Blog Feed: Investing Money Online | Toronto Investment Analyst | StocksHaven Investments

Peter Schiff: USA Sovereign Debt Ponzi Scheme

Published on 2012-05-25 22:29:00

$ $ $Listener Questions 5/11/12 Preview Santhosh from Dublin, OH: Recently I read an article saying that the US faces a big risk in 2013 as there is a spike in the amount of treasuries that are maturing. Is that true? I also read that the US rolls over... > read more

Как долго продлятся протесты в России

Published on 2012-05-25 13:42:00

Из укороченной версии доклада Дмитриева и Белановского не совсем понятно, почему протестуют протестующие, и почему власть считает их пр... > read more

Investing with a Target Volatility Approach

Published on 2012-05-25 12:34:00

Since I mentioned one of my favorite ETP sites earlier today [the more I think about it, the more I have come around to the idea that the Best Post of the Year on Exchange-Traded Products may be the best post I have ever seen on the subject] I thought ... > read more

Best Post of the Year on Exchange-Traded Products

Published on 2012-05-25 11:28:00

Before the long weekend is upon us, I wanted to highlight a real tour de force by Michael Johnston of ETFdb.com: 101 ETF Lessons Every Financial Advisor Should Learn. Whether you are a novice or have deep knowledge of these products – and irrespect... > read more

Real GDP per capita since 1870

Published on 2012-05-25 09:00:00

We've just finished and published a working paper. The reader may want to download it from the MPRA: Real GDP per capita since 1870 AbstractThe growth rate of real GDP per capita in the biggest OECD countries is represented as a sum of two components... > read more

First Day of Trading in Nasdaq-100 Volatility Index (VXN) Futures

Published on 2012-05-25 02:02:00

You really need a scorecard to keep up with the new product launches at the CBOE. Today was potentially a big one, with the launch of futures on the Nasdaq-100 Volatility Index, which most of us simply refer to as VXN or Vixen. As the table below show... > read more

Intra-day Levels On COST & DLTR

Published on 2012-05-24 09:42:26

Costco Wholesale Corporation (NASDAQ:COST), and Dollar Tree Inc. (NASDAQ:DLTR) are holding up the retail sector both of these stocks are trading higher by over 1%. Intra-day resistance on COST is around $85.00 and $85.50; DLTR is around the $100.75 and $101.28 levels. Some other retail stocks trading higher include Wal-Mart Stores Inc. (NYSE:WMT), The TJX Companies [...] > read more

Time to buy SPY

Published on 2012-05-23 03:34:00

A month ago, we predicteda drop in the S&P 500 to the level of 1300 by the end of May. We also suggested buying the index when it is 1300. > read more

JPMorgan Bounce Target

Published on 2012-05-22 12:11:58

JPMorgan Chase & Co. (NYSE:JPM) is surging today, trading at $34.16, +1.65 (5.06%). The stock has been under major pressure lately from billions in losses. While the stock collapsed, the key was to find the support level where it would bottom, and bounce. This level was at two key gap fills between of $32.50 and $33.25. At [...] > read more

Home-builders Stocks Raise The Roof

Published on 2012-05-22 09:50:20

Toll Brothers Inc. (NYSE:TOL) is looking to have intra-day resistance at the $27.50 level. The stock is trading higher by 58 cents to 27.14 on the back of higher home sales. Nicholas Santiago InTheMoneyStocks.com > read more

Facebook: Retail Investors The Losers As Institutions Smile

Published on 2012-05-21 11:21:02

Facebook Inc (NASDAQ:FB) is trading at $33.84, -4.39 (-11.49%). This is a classic kill the retail investor move IPO. This stock offering had the biggest retail investor participation in years if not ever. As the Facebook IPO was pumped, more and more regular investors clamored for shares. The institutions gladly obliged. The IPO opened and [...] > read more

$GDX, Here Is Your Level

Published on 2012-05-21 09:52:25

GDX: Short term traders should watch for intra-day resistance around the $43.00, and $43.50 levels. Take note, the GDX is still trading below the important daily chart 50, and 200 moving averages, this technical position puts the important ETF in a weak technical position. All of the leading gold mining stocks are holding up very [...] > read more

S&P Futures Week of 20MAY12

Published on 2012-05-20 23:22:00

20MAY12Don't really have anything new to comment on this one. > read more

AAPL Week of 20MAY12

Published on 2012-05-20 22:49:00

20MAY12The read on Apple from the close last week Thursday is more downside, 1.27 fib broke and so 1.618 is the next test at ~516. > read more

Facebook IPO May Break the Market and Initiate a Free Fall Crash

Published on 2012-05-19 15:15:54


Let me start by clarifying something.  I am not saying that the market could crash spectacularly in the next few days and that in that event the Facebook IPO would be a major contributing factor.  I am not saying that.  The market is saying it. Facebook boosts IPO size by 25 percent, could top $16 [...] > read more

Looming Global Economic Catastrophe?

Published on 2012-05-19 10:45:00

$ $ $Marc Faber: Looming Global Economic Catastrophe? The biggest bear of all, Dr. Doom (Marc Faber), discusses the future of the euro and whether a global catastrophe is on the way, with CNBC's Brian Sullivan and the Money In Motion traders. ... > read more

Global Consumer Confidence Improves, Degree of Pessimism Persists

Published on 2012-05-19 10:32:00

Nielsen Global Online Consumer Confidence Survey Conditions Are Improved, But Still Fragile Global online consumer confidence increased +5 to 94 and in 38 of 56 markets measured. > read more

Facebook Could Not Have Picked A Worse Time For An IPO

Published on 2012-05-18 10:05:45

This is the day when Facebook (NASDAQ:FB) will debut for trading on the open market. Facebook is the most highly anticipated initial public offering (IPO) since Google Inc (NASDAQ:GOOG) came public on August 19, 2004. Facebook stock is being priced at $38.00 a share by the lead underwriters. The stock is expected to trade higher [...] > read more

A Million SPX Put Contracts Traded Today…a Contrarian Timing Signal

Published on 2012-05-17 14:36:00

With a half hour to go in today’s trading session, over one million put contracts have already been traded on the S&P 500 index, which is about 2 ½ times the average daily volume. This elevated put volume comes on top of 913,000 SPX put contract... > read more

Lock And Load: Apple Will Bounce At This Level

Published on 2012-05-17 11:24:01

Apple Inc. (NASDAQ:AAPL) is falling sharply again today. The once rocket ship stock is dropping quickly to earth. Apple is trading at $534.77, -11.30 (-2.07%). The media and analysts were pumping the stock when it was trading over $600.00 per share. Meanwhile, when Apple was $621.00 a share, I alerted the world to sell it [...] > read more

Oil Services Cling On To Minor Gains

Published on 2012-05-17 10:19:30

This morning, all of the leading oil service stocks are holding on to some minor gains. This sector along with most other energy markets has been very weak since March 2012. Today, the Market Vectors Oil Services ETF (NYSEARCA:OIH) is trading higher by 0.20 cents to $36.16 a share. Short term day traders should watch [...] > read more

Agriculture Stocks Are Oversold, Here Is What You need To Know

Published on 2012-05-17 09:41:45

Most of the leading agriculture stocks have been very weak over the past few weeks. This important sector will often trade very similar to the leading commodity stocks. Most of the leading agriculture stocks are now very oversold on the daily charts, however, as long as the major stock indexes are weak these stocks could [...] > read more

The Only Financial Stock That You Need To Follow

Published on 2012-05-16 14:55:49

J.P. Morgan Chase & Co (NYSE:JPM) is the most important financial stock that any trader can follow at this time. This stock has lead the major market indexes higher throughout the first three months of 2012 and now the same stock is leading the markets lower. JPM stock has come under some major scrutiny after [...] > read more

Bounce For Profit: Metal Stocks Holding Major Supports

Published on 2012-05-16 10:54:19

The metal stocks continue to hold key support levels on their daily charts. Stocks like Goldcorp Inc. (USA) (NYSE:GG) and Silver Wheaton Corp. (USA) (NYSE:SLW) are into major support as shown in the chart below. These stocks have seen a dramatic decline in recent months as the Dollar has surged and gold and silver have [...] > read more

Transports Finally Head North

Published on 2012-05-16 10:22:45

Many of the leading transportation stocks are trading higher today. This leading sector has been extremely weak since May 3, 2012. Today, the important iShares Dow Jones Transport. Avg. (ETF) (NYSEARCA:IYT) is trading higher by $1.15 to $92.41 a share. Short term traders should watch for intra-day resistance around the $92.60, and $93.10 levels. This [...] > read more

Base Metals Catch An Early Bid

Published on 2012-05-16 09:43:00

This morning, all of the leading base and industrial metal stocks are catching a bid higher. It is important to note that this sector has been very weak since the start of the year. A case can be made that the leading base and industrial metal stocks have been weak since March 2011. One of [...] > read more

Cheating with Partial Hedges

Published on 2012-05-16 01:57:00

[The following first appeared in the May 2011 edition of Expiring Monthly: The Option Traders Journal. I thought I would share it because of the strong positive feedback I received as well as the large number of questions I have recently fielded about ... > read more

A Look at the Pullbacks of the 2009-2012 Bull Market

Published on 2012-05-15 17:51:00

At various times over the past three years, I have been posting a table that I call the VIX and More 2009-12 SPX Peak to Trough Pullback Summary, the most recent version of which can be found in a March post, Putting the Current 2.6% SPX Pullback in Re... > read more

The Dollar Breakout Brings Down Markets

Published on 2012-05-15 14:58:26

By now everyone should know that when the U.S. Dollar Index is strong the major stock and commodity markets will deflate and trade lower. Most leading commodity stocks are falling sharply lower today as the U.S. Dollar Index futures surge higher. Traders can easily see how the PowerShares DB US Dollar Index Bullish (NYSEARCA:UUP) is [...] > read more

Stock Market: Beware Today Dictates The Future

Published on 2012-05-15 11:49:57

All the charts and calculations have shown today to be the day of all days. What does this mean? The market is at a major pivot point on this Tuesday, May 15th, 2012. If the market is able to hold up, investors would experience a one to two week neutral to higher move. If the [...] > read more

Steel Sector Slumps

Published on 2012-05-15 10:00:57

The leading steel stocks have really struggled to catch a bid higher since mid-March 2012. Today, is really no exception for the important sector as most of the leading steel stocks continue to trade lower. U.S. Steel Corp (NYSE:X) is considered one of the leading stocks in the industry group. This leading stock is trading [...] > read more

Retail Stocks Signal Early Strength

Published on 2012-05-15 09:47:32

This morning, the leading retail stocks are showing early strength. The popular Market Vectors Retail ETF (NYSEARCA:RTH) is trading higher by 0.11 cents to $41.23 a share. This leading ETF has been under selling pressure since May 1, 2012 when it traded as high as $42.69 a share. Short term traders should watch for intra-day [...] > read more

Bullish Consensus Creates High Risk of Potential Near Term Global Financial Market Crash

Published on 2012-05-14 23:45:13

High Risk of Near Term Global Financial Market Crash At each juncture, I look at the available information as represented in the market price and technical data.  I approach the body of evidence without preconception and with an open “beginner’s mind”.  I see what I see.  I analyze.  I develop a set of probabilistic outcomes [...] > read more

Handicapping the Chances of Greece Dropping the Euro

Published on 2012-05-14 18:41:00

Understanding all the moving parts in the European sovereign debt crisis can be a Herculean task, even for the most determined analyst. Heck, even hazarding a guess at what tomorrow’s crisis du jour will be is more than enough for most investors to g... > read more

Bottom In The Making: Miners Reverse Off Lows Again

Published on 2012-05-14 11:18:24

For the second time in a week, the miners have reversed off early lows. Stocks like Goldcorp Inc. (USA) (NYSE:GG), Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) and Yamana Gold Inc. (USA) (NYSE:AUY) are all off their lows, trying to move to the positive side in an ugly market sell off. These stock have all been [...] > read more

Is Coal Heating Up?

Published on 2012-05-14 09:58:50

One of the worst performing industry groups in 2012 has been the coal sector. This sector remains in a confirmed downtrend at this time by trading well below the important daily chart 50, and 200 moving averages. Please note, while this sector has been extremely weak throughout the year many leading coal stocks are trading [...] > read more

Home-builder Stocks Show Early Relative Strength

Published on 2012-05-14 09:31:25

This morning, all of the leading home-builder stocks are showing some early strength despite the over-all stock market weakness. This industry group is displaying good intra-day relative strength and could lead the markets higher if bounces take place in the major stock indexes. Lennar Corp (NYSE:LEN) is considered to be one of the leading home-building [...] > read more

USA Consumer Sentiment: Only 25% of Households Expect Finances to Improve Soon

Published on 2012-05-13 16:29:00

USA Consumer Sentiment: Thomson Reuters / University of Michigan Americans are neither very optimistic nor very negative these days, but the Index of Consumer Sentiment inched up to a 14-month peak in April. Consumer sentiment has rebounded from the ... > read more

S&P Futures Week of 13MAY12

Published on 2012-05-13 12:52:00

13MAY12Click here to view last week's posts on ES_F. > read more

AAPL Week of 13MAY12

Published on 2012-05-13 12:15:00

13MAY12So Apple AAPL seems to still be in a range as I mentioned last week. > read more

AUDUSD Week of 13MAY12

Published on 2012-05-12 21:59:00

12MAY12Last week I mentioned that > read more

Can The Dollar Fall Enough To Save The Day?

Published on 2012-05-11 09:34:17

Once again, the U.S. Dollar Index (DX-M2) is declining lower after the opening bell rings at the New York Stock Exchange. This happens very often when the major stock indexes are breaking lower. You see, when the dollar declines everything in the stock and commodity markets will inflate and trade higher. Just the opposite will [...] > read more

On comprehensive recovery of an aftershock sequence with cross correlation

Published on 2012-05-11 03:07:00

The name of this blog > read more

What I do every day

Published on 2012-05-10 13:41:00

This picture presents > read more

Looks Like Apple VIX (VXAPL) Futures Are Coming Soon

Published on 2012-05-10 13:37:00

In case anyone missed it, I wanted to highlight a report yesterday from Reuters which quoted > read more

How To: Swing Trading The Facebook IPO

Published on 2012-05-10 12:39:03

The Facebook IPO is scheduled to debut late next week. This is possibly the most anticipated IPO since Google Inc (NASDAQ:GOOG). While the hype of Facebook makes it a high risk buy at the debut price, there are other ways to swing trade the social networking stock. Both Zynga Inc (NASDAQ:ZNGA) and Groupon Inc (NASDAQ:GRPN) [...] > read more

Transports Struggle Despite Higher Market

Published on 2012-05-10 10:39:45

One of the most important stock sectors that any trader or investor can follow is the transportation sector. Many investors will look at the transportation sector as a sign of market strength and economic expansion when the sector trades higher. On the flip side, when the transportation sector trades lower it is usually viewed as [...] > read more

Financial Stocks Lead The Rally

Published on 2012-05-10 09:38:45

This morning, all of the leading financial stocks are catching a bid higher. This is the first real bounce for this important sector in about a week. The most important financial stock in the market is J.P. Morgan Chase & Co (NYSE:JPM). This leading financial stock is is trading higher by 0.68 cents to $41.30 [...] > read more

Bullish: First Solar Starts To Show Signs Of Life

Published on 2012-05-09 11:54:48

Solar stocks have been pounded for well over a year. While most investors continue to stay away from them, the right decision may actually be to buy them now. Based on valuation levels, they are extremely attractive at current levels. First Solar, Inc. (NASDAQ:FSLR) is trading at $16.85, +0.31 (+1.87%). This is one of the [...] > read more

Upside Coming: Inverse Head And Shoulders Triggered On AAPL

Published on 2012-05-09 11:26:14

Apple Inc. (NASDAQ:AAPL) is trading higher today. The technology mega player is trading at $571.12, +2.94 (+0.52%). An inverse head and shoulder pattern has triggered on AAPL and may be telling us of further upside. While a head and shoulder pattern is bearish, an inverse head and shoulder pattern is bullish. Note the chart below. [...] > read more

Oil Services Sink Again

Published on 2012-05-09 09:45:26

This morning, all of the leading oil service stocks are declining lower with the major stock indexes. The important Market Vectors Oil Services ETF (NYSE:ARCA:OIH) has been selling off for over a week and this sector is entering short term oversold conditions; therefore, a small bounce in the next few day is possible. The OIH [...] > read more

Oil Services Sink Again

Published on 2012-05-09 09:42:26

This morning, all of the leading oil service stocks are declining lower with the major stock indexes. The important Market Vectors Oil Services ETF (NYSE:ARCA:OIH) has been selling off for over a week and this sector is entering short term oversold conditions; therefore, a small bounce in the next few day is possible. The OIH [...] > read more

The Roof Starts To Leak On The Home-builders

Published on 2012-05-08 10:05:17

All of the leading home-builder stocks are coming under heavy selling pressure today. This sector has been very strong since October 4, 2011. At the time, the leading home-builder stock Toll Brothers Inc (NYSE:TOL) was trading as low as $13.16 a share. Today, TOL stock is trading lower by 0.83 cents to $25.19 a share. [...] > read more

Retail Stocks Nose Dive Lower

Published on 2012-05-08 09:39:58

Until about four trading days ago the important retail sector was leading the industry group in the stock market.. This morning, the retail sector is leading the major stock market indexes lower. The important Market Vectors Retail HOLDRS ETF (NYSEARCA:RTH) is trading lower by 0.38 cents to $41.34. This ETF will have intra-day support around [...] > read more

Head And Shoulders: Can They Save It From Triggering

Published on 2012-05-07 11:20:41

The U.S. markets are trading flat on the day after an ugly overnight session in the S&P futures. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $136.91, -0.05 (-0.04%) after the S&P futures were down as much as 20 points overnight. This surge back was helped by the weakening Dollar and the strengthening Euro [...] > read more

Financial Stocks Keep Markets From Coming Unglued

Published on 2012-05-07 09:56:20

This morning, all of the leading financial stocks are catching a bid higher. This move in the financial stocks comes despite the sharp sell off in the overnight trading session in the futures market. The most important financial stock that any trader can follow is J.P. Morgan Chase & Co (NYSE:JPM). Today, JPM stock is [...] > read more

The Hollande Discount

Published on 2012-05-07 01:05:00

With a little more than an hour to go before the equity markets open in Europe, investors are still attempting to digest the significance of an electoral victory for Francois Hollande in France as well as a much more fragmented political scene in Greec... > read more

AUDUSD Week of 6MAY12

Published on 2012-05-06 14:13:00

6MAY12Below is the daily, weekly, and monthly chart. > read more

AUDUSD Week of 6MAY12

Published on 2012-05-06 14:13:00

6MAY12Below is the daily, weekly, and monthly chart. > read more

AAPL Week of 6MAY12

Published on 2012-05-06 13:37:00

6MAY12On the 4hr are the following fib arcs 2, 2.24, 2.5. > read more

AAPL Week of 6MAY12

Published on 2012-05-06 13:37:00

6MAY12On the 4hr are the following fib arcs 2, 2.24, 2.5. > read more

S&P Futures Week of 6MAY12

Published on 2012-05-06 00:20:00

5MAY12Happy Cinco de Mayo. > read more

When The Dollar Pops The Market Drops

Published on 2012-05-04 10:25:10

This morning, the major stock indexes have been declining since the opening bell. Often, when the major stock indexes decline the U.S. Dollar Index will come to the rescue by declining intra-day, that is not the case today. Usually, when the U.S. Dollar Index declines the major stock indexes will usually inflate and trade higher. [...] > read more

LONG TERM GLOBAL HEAD AND SHOULDERS STOCK MARKET TOP LIKELY IN PLACE

Published on 2012-05-03 15:40:49

http://www.thebullbear.com/profiles/blogs/long-term-global-head-and-shoulders-top-likely-in-place > read more

Guest Columnist at The Striking Price for Barron’s: Why I Am Short Fear

Published on 2012-05-03 12:53:00

Today I am a guest columnist for The Striking Price on behalf of Steven Sears at Barron’s, weighing in with Be Greedy While Others Are Fearful. The Barron’s article is a quick summary of some of the reasons I am short fear. Essentially, I am short... > read more

Next Move: First Solar To Report Earnings

Published on 2012-05-03 12:32:03

Every trader and investor has seen the continual decline in the solar stocks in the past year. There is no other way to describe it than epic. Today, First Solar, Inc. (NASDAQ:FSLR) will report earnings. Analysts expect a profit of $0.48 per share. However, the market has priced in the whisper number of $0.29 per [...] > read more

Green Mountain Capitulates, Is It A Buy?

Published on 2012-05-03 12:16:19

Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) is getting smoked today on the back of an earnings miss and uncertain guidance going forward. The stock is trading at $25.97, -23.55 (-47.56%). The biggest volume of the day came around 12pm ET as the stock hit a low of $24.40. This is known as capitulation and usually [...] > read more

AAPL At Risk Of Erasing Earnings Pop

Published on 2012-05-03 11:38:51

Apple Inc. (NASDAQ:AAPL) is at major risk of erasing the earnings pop. The stock shot up on quarterly earnings results, jumping from $560.28 to $618.00. Since that initial pop on earnings Apple has fallen almost every day. Today, Apple is resting on the daily 50 moving average at $583.49, -2.49 (-0.42%). A close below this [...] > read more

Weak Start For The Oil Service Sector

Published on 2012-05-03 09:42:00

This morning, the oil services stocks are all weak at the start of the trading session. The important and highly followed Market Vectors Oil Services ETF (NYSE:ARCA:OIH) is trading lower by 0.32 cents to $40.54 a share. Short term traders should watch for intra-day support around the $40.15, and $39.78 levels. Some of the oil [...] > read more

CHK

Published on 2012-05-02 22:46:00

2MAY12Big swings both ways in the past few days, with a long down trend. > read more

Stock Market Jittery Over Europe, Jobs

Published on 2012-05-02 11:35:50

Stocks are trading lower today on the back of a poor ADP Private Sector Jobs Report and continued problems in Europe. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $139.96, -0.78 (-0.55%). Yesterdays ISM Manufacturing Report rallied the markets on hopes that jobs would show a better than expected increase. However, that did not [...] > read more

Mining Equipment Stocks Dig An Early Hole

Published on 2012-05-02 10:02:11

This morning, all of the leading mining equipment stocks are coming under early selling pressure. Caterpillar Inc (NYSE:CAT) is considered the leading stock in the mining equipment sector. Today, CAT stock is trading lower by $1.24 to $100.87 a share. Short term traders should watch for some intra-day support around the $100.00 and $98.00 levels. [...] > read more

An Aroon Stalemate for S&P 500 Index

Published on 2012-05-02 00:53:00

While the bias in stocks for the past three years and two months has definitely been upward, the S&P 500 index (SPX) has struggled to remain above 1400 ever since making a post-2008 high of 1422 on April 2nd. There are many ways to determine the s... > read more

The One Stock That Leads The Markets

Published on 2012-05-01 14:38:53

It is always important for traders to follow the leading stocks as an indication of where the markets may trade in the future. Generally, when the leading stocks trade higher the overall stock market indexes will trade higher. When traders talk about leading stocks they will usually talk about stocks such as Apple Inc (NASDAQ:AAPL), [...] > read more

Market Key: AAPL Has Trouble Holding Gains

Published on 2012-05-01 12:02:58

Just a couple months ago, Apple Inc. (NASDAQ:AAPL) would open higher and climb all day long. Those days are long in the past as even today, Apple finds itself struggling to keep the gains from the morning session. In dramatic fashion, the stock opened slightly higher, and surged, gaining over $12.00 on the session. However, [...] > read more

Market Spikes, Gives Great Shorting Opportunity

Published on 2012-05-01 11:26:00

The markets are spiking sharply higher today on extremely light volume. Most markets in Europe are closed today. This is like the analogy, when the cat is away, the mice will play. Light volume, no problems in Europe mean solid upside but also a great shorting opportunity for smart traders.  The SPDR S&P 500 ETF [...] > read more

BTU Heats Up

Published on 2012-04-30 14:59:51

Everyone knows that the coal sector has been extremely weak as of late. There is one leading coal stock that is catching a bid higher today and it is Peabody Energy Corp (NYSE:BTU). Today, BTU stock is trading higher by $1.01 to $31.21 a share. The stock will have intra-day resistance around the $31.60 area. [...] > read more

Daily Chart: Priceline.com Inc Tags Double Top

Published on 2012-04-30 11:53:41

Priceline.com Inc (NASDAQ:PCLN) tagged the double top on the daily chart today. This level is between $770 and $775. Double tops are known for being solid resistance points. This means it is likely that the stock will pull back off this level. Gareth Soloway InTheMoneyStocks.com > read more

Alert: Key Stock Levels On Apple Inc.

Published on 2012-04-30 11:11:55

The price action on Apple Inc. (NASDAQ:AAPL) continues to be poor. The weeks prior to earnings, Apple took a beating. After a one day mega pop on solid quarterly earnings, it is taking a beating again. Today, the iEverything company is trading at $588.59, -14.41 (-2.39%). The weakness in price action definitely speaks volumes for [...] > read more

Home-builders Stocks Hit The Roof

Published on 2012-04-30 10:02:13

Most of the leading home-builder stocks are now trading into overbought territory. When a stock or sector becomes overbought it will become susceptible to near term pullbacks. Today, most of the leading home-builder stocks are coming under early selling pressure. Toll Brothers Inc (NYSE:TOL) is considered to be the leading stock in the sector. This [...] > read more

Restaurant Get Cooked Early

Published on 2012-04-30 09:33:05

This morning, many of the leading restaurant stocks are declining lower. Chipotle Mexican Grill Inc (NYSE:CMG) has been one of the stronger restaurant stocks in the market. This leading stock sold off sharply on April 19, 2012 when it traded as high as $439.40 a share. Today, CMG stock is trading lower by $4.61 to [...] > read more

Chart of the Week: Sector Winners and Losers

Published on 2012-04-30 01:34:00

While there was a lot going on in the sector space during the rally from October to April and the pullback earlier in the month, I have yet to see any sort of detailed explanation of what happened during these two periods. This week’s chart of the w... > read more

S&P Futures Week of 29APR12

Published on 2012-04-29 00:24:00

28FEB12Friday's close on the 4hr/day/week/month charts were at the following fib levels: 1.618, 1.27, .786, and 1.13. > read more

AAPL week of 29APR12

Published on 2012-04-28 23:17:00

28APR12Apple AAPL had a good amount of range this past week. > read more

Weekly Options Coming on Strong

Published on 2012-04-27 10:37:00

When the CBOE made a push to expand interest in weekly options about two years ago, their efforts were initially met with a fair degree of skepticism. Over time, however, weekly options have found a dedicated following, with the CBOE “weeklys” grow... > read more

Financial Stocks Are Weak Early

Published on 2012-04-27 09:53:54

This morning, all of the leading financial stocks are declining lower. J.P. Morgan Chase & Co (NYSE:JPM) is considered the most important financial stock in the United States. This stock will often lead the major stock market indexes. Today JPM stock is trading lower by 0.39 cents to $43.40 a share. Short term traders should [...] > read more

Whither Social Media Stocks?

