Momentum Trader Report: 11/30/08

Even with a shortened week, the market had ones of its best weeks ever. The Dow finished the week up 9.7%, the NASDAQ up 10.9%, and the S&P 500 up 12%.

Volume was low for the week though, decreasing each day. This makes the rally suspect. It will be important to see how the market reacts […]

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Momentum Trader Report: 11/26/08

Although it had a slow start, the market added to its gains with day #4 of a rally attempt. Nice gains were seen in many stocks, including recent triggers, but volume for the most part has been low, which puts the staying power of this rally in doubt. However, the price action is looking very […]

Momentum Trader Report: 11/25/08

The market took a bit of a rest from the huge upswing over the last 2 days. The Dow and S&P 500 both closed a little higher, while the NASDAQ lagged, closing lower. This is positive action after a big move, but lower volume on a holiday week makes it a bit suspect.

There was a […]

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