SPX is touching 1100 which is an important level, if we close above that is very bullish. The market is looking much better now. But lets not jump into excitement. I have seen too many sell offs in the last 3 months when Financial Reform Bill was being debated around including a flash crash on [...]

Senate passes Financial reform Bill 59-39
national anger  pours at  Wall Street.
The Culture of Greed perhaps has come to a halt. This is a comprehensive sweeping reform the biggest since Depression Era of 1930s. Watch the video.

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The stock market had another horrific sell off as Senate nears a historic vote. Here is the quote:
“Senate Majority Leader Harry Reid predicted that several Republicans will break from their party tomorrow morning, likely thwarting a financial reform filibuster.
“A number of senators, Republican senators, have told me they will vote for cloture,” Reid said.
If Reid’s [...]

Wall Street gathered more than $20B in bonuses in 2009 as recession plagued US
While the whole nation was quagmired in a punishing recession Walls Street was back to its old ways. After being bailed out by your taxpayer dollars, they take huge bonuses while the country still rocks under double digit unemployment.
I guess GREED never [...]

Here is a chart that is making waves on the Internet and media. Every picture tells a story , have you heard the Rod Stewart song ? Well this one speaks of itself. We have come  a long way since 2008. Do you remember the dark wintry nights of 2008 ? The world was coming [...]

I bet that question has caused sleepless nights to many. I am not immune to these emotions either. I felt caged and helpless and frustrated just like any other trader. Negativity and depressive psychosis is  hitting the streets again just like in 2008 when the end of the world was near !  But since than [...]

Those of you waiting for the market to crash and burn, I got news for you. This is not 2008. We don’t see roller coaster rides 400 points up and 600 points down. It used to be that a 300 point movement in DJIA was considered nothing. Not any more.  Not now. Since Obama administration [...]

Last  few posts I was concerned if $SPX would not make it and go lower. Here is what is going on in current stock market.
But at the last minute, just by sheer luck as if it had to happen $SPX pulled up from the Bullish cross. Yes we could have been in the 860 area  or lower for $SPX [...]

So far so good. Stock market is in a confirmed rally mode since the Follow through day on March 11, 2009, according to Investors business Daily  and William O Neil school of thought. Every bull market starts off with a rally attempt, from the very lows, and has a follow through day subsequently after 4 [...]

Market has been watching carefully eyeing Obama’s Economic package being hustled in the Halls of Congress. There is one thing than another and another and the process seems to go on for ever. Its a huge bill worth about 850 billion in seed money that will be needed to jump start our economy after Dubya crashed it [...]

photo courtesy: AP
President elect Obama was sworn in as 44 Th President of The United States. What a historic day for US and the whole world. Son of first generation Kenyan immigrant Obama is the first Afro- American to be President of the United States in its entire history. This has been very historic event [...]

I am happy to see 2008 coming to a close.
The year is over almost, not yet though at the time of this post. Oh what a year this has been. I cannot recall another horrific year since 1992 when George Bush Sr was President and the economy collapsed and a young new face named Bill [...]

With My system you can make money from the stock market during recession-no matter how bad the Economy gets-Click her and read more
The market has seen nothing but down days since Obama was elected President on November 5, 2008, until Friday when it made a near 500 point rally to the upside. The market internals have been nothing but [...]

Index option trading is coming back. Major indexes are up last 3 days. DJIA, SPX, RUT, COMP, RUT all have made significant gains, but the market remains dicey and very volatile. VIX still up in the 60-70 area and hardly coming down and that is still a major concern.
Investors Business Daily has changed its market [...]

Stock market crashes happen in October and its happening again. This not not a correction or a sell off this is full fledged stock market crash. The losses for the year 2008 stand around 8.3 trillion dollars of stock market cap wiped off of our national wealth.
Dow and the stock market opened down 700 points [...]