Published on 2012-04-26 11:40:00

Back in October 2007, sensing a little too much froth in the stock market, I created something I called the OHFdex, which began as a “watch list of Overripe High Fliers” and quickly evolved into an index designed to track 14 such stocks. When the m... > read more

Head And Shoulders Pattern Triggers On Dollar

Published on 2012-04-26 11:26:41

The PowerShares DB US Dollar Index Bullish (NYSEARCA:UUP) has a clear head and shoulders pattern on the daily chart. Head and shoulders patterns are bearish in nature and usually mean more downside for that particular chart. This pattern has triggered on the UUP which is the Dollar tracking ETF. Because the Dollar trades inverse to [...] > read more

First Solar Continues To Collapse

Published on 2012-04-25 11:45:08

First Solar, Inc. (NASDAQ:FSLR) continues to drop, even in the face of a solid rally on Wall Street. The stock is trading at $18.12 -0.52 (-2.79%). This stock broke its previous support of $20.00 on Monday and is now headed for $17.00. Once at $17.00, First Solar becomes an attractive bounce candidate. Solar stocks have [...] > read more

Cloud Stocks Fail To Float Higher

Published on 2012-04-25 09:16:06

This morning, many of the leading cloud computing stocks are failing to rally with the technology sector. This is very strange since the NASDAQ Composite is higher by 2.00 percent at the open of the session. One of the leading cloud computing stocks in the market is Salesforce.com Inc (NYSE:CRM). This stock is trading lower [...] > read more

A Brief History of Apple Earnings, in Pictures

Published on 2012-04-24 14:37:00

If a picture is worth a thousand words, then perhaps I can save quite a few keystrokes and maybe even a few tweets with the compendium below. This is a visual post, so I will keep my comments brief, except to note that the graphics below originate fro... > read more

Next 24 Hours: Markets Hold Breath For Apple And FOMC

Published on 2012-04-24 12:39:01

The markets are floating around the flat line. All eyes are focused on the after market earnings release from Apple Inc. (NASDAQ:AAPL)  and the FOMC policy statement scheduled for Wednesday. This is keeping investors very nervous as worries of an iPhone sales miss is looming large. In addition, the markets are looking for Ben Bernanke [...] > read more

Not Made Of Steel

Published on 2012-04-24 09:32:54

This morning, all of the leading steel stocks are declining despite an early stock market bounce. United States Steel Corporation (NYSE:X) is considered the leading steel stock in the sector. X stock is declining lower by $1.14 to $27.08 a share. Short term traders can watch for intra-day support around the $26.95, and $26.50 levels. [...] > read more

Natural Gas Stocks Finally Heat Up

Published on 2012-04-23 14:54:35

All of the leading natural gas stocks are catching a bid higher despite the broad stock market sell off. The natural gas stocks have been selling off sharply since mid-February. Devon Energy Corp (NYSE:DVN) is considered the best natural gas stock in the group. DVN stock is trading higher by 0.77 cents to $66.00 a [...] > read more

Riverbed Sits Above A Support Level

Published on 2012-04-23 12:38:26

Riverbed Technology, Inc. (NASDAQ:RVBD) is trading lower again today, following an ugly earnings report late last week. The stock is hovering at $19.47, -0.38 (-1.91%). Many traders and investors are wondering where the stock will finally bounce. After analyzing the chart, the price level is near and clear, $18.50. There is a major double bottom [...] > read more

IBM Hits Daily Support Level

Published on 2012-04-23 11:32:02

International Business Machines Corp. (NYSE:IBM) is trading lower today at $197.22, -2.38 (-1.19%). The stock has dropped sharply since it reported earnings. While the price action is negative, IBM has hit its first major support on the daily chart. This level is at $196.80 and can be seen on the chart below. A bounce from [...] > read more

Can The Greenback Fall Enough To Save The Markets

Published on 2012-04-23 10:34:53

Nearly every trading session when the stock market is lower the U.S. Dollar Index is higher. Well, that is certainly the case once again today. This morning, the U.S. Dollar Index futures (DX-M2) are trading higher by 0.38 cents to $79.69 per contract. While 0.38 cents does not sound like much in the U.S. Dollar [...] > read more

AUDUSD Week of 22APR12

Published on 2012-04-22 21:45:00

22APR12Below is a chart I drew last night, updated with candles since the open a few hours ago. > read more

ConocoPhillips’ share price model revisited

Published on 2012-04-22 06:59:00

Following my recent post on energy related companies and specifically on ConocoPhillips I have compiled a paper revisiting all COP models. Please follow the link to download the full text. ConocoPhillips’ share price model revisited Abstract Three ye... > read more

AAPL week of 22APR12

Published on 2012-04-21 23:49:00

22APR12A lot of selling recently has finally given this stock some movement for longer timeframe fibs and ichimoku. > read more

The Case for Selling Apple Puts

Published on 2012-04-20 11:14:00

Lately it seems as if everyone with a keyboard is aflutter about the two weeks of selling in Apple (AAPL). I was about to label this a correction, but really, which is more correct: AAPL at 644 or AAPL at 582? How about the Topeka Capital Markets analy... > read more

The Real Shark Week

Published on 2012-04-20 10:23:22

Today, is options expiration Friday. This trading week is a time when the markets will trade all over the map. There will usually be a lot of game playing in many of the popular stocks by the institutional traders. Often leading stocks such as Apple Inc (NASDAQ:AAPL), Green Mountain Coffee Roasters Inc (NASDAQ:GMCR), Netflix Inc [...] > read more

Analysis: Markets Whip In Wild Intra Day Action

Published on 2012-04-19 11:47:20

The markets are whipping between the positive and negative side in wild intra day trading. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $138.19, -0.40 (-0.29%). This wild action is a result of a decent bond auction in Spain and poor economic news in the United States. Jobless Claims came in near a four [...] > read more

The Skinny on Gold And Silver

Published on 2012-04-19 09:57:43

One of the best indicators of inflation and deflation is the action in gold and silver. When gold and silver rally it is telling us that inflation is taking hold, the opposite is true when gold and silver decline. The precious metals will usually trade inverse to the U.S. Dollar Index. This morning, the U.S. [...] > read more

Gold Miners Continue To Dig A Hole Lower

Published on 2012-04-18 14:53:04

This afternoon, all of the leading gold mining stocks are coming under selling pressure. The popular Market Vectors Gold Miners ETF Trust (NYSEARCA:GDX) is trading lower by 0.65 cents to $46.48 a share. The trend on this leading ETF remains down as the GDX price is trading below the daily chart 50, and 200 moving [...] > read more

Earnings: Chart Analysis For QCOM, VMW, YUM

Published on 2012-04-18 12:03:17

QUALCOMM, Inc. (NASDAQ:QCOM) reports earnings today. The company is expected to report $0.95-$0.99 profit per share. While the analysts have given their opinions, I find it far more accurate to analyze the charts. First, the stock has surged dramatically in 2012. It has jumped from $54.70 to a recent 52 week high of $68.87. This [...] > read more

Stocks On Shaky Ground Following Earnings

Published on 2012-04-18 11:30:29

The markets opened lower after earnings reports from International Business Machines Corp. (NYSE:IBM) and Intel Corporation (NASDAQ:INTC). Both reports were slightly shy of Wall Streets expectations. As those stocks dropped, so did the markets. While down, the markets are only hovering slightly lower with the SPDR S&P 500 ETF (NYSEARCA:SPY)  trading at $138.78, -0.31 (-0.22%). [...] > read more

Transports Looking Top Heavy

Published on 2012-04-18 09:45:39

The important and highly followed Dow Jones Transportation Index ETF (NYSEARCA:IYT) has rallied higher since April 10, 2012 when it traded as low as $90.45 a share. This morning the IYT is trading higher by 0.03 cents to $94.69 a share. This ETF looks to have very good resistance around the $95.00 to $96.00 levels. [...] > read more

AUDUSD Week of 15APR12

Published on 2012-04-17 23:39:00

17APR12 (almost 18APR)Interesting that this pair seems to be back in line with S&P futures. > read more

Resistance: Intra Day Short Level On Apple

Published on 2012-04-17 11:44:15

Apple Inc. (NASDAQ:AAPL) has surged dramatically higher today. In the first few minutes of the trading day, Apple dropped to a low of $571.91. Since then it has soared back, hovering just below $600.00. Should Apple continue to move higher, the next shorting level will for an intra day trade will be at $604.25. Gareth [...] > read more

See It Here: NASDAQ 100 Hits Technical Level, Bounces

Published on 2012-04-17 11:23:30

The markets surged higher as expected today. This was a result of a technical level hit on the NASDAQ 100 yesterday when the PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ) tagged a low of $65.25. This price happened to be the 50 moving average on the daily chart.  Based on the dramatic fall in stocks [...] > read more

Stocks and Economic Data on Upswing Despite Disappointing Manufacturing and Housing Numbers

Published on 2012-04-17 10:50:00

In many respects, today is a microcosm of the first 4 ½ months of 2012: industrial production and housing starts data fell short of expectations, yet stocks pushed higher regardless. This is the third year I have been periodically publishing some pro... > read more

Home Depot & Lowes Finally Pause

Published on 2012-04-17 09:50:04

The two leading home improvement retail stocks are finally retreating today. The Home Depot Inc (NYSE:HD) and Lowe’s Companies Inc (NYSE:LOW) are trading slightly lower on the session after making new 52 week highs yesterday. Both of these stocks remain above the daily chart 50, and 200 moving averages which indicate a strong technical chart [...] > read more

Falling U.S. Dollar Saves The Markets Again

Published on 2012-04-16 14:42:33

The most important chart that anyone can follow is a chart of the U.S. Dollar Index. The major stock indexes and most leading commodities will usually trade inverse to the world’s reserve currency. For over ten years now the general stock market direction has moved opposite or inverse to the U.S. Dollar Index. This morning, [...] > read more

How To Trade It: Technology Tumbles, Europe Fears Go

Published on 2012-04-16 12:12:15

The markets opened nicely higher only to get slammed once again. Last week the markets saw their largest decline of 2012. The down cycle called by Chief Market Strategists at InTheMoneyStocks is fully in play. European worries continue to increase and technology has seen a sharp pull back from its recent highs. Spanish yields surged [...] > read more

Beware Of The Dow Jones Industrial Average Lead Rally

Published on 2012-04-16 09:52:16

This morning, most of the leading stocks in the Dow Jones Industrial Average (DJIA) are trading higher. Traders must remember that the DJIA is a price cap weighted index unlike the S&P 500 Index and NASDAQ Composite which are market cap weighted indexes. When a price cap weighted index trades higher it will usually signal [...] > read more

Chart of the Week: Don’t Blame China

Published on 2012-04-15 18:13:00

Last week’s financial headlines were dominated by Spain and China. In the case of Spain, this was largely due to increased borrowing by Spanish banks from the European Central Bank. For China the culprit was Q1 GDP growth of only 8.1%, which was down... > read more

S&P Futures week of 15APR12

Published on 2012-04-15 00:56:00

15APR12 (still 14APR12 in some places)Below is an hourly look with the ichimoku study. > read more

Baker Hughes is likely undervalued

Published on 2012-04-14 11:54:00

The evolution of Baker Hughes (NYSE: BHI) share price can be predicted quantitatively. Energy category of the S&P 500 list contains many companies linked to various types of energy production and services. BHI supplies oilfield services, products... > read more

Noble Energy is likely driven by natural gas

Published on 2012-04-14 09:21:00

In this article, we quantitatively predict the evolution of Noble Energy (NYSE: NBL) share price. As for other companies from Energy category of the S&P 500 list, one may assume that its share price is driven by the change in some energy-related ... > read more

EOG Resources is driven by natural gas and oil

Published on 2012-04-14 08:24:00

Here we model the evolution of EOG Resources (NYSE: EOG) share price. Imagine that you have to predict (describe) the evolution of a share price for a company from Energy sector. A natural first guess is that this share price is driven by the change ... > read more

Banco Santander Finally Tackles One Huge Problem: Its Ticker

Published on 2012-04-13 11:21:00

With Spain firmly in the crosshairs of Act N+1 of the European sovereign debt crisis, it was with great comfort that I noted yesterday’s announcement from Spain’s largest and most important bank, Banco Santander (STD), that the company was finally ... > read more

Retail Stocks Slip With Indexes

Published on 2012-04-13 09:48:06

This morning, many of the leading retail stocks are declining lower to start the session. The important Merrill Lynch Retail HOLDRS ETF (NYSEARCA:RTH) is declining lower by 0.20 cents to $41.28 a share. This ETF will have intra-day support around the $41.25, and $40.93 levels. The daily chart for the RTH is still trading above [...] > read more

Buying SVXY Calls when the VIX Spikes

Published on 2012-04-12 13:18:00

Based upon some of the emails I have received this week, it appears that a number of readers have been focused on buying some of the inverse VIX ETPs, notably XIV and SVXY, when they saw the VIX spike. Some have preferred shorting VXX, TVIX and UVXY, b... > read more

Rally Today: Market Preps For Major Earnings And Data

Published on 2012-04-12 11:00:49

Stocks are jumping for the second day in a row. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $138.42, +1.52 (+1.11%). This strong move up is coming prior to major economic and earnings news in the next 24 hours. Today, after the markets close, Google Inc (NASDAQ:GOOG) will report earnings. Wall Street estimates expect [...] > read more

McDonald’s Gets Fried

Published on 2012-04-12 10:05:08

This morning, the leading fast food stock McDonald’s Corp (NYSE:MCD) is trading lower by $1.06 to $97.50 a share. This leading restaurant stock is one of the only stocks in the sector to decline while the major stock indexes are rallying higher. Short term traders should watch for intra-day support around the $97.00 area. The [...] > read more

Gasoline On The Rise

Published on 2012-04-12 09:39:52

Once again, the United States Gasoline Fund (NYSEARCA:UGA) is trading higher by 0.60 cents to $57.13 a share. Last week, the UGA pulled back after making a new three year high at $58.88 a share. The recent pullback in the UGA also occurred as the major stock indexes sold off. This tells us that the [...] > read more

Predicting the Oracle of Omaha

Published on 2012-04-12 03:17:00

It is great pleasure to quantitatively assess the future of Berkshire Hathaway (NYSE: BRK-B). The Oracle of Omaha is considered as one of the greatest investors. Here we would like to introduce a deterministic model for a BRK-B share price. Berkshire H... > read more

Wal-Mart Is The Only Leading Retailer That Is Down Today

Published on 2012-04-11 14:45:29

This afternoon, all of the leading retail stocks are trading higher on the session. The Merrill Lynch Retail HOLDRS ETF (NYSEARCA:RTH) is trading higher by 0.47 cents to $41.07 a share. This signals that most retail stocks are trading higher today. Other leading retail stocks such as Target Corporation (NYSE:TGT), Big Lots, Inc. (NYSE:BIG), and [...] > read more

Stock Market Analysis: Insight From A Pro

Published on 2012-04-11 11:18:40

The markets are having a solid snap back rally. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $137.08, +1.24 (+0.91%).  A bounce like today is largely expected by intelligent investors as the buy the dip mentality is still alive and well. In addition, European markets did close higher on the day, thus giving the [...] > read more

Bonds Dip As Stocks Rally

Published on 2012-04-11 10:06:03

This morning, the 10 and 30 year U.S. Treasuries are declining lower. The fall in the bond market comes as stocks soar higher and fear in the marketplace fades. Traders can easily watch a chart of the iShares Barclays 20+ Yr Treasury Bond (ETF) (NYSEARCA:TLT), and the iShares Barclays 7-10 Year Treasury Bond Fund (NYSEARCA:IEF) [...] > read more

Storms In The Cloud

Published on 2012-04-11 09:38:39

This morning, some of the leading cloud computing stocks are coming under selling pressure. Leading cloud computing stocks such as F5 Networks, Inc.(NASDAQ:FFIV), and VMware, Inc.(NYSE:VMW) are leading the cloud computing sell off. Both of these stocks have already bounced off of the morning lows. It is important to note that most of the leading [...] > read more

Performance of VIX ETP Hedges in Current Selloff

Published on 2012-04-11 00:43:00

It was only a week ago that I discussed the performance of 31 VIX and volatility-based exchange-traded products in VIX ETP Returns for Q1 2012 and barely a month ago that I examined in some detail the workings of two VIX ETPs, VQT and XVZ, in Dynamic V... > read more

USA Consumer Sentiment Rises to 13-Month Peak, Overcomes High Gasoline Prices

Published on 2012-04-10 15:37:00

USA Consumer Sentiment: Thomson Reuters / University of MichiganIndex of Consumer Sentiment The Reuters / University of Michigan Index of Consumer Sentiment in March 2012 increased +0.9 to 76.2, a 13-month high, and continues above the 2011 average of ... > read more

Gold Stands Out With Blood In The Street

Published on 2012-04-10 15:02:23

This afternoon, almost every major stock market index is trading lower on the session. Traders and investors are experiencing a very rare broad based decline. The one sector that is showing strength today is gold and the gold mining stocks. The SPDR Gold Trust (NYSEARCA:GLD) is actually trading higher by $1.88 to $161.25 a share. [...] > read more

How deep the S&P 500 will fall?

Published on 2012-04-10 14:24:00

Several days ago we predicted the current fall in the S&P 500 index. For this reason, we did not enter the stock market and instead invested in a defensive portfolio. We are waiting the level of 1350. > read more

Europe Erupts As Cycle Call Nailed Perfectly

Published on 2012-04-10 12:10:36

After months of calculations and proprietary chart analysis, Chief Market Strategists discovered a cycle pivot point in the market. This pivot cycle date would begin the demise of the current bull raid on Wall Street. It was stated to members that the cycle would have a ’rounded top’, then a sharp rollover. This current market [...] > read more

Transports Sink Lower

Published on 2012-04-10 09:50:54

All of the leading transportation stocks are coming under early selling pressure. The iShares Dow Jones Transport Average (ETF) (NYSEARCA:IYT) is trading lower by 41.00 to $91.52 a share. Yesterday, the IYT sold off sharply lower; today the important sector ETF is continuing to fall at the start of the day. Short term traders should [...] > read more

Integrated Energy Has No Steam

Published on 2012-04-10 09:19:56

This morning, the leading integrated energy stocks are all declining to start the day. Chevron Corp (NYSE:CVX) is the largest energy stock in the Dow Jones Industrial Average (DJIA) which is a price cap weighted index. CVX stock is trading lower by 0.63 cents to 102.84 a share. Short term traders should watch for intra-day [...] > read more

Markets Drop Sharply As Cycle Plays Out Perfectly

Published on 2012-04-09 11:14:04

The markets are selling sharply today. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $137.94, -1.84 (-1.32%). This drop is mostly a result of the Non Farm Payrolls data from Friday. It showed far less jobs created in the month of March. The markets were closed on Friday, thus the reaction today. In addition, [...] > read more

Gold Remains Brittle In The Near Term

Published on 2012-04-09 09:15:57

This morning, most of the leading gold and gold mining indexes are trading higher to start the day. As you may know, the gold sector has been extremely weak since late February 2012. At that time, the highly popular SPDR Gold Shares (NYSE:GLD) were trading as high as $174.00 a share. Today, the GLD is [...] > read more

E-Mini S&P 500 Futures Fall 1.4% on Disappointing Nonfarm Payrolls

Published on 2012-04-06 13:07:00

In case you missed it earlier this morning, after a nonfarm payrolls report that indicated 120,000 jobs were created in March, approximately 80,000 short of consensus expectations, equity futures fell approximately 1.4%, with the E-mini S&P 500 fut... > read more

Anadarko Petroleum will follow oil price

Published on 2012-04-06 05:21:00

The evolution of Anadarko Petroleum’s (NYSE: APC) share price is of interest since it is different from that demonstrated by Apache (APA) which is presented in our previous article. > read more

The Only Financial Stock That Matters

Published on 2012-04-05 10:18:11

In 2012, the financial stocks have lead the stock markets higher. Most of the leading stocks in the financial sector still remain in a daily uptrend. This is very evident when traders are viewing the Financial Select Sector SPDR (ETF) (NYSEARCA:XLF). The XLF is clearly trading above the 50, and 200 daily chart moving averages [...] > read more

Coal Mining Stocks Still Look Cooked

Published on 2012-04-05 09:37:52

This morning, many of the leading coal mining stocks are catching a small bid higher. This important sector has been very weak throughout 2012. The important coal sector is severely oversold in the near term, therefore, a short term bounce is very possible. Unfortunately, all of the leading stocks in the coal sector remain in [...] > read more

What is a better investment Apache or ConocoPhillips? An academic model

Published on 2012-04-05 04:19:00

Here we model the evolution of Apache (NYSE: APA) share price and evaluate its current level relative to that predicted by our pricing model. We also compare the APA model and the ConocoPhillips (COP) model in order to evaluate their relative performan... > read more

Casino Stocks Are Still Trading Like Chinese ADR’s

Published on 2012-04-04 14:59:43

This afternoon, all of the leading casino stocks are trading lower with the major stock market indexes. The leading casino stocks are still generating good revenue from the Macao market. Many traders are waiting to see if the casino stocks will start trading like a U.S. stock instead of trading like a Chinese ADR. A [...] > read more

VIX Premium to SPX Historical Volatility at Record High in Q1

Published on 2012-04-04 13:38:00

Back in September 2010, in VIX and Historical Volatility Settling Back into Normal Range, I presented an earlier version of the chart below to explain that in spite of the protestations of the time, the relationship between the VIX and historical volat... > read more

Akamai Bucks The Early Trend

Published on 2012-04-04 09:23:22

This morning, most of the leading stocks in the technology sector are declining lower. Even the mighty Apple Inc (NASDAQ:AAPL) is trading lower by $5.44 to 623.90 a share. Other tech leaders such as Google Inc (NASDAQ:GOOG), Amazon Inc (NASDAQ:AMZN), and Qualcomm Inc (NASDAQ:QCOM) are all coming under early selling pressure. The one tech stock [...] > read more

When The Greenback Pops The Rally Stops

Published on 2012-04-03 15:14:05

Nearly every trading day the U.S. Dollar Index futures (DX-M2) will pullback or decline when the index trades higher before the opening bell. As you may know, when the U.S. Dollar Index declines the major stock indexes will usually rally and trade higher. The opposite is true when the dollar rallies as the major stock [...] > read more

VIX ETP Returns for Q1 2012

Published on 2012-04-03 12:20:00

Back in my consulting days, I convinced myself that there were rare instances when an ugly chart crammed full of data should take precedence over a clean and simple graphic that focused on the key takeaways. For my purposes at least, the graphic below,... > read more

Today: Master Analysis On The Stock Market

Published on 2012-04-03 11:56:48

The markets are slowly selling off today. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $141.15, -0.64 (-0.45%). This is coming on the heels of a solid rally yesterday, to start the week. The previous Monday also saw a rally as Ben Bernanke gave major hope for QE3. The markets do have some intriguing [...] > read more

Energy Stocks Retreat

Published on 2012-04-03 09:58:36

All of the leading energy stocks are declining lower this morning. The popular and highly followed Energy Select Sector SPDR ETF (NYSEARCA:XLE) is trading lower by 0.37 cents to $72.05 a share. Short term traders should watch for intra-day support around the $71.50 and $71.00 levels. Most of the leading energy stocks that are coming [...] > read more

Railroad Stocks Head South Early

Published on 2012-04-03 09:25:41

This morning, the important transportation index is trading slightly lower to start the day. The ishares Dow Jones Transportation ETF (NYSEARCA:IYT) is declining lower by 0.11 cents to $94.47 a share. Short term traders should watch for intra-day support around the $94.13 and $93.20 levels. The railroad stocks are leading the decline in the transportation [...] > read more

TVIX Premium to Indicative Value Creeping Back Up…

Published on 2012-04-02 17:59:00

If you thought the TVIX (VelocityShares Daily 2x VIX Short-Term ETN) story was behind us, you might want to think again. No, I am not talking about the recent news that FINRA is “looking at the events and trading” associated with TVIX and more gen... > read more

Gasoline Stays Ignited

Published on 2012-04-02 14:55:50

This afternoon, the United States Gasoline Fund (NYSEARCA:UGA) is trading higher by $1.12 to $58.28 a share. Last week, on Mach 23, 2012 the UGA made a new 52 week high at $58.63 a share. The current pattern on the daily chart of the UGA remains very strong at this time. The next major resistance [...] > read more

Markets Hit 52 Week, But Appear Much Like Last Monday

Published on 2012-04-02 11:36:41

The SPDR S&P 500 ETF (NYSEARCA:SPY) is pushing through a double top from last week at $141.86, +1.14 (+0.81%). This is a new 52 week high, a level not seen since 2008 in the markets. Today was expected to be a standard float higher in the markets. This was based on the first day in [...] > read more

Metals Rally As Dollar Fades

Published on 2012-04-02 09:45:38

Generally, the leading industrial, and precious metal stocks will be the first equities to catch a bid when the U.S. Dollar Index declines intra-day. This morning, traders can easily see how the SPDR Gold Trust (ETF) (NYSEARCA:GLD), ProShares Ultra Silver (ETF) (NYSEARCA:AGQ), and the PowerShares DB Gold Double Long ETN (NYSEARCA:DGP) are all catching an [...] > read more

EVALS Update and a Look Under the Hood

Published on 2012-04-01 15:32:00

I have fielded so many questions about EVALS that I finally decided to put up a summary post that discusses various aspects of the mechanics of the EVALS model portfolio as well as some performance data. In EVALS Q1 2012 Update, I address such issues a... > read more

Safeway is slightly overvalued

Published on 2012-04-01 07:40:00

Here we model another company from the S&P 500 list. > read more

Northeast Utilities will stay at $37 per share in Q2 2012

Published on 2012-04-01 03:41:00

We have presented quite a few pricing models for energy companies (ConocoPhillips, Exxon Mobil, Devon Energy, Chevron, and Chesapeake among many others) because of their clear relation to consumer and producer indices of energy. For different S&P... > read more

USA Consumer Confidence Dips on Dampened Short-Term Outlook

Published on 2012-03-31 18:20:00

The Conference Board: Consumer Confidence IndexUSA Consumer Confidence The March 2012 Consumer Confidence Index dipped -1.4 to 70.2 (preliminary), still relatively positive. The post-recession high has been 72.0 in February 2011. This reading is well a... > read more

GeoResources is highly overvalued

Published on 2012-03-31 13:45:00

We have just discussed in our previous article the price evolution of Newfield Exploration Company and found that its current share price is highly undervalued relative to the fundamental price level. > read more

Newfield Exploration Company is highly undervalued

Published on 2012-03-31 10:25:00

In our previous articles on the Seeking Alpha [1, 2, 3] we demonstrated that the evolution of ConocoPhillips (NYSE: COP) share price can be accurately described by a model based on the share price decomposition into a weighted sum of individual consu... > read more

Why Not Point Hedges?

Published on 2012-03-30 13:28:00

When most people think of hedges, they think in broad terms like hedging an entire long equity portfolio with SPX/SPY puts or VIX calls or some similar product. The thinking is typically that it is better to have broad-based protection against a bear m... > read more

Is The Foundation Cracking In The Home-builder Stocks?

