gap

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I Am Having A Great Day Today…But What If I Wouldn’t Have….

Remember, ASYS was NEVER a big position. In fact it was very minor, except for my one day order entry mistake, and until I saw someone just now mention it in a chat room I wouldn’t have even known it was destroyed by looking at the total returns in my accounts today. This is an [...]

Stocks Close Slightly Higher, Ending A Week Of Low Volume Gains; Beautiful Charts Still Do Not Exist

Stocks gapped higher off a mixed jobs report. Total jobs for the month came in at the lowest level in two years but the unemployment data dipped to 4.5% from 4.6% and last months numbers were revised up continuing a recent pattern, possibly giving market players a bit of buying power. The gap higher then [...]

Stocks Finish Higher Across The Board But Suffer A Late-Day Selloff; Lower Volume Shows Institutions Are Not Interested

My girlfriends parents arrived on Maui, today, so I spent all day with the family. Therefore, I was not around at all after the closing bell. However, I have reviewed my charts and can honestly say that nothing has changed. The gap up this morning and steady drift all day gave way to a selloff [...]

Ugly Morning Finds Support As Stocks Rally Into The Close.

The market started the day with a nasty gap down on two possible news stories. A big jump (largest since 1974) in Producer Prices for November and a scare over a possible new Asian-market meltdown put a lot of pressure on the indexes. However, bulls remain extremely strong in the face of selling and rallied [...]

Early Morning Fireworks Soon Give Way To A Dull Driftless Day Of Trading.

A gap open in the morning, thanks to some Airline merger news and strong retail sales, soon gave way to some quick selling that took the indexes slightly to the red. After those early morning lows stocks danced around the flat-line area until the final hour when they caught a small bid and managed to [...]

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