Thursday again gave us a mixed outcome on the day. Nasdaq 100 and Nasdaq Composite both green and on slightly heavier volume leaving an accumulation day. The S&P 500 and Dow both closed red and on heavier volume, leaving a distribution day. Which makes two consecutive distribution days for the S&P 500 [...]

I really like this chart of Apple (AAPL), as I have been watching it develop over the last several weeks. The move yesterday to push past $86 resistance and the 50 day moving average -50 DMA- was huge, as the stock not only closed above both resistance points, but also closed with nice accumulation volume.
With [...]

Wednesday brought in a little inflation jittered filled market. Mixed close across the broader markets, Nasdaq 100 and Nasdaq composite closed green with the S&P 500 and Dow closing red. NYSE on heavier volume leaving a distribution day and the Nasdaq rising on light volume, leaving us to wonder where the participation was [...]

Take a look at the Streettracks Gold Strust (GLD) and you will find the fund has run up very nicely over the last hour and a half; that is because gold is up 25 points out of no where! Should we speculate and say that this run is unaccounted for? NO, I say it is [...]

I took a position in Sirius Satelite Radio (SIRI) this morning based on the same technical intraday indicators I used for the XMSR daytrade yesterday. Let’s take a look at the intraday chart and the buy,Playing these indicators is like stealing candy from a baby if you know what you are doing. Once again, I [...]

Did you get to read my post on JetBlue’s (JBLU) overreaction sell off yesterday? Well, today today the stock is up nearly 4% right out of the shoot, and I just sold out at $13.46. Right from the post,
“Look at the gap down today below $13, and you can see the void missing now in [...]

If you haven’t heard the news on JetBlue (JBLU) from the weekend, then I will update you now with the latest headline from Yahoo Finance,
“JetBlue Airways Corp. (NasdaqGS:JBLU – News) said on Tuesday reimbursing passengers stuck on about 1,000 delayed flights and updating its operations to prevent further problems could cost the [...]

Check this out on a daytrade you could have done with me on XM Satelite Radio (XMSR). First off, what I saw and was waiting for,

What you first want to take note of here is the MACD and Stochastics (both on bottom). First the MACD, click the chart to view the whole picture, and you [...]