Live Update

Wednesday, June 2, 2010

06/02/2010 After Bell Quick Summary

Well, some people are “complaining” nowadays I say “need see tomorrow” too frequently. And I think now you know why. One day doesn’t make a trend, especially, since May, we haven’t seen any 2 consecutive up days, so again, “need see tomorrow”.

In tonight’s report, I’ll present a small data arguing for a down day tomorrow. And most likely I’m going to “WOW” again, because according to the TICKQ chart below, people are simply in love with Nasdaq stocks too much that yet again, almost no minus ticks were recorded for the whole day. The last 7 times I WOW-ed were in 05/26 Market Recap, 05/18 Market Recap, 05/12 Market Recap, 05/03 Market Recap, 04/29 Market Recap, 04/20 Market Recap and 04/14 Market Recap.


blog comments powered by Disqus


The information contained on this website and from any communication related to the author’s blog and chartbook is for information purposes only. The chart analysis and the market recap do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor.

This websites provides third-party websites for your convenience but the author does not endorse, approve, or certify the information on other websites, nor does the author take responsibility for a part or all materials on the third-party websites which are not maintained by the author.