My $10000 Dollars

Nasdaq (QQQQ) Last week ended up being a consolidation week for many indices.  Nasdaq stayed flat throughout the week except Friday which opened significantly higher.  However, even Friday’s initial strength faded during the day, closing the week pretty flat.   At this point, there is no reason to think that the bullish trend is ending, but [...]

ETFs for commodities have been increasing popular in the last few years.  Some have been so popular in fact that ETFs like UNG (US Natural Gas Fund) have run out of shares this year.  Now with ETFs come the important topic: backwardation and contango that ultimately impact your investment on commodity ETFs. Backwardation has been [...]

Bought some SOHU Sept 09 puts today in the morning since I notice it reversing off of a triangle pattern.  Stop at $67.  If it starts to test the bottom trendline and break through, it may be worthwhile to pay attention.

Steve Place (Twitter @stevenplace) has come a long way since his time posting stock discussion videos drinking a beer on a Wednesday night.  Contrary to the typical perception of an electrical engineer’s career path, Steve took full advantage of the knowledge he amassed studying electrical engineering in college to build what is now a noteworthy [...]

Nasdaq (QQQQ) After going into consolidation, then a slight pull back, Nasdaq (QQQQ) resumed its upward motion.  As expected, it did pull back temporarily, but the bulls came back swiftly and took control this week.  It is now back at the critical support level.  Next week will be a great indicator on whether this rally [...]

MssTrade Interviews Dr. Phil Pearlman @ppearlman of Stocktwits from miss trade on Vimeo.

Natural gas futures and UNG, an ETF that is designed to track the movements of natural gas price, have been brutally damaged in the recent weeks.  It seems like the UNG appetite has been increasing more and more as the price continues its downward movement.  UNG is now faced with 10 consecutive days in which [...]

StockTwits, Covestor, kaChing, Seeking Alpha.   What do they have in common? They’re changing the game. Whether its StockTwits, Covestor and kaChing and their ingenious community exposing hundreds of skilled investors who would have never been found otherwise, or Seeking Alpha and its self-inflating pool of experts, these sites have built an influence that did not [...]