April 13th, 2010

The DOW is flirting with 11,000 mark.

The market creeped up the last few weeks in low volume.

I am very curious what will happened after the April 15th.

April 12th, 2010

The market had hit 11,000 mark.

The SPY is very close to 120. Will the market continue to breakout or it will fail for a false breakout?

Don't forget to do your taxes. The deadline is April 15th.

April 9th, 2010

The market is hitting a major psychological resistance level for DOW at 11,000 and S&P 500 at 1200.

More and more upgrades on individual stocks lately. Is this a contradiction of the move in the future?

April 8th, 2010

For the last couple days, the market had been traded in the negative territory.

There are some stocks are breaking down.

POT, RIMM, most defense stocks

April 7th, 2010

Today and yesterday opening actions are almost the same.

Opened down slightly and closed the gap.

The way I am seeing right now, the market is way overbought and have trouble to continue to go higher. It might do one more short squeeze.

April 6th, 2010

Great college basketball game last night.

The market is still going up higher in low volume.
You are started to see lots of analysts upgraded their targets on some stocks.

The VIX and VXN 13 day moving average is about to head back up.

April 5th, 2010

I'm back.

The market is continuing heading higher in low volume.

The DOW will probably restest 11, 000.
The USO broke out.
The U.S dollar currency restested it broke out point.
The VIX is holding its support