Author Archive
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And The Beat Goes On
Posted by downtowntrader on January 30th, 2012 at 12:17 am, Comments: 0While the S&P500 ($SPY) and Dow ($DIA) ended the week near unchanged, the Nasdaq 100 ($QQQ) ripped to new multi year highs. The market is [...]
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Topping Tails Abound
Posted by downtowntrader on January 3rd, 2012 at 11:32 pm, Comments: 0Well, the market kicked off the new year with a strong gap up higher, but the close left much to be desired. $SPY, $DIA and [...]
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Hello 2012
Posted by downtowntrader on January 3rd, 2012 at 12:13 am, Comments: 02011 was certainly a pretty tricky year and as we get ready to kickoff the 2012 trading year, it only seems fitting that the market [...]
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Google Long Term Charts Look Fantastic
Posted by downtowntrader on December 12th, 2011 at 11:19 pm, Comments: 0I was browsing through some long term charts tonight and I was surprised at how good the weekly and monthly charts for Google, Inc. (Nasdaq:GOOG) [...]
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Trader Beware
Posted by downtowntrader on October 4th, 2011 at 1:07 am, Comments: 0The S&P500 traded to new 52 week lows today, possibly beginning a new leg down. There is a possibility that the markets attempt a double [...]
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I’m a Flip Flopper
Posted by downtowntrader on September 27th, 2011 at 9:55 pm, Comments: 0I mentioned on Stocktwits a few days ago that Netflix, Inc. (Public, NASDAQ:NFLX) may be ready for a dead cat bounce worth trading. I did [...]
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Just Ear Muff It
Posted by downtowntrader on September 8th, 2011 at 10:15 am, Comments: 0In the movie Old School, Vince Vaughn’s character (Beanie) would often tell his son to “ear muff it” before he would say something inappropriate. While [...]
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What Capitulation Looks Like
Posted by downtowntrader on August 24th, 2011 at 11:55 am, Comments: 0I mentioned the idea of the market capitulating on 8/9 on twitter recently, and I thought it may be a good idea to look at [...]
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Now What?
Posted by downtowntrader on August 16th, 2011 at 12:23 am, Comments: 0Looks like I missed quite a week while on my Hollywood vacation. I was on an airplane for Tuesdays craziness and then only participated in [...]
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Oversold, but not ripe yet
Posted by downtowntrader on August 2nd, 2011 at 12:11 am, Comments: 0I’ve been gradually adding a few longs over the past few days as the markets continue to get oversold, but I have to admit that [...]
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Joey Fundora is a private trader who has been trading for over 8 years. Joey specializes in discretionary swing trading of stocks almost exclusively through the use of technical analysis. (More) -
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