Stock Market Commentary

Ron Paul on CNN


Stocks Lounge Around with Traders

Monday’s trade was as expected, low volume.  It is quite clear the big institutional players are sitting on their hands on the sidelines.  Last Thursday we did see some elephants enter the room however, they have taken the prior two trading sessions off.  I can not blame them as there is uncertainty surrounding tomorrow’s GDP […]

Sierra Chart Review

Sierra chart is a high quality realtime and historical charting, technical analysis and quote software program for the financial markets. It has a large variety of tools which helps the trader in doing their business seamlessly and efficiently. The program downloads and store intraday charts for a symbol when one is connected to the data […]

Stocks Power Up End of the Day

Friday’s action was a bit dismal until I looked at volume statistics for the day. Volume initially ran hot but declined throughout the day. Stocks were poised to close lower on lighter trade. Not a bad day for consolidation until stocks caught a bid and roared to the highs of the day. […]

NASDAQ leads, NYSE and S&P500 Indexes Lag Behind

A positive day all around for those who are long stocks. Bears were unable to push stocks lower for a third consecutive day. Instead the NASDAQ rallied hard on higher volume, a positive sign. An even better sign was that volume nudged slightly higher than its 50dma. It is certainly and […]

Stocks Pull Back, But Was It THAT Bad?

Crude oil was the talk of Wall Street as it inched ever so closely to $120.00 a barrel.  Volume soared above Monday’s level but stayed well below the 50dma as well as last weeks up days.  There are many no dobuting this rally due to Tuesday’s market action.  VIX jumped to over 21, NYSE Short […]

All Systems a Go for Bulls

Stocks show what your opinions mean in a market: NYSE short interest is at 5 year highs, Consumer Confidence at multi-decade lows, and Investor surveys are all bearish. The market does not care about opinions, that is why I follow price and volume action. What we’ve seen is a market that is increasing […]

Wealth-Lab Developer Review

Wealth-Lab Developer is a stock and futures trading system development and back testing tool. It is a stock software program from Wealth-lab.com.  A trading strategy (or, trading system) is a set of explicit rules that tell you when to buy, sell, sell short, and cover. It allows the trader to make his own trading strategies […]

Friday Was A Good Day, Nasdaq And Dow Move Higher On Above Average Volume

Friday was probably the best day of the market this year. The major indexes may be poised to break out of their trading ranges and move higher. The Naz and the Dow were able to move higher on volume that was above their 50 dva, the last time they were able to do […]

Financial Media Survey

Good afternoon!
I have been working with a new start up company in Pittsburgh, PA.  If you could kindly check out their survey on my site it would be greatly appreciated!  My apologies for the code and the survey not looking outstanding.  I will be posting more details about this new venture in the days/weeks to […]