I’ve been beta testing a new free service called StockTickr for the last few weeks and am very impressed with it . For you Web 2.0 fans, think of it as a cross between del.icio.us and an ‘old school’ online portfolio tracker. It allows you track stocks via your own keywords so that [...]
Convera has done well since the last time I charted it. Here’s the current chart for Chris:
It’s month end today so the million dollar question is do they mark ‘em up or continue to snatch profits? I won’t be surprised to see some mark-ups, especially late in the day but I still think there’s more downside to come over the next few days. I’m looking at the 2,200 area [...]
Here are two blogs that I added to my blogroll over the last week or so:
Trader-X, which has a ton of example trades and good trading commentary. I suggest you start with the links in his welcome post.
Ticker Sense by Birini Associates, Inc. This blog is less than a month old but it’s [...]
It’s been a good few days for me. I had my second biggest profit today since I’ve been daytrading and last Tuesday was my third highest day thanks to that CMED trade. Today should have been a record day but I bailed out of my shorts a little too soon as that 3:00 [...]
I’d still rather play the short side but you know me — I’ll take whatever the market gives. There are a couple of price target increases that have my attention this morning. SanDisk (SNDK) got upped to a buy (from hold) at AmTech and they raised their price target to $70 from $50. [...]
We finally got another day of selling in this five week rally. One positive for the bulls is that volume was on the light side today. The Nasdaq actually looks like it could find support right in this area since it’s right on its trendline. Still, for swing trades, I’d rather be [...]
Jeff wrote:
I was wondering if you could comment on AAPL. It seems to me like an evening star may be forming, but today’s little advance in the face of the negative market seems encouraging.
IMHO, today’s action seems like a classic last gasp as the really late buyers stepped in on the iPod-Christmas-sales-bandwagon. (Disclosure, I [...]
I hate to sound like a broken record but I’m still of the opinion that over the intermediate-term this market is better sold than bought right here. The indices are gapping up this morning and long time readers know that I really don’t trust gaps in the direction of the trend after a run [...]
I doubt if I’ll do much today since it should be a relatively low volume session. There are some interesting gappers this morning though, especially those that are gapping down. (Yes, I still have my bear costume on.)
Potential swing trades:
See one of the recent ‘Chart Reading‘ posts for some potential swing candidates. [...]
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