8/29/2008
Day trading Technical Analysis:
The Dow again ended below its weekly 200ma which is around 11,700. The Dow and the S&P put in a stellar performance this week which both indexes back tested there trend line making higher highs. Volume was extremely light with most of Wall Street on vacation. Let’s see what next week [...]
Archive for August, 2008
29 Aug
Day Trading Technical Analysis
28 Aug
Buy the rumor-Sell the news
Did you ever wonder why a company reports great earnings and the stock sells off? Well the old Wall Street adage “buy the rumor, sell the news” probably applies.
The saying refers to the fact that the stock market is a discounting mechanism. In other words the market tends to react to anticipated future events rather [...]
26 Aug
Trading in the Dog days of Summer…
Are you trying to keep busy as we plow through the dog days of summer? You are not alone. As it turns out we have been very fortunate this year in term of intra day volume and volatility. Up until this week, the last week of August, the summer has been full of news that [...]
25 Aug
How Keystone Differs from The Rest?
A question that i am asked quite often is what makes Keystone different from the other firms out there?
This is actually a good question and one that I never mind answering. Both Pete and I have had the experience of trading at other firms before we began Keystone. (Andover, All-tech, Domestic Securities, E-trade, just to [...]
25 Aug
day trading with a trend filter
One of the most common reasons for day trading is volatility. This volatility is what produces opportunity. The shorter the time frame for a day trader the more trades that will present themselves. The reason for this is simple, the shorter the trend the more often the trend will change.
Think about it, a five minute [...]
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