PerplexedFebruary 3, 2012, 6:02 amIf you have been waiting on some selling to set in then you are like me - perplexed - as it just isn't happening. Each day any small bout of intraday selling finds buyers and works back higher. It's an inevitable grind higher day after day independen... Read more... Labored moveFebruary 2, 2012, 5:57 amTo say this advance is labored is an understatement. The latest evidence of that is how the strongest sector tries to move ahead (NASDAQ) while the weaker sector can't join (NYSE). Market really needs to reset but so far refuses to do so. Read more... New month, old storylineFebruary 1, 2012, 6:24 amFor two trading weeks the story has been the same. The market is stuck at the highs unable to move higher but unwilling to back down. The big question is which happens first? Read more...
$Compq- 2896 target in sightFebruary 2, 2012, 7:41 amWe hit the first trendline of resistance yesterday- see the following 1 yr daily chart. Read more...
$Gold- 1765 targetJanuary 26, 2012, 1:24 pmWe hit my short term 1655 target back on 1/12/12 and as of yesterday have broken an intermediate term descending trendline from the 09/06/11 1924 top. See the following 43 day daily chart. Read more...55 day cycle due todayJanuary 9, 2012, 7:58 amWe open up a 5 day window starting today through Friday the 13th in which we could see a significant high or low. Read more...Can you trust these Chinese stocks?January 24, 2012, 6:16 amThe FTSE China 25 Index Fund has been working higher since October after taking a 35% haircut in the six preceding months. Can this index be trusted and bought? Read more...MSFT earnings likely to mark a topJanuary 17, 2012, 10:25 amMicrosoft has earnings on Thursday and given the price and volume setup, it looks to be a sell the news event. Read more...Is the Retrace on Google an opportunity to buy?January 10, 2012, 9:32 amIn four short days Google has given back 7% of its value and yesterday volume escalated as it came back. Is this an opportunity to do some shopping and if so, when do you pull the trigger? Read more...
Those Financials Sure Look CheapFebruary 3, 2012, 8:48 amThis article appeared on TheStreet.com's paid subscription site, RealMoneyPro.com on 2/3/2012 and is reprinted here with permissions. It seems that, everywhere I look, I keep stumbling across articles and charts of the financial sector. Lately there's ... Read more...
Sony's Worth a Pre-Earnings ShotFebruary 1, 2012, 7:00 amThis article appeared on TheStreet.com's paid subscription site, RealMoneyPro.com on 2/1/2012 and is reprinted here with permissions. Japan has felt the brunt of Mother Nature's bad luck over the past couple years, not to mention the constant currency ... Read more...
A Headline Trade on Bank of AmericaJanuary 31, 2012, 7:00 amThis article appeared on TheStreet.com's paid subscription site, RealMoneyPro.com on 1/31/2012 and is reprinted here with permissions. You know it's bad when you start seeing opportunity in a 6% pullback off a 45% move. On Monday I referenced the huge mo... Read more... |