Written By: Teresa Appleton Stock Forum ID: Teresa
Wednesday the market rallied off the FOMC announcement after spending the morning wound tightly. Volume increased with the announcement to support the rise in price to leave accumulation days.

Crude rallied again today to close up $1.17 at $58.14 on the day. Inventories were actually higher [...]

I think NYSE Group (NYX) has a very good shot at impressing the street with earnings. The stock struggled in late December but held up thanks to its 50 DMA, or daily moving average. Now the stock sits once again at its 50 DMA, and with earnings due out Friday morning, fireworks could be around [...]

I love the setup that Sears Holdings (SHLD) has assembled here over the last few months. Looking at the most recent base that is developing, the lower average volume is perfect for a setup. What I will be looking for is the stock to rise back towards $180 on continued lower volume, and then make [...]

Taking a closer look at the Streettracks Hold Trust (GLD), which is a tracking index of the price of gold bullion. What I like about today’s activity is the strong accumulation volume close at nearly $65. This is technically a breakout past the base the Fund was had established over the last few weeks. In [...]

Shares of Google (GOOG) are setting themselves up nicely today with earnings due out after the bell. The stock has risen 2% as of 3:17 PM EST and is up close to 10 points trading above $500 once again. Playing this stock is simple, buy with a heavy volume break above $513 which will most [...]

Written By: Teresa Appleton Stock Forum ID: Teresa
Tuesday another day in range for the broader markets.  Green closes and rising on light volume was the tone on the day.  The market held and was not in any hurry to move far or fast ahead of the FOMC announcement Wednesday afternoon.  Crude rallied on the day [...]

Looking at the chart of Ishares China (FXI), it has had a wild run the last few weeks. After topping out at $118.04 the fund sold off heavily, falling all the way to test $100 support not some 6 trading days later. Since though there has been decent support, and it seems the fund may [...]

I like this setup that Corning Inc (GLW) is putting together. The stock isn’t in the hottest of industry’s right now, but the technicals look nice for a short term play. After trading over 65 million shares just last week and surging to nearly $21, the stock has started to fall back naturally on lower [...]