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Merger Mania Took Place In 2006 And 2007 And Look What Happened

In 2006 and 2007 the stock market saw a lot of merger and acquisition activity. In fact, that was the catalyst for the stock market advance throughout 2006 and it helped support and recover the markets three times in 2007 despite the brewing mortgage crisis. Here we go again in 2010 as the merger and acquisition activity heats up. Hewlett Packard Co (NYSE:HPQ) just won a bidding war for 3 PAR Inc (NYSE:PAR) over Dell Inc (NASDAQ:DELL) today. It is important to realize that Dell Inc started the b… Continue

Added by Bryan Leighton on September 2, 2010 at 1:37pm — No Comments

Cannabis Science Reports on Multi-Billion Dollar Chronic Pain Market as Canadian Medical Journal Publishes Study That "Smoked Marijuana" is Effective Against Neuropathic Pain

COLORADO SPRINGS, Colo., Sept. 1, 2010 (GLOBE NEWSWIRE) -- Cannabis Science, I

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Added by OTCHotline on September 1, 2010 at 12:53pm — No Comments

Markets Rally Into Key Daily Resistance Area

The markets surged higher today and right into a major resistance area. As seen on the chart below, the SPDR S&P 500 ETF (NYSE:SPY) has gone directly into the 20 and 50 moving averages on the daily chart. This acts as a major resistance point in the short term and should keep the markets flat tomorrow if not with a small pull back. Friday the Unemployment and Non Farm Payrolls will be out at 8:30am ET. This should cause some wildness for the first few hours until the holiday kicks in and vol… Continue

Added by Bryan Leighton on September 1, 2010 at 12:29pm — No Comments

Markets Soar As Shorts Get Whipped Hard

Over the past few days, I wrote many articles discussing major levels hit by key stocks as well as far too much bearish sentiment in the market. Prior to a holiday weekend, I thought it was highly unlikely we would see a major break down and would even possibly see a rally. With a huge rally today, this turned out to be dead on. Understanding market psychology has become more and more important in these markets. Learn this and more in the Research Center.

The SPDR S&P 500 ETF

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Added by Bryan Leighton on September 1, 2010 at 12:01pm — No Comments

Inflation Rally To Start September

This morning the major stock market indexes are soaring higher ahead of the opening bell. This positive move comes after the market reacted positive to Chinese PMI last night. It is still amazing that the Shanghai Index has this much of an effect over the markets world wide. There are obviously other reasons for the large gap higher this morning such as the sharp decline in the U.S. Dollar Index. As many traders and investors know by now when the dollar declines the stock market indexes will usu… Continue

Added by Bryan Leighton on September 1, 2010 at 9:55am — No Comments

Surprise Positive Data Saves Market From Major Break

The hand of "GOD" or maybe just the Plunge Protection Team

The markets were looking ugly this morning, hanging onto a master trend line support on the daily chart that would dictate whether the Hindenburg Omen would play out in a crash scenario. Yesterday, the markets gave up almost all the gains from the Friday rally, a very bearish signal. A move lower today would have sealed the fate of this market, the SPDR S&P 500 ETF (NYSE:SPY) headed towards $101.00 and then $95.00 easily.… Continue

Added by Bryan Leighton on August 31, 2010 at 12:15pm — No Comments

The Magic Wand Behind Every Move In The Market

When the U.S. Dollar Index bounces higher the stock market indexes simply deflate and trade lower. The opposite is true when the U.S. Dollar Index declines the stock market indexes inflate and rally higher. Therefore, the dollar chart remains extremely important on all time frames.

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Added by Bryan Leighton on August 31, 2010 at 10:57am — No Comments

WindPower Innovations, Inc. Announces Talks with Energy Plus

QUEEN CREEK, Ariz.--(BUSINESS WIRE)--WINDPOWER INNOVATIONS, INC. (PINK SHEETS: WPNV - News), today announces talks with Energy Plus, an Alternative Energy Company, regarding distribution of its Permanent Magnet Generator and Grid-Tie Technology throughout Mexico and Centra

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Added by OTCHotline on August 31, 2010 at 10:45am — No Comments

When Markets Decline On Light Volume Watch Out!

In March 2009, the S&P 500, and the Dow Jones Industrial Average found a low and staged a sharp recovery rally into April 2010. Throughout that time that the market rallied higher the volume was extremely light. However, when the stock market indexes had corrections in June 2009, and January 2010, the volume on the decline was very strong telling us that this was institutional selling and not the traditional retail investor selling stocks. When the major stock market averages topped out in A… Continue

Added by Bryan Leighton on August 31, 2010 at 10:19am — No Comments

About WindPower Innovations (OTC: WPNV)

Stock looks to have found a support level to build a base. Had a strong move to the upside on a descent volume spike. MACD has crossed to the upside and the RSI is also about to break through the pivot to the upside. Both are bullish signals. Lots of room for a rally. After the stock gets through $0.30 their doesn't appear to be any resistance. Keep in mind this stock has a 52 week high of $3.00! Even a 50% retracement from Friday's close makes this a potential huge winner. The light trading

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Added by OTCHotline on August 31, 2010 at 1:49am — No Comments

Markets Float Lower To Key Support Levels

The SPDR S&P 500 ETF (NYSE:SPY) is floating lower today as the rally from last Friday seems to be fading. While the markets cheered Ben Bernanke's statements and a better than expected revised GDP, fear is still in charge. Currently, the SPY which mirrors the S&P 500 has traded into the 200 moving average on the intra day ten minute chart. In addition, just below, there is a solid level from the pivot on Friday around 1pm ET. View the chart below.

