Archive for October, 2006

Mixed Market in the ETFs

Thursday, October 26th, 2006

 

At the start, money is moving into diverse markets.

Initial Strength is Met with Selling

Thursday, October 26th, 2006

 

Buyers came in following Exxon’s earnings report. But, sellers came in following the up opening in equities.
In the quote window, each of the symbols details the last price and change for the day. The two studies, the relative strength index (RSI) and the moving average convergence/divergence (MACD) and its 9-period average (MACDA or Signal Line) […]

TradeFlow Trading Action Ahead of the FOMC Meeting

Wednesday, October 25th, 2006

TradeFlow is CQG’s innovative charting style that is color coded to track traded volume at the ask price versus bid price. The high and the low of the TradeFlow bar is the best bid and ask prices. The TradeFlow bar is colored green for the percentage of volume at the ask price (buying) and red […]

Tech and Energy Leading the ETFs

Wednesday, October 25th, 2006

 

At the start, money is moving into technology and energy.

Mixed Start Ahead of FOMC Meeting

Wednesday, October 25th, 2006

 

Early morning trading is mixed, but technology is up, and that is a positive sign.
In the quote window, each of the symbols details the last price and change for the day. The two studies, the relative strength index (RSI) and the moving average convergence/divergence (MACD) and its 9-period average (MACDA or Signal Line) are based […]

Trending Action and Trading Range with TradeFlow

Tuesday, October 24th, 2006

TradeFlow is CQG’s innovative charting style that is color coded to track traded volume at the ask price versus bid price. The high and the low of the TradeFlow bar is the best bid and ask prices. The TradeFlow bar is colored green for the percentage of volume at the ask price (buying) and red […]

Money Moving Into Energy and Basic Materials

Tuesday, October 24th, 2006

 

Energy and basic materials are attracting buyers today.

Slightly Weak Start at the Opening

Tuesday, October 24th, 2006

 

Early morning trading is a little weak and within yesterday’s range. Technology is weighing on the market.
In the quote window, each of the symbols details the last price and change for the day. The two studies, the relative strength index (RSI) and the moving average convergence/divergence (MACD) and its 9-period average (MACDA or Signal Line) […]

Buyers are Stepping In

Monday, October 23rd, 2006

New highs for the Dow Jones Industrial Average!In the quote window, each of the symbols details the last price and change for the day. The two studies, the relative strength index (RSI) and the moving average convergence/divergence (MACD) and its 9-period average (MACDA or Signal Line) are based 15-minute bars.
The RSI readings for the top […]

Money Moving Into Retail ETFs

Monday, October 23rd, 2006

A positive sign for the market is money is moving into retails ETFs. That is a vote of confidence for the economy, at least for today.

Thom Hartle’s View of Trading and the Financial Markets