4:01pm
Insane volume on the SPY (last 10 minutes), this is the type of volume needed to break the descending channel. The next few days are going to be very interesting as we head  towards 89.50$. 
3:53pm
Wow what a rally here.. the next place to short is 89.30$ (50% retracement), i’ll wait till then to start shorting, and i’ll [...]

168 Comments

Here’s a video from another YouTuber that posts daily videos, stocktiger. Enjoy!

1 Comment

4:00pm
Nice little rally at the end, really close to the 200 SMA 10 minute on the SPY. I do believe the next time we test the neckline at 85.80$, we might break it.  Volume today finally increased, VIX ended up slightly higher, but lost most of it’s gains. 
3:37pm
It is obvious that the bears are controlling [...]

103 Comments

Hi folks.  Craig, Idan, and Mohan must have thought you were bored by their consistently civilized, insightful, and logical analysis.  They probably answer email promptly, too.  Well, that will all change now.  They asked me to join them so you can have a little variety.  They suggested beginning with an “introductory post about yourself, trading background, and why [...]

14 Comments

If the Federal Reserve Board were to be an elected ruling party government in a parliamentary democracy, they would have faced a no confidence motion and be out of power by now. Nobody disagrees with the notion that the policies of Alan Greenspan’s Federal Reserve Board take the lion’s share of the blame for the [...]

4 Comments

Monday, December 29, 2008
Events: Capital One Southcoast Energy Conference, WINS shareholder meeting
8:30am Earnings Before the Open: CALM
4:00pm Earnings After the Close: ONSM, RICK, SHFL

1 Comment

6:00pm
Wow, no volume today at all. Hopefully we’ll see some life come back on monday. Today’s trading does set up for a possible bear flag into next week. 
3:31pm
Possible double top on the SPY at $87.20  
3:16pm
Another incredibly light volume day, and it looks like we’ll be ending slightly higher. 
2:21pm
SPY broke out of it’s 20 SMA [...]

89 Comments

7:26pm
Merry Christmas everyone and I hope you guys had a great holiday, but it’s time to get back to work, it’s time to get serious. It is true that the holidays are not over, especially with new years coming up, but I expect volatility to start rising very soon (as soon as tomorrow). The market [...]

2 Comments

Fundamentals of the economy and many companies, especially that of banks are horrible. I made bearish case purely based on fundamentals. While I watch various chart pros for technical insights, a lot of the indicators confuse me a lot. In my quest to keep TA simple, I have compiled some technical indicators to make a [...]

7 Comments