The dollar is inching higher… Continue

Added by Bryan Leighton on August 30, 2010 at 12:09pm — No Comments

Apple Stalls As Gap Fill And Double Top Tagged, Markets Weak

The markets are taking a break after the monster rally on Friday that sent the Dow, S&P 500 and the Nasdaq higher by 1.65%. The overall markets are slightly lower today and volume is anemic. This is the week prior to the Labor Day holiday weekend and the Unemployment and Non Farm Payrolls data is due out Friday. Needless to say, the markets are on pause for these reasons volume wise.

Apple Inc. (NASDAQ:AAPL) has been one of the stand out stocks today, surging higher by $3.01 to $2… Continue

Added by Bryan Leighton on August 30, 2010 at 11:47am — No Comments

Financial Stocks Continue To Struggle

This morning the large major financial institutions continue to struggle. Recently all the financial stocks have traded down towards or at new lows for the year and today the weakness remains. Stocks such as Bank of America Corp (NYSE:BAC), J.P. Morgan Chase & Co (NYSE:JPM), and Wells Fargo & Co (NYSE:WFC) remain at or near the lows for 2010. Financial stocks such as Goldman Sachs Group Inc (NYSE:GS), and Morgan Stanley (NYSE:MS) are both still trading above their July lows. However, whi… Continue

Added by Bryan Leighton on August 30, 2010 at 10:59am — No Comments

Muted Monday

This morning the major stock market indexes all opened slightly lower on this morning. Monday trading throughout the summertime in the United States have been very light volume trading sessions. When you combine a Monday in the month of August one week before the Labor Day holiday in the U.S. the markets could just float or drift for most the day. Lift volume trading environments will generally favor slight upside. Therefore, unless the charts give us a bearish setup it is difficult to see

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Added by Bryan Leighton on August 30, 2010 at 10:20am — No Comments

TLT Gets Slammed After Multi Month Rally

The iShares Barcleys 20+ Year Treasury ETF (TLT) is declining today by 3.00 to $105.42. As we all know bonds have been skyrocketing higher as of late and got a bit extended on the daily chart. The TBT will have short term intra-day support around the $105.25 area.

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Added by Bryan Leighton on August 27, 2010 at 4:08pm — No Comments

Commodity Stocks Bounce Reviving Markets

Commodity stocks have been extremely weak of late and one of the major causes of the weakness in the markets. Pessimism on the global economy has fueled fear of a major drop in demand for oil, copper, steel and others. Stocks like Exxon Mobil Corporation (NYSE:XOM), United States Steel Corporation (NYSE:X) and Southern Copper Corporation (USA) (NYSE:SCCO) have all dropped recently but today are rebounding sharply. Note the chart of XOM below.

The markets may hold steady through next w… Continue

Added by Bryan Leighton on August 27, 2010 at 12:53pm — No Comments

After Early Weakness, Markets Fly Higher

The markets gapped higher and sold sharply into key comments by Ben Bernanke. Within minutes of those comments, the market started to rip higher and was off to the races. I will explain why.

The market had sold into the close yesterday on worries that the GDP revisions would come in well below the estimates of 1.4%. That would be a revision lower from the 2.4% originally reported. In addition, the market continued to be very fearful of what Federal Reserve Chairman Ben Bernanke would… Continue

Added by Bryan Leighton on August 27, 2010 at 12:10pm — No Comments

All Eyes On Bernanke. Does It Really Matter?

This morning the GDP revisions were better than expected as most economist expected the number to be revised to 1.4% the actual number that was reported was 1.6%. That slightly better than expected revision is really not a surprise to anyone and is still a poor number when you consider all the stimulus in this market. The major stock market indexes all caught a strong bid higher after the GDP revision number was announced.

Now everyone is waiting on the Ben Bernanke speech from Jackso… Continue

Added by Bryan Leighton on August 27, 2010 at 10:13am — No Comments

International Business Machines Nearning Support After Break Down

A week ago I alerted to the International Business Machines Corp. (NYSE:IBM) break down on the daily chart. The stock had just broken the sloping trend line to the downside and it signaled a move lower into the first support. Note the chart below. IBM continues to be one of the weaker stocks and will continue to be so until it hits that first level at $123.00. It should find some support in that range. Should that range break, the next level will be $121.50.

Gareth Soloway
Chief… Continue

Added by Bryan Leighton on August 26, 2010 at 1:55pm — No Comments

Financial Stocks Look Solid

The financial stocks have been under a ton of pressure of late but just in the last few days look to be turning higher. While this move higher may be short lived, it is none the less a positive sign. This bounce may last until after the Labor Day holiday in early September if the double bottom on the Financial Select Sector SPDR (ETF) (NYSE:XLF) holds. Note the chart below.

Other stocks have also hit major levels. JPMorgan Chase & Co. (NYSE:JPM) came into a solid double bottom, We… Continue

Added by Bryan Leighton on August 26, 2010 at 12:27pm — No Comments