Short-term traders exit long position on a RED Daily “Trade Triangle” @ $1,375.85 today and remain neutral for now. This short-term trade produced a Loss of $10.17 an ounce.
Intermediate and long-term traders hold long positions.
If you are not yet a member of MarketClub see what you are missing with our 30 Day Risk Free trial and receive 3 valuable bonuses just for giving us a try.
On the 10th of December we posted on this blog about the "silly season" and what it means to the markets and to traders. We also put up a poll asking the following question:How will you be spending this "silly season"?
I'm happy to say we had over 700 votes and lots of comments. It was gratifying to see that 51% of the folks elected to spend time on the sidelines and enjoy life during this time.
Continue reading "I am officially ready for "Silly Season," are you?"
There's no question about it, 2010 has been pretty difficult for most traders in the crude oil market. This year has produced no discernible, lasting trends in this market. The trends it has produced have lasted little more than just 3 or 4 weeks at best.
So what's ahead for this market?
In today's short video we examine the fact that crude oil briefly traded over $90 a barrel before falling back. So what made the crude oil market reverse course and fall back? Was it selling, was it profit taking, a technical point, or something else? Continue reading "What's ahead for crude oil?"
Here is an interesting little stock that could get a lot bigger
Here's a little something to consider: the next big battle between Google and Apple in the smart phone arena could very well be voice recognition.
Two weeks ago Google purchased Phonetic Arts who develop speech synthesis technology designed to improve the quality of spoken language. They purchased it to basically beef up their Android OS for smart phones.
Continue reading "This little stock could get a lot bigger"
Short-term traders went long on a GREEN Daily “Trade Triangle” @ $1,372.77 today.
Intermediate and long-term traders continue to remain in long positions.
If you are not yet a member of MarketClub see what you are missing with our 30 Day Risk Free trial and receive 3 valuable bonuses just for giving us a try.
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