8:00am Joint meeting of FDA Anesthetic and Life Support Drugs and Drug Safety and Risk Management advisory committees.
8:30am Earnings Before the Open: CHNL, CPA, CRYP, DAKT, DRQ, FCSX, FIG, FREE, FSIN, GSOL, GSIG, ITWO, KLIC, MPEL, NJR, OHB, PAAS, RAH, SI, GASS, TEF, UNCA, URBN, WMT, WNS, YGE, ZOLL.
8:30am Sept Trade Balance (last -$59.1B)
8:30am Initial [...]

327 Comments

This post by Daneric40 has been promoted from StockTock Social.
Another horrible down day. Volume picking up, VIX ticking up. Has this decline from peak some kind of huge ABC correction or wave 5 of 3 down? It looks like wave 5 of 3 down. The reason is the wave structure and the sheer breadth of [...]

4 Comments

Update (Nov 13, 5:50 PM):
I bought more SSO this morning when DOW was basically flat. I also bough calls on oversold ESLR for a scalp trade. Despite the midday scare about pennant being breached, I held on to all my long positions as I noticed that the sell off was not broadbased like it was [...]

17 Comments

It’s 6pm and this is the first time I’ve looked at the market all day. I am having some serious Intraday Commentary withdrawals. Looks like the pennant scenario is playing out. Despite the weakness after hours, I would expect a strong bounce from here.

6 Comments

With the announcement last night that Craig needs to step-back from daily interaction on StockTock, I’d like to start opening up discussion with everyone to collect thoughts and ideas for the future of this network. Our goal has always been, and still is, to build it for and around the trader community.
Please join the StockTock [...]

3 Comments

Wednesday, November 12, 2008

8:30am Earnings Before the Open: ACM, FLY, CSIQ, DSX, DPS, GMCR, HQS, IGLD, JASO, M, TYPE, NSSC, NICE, ORCT, SMA, NGLS, TRI
10:35am Crude Oil/Gasoline/Distillate Inventories
11:00am Fed’s Kohn speaks on financial services in Luxembourg
1:00pm Treasury’s ten-year note auction
1:00pm Fed’s Stern speaks in Minneapolis
2:00pm Treasury’s TSLF auction
3:00pm Treasury’s TSLF announcement
4:00pm Earnings After the Close: [...]

342 Comments

Dear StockTock Community,
I wanted to inform everyone about some changes in my career and its affect on StockTock. Starting tomorrow, I will begin working on a trading related business venture that will take my time away from the Intraday Commentary and Daily Videos. I want to be clear that StockTock will continue to be a [...]

73 Comments

In the last few days, there have been a lot of reasons for the bottom to fall out of this market. Yet, it hasn’t happened. Today, with the slightest bit of inconsequential news on mortgage refinancing, the market went from -250 to -10 in less than 40 minutes. SPY held a trendline support at 885. [...]

13 Comments

S&P closed down about 20 points to $899. Volume light due to the holiday.

175 Comments

First, let’s look at a comparison chart of the EUR/USD versus the S&P. As you can see, there is a strong correlation. This means that as the euro weakens against the US dollar, the S&P weakens.

3 Comments