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Avid Trader Official Blog

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Weekend Update

Nov 28, 2009
Uncertainty on Dubai Debt Implications Hit Markets Stocks closed down but off session lows in light trading on Friday, as traders assessed the implication of Wednesday;'s announcement that Dubai World - a holding company that carries a majority of the...

Thanksgiving

Nov 28, 2009
by Larry Levin Everyone at AvidTrader is wishing you all a wonderful day off from trading with a Happy Thanksgiving. For us hardcore traders, however, someone pulled a fast one on us. While we were enjoying our holiday in the USA, the rest of the...

Another Positive Session for the Bulls

Nov 26, 2009
By Harry Boxer, The Technical Trader The indices on Wednesday extended the previous session’s late rally early on with a strong thrust at the get-go in a 5-wave advance that reached up near the 2009 highs on the S&P 500 and quite a few points short...

Evening Update

Nov 25, 2009
Turkey Dreams Lull Traders in Drowsy Session Shares were modestly higher amid light volume despite a day stuffed with economic and earnings data, as traders viewed the day as an extension of the Thanksgiving holiday that begins with market closures...

Silver May Play Catch-Up to Gold

Nov 25, 2009
By Mike Paulenoff It is staggering to think that spot gold prices have rocketed well beyond the Jan 1980 high, while spot silver prices are about 60% off of the 1980 high. Let’s notice that the silver price structure is heading for a confrontation...


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