The Nasdaq had a great day as new institutional money went to work in a big way. This was a heavy accumulation day with lots of money going into semis, internets and hardware. The Nasdaq added 33 points, carving out a wide range bar which managed to close at a multi-year high. The big NDX winners were
AAPL, XLNX, and
NVDA. The ADX line looks like it may cross above the -D line at any moment. A push above 20 will really add some momentum going forward. From the McClellan Oscillator, we can see that we have yet to reach an extreme overbought level.
The Nasdaq had a great day as new institutional money went to work in a big way. This was a heavy accumulation day with lots of money going into semis, internets and hardware. The Nasdaq added 33 points, carving out a wide range bar which managed to close at a multi-year high. The big NDX winners were AAPL, XLNX, and NVDA. The ADX line looks like it may cross above the -D line at any moment. A push above 20 will really add some momentum going forward. From the McClellan Oscillator, we can see that we have yet to reach an extreme overbought level.
1 comment:
Hi Jamie,
I had few questions about the trading site "http://www.interactivebrokers.com" which u use for trading I believe. I was very confused about few items on the site and wanted to clarify from someone who is using it before I open an account.
1. Is there any minimum account balance u need to maintain to avoid any fees?
2. Any Inactivity Fee?
3. Day trading restrictions as I saw something mentioned...
http://www.interactivebrokers.com/en/trading/marginRequirements/patternDayTraders.php?ib_entity=llc
4. How much does it cost usually to tarde options?
The reason I am asking all such questions is cause I usually trade with 5-10K capital and not sure if it wil be beneficial to open that account as it says monthly fees etc..... :(
You helps will be appreciated. Thank you in advance :)
Regards
isitpossible@gmail.com
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