sector trading

Gold breaks out, while India maintains its relative strength

deronwagner — Thu, 12 Feb 2009 07:24:06 -0500

Stocks feebly attempted to rebound from Tuesday's nasty decline, causing the major indices to finish modestly in positive territory yesterday. read more »

Watching for short-term momentum play in U.S. Oil Fund (USO)

deronwagner — Mon, 09 Feb 2009 07:23:09 -0500

The Nasdaq Composite's move above its 50-day moving average last Thursday sparked another wave of buying that enabled the major indices to finish the week with solid gains. read more »

Silver and Gold ETFs...locked and loaded

deronwagner — Fri, 23 Jan 2009 07:45:05 -0500

Maintaining its recent pattern of erratic and whippy trading, the stock market surrendered a substantial portion of the previous day's gains. read more »

Waiting for resolution

deronwagner — Thu, 22 Jan 2009 08:50:38 -0500

Reversing the previous day's precipitous drop in a surprisingly convincing fashion, stocks roared back to life yesterday. read more »

Monitoring the short-term downtrend lines of the S&P and Nasdaq

deronwagner — Wed, 14 Jan 2009 07:20:21 -0500

A tug-of-war between the bulls and bears led to an erratic, indecisive session of trading yesterday. read more »

Stocks in "no man's land" for now. . .

deronwagner — Tue, 13 Jan 2009 08:00:35 -0500

Bearish momentum from last week's losses spilled into the new week, causing the main stock market indexes to move sharply lower and break below key support of their 50-day moving averages. read more »

Will this reversal be different?

deronwagner — Fri, 14 Nov 2008 10:32:24 -0500

It was a wild day on Wall Street yesterday, as the main stock market indexes swung in a massive intraday range of 11% before posting some of their best gains of the year. read more »

Short-term trade setting up in the broad market

deronwagner — Tue, 11 Nov 2008 07:44:58 -0500

Giving back a substantial chunk of last Friday's gains, stocks got off to an uninspiring start to the week. read more »

Stuck in the middle with you

deronwagner — Mon, 10 Nov 2008 08:00:31 -0500

Stocks concluded a bearish week on a positive note last Friday, as the major indices gapped higher on the open, then bobbed and weaved in a sideways range throughout the trading session. read more »

Volatility finally settling down a bit

deronwagner — Fri, 31 Oct 2008 08:50:47 -0400

Ignoring the swift sell-off into the previous day's close, the major indices opened several percent higher, then traded in a relatively narrow, sideways range throughout the entire day. read more »