This makes me nervous, I can’t stand long term trend lines acting as resistance…
Check out this chart of the NASDAQ Composite and you will see what I mean. In this daily view we have both the 200 day moving average and the lows of 11/26/07 to deal with.
A heavy volume break and close above 2540 [...]
Filed Under Stock Talk |
3 comments!
----------------------------------------
Dryships (DRYS) has not slowed down since it hit my buy point of $88.20 on May 2nd, closing Friday at $110.74. View the original Dryships stock breakout.
This puts DRYS up 25.6% in only 11 trading days, an impressive feat.
Looking ahead the drybulk commodities shipping trend should only continue to escalate into epic proportions. Stocks like [...]
Filed Under Stock Picks |
3 comments!
----------------------------------------
Business travel will have me in Las Vegas all this week for the Money Show which is being held at the Mandalay Bay Resort.
I will be running the Covestor booth (#817 in the exhibit hall) so if you are planning on attending make sure to stop by and say hi .
Posting here on [...]
Filed Under Updates |
1 comment
----------------------------------------
On April 18th, 2008 Goldman Sachs (GS) stock had a heavy volume gap up day to move to $180, which became the start of a new long term trend.
The stock has since moved to $200 where it has found resistance and trending back down into the $180s. Will this be a temporary support area before [...]
Filed Under Stock Talk |
1 comment
----------------------------------------
I only have one question for you readers…
Are you a buyer up here?
Filed Under Stock Talk |
6 comments!
----------------------------------------
Today Gymboree (GYMB) has officially broken out of its base that was featured on StockTradingToGo.com last weekend. The stock is currently up 6% on the day as of 2:15 PM EST and is trading with higher volume.
Keep a close eye on GYMB stock today though and look for the following after the close:
A close above [...]
Filed Under Stock Picks |
3 comments!
----------------------------------------
               Life is complex. From the moment we awaken each morning, a never ending cycle of decisions appears. For most people, preparing for work, getting children off to school and enduring a morning commute offer increased stress levels. By the time their workday begins, stress has become elevated, fatigue encroaches and then we realize our [...]
Filed Under Stock Market News |
Leave a comment!
----------------------------------------