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Day trading of financial instruments such as stocks, futures and forex currencies demands quick response to ever changing market conditions. As with any other trading style, in day trading it is more important to preserve your capital from huge losses than to make huge profits from market. A day trader should be aware of […]

Today’s blog post brought to you by MarketClub:
http://www.ino.com/info/264/CD3208/&dp=0&l=0&campaignid=3
It has been a difficult time for gold bugs for the past two months as
gold has been trapped in a broad trading range which made it seem
insulated and immune to all of the financial chaos around it. The action
on Friday the 21st, put all of that in […]

21st Nov, 2008

How low can the Dow go?

Today’s blog post brought to you by MarketClub:
Make no mistake about it, the market action on Wednesday (November 19th) was extremely negative for all of the indices that we track. The close below 8,000 on the DOW can only be described as negative, indicating further weakness to the downside. I am looking for this […]

18th Nov, 2008

What is ahead for Apple?

Today’s blog post brought to you by MarketClub:
I was looking over several charts this past weekend and I was shocked to recognize a chart formation playing out before my very eyes. I’ve seen this same formation a million times before, but I just didn’t want to believe it could be happening to my favorite […]