April 3, 2006 Stock Market Recap

“Failed rally” sums up today’s action nicely. Early in the day the Nasdaq’s negative advance decline line was a big warning sign for me. That combined with the fact that I hate chasing those early morning rallies made me quit for the day before I ever got started. I was also a little concerned about [...]

Watchlist for April 3, 2006

Here are this morning’s gappers… Potential swing trades:

Charts of the Indices

I have to take my car to the shop in the morning so I doubt that I’ll be able to do a watchlist tomorrow before the opening bell. Below is a look at the chart of the major indices. All three are hovering around their breakout support levels. Given the recent increase in bullishness it [...]

My 3rd Blogiversary…

I can’t believe it’s now been three years since I started this weblog. I was just looking at my 1st blogiversary post and was amazed at how much my site has grown since then. Here are the stats for the site at the end of year 1: 25,100 visits since April 8, 2003. 410 entries. [...]