Published on 2012-03-30 10:01:46

This morning, most of the leading home-builder stocks are coming under early selling pressure. This important stock sector has surged higher since the October 4, 2011 stock market low. Toll Brothers Inc (NYSE:TOL) is one the most followed and traded home-builders that any trader or investor can track. This stock caters to the more affluent [...] > read more

Cameron International share price

Published on 2012-03-30 04:34:00

Following our approach to share pricing of energy companies we present a model for Cameron International (NYSE: CAM). As always, the CAM model is based on our general concept that the evolution of any share price can be decomposed into a weighted sum (... > read more

New Single Day High in ISEE Equities Only Index on Monday

Published on 2012-03-29 12:41:00

Lost in all the hoopla over the VelocityShares Daily 2x VIX Short-Term ETN (TVIX) was a historic event in the options and market sentiment world on Monday: a new single day high in the ISEE equities only call to put ratio. To recap for those who may n... > read more

Keys: Apple And JPMorgan Start To Break Down

Published on 2012-03-29 11:00:55

The market has had one of its biggest non stop rallies in history. This quarter is the best first quarter of any year since 1998. The reasons for the markets success rely purely on the performance of two key stocks, Apple Inc. (NASDAQ:AAPL) and JPMorgan Chase & Co. (NYSE:JPM). Even yesterday, the markets trimmed their [...] > read more

Retail Stocks Feel The Heat

Published on 2012-03-29 10:05:43

The leading retail sector has been surprisingly strong despite the high price of gasoline in the United States. The Market Vectors Retail ETF (NYSEARCA:RTH) is finally declining this morning. The important and highly followed RTH is trading lower by 0.34 cents to $41.74 a share. Short term traders should watch for intra-day support around the [...] > read more

Steel Could Continue To Melt

Published on 2012-03-29 09:39:05

This morning, most of the leading steel stocks are trading slightly lower on the session. The important steel sector has been declining since March 19, 2012. The sector still looks as if it can have further downside in the near term before any meaningful bounce can take place. The leading steel stock that most traders [...] > read more

ConocoPhillips share price since 1982

Published on 2012-03-29 07:08:00

One of the commenters made a good remark that any quantitative model fails to predict for extended periods. In other words, the commenter doubts that our concept is valid and is able to provide an accurate description when the modeling period is extend... > read more

Another Spike in VXX Volume

Published on 2012-03-29 02:10:00

Looking the history of the volume spikes in the iPath S&P 500 VIX Short-Term Futures ETN (VXX) is a lot like looking at the history of market sentiment, contrarian thinking and psychology. Since its launch in January 2009, VXX has been responsible... > read more

Too Big To Fail Is Too Big To Fall

Published on 2012-03-28 14:53:20

This afternoon, all of the large major bank stocks are holding up despite the sharp decline in the major stock indexes. Leading bank stocks such as JPMorgan Chase & Co. (NYSE:JPM), Citigroup Inc. (NYSE:C), Bank of America Corp (NYSE:BAC), and Wells Fargo & Company (NYSE:WFC) are actually trading positive today by a few pennies. If [...] > read more

Stocks Retreat As Bernanke Bullets Turn To Rubber

Published on 2012-03-28 12:14:50

The Bernanke Effect is wearing off. Monday, Federal Reserve Chief Ben Bernanke gave the markets a positive statement towards more quantitative easing. The markets roared sharply higher, making new 52 week highs. However, with the markets trading up 30% since the lows of late 2011 it was short lived. In addition, Ben Bernanke has done [...] > read more

The Falling Energy Sector Has Minor Effect On Indexes

Published on 2012-03-28 10:30:52

The important energy sector has been declining lower since February 24, 2012. Traders can easily see how the Energy Select Sector SPDR (ETF) (NYSEARCA:XLE) has rolled over since that time. The XLE is now trading below the important daily chart 50 moving average. This formation puts the XLE in a weak technical chart position. Traders [...] > read more

Agriculture Stocks Fail To Sprout Early

Published on 2012-03-28 09:30:50

This morning, the leading agriculture stocks are coming under some early selling pressure. This important sector has been very range bound over the past three months. Potash Corp./Saskatchewan (USA (NYSE:POT) is considered one the best stocks in the sector. Today, the stock is declining lower 0.53 cents to to 45.94 a share. Short term traders [...] > read more

VXX, VXZ, XIV and ZIV During Eleven Months of a Sideways VIX

Published on 2012-03-28 01:03:00

The VIX closed at 15.59 today, just 0.03 points lower than the close of 15.62 on April 26, 2011, some eleven months ago. From a long-term perspective, not much has happened with the VIX, but for those who have ridden the volatility roller coaster up a... > read more

Gold Mining Stocks Continue To Sink

Published on 2012-03-27 14:57:33

The leading gold mining stocks have been declining lower since February 29, 2011. At that time, the Market Vectors Gold Miners ETF (NYSEARCA:GDX) was trading as high as $57.91 a share. This afternoon, the popular GDX is trading lower by 0.73 cents to $49.90 a share. This leading gold mining ETF is now trading below [...] > read more

Comparing and modeling Chesapeake Energy and Chevron prices

Published on 2012-03-27 14:22:00

It is difficult to deny that there exist general feelings of oil as a driver of economic growth. My own experience shows that any visible market analyst does not miss any opportunity to comment of changing oil price. An intriguing thing about these com... > read more

Options on UVXY and SVXY Open Up New VIX ETP Trading Approaches

Published on 2012-03-27 11:48:00

Whether or not I find it useful to flog the wounded horse otherwise known as the VelocityShares Daily 2x VIX Short-Term ETN (TVIX), it seems as if investors and the media insist that the wild and crazy story of this +2x VIX futures ETN remain on the fr... > read more

Markets Float After Bernanke Pump Rally

Published on 2012-03-27 11:25:04

The markets are floating flat on the trading day. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $141.53, -0.08 (-0.06%). Yesterday, Ben Bernanke pumped the markets with talk of more QE (quantitative easing). This sent the QE addicted markets shooting higher like a junkie excited about a fix. Apple Inc. (NASDAQ:AAPL) hit a new [...] > read more

Oil Service Stocks Are Still Struggling

Published on 2012-03-27 10:05:54

This morning, the leading oil service stocks are still trading lower despite the recent stock market rally. The Market Vectors Oil Services ETF (NYSEARCA:OIH) is trading lower by 0.56 cents to $41.22 a share. The OIH should have short term intra-day support around the $41.00, and $40.50 levels. Some leading oil service stocks that are [...] > read more

Transports Continue To Give Mixed Signals

Published on 2012-03-27 09:43:34

The Dow Jones Transportation ETF (NYSEARCA:IYT) is one of the most important charts that any trader can follow. Many investors believe that the transportation index should lead or confirm the Dow Jones Industrial Average in order for the markets to continue to climb. Lately, the IYT has pulled back from it recent high made on [...] > read more

USA Consumer Sentiment Dips on Rising Gasoline Prices

Published on 2012-03-26 19:08:00

USA Consumer Sentiment: Thomson Reuters / University of MichiganIndex of Consumer Sentiment The Reuters / University of Michigan Index of Consumer Sentiment in February 2012 dipped -1.0 to 74.3, which continues above the 2011 average of 67.4. The Index... > read more

Q&A: VXX Declines, Yet April 20 Calls Rise

Published on 2012-03-26 13:28:00

A reader asked earlier today: Can you explain to a newbie why VXX is down 1.05 today yet the April 20 calls are up .05? This is a great question and one which I receive in one form or another on a regular basis. While there are a number of varia... > read more

If You Control The Dollar You Control The World

Published on 2012-03-26 09:57:27

This morning, the U.S. Dollar Index topped out around 4:30 am EST. This was the same exact time that the S&P 500 Index e-mini futures (ES-M2) bottomed out. Traders can easily see how these two indexes continue to trade inverse to each other. When the U.S. Dollar is devalued it will inflate asset prices around [...] > read more

S&P Futures Overnight

Published on 2012-03-13 22:56:00

13MAR12Here's�a couple bearish patterns for S&P futures.� Sorry bears�if it looks like more upside, but technically these are "bearish" harmonics: Bearish butterfly (CD leg potentially going out to 3.14 fib arc) on the�left and ... > read more

A VIX of 15!?! Meet the New Reality

Published on 2012-03-13 14:32:00

When the VIX recently slid below 20.00 for an extended period, I sensed a noticeable unease about the state of the market in many traders and investors. Clearly a sub-20 VIX was underestimating the risks in the current and future market environment, th... > read more

Markets Advance On Hopes Of Federal Reserve

Published on 2012-03-13 11:16:00

The markets are moving nicely higher ahead of the FOMC Policy Statement at 2:15pm ET. The SPDR S&P 500 ETF (NYSEARCA:SPY)  is trading at $138.83, +1.25 (+0.91%). All eyes and ears are waiting to see and hear if interest rates will truly remain low through 2014. In addition, the market continues to hold onto hope [...] > read more

Bank of America: may fall below $5

Published on 2012-03-13 10:01:00

Four months ago we presented a share price model for Bank of America (NYSE: BAC) and predicted its share falling below zero (an important step to bankruptcy). Seeking Alpha published two years ago our academic model of bankruptcy which foresaw Lehman B... > read more

Bank of America: may fall below $5

Published on 2012-03-13 10:01:00

Four months ago we presented a share price model for Bank of America (NYSE: BAC) and predicted its share falling below zero (an important step to bankruptcy). Seeking Alpha published two years ago our academic model of bankruptcy which foresaw Lehman B... > read more

Gasoline Remains On Fire

Published on 2012-03-13 09:24:08

This morning, the United States Gasoline Fund (NYSEARCA:UGA) is trading higher by 0.08 cents to $57.19 a share. The UGA is just $1.00 shy of last weeks 52 week high of $58.16 a share. Short term traders should watch for intra-day resistance around the $57.50 area. Should the UGA pullback intra-day, the $56.80 level will [...] > read more

Hewlett Packard : a slight negative correction

Published on 2012-03-13 09:10:00

A month ago we presented a quarterly report of the performance of our share price model for Hewlett Packard (NYSE:HPQ). This company provides a good example of a successful share price prediction at a several month horizon.� We have already publis... > read more

Hewlett Packard : a slight negative correction

Published on 2012-03-13 09:10:00

A month ago we presented a quarterly report of the performance of our share price model for Hewlett Packard (NYSE:HPQ). This company provides a good example of a successful share price prediction at a several month horizon.� We have already publis... > read more

Chinese Internet Stocks Signal Trouble

Published on 2012-03-12 14:55:53

This afternoon, many of the leading Chinese internet stocks are coming under some distribution. Last night, China reported some economic data that was below analysts expectations. This tells us that the world’s hottest economy could be cooling off. Any slowdown in China could be problematic for the global economy. Sina Corp (NASDAQ:SINA) is a leading [...] > read more

Market Update From An Elite Pro

Published on 2012-03-12 13:15:11

General Market Update Stocks are flat on the session as volume is extremely light. Not only was there no earth shattering news over the weekend but all eyes are now focused on the FOMC Policy Meeting this week. This is making for a market that will end neutral to higher. Key Stocks Leading Again Apple [...] > read more

Oil Services Drip Lower

Published on 2012-03-12 09:54:55

The popular and highly traded Market Vectors Oil Services ETF (NYSEARCA:OIH) is trading lower by 0.71 cents to $42.39 a share. Short term traders should watch for intra-day support around the $42.18, $41.90, and $41.30 levels. The daily chart of the OIH will have support around the $40.75 area. Some leading oil service stocks that [...] > read more

European Debt Crisis: Here Is The Trade

Published on 2012-03-12 09:31:59

Many of the leading European banks are now diverging from the U.S. banks, this tells us that the European debt crisis is far from over. In this Weekly Market Report we will examine three leading European banks using daily charts. The stocks discussed in this report are all trading under the daily chart 200 moving [...] > read more

Financial Stocks Start Lower

Published on 2012-03-12 09:17:47

This morning, all of the leading financial stocks are struggling to catch a bid higher. The Financial Select Sector SPDR ETF (NYSEARCA:XLF) is trading lower by 0.05 cents to $14.85 a share. Traders should watch for intra-day support around the $14.75, and $14.60 levels. The daily chart of the XLF remains in an uptrend and [...] > read more

Economic Data vs. Expectations: Stocks and Employment Data Rallying Since October

Published on 2012-03-11 18:16:00

Five weeks ago, in Economic Data: Divergence or Confirmation for Stocks? I looked at some of the disappointing January economic numbers and wondered if these were outliers that the market should ignore or an indication that the economy was losing some ... > read more

Exxon Mobil is on rise

Published on 2012-03-11 05:05:00

Exxon Mobil (NYSE: XOM) is one of the biggest companies. Its share price influences not only other oil companies but also the S&P 500 index itself. Here we introduce a simple share pricing model for Exxon Mobil, which foresees its price at a three ... > read more

Harris Corporation: a negative correction is expected

Published on 2012-03-11 01:50:00

After Pitney Bowes (PBI), we would like to present a deterministic price model for a technology company from the S&P 500 list.� This time we present a company from technology category – Harris Corporation (NYSE: HRS) which “operates as a... > read more

New Highs Coming in Market Indices

Published on 2012-03-10 14:06:50

IWM is the ETF for the Russell 2000 Index.  The Russell is a leading indicator for the stock market, since speculative money tends to move in and out of small cap stocks first. Below is a Friday’s daily chart of the IWM.  Look at the beautiful parallel bullish channel that just bottomed with the recent [...] > read more

Pitney Bowes shares on decline

Published on 2012-03-10 13:42:00

We would like to introduce another deterministic model for a share price from the S&P 500 index.� This time we present a company from consumer goods category - Pitney Bowes (NYSE: PBI) which “provides software, hardware, and services to enab... > read more

AUDUSD outlook

Published on 2012-03-10 11:39:00

Australian Dollar US Dollar pair10MAR12I've been charting this pair as a correlation with US markets.� On the left is the weekly and the right is 4hr.� Something I've noticed about currency pairs is that they seem to fit the harmonic patterns... > read more

Genuine Parts will be rising in 2012

Published on 2012-03-10 09:53:00

We continue modeling share prices for selected companies from the S&P 500 index and here we (first time) address the stock price model for Genuine Parts (NYSE: GPC) which is a company from services sector which “distributes automotive replaceme... > read more

Employment – only marginal improvements expected

Published on 2012-03-09 12:44:00

The BLS has published a monthly “Employment Situation” report for February 2012. For establishment survey data, the BLS has estimated that “nonfarm payroll employment rose by 227,000 in February”. This is a good figure which is subject to revis... > read more

Transports Struggle To Catch A Bid

Published on 2012-03-09 09:23:12

This morning, the leading transportation stocks are having trouble catching a bid higher. A case can be made that the high price of crude will keep many of the transport stocks under pressure. The iShares Dow Jones Transportation ETF (NYSEARCA:IYT) is trading lower by 0.32 cents to $91.66 a share. Short term traders can watch [...] > read more

IMOS Breaking Out, But Implied Volatility Fails to React

Published on 2012-03-09 00:36:00

While I generally trade more ETPs than single stocks, I am always keeping an eye on what is moving in the stock world, particularly in terms of new highs, as it helps inform some of my thinking in terms of bottoms up sector analysis. One of the stocks ... > read more

Loews Corporation share price Q2 2012

Published on 2012-03-08 11:52:00

This is a report on the performance of our share price model for Loews Corporation (NYSE: L). The model is based on the decomposition into a weighted sum of two consumer price indices (selected from a larger set of CPIs), linear trend and constant; all... > read more

Stocks Perfectly Negate Biggest Sell Day Of 2012

Published on 2012-03-08 11:13:10

The market pushed higher again today. The last two trading days erased the sharp Tuesday decline. The collapse on Tuesday was the biggest point drop of 2012. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $136.76, +1.07 (0.79%). While most amateurs have regained their bullish composure, the true pro traders are still skeptical. With [...] > read more

Home-builder Stocks Try To Build A Foundation

Published on 2012-03-08 10:01:58

Most of the leading home-builder stocks are trading higher this morning. The home-builder stocks have been some of the top market leaders since the October 4, 2011 low pivot in the major indexes. The SPDR Home-builder ETF (NYSEARCA:XHB) remains in an uptrend at this time. The XHB continues to trade above the important daily chart [...] > read more

Has Exxon Mobil Run Out Of Gas?

Published on 2012-03-08 09:21:15

This morning, Exxon Mobil Corp (NYSE:XOM) is trading lower by 0.89 cents to $84.93 a share. This leading stock is not participating in the early morning stock rally. XOM stock is the second largest stock by market capitalization behind Apple Inc (NASDAQ:AAPL). In other words, XOM stock can move markets as it is a major [...] > read more

Is TVIX Now Just a More Docile UVXY?

Published on 2012-03-07 11:54:00

Today is the eleventh trading day since Credit Suisse (CS) announced a suspension of new creation units in the VelocityShares Daily 2x VIX Short-Term ETN (TVIX) after the close of the regular trading session on February 21. In the interim, all manner ... > read more

Aflac Incorporated: no change in March

Published on 2012-03-07 11:39:00

A month ago we routinely revisited the stock price model for Aflac Incorporated (AFL), which we has obtained in October 2011 using our concept of share pricing. We decompose a share price into a weighted sum of two consumer price indices. This allows ... > read more

Today: Snap Back Rally Or Bearish Consolidation

Published on 2012-03-07 11:28:39

The markets are experiencing a bounce back from the sharp drop yesterday. After falling $2.00 yesterday, the SPDR S&P 500 ETF (NYSEARCA:SPY)  is trading at $135.65, +0.98 (+0.73%). Wall Street is looking at this bounce and wondering if it is a snap back rally that will lead to new highs or just technical bounce, prior [...] > read more

Cloud Stocks Float

Published on 2012-03-07 10:03:39

This morning, all of the leading cloud computing stocks are catching a bid higher. Yesterday, the cloud computing stocks were sold off with the major stock market indexes. One of the leading cloud computing stocks that are trading higher today is Rackspace Hosting Inc (NYSE:RAX). This stock is trading higher by 0.41 cents to $51.73 [...] > read more

S&P Futures read for 6MAR12 overnight

Published on 2012-03-06 22:11:00

I'm seeing a W (i.e. bearish harmonic pattern) on the 15min chart.� Currently in the 3rd leg (BC down), there will be some support testing around 1342 with the Ichimoku cloud bottom.� My chart projection is currently based on a bounce there t... > read more

There Is Red Everywhere

Published on 2012-03-06 15:07:43

The major stock indexes are experiencing the first severe stock decline of 2012. The Dow Jones Industrial Average (DJIA) is trading lower by more than 200.0 points this afternoon to 12,750.29. The last time the DJIA closed down more than 100.0 points you have to go back to December 2011. Today’s decline is broad based [...] > read more

Markets Collapse As River Theory Shows Everywhere

Published on 2012-03-06 11:57:11

The markets are taking a beating today on the back of major worries out of Greece and the rest of the European Union. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $134.64, -2.11 (-1.54%). This is the biggest drop in the markets in almost three months. In addition, it is coming off the double [...] > read more

Prudential Financial’s share price: a negative correction is expected in March-April

Published on 2012-03-06 11:53:00

Here we model the evolution of Prudential Financial (NYSE: PRU) stock price. Prudential is a company from financial sector which provides provides various financial products and services. The model has been obtained using our concept of share prici... > read more

Putting the Current 2.6% SPX Pullback in Recent Historical Context

Published on 2012-03-06 11:46:00

Since the beginning of the current bull market – which bottomed at 666.79 exactly three years ago today – I have periodically been posting a table of the most significant pullbacks in the S&P 500 index since that March 2009 bottom. For the reco... > read more

Putting the Current 2.6% SPX Pullback in Recent Historical Context

Published on 2012-03-06 11:46:00

Since the beginning of the current bull market – which bottomed at 666.79 exactly three years ago today – I have periodically been posting a table of the most significant pullbacks in the S&P 500 index since that March 2009 bottom. For the reco... > read more

VXEEM vs. VIX Indices and Futures in Today’s Selloff

Published on 2012-03-06 10:17:00

Stocks have been eerily quiet for the first ten weeks of 2012, with only four 1% moves in the SPX so far – and all of those coming to the upside. It just so happens that the CBOE’s launch of futures and options on the CBOE Emerging Markets ETF Vol... > read more

VXEEM vs. VIX Indices and Futures in Today’s Selloff

Published on 2012-03-06 10:17:00

Stocks have been eerily quiet for the first ten weeks of 2012, with only four 1% moves in the SPX so far – and all of those coming to the upside. It just so happens that the CBOE’s launch of futures and options on the CBOE Emerging Markets ETF Vol... > read more

European Stock Indexes Slide Deep Into The Red

Published on 2012-03-06 10:07:12

All of the leading European stock indexes have been declining since the opening bell rang at the New York Stock Exchange. Fear is starting to spread in the market as many investors are expecting some European countries to need another bailout. The Institute for International Finance warned that a disorderly default by Greece would likely [...] > read more

Agriculture Stocks Get Buried

Published on 2012-03-06 09:21:48

This morning, all of the leading agriculture stocks are coming under heavy selling pressure along with the major stock market indexes. The Market Vectors Agribusiness ETF (NYSEARCA:MOO) is trading lower by $1.24 to $50.72 a share. The MOO should have some short term daily chart support around the $50.00 level. The MOO will have intra-day [...] > read more

Casino Stocks Crap Out

Published on 2012-03-05 15:00:21

This afternoon, all of the leading casino stocks are trading lower. Last night, China announced a lower growth forecast and this news could certainly be weighing on many of the large casino stocks. It is important to note that the Macau, China market has accounted for a large amount of the earnings for the casino [...] > read more

Putin proves that the Duma elections were falsified

Published on 2012-03-05 12:21:00

We wrote several posts of the falsification of the State Duma elections in December 2011. The main argument was statistical. For a fair voting process with choices driven by a multitude of factors, e.g. age, income, sex, social status, place of birth a... > read more

Markets Dragged Lower With Key Stock Setups

Published on 2012-03-05 11:19:10

The markets are seeing some selling on worries stemming from China and Europe. China lowered its growth rate to 7.5%. This is bearish for the entire globe as most advanced economies rely on China. In addition, European issues have started to bubble up again. Things with Greece are getting messy and Spain has said they [...] > read more

Australian Dollar Gets Hit Early

Published on 2012-03-05 10:19:33

This morning, the Australian Dollar is coming under some selling pressure. The AUD/USD is trading lower 0.63 percent. Short term traders should look for intra-day support around the 1.0650, 1.0625, and 1.060 levels. The daily chart of the AUD/USD will have short term daily chart support around the 1.0430 area. Traders can also play the [...] > read more

Defense Stocks Are Telling Of Major Market Events

Published on 2012-03-05 09:44:52

Defense stocks have been sneaking under the radar lately as the major stock indexes make new 52 week highs. Most investors will only take notice of these stocks when a war or some type of new conflict takes place. However, it is these stocks that will often react positive before any important military event occurs. [...] > read more

Base Metal Stocks Slide Without Greece

Published on 2012-03-05 09:23:57

This morning, all of the leading base metal stocks are declining lower. Normally, the catalyst for the weakness in the base metal stocks is the weak European markets and the problems in Greece. Today, the catalyst for the sell off in the leading base metal and commodity stocks is the weakness in the Chinese growth [...] > read more

Putin has likely got around 55%

Published on 2012-03-05 02:47:00

Putin has won. Some preliminary (and statistically sound)�results show that he has got around 55%. Max Pshenichnikov has promptly provided an intermediate version of the percentage of polling stations as a function of the share for Putin. It seems... > read more

SCLN for a Friend

Published on 2012-03-04 22:28:00

The paired chart below is monthly on the left and daily on the right.� On the monthly it looks like an M pattern is forming, either a bullish gartley or crab.� My thoughts are with a gartley since the shortened CD leg (last leg) of the M patt... > read more

SCLN for a Friend

Published on 2012-03-04 22:28:00

The paired chart below is monthly on the left and daily on the right.� On the monthly it looks like an M pattern is forming, either a bullish gartley or crab.� My thoughts are with a gartley since the shortened CD leg (last leg) of the M patt... > read more

SCLN for a Friend

Published on 2012-03-04 22:28:00

The paired chart below is monthly on the left and daily on the right.� On the monthly it looks like an M pattern is forming, either a bullish gartley or crab.� My thoughts are with a gartley since the shortened CD leg (last leg) of the M patt... > read more

SCLN for a Friend

Published on 2012-03-04 22:28:00

The paired chart below is monthly on the left and daily on the right.� On the monthly it looks like an M pattern is forming, either a bullish gartley or crab.� My thoughts are with a gartley since the shortened CD leg (last leg) of the M patt... > read more

SCLN for a Friend

Published on 2012-03-04 22:28:00

The paired chart below is monthly on the left and daily on the right.� On the monthly it looks like an M pattern is forming, either a bullish gartley or crab.� My thoughts are with a gartley since the shortened CD leg (last leg) of the M patt... > read more

SCLN for a Friend

Published on 2012-03-04 22:28:00

The paired chart below is monthly on the left and daily on the right.� On the monthly it looks like an M pattern is forming, either a bullish gartley or crab.� My thoughts are with a gartley since the shortened CD leg (last leg) of the M patt... > read more

SCLN for a Friend

Published on 2012-03-04 22:28:00

The paired chart below is monthly on the left and daily on the right.� On the monthly it looks like an M pattern is forming, either a bullish gartley or crab.� My thoughts are with a gartley since the shortened CD leg (last leg) of the M patt... > read more

SCLN for a Friend

Published on 2012-03-04 22:28:00

The paired chart below is monthly on the left and daily on the right.� On the monthly it looks like an M pattern is forming, either a bullish gartley or crab.� My thoughts are with a gartley since the shortened CD leg (last leg) of the M patt... > read more

SCLN for a Friend

Published on 2012-03-04 22:28:00

The paired chart below is monthly on the left and daily on the right.� On the monthly it looks like an M pattern is forming, either a bullish gartley or crab.� My thoughts are with a gartley since the shortened CD leg (last leg) of the M patt... > read more

Recent Research Projects and Expiring Monthly

Published on 2012-03-03 20:55:00

It occurred to me than in a recent post, Five Years of VIX and More, I neglected to mention my contributions to Expiring Monthly: The Option Traders Journal, where I tend to publish some of my proprietary research and analysis in a somewhat longer form... > read more

Economics – a balloon expanding under the pressure of vacuum

Published on 2012-03-03 13:36:00

All economists remember the years of so called “Great Moderation”. It was time when any mainstream theory (Keynesian or neoclassic) was right because they all predicted no change. The essence of conventional economics consists in the feedback loo... > read more

Abbot Laboratories’ share price

Published on 2012-03-03 06:38:00

Here we model the evolution of Abbot Laboratories’ (NYSE: ABT) stock price since July 2003. Abbot is a company from healthcare sector of the S&P 500 index. We model a share price decomposing it into a weighted sum of two consumer price indices.... > read more

Allstate Corporation’s share price

Published on 2012-03-03 04:14:00

Here we model the evolution of Allstate Corporation’s (NYSE: ALL) stock price. Allstate is a company from financial sector which is associated with “the personal property and casualty insurance, life insurance, and retirement and investment product... > read more

Allstate Corporation’s share price

Published on 2012-03-03 04:14:00

Here we model the evolution of Allstate Corporation’s (NYSE: ALL) stock price. Allstate is a company from financial sector which is associated with “the personal property and casualty insurance, life insurance, and retirement and investment product... > read more

Aon Corporation’s share price

Published on 2012-03-03 03:18:00

Here we address the first time our stock price model for Aon Corporation (AON) which is a company from financial sector and is engaged in risk management and insurance and reinsurance brokerage. The model has been obtained using our concept of share pr... > read more

Aon Corporation’s share price

Published on 2012-03-03 03:18:00

Here we address the first time our stock price model for Aon Corporation (AON) which is a company from financial sector and is engaged in risk management and insurance and reinsurance brokerage. The model has been obtained using our concept of share pr... > read more

CF trade

Published on 2012-03-02 21:48:00

The idea I had was to start using harmonic patterns with some strategies that I’ve been following for about a year now.� One twitter trader that has a simple and high probability strategy is @MarkLexus (ML).� He uses option spreads to take ... > read more

Dynamic VIX ETPs at Long-Term Hedges

Published on 2012-03-02 12:03:00

With the huge contango in the VIX futures term structure at the moment, anyone who is buying VIX options or the VIX exchange-traded products (ETPs) right now is having to pay for that contango in order to have the opportunity to capitalize on increasin... > read more

Energy Retreats Early And Here Is Why

Published on 2012-03-02 11:01:21

This morning, spot oil and many of the leading energy stocks are pulling back. As you know, oil has been surging higher since mid-December 2011. Yesterday, oil spiked higher after a false report cited a fire in a Saudi Arabian oil field. While geopolitical events and weather can effect energy prices, it is usually the [...] > read more

First Solar Key Levels

Published on 2012-03-01 12:04:44

First Solar, Inc. (NASDAQ:FSLR) is trading at $30.38, -1.92 (-5.94%). The stock continues to get hit after reporting quarterly results that did not meet expectations. While this news has sent the stock price lower, many traders are looking for the bottom. The key is to look at the chart and discover the next major support [...] > read more

The Shady Reason For A Bank Stock Surge

Published on 2012-03-01 11:50:40

Stocks are moving higher today on the back of the banking sector. Banks are surging today as the ISDA (International Swaps and Derivatives Association) decided not to declare Greece in bankruptcy. This is positive for the banks as they will not take massive losses (as of now). Ultimately, it is just a short term stay [...] > read more

How the U.S. Census Bureau fakes population data

Published on 2012-03-01 11:45:00

Selected results of the 2010 census are available now. We first analyze the age pyramid. In a series of papers we have shown that the evolution of age distribution, i.e. the rate of change of some specific age, defines the rate of real economic growt... > read more

Oil Service Stocks Are Lagging Crude

Published on 2012-03-01 10:14:33

Crude oil has been surging higher as of late. On December 16, 2011 light sweet crude was trading as low as $92.52 a share. A few days ago crude traded near $110.00 a barrel. This morning, the highly followed and traded United States Oil Fund (NYSEARCA:USO) is trading higher by 0.30 cents to $41.22 share. [...] > read more

Gold Miners Try To Dig Out Of Yesterday’s Hole

Published on 2012-03-01 09:28:10

This morning, all of the leading gold mining stocks are ticking higher. Yesterday, gold, silver, and leading mining stocks were slammed sharply lower as the U.S. Dollar Index rallied. Traders should realize that when markets stage an outside day on heavy volume it is usually an indication of lower prices to come. The popular and [...] > read more

Railroad Stocks Get Derailed

Published on 2012-02-29 14:59:08

This afternoon, the leading railroad stocks are declining lower. Traders and investors will look to the railroad stocks and the transportation stocks as an economic barometer. When this industry group declines or trades lower it is sign that things could be slowing down in the economy. The opposite is true when this sector rallies and [...] > read more

Recent TVIX Volume and VIX Futures Volume

Published on 2012-02-29 12:26:00

I managed to let a couple of days pass without mentioning the suddenly white-hot topic of the VelocityShares Daily 2x VIX Short-Term ETN (TVIX) only to discover at a Bloomberg Volatility Symposium in San Francisco last night that there appears to be an... > read more

Key Google Gap Fill Level

Published on 2012-02-29 12:11:12

Google Inc (NASDAQ:GOOG) has broken out of a range on the daily chart. This breakout has the stock on its way to a master gap fill of $640.00. This $640.00 is the close prior to the last quarterly earnings announcement by the company. For those of us that remember, it was a very disappointing earnings [...] > read more

Major Cracks Emerge As The Market Downfall Begins

Published on 2012-02-29 11:39:34

Gold and silver collapsed in epic fashion as the Dollar had a rare sharp spike intra-day. This was just one of the reasons for the market fall off new 52 week highs. In this article, I will show you why the markets are ready to fall and on the verge of a steep correction. The [...] > read more

Unemployment will drop to 7.8% by 2013

Published on 2012-02-29 10:09:00

In 2006, we developed three individual empirical relationships between the rate of unemployment, u(t), price inflation, p(t), and the change rate of labour force, LF(t), in the United States. We also built a general relationship balancing all three var... > read more

This Chart Says It All

Published on 2012-02-29 10:02:22

This morning, the U.S. Dollar Index futures (ES H2) have surged higher from the morning lows. As we all should know by now, when the dollar climbs the stock and commodity markets will deflate and trade lower. That is ecactly what we are seeing this morning as the major stock indexes such as the Powershares [...] > read more

Will High Gasoline Prices Eat Into The Restaurant Stocks?

