COMMENTARY
Top Current Holdings, Date Of Purchase, And Total Returns
The stock market is under an official Follow-Through Day on the Nasdaq on Wednesday (9/1/10). 8 new longs were taken (all working) and 4 new shorts were taken (all closed out with small losses) this week. current holdings: 26 longs 2 shorts (34% long, less than 1%...
Stocks Tack on Gains as Trade Slows
Another day of gains as price follows up on yesterday's big gains, but trade slows from Wednesday's elevated level. A series of better than expected economic reports helped boost stocks in early trade. Volume began the day lower and finished in the same fashion,...
Stocks Rally on Better Than Expected Economic Reports
NASDAQ confirms a new uptrend on big above average volume Today's action was precisely the action we have been waiting for as stocks exploded higher on big volume as leaders take charge. Futures were pointing to a higher open prior to economic reports being...
August Ends in the Red Closing Taking out Most of July's Gains
Stocks finish off the lows of the session as the market assesses a bickering central bank Better than expected home price data from Case-Shiller, Chicago PMI, and consumer confidence figures help drive the market higher for much of the day. Volume had an advantage as...
Stocks Cough Up Friday's Gains as Trade Slows Significantly
Super Light Trading, but Stocks End at Lows - Cash is still King Following up on Friday's gains the market gave a good chunk of the gains back. The selling really began after the release of the Dallas Federal Reserve manufacturing index fell more than expected. ...
Top Current Holdings And Total Returns
Currently in portfolio: longs: 17 (20-25% of accounts) shorts: 10 (less than 5% of accounts) cash: 75% ticker symbol - date of purchase - total return longs: LCUT 124% 11/2/09 JKS 99% 7/13/10 PWER 29% 7/7/10 RDCM 26% 8/2/10 RES 16% 7/13/10 NR 13% 7/20/10 RDWR 10%...
Stocks Reverse as Fears about GDP Embolden Sellers
A better than expected jobless claims figure did help ignite excitement in the early morning session. But this excitement did not last for very long as buyers simply went to the wayside as GDP revision hangs over the market. Volume ran lower throughout the day and...
More Weak Economic Data but Stocks Stage Reversal
The day began at 8:30 am with weak reading out of durable goods orders sending futures lower. Economic data would get even worse with new home sales plummeting much lower than the flat reading that was expected. At the open, volume and price were both lower across...
Stocks Fall as Housing and Economic Worries Worsen
Another weak session with sellers dropping the hammer on stocks at the end of the trading session. Existing home sales accelerated the selling after its release at 10am EST. The report showed a drop of more than 27% month over month sales figures highlighting...
Stock Market Ends at its Lows of the Day in Light Trading
Melt-up Monday did not disappoint traders in morning trading as stocks pushed to highs around 10am. Unfortunately, weakness crept into the market as buyers seemingly went on strike for the remainder of the day. Summer time trading was in full effect as volume was...
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