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Daily Insight - Jan 11, 2010 3:30pmAlthough markets are grinding higher, especially with the SPX.X and COMPX etching out new 52-week highs, a lot of tech leaders are seemingly sloppy and are not following suit with new highs. Stocks like AAPL, IBM, AMZN...
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Daily Insight - Jan 8, 2010 3:30pmWith a muted response off the employment numbers, markets are grinding upwards, just like what we have seen over the past few trading sessions. This bodes well for the Bulls to hold onto the current uptrend and new 52-w...
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Daily Insight - Jan 7, 2010 3:30pmMarkets have retreated during the trading day but prices "supported and bounced" off their respective rising midpoints. So for now, more muddling is expected into the close as pundits await Friday's non-farm payroll num...
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Daily Insight - Jan 6, 2010 3:30pmMarkets are holding steady and "consolidating at the highs" with an upward bias. Higher prices are expected as the major indice contain any selling. "Day Trader" had no trades with ADBE as it never went above yesterday'...
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Daily Insight - Jan 5, 2010 3:30pmMarkets are behaving in a normal fashion as it "pauses" after yesterday's long up vector and expected is a resumption of trend with a Day-3 "continuation vector" for Wednesday. Noted is that after a Day-1 breakout vecto...
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Daily Insight - Jan 4, 2010 3:30pmMarkets are making new 52-week highs and higher prices are expected. Friday's decline was supported at the midpoints and both the SPY and COMPX are seen making "U" bounces off these midpoints. "Day Trader" will discuss ...
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Daily Insight - Dec 18, 2009 3:30pmAs previously announced, we are off-line for the Christmas holidays from December 21 to January 1, 2010 inclusive and will return on Monday, January 4, 2010. Markets are finding a footing on their supporting technical ...
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Daily Insight - Dec 17, 2009 12:00pmMarkets have retreated back into their recent consolidations and we surmise that more of the same sideways-to-down grind into the closing bell. As such, although markets are still positively viewed, a very negative cl...
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Daily Insight - Dec 16, 2009 3:30pmMarkets are biding time as the SPY remains in the upper part of its "consolidation at the highs" while the COMPX "consolidates at the highs." Higher prices are still expected as the indices churn into the close. "Day T...
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Daily Insight - Dec 15, 2009 3:30pmMarkets are back to their "consolidation at the highs" and pundits are seemingly waiting for the FOMC release on Wednesday at 2:15pm. For now, a sideways-to-down lull should persist into the close. "Day Trader" had no ...
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Daily Insight - Dec 14, 2009 3:30pmMarkets are moving higher as the SPY is on the cusp of staging a Day-1 breakout spike with trading near the upper boundary of its recent "consolidation at the highs" while the COMPX post new 52-week highs. Higher pri...
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Daily Insight - Nov 25, 2009 3:30pmNoted is that we will be off-line from November 26, (Thanksgiving Holiday), till December 11, online for the week of December 14, (Dec 14 till 18 inclusive), and then off-line for the Christmas holidays from December 21 ...
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Daily Insight - Nov 24, 2009 3:30pmNoted is that we will be off-line from November 26, (Thanksgiving Holiday), till December 11, online for the week of December 14, (Dec 14 till 18 inclusive), and then off-line for the Christmas holidays from December 2...
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Daily Insight - Nov 23, 2009 3:30pmNoted is that we will be off-line from November 26, (Thanksgiving Holiday), till December 11, online for the week of December 14, (Dec 14 till 18 inclusive), and then off-line for the Christmas holidays from December 21 ...
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Daily Insight - Nov 20, 2009 3:30pmBecause markets did not negate Thursday's ugly long down vector and is seen "consolidating at Thursday's lows," lower prices towards the second horizontal supporting trendline is a distinct possibility. So for now, exp...
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Daily Insight - Nov 19, 2009 3:30pmMarkets are down but not out as they are trying to "support and bounce" off their rising midpoints respectively. So as long as prices do not finished at the morning lows and/or above the midpoints, higher prices are ex...
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Daily Insight - Nov 18, 2009 3:30pmMarkets are still quietly "consolidating at the highs" and higher prices are expected. "Day Trader" had no trades with MMM and CSCO and will discuss his selections after the close.Swing Trading - Nov 18, 2009 3:30pm"Swin...
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Daily Insight - Nov 17, 2009 3:30pmMarkets are staging an "inside day" or pause day and a resumption of the uptrend is expected after this "consolidation at the highs." Because Monday's long up-vector was not negated today, higher prices are shortly ant...
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Daily Insight - Nov 16, 2009 3:30pmAfter Friday's "inside day" or pause day, a resumption of the uptrend occurred till early afternoon. Markets have since pulled back an easy 60 Dow points so the closing print will provide clues for Tuesday. If prices...
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Daily Insight - Nov 13, 2009 3:30pmMarkets are tracing an "inside day" and this pausing action provides the backdrop for a "consolidation at the highs." Rising midpoints "should offer some sort of first support" on the downside or could help "push" up t...