Many traders out there (including myself) use the benchmark Dow Jones Industrial Average as a measure of how the market is doing at any given...
The deal closed yesterday with shareholder approval. It's done. Not good for the GW shareholders who did not do their homework, but it is done.
This is one from the âWhen you think youâve seen it all, you really havenâtâ file. Precision Drilling (PDS) has had an offer on the table...
One of the leading discussions around trading rooms nation-wide was the sudden advance in oil Monday morning. Except of course that was no decline...
Last week (Monday and Tuesday), the Dow Jones Industrial Average had its first two days of back-to-back double digit moves since mid-September. It...
When the stock got to unchanged at 8.20 around 10:10AM after being down, I bought it. it could not go down on the bad news so I went long at that...
One MAJOR correction...on the RIG, it should have read..."looking to BUY thru 37.90..."totally totally totally my fault and I apologize; I hope...
One knows the old saw âa watched pot never boils.â Well, that is the same thing with the stock market. And guess what? It inevitably works...
Any person who has even a rudimentary understanding of economics much less the markets has come to know the phrase ârisk-reward ratio.â But...
I appreciate the heads-up, but my point remains the same- this is a board in which we should all try to learn from one another. I do not know...
If you don't want to read what I have to say, do not read it. I have been asked to make these posts by many people; I reluctantly agreed to do so...
Not so long ago, markets were paralyzed whenever a certain âeventâ occurred- (cue âTwilight Zoneâ music): The Fed meeting. Even yesterday,...
Many of today's day traders do indeed trade futures in particular. But a very significant number are trading equities. Furthermore,...
There was a very curious article amid all the gloom; the piece appeared on Yahoo Finance via CNBC on Thursday mid-morning:...
A rather interesting thing that is gaining traction since the presidential election is the exodus of companies from such places as Bermuda to...
I really do not know...I do a blueprint of the day, but then truly focus on trades which last 1-3 minutes. For now, I am watching the market...
This is what I wrote: "Most notably is that it will be rumor-driven. Prices are likely to stage a small rally mid-morning as shorts take in...
Sorry...GM Preferred is GPM...not GMH. Been a long night of homework and preperation.
I alway trade what I see; it is just that I try to set a bit of a framework for myself going in; for instance, I shorted that GPM early this...
There have been two major developments overnight which have rocked Wall Street. Shortly after the close yesterday, it was announced that Bernard...
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