Fear and Panic Take Hold of Wall Street as Stocks

Fear and Panic Take Hold of Wall Street as Stocks

by | Oct 29, 2009

Same story again on the Street Wednesday as stocks were sold off in panic fashion as fear over housing and the overall recovery continue to take hold.  If you haven’t been on the sidelines watching with cash like many of us you have enjoyed seeing your stocks...

Weakness Spreads as Buyers Stand Aside

by | Oct 27, 2009

Earnings season has been a rough time for stocks and Tuesday’s session was another reminder expectations remain too high.  The market got a big hit from an unexpected fall in Consumer Confidence with a reading below 50.  It was the first time since July the...
Dollar Rallies as Stocks Fall on Mixed Volume

Dollar Rallies as Stocks Fall on Mixed Volume

by | Oct 26, 2009

Stocks enjoyed an early morning jolt only to see those gains evaporate in a hurry.  Rumors swirled about a possible downgrade of one major bank sent traders to the exits and stocks never recovered.  Volume zoomed higher on the NYSE but remaind tame on the NASDAQ. ...

Keeping You Updated On A Busy Month For Me

by | Oct 25, 2009

The market is in an uptrend and longs are still working but there are some flaws showing up in the forms of distribution days, short scans increasing in size, and some failures by some past leaders. Make sure to take profits if you have not and be very careful with...