I mentioned the Q's last night and the intraday ascending triangle. Finally, volume looks right for this formation. Volume should decline into the apex and as you can see on this 30-min chart, that is happening. ... Go to Full Article

Not to ignore the rest of the market, I'm just using the NASDAQ as a proxy for now. We'll look at some other averages this weekend. The last post on the NASDAQ was supposed to be released around 10 am today, I got totally sidetracked. ... Go to Full Article

*Note-this is from pre market-10am 10/30, never got a chance to post it Remember what I said yesterday about the market's reaction to FOMC meetings. This am (and I'll have more to say on this later) we see a couple of things. ... Go to Full Article

often come fast moves in the opposite direction. Be very careful here. Go to Full Article

While the Qs battle with reistance near 33.00, the market has held the gains for the week very well and a pattern of higher lows (on the 10 minute timeframe) has emerged. The primary trend remains lower and the daily timeframe is still ... Go to Full Article

It is easier to rob by setting up a bank than by holding up a bank clerk. ~Bertolt Brecht. Go to Full Article

If you are a trader, you do not want your name on THIS LIST BTW, I am considering putting all intraday updates in the bonus section of the book site next week, which means you will need the username and password in the book to access. Go to Full Article

Be careful. Go to Full Article

Although I don't think the market has digested gains long enough, we have to be prepared for the possibility that the market may continue higher without further consolidation, leaving the unprepared participants in a position to chase ... Go to Full Article

2347 advancing stocks 667 declining stocks The market holds up well and it just broke back above daily VWAP and the neckline of an inverted H&S pattern. Let's see if the VWAP/neckline acts as support. BTW, I am considering putting all ... Go to Full Article

Stem cell company's engage in research methods which some people find to be objectionable. President Bush has been one of the largest critics of their methods and has taken the extreme action of vetoing Federal funding for embryonic ... Go to Full Article

The chart below shows the Daily and 30 minute timeframes for the Qs. The area shaded in yellow is magnified with 30 minute data on the inset chart. This rally is still within the confines of a bear market so all long plays should be ... Go to Full Article

is acting as resistance for the Qs as trading remains very choppy. Perhaps we need to consolidate Tuesday's move more before another rally attempt. Go to Full Article

Traders Magazine discusses our new Supplemental Liquidity Providers pilot program. Excerpt:. These so-called supplemental liquidity providers (SLPs) must maintain a bid or an offer at the national best bid or offer in their assigned ... Go to Full Article

Time to recycle repayments back into the system as four new loans come into play. If you would like to contribute please join my newsletter - your first months payment after the free trial period is given to a KIVA project. ... Go to Full Article