These are the settings that I use when looking at stocks. Some indicators can be helpful but usually I think they just junk up the place and add more unnecessary things to worry about. Let me know if you have any other settings you like!
Okay, EXM: Excel Maritime Carriers
With the BDI getting slammed, I am a little concerned holding EXM through earnings 8/11/08. I have done my homework and have come to rationalize several reasons for the pullback? (no paticular order)
1/ Olympics in China
2/ China drawing down Iron Ore stock piles.
3/ Iron Ore negociations not finalized
4/ Fear of decling [...]
Not a whole lot of movement in the market on Friday. We finished up just over 20 points to end a week overall down.
Looking at the chart of the Dow, it looks as though we could have topped out after hitting the previous support level. I think that it is possible that the market is [...]
Stocks finished lower yesterday as earning season heats up. Earnings from Apple, Texas Instruments, and Wachovia have set the market up to fall a good bit.
This is exactly why we were waiting for some direction in the market and some confirmation. Without having a solid direction, chart patterns will fail and the market can easily [...]