Published on 2012-02-29 09:38:28

As we all know by now, the United States Gasoline Fund (NYSEARCA:UGA) has soared higher since December 19, 2012. At that time, the UGA was trading around the $45.50 level. Earlier this week, the UGA hit a new 52 week high at $57.22 a share before pulling back slightly. This morning, the UGA is trading [...] > read more

ETRACS Volatility ETPs

Published on 2012-02-29 01:54:00

While the likes of TVIX and UVXY have become overnight sensations during the last few weeks, one group of VIX exchange-traded products (ETPs) that continues to toil in relative obscurity is the dozen ETRACS VIX ETN that UBS launched in September 2011. ... > read more

Falling U.S. Dollar Saves The Markets Again

Published on 2012-02-28 14:50:06

Once again, the U.S. Dollar Index futures (DX H2) sold off shortly after the opening bell rang at the New York Stock Exchange. Most traders should know that when the U.S. Dollar declines the major stock and commodity indexes will inflate and trade higher. That is certainly what has happened this afternoon. Earlier today, when [...] > read more

Dow Battling 13,000 As Apple Fights Towards A Half Trillion

Published on 2012-02-28 11:36:30

The Dow Jones Industrial Average is once again battling the 13,000 level. This is the third consecutive trading day it has been above that level on an intra-day basis. The big question is, will it finally close above that master level? As it battles this level, psychologically it becomes bigger and bigger. All signals point [...] > read more

Natural Gas Stocks Feel The Heat

Published on 2012-02-28 09:50:51

All of the leading natural gas stocks are coming under some selling pressure this morning. Lower natural gas prices are definitely not helping these stocks. This morning, natural gas futures are trading lower by more than 2.50 percent. Leading natural gas stock Southwestern Energy Co (NYSE:SWN) is trading lower by $2.14 to 33.22 a share. [...] > read more

The FRB, the BEA, and the BLS lie on inflation

Published on 2012-02-28 04:29:00

Couple days ago we posted on the federal funds rate. The interest rate is defined by the Federal Reserve as a major instrument to control price inflation. Figure 1 depicts the cumulative values of effective rate, R, and the rate of consumer price infla... > read more

PPI of durable and nondurable goods

Published on 2012-02-27 13:25:00

Three years ago we presented the difference between the PPI of durable and nondurable goods and stated that one could predict its evolution at a several year horizon. This difference is characterized by the presence of sustainable mid-term trends. &nbs... > read more

Third Time The Charm For Dow 13K?

Published on 2012-02-27 12:54:30

The Dow Jones Industrial Average again pushed above 13,000 intra day. This is the third time in the last week it has happened, yet each time the market has pulled back into the 4PM ET close. The big question is being asked, is the third time the charm for the Dow? In terms of understanding [...] > read more

The Biggest VIX Spike Ever: A Retrospective

Published on 2012-02-27 12:08:00

Here is a thought experiment: when was the biggest one day VIX spike ever recorded? If you said February 27, 2007 – five years ago today – then I imagine you are in the distinct minority, even among active traders of VIX products. There were a num... > read more

Metals Not Confirming Market Strength

Published on 2012-02-27 11:45:18

The metal stocks have stalled and fallen sharply over the last few weeks, not confirming the market strength. This has to be a warning of possible economic weakness in the coming months. Look at the iPath Dow Jones-UBS Copper Subindex Total Return ETN (NYSEARCA:JJC) . This topped out in mid January and has since chopped [...] > read more

Another Buy Program Lifts The Market Off Lows

Published on 2012-02-27 11:19:36

Stocks recovered once again from an initial drop to turn positive. This has happened many times in this 2012 trading year as early selling has yielded to massive buy programs, triggered by powers most have no idea exist. The vertical nature of the move pushed the markets back to 13,000 on the Dow Jones Industrial [...] > read more

Financial Stocks Still Tell The Tale

Published on 2012-02-27 10:21:13

This morning, all of the leading financial stocks are holding up after an early morning dip. J.P. Morgan Chase & Co (NYSE:JPM) is considered the most important financial stock in the United States. As long as JPM holds up it is very difficult to see the major stock market indexes stage any meaningful decline. Traders [...] > read more

Metal And Mining Stocks Are In Play

Published on 2012-02-27 09:55:14

The leading base metal and mining stocks all started the day declining at the open. This is common to see when the U.S. Dollar Index is strong before the opening bell. Leading stocks such as Freeport McMoRan Copper & Gold Inc (NYSE:FCX), BHP Billiton Ltd (NYSE:BHP), Southern Copper Corp (NYSE:SCCO), and Vale SA (NYSE:VALE) will [...] > read more

All About UVXY

Published on 2012-02-27 01:04:00

With the media feeding frenzy surrounding the VelocityShares Daily 2x VIX Short-Term ETN (TVIX) during the past week, a similar product, the ProShares Ultra VIX Short-Term Futures ETF (UVXY), has been largely overlooked. This is unfortunate, as UVXY ha... > read more

Analysis: Chesapeake Energy Corporation’s share price

Published on 2012-02-26 10:21:00

First, we report on the performance of our pricing model linking share prices of energy companies with the difference between the headline and core CPI. In essence, we are trying to use the core CPI as an energy independent (dynamic) reference to the... > read more

Analysis: Chesapeake Energy Corporation’s share price

Published on 2012-02-26 10:21:00

First, we report on the performance of our pricing model linking share prices of energy companies with the difference between the headline and core CPI. In essence, we are trying to use the core CPI as an energy independent (dynamic) reference to the... > read more

Global Consumer Confidence Flat, Pessimistic: "Some caution for the year ahead"

Published on 2012-02-25 08:32:00

=> For Latest Updates, Visit�OspreyFlyer.com� > read more

PPI of metals

Published on 2012-02-25 06:00:00

We have been following the evolution of several price indices of metals since 2008. Our general approach is based on the presence of long-term sustainable (linear and nonlinear) trends in the evolution of the CPI and PPI in the United States. The diffe... > read more

The rate of unemployment in the UK will likely rise to 9%

Published on 2012-02-24 12:27:00

We estimated a version of Okun’s law for the UK in July 2011. We developed an integral version of Okun’s law and applied the LSQ method to estimate coefficient in : u(t) = u(t0) + bln[G/G0] + a(t-t0) �(1) where u(t) is the predicted rate of un... > read more

The Story of VIX ETPs Relative to their Intraday Indicative Values

Published on 2012-02-24 11:13:00

This week has seen an explosion of interest in the VIX exchange-traded product (ETP) space, most of which has been due to the suspension by Credit Suisse (CS) of creation units (think ‘new shares’) in the VelocityShares Daily 2x VIX Short-Term ETNs... > read more

U.S. Dollar Plummets, That Is All you Need To Know

Published on 2012-02-24 09:49:50

This morning, the U.S. Dollar Index is declining and that is helping to inflate the major stock indexes once again. Normally, energy and commodity stocks will be the first equities to inflate when the U.S. Dollar declines, however, these days everything in the market including technology stocks will inflate as soon as the U.S. Dollar [...] > read more

IBM Leads As Investors Hope For Apple Dividend

Published on 2012-02-23 11:37:40

The markets are floating higher as International Business Machines Corp. (NYSE:IBM) leads the charge. The stock is hitting new all time highs at $198.86, +4.99 (+2.57%). This is accounting for about 20 points in the Dow Jones Industrial Average on the day. It is the biggest component and is making up a majority of the Dow [...] > read more

TVIX Premium Spikes to 13%

Published on 2012-02-23 10:55:00

A little more than two hours into today’s regular trading session, the premium in TVIX is has spiked to 13.5% above its intraday indicative value. The graphic below shows the difference between TVIX and TVIX.IV over the course of the past three trad... > read more

How CPI drives the federal funds rate

Published on 2012-02-23 10:41:00

The interest rate defined by the Federal Reserve is an instrument to control inflation. Ignoring the heaps of quasi-economic lie around the effect of the monetary policy we just present some observations. �Figure 1 depicts the effective rate, R, a... > read more

The Chart That Dominates The World

Published on 2012-02-23 10:40:35

There is simply no chart in the world that is more important than the U.S. Dollar Index. The U.S. Dollar Indexmeasures the performance of the U.S. Dollar against a basket of six leading currencies including the Euro(58.6%), Japanese Yen (12.6%), Pound Sterling (11.9%), Canadian Dollar (9.1%), Swedish Krona (4.2%), and the Swiss Franc (3.6%). Traders [...] > read more

How High Can The Euro Dollar Go?

Published on 2012-02-23 09:20:48

The EUR/USD (Euro Dollar) bottomed on January 13, 2012 at 1.262 from a severely oversold technical condition. Since that time, the EUR/USD has surged sharply higher and is now trading into the 1.329 level. This type of robust rebound is very common after such a steep downdraft. In fact, the EUR/USD still could have some [...] > read more

A paradox of income inequality among young people

Published on 2012-02-23 08:54:00

We have already presented the evolution of Gini coefficient in the USA since 1994 as measured by the Census Bureau. Figure 1 depicts time series in all age groups including the youngest ones. The difference between the age group between 15 and 24 and 2... > read more

The Ups and Downs of the New Premium in TVIX

Published on 2012-02-22 11:15:00

After 2 ½ hours of trading in today’s regular session, it looks as if the market is starting to get a handle on what sort of premium is appropriate for the VelocityShares Daily 2x VIX Short-Term ETNs (TVIX). Yesterday I noted that Credit Suisse (CS... > read more

Airline Stocks Descend As Oil Soars

Published on 2012-02-22 10:07:01

All of the major airline stocks have been coming under some heavy selling pressure since early February 2012. The catalyst for the decline in the airlines sector has been the sharp increase in oil. Crude has been soaring higher by more than $100.00 a barrel since early February and this happens to coincide with the [...] > read more

Gold Miners Are Stuck In A Ditch

Published on 2012-02-22 09:26:23

This morning, all of the leading gold mining stocks seem to be under some slight selling pressure. The Market Vectors Gold Miners ETF (NYSEARCA:GDX) is trading lower this morning by 0.34 cents to $55.48 a share. The daily chart for the GDX remains very range bound at this time. The GDX has made a series [...] > read more

Credit Suisse Suspends Creation Units in TVIX: What It Means

Published on 2012-02-22 01:40:00

After today’s regular trading session, Credit Suisse (CS) announced in a brief press release that it has “temporarily suspended further issuances of the VelocityShares Daily 2x VIX Short-Term ETNs (TVIX) due to internal limits on the size of the ET... > read more

The Must Know Stock Market Analysis Of The Day

Published on 2012-02-21 11:27:09

The markets are floating higher today after an agreement was reached on a second Greek bailout. This market float is the same light volume we have seen for almost two months now, no change based on the European news.  Based on the market reaction, the bailout was fully expected and priced in. The SPDR S&P [...] > read more

An Updated Field Guide to VIX ETPs

Published on 2012-02-21 10:59:00

With the sudden success of TVIX, it seems as if the entire VIX exchange-traded product (ETP) space has a large number of new converts. Growing from just two products at the end of 2009 (VXX and VXZ) to 12 by the end of 2010 and 31 by the end of 2011, V... > read more

Gold Rush

Published on 2012-02-21 10:14:23

This morning, the precious metals are trading sharply higher. The catalyst for the advance in gold, and silver is the weaker U.S. Dollar Index, and the pledge by central banks to keep easy money available. Last night, the People Bank of China (Chinese central bank) cut reserve requirements for lenders. This is just another example [...] > read more

Gasoline On Fire

Published on 2012-02-21 09:16:48

This morning, the United States Gasoline Fund (NYSEARCA:UGA) is trading higher by 0.45 cents to $55.50 a share. This tells us that gasoline prices at the pump are going to be higher if you have not noticed already. The average price for a gallon of regular gasoline in the United States is $3.57 according to [...] > read more

Modeling Avery Dennison’s share price

Published on 2012-02-21 06:22:00

This is a regular revision of our stock pricing model as applied to Avery Dennison Corporation (AVY). We decompose the time series of a given share price into a weighted sum of two individual consumer price indices plus linear time trend and free term ... > read more

Four Key Drivers of the Price of TVIX

Published on 2012-02-21 01:31:00

TVIX (VelocityShares Daily 2x VIX Short-Term ETN) is the new rock star in the VIX exchange-traded product (ETP) space. Far from being a one-hit wonder, I predicted just two weeks after it was launched (toward the end of 2010) that “TVIX will hit a t... > read more

Modeling Exxon Mobil’s share price

Published on 2012-02-20 13:29:00

In this post, we describe the pricing model for Exxon Mobil’s (XOM) share as based on our concept of stock dependence on consumer price index. Unlike in the simplified model for ConocoPhillips’ share, which included only the core and headline CPI, ... > read more

Modeling Computer Science Corporation’s share price

Published on 2012-02-20 06:01:00

Two years ago, we first presented a share price (monthly closing price adjusted for splits and dividends) model for Computer Science Corporation (CSC) as based on the decomposition into a weighted sum of two consumer price indices (NSA borrowed from th... > read more

Modeling Pepco Holdings’ share price

Published on 2012-02-20 03:15:00

In April 2011, we introduced a new model for Pepco Holdings (POM). The defining CPI indices were as follows: the index of food away from home (SEFV) and the index of owners' equivalent rent of residence (ORPR). (See model details in Appendix). Figure 1... > read more

Will TVIX Go to Zero?

Published on 2012-02-20 00:58:00

The sudden surge of interest in TVIX (VelocityShares Daily 2x VIX Short-Term ETN) made it the most heavily traded VIX exchange-traded product (ETP) on Friday, as TVIX vaulted over the former king of the mountain, VXX. Part of the appeal of TVIX is to ... > read more

TIPS and puzzles of the CPI

Published on 2012-02-19 09:50:00

The Treasury Inflation-Protected Securities, TIPS, are inherently related to the Consumer Price Index. When using TIPS, one should understand the evolution of the CPI as related to the overall economic growth. �We have already reported on the devi... > read more

Short remark on Greek economic growth

Published on 2012-02-19 08:10:00

During the current turbulence in the EU and euro area it is instructive to assess relative rates of economic growth. It was envisaged that the EU countries will converge in the long run in a sustainable way. Three figures below demonstrate the performa... > read more

Modeling ConocoPhillips share price: annual report

Published on 2012-02-19 04:11:00

This is an annual report on the performance of our pricing model linking share prices of energy companies with the difference between the headline and core CPI and PPI. In essence, we were trying to use the core CPI (PPI) as an energy independent (dyna... > read more

The Upcoming 2012 CBOE Risk Management Conference

Published on 2012-02-19 00:57:00

Last year I had the pleasure of attending the 27th annual CBOE Risk Management Conference and wrote about that experience in The VIX Summit, a.k.a. the CBOE Risk Management Conference. Some of my comments on last year’s conference include: “I ... > read more

TVIX Topples VXX as Highest Volume VIX ETP

Published on 2012-02-17 14:57:00

With just a few minutes before the close, it is now almost certain that TVIX (VelocityShares Daily 2x VIX Short-Term ETN) is going to dethrone VXX as the most heavily traded VIX exchange-traded product (ETP), with TVIX trading 29 million shares and VXX... > read more

TVIX Topples VXX as Highest Volume VIX ETP

Published on 2012-02-17 14:57:00

With just a few minutes before the close, it is now almost certain that TVIX (VelocityShares Daily 2x VIX Short-Term ETN) is going to dethrone VXX as the most heavily traded VIX exchange-traded product (ETP), with TVIX trading 29 million shares and VXX... > read more

TVIX Topples VXX as Highest Volume VIX ETP

Published on 2012-02-17 14:57:00

With just a few minutes before the close, it is now almost certain that TVIX (VelocityShares Daily 2x VIX Short-Term ETN) is going to dethrone VXX as the most heavily traded VIX exchange-traded product (ETP), with TVIX trading 29 million shares and VXX... > read more

TVIX Topples VXX as Highest Volume VIX ETP

Published on 2012-02-17 14:57:00

With just a few minutes before the close, it is now almost certain that TVIX (VelocityShares Daily 2x VIX Short-Term ETN) is going to dethrone VXX as the most heavily traded VIX exchange-traded product (ETP), with TVIX trading 29 million shares and VXX... > read more

TVIX Topples VXX as Highest Volume VIX ETP

Published on 2012-02-17 14:57:00

With just a few minutes before the close, it is now almost certain that TVIX (VelocityShares Daily 2x VIX Short-Term ETN) is going to dethrone VXX as the most heavily traded VIX exchange-traded product (ETP), with TVIX trading 29 million shares and VXX... > read more

Labor productivity champions

Published on 2012-02-17 13:00:00

In our previous post, we have presented the evolution of labor productivity in three countries Australia, France and the United States in order to highlight strong differences between developed countries. Many years ago we explained these variations by... > read more

Gold And Silver Stuck In A Holding Pattern

Published on 2012-02-17 10:06:23

The SPDR Gold Shares (NYSEARCA:GLD) and the iShares Silver Trust (NYSEARCA:SLV) are both trading slightly lower this morning. These two precious metals will usually trade inverse to the U.S. Dollar, therefore, traders should follow the dollar closely. Short term traders can watch for intra-day support on the GLD around the $167.00, and $166.00 levels. The [...] > read more

Chinese Internet Stocks Are The Weak Link Today

Published on 2012-02-17 09:30:19

This morning, all of the leading Chinese internet stocks are declining lower. Baidu Inc (NASDAQ:BIDU) is considered the leading Chinese ADR in the market. Today, BIDU stock is trading lower by $2.83 a share. Short term traders should watch for intra-day support around the $137.00, and $135.00 levels. The daily chart is holding up fine [...] > read more

Markets Advance As Options Ex Whips Continue

Published on 2012-02-16 11:31:26

This has been a classic options expiration week. Options expiration is known for whipping up and down, taking money from call and put holders. After weeks of a market that just floated higher, this week saw major up and down moves. Even the epic stock Apple Inc. (NASDAQ:AAPL) has seen a massive rise and fall [...] > read more

Monitoring VIX Futures and Their Impact on VIX ETPs

Published on 2012-02-16 11:21:00

This morning was one of those mornings where stocks were up, the VIX was up and some of the VIX futures were up even more than the cash VIX – at least before the latest round of news from Greece hit. It is on days like these when my inbox invariably... > read more

Grabbed some calls before work & sold some overnights during breaks

Published on 2011-07-05 20:37:00

COH-this was an overnight hold from Fri. Plan was to sell some into a morning pop. My fill, however, was too high, and the pop didn’t last very long. Luckily it found support and turned into a red/green play. My initial order to sell half my calls > read more

Key Levels On Google

Published on 2011-07-05 13:26:32

Google Inc. (NASDAQ:GOOG) has soared for the last six days, jumping from $473.00 to a high today of $534.73. This move of over $60.00 has been epic but many traders are wondering if it will continue. Clear chart analysis shows that in the short term > read more

Chinese Net Stocks Continue Surge

Published on 2011-07-05 11:40:35

While the markets hover around the flat line, Chinese internet stocks continue their surge. After dropping as much as 75% on worries over a Chinese slow down and accounting issues, stocks like Youku.com Inc (NYSE:YOKU) and Renren Inc (NYSE:RENN) and > read more

Markets Digest As Tech Stock Leaders Roar

Published on 2011-07-05 11:19:16

The market is pausing today after one of the biggest week long rallies in history. The Dow Jones Industrial Average gained over 6% last week, its biggest one week gain since July 2009. Today, the SPDR S&P 500 ETF (NYSE:SPY) is trading at $133.52, > read more

Coal Stocks Lose Some Of Their BTU

Published on 2011-07-05 10:00:44

This morning, the leading coal stocks started the morning very strong. Since the gap higher open, many of these leading coal stocks have pulled back off their early highs. This industry group looks to have started the morning higher after a pipe brok > read more

Financial Stocks, Too Big To Sail

Published on 2011-07-05 09:30:50

Last week, the large financial stocks caught a sharp bid higher after the Greek bailout vote passed. Many of the leading financial stocks in the United States surged higher helping to lift the major stock indexes. Most investors and traders believe t > read more

Global Market Play Book: Master Levels

Published on 2011-07-04 18:20:26

The major stock indexes in the United States and Europe have staged a massive rally over the past week. The catalyst for the large point move is credited to another Greek bailout package. This is the second bailout and austerity package for Greece in > read more

Eyeballing for 5JUL11

Published on 2011-07-04 09:55:00

As I mentioned in my previous post WLT and GS are still in play, just need another morning set up for entry. Considering how the markets have been running I’d probably look at day trading these only (and others that aren’t penny stocks) since any > read more

The beginning of the 4th of July weekend started with a bang

Published on 2011-07-04 09:49:00

RENN-these Chinese plays I’ve been wrong so far and I missed the opportunity to change that Friday morning with the RENN panic at the open. I was short overnight and the plan was to close out into a panic but I was busy watching GS and the panic on > read more

S&P 500 Rallies to Highest Close Since May 31! (Chart) *Up +71.22 and +5.61% for week!

Published on 2011-07-02 17:10:00

$ $ $Amid protests and riots, citizens do not like their "entitlements" reduced, the Greek government�has approved yet more austerity measures to buy yet more time to receive yet another bailout. The sovereign debt crisis of Greece is not over a > read more

Pepco Holdings on rise – revisited

Published on 2011-07-02 04:25:00

In April 2011, we introduced a new model for Pepco Holdings (POM) and predicted�its share to rise.� The defining CPI indices were as follows: the index of food away from home (SEFV) and the index of owners' equivalent rent of residence (ORP > read more

AFLAC share price in Q2 2011

Published on 2011-07-02 03:46:00

It’s time to revisit our stock price model for Aflac Incorporated (AFL). This is a financial company in the S&P 500 list. We predicted the price using the CPI estimates published by the BLS on April 14, 2011. It was a preliminary model. �T > read more

SunTrust Banks share in Q2 2011

Published on 2011-07-01 09:00:00

In April 2011, we made the following prediction for SunTrust Banks (STI) share price: “… In the second quarter of 2011, the price may drop to the level of $23 (and then to $18) from the current $28“. This prediction was obtained from a model ba > read more

On the successful prediction of the HPQ share price in Q2 2011

Published on 2011-07-01 04:15:00

Three months ago, we presented a model for HPQ stock price based on the decomposition into a weighted sum of two CPI components. We predicted the evolution of the monthly closing price (adjusted for dividends and splits) four months ahead using the C > read more

Good start to the IRA account

Published on 2011-06-30 20:55:00

Started trading my IRA in the ToS account (instead of my banker brokerage). Much better. Wanted to play a bounce on POTG, but no real panic…just long fades…so no good bounces to try. However, there were other things out there for sure:RENN-was re > read more

Is This The Next Leg Of The Bull Market Or Just Bull Shhh?

Published on 2011-06-30 14:42:48

There is really no person that can deny the size of the rally over the past four trading sessions. The highly popular and followed Dow Jones Industrial Average(DJIA) has surged higher by 460.00 points in just four trading sessions. This is an enormou > read more

Two Stocks That Will Pull Back Next Week

Published on 2011-06-30 11:47:01

The bears are morphing into bulls and the Greek aid package is solidified. This week, the Dow Jones Industrial Average is up close to 500 points. This move in the market is one of the biggest in a one week period in years. Stocks have gone from being > read more

Stock Market Slams Into The 50 Moving Average

Published on 2011-06-30 11:26:39

The markets are sharply higher again today. This is the fourth day in a row major gains are being seen on Wall Street. The Dollar again is sharply lower as the Greek aid package is essentially signed, sealed and delivered. The PowerShares DB US Dolla > read more

Rare Earths Are Still The Rage

Published on 2011-06-30 10:23:26

The rare earths stocks really became well know and popular in late 2010. This sector looks to have peaked in early May 2011 with the overall stock market indexes. The rare earths have been staging a short term rally on the daily chart since June 16, > read more

Eyeballing 6/30/11

Published on 2011-06-29 22:08:00

Along with a few from the watchlist at www.investorslive.com, specifically YOKU and POTG, I'll be eyeballing GS at the open for a possible entry. Came out with news at after the bell that they're laying off folks at the NYC HQ. I stick with the cha > read more

Reset and don’t forget it

Published on 2011-06-29 19:06:00

Today wasn’t too hot of a trading day for me. Most of my positions ended up being losing and I cut them loose: NFLX weekly puts (loss), MOTR (flat), SPRD (loss). What made it worse was that I had two plays planned out for today (YOKU and CAAS both > read more

Visa And Mastercard Soar On Swipe Fee Increase

Published on 2011-06-29 15:01:40

This afternoon, Visa Inc.(NYSE:V), and Mastercard Inc.(NYSE:MA) are soaring higher after the Federal Reserve raised the cap on debit card swipe fees to 0.21 cents to 0.12 cents. Traders should watch for intra-day resistance on MA stock around the $30 > read more

New Kids On The Block

Published on 2011-06-29 14:45:15

Recently, there has been a new wave of initial public offerings reaching Wall Street. Everyone is getting very excited about all of the new internet companies that are roaring on the market place. This year we have seen companies such as LinkedIn Cor > read more

Did You Miss It: Another Bailout For The Banks

Published on 2011-06-29 11:48:55

The financial stocks are soaring today on yet another bailout. Europe just bailed out Greece and by doing so, saved the world from yet another global financial crisis. Many will not understand how this was a bank bailout, yet again. Let me explain. I > read more

Markets Extend Gains On Commodity Stocks

Published on 2011-06-29 11:17:24

The stock market rally is continuing for the third consecutive day. Austerity measures in Greece were voted through this morning. This was widely anticipated but is still being cheered by Wall Street. The market is moving higher today mainly because > read more

Large Financial Stocks Rally On Greek Austerity Vote

Published on 2011-06-29 09:32:59

The large financial stocks are trading sharply higher this morning. This sector has been under severe selling pressure until today. It appears that the Greek austerity vote has helped to lift the large financial stocks this morning. Recently, there h > read more

Forget Greece, It Was Baked Into The Cake

Published on 2011-06-29 09:08:23

Once the Greek parliament voted in favor of the austerity vote the U.S. Dollar Index has rallied higher off the morning lows. Should the U.S. Dollar Index trade higher throughout the trading session we could expect the major stock indexes to fade or > read more

One good day deserves another, too bad it was FRI & MON and not MON & TUE

Published on 2011-06-28 19:20:00

Not a bad day in terms of actual losses…just ho-hum, since my calls on NFLX and SPRD not looking that nice right now. ELN, HRZ, and MOTR setting up well though:ELN-strong move all day, still holding my AUG calls. Probably a pull back tomorrow, but > read more

Goldman Sachs Sinks Despite Market Rally

Published on 2011-06-28 14:32:20

One of the leading financial stocks in the entire stock market is Goldman Sachs Group Inc.(NYSE:GS). Since April 2010, this stock has been surrounded by a black cloud. Last year, the company paid out a record $550 million to settle with the Securitie > read more

Solar Stocks Heat Up

Published on 2011-06-28 11:43:32

As the markets catch their second up day in a row, solar stocks are pressing higher. This move in solar is most likely related to the bounce in oil. Always remember, when oil gets more expensive, more consumers will turn to alternate energy. Therefor > read more

