Nasdaq Is The Big Winner For May This week the major stock indices ended higher as oil dipped and the dollar rose. The Dow was up 1.27% for the week, the S&P 500 was up 1.78% and the biggest gainer, the Nasdaq, was up 3.19%. In May things ended differently, ... Go to Full Article

A Short-Term Warning For Gold Bugs Sentiment models are flashing caution for gold again. The Commitment of Traders data chart below shows the large speculator (hedge fund) net position in gold bullion, readings are moving into the crowded long zone despite the recent ... Go to Full Article

Active morning I didn't manage it well, over traded, got focused too much on 10sec chart movements and miss big picture. First I short in strong down move just when it stop, I was -15 instant. So, I was happy to run out around b/e plus some. ... Go to Full Article

Sunday chart scanning summary I did not have a chance to trade for the past week. My day job is getting ridiculously busy. Most of time, I miss out Asian, London session totally. Well, it happens sometime. Next Saturday, I will be flying to Malaysia for a 2-week ... Go to Full Article

Forex Trading: USD/CAD ranging as well, with Oil relatively ... USD/CAD ranging as well, with Oil relatively unchanged. It's down a little for the day thus far, about -.80 @ 126.54 indicatively. Go to Full Article

Forex Trading: USD/JPY leading USD a little lower as the JPY ... USD/JPY leading USD a little lower as the JPY crosses take it down. GBP/JPY saw a nice follow through which got enough JPY paid it seems to take down USD/JPY. Go to Full Article

Forex Trading: USD/CHF rather range bound as it lags USD/JPY... USD/CHF rather range bound as it lags USD/JPY. We are getting a little bounce from the support shown and techs at this point favour perhaps the top of the range. Go to Full Article

Forex Trading: GBP/JPY can't find a bid in the whole market as GBP ... GBP/JPY can't find a bid in the whole market as GBP is offered & JPY paid across the board. Go to Full Article

Forex Trading: Sterling getting a nice bounce from the 80's but ... Sterling getting a nice bounce from the 80's but strongly offered from the teens and was offered thereafter. Cable has just gotten crushed this evening, having been a gap open & rumours of some sort of mortgage related write...

Forex Trading: JPY crosses looking offered early in London... JPY crosses looking offered early in London. EUR/JPY & GBP/JPY seem to be getting a little offer here as London comes in. Go to Full Article

US Economy Caught In Purple Haze With the economy caught somewhere in the purple haze between recession and anemic growth, many market prognosticators have been making the case that the worst is behind us. With respect to the credit crisis, I do think that with the ... Go to Full Article

Potential stock ideas to watch for this week from Gracecheng.com. --Dave *** Hot Stocks For Next Week Chart courtesy of stockcharts ( click to enlarge ). (RFMD: 4.00 +0.21 +5.54%) - The stock broke consolidation resistance with heavy volume. The technical chart shows buyers are...

A Decline in Net Oil Exports From the Top 15 Oil Producing Nations Yesterday the front page of the WSJ had a very interesting article on oil exports, the article discusses how the total output from the top 15 oil producing countries has been decreasing for a variety of reasons. ... Go to...

Buying on dips, or Why does this darn stock keep going down? There are two stocks in my Income Portfolio for this site that have me completely baffled. Their stock prices continue to erode and I am at a loss to find a good reason. These two point out some of the challenges of investing in...

02 June Probability Studies The Greenback’s broad based rebound is still in play. The BoE and ECB will decide on rates this week and on Friday we have the US Unemployment Figure. Therefore, any data from either the US or Euroland will be significant this week ... Go to Full Article