Charttrader.com - Stock News

2009
October 30	The markets rallied yesterday on the heals of the positive Q3 GDP number.


October 30	CEC- We are long this one from $25.25. You can never go wrong taking a profit, and we are selling right here at 29.15, for a 2 day profit of 15.4%!


October 30	With it being a Friday, there are no earnings announcements scheduled for after the close today. Here is the calendar for Monday, before the open.


October 30	We had thought there would be some end of month follow through buying this morning, but the weak consumer confidence data took away any chance of that.


October 29	The markets sold off yesterday, but did so in some what of an orderly fashion. The S&P closed right in the area of some support around 1040-1042


October 29	We called for buying the early pull back this morning, and that turned out to be the right trade as markets are up 2% across the board.


October 28	CEC- We are buying shares of CEC right here at $25.25, ahead of their EPS announcement after the close today


October 27	The markets traded lower again yesterday. They also showed how vulnerable they are to pulling back as we had opened the morning and were up 100 points on the Dow


October 27	CRS-We are short from $21.25, and covering right here at 22.25 for a loss of $1.00


October 27	ARW-We are shorting shares of ARW right here in the $27.70 area ahead of their earnings report tomorrow.


October 26	The markets traded lower on Friday, however, they managed to hold key support areas and close right around 1080 on the S&P


October 26	We have seen the markets make a major reversal this morning


October 26	CRS-We are shorting shares of CRS right here at $21.25 ahead of the companies earnings release tomorrow morning


October 23	The markets tested support levels yesterday, and after holding support and trading sideways for a few hours, buy interest returned, sending the markets higher


October 23	Although the markets have been weak all day, they have once again hugged support levels in the 1080 area on the S&P and held


October 21	After opening practically unchanged, the markets sold off a bit, however did so in an orderly fashion


October 20	Once again, buying the early pull back worked, as the markets moved higher to close near their highs for the day.


April 07	Although we closed lower yesterday, the markets once again rallied off of their lows. We seem to be in a sideways trade, with the markets trying to decide which way they want to go.


April 06	The markets managed to close slightly higher on Friday, in what was a fairly calm day compared to recent volatility.


April 03	The markets saw a follow through rally yesterday, led by short covering and some hope that things are getting better

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