Alert: Stock Market May Fade Ahead Of Greek Vote

Published on 2011-06-28 10:31:58

The markets have floated higher today on the back of a slowly weakening U.S. Dollar. The SPDR S&P 500 ETF (NYSE:SPY) is trading at $129.06, +1.12 (+0.88%). The markets have just put in an intra day topping tail. A topping tail is a bearish signa > read more

Major Financial Stocks Fail To Participate In Rally

Published on 2011-06-28 09:52:47

The large major financial stocks are not rallying higher with the major stock indexes this morning. This leading sector continues to struggle on the charts. Most of the leading financial stocks remain in sharp down trends. Traders can simply look at > read more

Forget Greece, Watch This Chart

Published on 2011-06-28 09:25:24

This morning, the major stock market indexes are rallying higher. The move in the market looks to be broad based as every sector seems to be inflating higher. Many traders and investors are very concerned with the events taking place in Greece today. > read more

Good start to the week

Published on 2011-06-27 19:21:00

I was only in the chat a little today because of work, but when I was there were so many alerts going…way too many for me to keep up. If you’re thinking about joining a service, consider trying the free 2 week trial at www.investorsunderground.co > read more

It Is As Inverse As It Can Get

Published on 2011-06-27 14:34:54

When the U.S. Dollar Index declines the major stock indexes inflate and rally higher. This inverse relationship between the U.S. Dollar Index and the major stock indexes are as inverse as they have ever been. Traders and investors can simply look at > read more

Biggest Stock Market Level In Years Still Holds

Published on 2011-06-27 11:27:29

The markets are hanging on to the side of the cliff. They are unwilling to break and that is saving investors from an ugly death spiral.  Last week I discussed a major trend line that starts at the pivot low from May 2009. If you connect it to the l > read more

Stock Markets Bounce Back

Published on 2011-06-27 11:06:25

The stock market is solidly higher today on the back of a weaker Dollar. The SPDR S&P 500 ETF (NYSE:SPY) is trading at $127.47, +0.66 (+0.52%) while the PowerShares DB US Dollar Index Bullish (NYSE:UUP) is trading at $21.55, -0.08 (-0.39%). It lo > read more

So Far The Falling U.S. Dollar Index Saves Monday

Published on 2011-06-27 09:56:11

This morning, the U.S. Dollar Index has declined sharply since the opening bell rang at the New York Stock Exchange(NYSE). By now, we should all know when the U.S. Dollar Index declines the major stock market indexes will usually inflate and trade hi > read more

Too Big To Fail Leads Markets Higher

Published on 2011-06-27 09:32:02

The large major banks are catching a bid higher this morning. This leading industry group has been very weak recently on the daily charts. Therefore, when the large major financial banks rally higher it is very difficult to see the major stock indexe > read more

Monday Madness: Expect Volatility Today

Published on 2011-06-27 08:23:18

This morning, the S&P 500 e-mini futures(ES U1) are trading higher by 0.75 cents to 1264.75 per contract. The worries in the European Union seem to be dominating the financial news headlines. Greece is facing another important austerity vote in t > read more

Good trading last week, time to be consistent & carry it into tomorrow

Published on 2011-06-26 17:48:00

SPY-interesting spot here. 126 area support, 130 resistance…I think we’ll see this week which direction the market will go. Breakthrough 130 then I say bulls win…125/6 fails to hold…looks like 121 is next support.EK-Looks like 3.30ish might > read more

Doug Kass Sees More Selling (Video) *Ominous pattern in S&P 500*

Published on 2011-06-25 13:59:00

$ $ $USA and Global Economic UncertaintyDoug Kass, noted for calling the tops and bottoms in the market, does not think the bottom is in and calls the market "uncertain and scary".Doug Kass: Ominous Pattern Confirms S&P 500 Is Challenged (Video)A > read more

Doug Kass Sees More Selling (Video) *Ominous pattern in S&P 500*

Published on 2011-06-25 13:59:00

$ $ $USA and Global Economic UncertaintyDoug Kass, noted for calling the tops and bottoms in the market, does not think the bottom is in and calls the market "uncertain and scary".Doug Kass: Ominous Pattern Confirms S&P 500 Is Challenged (Video)A > read more

S&P 500 Drops 7 of Past 8 Weeks (Chart) *European debt crisis weighs on markets*

Published on 2011-06-24 23:00:00

$ $ $The chronic and long-term European Debt Crisis continues to create uncertainty for world marketsS&P 500 OverviewS&P 500�The S&P 500 closed the week at�1268.45�on Friday, June 24, 2011.�The S&P 500, SPX,�w > read more

Chinese Stocks Remain Strong Despite Market Weakness

Published on 2011-06-24 10:13:05

This morning, the major stock market indexes are coming under very strong selling pressure. The stronger U.S. Dollar Index is obviously the catalyst for the early stock market decline, stocks and commodities will deflate and trade lower when the doll > read more

The U.S. Dollar Index Flexes Early Muscle

Published on 2011-06-24 09:29:43

When the U.S. Dollar Index(DXY) rallies higher the major stock market indexes will come under pressure and deflate lower. That is exactly what is happening this morning at the start of the trading day. As soon as the DXY traded higher everything in t > read more

A crazy market & busy work day didn’t keep me from cashing in

Published on 2011-06-23 22:02:00

Hat's off, once again, for the great trading ideas from the chat at www.investorsunderground.com. MOBI ZAGG KV/A EK were all ideas that came from @investorslive and other members of the chat room. MOBI-Well, looks like I may have sold too soon, but > read more

Forget The Greek Tragedy, Follow The Dollar

Published on 2011-06-23 14:30:35

We can examine this market until we are blue in the face. Will Greece get bailed out for a second time in two years or not? Will the European Union fall apart? The truth of the matter is that we just need to simply follow the U.S. Dollar Index. When > read more

CREE Shows Strength In Stock Market Selling

Published on 2011-06-23 12:35:10

In the last two days Cree, Inc. (NASDAQ:CREE) has shown major upside potential. Yesterday, the stock was crushed in the first twenty minutes of the trading day, hitting a low of $32.55. From that point on, it ran higher, closing flat on the day. This > read more

Key Technology Stocks Bucking Sharp Market Sell

Published on 2011-06-23 11:36:37

Some major leading technology stocks are moving to the upside even though the markets are getting slammed. These stocks have been up all day long and are known as leaders in their group. First, from the start of the day Apple Inc. (NASDAQ:AAPL) was p > read more

Airline Stocks Fly On Opening Of Strategic Oil Reserves

Published on 2011-06-23 09:30:13

This morning, the International Energy Agency (IEA) announced that its 28 member countries have agreed to release 60 million barrels of oil in the coming month. This action is causing WTI oil to plummet lower by $5.00 to $90.46 a barrel. While oil an > read more

Ooops, I did it again

Published on 2011-06-22 20:11:00

RIMM-I got greedy here, again. In the morning I was up had some profits, thought I’d let it go, went to work, then saw a tweet from @michiganwar about RIMM moving up…I had to cut out at that point: in at .33 out at .18. Yeah, I got RIMM’d. Just > read more

Old School Tech Stocks: Where To Buy

Published on 2011-06-22 12:08:21

There are mega players in technology land that have been monsters in the past.  These companies are still a force to reckon with, however, their stock prices have fallen drastically. The three main old school tech stocks are Cisco Systems, Inc. (NA > read more

Alert: Stock Market Awaits Federal Reserve

Published on 2011-06-22 11:20:34

The markets are holding on the flat line as they await the Federal Reserve FOMC policy statement and the press conference that will follow later today. The SPDR S&P 500 ETF (NYSE:SPY) is trading at $129.66, +0.21 (+0.16%). After a monster rally > read more

Is OpenTable A Broken Table?

Published on 2011-06-22 10:12:57

OpenTable Inc.(NYSE:OPEN) provides electronic reservation book (ERB), an integrated software and hardware solution that computerizes restaurant host-stand operations. This helps restaurants with reservations, seating arrangements, guest recognition, > read more

All Eyes On Bernanke

Published on 2011-06-22 09:37:18

Almost every trader and investor will be waiting patiently for the Federal Open Market Committee(FOMC) interest rate decision, that announcement is expected to be released this afternoon. The Federal Reserve Bank Chairman, Ben Bernanke, will hold his > read more

Longer longs…& shorts, apparently

Published on 2011-06-21 19:48:00

CBOU-still short with puts, actually added more when it hit 13. Looks like it built some support at 12.50 too…Not as confident in this play as before, but I’ll let it play out a little longer. Could be another worthless puts play…HRBN-back to w > read more

Longer longs…& shorts, apparently

Published on 2011-06-21 19:48:00

CBOU-still short with puts, actually added more when it hit 13. Looks like it built some support at 12.50 too…Not as confident in this play as before, but I’ll let it play out a little longer. Could be another worthless puts play…HRBN-back to w > read more

Lots Of Green On The Screen

Published on 2011-06-21 14:35:09

Today’s rally is very broad based as there are very few leading stocks that are trading lower this afternoon. The S&P 500 Index is trading higher by 19.00 points to $1297.00. the Nasdaq Composite is soaring higher by 57.00 points or 2.15 pe > read more

Keys: Stock Market Rally Ahead Of Fed

Published on 2011-06-21 11:47:36

The markets are in rally mode today as positive comments from the Federal Reserve tomorrow afternoon are expected. It appears the markets may even be hoping for some QE3 news. Ben Bernanke and the rest of the Federal Reserve are meeting to discuss po > read more

Tech Takeoff

Published on 2011-06-21 10:20:01

All of the major stock market indexes are advancing higher this morning. The early market rally looks to be very broad based, however, the strongest index is the NASDAQ Composite. The NASDAQ Composite is trading higher by 1.70 percent, this is a subs > read more

Transport Stocks Continue To Deliver

Published on 2011-06-21 09:39:48

The highly followed transportation sector continues to rally this morning. This sector found a short term low on June 13, 2011, since that time the sector has rallied higher by nearly 5.0 percent. Today, the iShares Dow Jones Transportation ETF(NYSE: > read more

Financial Stocks Hold All The Cards

Published on 2011-06-21 09:14:00

One of the most important sectors in the stock market is the financial stocks. These stocks seem to lead the markets. At this time, J.P. Morgan Chase & Co.(NYSE:JPM) is probably the most important financial stock in the entire stock market. This > read more

Rough start to the week

Published on 2011-06-20 21:21:00

CBOU-from @investorslive watchlist (Sun and again tonight). Game plan was to watch for a gap this morning and then a crap…short the gap. Well didn’t happen, actually turned into a r/g play that ran from under 12 to almost 13. I was watching the s > read more

Still A Fragile Market

Published on 2011-06-20 14:47:36

In nearly every trading session over the past six weeks, the major stock market indexes have struggled into the close of the trading session. Four out of the past six Friday’s have been sell offs. This is a very unusual occurrence and a change > read more

Stock Market Alert: Inverse Head And Shoulder

Published on 2011-06-20 11:41:00

The markets are at a pivotal point today. As of now, there is a beautiful inverse head and shoulder pattern on the intra day SPDR S&P 500 ETF (NYSE:SPY) chart. This can be seen on the chart below. An inverse head and shoulders pattern is a bullis > read more

Markets Advance Cautiously

Published on 2011-06-20 10:50:20

The markets opened lower today on continued fears out of Greece. While an aid package is already inked and ready to go, it looks like officials are unwilling to give Greece the money until they see what happens in the coming days with the Greek gover > read more

A Bite Out Of The Apple

Published on 2011-06-20 09:55:12

Apple Inc.(NASDAQ:AAPL) is one of the most highly followed and loved stocks by traders and investors. This morning, the innovative tech giant is coming under major selling pressure. The stock is trading lower by $8.12 to $312.07 a share. The stock ha > read more

U.S. Dollar Index Falls Off A Cliff

Published on 2011-06-20 09:18:10

As we all should know by now, when the U.S. Dollar Index declines the major stock market indexes will usually inflate and trade higher. Since 7:40 am EST, the U.S. Dollar Index has declined lower by 0.47 cents to $75.42 per contract. This is exactly > read more

Rationalizing an irrational course of action

Published on 2011-06-19 15:29:00

This past week was a pretty good one for me, maybe that's why I was able to come to a sort of revelation. Something I’m starting to finally come to the realization of is that though the trading system I’m using may be sound, if I want to be a su > read more

Rationalizing an irrational course of action

Published on 2011-06-19 15:29:00

This past week was a pretty good one for me, maybe that's why I was able to come to a sort of revelation. Something I’m starting to finally come to the realization of is that though the trading system I’m using may be sound, if I want to be a su > read more

Rationalizing an irrational course of action

Published on 2011-06-19 15:29:00

This past week was a pretty good one for me, maybe that's why I was able to come to a sort of revelation. Something I’m starting to finally come to the realization of is that though the trading system I’m using may be sound, if I want to be a su > read more

Rationalizing an irrational course of action

Published on 2011-06-19 15:29:00

This past week was a pretty good one for me, maybe that's why I was able to come to a sort of revelation. Something I’m starting to finally come to the realization of is that though the trading system I’m using may be sound, if I want to be a su > read more

S&P 500 Barely Snaps 6-Week Losing Streak (Chart) *Up +0.04% for week, down -5.48% for June*

Published on 2011-06-18 10:09:00

$ $ $Uncertainty about Greek sovereign debt and Greek riots over austerity policies weighed on world markets this weekS&P 500 OverviewS&P 500�The S&P 500 closed the week at�1271.50�on Friday, June 17, 2011.�The S&P > read more

Semiconductor Stocks Struggle

Published on 2011-06-17 09:49:07

Anytime the major stock market indexes rally it is very important to look at the leading stock sectors. When a leading sector fails to participate in the rally that is usually a sign that the rally could be short lived. This morning, the Dow Jones In > read more

It Is Still About The Dollar

Published on 2011-06-17 09:10:10

This morning, the U.S. Dollar Index futures(DX U1) is trading lower by 0.60 cents to $75.62 per contract. When the U.S. Dollar Index declines the major stock market indexes inflate and trade higher. That is certainly the case today, as the S&P 50 > read more

Pump longed was great, Chinese short was even better

Published on 2011-06-16 20:26:00

HRBN-the @investorslive chat was buzzing with this once the alert hit about the fraud report. First mentioned by trader530 at 9:49am ET then TradeHawk Citron alert at 11:27am ET. Probably more buzz before the bell but I wasn’t logged in then. I sta > read more

China Stocks: Beaten, Bloody Dying..Or Good Buys

Published on 2011-06-16 11:55:45

With uncertainty clouding almost all China stocks, there has been a fall of epic proportions. Many Chinese stocks have fallen over 75% in the last few months, dumping to levels never imagined. Growth rates in these stocks are unparallelled in the Uni > read more

Stock Market Alert: Understanding The Markets Bounce

Published on 2011-06-16 11:36:55

Speculation continues to swirl over the next Greek bailout. After the massive decline in the markets yesterday, today there is more calm. The SPDR S&P 500 ETF (NYSE:SPY) is trading at $127.93, +.91 (+0.72%). It appears the latest rumor is that a > read more

Intel Still Holds All The Chips

Published on 2011-06-16 10:03:26

Intel Corp.(NASDAQ:INTC) has come under some serious downgrades from several leading brokerage firms recently. On May 20, 2011 the stock was downgraded by Goldman Sachs Group(NYSE:GS) to sell from neutral. This morning Intel stock was downgraded agai > read more

Can The U.S. Dollar Index Decline Enough To Keep Markets Afloat?

Published on 2011-06-16 09:25:31

Before the opening bell rang at the New York Stock Exchange, the U.S. Dollar Index was surging higher again. Around 8:35 am EST, the U.S. Dollar Index began to decline. Once the U.S. Dollar Index began to sell off the major stock market indexes start > read more

The IEA projection for oil

Published on 2011-06-16 08:15:00

The International Energy Agency has�issued a new oil price projection through 2016: For oil, the projections are based on prevailing futures prices, which form an assumption as opposed to a price forecast. The crude price assumption used in the > read more

Rode the falling knife for +46% and jumped on a rising penny

Published on 2011-06-15 19:01:00

JCP-Grabbed some puts on this as it was just above 34. Gapped down, tried to get back to green but got slapped. Then rested around 34 all afternoon. I’d like to think with the volume fading and the price flat-lining that this will drop again tomorr > read more

Oil price will be decreasing through the rest of 2011. CPI vs core CPI

Published on 2011-06-15 13:29:00

The U.S. Bureau of Labor Statistics has reported the estimates of various consumer price indices for May 2011. According to our schedule, we have to revisit the difference between the headline and core CPI only in July 2011. However, the new estimate > read more

Oil price will be decreasing through the rest of 2011. CPI vs core CPI

Published on 2011-06-15 13:29:00

The U.S. Bureau of Labor Statistics has reported the estimates of various consumer price indices for May 2011. According to our schedule, we have to revisit the difference between the headline and core CPI only in July 2011. However, the new estimate > read more

Stock Market Update: Blood In The Street

Published on 2011-06-15 11:36:57

After a one day stock market rally, all hell has broken loose again. This can be blamed on multiple factors but mainly the Euro collapse because of Greece and the Dollar surging in response. As the U.S. Dollar surges, the markets sell sharply. This i > read more

Stock Markets Collapse As Dollar Soars

Published on 2011-06-15 11:12:42

Greece continues to drag the Euro down. Almost every night there seems to be another dramatic issue bubbling up from the most troubled European country. The CurrencyShares Euro Trust (NYSE:FXE) is getting pounded on the back of these worries, trading > read more

Cloud Stocks Escape The Morning Rain

Published on 2011-06-15 09:36:04

The major stock market indexes are once again starting the morning sharply lower. This looks to be a broad based decline as most leading stock sectors are trading lower. There are a few stocks that are showing some early strength despite the stock ma > read more

U.S. Dollar Index Soars

Published on 2011-06-15 09:13:42

The U.S. Dollar Index is surging higher this morning as the problems in the European Union continue to escalate. Greece is facing heavy protests, strikes, and rioting this morning by many of its citizens. The yield on the Greek 10 year bond is spikin > read more

Pre-Market News And Views

Published on 2011-06-15 08:26:46

This morning, the S&P 500 e-mini futures(ES M1) are plummeting lower by 12.00 points to 1278.25 per contract. The decline in the futures comes as the problems in the European Union seem to be growing by the minute. The economic data in the United > read more

Part-time Pennystock Trader 2011-06-15 05:47:00

Published on 2011-06-15 05:47:00

The news that wasn't published yesterday for limelight networks, mentioned in last nights post. Patent 7961625 http://1.usa.gov/j33L26 If anyone reads tech maybe you can shed some light and determine if this will affect AKAM. > read more

Part-time Pennystock Trader 2011-06-15 05:47:00

Published on 2011-06-15 05:47:00

The news that wasn't published yesterday for limelight networks, mentioned in last nights post. Patent 7961625 http://1.usa.gov/j33L26 If anyone reads tech maybe you can shed some light and determine if this will affect AKAM. > read more

Is A Stock Market Crash Possible Soon?

Published on 2011-06-14 23:36:26

Is A Stock Market Crash Possible Soon? There are significant signals in the current market that a crash or meltdown scenario could unfold sometime in the next 1-2 weeks. Crashes are rare events and nearly impossible to predict, but many elements that > read more

Two falling knives, trying to catch one and ride the other

Published on 2011-06-14 16:43:00

AKAM-puts worked out well from when I bought at around the high of the day. Was anticipating some news from Limelight to give a negative on AKAM…never came out (at least I didn’t see it on Lime’s webpage or on AKAM’s yahoo profile…maybe I r > read more

Two falling knives, trying to catch one and ride the other

Published on 2011-06-14 16:43:00

AKAM-puts worked out well from when I bought at around the high of the day. Was anticipating some news from Limelight to give a negative on AKAM…never came out (at least I didn’t see it on Lime’s webpage or on AKAM’s yahoo profile…maybe I r > read more

Markets Keep Gains After Bernanke Speech

Published on 2011-06-14 14:34:17

This afternoon, the Federal Reserve Bank Chairman Ben Bernanke just gave a speech in which he said the politicians should raise the U.S. debt ceiling. The institutional investors seem to love this news as the major stock market indexes are all soarin > read more

Alert: Stock Markets Rally On These Key Factors

Published on 2011-06-14 11:39:54

The market shot higher today right out of the gate. While many investors and analysts have been extremely bearish in the last few days, this Chief Market Strategist has been bullish, slowly accumulating long positions. The reasons why I was bullish f > read more

Some Auto Stocks Have Stalled Engines

Published on 2011-06-14 10:22:20

Today, the major stock indexes are staging the best rally they have had in several weeks. Everything looks fine in stock land, however, some of these leading auto stocks are struggling to catch a bid higher this morning. Tata Motors Ltd.(NYSE:TTM) is > read more

Big Market Rally, Some Tech Stocks Still Struggle

Published on 2011-06-14 09:35:28

This morning, the major stock indexes are soaring higher in a broad based advance. As we know, the major stock indexes have been under pressure over the past month. At this time many traders are wondering if this rally is just a short term bottom, or > read more

Oil price in May

Published on 2011-06-14 07:29:00

In�1 minute, the BLS will report�a number of�producer price indices, icluding� the price index of crude petroleum.� Oil price in May was�fluctuating around $100 per barrel. In April, the average price was closer�to& > read more

Monday’s plays replayed

Published on 2011-06-13 19:08:00

MOBI-Several mentions by @investorslive on multiple watchlists lately, most recent was last night (http://www.investorslive.com/2011/06/12/stocks-to-start-monday-off-the-right-way-scan-for-the-13th/). The take away from the mentions was this thing is > read more

The age of the highest income inequality

Published on 2011-06-13 12:18:00

In Figure 1, we present the evolution of age dependent Gini ratio in the U.S. as reported by the Census Bureau. These estimates were obtained during the annual current population surveys. It is instructive to compare Gini ratios in various age groups > read more

Markets Struggle To Hold Gains

Published on 2011-06-13 11:36:25

The market is trading just around the flat line as it struggles to hold key early trading day gains.  The SPDR S&P 500 ETF (NYSE:SPY) is trading at $127.78, +0.18 (+0.14%). The weakness continues to be a result of worried investors who have star > read more

Chip Stocks Remain Weak

Published on 2011-06-13 10:22:33

The semiconductor stocks remain weak this morning despite the major stock indexes trading positive this morning. The semiconductor stocks have struggled to catch a bid since early May 2011. This sector remains very weak and is now approaching the Mar > read more

Financial Stocks Play Follow The Leader

Published on 2011-06-13 10:03:17

Since early May, it has been the large financial stocks that have lead the stock market declines. Many leading financial stocks have struggled throughout most of 2011. All traders and investors must keep a close eye on the leading financial stocks as > read more

Energy Bounce Lifts Markets Early

Published on 2011-06-13 09:21:13

This morning, the major stock indexes are bouncing higher across the board. While most sectors are trading in positive territory, it is the energy sector that is leading the markets higher. The energy sector accounts for roughly 16.0 percent of the S > read more

Angry Bear on the relation between S&P 500 and GDP

Published on 2011-06-13 09:21:00

A month ago Mike Kimel�had a post�on Angry Bear dealing with the relationship between the S&P 500 market index and nominal GDP. His naive�regression showed correlation of ~94%. One should not forget that Clive Granger introduced th > read more

On decreasing income inequality in the US

Published on 2011-06-13 03:21:00

Five years ago I published a working paper arguing that the measures of income inequality derived from the IRS data are highly biased as estimated from a varying share of population. Physics students are well aware that no conservation laws are appli > read more

Plays for the week

Published on 2011-06-12 21:27:00

For the new penny plays I'm using what I always have, @investorslive's watchlist. Click HERE for tonights list (Monday's plays). I'm really interested in watching FBCD, RPTP, and HIL as these have been on my radar for the past few weeks. Below are op > read more

People without income. Worrying trends.

Published on 2011-06-12 10:40:00

The U.S. Census Bureau conducts a Current Population Surveys (CPS) every March. The CPS includes a number of questions related to personal incomes. A new questionnaire ��was introduced in 1994 and many detailed tables have been published si > read more

Young men do not feel real economic growth

Published on 2011-06-12 05:40:00

The U.S. Census Bureau publishes many tables on income distribution. One of many reported features is the evolution of the age and gender distribution of real incomes. In several figures below we illustrate the time history of real mean income since > read more

Shimmy in economic gear. How far is the U.S. economy from a runaway?

Published on 2011-06-12 03:34:00

Shimmy is a well-known mechanical effect in aircraft landing gear. During landing and take-off, the nose wheel oscillates about the vertical axis, sometimes with increasing amplitude. In the case of severe resonance oscillation, shimmy may result in > read more

Krugman on the effect of quantitative easing in Japan

Published on 2011-06-11 13:30:00

Paul Krugman shows in this post that the original quantitative easing (QE) in Japan did not help at all. Money supply did not react to�an artificial increase in the monetary base. This observation raises a question on the effectiveness of a simi > read more

How long will last the crisis in Greece?

Published on 2011-06-11 03:47:00

In our previous posts, we discussed the evolution of real GDP per capita in selected developed countries. One of striking examples of dramatic changes is Ireland, where we predicted a deep fall many years ago. This prediction was based on the empiric > read more

S&P 500 Continues June Swoon (Chart) *Down 7 consecutive weeks*

Published on 2011-06-10 18:36:00

$ $ $USA economic growth has slowed to near-stallingS&P 500 OverviewS&P 500�The S&P 500 closed the week at�1270.98�on Friday, June 10, 2011.�The S&P 500, SPX,�was down -2.24% for the week, is already down -5.5 > read more

Predicted For Profits: Banks Rip Higher

Published on 2011-06-10 14:08:54

The bank stocks ripped higher as CNBC reported that the Federal Reserve was saying the bank capital surcharge would be around 2% to 2.5% instead of 3%.  This causes a massive bounce in the markets, a buy program of sorts. This is one of the first bu > read more

Alert: Markets Drop Sharply As Dollar Spikes

Published on 2011-06-10 11:26:05

The markets have flushed into the key SPDR S&P 500 ETF (NYSE:SPY) support level at $127.60. This level was a long signal taken for a scalp. As of now, the SPY is trading at $127.80. Half of the position is off the table for a $0.20 profit while > read more

Dollar Surge Means Another Down Friday

Published on 2011-06-10 09:45:47

In the past, the major stock indexes would rarely decline on a Friday, with this type of action occurring so often we coined the phrase, Friday effect. However, over the past month the major stock indexes have been plummeting on Friday’s and we > read more

Made Of Steel

Published on 2011-06-10 09:08:13

This is another trading session where the major stock indexes are starting the morning under selling pressure. Strange enough, the steel stocks are the only sign of strength during this opening hour of the trading session. United States Steel Corp.(N > read more

An expensive (and ongoing) lesson in penny stock trading

Published on 2011-06-09 21:18:00

JAMN was a pump I’ve played pretty well over the past several weeks, mainly with the help from @investorslive and InvestorsUnderground. Probably the most profitable thing I’ve picked up from him is how to trade the bounce of a washout/tanking sto > read more

An expensive (and ongoing) lesson in penny stock trading

Published on 2011-06-09 21:18:00

JAMN was a pump I’ve played pretty well over the past several weeks, mainly with the help from @investorslive and InvestorsUnderground. Probably the most profitable thing I’ve picked up from him is how to trade the bounce of a washout/tanking sto > read more

An expensive (and ongoing) lesson in penny stock trading

Published on 2011-06-09 21:18:00

JAMN was a pump I’ve played pretty well over the past several weeks, mainly with the help from @investorslive and InvestorsUnderground. Probably the most profitable thing I’ve picked up from him is how to trade the bounce of a washout/tanking sto > read more

Swiss Cheese Rally With Holes Everywhere

Published on 2011-06-09 14:47:48

The major stock market indexes are all surging higher this afternoon. The rally is broad based as energy, commodities, agriculture, retail, and technology are all trading higher. While this move is very strong today on the surface there are still som > read more

Market Update: Stocks Rally

Published on 2011-06-09 12:01:54

The markets are rallying today as investors are scooping up cheap stocks. After a six day fall, and financial stocks hitting multi year lows, a bounce day seems to be in the cards. The SPDR Dow Jones Industrial Average ETF (NYSE:DIA) is trading at $1 > read more

Did You Buy: Financial Stocks Rally Sharply

Published on 2011-06-09 11:27:11

Banks are leading the market for the first time in weeks. News break, the market is rallying solidly for the first time in what seems to be weeks. This is no coincidence and most likely a key to further upside in the market. Goldman Sachs Group, Inc. > read more

Predicted: Stock Market Rallies

Published on 2011-06-09 11:09:16

If you were following my Rant and Rave blog articles at InTheMoneyStocks.com, this rally was accurately called. The SPDR S&P 500 ETF (NYSE:SPY) is trading at $129.45, +1.03 (+0.80%). The reasons to expect a rally today were simple. First, options > read more

Financial Stocks Lead Markets Higher

Published on 2011-06-09 10:05:19

The major financial stocks have been one of the weakest sectors for most of 2011. Nearly every trading day since early May, which was the start of the stock market correction, the financial stocks have come under severe selling pressure. This morning > read more

Early Market Bounce, Can It Hold Into The Close?

