market comments
Market Comments Submitted by Nick at Ambitions as a Stock Trader
Friday, August 31st, 2007Submitted by My Ambitions as a Trader and Investor
New Buys: BW
Reasons behind trade: BW seems to be coming off of a double bottom formation. It has shown consistant support at 35 where it had begun its positive reversal. The stock has recently climbed above its 200 day MA and has shown support above this level.
BW
My […]
Market Comments Submitted by Nick at Ambitions as a Stock Trader
Thursday, August 30th, 2007Submitted by My Ambitions as a Trader and Investor
Laterally Trending Market…
The current market conditions that we have been experiencing are quite possibly the most difficult to trade in. Laterally (or sideways) trending markets do not provide rewarding opportunities for both longs or shorts. Instead, they are filled with traps that can easily drain ones […]
Market Comments
Tuesday, August 28th, 2007Submitted by My Ambitions as a Trader and Investor
Lazy Monday
There is only one word that can accurately describe todays market action. And that single word is…..BORING! Maybe it was the lack of volume or interesting trading action or something else. Regardless, todays tepid action is a wonderful reminder that the traders and institutional investors […]
Market Comments Submitted by Nick at Ambitions as a Stock Trader
Monday, August 27th, 2007Submitted by My Ambitions as a Trader and Investor
Laterally Trending Market…
The current market conditions that we have been experiencing are quite possibly the most difficult to trade in. Laterally (or sideways) trending markets do not provide rewarding opportunities for both longs or shorts. Instead, they are filled with traps that can easily drain ones […]
Market Comments Submitted by Nick at Ambitions as a Stock Trader
Friday, August 17th, 2007Submitted by My Ambitions as a Trader and Investor
Oversold Bounce…so What’s Next?
Today’s oversold bounce should have been obvious. Fund managers and institutional investors can’t keep their hands off of a good deal and the street was definitely littered with them after the past two weeks volatile downward spiral. On top of all that, the markets […]
Knobias ClipReport (8-17-2007)
Friday, August 17th, 2007Submitted from Knobias ClipReport
The overall market looked weak again as more signs of trouble in the housing, mortgage, and credit industries surfaced. Countrywide Financial noted that they were tapping into an $11.5 billion line of credit to shore up its business. Global markets also took hits as worldwide concerns of credit have spread. The Commerce […]
Market Comments Submitted by Nick at Ambitions as a Stock Trader
Thursday, August 16th, 2007Submitted by My Ambitions as a Trader and Investor
Trade Journal
Short Positions Working Just Fine… Some of the short positions that I have initiated a few weeks ago are starting to show me decent gains. On the flip side, my remaining long positions are continuing to lag even more. I may have to liquidate […]
Knobias ClipReport (8-16-2007)
Thursday, August 16th, 2007Submitted from Knobias ClipReport
Networking sites have become extremely popular over the past few years. While younger consumers groups have begun an ever increasing thirst of knowledge of technology, software, and the internet, the popularity of these sites have blossomed causing the business world to take notice.
With News Corp’s acquisition of Myspace.com nearly two years […]
Knobias ClipReport (8-15-2007)
Wednesday, August 15th, 2007Submitted from Knobias ClipReport
Volatility was the name of the game again as reports circulated of liquidity problems surrounding Sentinel Management Group. Weak reports from Wal-Mart and Home Depot also caused concern regarding consumer health.
One of the only positives of the day was the IPO of VMware Inc. which saw the software spinoff climb more […]
Market Comments Submitted by Nick at Ambitions as a Stock Trader
Monday, August 13th, 2007Submitted by My Ambitions as a Trader and Investor
Trade Journal
Market Comments: Despite the overall market indices weakness, many of my holdings held up well. The problem with subprime is not a new one, but quite frankly, its one that I’ve becoming sick of hearing.
New Buys:
Add Ons: VII, CVGW
Sell Profit:
Sell Loss:
Futures: Short Dow, NASDAQ, S&P […]
Market Comments by Nick at Ambitions as a Stock Trader
Thursday, August 9th, 2007Submitted by My Ambitions as a Trader and Investor
…I still have many stocks doing well and others not doing so well. This is not usually a positive thing. Still, I have to work with the trend that the market gives me. I have already closed my mini futures for a slight profit/break even. I should […]
Market Comments Submitted by Nick at Ambitions as a Stock Trader
Tuesday, August 7th, 2007Submitted by My Ambitions as a Trader and Investor
Nice Up Day…
Today was a strong up day. Unfortunatly for me, most of my new trade picks faltered pretty badly. The bounce that I was expecting in VCO and CU never happened. Even my micro-cap plays seemed to not want to participate in todays rally. What’s […]
