Woah, what happened to the futures? Last time I check they were running up just after the payroll data. Looks like bears are running rampant now...

Potential swing trades:

See one of the recent 'Chart Reading' posts for some potential swing candidates.

Potential day trades:

Volume was on the light side again today. It seems like the market's just in a holding pattern waiting for the big bad jobs report to be released tomorrow morning. The S&P managed to close dead on its 50-day moving average today (damn those technical traders). It'll be interesting to see where it ends up at tomorrow's open -- I'm assuming there will be a gap due to the jobs number. The act

Below are charts of Goldcorp Inc. (GG), streetTRACKS Gold Trust (NYSE:GLD, the Gold ETF) and the PHLX Gold & Silver Sector Index (XAU). Not surprisingly they look similar. XAU is a little bit stronger and has been able to climb above its 50-day moving average. GG and GLD actually look like decent shorts to me if they take out this week's lows. All the charts are very overbought so a dip or

I was asked, "If not now, what would be a good price to initiate a long position in FRO." I wish I could answer that question but I can't. I don't see any obvious support on the chart right now. If I were looking to buy it I'd simply wait for it to cool off a bit by pulling back or consolidating. I'd look for stochastic to at least drop into neutral territory and then I'd try to find an en

They're trying to take 'em up this morning. I'll be watching how the S&P acts at its 50-day moving average (~1,274), which should be at least some resistance. Don't forget the oil inventory report gets released at 10:30. Keep an eye on USO and the energy stocks.

Potential swing trades:

See one of the recent '