Wednesday, January 24th, 2018

The market action has been relatively quiet with one day up and another day down. We are near the top related back to 2007 and hence we are seeing action that makes traders nervous. Longs are hard to place and shorts keep rolling up ladder. 15 day Premiun Membership Trial $7 Here is what you […]

  Binary Options – trading indices Indices such as the largest stock markets are made up of a certain number of individual companies and are one of the best ways to trade binary options. Whilst an individual company on the FTSE 100, the UK’s top loo share index, may fluctuate wildly on any single day, […]

Unable to display content. Adobe Flash is required. SPX bounced off the congestion pattern it was creating last few days and closed just near the all time highs set back in 2007. The erratic action seen last few days made many traders nervous and unable to take long positions. This however looks like will be […]

The problem with this market is it is hesitating to take out the old 2007 highs set way back before the Financial crisis hit in 2008. As if this will melt some forbidden icon that is at least has dominated our charts for the last 5.5 years. The sideways action has become a common place […]

Unable to display content. Adobe Flash is required. The SPX is acting erractically and making lots of traders nervous. We had a real down day yesterday and you can see the bottoming tail there and than today we got a surprised gap to the upside. Most of the day markets traded quietly expecting the FOMC […]

MARKET UPDATE posted 03/13/12 Unable to display content. Adobe Flash is required. The stock market keeps inching higher on good economic data. Today the retail sales came in very good and it helped the weak market back to close near new highs. This market is now entering a zone of unchartered territory. The 2007 highs […]

A better than expected number on employment of 236,000 helped boost the stock market upwards. The improving job sitaution will continue to keep a push in the market next few months. All major indexes including SPX , RUT and DOW finished ahead. SPX is now with 25 points of the 2007 highs as discussed in […]

The market dropped at the open on Sequestration fears and the usual media hype built around it. The opening once again shook the tree. But soon afterwards ISM manufacturing data poured in and it was a strong report and SPX managed to pare back most of the morning losses. In looking this whole week it […]