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Wednesday, April 7, 2010 as of 11:14 AM ET

Social Media

Social media includes web-based and mobile based technologies which are used to turn communication into interactive dialogue between organizations, communities, and individuals.

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Trading Stocks You Know Little About is Treacherous Terrain

In general, this past week was fairly positive for the market.

  However, I'm looking at charts like the one below to determine what we can expect for the remainder of the summer.Overall, the market has really been consolidating the past few weeks.  And consolidation after a huge move is usually resolved with a continuation of that previous move.  In other words, one would expect more downside.However, if that triangle sees an upside break, it would lead me to believe the bull is returning and you'd see some positive summer action. Personally, I've been accumulating stocks and am in a position where I'll buy more on a move down, but sell what I have on any dramatic move up.As for individual stocks, I have to comment on Facebook (NASDAQ:FB).  In fact, I talked about it at length here . Let me sum up the situation from just a technical perspective: we know nothing!And if you're any kind of trader or investor, if you know nothing, it's a head-scratcher as to why you'd even consider the sto...

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  1. The Power of Kindred Spirits

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  2. Audit Tips for Small Business Owners

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  3. Facebook Compared to Other Recent IPOs

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  5. What Mark Zuckerberg Can Learn From Ben and Jerry

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  6. E-Trade Facebook Losses Under $1 Million: Reuters

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  7. How Volunteering Can Help You Land the Right Job

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  8. Facebook Launches Instagram-Style Photo Sharing App

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  9. Facebook Fallout: Fidelity Customers Confused

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  12. Goldman Sachs To Start Tweeting Thursday

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  2. Citi Automated Desk Loses $20M on Facebook IPO: Report

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  4. Apple's iOS, Mac App Stores Now Feature 'Free App Of The Week'

    In an apparent effort to help its users find more interesting apps in its cavernous digital stores, Apple today made an interesting tweak to its iOS and Mac app stor...

  5. Faceplant: 4 lessons from the Facebook IPO

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  6. Facebook Shares Down; Analyst Says 'fair Valued'

    Facebook Inc. saw its shares slip more than 2.6% to $32.16 on Friday morning, capping the company's first week of trading. The social network went public last Friday...

  7. Report: Market Makers Have Lost at Least $100M on Facebook

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