Wednesday put in a narrow range light volume day. Of course we pretty much expected that and seeing a lot of inside days or narrow range days through the rest of the week should not surprise anyone. The last day of the month was overshadowed by the Tuesday’s drop. Even Chairman [...]

To help spur some activity within our community here, I am offering up a $20 Amazon.com gift certificate (think of the possibilities… movies, books, magazines, heck even food) to anyone who can perform one or all of the tasks listed below. Each one you do gives you one entry in the prize pool, for a [...]

I have had a few requests to see my setup I have running over here in my office, so today I took a picture to appease the masses; this is where it all happens! I currently am running two monitors off of my PC, and two off of my laptop (including the laptop itself). I [...]

Added Volatility is a great thing for us daytraders, I just closed another daytrade which this time was with EBAY (EBAY), and think it can better help to understand how to utilize certain technical indicators to make quick cash. In this case my streamer wasn’t working correctly, and I actually made the whole trade just [...]

Well for Tuesday giving my normal up or down day and volume update doesn’t seem to do this day justice. So let’s say it was a vertical drop from 12,600 feet and it never looked back. Volume on the Nasdaq was huge, only one day higher all of 2006 and that was June [...]

Before getting into the importance and meaning of an accumulation day, it is important to look at the basic meaning of the actual word. Accumulation is based off of accumulate which means to add more to, gather, amass, etc. You accumulate alot of things in life such as wealth, strength, friends, etc. In the stock [...]

I would be very cautious with playing Google (GOOG) in this range. We know that the $455 range has been great support and a great buypoint in the past, but this time we may not be so fortunate.Take a look at the resistance the stock recieved at its 50 and 20 DMAs, this is a [...]

CHINA – Sold @ $9.23 (6.95%)
AAPL – Going Long
XLE – Sold@ $58.21 (0%)
FXI – Sell @ $97.26 (1%)