We gapped up to the old highs this morning based on a better than expected GDP report. I don’t trust these type of gaps after we’ve already had a strong move. They smack of exhaustion to me. Yeah, I know the news is good, but my warning flags are raised, as are [...]
I’m glad I decided to stay on the sidelines today. Most of the stocks on my buy list closed very near or below where I would have bought them. What started off looking like a strong up day turned into a very choppy, go nowhere kind of day. Now I like my [...]
The indices did indeed bounce off of their 50-day moving averages on Friday, making hammers in the process. (imagine that!) I suspect that a lot of the last hour buying was shorts taking their profits & running. Based on the action of the indices I was expecting to come up with a long [...]
The major indices are all hovering near their 50-day moving averages. That heavily watched average is where a lot of traders will likely take action. We’re also in oversold territory, based on my stochastic indicator. As I see it, this is a good risk/reward area to start buying. Of course, I’ll [...]
Update: I’m not updating this list any more. I am keeping an up-to-date list of blogs that I read in the Stocks/Finance folder in my BloglInes account. Feel free to check it out.
Here it is, my attempt to keep track of all the stock market (and other trading) blogs out there. [...]
Here’s the best article I’ve seen regarding the economy’s second half recovery.
(via Zwoof’s Woofing Post)
The list of stock market blogs is growing quickly now (finally!). Here’s another trading blogger (blogging trader?) - JChart.
I guess I should keep a running list of these apart from my BlogRoll. If nothing else, maybe that will help knock that damn BlogShares.com out of the number one ranking for the [...]
I know I’ve been slacking off on posting to this site lately. I’m still on the sidelines, in cash, waiting out this busy part of earnings season. A couple of years ago I made it one of my rules to take off these earnings laden weeks each quarter (usually the 3rd & [...]
I’m happy to report that I’ve just found another trader who has started blogging. (hat tip to Charles) Take a visit to the Kirk Report and poke around.
As always, there are other stock market related blogs in my blogroll (left column on the main page) and in my previous [...]
I’m still here, just waiting out the meat of earnings season. Things are still generally too extended for me to want to jump in long and too strong to want to short. I hope to find some entry points over the next few days. Meanwhile, back to sleep…
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