Let It Go and Come Back Refreshed.
December 21, 2009 by ingrid_mueller
As I prepare to leave on Holiday I am switching gears and putting all things trading aside. Enjoying the wonders of nature is my focus for the next few weeks. Read more
GLD-Gold ETF
December 16, 2009 by ingrid_mueller
For the past 5 days, GLD has tested support of 110. Today it moved up $1.38 with a closing price of 111.59. It has triggered and confirmed long.
Exxon Mobile Buys XTO
December 14, 2009 by ingrid_mueller
The news was released today that Exxon Mobile will buy XTO Energy Inc., one of the leading oil and gas companies. XTO gapped up $7.02 at the open in response to the news. It is important to note that it is generally the company being bought that moves on the news not the company doing the buying.
Testimonial on FFIV trade
December 11, 2009 by ingrid_mueller
This morning I recieved this testimonial from Gary W. who completed the class last month.
Eight days later.
Stock up 5.31%
Option up 43.24%
RIMM
December 10, 2009 by ingrid_mueller
RIMM moved out of its’ channel, broke through 62 resistance and realized a $4 gain in two days. Now sitting at 65 resistance.
FFIV Looking Rather Bullish
December 9, 2009 by ingrid_mueller
FFIV recently showed a nice double bottom on prices as well as on the Williams % R. It closed above 50 on Friday and continued up on Monday’s trading. A round number of 50 is an important psychological number. Read more
GLD-SPDR Gold Trust ETF
December 7, 2009 by ingrid_mueller
GLD has made a nice run up. Having moved out of its’ October channel on November 3, cleared 105 resistance and then steadily marched up. We also saw Williams %R give a nice double bottom trigger. Read more
Trading Bias Neutral
December 7, 2009 by ingrid_mueller
Our Trading Bias is NEUTRAL. The Big Three index charts continue to bump up against overhead price resistance. resulting in a channel pattern. Read more
Aeropostale (ARO) and Situational Awareness
December 3, 2009 by ingrid_mueller
This morning before market open we saw a clear trend reversal pattern on ARO.The plan was to enter long should the broad market and ARO move up. Read more