Trading with the NYSE Tick
0
Read More
Market Theory
The market is simple, supply versus demand, the balance of greed and fear is how price is determined The market is ALWAYS right Trade with the market momentum The market continually retraces Old support acts as new resistance & old resistance acts as new support Always sell what shows you a loss and keep what shows you a profit One trade won’t make you, but can surely break you There will ALWAYS be another trade The prepared trader has the…
What does NASDAQ stand for?
Run by the National Association of Securities Dealers now acquired by the AMEX, the National Association of Security Dealers Automated Quotations (Nasdaq) began trading on February 9, 1971, as the world’s first electronic stock market. Today it is the largest electronic stock market with more than 3,000 companies listed. The Nasdaq, National Association of Securities Dealers Automated Quotations has the largest trading volume than any other US exchange, trading approximately 1.8 billion shares per day. The exchange trades a variety…
Week 41 Analysis
News for the week… Alcoa (AA) kicked off earnings season last Thursday so expect a moving market over the next few weeks. Nothing on the news docket for the first three days of the week so we are expecting a continuation of the current trend. The VIX dropped significantly today breaking into the teens. As the saying goes, when the VIX is low lookout below. This also makes it a good time for option buyers as premiums decline. As always,…
Week 40 Analysis
News for the week… Pending Home Sales to kick off this week’s news announcements should provide a great environment for intraday trading. What we will be watching for this week is a break and close outside of this past week’s consolidation. Here are some things to keep in mind in your trading. – More is better than less – Sooner is better than later – Always take a little bit less sooner When you have a profit, you CANNOT, let…
- 1
- 2