May 2010

You are browsing the archive for May 2010.

One New Long Position For Tuesday’s Stock Market Session

One New Long Position For Tuesday’s Stock Market Session

No New Short Positions For Tuesday’s Stock Market Session

Rally Hits Wall Street as Volume Drops Off

Rumors China was not looking at their European holdings helped fuel traders fire to scoop up shares.  Unfortunately, institutions did not share the same vigor as volume was lower by more than 21% across the board.  While the price action was certainly positive the extreme drop off in volume certainly gave us pause.  The rally [...]

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No New Short Positions For Friday’s Stock Market Session

No New Long Positions For Friday’s Stock Market Session

Heavy Volume Reversal Erases Day’s Gains

A light volume rise in stocks for most of today’s session were completely erased as heavy volume selling sent stocks lower erasing all of the morning gains.  The media is blaming China for reviewing their Euro holdings, but the fear of further weakening of the Euro had traders selling stock in droves.  Volume on the [...]

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One New Short Position For Thursday’s Stock Market Session

One New Short Position For Thursday’s Stock Market Session

No New Long Positions For Thursday’s Stock Market Session

End of Day Rally Lift Stocks Off Their Lows

If you were living under a rock you would woken up not knowing what hit them as the market gapped lower.  Those who were reading headlines were woken up to “market plunging” and “fear over European debt spreading.”  Volume soared from start to finish as traders rushed in to sell stock in the morning only [...]

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A Quick Reminder About Follow-Through Days

Follow-Through Day according to IBD (Investors Business Daily):
After a significant market correction, the market will look to regain its footing. Any up day then counts as Day 1 of an attempted rally.
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