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Trader Mike

February 2nd, 2012 Market Recap with look at ZNGA Breakout

The market is on one mission, and that is to break through 2011 highs. Today we saw it crawl ever closer as the NASDAQ finished within 1% of 2887.75 (.0972% to be exact).

Original post: February 2nd, 2012 Market Recap with look at ZNGA Breakout

February 1st, 2012 Market Recap with 8 Facebook IPO Fun Facts

A positive push forward for the market today lead by the NASDAQ has brought us within 2% of 2011 highs. With Europe as a "no need to worry" zone and a hardly mediocre US economy being pushed aside, the trend remains up.Facebook filed for a massive $5 Billion IPO with Zuckerberg set to be worth...

January 31st, 2012 Market Recap with AMZN, Gold Updates

Market speed summary, how January made history, an Amazon earnings recap, and a look at both the market indices stock charts alongside Gold.

Original post: January 31st, 2012 Market Recap with AMZN, Gold Updates

January 30th, 2012 Market Recap with Top ETFs YTD

The S&P 500, NASDAQ, Europe, ETFs, earnings, and the magical "golden cross" are all discussed in this market recap.

Original post: January 30th, 2012 Market Recap with Top ETFs YTD

January 26th, 2012 Market Recap with SBUX Analysis

A higher volume reversal after opening the day higher is a point of concern heading into tomorrow. Like anything though until support is broken the trend remains intact.

Original post: January 26th, 2012 Market Recap with SBUX Analysis

Join me for the 2012 ChartPattern.com Seminar on April 28th, 2012

Join me for the once a year, ultra limited seating Dan Zanger seminar. The seminar will be held at the Renaissance Airport Hotel in Los Angeles, California on Saturday April 28th, 2012.

Original post: Join me for the 2012 ChartPattern.com Seminar on April 28th, 2012

January 24th, 2012 Market Recap with Apple Earnings Results

Apple shares are up over 8% after hours trading around $455 per share. This gives Apple an effective market cap of over $420 Billion, passing Exxon Mobil (XOM) as the largest company in the world. The company posted Q1 revenue of $46.33 Billion dollars. Amazing.

Original post: January 24th, 2012 Market Recap with Apple Earnings...

January 23rd, 2012 Market Recap… Complacency at Fresh Highs

Nothing major from the market today as the indices closed flat on lower volume. The word floating around is that there is extreme complacency with the market currently, suggesting a pull back is looming in the very near future. Investors beware?

Original post: January 23rd, 2012 Market Recap... Complacency at Fresh Highs

Tools of the ‘Trade’ – How I Invest (2012 Edition)

With a brand new year among us it's time for another epic edition of Tools of the Trade where I share everything regarding how I invest. What broker I use, what blogs I read, what sites and services I subscribe to, what computer I use as well as a complete breakdown of my investment philosophy.

Original...

January 18th, 2012 Market Recap with Apple, Oil, Home Builders Updates

Today's speed summary from Yahoo Finance, "Stocks jumped to their highest since July on Wednesday as the International Monetary Fund sought to help countries hit by the European debt crisis, while forecast-beating earnings from Goldman Sachs dispelled some worries over bank profits."

Original post: January 18th, 2012 Market Recap with Apple, Oil, Home Builders Updates

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January 17th, 2012 Market Recap

Tonight's to the point speed summary comes from IBD, "Better-than-expected economic reports at home and China, along with successful debt auctions in Europe, lifted stocks Tuesday. But they ended off the best levels of the session."

Original post: January 17th, 2012 Market Recap

January 12th, 2012 Market Recap with TSCO

Before anything tonight I suggest reading two great bulls and bears market viewpoints from a market guru, David Rosenberg. Read the bull case and the bear case both at ZeroHedge. It puts this market back into perspective with so much to consider.

Original post: January 12th, 2012 Market Recap with TSCO