As the bears continue to consume all short term market sentiment the thought a spark of light that could signify hope is quite attractive. With Research in Motion (RIMM) earnings due out this upcoming week and the stock trading at new all time highs, could this be the saving grace for tech or the last [...]
Continue Reading...
Filed Under Stock Talk and
Trends |
1 comment
----------------------------------------
A short rally early in the week was quickly repelled as bears continue to hold the reigns and drive the market lower. All three indices finished the session and week today well in the red, trading on heavy distribution volume. Are multi-year lows around the corner?
The worst performing index continues to be the Dow Jones [...]
Continue Reading...
Filed Under Trends |
8 comments!
----------------------------------------
Taking a closer look at the United States Oil Fund (USO) you can see today’s heavier volume bearish close right near session lows. Could this be the momentum to push oil out of the new highs striking range?
The ETF tracking the price of light sweet crude is still technically trading within the latest horizontal channel [...]
Continue Reading...
Filed Under Trends |
2 comments!
----------------------------------------
What have been up more then 100% since April? Coal stocks. But, all the heavy hitters have reversed off early morning session highs today with increasingly heavy volume. It is time to wave the caution flag.
A climax run is when a leading stock opens the day at new highs and reverses on extremely heavy volume [...]
Continue Reading...
Filed Under Stock Talk and
Trends |
3 comments!
----------------------------------------
With Fertilizers, Coal, and Oil all in the spotlight it would be easy to overlook another hot commodity, Steel. The fact of the matter is though Steel stocks are just coming off key trendline support and are looking bullish.
This trend has been in play many, many, many times in the past here on the Stock [...]
Continue Reading...
Filed Under Trends |
2 comments!
----------------------------------------
Since the most recent breakouts for Coal specific stocks returns have been as high as 165%. The latest breakouts for coal stocks came between April 2nd and April 4th, and only the sky has been the limit since.
Below you can see stock charts of James River Coal (JRCC), Alpha Natural Resources (ANR), Massey Energy (MEE), [...]
Continue Reading...
Filed Under Trends |
7 comments!
----------------------------------------
As always Stock Trading To Go is all about watching and playing the hot market trends. After consolidating for over a month it seems that fertilizers may be back and ready to move.
The three stocks I closely monitor in this group are Potash (POT), CF Industries (CF), and Mosaic Company (MOS). Their charts are below.
All [...]
Continue Reading...
Filed Under Stock Talk and
Trends |
3 comments!
----------------------------------------
Could this high flying trend need a temporary rest? Take a look at these charts of First Solar (FSLR), Sunpower (SPWR), and Suntech Power (STP) and see what you think.Or, maybe it is isn’t the group as a whole, but perhaps just the solar stocks within the group? I think this may be the case [...]
Continue Reading...
Filed Under Trends |
2 comments!
----------------------------------------
Subscribe via RSS
Subscribe via Email