Published on 2011-06-09 09:36:13

This morning, the major stock market indexes are having another early bounce higher. Over the past six trading sessions the major stock indexes have closed in negative territory. The last time that the major stock indexes accomplished this feat was i > read more

Best Damn Penny

Published on 2011-06-08 20:55:00

In honor of today's pick from BDPS, I'm reposting a video from @investorslive/InvestorsUnderground, on a very serious topic: understanding how penny stocks work. Enjoy!Follow the rules: Cut losses quickly; Don't overtrade; Take profits/sell into st > read more

Java potentially saving me again

Published on 2011-06-08 19:53:00

JAMN-from @investorslive and the underground chat. After all the opening activity I let it settle and jumped in at 2.36. It was a hard wait as after 2.25 this thing basically when on a 20 min run before finally pulling back from 2.43 back down to 2.3 > read more

Potential Long Term Topping Process Underway

Published on 2011-06-08 16:43:23

(The following is an updated excerpt from the latest BullBear Market Report for BullBear Traders members): � In the introduction to this report, I detailed many of the non-technical elements that should have happened and could have happened an > read more

Struggling To Stay Above Water

Published on 2011-06-08 14:59:23

The major stock indexes are all struggling this afternoon to get into positive territory. The Dow Jones Industrial Average, NASDAQ Composite, and the S&P 500 Index have been sold off sharply by the institutional traders since the beginning of May > read more

Stock Market Update: Markets Fight A Stronger Dollar

Published on 2011-06-08 11:37:26

The markets are trading on the flat line today which is a victory. The big question is, can it hold and build the day into a positive move. The reason for the victory today is simple. The Dollar is spiking higher on the session off of more bearish ne > read more

Apple Products vs. Platform

Published on 2011-06-08 11:24:00

Apple (AAPL) is an unusual stock for several reasons, not the least of which is the strong retail demand for the stock and a large contingent of customer-zealots who regularly worship at the altar of Steve Jobs.Throw together the factors mentioned ab > read more

Apple Products vs. Platform

Published on 2011-06-08 11:24:00

Apple (AAPL) is an unusual stock for several reasons, not the least of which is the strong retail demand for the stock and a large contingent of customer-zealots who regularly worship at the altar of Steve Jobs.Throw together the factors mentioned ab > read more

Apple Products vs. Platform

Published on 2011-06-08 11:24:00

Apple (AAPL) is an unusual stock for several reasons, not the least of which is the strong retail demand for the stock and a large contingent of customer-zealots who regularly worship at the altar of Steve Jobs.Throw together the factors mentioned ab > read more

Apple Products vs. Platform

Published on 2011-06-08 11:24:00

Apple (AAPL) is an unusual stock for several reasons, not the least of which is the strong retail demand for the stock and a large contingent of customer-zealots who regularly worship at the altar of Steve Jobs.Throw together the factors mentioned ab > read more

Bearish Sentiment Signals Near Term Bottom On Financials

Published on 2011-06-08 10:53:30

Banks have been punished all year long. After making highs in early 2011, stocks like Goldman Sachs Group, Inc. (NYSE:GS), Bank of America Corporation (NYSE:BAC) and Citigroup Inc. (NYSE:C) have all come crashing down. Goldman Sachs hit a high of $17 > read more

Recycling some old plays

Published on 2011-06-07 21:45:00

RPTP-played this one several days back when it was under 5 from @investorslive watchlist. Now it looks like it may be setting up again for the same type of move…just a dollar higher. I’d like to see a weak open for an easy r/g play, the 5d, howev > read more

To QE-3 Or Not To QE-3, That Is The Question

Published on 2011-06-07 14:57:25

Almost every investor is standing by waiting for the Federal Reserve Chairman, Ben Bernanke, to make some type of comment regarding another round of quantitative easing. In other words, will there be QE-3 if the markets keep falling. It is important > read more

Copper Stocks Hurt As Worries Continue In Peru

Published on 2011-06-07 11:32:52

As election results were tallied, Ollanta Humala was the reported winner with 52.6% of the vote. Humala is known as a left-wing nationalist that may bring the country the way of Hugo Chavez. The stock market in Peru collapsed 14% on these results as > read more

Markets Float Ahead Of Bernanke Speech

Published on 2011-06-07 11:07:09

The markets are floating slightly higher today as the Dollar has fallen sharply once again. Federal Reserve Chairman Ben Bernanke is set to speak at 3:35pm ET today. Knowing this, gave Wall Street a good idea that the markets would most likely see we > read more

Will The Weak Dollar Save The Markets Today?

Published on 2011-06-07 10:11:21

This morning, the major stock indexes are all trading higher on the back of the weaker U.S. Dollar Index(DXY). Last night, the Chinese made comments that they need to increase the strength of their currency and this is certainly one of the reasons fo > read more

Goldman Sachs Leads The Financial Stocks Lower

Published on 2011-06-07 09:55:35

Goldman Sachs Group Inc.(NYSE:GS) has been one of the weakest stocks in the stock market as of late. The stock topped out in mid-January 2011 at $175.43 a share and has been steadily declining. The stock is trading below its daily chart 20, 50, and 2 > read more

Retail On The Move

Published on 2011-06-07 09:26:55

This morning, the retail sector is showing early strength. The Retail Holders Trust(NYSE:RTH) is trading higher by $1.21 to $106.46 a share. When the retail sector shows intra-day strength it is usually a sign that the major stock indexes will hold u > read more

USA Economy Update (Review, Video) "What Do We Do Now?"

Published on 2011-06-07 01:08:00

$ $ $USA Economic UncertaintyPanel Discussion on the USA Economy Charlie Rose discussed the status of the USA economy with:● Jared Bernstein of The Center on Budget and Policy Priorities, former Economic Policy Advisor to Vice President Joe Biden > read more

When the market is failing, look for shorts to win

Published on 2011-06-06 21:05:00

OPTR-this short idea is working nicely. My put isn’t moving as well as this drop but I still think if this breaks 13, things will start shaping up.CIS-here’s another short that worked out good today. I mentioned last night that if it breaks 16.50 > read more

Too Big To Fail Leads The Markets Lower

Published on 2011-06-06 14:53:01

The large major banks are leading the major stock market indexes lower for a fourth consecutive trading session. It is important to remember that the four largest banks and many of the leading brokerage firms have been under pressure since the start > read more

On the slow growth of working age population

Published on 2011-06-06 12:50:00

There is a discussion on the Seeking Alpha of my post on the last Employment Situation Summary issued by the BLS several days ago. Lee Adler asked about the evolution of working age population, WAP, in the U.S. during the past 50 years. This question > read more

On the slow growth of working age population

Published on 2011-06-06 12:50:00

There is a discussion on the Seeking Alpha of my post on the last Employment Situation Summary issued by the BLS several days ago. Lee Adler asked about the evolution of working age population, WAP, in the U.S. during the past 50 years. This question > read more

Lunch Update: Markets Hold Slightly Negative

Published on 2011-06-06 12:16:29

The markets are hovering slightly negative on the day as the economic picture of Europe and the United States continues to look grim. The Dollar has been slowly inching higher throughout the day, keeping the markets from surging back towards the fla > read more

Markets Bounce Off Master Level

Published on 2011-06-06 11:07:46

The markets sold off early in the session, tagging a master pivot low from April 18th, 2011. This low on the SPDR S&P 500 ETF (NYSE:SPY) was at $129.55. This level represents a short term major support for the market and it is very possible a mul > read more

Gold and Silver In Play Today

Published on 2011-06-06 09:45:51

This morning, the major stock market indexes are all coming under pressure for the fifth consecutive week. Most leading stocks and commodities are trading lower this morning, however, precious metals are showing some very strong intra-day strength. G > read more

Commodity Stocks Show Early Strength

Published on 2011-06-06 09:14:50

This morning, many of the leading commodity stocks are showing some early gains. Often, when the U.S. Dollar Index declines intra-day this will usually help to inflate the major commodity and stock markets. Therefore, should the U.S. Dollar Index ral > read more

What’s happened to the economy?

Published on 2011-06-06 06:32:00

There is an old joke.�One economist asks another economist:- Do you understand what's happened to the economy?-O'k. �I'll explain you.- I can explain myself, but�do you understand?�Before one starts explaining the current state of > read more

Forecasting S&P 500 returns. Quarterly update

Published on 2011-06-05 06:40:00

Three months ago we revisited our prediction of the S&P 500 return including the estimate of real GDP for the fourth quarter of 2010. Here, we update our model and include the GDP estimate for the first quarter of 2011 and the monthly closing pri > read more

S&P 500 Plunges Through 100-Day Average (Chart) *Down 5 consecutive weeks*

Published on 2011-06-04 10:15:00

$ $ $The USA unemployment rate increased to 9.1% in May 2011S&P 500 OverviewS&P 500�The S&P 500 closed the week at�1300.16�on Friday, June 3, 2011.�The S&P 500, SPX,�was down -2.32% for the week, is already do > read more

The rate of unemployment in the U.S. may fall to 6% by the end of 2011

Published on 2011-06-04 09:43:00

As in the previouspost, we refer to our model which links the rate of participation in laborforce, LFP, to the change in real GDP per capita. For short time intervals, one replaced labor force with employment, E, and GDP per capita with GDP. Now we u > read more

The employment/population ratio may rise to 63% by the end of 2011

Published on 2011-06-04 04:13:00

Our model links the rate of participation in labor force, LFP, to the change in real GDP per capita. The latter leads by two years, and we have successfully predicted the fall in LFP in 2009. For short time intervals, one can replace labor force w > read more

Why the employment situation is not disappointing

Published on 2011-06-03 13:39:00

The Bureau of Labor Statistics has published an “Employment Situation Summary” for May. The nonfarm payroll employment has increased by 54,000. The number of employed in the U.S. increased by 105,000; from 139,674,000 to 139,779,000. �These > read more

When All Else Fails, Drop The U.S. Dollar Index

Published on 2011-06-03 10:07:15

Since the March 2009 stock market lows, there has been only one way to cause a rally in the major stock market indexes and that has been drop the U.S. Dollar Index. Even today, the U.S. Dollar Index is declining sharply lower, this is helping to infl > read more

Oil Services Stocks Show Strength

Published on 2011-06-03 09:55:32

This morning, the oil services stocks are all trading higher after a gap lower open. The highly popular Oil Services Holder Trust(NYSE:OIH) is trading higher by 0.77 cents to $152.45 a share. Traders must watch for intra-day resistance around the $15 > read more

Airline Stocks Show Small Air Pocket Of Strength

Published on 2011-06-03 09:19:57

As we all know, the major stock market indexes are plummeting lower after the government job report was released this morning before the opening bell. There is one sector that is trading higher despite the overall stock market downdraft, that strengt > read more

Part-time Pennystock Trader 2011-06-02 20:37:00

Published on 2011-06-02 20:37:00

Sorry, no post tonight. Not enough time today-good luck tomorrow. > read more

Can The U.S. Dollar Index Decline Enough To Save Markets?

Published on 2011-06-02 14:16:07

The major stock indexes have been on a wild roller coaster ride today. The U.S. Dollar Index has sold off sharply lower since 11:30 am EST. As we all know by now, when the U.S. Dollar Index declines the major stock and commodity indexes inflate and t > read more

Economic Data vs. Expectations and Stock Prices

Published on 2011-06-02 13:36:00

For the last year I have been posting charts of the trends in various economic data reports versus consensus expectations. The last time around, in Continued Lackluster Data vs. Expectations, I commented that the April data indicated “manufacturing > read more

Current SPX Pullback Second Longest Since March 2009 Bull Market Began

Published on 2011-06-02 12:07:00

Since the current bull market began back in March 2009, I have periodically been posting a table of the most significant pullbacks in the S&P 500 index. With today’s drop down to the 1305, it has now been one full month (22 trading days) since > read more

Market Alert: Bank Stocks May Have Bottomed

Published on 2011-06-02 11:46:28

The bank stocks have been hammered throughout 2011. They may have finally bottomed. Banks are one of the poorest performing sectors of 2011. Goldman Sachs Group, Inc. (NYSE:GS) hit a high $175.34 in early 2011 before hitting its low today at $131.50. > read more

3 rules broken, 3 trades lost

Published on 2011-06-01 20:55:00

This was a bummer of a day and I didn't even trade for a full hour (total). I was way too busy to be trading and I know from a few weeks ago that when things are busy at work I need to shut down the trading room for the day. Today was no exception an > read more

Market Bloodbath, Imagine If The U.S. Dollar Index Was Higher

Published on 2011-06-01 15:04:06

This afternoon, the major stock market indexes are getting pummeled. The Dow Jones Industrial Average is trading lower by more that 225.0 points in a broad based decline. Traders and investors are selling everything this afternoon as the European deb > read more

Catastrophic fall in labor force in the U.S.

Published on 2011-06-01 14:19:00

Labor force in the U.S. experiences unprecedented fall. With total population growing at a healthy pace of ~1% per year, the number of people in labor force has been physically decreasing since 2009. The reason behind this effect is the labor force p > read more

Master Analysis: Stock Markets Tumble

Published on 2011-06-01 11:55:29

The markets continued their big drop into the lunch hour with the SPDR S&P 500 ETF (NYSE:SPY) hitting a low of $132.85. This fall was mainly due to panic over the ADP Private Sector Employment numbers which came in sharply lower than estimates. > read more

Markets Panic On Jobs Data

Published on 2011-06-01 11:07:34

The markets dropped sharply this morning on the back of the ADP Private Sector Employment numbers. Analysts had expected a solid 190,000 private sector jobs to have been created last month. The number reported today at 8:15pm ET was a meager 38,000. > read more

Cloud Stocks Keep The Sky From Falling

Published on 2011-06-01 09:51:15

The major stock market indexes have reversed all of yesterday’s holiday hangover rally. The Dow Jones Industrial Average is now trading lower by 122.00 points. The financial stocks are getting sold off sharply and this weak sector is certainly > read more

Financial Stocks Lead The Decline

Published on 2011-06-01 09:29:30

The major financial institutions have been holding steady over the past week, however, this morning, the large financial stocks are leading the major stock indexes lower. When the major financial stocks decline it will certainly put a lot of pressure > read more

Puts in an international rally? We’ll see how these plays play out

Published on 2011-05-31 20:45:00

Today started nicely when I closed my postion with NEOM. Plan was to try to conserve my capital for a NEOM bounce but too many other plays popped up and, well, I took them. We’ll see how wise that was in the coming days. Tomorrow I’m pretty much > read more

Broadcom Under Pressure

Published on 2011-05-31 14:35:42

Broadcom Corp.(NASDAQ:BRCM) is one of the leading semiconductor stocks that has come under selling pressure this afternoon. BRCM stock is trading lower today by $1.14 to $35.38 a share. This stock is selling off sharply lower today after staging a th > read more

Motor fuel price to fall in the near future

Published on 2011-05-31 14:34:00

Our task is to estimate relative growth in a given price with time. �We use the ratio of price index, P(t), and GDP per capita in current prices, Y(t) (the idea borrowed from V.Kossov):� Z(t)=P(t)/Y(t)Figure 1 presents the evolution of the > read more

Chart of the Week: XIV Celebrates Six-Month Birthday

Published on 2011-05-31 13:45:00

Yesterday marked six months since the launch of the VelocityShares Daily Inverse VIX Short-Term ETN (XIV).While XIV’s launch was received with little fanfare, I was a huge fan of this ETN right from the start. Less than one week after XIV was launc > read more

Food is getting cheaper

Published on 2011-05-31 12:58:00

Food is getting more and more expensive. Everybody knows that.� Figure 1 illustrates the evolution of the price index of food since 1913. At the same time, the US economy also grows including the growth in real GDP per capita which is shown in F > read more

Time To Refresh Your View of the Markets?

Published on 2011-05-31 12:44:20

� (The following is the Introduction to the latest BullBear Market Report for BullBear Traders members) In the last BullBear Market Report, I called for a significant correction to begin and announced that I had closed all long positions and in > read more

Small Cap Chinese Stocks Back In Favor

Published on 2011-05-31 11:22:56

This morning, it was announced that Morgan Stanley (NYSE:MS) in Asia invested $50 million in Yongye International, Inc. (NASDAQ:YONG). This is a significant investment for a company only valued at approximately $250 million. In addition, it is catchi > read more

Solar On Fire Off Germany

Published on 2011-05-31 11:07:09

Germany, already an avid fan of solar energy, announced they would have all nuclear power plants shut down by the year 2022.  This was in response to the horrific catastrophe in Japan just a couple months ago.  The meltdown at the Fukushima Daiichi > read more

What A Fade!

Published on 2011-05-31 09:57:39

This morning, the major stock market indexes have faded from the sharp gap higher open. This fade from the open can only mean that the U.S. Dollar Index is trading off the morning lows. The S&P 500 Trust(NYSE:SPY) is short term oversold intra-day > read more

VM Ware and Salesforce.com Lag Early

Published on 2011-05-31 09:46:55

This morning, the major stock indexes are all trading higher as the U.S. Dollar Index remains at the lows of the session. The rally today is broad based with early strength in energy, commodities and technology. Two leading technology stocks are not > read more

Trading Review: NEOM, OPTR, REDF, TBBC

Published on 2011-05-29 19:20:00

A little early on the post, considering the markets are closed Mon, but I’m working tomorrow and figured I get this out of the way. Friday I was busy with other things and so trading took a back seat, however, I was able to ride some pretty nice mo > read more

The New Keynesian Phillips Curve – methodological dead-end

Published on 2011-05-28 11:49:00

Couple days ago we presented a Phillips curve for Germany.� When unemployment leads inflation (the GDP deflator) by one year in the model, one can explain about 80 per cent of the variability in the inflation time series. The model residual erro > read more

Real economic growth. The importance of being … small

Published on 2011-05-28 09:00:00

Here, we compare real economic growth based on real GDP per capita, G. In developed countries, annual increment of GDP per capita is constant over time with all fluctuations caused by the change in the age pyramid. The average value of the annual inc > read more

Mark Thoma on the trend in real economic growth

Published on 2011-05-27 10:52:00

Mark Thoma has published a long post on the evolution of real economy in the U.S. The question is -When will real GDP�intercept its long-term trend? Or will it intercept at all? Mark also cited some related posts by Mankiw, Krugman, DeLong and o > read more

Expiring Monthly May 2011 Issue Recap

Published on 2011-05-27 01:50:00

A quick reminder that the May edition of Expiring Monthly: The Option Traders Journal was published earlier this week and is available for subscribers to download.This month’s feature article, Understanding Order Flow, Part One: Reading It, is auth > read more

Review: JAMN, TBBC, REDF, NFLX

Published on 2011-05-26 22:45:00

Much more manageable today. Just added a put but had to work most of the day. JAMN-scan from @investorslive Wed night (http://bit.ly/kF172K). If you look at the 5 day chart you can see the higher lows being formed and Wed showing 2.10 as a key test ( > read more

Holiday Float Begins: How To Profit

Published on 2011-05-26 13:14:00

The markets are heading slowly north as predicted in my article yesterday. This is classic pre-holiday action caused by the Federal Reserve and their POMO, along with light volume and an overbought Dollar short term. The SPDR S&P 500 ETF (NYSE:SP > read more

Financial Stocks Continue To Struggle

Published on 2011-05-26 09:43:23

Most of the leading financial Stocks have been under pressure since the beginning of May. This leading sector is now starting to get extended on the downside and could be due for a short term bounce in the coming days. It is important to note that mo > read more

Labeling and Script Use May Cause Problems For Optimer’s New Drug

Published on 2011-05-26 03:15:32

Optimer Pharmaceuticals is quickly approaching its May 30th PDUFA as as heavy favourite to win a positive vote from the FDA to market its product, yet it seems that many investors are discounting the potential for a surprise negative outcome. The com > read more

Spread too thin at the open, but felt comfortable trading RPTP

Published on 2011-05-25 19:58:00

As yesterday had no day trades, today I didn’t even open any new positions—focused on closing things out. I’m working on keeping my positions to 1-3 day trades and a few options (maybe 10% of the account). I’ve said this before but today it b > read more

Which Sector Is Worst, Homebuilders Or Airlines?

Published on 2011-05-25 14:54:16

The homebuilder, and airline sectors give us tremendous trading opportunities on a daily basis, however, these two sectors are simply terrible long term investments. The current economic climate simply cannot support these industries. Since August 20 > read more

Stock Charts To Make Passionate Love To

Published on 2011-05-25 11:36:37

Finding a great chart is often better than making love. While both give you pleasure, a great chart setup will pay you hundreds, if not thousands. On the other hand, making love means we often end up paying dearly for the hot passion desired, either > read more

Markets To Move Higher Into Holiday

Published on 2011-05-25 11:02:07

The markets put in a solid low on a gap down this morning. This selling took place in response to fears of a new emergency election in Greece. On this worry, the Dollar moved higher which in turn pushes the stock markets in the U.S. lower. The SPDR S > read more

Is Anyone Watching Any Other Chart?

Published on 2011-05-25 10:17:54

At this time, almost every trader in the world is watching the U.S. Dollar Index(DX) chart. This morning, the U.S. Dollar Index has pulled back after the opening bell rang at the New York Stock Exchange. This decline in the U.S. Dollar has caused the > read more

New Zealand. Sad economic forecasts

Published on 2011-05-25 10:13:00

Here we introduce a new model of unemployment in New Zealand. �It extends the set of models linking the rate of unemployment and the change in labour force. �The agreement between the measured and predicted unemployment estimates in New Zea > read more

The Phillips curve in Germany

Published on 2011-05-25 04:18:00

In the posts on the USA and the UK, we mentioned the anti-Phillips curve in which unemployment lags behind inflation by several years. This contradicts the paradigm of the modern economic theory. There are cases, however, which comply with the theory > read more

Illness and tornado warnings couldn’t keep me from getting this blog post done

Published on 2011-05-24 22:06:00

No--nothing spectacular to report in this post. Just an eye catching title. The tornado warnings expired, but the ballpark, who just took the tarp off the field a few minutes ago, put it back on and are evacuating the stadium so looks like we're no > read more

Stock Market Analysis: The Day Revealed

Published on 2011-05-24 11:59:40

The markets have slowly faded off the opening highs as fears about the global economy continue. This market is not just worried about the European debt crisis which has bubbled up again, but also the debt ceiling issue in the U.S., inflation, jobs an > read more

The Phillips curve and anti-Phillips curve in the U.K.

Published on 2011-05-24 11:36:00

Looking at two pictures below, please decide which is closer to reality. I have found� a version of the Phillips curve for the U.K. in this paper - "What Drives Inflation in the Major OECD Economies?" by Diego Moccero, Shingo Watanabe, Boris Cou > read more

Markets Hesitate As Worry Still Remains

Published on 2011-05-24 11:01:34

The markets are trading slightly higher today as the holiday weekend inches closer.  The SPDR S&P 500 ETF (NYSE:SPY) is trading at $132.36, +0.30 (0.23%). There are still faint worries about the European debt crisis but with the Dollar trading l > read more

Deflation in Japan. The other view

Published on 2011-05-24 10:51:00

Our previous post showed that inflation in Japan�can be�completely explained by the change in labor force. Obviously, there are different (and wrong) explanations based on monetary policy of the Bank of Japan. Below is an abstract of� > read more

It Is 10:30, Do You Know What The Dollar Is Doing?

Published on 2011-05-24 09:45:32

This morning, the major stock market indexes are trading higher on the session, this can only mean that the U.S. Dollar Index is trading lower. The U.S. Dollar Index futures(DX M1) are trading lower by 0.21 cents to $76.02 per contract. At this time, > read more

Energy Stocks Find Fuel In Dollar Decline

Published on 2011-05-24 09:15:58

This morning, the leading energy sector is bouncing higher helping to lift the S&P 500 Index. It is important to note that the energy sector accounts for roughly 16.0 percent of the S&P 500 Index. WTI oil is trading higher this morning by $1. > read more

The GDP deflator in Japan

Published on 2011-05-24 07:32:00

We have already mentioned that Japan is the best illustration of our concept linking inflation/unemployment to the change in labour force. In the previouspost on inflation in Japan, we modelled the overall CPI. Here we illustrate the long term equili > read more

The anti-Phillips curve indicates that the rate of unemployment in the UK must drop below 7% by the end of 2013.

