AvidTrader.com is THE community for all types of Traders. Whether you are a novice trader seeking to greatly improving your skills or seasoned professional needing more insight for your trades, AvidTrader will provide those benefits for you.

Since 1995 AvidTrader has provided trading ideas that help you to make money. The last place you want to try navigating alone is the fast-moving financial markets. And at AvidTrader, you are not alone. AvidTrader led the way in March 1996 with its live Traders Chat. Members of AvidTrader can share their own ideas and strategies with each other on a daily basis in real-time.

By Mike Paulenof Has "The Great Convergence" started, which will reverse some of "The Great Divergence" between the S&P Index and the Gold Miners? With yesterday's high volume, key-downside reversal in the SPDR S&P 500 (SPY), juxtaposed against yesterday's positive performance by the Market Vectors Gold Miners ETF (GDX), coupled with their respective-directionally powerful-daily momentum (RSI) patterns, evidence is mounting that a period of relative performance has commenced for the GDX. But while relative performance is one thing, to get any real traction on the upside, the GDX must hurdle and sustain above 31.00/30. In the meantime, my work argues that while the SPY ratchets to the downside in a corrective period, the GDX will build a significant bottom, ahead of a thrust into a recovery, bull phase. Sign up a FREE 15-Day Trial to Mike Paulenoff’s ETF Trading Diary! … [Read More...]

by Larry Levin In the movie "Anchorman: The Legend of Ron Burgundy" there were many outstanding one-liners. One of the most memorable lines in my opinion is what he said after a small argument escalated into a massive gang war. Once back into the safety of the news room Ron says to his gang-banging-anchorman buddies: "Boy - that escalated quickly. I mean, that REALLY got out of hand fast!" http://www.youtube.com/watch?v=Uh7tgX_Uaqs I thought of this when the Ben Bernanke Gang hit the tape Wednesday. At first, not much happened. Chairman MaoNanke gave his speech to Congress and the market rallied; however, the other gang bangers showed up and it got messy. A Congressman asked the Chairman of Central Planning if he had any plans of stopping the free-money train to Fraud Street...and he said yes. With this - it was on! The Stalingrad & Poor 500 dropped like a stone. But when the market "really got out of hand fast" as Ron Burgundy said, was when the FOMC minutes hit the tape. Fraud Street wasn't prepared for all of the "truthiness." In it we read..."a few participants expressed concern that conditions in certain U.S. financial markets were becoming too buoyant.... One participant cautioned that the emergence of financial imbalances could prove difficult for regulators to identify and address, and that it would be appropriate to adjust monetary policy to help guard against risks to financial stability." When the market started the initial fisticuffs early with the Chairman's admission to a QE exit, the market fell; however, this intensified into mega-weapons, and I'm sure Brick threw a trident into the ESs heart...causing it to plunge into the close. Will Brick & the ES find a safe house for a few days? OPTIONS: Volatility Commentary The Bank of Japan released its decision not to change its monetary policy today. The policy statement did sound generally optimistic about … [Read More...]
Today’s AM fix was USD 1,385.25, EUR 1,068.95 and GBP 917.81 per ounce. Yesterday’s AM fix was USD 1,386.00, EUR … [Read More...]
Analysis for May 24th, 2013 EUR/USD Euro returned to the level of 1.2950 and is not expected to continue growing up. We … [Read More...]
Choe Ryong-hae (C), director of the General Political Bureau of the Korean People's Army (KPA) of North Korea, walks … [Read More...]
1 of 17. British troops patrol an army barracks near the scene of a killing in Woolwich, southeast London May 23, … [Read More...]
“Tis better to have loved and lostThan never to have loved at all”- In Memoriam A.H.H., Lord Alfred Tennyson I’m … [Read More...]
Fri May 24, 2013 6:57am EDT (Reuters) - Tornadoes that struck the United States from May 18 to May 20 caused anywhere … [Read More...]
May 23, 2013: People look on after the Interstate 5 bridge collapsed over the Skagit River in Mount Vernon, Wash.AP/The … [Read More...]
Published May 24, 2013 Dow Jones Newswires Financial services company HSBC Holdings PLC (HSBA.LN) Friday said it is … [Read More...]
Thu May 23, 2013 11:02pm EDT (Reuters) - Part of a freeway bridge over the Skagit River in Washington state collapsed on … [Read More...]
CARDIFF – A Bank of England policymaker said on Friday he favored small additional amounts of bond purchases over … [Read More...]
“Tis better to have loved and lostThan never to have loved at all”- In Memoriam A.H.H., Lord Alfred Tennyson I’m … [Read More...]
Published May 24, 2013 Dow Jones Newswires Financial services company HSBC Holdings PLC (HSBA.LN) Friday said it is … [Read More...]
CARDIFF – A Bank of England policymaker said on Friday he favored small additional amounts of bond purchases over … [Read More...]
An adviser formerly affiliated with LPL Financial LLC was charged by the Securities and Exchange Commission today with … [Read More...]
While those in the Oklahoma City area focus on cleaning up the devastation left by Monday's powerful tornado, the … [Read More...]
The roaring pace of the equity markets has helped drive total exchange-traded-fund assets up 23% over the past 12 … [Read More...]
The downside to Foreign Exchange trading is the risk you take on when you make a trade, and if you do not know what you … [Read More...]
The one thing I like most about ThinkorSwim is their spectacular trading platform. So far, I haven’t seen anything … [Read More...]
The one thing I like most about ThinkorSwim is their spectacular trading platform. So far, I haven’t seen anything … [Read More...]
The EMU Composite PMI posted its second consecutive rise in May. Although the pace of improvement remains slow and 2Q … [Read More...]

