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Tags: business, finance, stock market, stock trading, stocks
Author: Click here if Wall St. Warrior is your Blog 17 Users are Following
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Technical Picture - Markets MixedMay 19, 2009
The markets closed mixed on late session weakness. The NASDAQ ended the day in the green on SOX strength, but for the most part today's trade was choppy. Strength was mainly attributed to...
Stock PicksDec 20, 2009
FLR $44.00 should be good to go long. Tuesday's WRB had high volume. Price is consolidating the move in the upper range (3 NRBs - price contraction before expansion). Looking for another WRB on the break.
POT closed on support Friday, but I expect...
$USD versus GoldDec 20, 2009
The first two charts show that the $USD has had thrusty move off the bottom to a resistance zone. The RSI is flirting with 70 so its likely to pause to consolidate or retrace somewhat at this level.
The last three charts show how gold rallied out of...
Day Trade - Potash Corp./Saskatchewan (USA) (Public, NYSE:POT)Dec 18, 2009
$USD vs. Gold still in play; SPX remains range bound. Watch as the greenback and gold approach for a kiss. Will they reverse or will they cross?
A failed setup in POT followed by a long, very tight, narrow range chop finally succumbed to weakness in...
Amgen Inc. (Public, NASDAQ: AMGN)Dec 15, 2009
AMGN daily had a nice setup today with respect to the 50-day MA. Often when price gets sandwiched between a couple of key MAs on the daily, it will ping-pong between them. Today AMGN broke down from the 50-day MA and moved toward the 200-day MA with...
Day Trade - First Solar, Inc. (Public, NASDAQ:FSLR)Dec 14, 2009
Last night we said FSLR was setting up a bullish flag. Today it broke out on good volume. Price stalled at $140.00 round number, but there's still a long way to go to fill the gap, so we'll be watching for follow up trades this week. CSIQ also BO of...
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