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Trader Mike

90 Stocks to Watch, A Look at My Current Watchlist

After posting on Amazon's strength last week, I received multiple emails from readers requesting I share my watchlist. So, to take a break from the market recaps, tonight I cleaned up my current watch list and listed out 90 stocks that are worth keeping an eye on!

Original post: 90 Stocks to Watch, A Look...

Market Recap – Rebound Begins, Education Tips, Apple and Facebook Updates

Friday the market set its bottom as it traded massive volume and found critical support, and today the rebound kicked off with the NASDAQ adding 2.46% and the S&P 500 1.6%. What's great about days like today is that technical analysis shines. Tonight I am going to let the charts do all of the talking. Newer...

Quoted in Money Magazine – June Issue

StockTradingToGo was included in the June issue of Money magazine as part of the cover story. The issue is now available at your local newsstand. Cool stuff :)

Original post: Quoted in Money Magazine - June Issue

Market Recap – Stocks Tank, Facebook (FB) Ready to Debut

The NASDAQ suffered its second largest loss of the year today and once again there was heavy volume distribution. That marks 6 of the last 11 sessions. I feel like I am beating a dead horse, but the caution flags were waiving throughout April to take a defensive stance, raise stops, get into cash, and join...

Market Recap – Apple Falls under $550, Natural Gas Shines

Another heavy volume distribution day, this time thanks to the Fed minutes. From IBD, "The Fed minutes indicated little change in policymakers' assessments of the U.S. economic outlook, but also contained cautionary language about the so-called "fiscal cliff" facing the U.S. at year's end."

Original post: Market Recap - Apple Falls under $550, Natural Gas...

Market Recap – Fresh Looks and Strength in Amazon (AMZN)

Europe was once again in focus today, Greece specifically, dragging down the market late afternoon. The theme here at STTG the last month has been all about raising cash and maintaining a cautious outlook. This mindset will remain until Europe can either band-aid itself for another 6+ months or the US gets more stimulus.

Original post:...

Market Recap – Market Slips to Key Support, Gold Update

The rest of the world is once again in focus and causing a ripple effect here in the US markets. From today's Reuters market recap, "Stocks fell on Monday as investors dealt with the one-two punch of worsening political upheaval in the euro zone and the possibility that China's economy may be softening more than...

Market Recap – Boring Session

A fairly uneventful session today. Volume was way above average again but price action was all over the place and there was not much interesting news beside Cisco (CSCO) missing earnings and slumping 10.5%. The market can't decide what to do next and it seems it is a simple, "wait for the next headline then...

Market Recap & 19,000 Subscriber Mark Reached

Today the blog passed the 19,000 RSS Subscriber mark, only 988 more to go before 20k. :) For those not yet subscribed for free updates, go here for a list of options. Thanks for reading and supporting the site! Mark from Market Montage today explained the current environment best (emphasis mine), "We did indeed...

Market Recap, Europe Bullying Stocks and Disney Preps for Record Highs

After shaking off Europe's weekend drama yesterday, one couldn't help but think "no big deal". However, today Europe was once again a big deal and fresh fears (alongside Europe's major indices selling off) caused the US market to gap down at the opening bell and run heavily to the downside. Almost like clockwork though, once the...

Market Recap – Bears are Back in Control

Last week Thursday I noted that the market looked shaky. Friday's employment numbers missed which spurred a massive distribution day sell off. Then over the weekend elections in France and Greece sparked fresh uncertainty, driving futures lower heading into today. By the open though the indices only started trading with a small downside gap which...

Full Market Recap – A Shaky Future and AAPL, SAVE, LNKD Analysis

And the market continues to take investors on quite a ride. Last week we saw the NASDAQ gap below key support and then midweek jump back to the upside, finishing the week higher. This week we saw higher highs reversed and now today a heavy volume distribution close back below the 50 MA. What gives?...