Today the FED cut interest rates by a quarter point which could very well be the final cut. After the 2:15 PM announcement the market traded down on higher volume to finish the day in the red.
On the tech front Google (GOOG) ran up 3% on heavy institutional volume. Also, Netlogic Microsystems (NETL) gapped up [...]

The market overall had a pretty light day today ending nearly unchanged across the board.
Chinese internet giant Sohu.com (SOHU) jumped over 10% to a record high close after reporting stellar earnings and raising guidance, and Ford (F) today surged back over $8 on news that Kerkorian is taking interest in the struggling motor company.
After hours [...]

Featured groups Fertilizers, Steel, and Gold all took hits today as institutional funds flowed out of commodities as a whole (less oil which was flat on the day) and into tech stocks with a focus of computer software and semiconductors.
Tonight I am testing out new slightly bigger charts with a more appealing form of price [...]

Even though I was gone all of last week it seems the market and my picks did just fine without me.
Starting as usual with the market indices tonight I want to note that the bulls haven’t officially taken control of this market just yet. We still need to close above key resistance lines for the [...]

A nice rebound day for the market as the NASDAQ tacked on 1.3% for the day. The S&P 500 closed up only .5% but momentum has the sky looking optimistically bright for tomorrow.
Steel, Fertilizers, and Techs had a decent day today. The big movers were in Home Builders as the group ended up 3.8% for [...]

A distribution day for the NASDAQ today as the index nears its 50 day moving average support. Below you will find the support trendline that needs to hold if we want to see higher prices for the overall market.
Gold had a good day today and Commodities have officially made a technical comeback. I have featured [...]

The market started strong but slid midday to end in the red suggesting we may be in for a break.
Alternative Energy started strong but tailed off midday with FSLR, LDK, and MEE reversing off their intraday highs. Steel stocks though opened strong and finished the day still posting nice gains.
Lastly today Earnings season kicked off [...]

With unemployment numbers coming out today sour it is very good to see the market hold its ground and end the day flat.
Fertilizers were the big movers today with POT closing at new highs. CF and MOS also had great days, though the two stocks have some work to do yet.
Nasdaq Composite
Next resistance at 2400 [...]