The facts are now clear, Microsoft (MSFT) has officially withdrawn its bid for Yahoo (YHOO). The news was released over the weekend after the market close which has caused a stir today with Yahoo stock reacting in a big way.
Yahoo stock is down over 13% to $24.84 in midday trading after falling as low as [...]

Shares of Visa (V) Stock have already nearly doubled in price since its $44 IPO on March 19th of the 2008 year. The stock this past week hit a new high of $87.64, but could not keep momentum up and Friday posted its only third distribution day since its debut in March.
Visa stock is ready [...]

The recent price action on Gymboree (GYMB) stock cannot be overlooked. The stock has been building a base for over a year and a half and now looks ready to break out past long term resistance at $45.
I present Gymboree here on Stock Trading To Go as it is in its latest base. You will [...]

A great move today from Dryships Inc (DRYS) stock which was featured in my Wednesday night edition of Blain’s Nightly Stock Picks. The stock tallied 8% to close at $89.96, almost two points above the $88.20 buy point.
For those who are not familiar with the stock, Dry Ships is a provider of carrier transportation services [...]

A big session for the bulls as they took back the momentum from the bears. Volume soared as the market shot to new multi-month highs.
The dollar gained more ground today and commodities suffered because of it. Gold and Oil were both down overall.
As usual tonight we will start the charts with the overall market.
NASDAQ Composite

S&P [...]

I have been keeping a close eye on FXI which is the Exchange Traded Fund (ETF) that tracks the Ftse/Xinhua China 25 Index, and it is nearing its next major buy point for long term bulls.
FXI first came under big notice when on 4/23/08 it gapped on heavy volume to close above key resistance. Since [...]