Published on 2011-05-24 05:50:00

We introduced a model of unemployment in the USA and other developed countries six years ago. The rate of unemployment, ut, and price inflation, CPIt, are driven by the same force - the rate of change of labour force. Briefly, there exists a long-ter > read more

Part-time Pennystock Trader 2011-05-23 20:23:00

Published on 2011-05-23 20:23:00

Sorry folks, no post tonight...whatever I got is kicking my butt. Still long TBBC, added a put to short RL this week. FONR was holding 2.20, might try it tomorrow or OPMG if it has any pull back at the bell. > read more

Agriculture Stocks Buck The Trend

Published on 2011-05-23 14:53:34

Anyway you slice it or dice it, the major stock indexes are under selling pressure today. Most leading industry groups are trading lower this afternoon as the U.S. Dollar Indexes rallies higher and deflates the stock markets. There is one sector that > read more

Stock Market Longs In Play

Published on 2011-05-23 12:00:34

The charts are once again revealing some interesting swing trades as the markets are getting smoked on continued European debt crisis worries. The key with any chart is to find a level that has significant support. There, wait patiently until price h > read more

European Crisis: A Path To QE3

Published on 2011-05-23 10:56:00

There is little doubt in anyones mind that the current crisis hitting Europe may be just what the Federal Reserve ordered for another round of quantitative easing. In the very least, the Federal Reserve has already made it clear they will re-invest a > read more

Blood On The Street

Published on 2011-05-23 09:05:48

This morning, the major stock market indexes are declining sharply lower. The catalyst for the steep stock market decline is once again the stronger U.S. Dollar. When the dollar rallies or trades higher the major stock and commodities will deflate an > read more

Labour force participation in Sweden and the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel

Published on 2011-05-22 13:21:00

We have published a number of models for the rate of participation in labour force, LFP. The intuition behind the model is very simple. The growth in real GDP influences the labour force supply through redistribution of personal incomes. Fluctuations > read more

Inflation in the UK – no sign of deflation any time soon

Published on 2011-05-22 05:07:00

There exists a long-term equilibrium link between price inflation, CPIt, unemployment, ut, and the rate of change of labour force, lt=dLF/LFdt, as was demonstrated in this blog for many countries. The UK is one of the world biggest economies with a r > read more

Unemployment in Italy

Published on 2011-05-22 02:01:00

We introduced a model of unemployment in Italy in 2008 with data available only for 2006. The rate of unemployment was near its bottom at the level of 6%. The model predicted a long-term growth in the rate unemployment to the level of 11% in 2013. I. > read more

The reason of high unemployment in Spain

Published on 2011-05-21 07:14:00

Here we model the rate of unemployment, ut, in Spain using its dependence on the change in labor force, lt=dLF/LFdt. This is another country joining the set of most developed economies with the same relationships between employment and labor force. F > read more

Low inflation in Germany

Published on 2011-05-21 04:47:00

There exists a long-term equilibrium link between price inflation, CPIt, and the rate of change of labour force, lt=dLF/LFdt, as was shown in this blog for many countries. Germany is a crucial economy to validate this link.� It had a major chang > read more

S&P 500 Continues Below 20-Day Average (Chart) *Down 3 consecutive weeks*

Published on 2011-05-20 20:02:00

$ $ $Japan is officially in a recession with a negative GDP of -3.7% (annualized rate) for the quarter ended March 31, 2011S&P 500 OverviewS&P 500�The S&P 500 closed the week at�1333.27�on Friday, May 20, 2011.�The S&# > read more

Trade Review: JAMN

Published on 2011-05-20 15:21:00

Yes...another miss. I need to start doing these reviews for my winning trades too, if not to learn then to at least make me feel better.JAMN-went long this morning with the plan of a move towards 3, maybe 2.90…but when you got two professional day > read more

This Chart Says It All

Published on 2011-05-20 11:54:19

The major stock market indexes have become nothing more than an inverse play on the U.S. Dollar Index. Forget earnings, economic news and any other lie Wall Street has programmed us to believe. It is the U.S. Dollar Index that moves markets. Look at > read more

Commodity Leaders Feel The Pressure

Published on 2011-05-20 09:59:58

As you all know by now, every trade is essentially a dollar trade. The leading commodity stocks will usually feel the pressure the most when the U.S. Dollar Index rallies. Therefore, traders should always watch for weakness in stocks such as Freeport > read more

The U.S. Dollar Dictates Every Market Move

Published on 2011-05-20 09:26:39

This morning, the U.S. Dollar Index futures are trading by 0.29 cents to $75.59 a share. When the U.S. Dollar Index trades higher on the session the major stock indexes will usually deflate and trade lower. The energy sector looks to be declining the > read more

Trade Reviews: ACTC CCME TBBC

Published on 2011-05-19 20:27:00

This post is a little different from the other ones. Today I’m going over why I did what I did during my day trades. I’m going over the losers since reviewing what I did wrong will hopefully help me be better in future trades. As someone mentione > read more

You Know It Is Options Expiration Week

Published on 2011-05-19 14:45:16

You know it is option week when: 1. The U.S Oil Fund (NYSE:USO) drops with the U.S. Dollar Index and trades in an 0.80 cents intra-day trading range. 2. Apple Inc.(NASDAQ:AAPL) opened at $342.40 and found an intra-day bottom at $338.67 which was an h > read more

MasterCard And American Express Targets

Published on 2011-05-19 11:23:58

MasterCard Incorporated (NYSE:MA) and American Express Company (NYSE:AXP) have been two of the strongest stocks in the market over the last few months. Both stocks are approaching multi year pivot highs. MasterCard is going to hit the $310 level, whi > read more

The Goldman Sachs Target Level

Published on 2011-05-19 11:09:13

The bank stocks continue to perform poorly in the market action today. Goldman Sachs Group, Inc. (NYSE:GS) is trading $139.09, -1.75 (-1.24%).  The price action in the bank stocks of late tells of further downside. Goldman Sachs will likely hit supp > read more

Las Vegas Sands Fades From The Open

Published on 2011-05-19 09:46:57

Las Vegas Sands Corp.(NYSE:LVS) is a leading casino stock that started the morning higher and has faded from the open. This morning the stock is trading higher by 0.28 cents to $41.84 a share. The stock has been under selling pressure since early May > read more

The Next QE-3 Will Be In 2012

Published on 2011-05-19 09:28:14

Almost everyone in the financial media is talking about the current quantitative easing program(QE-2) that is scheduled to expire in late June 2011. This is where the central bank, called the Federal Reserve, creates money and buys U.S. Treasuries. T > read more

Got caught trading a gap up (yep crapped out), but a penny bounce made up for it

Published on 2011-05-18 19:09:00

Looks like a battle between my IRA account (the slow account, literally) and the trading account (fast execution)…and my IRA is winning, surprisingly. I used the IRA to play the LEXG bounce with @investorslive and the chat last week Friday since PD > read more

Got caught trading a gap up (yep crapped out), but a penny bounce made up for it

Published on 2011-05-18 19:09:00

Looks like a battle between my IRA account (the slow account, literally) and the trading account (fast execution)…and my IRA is winning, surprisingly. I used the IRA to play the LEXG bounce with @investorslive and the chat last week Friday since PD > read more

Got caught trading a gap up (yep crapped out), but a penny bounce made up for it

Published on 2011-05-18 19:09:00

Looks like a battle between my IRA account (the slow account, literally) and the trading account (fast execution)…and my IRA is winning, surprisingly. I used the IRA to play the LEXG bounce with @investorslive and the chat last week Friday since PD > read more

Got caught trading a gap up (yep crapped out), but a penny bounce made up for it

Published on 2011-05-18 19:09:00

Looks like a battle between my IRA account (the slow account, literally) and the trading account (fast execution)…and my IRA is winning, surprisingly. I used the IRA to play the LEXG bounce with @investorslive and the chat last week Friday since PD > read more

Got caught trading a gap up (yep crapped out), but a penny bounce made up for it

Published on 2011-05-18 19:09:00

Looks like a battle between my IRA account (the slow account, literally) and the trading account (fast execution)…and my IRA is winning, surprisingly. I used the IRA to play the LEXG bounce with @investorslive and the chat last week Friday since PD > read more

Got caught trading a gap up (yep crapped out), but a penny bounce made up for it

Published on 2011-05-18 19:09:00

Looks like a battle between my IRA account (the slow account, literally) and the trading account (fast execution)…and my IRA is winning, surprisingly. I used the IRA to play the LEXG bounce with @investorslive and the chat last week Friday since PD > read more

Got caught trading a gap up (yep crapped out), but a penny bounce made up for it

Published on 2011-05-18 19:09:00

Looks like a battle between my IRA account (the slow account, literally) and the trading account (fast execution)…and my IRA is winning, surprisingly. I used the IRA to play the LEXG bounce with @investorslive and the chat last week Friday since PD > read more

Got caught trading a gap up (yep crapped out), but a penny bounce made up for it

Published on 2011-05-18 19:09:00

Looks like a battle between my IRA account (the slow account, literally) and the trading account (fast execution)…and my IRA is winning, surprisingly. I used the IRA to play the LEXG bounce with @investorslive and the chat last week Friday since PD > read more

Colgate Palmolive and Procter & Gamble Still Look Good

Published on 2011-05-18 14:40:29

Many traders and investors seem to get nervous when stocks such as Colgate Palmolive Co (NYSE:CL), and Procter & Gamble Co. (NYSE:PG) are two of the strongest stocks in the entire market. These two particular are companies are very defensive stoc > read more

Answers: Where To Buy These Stocks

Published on 2011-05-18 12:11:13

Out of favor stocks still need some love and if played correctly, these plays can return huge amounts of money in a short amount of time. The key is to catch an out of favor stock at the dead low support area, prior to a gigantic bounce. These type o > read more

With the market moving like a pumped penny I found some comfort in a real penny play

Published on 2011-05-17 19:54:00

I had work to keep me busy most of the morning so I couldn’t track most of my stocks/options very well. The lesson I need to learn (and keep saying) is cut down on the amount of open positions I have in the trading account. Too many moving pieces a > read more

With the market moving like a pumped penny I found some comfort in a real penny play

Published on 2011-05-17 19:54:00

I had work to keep me busy most of the morning so I couldn’t track most of my stocks/options very well. The lesson I need to learn (and keep saying) is cut down on the amount of open positions I have in the trading account. Too many moving pieces a > read more

Big Blue Saves The Dow Jones Industrial Average

Published on 2011-05-17 14:44:24

This afternoon the Dow Jones Industrial Average(DJIA) is the weakest stock index in the market. It is important to note, that while this index is the most highly followed index by the public the index consists of just 30 large cap blue chip stocks. T > read more

Stock Market Analysis: Keys Of The Day

Published on 2011-05-17 12:48:07

The markets are struggling again on the back of a stronger U.S. Dollar. This is pushing commodities like oil sharply lower. In addition, demand fears are hurting technology stocks again today as countries like Greece and Ireland look to need another > read more

As Inverse As Ever

Published on 2011-05-17 09:47:58

It is rather amazing to trade day after day and see how the major stock market indexes such as the S&P 500 Index, and the Dow Jones Industrial Average(DJIA), continue to trade inverse to the U.S. Dollar Index(DXY) virtually tick for tick. When th > read more

Retail Stocks Flex Muscle Early

Published on 2011-05-17 09:15:00

This morning, the retail sector is the one area of the market that is holding up despite the early stock market declines. Many traders and investors have been buying retail stocks as the price of oil, and gasoline have declined. The Retail Holders Tr > read more

Stocks falling all around me as I watch the pennies fly high

Published on 2011-05-16 15:36:00

Well today was a lesson in discipline for sure. I wanted to buy puts on BIDU, buy some penny plays, sell in this panic. I ended up buying one penny play that still looks good, a put on the SPY, and sold my SPY call since the SPY was about to hit my t > read more

Schizophrenic Market

Published on 2011-05-16 14:51:42

If you are an intra-day stock trader you will have noticed that the major stock market indexes have traded all over the map. The Dow Jones Industrial Average has traded over 300 points from its intra-day peaks and troughs. The driving force behind ev > read more

Apple Shows Signs Of Key Break Down

Published on 2011-05-16 11:35:35

Apple Inc. (NASDAQ:AAPL) has been stuck in purgatory for weeks now, trading sideways to lower. It did not matter if the markets were sharply higher or lower, Apple continued to trade flat to lower. This pattern for many is known as bullish consolidat > read more

Manipulation: Bullish Case For The Week

Published on 2011-05-16 11:17:19

The markets are hovering slightly higher, after a gap lower this fine Monday morning. The SPDR S&P 500 ETF (NYSE:SPY) is trading at $134.34, +0.30 (+0.22%). This move higher is due to the weakness in the Dollar. Always remember, the markets will > read more

Agriculture Stocks Sprout On Weaker Dollar

Published on 2011-05-16 10:17:01

This morning, the leading agriculture stocks are bouncing higher this morning as the U.S. Dollar Index pullbacks back. Often the agriculture stocks will behave very much like a commodity stocks and react positive from a weaker dollar. Potash Corp Sas > read more

Gold And Silver On The Move, Watch These Resistance Levels

Published on 2011-05-16 09:48:20

Gold is trading higher seven points this morning  to $1500.00 an ounce. The SPDR Gold Shares (NYSE:GLD) are trading higher by 0.80 cents to $146.43 a share. Short term traders must watch for short term intra-day resistance around the $146.66 area. S > read more

Nice day trade but options keeping me down

Published on 2011-05-15 20:00:00

Friday was a good day for the day trade—scalped a little from LEXG with the help of @investorslive. My options, however, not so e…with the exception of NFLX, which looked to be turning now with a test of 247. Silver is still in the pause before > read more

Nice day trade but options keeping me down

Published on 2011-05-15 20:00:00

Friday was a good day for the day trade—scalped a little from LEXG with the help of @investorslive. My options, however, not so e…with the exception of NFLX, which looked to be turning now with a test of 247. Silver is still in the pause before > read more

Three Small Cap Biotechs Primed For Corrections Following ASCO

Published on 2011-05-15 12:27:55

The month of May has thus far been a very profitable one for investors in a number of small cap biotechs leading up to the June 2011 ASCO meeting, particularly ones that haven’t consequently fared too well once their respective binary events ha > read more

Validation of the New Zealand GDP model

Published on 2011-05-15 04:38:00

Following the post on the German real GDP per capita, we revisit the 2008 model for New Zealand. It was also obtained by the trial-and-error method. Empirical constant A and the specific age, Ns, in the defining equation: g(t) = dlnG(t)/dt� = A > read more

How long will last real economic growth in Germany

Published on 2011-05-15 02:53:00

Germany has demonstrated an extraordinary increase in real GDP in 2010: +3.6 per cent. ��In the first quarter of 2011, the level of real GDP was 5.2% above that in the first quarter of 2010. This jump is especially desirable after the treme > read more

Do you really believe that the economic authority can control labor force and unemployment?

Published on 2011-05-14 13:16:00

Lately, we presented a graph with the rate of participation in labor force, LFP, in the USA. Our task was to show that the change in LFP between 1965 and 2000 induced much bigger variations in labor force than the biggest historical change in unemplo > read more

Significant Stock Market Correction In Progress Now?

Published on 2011-05-14 12:56:37

I’ve been long SPX since the September 2010 bottom and an aggressive buyer on pullbacks. Today I exited all long trades and went to 100% cash and then even took on a small short position. My current analysis shows ample reason to conclude that > read more

Overall and core CPI in April 2011

Published on 2011-05-14 02:44:00

The surge in oil and energy price (19% from April 2010) has ignited a fierce discussion on the future of the overall price inflation and the actions needed from the Feds in response to the danger associated with hyperinflation. The FOMC has decided n > read more

A day late due to blogger.com probs: PDT is still keeping me from winning…or losing I guess

Published on 2011-05-13 22:47:00

Note that this post was supposed to have posted on 12MAY11. Problems with the host server blogger.com prevented me from posting it before the opening on 13MAY11.So I think I can’t day trade until next week because of PDT rules. I looked for more m > read more

S&P 500 Drops Below 20 Day Average (Chart) *Down -1.89% in May*

Published on 2011-05-13 18:55:00

$ $ $The EU debt crisis resurfaced again this month as the debt of Greece, Ireland, and Portugal will be a higher percentage of GDP than originally projected.S&P 500 OverviewS&P 500�The S&P 500 closed the week at�1337.77�on > read more

Buy: Stocks Hitting Key Support

Published on 2011-05-13 11:13:14

Many stocks have fallen sharply over the last week as the Dollar made a dramatic low and surged higher. Today, the Dollar is ripping higher, forcing the stock market lower. The PowerShares DB US Dollar Index Bullish (NYSE:UUP) is currently trading at > read more

It Is Friday the 13th, Can The Dollar Decline Enough To Save The Markets?

Published on 2011-05-13 10:03:30

It is the dreaded Friday the 13th, can the U.S. Dollar Index decline enough to save the major stock market indexes again? Yesterday, as soon as the U.S. Dollar Index declined from its intra-day high the stock market indexes all posted gains into the > read more

Gold Miners Inch Higher Early

Published on 2011-05-13 09:21:52

The leading gold mining stocks have been market laggards since putting in a pivot high on April 8, 2011. The popular and highly traded Market Vectors Gold Miners ETF(NYSE:GDX) topped out at $64.14 a share which was actually a lower high from the Dece > read more

The DXY Futures Turn Into Scrambled Eggs

Published on 2011-05-12 14:25:06

The U.S. Dollar Index futures(DX) are trading all over the map this afternoon. Traders should take note how almost every stock and commodity inflated higher when the DXY sold off. The opposite is true when the DXY bounces or rallies higher, the major > read more

End Game: The Strong Keep Chugging

Published on 2011-05-12 11:52:19

In a market frightened by the end of QE2, ugly Jobless Claims numbers and commodity prices that seem to be moving faster than a small cap stock, Intel Corporation (NASDAQ:INTC) and Amazon.com, Inc. (NASDAQ:AMZN) keep pushing higher. These two stocks > read more

The Ultimate Safety Stocks

Published on 2011-05-12 10:05:54

Whenever the major stock indexes come under selling pressure or even have a correction there are a few stocks that seem to be safety stocks. These are stocks where investors will immediately flock to and park their money in order to weather the storm > read more

Cloud Stocks Flying High

Published on 2011-05-12 09:44:52

This morning, the major stock indexes are all coming under some selling pressure. However, there is one group of technology stocks that are trading higher just after the opening bell and they are the cloud computing stocks. Traders should always keep > read more

Can The U.S. Dollar Index Decline Enough To Save The Markets?

Published on 2011-05-12 08:51:32

Since the weekly initial claims number was released at 8:30 am EST this morning, the U.S. Dollar Index(DXY) has declined lower. When the U.S. Dollar Index declines the major stock market indexes will inflate and trade higher. It now seems that comput > read more

Options give me my OTC fix, same sort of volatility but with a better timeframe

Published on 2011-05-11 20:54:00

Today was another PDT day for me so I bought some options to give me a better trading timeframe. I think they’ll work out well. Did a little papertrading today as well, but noticed it was very different from the real thing since emotion was definit > read more

Choose: Stronger Dollar Or Higher Markets

Published on 2011-05-11 11:31:03

Politically it is a tough decision. What will get you re-elected? What is best for the American people in the short run and long term? A higher stock market or a stronger Dollar. Very few average Americans understand that we cannot have both. The st > read more

The Next Small Cap Runners

Published on 2011-05-11 11:09:40

Small stocks have been ripping over the last week and today is no different. With stocks like Quantum Fuel Systems Technologies (NASDAQ:QTWW) and OXiGENE, Inc. (NASDAQ:OXGN) up over 100% from their lows in just days, all eyes must be peeled for the n > read more

Energy Stocks Plummet

Published on 2011-05-11 09:52:29

This morning, the weak sector in the stock market is the energy sector. The leading integrated energy stocks such as Exxon Mobil Corp.(NYSE:XOM), Chevron Corp.(NYSE:CVX), and ConocoPhillips(NYSE:COP), are all trading lower by more than 1.50 percent. > read more

U.S. Dollar Rallies, Will It Fade?

Published on 2011-05-11 09:24:20

The U.S. Dollar Index(DXY) is trading higher this morning by 0.24 cents to $78.85 per contract. As we all know by now, when the DXY is trading sharply higher the major stock indexes will usually trade sharply lower. That is exactly what is happening > read more

BRICS vs BRIC

Published on 2011-05-11 05:58:00

South Africa is suggested as a new member of the BRIC with the extension of the abbreviation to BRICS. We have a working model to estimate the SA’s economic performance relative to other BRICS countries. As in the previous post, we calculate the di > read more

Who is the best performer in the BRIC?

Published on 2011-05-11 03:05:00

We have a very simple and empirically correct concept of real economic growth based on the finding that annual increment of real GDP per capita is constant in the long run. All developed countries obey this empirical law, at least between 1950 and 20 > read more

Pattern Day Trader and the missed opportunity

Published on 2011-05-10 20:59:00

Today I had one day trade and I blew it. PDT rules got me trading scared, which isn’t too bad of a thing—it allowed me to pick up DUNR last week at .85 (sold for 21% yesterday)…but today it made me so cautious that I missed picking up DUNR at a > read more

As Inverse As It Gets

Published on 2011-05-10 14:28:32

We no longer need an S&P 500 Index chart to trade. The U.S. Dollar Index chart will work just fine. Notice in the chart below how the S&P 500 Index(white and black candles) trades inverse to the U.S. Dollar Index(green and red candles). Nicho > read more

Light Volume And The Falling Dollar Save The Day

Published on 2011-05-10 14:16:15

Is this May 10, 2011 or August 10th, 2011? Where has all of the volume gone? This is one of the lightest trading volume sessions of 2011. As we should all know by now, when the trading volume is very light that will generally favor the upside in the > read more

Financial Stocks Death Spiral

Published on 2011-05-10 12:03:16

The financial stocks have been weak throughout 2011 as the Federal Reserve QE2 comes to a close. New rules and regulations have hampered them as well. As the markets have recently hit new 52 week highs, many financial stocks have made or are near new > read more

Technology: The Haves And Have Nots

Published on 2011-05-10 10:41:47

As the markets float higher today, technology is showing up mixed, with some key named stocks leading and some lagging. This divergence has been going on for the last few months and looks to be separating the strong from the weak. The weak stocks sho > read more

United States Gasoline Fund Nears 52 Week Highs Again

Published on 2011-05-10 09:52:49

This morning the United States Gasoline Fund(NYSE:UGA) is surging sharply higher. The UGA is trading higher this morning by 0.94 cents to $55.14 a share. The 52 week high for the UGA was made on May 2, 2011 at $56.00 a share. This level will still be > read more

Is the Brazilian economy doing well?

Published on 2011-05-10 09:47:00

There is general opinion that four countries of the BRIC are doing exceptionally well and have been catching up developed countries at a healthy pace. For example, Finn Kydland recently mentioned that some developing countries and emerging economies > read more

It Is All About The Dollar

Published on 2011-05-10 09:32:26

Does any takeover, or economic news in the market really even matter anymore? Today, Microsoft Corp.(NASDAQ:MSFT) bought Skype for $8.5 billion. The stock market does not care about that deal. The stock market only cares about the U.S. Dollar Index. > read more

How do you win when only 50% right? By keeping losses small

Published on 2011-05-09 18:58:00

View my other posts/give me some advice at http://part-timepennystocktrader.blogspot.com/. Follow me on twitter @BNGESG. So for the day: DUNR up 21%, OXGN up 9%, ACHN down 4%, and CIGX down 3%. I may have overtraded with CIGX since I think it cost me > read more

The reason of no economic growth in Tajikistan and Kyrgyzstan

Published on 2011-05-09 15:17:00

We developed a model for the transition from socialism to capitalism 7 years ago. It described the evolution of real GDP per capita in a parsimonious way. The original model had three defining parameters empirically estimated for a number of former s > read more

The Federal Reserve Is Stuck Between A Rock And A Hard Place

Published on 2011-05-09 14:33:34

We have all seen this act before, the U.S. Dollar Index makes an early move higher and then declines sharply from its intra-day high. Well, this is exactly what occurred today around 10:30 am EST as the U.S. Dollar Index pulled back. The effect from > read more

Economic growth: Russia vs Russia vs USA

Published on 2011-05-09 14:06:00

There are several ways to estimate real economic performance of a given country. Here we present three different approaches to the case of Russia. We have modelled the transition from socialism to capitalism in a number of socialist countries. Figu > read more

Dollar Falls Off Highs Giving Market Solid Lift

Published on 2011-05-09 11:45:41

The Dollar spiked higher for the third straight day with one small difference. Today, the Dollar pulled back into lunch, giving the markets a solid pop. The Dollar trades inversely to the markets and anytime the Dollar falls, the markets will move hi > read more

Buy: Two Stocks Nearing The Master Level

Published on 2011-05-09 11:19:36

The market is just slightly off of a mega top. Recently, the SPDR S&P 500 ETF (NYSE:SPY) hit $137.18 before reversing last week. The markets reversed primarily because the Dollar made a bottom and began to spike higher. While the markets seem to > read more

Dollar: Small Pull Back Likely, But Bottom In

Published on 2011-05-09 10:51:12

The Dollar has ripped higher over the last three trading sessions. This dramatic move has signaled a bottom in the near term. This now means pull backs in the Dollar can be bought and bounces on the Euro can be shorted.  The PowerShares DB US Dollar > read more

Stronger U.S. Dollar Index Halts Stock Market Indexes

Published on 2011-05-09 09:58:11

Monday’s are notoriously a light volume trading session which usually favors the upside action in the major stock indexes. This morning the trading volume is extremely light as the SPDR S&P 500 Trust(NYSE:SPY) is trading just 29 million sha > read more

Transport Stocks Stall On Oil Bounce

Published on 2011-05-09 09:27:59

Last week, the iShares Dow Jones Transport Index(NYSE:IYT) rallied higher despite the major stock and commodity sell off. The move higher for the transport indexes was obviously caused by the decline in oil prices. This morning oil and gasoline price > read more

Krugman on responsibility of elites

Published on 2011-05-09 03:29:00

It's getting a great fun to comment on Paul Krugman's posts and columns. The Unwisdom of Elites allows to continue the general critique of the modern economic thought. If one agrees that the elites are responsible for the current and past recessions > read more

Slap yo mamma day before the Mamma’s Day weekend

Published on 2011-05-08 19:10:00

View my other posts and give me some advice at http://part-timepennystocktrader.blogspot.com and follow me on twitter @BNGESG.Didn’t cash out on anything on Friday but I saw some things in charts that I didn’t see before—or I wouldn’t have se > read more

Atmel Looks To Continue Its Path Of Record Growth And Revenues

Published on 2011-05-08 19:00:18

To many, Atmel remains an undiscovered secret within the technology sector, yet recent exclusive semiconductor manufacturing deals with the likes of Samsung, LG, Kyocera, Nokia, HTC, Hitachi, and Motorola, have begun to spur interest. This is a compa > read more

Krugman on low inflation

Published on 2011-05-08 11:15:00

Krugman is a great supporter of the opinion that the rate of price�inflation�in� the U.S. will be low in the near �future. In this post he asks fundamental questions related to the real driving force behind inflation: First, do yo > read more

The history of GDP growth: between Luxemburg and Cyprus

Published on 2011-05-07 14:10:00

One of interesting consequences of the finding discussed in the previous post is that the gap in GDP per capita between developed countries should be constant or a linear function of time. The former case is possible only when two mean annual increme > read more

1000 arguments against the Solow growth model

Published on 2011-05-07 11:35:00

In the Solow growth model, the rate of change in real GDP per capita must approach some constant level. This is a result of the following assumption: labor and knowledge grow at constant rates and the rate of capital growth is proportional to the lev > read more

S&P 500 Tests 20 Day Average on Increasing Uncertainties (Chart) *USA & global economic expansion slows*

Published on 2011-05-07 06:01:00

$ $ $Will high oil prices stall the USA and Global economic expansion?S&P 500 OverviewS&P 500�The S&P 500 closed the week at�1340.20�on Friday, May 6, 2011.�The S&P 500, SPX,�was down -1.72% for the week, is d > read more

S&P 500 Tests 20 Day Average on Increasing Uncertainties (Chart) *USA & global economic expansion slows*

Published on 2011-05-07 06:01:00

$ $ $Will high oil prices stall the USA and Global economic expansion?S&P 500 OverviewS&P 500�The S&P 500 closed the week at�1340.20�on Friday, May 6, 2011.�The S&P 500, SPX,�was down -1.72% for the week, is d > read more

Back to the future: Ireland versus Japan

Published on 2011-05-07 01:35:00

In the previous post we mentioned the time history of the Japanese GDP per capita as a template of the future evolution in Ireland. In the 1980s, Japan was very similar to Ireland in between 1995 and 2005. �It demonstrated an outstanding real ec > read more

Back to the future: Ireland versus Japan

Published on 2011-05-07 01:35:00

In the previous post we mentioned the time history of the Japanese GDP per capita as a template of the future evolution in Ireland. In the 1980s, Japan was very similar to Ireland in between 1995 and 2005. �It demonstrated an outstanding real ec > read more

Ireland and Solow’s exogenous growth model

Published on 2011-05-06 14:40:00

Three months ago we revisited the evolution of real GDP per capita in Ireland. This was an example of a country which demonstrated an extremely high annual increment of GDP per capita growth between 1990 and 2005. This observation undermined our conc > read more

It Is Friday, What Else Could You Expect?

