I was asked do a chart of GM which was on fire today on news of a potential alliance with Nissan Motor Co. Ltd (NSANY) and Renault SA (EPA:RNO). Here’s the chart:
Posted by 30 June 2006
June 30, 2006 Stock Market Recap
Given all that could have happened today with it being quarter-end and the Russell rebalancing its indices things were rather quiet. Although volume increased on many indices I think that was all due to the rebalancings. The Russell 2000 had a nice 1.45% gain today thanks to that rebalancing, even if all the gains came [...]
Posted by 30 June 2006
Watchlist for June 30, 2006
If there was ever a day to maintain your discipline today would be it. I think we could see some nutty moves today due to a few things. First, it’s quarter-end so expect the typical mark-up (and down?) games by the fund managers. Second, it’s the last full day of trading before Independence Day so [...]
Posted by 29 June 2006
June 29, 2006 Stock Market Recap
The indices, with the notable exception of the NDX / QQQQ, finally broke out of their recent trading ranges. It was nice to finally get a post-Fed reaction that wasn’t full of violent reversals. Today’s move seems to send a very clear signal: Then again, if I remember correctly, the early January rally happened for [...]
Posted by 29 June 2006
Daily Stock Market Analysis Videos
Brian at Alpha Trends has been providing daily videos of his technical analysis of the market. He does a great job of covering the markets in under 10 minutes. Here’s what he had to say yesterday: There are more market-related videos on YouTube tagged as ‘daytrading‘, ‘forex‘, etc. Unfortunately the more obvious tags like ‘stocks’, [...]
