Posted by Mark Hanna March 13, 2015

STTG Market Recap Mar 13, 2015

As we wrote yesterday, the bounce we saw was not yet something to get too excited about it seemed more like a relief from near term pressure to the downside. Friday the markets resumed downward as they stayed in the red almost the entire session. The S&P 500 fell 0.61% and the NASDAQ 0.44%. While violent days up are often seen as great because they feel good often they come within downtrends so what one really wants to see is a period of more calm. That said a violent up day can often mark a bottom but not yet. The Federal Open Market Committee meets next week, with all eyes on whether or not patient remains in the statement. If that word is removed many will assume the Fed raises rates in June. So yes, the whole of next week will be focused on 1 word trillions of dollars will move based on patient.

STTG Market Recap Mar 12, 2015

Indexes had a decent bounce Thursday but its too soon to call it much more than a lightening of pressure to the downside. The S&P 500 gained 1.26% and the NASDAQ 0.89%. We now are in a period where there are a lot of eyes on the dollar and today it went down, relieving some near term concern. Retail sales for February fell 0.6 percent, missing expectations of a slight gain. But right now we are back in a period where bad news is good news as investors hope not enough good news happens in the economy so the Federal Reserve doesnt raise interest rates.

STTG Market Recap Mar 11, 2015

The indexes attempted to bounce Wednesday but failed. Considering the general near term oversold conditions in the market it was a pretty dismal attempt at a bounce. The S&P 500 finished down 0.19% and the NASDAQ 0.20%. News flow was quiet as the same culprits reappeared.

STTG Market Recap Mar 10, 2015

Yesterday we had a bifurcated situation on the two index charts; the NASDAQ still seemed ok as it had only pulled back to the 20 day moving average a healthy pullbackwhile the S&P 500 had broken a key trendline that on our chart had indicated a short and quick correction was very likely. We asked yesterday which index would be telling the truth and lead the other index. It turned out to be the S&P 500 as Tuesday the S&P 500 tumbled 1.70% and the NASDAQ 1.67%. Believe it or not the S&P 500 is now negative for the year. U.S. dollar strength was the story of the market, as was worries about the Fed raising rates

Posted by Guest March 10, 2015

New Falcon F-37X Trading Computer Review

Falcon Trading Computers, aka TradingComputers.com . have been in the custom computer business for a long time. They have sold professional grade computers not only to individual investors like me, but also intuitional groups, hedge funds, trading firms, and the like. Their specialty is providing customers with top of the line machines that are reliable, fast, and can support large multi-display arrays. They dont mess around either: the extensive amount of testing they do to provide machines that are Ferrari fast and work every time is serious business.