Weekly Newsletter   Challenge account   Weekly Newsletter   


Posted by Martin February 02, 2009

Rally attempt is over

The rally attempt ended as soon as it begun last week on Wednesday. We are in correction again.

Posted by Martin January 28, 2009

Market follow-through started a new rally attempt

Or is it another bounce? Today the [tag]market[/tag] entered into another [tag]rally attempt[/tag], fourth in a row. The market rallied on a new [tag]bank[/tag] [tag]bailout[/tag], which I personally do not like. Banks are receiving excessive monetary help, but can any of you experience any improvement? Did your [tag]interest rate[/tag] go down? Would you be able Continue reading →

Posted by Martin January 27, 2009

Is the market looking for a new uptrend?

Is the market looking for a new uptrend?

The [tag]stock market[/tag] seems to be bouncing at the bottom. When looking at the [tag]chart[/tag], the stock market failed two [tag]rally attempt[/tag]s and it seems like it cannot fall through its virtual [tag]support line[/tag]. Is it really a bottom, from which the market would be able to jump up? Or is it just bouncing like Continue reading →

Posted by Martin January 14, 2009

Dow plunged 248 points and ended rally once again

Dow plunged 248 points and ended rally once again

The [tag]stock market[/tag] opened down, continued its downturn all day and counted its sixth [tag]loss[/tag] in a row. Bad [tag]economic data[/tag] slashed the [tag]rally attempt[/tag] to dust. Are we heading below 8000 points? [tag]Dow[/tag] -248.42 -2.94% 8,200.14 [tag]Nasdaq[/tag] -56.82 -3.67% 1,489.64 [tag]S&P[/tag] -29.17 -3.35% 842.62 The last [tag]rally[/tag] was mostly led by weak [tag]stocks[/tag] on Continue reading →

Posted by Martin January 11, 2009

The stock market is growing, but on weak economic data

The [tag]stock market[/tag] has been growing since December 8th, 2008 in a modest pace in spite of bad [tag]economic[/tag] data. Are we really at the bottom of this [tag]crisis[/tag]? [tag]Economists[/tag] say, the [tag]crisis is over[/tag], [tag]stock markets[/tag] are bottoming or turning back up, some [tag]stocks[/tag] are forming their [tag]pattern[/tag]s, but is it really over? Is Continue reading →

Posted by Martin December 11, 2008

A bailout for automakers failed

Senators didn’t pass the [tag]loan[/tag] for automakers tonight, because [tag]UAW[/tag] didn’t accept lowering salaries of employees to the same level as Japanese [tag]automakers[/tag] in the US. The US [tag]manufacturers[/tag] have about $69/hour salary overhead per employee, Japanese producers manufacturing in the US are at about $48/hour level ([tag]Gross salary[/tag] with all [tag]benefits[/tag]). I have only Continue reading →

Posted by Martin December 10, 2008

Stock investing psychology

Stock investing psychology

During my learning period, even today I am experiencing one psychological trap every [tag]investor[/tag] probably went through and every new [tag]beginner investor[/tag] will experience. Some may handle this with a brilliance, some may suffer the similar way I do. I am talking about the psychology during [tag]investing[/tag] into a particular [tag]stock[/tag], which later, after you Continue reading →

Posted by Martin December 08, 2008

A new Rally Attempt in the stock market

A new Rally Attempt in the stock market

Today the [tag]stock market[/tag] provided impressive [tag]gains[/tag], which marked the status as “Rally Attempt”. It seems like the market has found its bottom. It could be a short live attempt however, and it still may fail. Recently the market hasn’t responded to bad news with further drops and it tried to rally three times in Continue reading →

Posted by Martin December 03, 2008

Do not be fooled by today’s rally

Do not be fooled by today's rally

In newspapers or in the internet articles you can read [tag]market[/tag] commentaries which may sometimes look very optimistic and another day very pessimistic. Usually these commentaries are dedicated to that particular [tag]trading[/tag] day. For example when you look at Market Dispatches 12/2/2008 you may get fooled that the market has finally recovered and is in Continue reading →

Posted by Martin December 02, 2008

Automakers want…

“…[tag]Ford[/tag] (F) described Tuesday’s request for a $9 [tag]billion[/tag] government [tag]loan[/tag]. [tag]General Motors[/tag] (