Tuesday, September 26th, 2017

What is a Golden Cross? It is an event when a 50 day moving average crosses 200 day moving average from underneath. It has all the bullish connotations. That means the market is bullish and that the long term outlook also has changed from sideways to a slight slant to the upside. If the market […]

There was a rally on Monday and the marker rested on Tuesday and today the market gaps open heavily on the upside. All the stocks gap up likewise. Its a work of professionals. They are jockeying this beast to heavens, Last week it was being pummeled to death and this week everything is hunky dory? […]

The Headline news risk remains high.. anything bad and the bears pounce on it. There is no shortage these days and so the market is  down below its 50 day moving averages on all three major indexes SPX, NDX and RUT.  The volumes are high suggesting institutions dumping shares. The internal on the market are […]

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 […]

President signed the Financial reform Bill into law today at a huge White house ceremony. American taxpayers =1 Wall Street =0 They fought it tooth and nail and lost. Lost to the will of American people who supported such reform otherwise we could not have 60 votes in the Senate. This is sweeping reform that […]

Stocks have fallen since the SEC decided to sue Goldman Sachs for fraud. This the one line nugget you can find on Yahoo Tech Ticker, and there are lots of other reasons there as well. But the main reason why this market crashed and burned with this much ferocity was the Financial Reform Act that […]

Jobs report came with 411K Gov + 41K private jobs added. That put the bears in control and the market was gapped down 200 points as usual. If you stop to think for a moment, Bush was losing 500K to 700K jobs a month this report was a honey pot compared to those nasty numbers […]

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. [FLOWPLAYER=http://indexoptionstrading.alliancemtg.com/wp-content/uploads/2010/05/2010-05-20_WSTREET.mp4,570,350] According to Huffington Post ” In its broad sweep, the massive bill would touch Wall Street […]

Under Financial Regulatory reform Volker Rule is being debated in Senate now, banning prop-trading, market dives 300 points http://huff.to/bOWIAy. These kind of background news enrages Wall Street and they have shown no mercy in trashing our markets down 300 points. You can find lame excuses being put forward on TV but those are not the […]

Closer watch over Wall Street will help consumers make better informed choices about investing and shine light on the shadowy deals that caused the financial crisis, President Barack Obama said Saturday in pushing Congress to pass overhaul legislation. In his weekly radio and Internet address May 15, 2010, Obama said the bill also would curb […]