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Archive for August, 2008

$COMP, SPWR, FSLR, ENER

Thursday, August 28th, 2008

A big day in the market today, but most of the leading stocks were missing volume on this move.  Today, the market was really led by the strength in the financial stocks.  I suspect that tomorrow will have more light volume as we head into the Labor Day weekend.  Let’s look at the NASDAQ.

The NASDAQ [...]

Volume

Tuesday, August 26th, 2008

I have been getting lots of emails about volume lately.  Here is a great except I read from one on the market commentators I follow.  His name is Paul Nolte and here is what he had to say yesterday. 
With trading volumes now near those of the Christmas/New Year’s holiday lows, it is hard to put [...]

RIMM, AAPL, SPWR

Sunday, August 24th, 2008

Here are some nice set-ups for next week.

(RIMM: 44.78 +0.631) looks pretty good right now.  The stock has based from about $125-$135 since the beginning of August.  This stock is just lifting from its 50 day moving average and is setting up for a breakout – notice the declining volume in this recent basing action.  [...]

Thursday Notes

Thursday, August 21st, 2008

First, thank you for the kind emails and support of the website.  In almost every case people realize that this blog takes a lot of time and effort.  So, once again thanks. 
Here are some of my notes for the day:
(ILMN: 44.61 -0.15) – selling volume picked up on this stock today.  Please be very careful [...]

Announcement

Wednesday, August 20th, 2008

I am going to post less than I usually do going forward.  I have been posting about 5 times a week for the last few months.  I am going to start by taking tonight off, but I will leave you with one nugget from the trading day.
Take a look at the solars, they came alive [...]