| Thu, Nov 12, 2009 |
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Breakout Stocks On Big Volume November 11, 2009 & SNIC Detailed Option Trade
Here is a list of stocks which traded higher Wednesday November 11, 2009 on unusually higher volume. I will keep an eye on these stocks Thursday to see if there is continued buying pushing the stocks higher. This method is just one of the ways I use to pick stocks to structure particular option trades. This post requires the knowledge of stock options. [More...]
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| Wed, Nov 11, 2009 |
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Support Holds As Indices Eek Out More Gains
The markets managed to eek out another gain today, although they had a rough road. Despite the early big gap-up and strong surge that took them to new 2009 highs, taking out the October highs on both indices, they reversed sharply lower, bounced and then came down and made lower lows, but only slightly, and couldn’t follow-through to the downside in mid-afternoon when they hit their session lows. Then an afternoon 3-wave rally brought them back towards intraday resistance but closed them right there. [More...]
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| Mon, Nov 09, 2009 |
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Bulls Can't Ask For More
The indices had a huge rally today, gapping up sharply at the opening, running hard in the morning, and then working their way steadily higher in a rising channel all session. Then in the last 15minutes they exploded into the close, closing at the highs for the day going away. The bulls couldn’t ask for more. [More...]
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| Wed, Nov 04, 2009 |
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Indices Barely Salvage Gains In Volatile FOMC Announcement Session
The indices ended a bit positive on FOMC announcement day, but there were some wild gyrations in between.
They gapped up at the opening, backed off, and then ran hard in the morning, reaching over 1700 on the Nasdaq 100 and just above 1060 on the S&P 500. Those were key resistance levels. At that point they drifted lower in a corrective looking pattern until the FOMC announcement, but shortly afterward had some wild gyrations, including a sharp drop and then a sharp rally back. At that point it looked like the rally might take out the early morning highs, but they stalled right at them and rolled over hard into the close, giving back most of the gains, but still managed to close a bit positive on the day. [More...]
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Best Buy follows Amazon into the clouds
BloggingStocks: Best Buy (NYSE: BBY) may be the world's largest electronics retailer, but it realizes that it faces a huge threat to a hefty chunk of its business. Apple (NASDAQ: AAPL) is moving plenty of movies and other soon-to-be former DVD fare through iTunes, ... Read more
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