Tuesday, May 23rd, 2017

What do successful traders do ? They avoid bigger losses and that way they have more gains than losses to count for. They trade when the odds are in their favor and chances of losses minimal. Institutional traders are different because they trade both ways and successfully control the market which is a finite domain. […]

Sun eclipse has something to do with the stock market. It is exploding to the upside in a sharp rally off its lows set on Friday. I am just kidding. The market is exploding to the upside because of extremely oversold readings on the charts. The market was oversold over two weeks of losses straight […]

The much hyped marketed  IPO of Social Media Website just started trading few minutes ago. The hype was so much that crowds were gathering outside Times Square in New York and elsewhere. Big blasting neon signs. There was a small crowd here with me as I am on the Iphone with a trader friend of […]

US economy and European worries are driving these down turns in the stock market. Will this be the end of stock market ? How much selling can go on? I don’t have the answer for the last question rest of them are in the video you can watch. The big money is fixated with Greece […]

The stock market is in a correction. How deep and penetrating this correction will be only stock pundits and fortune tellers can hawk those numbers to you. As a Technical analyst I can only show you where it has been and what you can expect based on the charts itself. We don’t predict the stock […]

by Robert Reich Friday’s jobs report for April was even more disappointing than March. Employers added only 115,000 new jobs, down from March’s number (the Bureau of Labor Statistics revised the March number upward to 154,000, but that’s still abysmal relative to what’s needed). We need well over 250,000 new jobs per month in order […]

Uncertainty kills the Stock Market- A bad unemployment report adds to it. There was no surprise. The economy has been stalling for sometime. Various indicators and reports pouring the doom and gloom for several weeks. Retail sales, consumer confidence, home sales and manufacturing reports have been lackluster lately. After a three month of optimism we […]