Price Momentum Continues Higher as Volume Surges

by | Sep 15, 2009

Positive news regarding retail sales and a surprise tick higher in Empire manufacturing helped set a positive tone for the market.  It was another session where stocks were under heavy accumulation.  Price gains weren’t overwhelming, but the amount of volume...

Volume Slides as Intraday Bounce Gives Stocks a Boost

by | Sep 14, 2009

News a trade war between the United States and China brewed as the United States slapped new tariffs on Chinese tires.  Global stocks did not act well as many sold off prior to the US exchanges began trading.  As the futures indicated stocks opened lower while volume...

Stocks Bounce Higher in Lighter Trade

by | Sep 3, 2009

top longs UP today w/ TOTAL returns since 1ST purchase: CLRT 48% CISG 26% FUQI 41% RINO 8% PTI 73% TEN 57% CAAS 20% CAMP 91% DAN 181% FIRE 115% ATSG 136% OPK 31% OMN 38% AEPI 37% AFFX 36% CAR 75% OGXI 49% VOCL 57% VIT 54% SOA 66% KONG 110% VRTU 21% Coming from...

Wall Street Fails to Rebound as Volume Falls

by | Sep 2, 2009

Wednesday’s action lacked buying support as stocks were unable to find any sign of support as the major indexes finish in the red.  ADP report showed a larger than expected drop in the number jobs sending a sour taste in trader’s mouths and kept buyers on...