Nasdaq


Posted by StockRake on March 11, 2009 in Market Comments, Nasdaq, Technical Analysis

Nasdaq Divergence

Don’t know how long it will be good for, but its there. We may have spent the juice on yesterdays big day, but we’ll see and know soon.

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Posted by StockRake on November 30, 2008 in Nasdaq, S&P, Technical Analysis

SPX Trendline Support and Resistance

SPX is right around some major inflection point, but both the RUT, and the COMPX have considerable upside room which makes me think we are going to see the SPX break this trendline to the upside. After the break I think it will selloff to test the line causing a break even for the week …

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Posted by StockRake on October 2, 2008 in Chart Fest, ETFs, Leveraged ETFs, Leveraged Funds, Nasdaq, Stock Market Charts, StockRake Rewind, Technical Analysis, Trades

Made Some Cash Today By Being Short

I posted about being in the inverse etfs FXP and SDS, but I didn’t post that I took medium sized short trade at the Rydex 10:45 window in the inverse spx, inverse ndx, and inverse rut funds. It was an ultra risky play considering the NDX was already down 6% at that time. I was …

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Posted by StockRake on September 8, 2008 in ETFs, Financials, Leveraged ETFs, Leveraged Funds, Nasdaq, Trades

Piled Onto The Friday Afternoon Short Trade

This morning I went into the indexes heavy adding to my Friday shorts with markets up considerably higher than where they are now (Dow +148, NDX -20, RUT +7.85, SPX +11). Bought: QID, SMN (tried to buy both EFU and FXP – seeing now the trades didn’t go through – damn FXP was good for …

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Posted by StockRake on August 8, 2008 in Alternative Energy, Biotech Stocks, China Stocks, Leveraged ETFs, Leveraged Funds, Nasdaq, restaurant stocks, Retail Stocks, Stock Comments, Technical Analysis, Trades, What Worked Today

Weekly Recap

This chart was posted yesterday after the big DAILY down move in the market. This is how the same chart looks today. Good call? What sucked: EJ not working I had to dump it for a 3.9%ish loss. ABAT which I thankfully got rid of yesterday for a loss as well around 5% or so. …

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