by Larry Levin In the movie "Anchorman: The Legend of Ron Burgundy" there were many … [Read More...]

by Larry Levin Don't worry, this isn't a public service message trying to get you to … [Read More...]
Today’s AM fix was USD 1,385.25, EUR 1,068.95 and GBP 917.81 per ounce. Yesterday’s AM fix was USD 1,386.00, EUR … [Read More...]
Analysis for May 24th, 2013 EUR/USD Euro returned to the level of 1.2950 and is not expected to continue growing up. We … [Read More...]
THE TAKEAWAY: German IFO business climate survey beats expectations at 105.7 -> IFO’s Wahlrobe says he expects GDP … [Read More...]
OK, I was partially right. On Monday, I wrote that commodities were setting up for a rebound (see Commodities poised to … [Read More...]
The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass … [Read More...]
The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass … [Read More...]
The NIKKEI 225 (INDEXNIKKEI:NI225) dropped 1,060.23 (-7.32%) to close at 14,483.98 last night. This was after a 30% … [Read More...]

Born to address the need of a husband and wife located in different office buildings to communicate with each other, … [Read More...]
Last week the Energy Department announced that it has conditionally authorized the Freeport LNG project to export … [Read More...]
While one tech titan was defending its (lack of) tax payments to the United States Senate, another introduced its first … [Read More...]
By Evan Niu, CFA | More ArticlesMay 24, 2013 | Next month, Apple (NASDAQ: AAPL ) is expected to unveil upgraded … [Read More...]
By Travis Hoium | More ArticlesMay 23, 2013 | Melco Crown (NASDAQ: MPEL ) has been one of the hottest stocks in … [Read More...]
Choe Ryong-hae (C), director of the General Political Bureau of the Korean People's Army (KPA) of North Korea, walks … [Read More...]
1 of 17. British troops patrol an army barracks near the scene of a killing in Woolwich, southeast London May 23, … [Read More...]
Fri May 24, 2013 6:57am EDT (Reuters) - Tornadoes that struck the United States from May 18 to May 20 caused anywhere … [Read More...]
Copyright © 2013 · Sleek Theme on Genesis Framework · WordPress · Log in