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General Market Trends: Rally On, Dude!
April 2009 was the best month that Wall Street has seen in nine years. The Standard & Poor’s 500 index increased by 9.39%, it’s best performance since March of 2000 – the Internet bubble era. The Dow-30 index rose by 7.35%, and the Nasdaq-100 chiseled out a 12.72% gain.
0 commentsAn Introduction To Index Trading
Discover the exciting world of Index Trading... Share Trading and Index Trading are very often incorrectly thought to be the same thing. The terms ‘Share Trading’ and ‘Index Trading’ are never to be...
5 commentsMarket Action Keeps Traders Glued to Their Computers All Week
The Major market indexes continue to consolidate. Friday ended the week with a bullish, wide-range candlestick bar. This sets up a re-test of a recent high from earlier in this multi-week consolidation.
0 commentsThe Little Pull Back That Could
Remarkable! Not since late 1999, prior to the Internet Bubble bursting, has the Nasdaq Composite Index seen a Bull Run like the one currently underway. The eight consecutive week run was finally given pause this week as the Nasdaq Composite slowed momentarily to catch its breath.
0 commentsMarket Trends: Happy is as Happy Does
Does the overall market queue off the NASDAQ? That’s the question of the week. This week’s price action gave us penetration of overhead resistance in all indexes; however, one index stood out – the NASDAQ Composite. The NASDAQ continues to lead the run into higher ground, finishing the week registering an uptrend across the board on the daily charts. The Long-term Trend for the NASDAQ daily has now turned green.
0 commentsGeneral Market Trends: Testing Support
Hesitation Beneath the Void: last week’s hesitation gave birth to this week’s pullback. Markets do not continually move in one direction. Even in trending markets, it is common to see a series of days move against the trend. These counter-trend moves are considered both normal and healthy in a trending market. A trend reversal happens when one of these counter-trend tests of support or resistance fails.
1 commentGeneral Market Trends: Mixed Signals or Simply Bullish?
I had predicted a pullback during this week’s trading. Well, it happened – sort of. Monday brought a general market tumble across all four major market indexes tracked in my General Market Trend indicator. However, the markets battled back the balance of the week. True, 3 of the 4 markets I track for this column had a down week, but the NASDAQ-100 turned in a stellar performance.
2 commentsWorld Stock Market Indexes
Information about world stock market indexes World Major Market Indices ( stock exchanges ) At A Glance ( Auto Update ) U. KINGDOM | Jan 4 6,348.50 130.90 ...
0 commentsForex Demo & Forex Robot Trading
Have you ever considered using forex demo accounts to learn the basics of forex trading? To many professional forex traders, a forex demo account is indispensable in training and self-education even after...
0 commentsMoney Market All About Forex Trends
Here wi'll talk about money market and about forex trends. First let's talk about making decisions in the beginning .Before you become comfortable with the process of trading you need to stay away from...
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