Published on 2011-05-06 11:34:13

Ah, the markets are surging higher today after yesterday’s bloodbath decline. Well, this should not be a real surprise to traders. By now, we should all know that the stock market rarely declines on a Friday. You see, Friday is the end of the w > read more

It Is Still A Dollar Story

Published on 2011-05-06 08:43:36

As long as the U.S. Dollar Index is declining lower this morning the major stock market indexes should remain strong. The leading commodities that were all crushed lower yesterday could all bounce up a bit on the back of a U.S. Dollar Index pullback. > read more

Stronger Dollar, No Longer A Need For Gasoline

Published on 2011-05-05 14:36:17

Today, the U.S. Dollar Index is surging higher by $1.09 to $74.12 per contract. This is the largest one day gain for the U.S. Dollar Index since January 5, 2011. As we have all learned by now when the U.S. Dollar Index declines the rest of the equity > read more

Conspiracy: Jobless Equals QE3

Published on 2011-05-05 11:21:23

The markets are wild today on the back of comments from the ECB and Jobless Claims that shot higher to 474,000.  The SPDR S&P 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF (NYSE:DIA) are trading lower while the PowerShares QQQ Trust > read more

Commodities Crash, What To Do

Published on 2011-05-05 11:05:24

The Dollar ripped higher today causing commodities to be annihilated. The Dollar jumped on ECB comments that pushed the Euro lower. The PowerShares DB US Dollar Index Bullish (NYSE:UUP) hit a high of $21.18, +0.23 (+1.07%). This is a gigantic move in > read more

Transport Stocks Sail Up Stream

Published on 2011-05-05 09:53:42

This morning the major stock market indexes are all coming under some selling pressure for the fourth consecutive trading day. There is one sector that is bucking the short term trend and it the highly popular transportation index. This morning the D > read more

Oil Gets Spanked By Stronger Dollar

Published on 2011-05-05 09:25:38

This morning, WTI oil is trading sharply lower by $3.74 to $105.51 a barrel. When the U.S. Dollar rallies higher most commodities will come under some selling pressure. The United States Oil Fund(NYSE:USO) is trading lower by $1.32 to $41.94 a share. > read more

U.S. Dollar Spike Deflates Markets

Published on 2011-05-05 09:15:11

This morning the European Central Bank (ECB) kept their benchmark interest rate unchanged at 1.25 percent. ECB President, Jean-Claude Trichet, made a statement that he never pre-committed on rates. This statement caused the U.S. Dollar Index to rally > read more

Guess PDT rules are not so bad…made me be more cautious of my trading

Published on 2011-05-04 21:04:00

View my other posts at http://part-timepennystocktrader.blogspot.com and follow me on twitter @BNGESG for what/if I trade during the day.Monday and Tuesday I made the mistake of trading while working which meant exiting trades almost as quick as I go > read more

U.S. Dollar Index, The Stock Market Cardiogram

Published on 2011-05-04 14:39:23

The U.S. Dollar Index(DXY) is trading lower by 0.08 cents to $73.06. This is another new daily chart low for the U.S. Dollar Index, however, the DXY is trading off of its intra-day low. As you probably know by now, when the U.S. Dollar Index rallies > read more

Oil Stocks Reach Short Term Support Levels

Published on 2011-05-04 11:50:40

Oil stocks have collapsed this week, a sell off of monumental proportions. The drop was almost too obvious as oil was at a level where if it moved up, the oil stocks would sell off and if it moved down, oil stocks would also sell off. This was a no w > read more

Integrated Energy Stocks Lead Markets Lower

Published on 2011-05-04 09:46:21

This morning, the major stock market indexes are coming under some heavy selling pressure. The decline in the major stock indexes looks to be very broad based. The one sector that is leading the decline this morning looks to be the large integrated e > read more

KLA Tencor and Lam Research Up In Sympathy

Published on 2011-05-04 09:18:56

This morning, the major takeover news comes as Applied Materials Inc.(NASDAQ:AMAT) buys out Varian Semiconductor Equipment Associates Inc.(NASDAQ:VSEA) for $63.00 a share in cash. This buyout is causing some of the other leading semiconductor equipme > read more

Another full day at work and I squeezed in a trade, that I probably shouldn’t have

Published on 2011-05-03 20:57:00

Today I was pretty much busy all day—too busy to trade but I still looked when I could. Before the bell I put an order to cover my short of RIMM calls, which I’ll detail why below. I also made a penny (sub-penny) stock trade that was a bad move. > read more

U.S. Dollar Index Bounces, Deflates Stock Indexes

Published on 2011-05-03 14:26:53

Around 11:00 am EST the U.S. Dollar Index rallied sharply higher off its morning lows. When the dollar pops the stock market drops. Short term traders must keep one eye on the U.S. Dollar Index chart at all times, as it seems to be the only chart tha > read more

SPX Pullback History, 2009-2011

Published on 2011-05-03 13:41:00

Since there has been only one significant pullback in stocks so far in 2011, I am taking the mild selling from the last two days as an excuse to update a table of pullbacks that I have been updating periodically since stocks bottomed back in March 20 > read more

SPX Pullback History, 2009-2011

Published on 2011-05-03 13:41:00

Since there has been only one significant pullback in stocks so far in 2011, I am taking the mild selling from the last two days as an excuse to update a table of pullbacks that I have been updating periodically since stocks bottomed back in March 20 > read more

Market Eyes Friday Jobs Report

Published on 2011-05-03 12:10:53

All eyes turn to the Non Farm Payrolls number this coming Friday. The market is looking for continued positive readings on job creation. Lately, the market has been perplexed by higher Jobless Claims, last week hitting 426,000. This number is a sharp > read more

The Trade: Energy Stocks Weaken Further

Published on 2011-05-03 11:24:59

Oil stocks have nowhere to go but down. That was the analysis given last week in an article on this very blog. At this time, Chevron Corporation (NYSE:CVX) and Exxon Mobil Corporation (NYSE:XOM) were trading at their double top, 52 week highs. This h > read more

Financial Stocks Keep Market From Dropping Further

Published on 2011-05-03 10:19:36

The large financial stocks have been under pressure since early April 2010 when the leading bank stocks reported earnings. This morning the major stock indexes are struggling to stay positive, however, it is the large financial stocks that are showin > read more

Rare Earth Stocks Dominate The Action

Published on 2011-05-03 09:24:37

The rare earth stocks exploded on the scene in December 2010 when they spike higher during the holiday season. The sector that produces lithium, beryllium, indium, gallium, neodymium, and terbium continues to hold up well on the charts at this time. > read more

Growing pains

Published on 2011-05-02 20:06:00

Today was my first day in Investor’s Underground, @investorslive’s pay service. The chat was something I’ll have to comment on later as I was too busy with work to really be in it at the key times (premarket-first hour, and last 2 hours). I am > read more

Growing pains

Published on 2011-05-02 20:06:00

Today was my first day in Investor’s Underground, @investorslive’s pay service. The chat was something I’ll have to comment on later as I was too busy with work to really be in it at the key times (premarket-first hour, and last 2 hours). I am > read more

Intra-day Dollar Bounce Rattles Markets

Published on 2011-05-02 14:27:50

Everyone in the world thought that the stock market would have been in party mode today after the announcement that Osama bin Laden was killed. Last night the S&P 500 e-mini futures soared higher when the news was made public. This morning the ma > read more

Stocks On The Move

Published on 2011-05-02 11:39:22

The markets are fading off the highs as a master level at $137.10 – $137.15 was hit on the SPDR S&P 500 ETF (NYSE:SPY). This looks like it may be a short term top in the markets. Stocks helping support the markets and keep them positive are > read more

Major Level Tagged, Markets Sell Off Highs

Published on 2011-05-02 11:04:12

The markets opened sharply higher on news that Bin Laden had been killed and a continued fall in the Dollar. The SPDR S&P 500 ETF (NYSE:SPY) is higher, trading at $136.76, +0.33 (+0.24%) while the PowerShares DB US Dollar Index Bullish (NYSE:UUP) > read more

Gasoline Trades At Another New 52 Week High

Published on 2011-05-02 09:57:05

Gasoline is trading at a new 52 week high this morning. The average price of gasoline at the pump is now $3.91 a gallon. The United States Gasoline Fund(NYSE:UGA) is trading higher this morning by 0.01 cent to $55.75 a share. As long as the U.S. Doll > read more

Pump caught me bad, time to be smart and learn from a veteran

Published on 2011-05-01 17:30:00

Friday was definitely a bad day. I traded LEXG in the morning and it was a bad move (see below). It drew my attention away from a short I was planning on (QPSA) and, more importantly, hurt my account to where I’m back to where I was 2 months ago. S > read more

Why the level of unemployment does not matter for real economic growth II

Published on 2011-04-30 13:38:00

In the previous post we demonstrated that the level of unemployment could hardly influence real economic growth because the portion of people out of labor force changes in a much wider range (by� a factor of 5) and still does not affect the real > read more

S&P 500 Rises to Highest Close Since June 9, 2008! (Chart) *VIX continues near June 2007 lows*

Published on 2011-04-30 12:44:00

$ $ $Greed and Optimism trumped Fear and Pessimism this week and the S&P 500 reached a multi-year high!S&P 500 OverviewS&P 500�The S&P 500 closed the week and the month of April at�1363.61�on Friday, April 29, 2011. > read more

Why the level of unemployment matters nothing for real economic growth

Published on 2011-04-30 03:57:00

Unemployment is a painful economic phenomenon which drives many social and political processes. For example, the Federal Reserve System has a dual mandate aimed at balancing of inflation and unemployment.� (In macroeconomic, there is no empirica > read more

Why the level of unemployment matters nothing for real economic growth

Published on 2011-04-30 03:57:00

Unemployment is a painful economic phenomenon which drives many social and political processes. For example, the Federal Reserve System has a dual mandate aimed at balancing of inflation and unemployment.� (In macroeconomic, there is no empirica > read more

Why the level of unemployment matters nothing for real economic growth

Published on 2011-04-30 03:57:00

Unemployment is a painful economic phenomenon which drives many social and political processes. For example, the Federal Reserve System has a dual mandate aimed at balancing of inflation and unemployment.� (In macroeconomic, there is no empirica > read more

Why the level of unemployment matters nothing for real economic growth

Published on 2011-04-30 03:57:00

Unemployment is a painful economic phenomenon which drives many social and political processes. For example, the Federal Reserve System has a dual mandate aimed at balancing of inflation and unemployment.� (In macroeconomic, there is no empirica > read more

Why the level of unemployment matters nothing for real economic growth

Published on 2011-04-30 03:57:00

Unemployment is a painful economic phenomenon which drives many social and political processes. For example, the Federal Reserve System has a dual mandate aimed at balancing of inflation and unemployment.� (In macroeconomic, there is no empirica > read more

Gold and Silver Love The U.S. Dollar Decline

Published on 2011-04-29 09:41:38

Gold and silver are directly benefiting from the decline in the U.S. Dollar Index. In fact, the entire stock market is rising as the U.S. Dollar Index declines intra-day. Gold and silver are both making new highs this morning. The SPDR Gold Shares is > read more

Mining Equipment Stocks Leading The Charge

Published on 2011-04-29 09:10:53

This morning the leading mining equipment stocks are surging higher. The catalyst for the move higher in the sector is the strong market reaction to the Caterpillar Inc.(NYSE:CAT) earnings release. This morning CAT is trading higher by $3.19 to $115. > read more

A share price model for Forest Laboratories between 2009 and 2011

Published on 2011-04-29 06:38:00

Forest Laboratories (FRX), like Abercrombie & Fitch, also was one of the first companies with a stable and deterministic share price model estimated in September 2009 (back into November 2008). �This is a company from Healthcare subcategory > read more

Alcoa share price

Published on 2011-04-29 04:08:00

Alcoa (AA) is a company from Materials subcategory of the S&P 500 list specialized in aluminum. According to our general approach to share price modeling we decompose the observed time history of the monthly closing AA stock price (adjusted for s > read more

Krugman’s misinterpretation of long-term inflation

Published on 2011-04-29 02:28:00

Paul Krugman has shown the evolution of headline CPI (level) since 2000 in order to demonstrate that the current trend manifests upcoming hyperinflation. His conclusion is likely wrong due to couple mistakes in the presentation and interpretation. > read more

Third times a charm? 2nd date with the penny pump slapped me hard.

Published on 2011-04-28 20:55:00

Well I lost my discipline today. I felt like I was trying to prove something when I was holding on to my (losing) position in AVVC. I can’t really explain why I didn’t just let it go, but I tell you what I was waiting for when I was holding on… > read more

Transports Lead Markets, Are They Tired Here?

Published on 2011-04-28 14:29:51

The Dow Jones Transportation Index(DJT) is one of the most highly followed indexes by traders and investors. This afternoon the Dow Jones Transport Index is trading at a new 52 week high on the charts. This index can be easily followed or traded by u > read more

Reader Q and A: Straddles and Implied Volatility

Published on 2011-04-28 13:43:00

Right before the close last Wednesday I placed an ATM straddle that proved to be profitable and I closed it after the IV spike on Thursday. I shouldn't have come back for more, but I placed another ATM straddle Monday before the close and even with t > read more

Silver Implied Volatility Rises Over 50

Published on 2011-04-28 12:28:00

Yesterday, in the awkwardly titled Is Volatility a Better Play for Silver than Direction? I noted that silver implied volatility had managed to push to heretofore unseen heights and argued that future projections based on SLV options prices had led t > read more

Goldman Sachs: Master Level To Watch

Published on 2011-04-28 11:25:42

Goldman Sachs Group, Inc. (NYSE:GS) has major support just below the $150.00 level today at $149.60. There may be a solid bounce off this point and can be utilized as an intra day scalping level to the long side. The financial stocks have been very w > read more

Goldman Sachs: Master Level To Watch

Published on 2011-04-28 11:19:27

Goldman Sachs Group, Inc. (NYSE:GS) has major support just below the $150.00 level today at $149.60. There may be a solid bounce off this point and can be utilized as an intra day scalping level to the long side. The financial stocks have been very w > read more

FOMC on inflation

Published on 2011-04-28 11:15:00

Several days ago we presented a graph (see Figure 1) with headline and core (CPI) inflation which showed a downward trend in the core price inflation. Yesterday the Federal Open Market Committee (FOMC) issued a press release also addressing inflation > read more

The Debacle That Is The Dollar

Published on 2011-04-28 11:06:45

The Federal Reserve released their FOMC Policy Statement yesterday and for the first time ever, Ben Bernanke held a conference call. To show the lack of faith in him and the Federal Reserve, the Dollar crumbled. Investors ran into gold and silver in > read more

Silver Moves Back Into The Drivers Seat

Published on 2011-04-28 10:15:04

The iShares Silver Trust(NYSE:SLV) is soaring higher this morning by 0.94 cents to $47.95 a share. Spot silver is trading around $49.06 an ounce. At this time silver is soaring whenever the U.S. Dollar declines. Traders should watch for short term in > read more

Abercrombie & Fitch between 2009 and 2011

Published on 2011-04-28 03:18:00

Abercrombie and Fitch (ANF) was one of the first companies with a stable and deterministic share price model estimated in September 2009. �This is a company from Services subcategory of the S&P 500 list specialized in apparel stores. We have > read more

Chesapeake Energy stock price model

Published on 2011-04-28 01:39:00

Another successful example of an energy company with a stable pricing model is Chesapeake Energy Corporation (CHK). Here we present a new price model for CHK using an extended set of 92 CPIs. It is an example with a share price leading defining compo > read more

Back on the saddle and averaged down on some calls

Published on 2011-04-27 19:51:00

So I wanted to play more options since it fits more into my schedule…but, man, when you see stuff like LEXG, WRIT, etc, I just want to get back in for a quick two day 30%. I was busy at the open so I missed two great buying ops: NFLX SEP 370 calls > read more

Silver and Gold Soar After The FOMC

Published on 2011-04-27 14:44:12

Gold and silver are soaring higher this afternoon as the FOMC keeps the Fed funds rate at zero percent. The iShares Silver Trust(NYSE:SLV) is trading higher by $2.58 cents to $46.63. The all time high for SLV was made two days ago at $47.00 a share. > read more

The Only Chart That Matters

Published on 2011-04-27 14:21:23

This afternoon the major stock indexes are trading higher as the Federal Reserve Bank Charmian, Ben Bernanke, gives a live press conference. As Ben Bernanke takes questions from reporters all that seems to matter is the action in the U.S. Dollar Inde > read more

How To Trade The FOMC Policy Statement

Published on 2011-04-27 11:28:38

The markets are hovering on the flat line ahead of the 12:30pm ET release of the FOMC rate decision. Obviously, rates are not going anywhere at this time so it is more a matter of the comments released by Federal Reserve Chairmen Ben Bernanke. This > read more

Is Volatility a Better Play for Silver than Direction?

Published on 2011-04-27 11:09:00

It seems as if everyone in the world has an opinion about silver. Is it a bubble? Has it topped? Is it just consolidating before it goes to triple digits?I have been trading silver directionally with a trend-following approach for many months, but re > read more

Alert: Sell Oil Stocks Now

Published on 2011-04-27 11:02:22

Oil stocks are in a precarious position which leaves no alternative but to sell them. We have seen oil prices advance sharply higher over the last two months. This has been a combination of a stronger global economy and instability in the Middle East > read more

Wal-Mart share in 2011 (update)

Published on 2011-04-27 10:55:00

We� estimated a price model for Wal-Mart Stores(WMT) three months ago. The model is based on the decomposition of a share price into a sum of two selected consumer price indices. This is a new model defined by the index of hospital and related s > read more

Retail Stocks Are Flexing Early Muscle, Can It Last?

Published on 2011-04-27 10:07:51

The strongest sector in the market today looks to be in the retail stocks. This morning the popular Retail Holders Trust(NYSE RTH) is trading higher by $1.24 to$110.70 a share. Traders must be careful here as the RTH is looking extended on the daily > read more

Can we derive energy price in 2011 Q2 from Devon Energy share price?

Published on 2011-04-27 04:39:00

We have already presented about 30 deterministic models for share prices from the S&P 500 list. The existence of these deterministic models might be perceived as if the stock market does not drive real economy, i.e. the stock market lags behind t > read more

Avery Dennison in 2011 Q2

Published on 2011-04-27 02:31:00

We presented a tentative model for Avery Dennison Corporation (AVY) in January 2011 and predicted a period of no growth in Q1. This prediction was right. Hence, it is instructive to revisit the previous model and�forecast the share behaviour in > read more

Paychex Inc. in 2011 Q2

Published on 2011-04-27 02:13:00

Paychex (PAYX) is a services company specialized in staffing & outsourcing. Here we present a share pricing model for PAYX as based on decomposition into a weighted sum of two CPI components, time trend and free term. The final model includes the > read more

Kept my losses small, still hated the trades though

Published on 2011-04-26 20:36:00

Today wasn’t my worst day trading, moneywise that is, but it sure sucked when it came to discipline, specifically in the area of taking profits (not being greedy). In AVVC I was coming into the day with about an 18% gain in two days on 30% of my ac > read more

Bernanke Rally, Can It Last?

Published on 2011-04-26 15:01:35

Every trader that I know is talking about the FOMC meeting tomorrow. This is when the Federal Reserve Bank Chairman, Ben Bernanke, is scheduled to give his first ever press conference after an interest rate decision. The market this afternoon is bett > read more

A Trio of Niche iPad Financial Markets Apps

Published on 2011-04-26 14:18:00

In my ongoing review of financial markets apps for iPad, there are several which defy easy categorization or appear to be the only entrants in their respective categories. Today I look at three such apps:ETFdb CBOE WolframAlphaAll three ap > read more

Buy Or Avoid: Have These Stocks Bottomed?

Published on 2011-04-26 11:25:15

As the markets continue to hit new 52 week highs, certain former winners are sitting at their lows. In a market this strong, how did these stocks fall out of favor? Are they good buys? The first stock is Cisco Systems, Inc. (NASDAQ:CSCO). This stock > read more

Market Action You Need To Know

Published on 2011-04-26 10:55:09

The markets are moving higher today ahead of the FOMC Policy Statement tomorrow. This release will be done in a new format which is sure to help the Federal Reserve maintain more control of the markets. First, at 12:30pm ET, they will release their > read more

Oil Holds Steady Eddie, Gasoline At New 52 Week Highs

Published on 2011-04-26 10:26:40

This morning, the highly popular United States Oil Fund(NYSE:USO) is trading higher by 0.12 cents to $44.65 a share. The USO made a new 52 week high on April 8, 2011 at $45.20 a share. This level will still be minor daily chart resistance. Until the > read more

As Inverse As It Can Be

Published on 2011-04-26 09:40:34

Whenever the U.S. Dollar Index declines the major stock market indexes will inflate and advance higher. The chart below clearly defines this inverse relationship in real time. The U.S. Dollar Index has now declined lower by 17.0 percent since June 7, > read more

Took some profits and bought more potentials

Published on 2011-04-25 19:53:00

Over the long weekend I was reassessing my account and realized a truth that shouldn’t have been overlooked: gains aren't gains until you close out the position. Yes, there’s a chance that I could leave money on the table if I close out a positio > read more

China Internet Plays Stay Hot

Published on 2011-04-25 13:16:15

China internet stocks continue to show amazing gains as Sohu.com Inc. (NASDAQ:SOHU) leads the charge, trading at $106.63, +10.94 (+11.43%).  SINA Corporation (NASDAQ:SINA) is not far behind and even small caps like China Finance Online Co. (NASDAQ:J > read more

Chart of the Week: VXV at Critical Juncture

Published on 2011-04-25 13:06:00

It seems almost like heresy to consider something other than silver or the VIX as a candidate for the Stock of the Week, but since there have been so many posts and charts about both subjects, I thought I might offer a slightly different twist.Yes, i > read more

Spotlight on the VIX and Bollinger Bands

Published on 2011-04-25 12:00:00

As we sit in the pre-FOMC doldrums contemplating how Ben Bernanke will handle his historic post-meeting press conference and wondering whether we can properly label the next VIX move to 17 or 18 a ‘spike,’ this seems like a good time to review so > read more

New Federal Reserve Style Screams Control

Published on 2011-04-25 11:15:43

The market is trading with very light post holiday volume. The first trading day after a long holiday weekend is always light and today is no exception. In addition, the markets are all looking towards Wednesday. On Wednesday, a new FOMC Policy Stat > read more

Silver Reverses Off Pre Market Highs

Published on 2011-04-25 10:52:13

Silver reversed off the early morning highs in dramatic fashion. The iShares Silver Trust (NYSE:SLV) traded above $47.00 pre market before falling to a low by mid morning of $44.53. When silver was trading at the highs, it was getting close to the 31 > read more

Are The Markets On Pause for Bernanke?

Published on 2011-04-25 09:53:02

Since late August 2010, the major stock market indexes have rallied sharply higher. The catalyst for the rally was the announcement of QE-2(quantitative easing) by the Ben Bernanke in Jackson Hole, Wyoming. The U.S. Dollar Index has been declining sh > read more

Pre-Market News and Views

Published on 2011-04-25 08:26:40

The long holiday weekend is over and today is still expected to be a light volume trading session. The S&P 500 e-mini futures are trading higher by 2.00 points to 1333.00 per contract. Often after a long weekend the market will have what we call > read more

Celgene Corporation stocks will not be growing

Published on 2011-04-25 06:15:00

Here we present a share pricing model for Celgene Corporation (CELG). A preliminary model was obtained in September 2009 and covered the period from October 2008. This old model included the same indices as the current one: the price index of food at > read more

Loews Corporation share price

Published on 2011-04-25 04:48:00

Here we present a share pricing model for Loews Corporation (L) (see a brief description of the concept here). A preliminary model was obtained in September 2009 and covered the period from October 2008. This old model included the index of food with > read more

Some ideas from the long weekend

Published on 2011-04-24 21:23:00

Below are some positions I’m considering getting into if not tomorrow then maybe later this week if the price action looks favorable to my strategy. If you want to see what I’m currently trading click HERE. Oh yeah, the big penny play looks like > read more

Cardinal Health in Q2 2011

Published on 2011-04-24 13:04:00

Cardinal Health (CAH) is one of the companies with a long story of successful modeling. In September 2009, we first estimated a preliminary two-component model from the full set 73 CPI components. As in all our models, we predict the monthly closing > read more

Computer Science Corporation will not be growing

Published on 2011-04-24 08:00:00

A year ago, we first presented a share price (monthly closing price adjusted for splits and dividends) model for Computer Science Corporation (CSC). In this post, we revisit the previous model using all data available on April 24th.� Longer time > read more

Comparison of SunTrust Banks (STI) and Franklin Resources (BEN) models

Published on 2011-04-24 04:12:00

The price model for SunTrust Banks (STI) is a brand new one. �Like Franklin Resources (BEN) reported four days ago, it is a financial company and was analyzed previously as a candidate for a bankruptcy [1]. The newly obtained model is based on i > read more

Allergan (AGN) share price model

Published on 2011-04-24 02:53:00

It’s time to revisit the price model for Allergan (AGN) first estimated in January 2011.� As before, we model the monthly (adjusted for dividends and splits) closing prices between July 2003 and March 2011. It is found that the best fit model > read more

S&P 500 Rallies on Corporate Earnings! (Chart) *VIX lowest since June 2007*

Published on 2011-04-23 11:10:00

$ $ $The second week of earnings season was a major improvement from the lackluster first weekS&P 500 OverviewS&P 500�The S&P 500 closed the shortened Easter holiday week at�1337.38�on Thursday, April 21, 2011.�The S&# > read more

CPI and core CPI

Published on 2011-04-23 06:31:00

We have been reporting on the difference between the core CPI and headline CPI since we found a long-term linear trend in this difference [1]. �Figure 1 reproduces the illustration from [1] and shows the change in the trend near 2000. > read more

Does crude drive the price index of steel and iron? (update)

Published on 2011-04-23 04:25:00

We have been following the link between price indices of iron&steel and crude oil (domestic production) since 2009. This is a quarterly update. The previous update included PPI data as of November 2010. Here we extend the set by data available af > read more

Yahoo! share in Q2 2011

Published on 2011-04-23 02:29:00

In January 2011, we wrote about YHOO share in 2011 Q1:Currently, the predicted price shows no tendency to rise. All in all, one should not expect the YHOO price to grow fast.This prediction was right and YHOO shares stalled in Q1. Here we update the > read more

Yahoo! share in Q2 2011

Published on 2011-04-23 02:29:00

In January 2011, we wrote about YHOO share in 2011 Q1:Currently, the predicted price shows no tendency to rise. All in all, one should not expect the YHOO price to grow fast.This prediction was right and YHOO shares stalled in Q1. Here we update the > read more

COP, XOM, CVX, DVN, and HAL stocks

Published on 2011-04-22 05:38:00

Two years ago we presented several models linking share prices of companies to the difference between the headline and core CPI (Kitov and Kitov 2009c) including Halliburton (HAL), Devon Energy (DVN), and Chevron (CVX). Before that paper, we had mode > read more

Share price modeling for Harley-Davidson

Published on 2011-04-22 03:35:00

Scientific literature definitely has a positive bias with successful examples more often published than failures. We also add to this bias selecting only successful models. But it is always a pleasure to describe a very stable and accurate model. Har > read more

Apple gets the good earnings and its Netflix that hits an all-time high

Published on 2011-04-21 20:46:00

Long weekend for the market. Strange how I think I’m gonna miss seeing the scoreboard light up tomorrow. Past couple of weeks I’ve been looking forward to Mon mornings since that means the opening bell. Crazy how I’m wishing I could do this ful > read more

Pepco Holdings to rise

Published on 2011-04-21 15:05:00

In this post, we introduce a new model for a company in the energy S&P 500 subcategory – Pepco Holdings (POM).� The importance of any energy related company is dictated by the influence of growing energy price on the overall economic perfo > read more

iPad Financial Markets Apps from FOX, Thomson Reuters and NASDAQ OMX

Published on 2011-04-21 12:40:00

In reviewing broad-based financial markets news and data apps for iPad, I began with the free apps, which include the high quality CNBC Real-Time for the iPad and runner up, Bloomberg for iPad – both of which I reviewed earlier this month.A second > read more

Procter and Gamble – no change in 2011Q2

Published on 2011-04-21 11:58:00

In July 2010, we presented a model for Procter and Gamble (PG) which forecasted a period of growth from $59� in June (had fell from $62 in March 2010) to $63 in September 2010.� This model was defined by the index of food away from home (SE > read more

Holiday Mode

Published on 2011-04-21 09:57:24

Usually, before a major holiday the stock markets will have some decent trading volume in the first hour of the trading session and then drift sideways for most of the day. Traders would then watch for a late day surge to occur sometime in the final > read more

Continued Lackluster Economic Data vs. Expectations

Published on 2011-04-21 09:23:00

While investors are focusing most of their attention on earnings reports, I am looking ahead to next week’s FOMC meeting, where the Fed will be more interested in economic data rather than corporate earnings.For this reason – and because of the a > read more

Lam Research Gets Roasted

Published on 2011-04-21 09:20:13

Lam Research Corp.(NASDAQ:LRCX) is a leading semiconductor equipment manufacturer that is coming under sharp selling pressure this morning. The company reported earnings after the bell yesterday and the market reaction is obviously not well received. > read more

Pre-market News and Views

Published on 2011-04-21 08:48:29

The holiday rally continues again this morning after strong corporate earnings reports by Apple Inc.(NASDAQ:AAPL), and Qualcomm Inc.(NASDAQ:QCOM). The S&P 500 Index e-mini futures(ES-M1) are trading higher by 5.00 points to 1333.00 per contract. > read more

Rise in the price of food. How long yet?

Published on 2011-04-21 02:16:00

We continue reporting on the evolution of the difference between core CPI and the index for food (beverages not included). In the previous post we confirmed that this difference had been following the long-term (negative) quasi-linear trend since 200 > read more

Will Apple earnings add to my run or kill it & pennies still making it rain

Published on 2011-04-20 20:08:00

Today was another non-exciting day of trading when I could do it (another busy day at work). I closed out some positions, re-entered another (bad idea), and looked to enter another penny (either AVVC or LEXG) but opted to watch instead.AAPL-OTM May C > read more

Day Trading Lesson: Understanding The Gap And Slow Day

Published on 2011-04-20 14:26:33

Often day traders watch the markets for ‘gap and go’ trading sessions. This is when the S&P 500 futures trade higher 7.0 – 10.0 points before the opening bell and rallies throughout the rest of the trading session. Often day traders > read more

Modeled share price of Franklin Resources (BEN) forecasts a fall

Published on 2011-04-20 13:01:00

The price model for Franklin Resources (BEN) is a brand new one. �BEN is a financial company and was analyzed previously as a candidate for a bankruptcy [1]. The obtained model is based on is our stock pricing concept and includes the consumer p > read more

The VIX, VIX Products and Replication

Published on 2011-04-20 12:31:00

Jared Woodard of Condor Options is out with a post today, Why I’m Not Worried About VIX Derivatives, in which he reviews some recent FT Alphaville commentary about the difficulty in valuing VIX futures, the idiosyncrasies of various VIX-based produ > read more

AFL stock price model

Published on 2011-04-20 11:57:00

Aflac Incorporated (AFL) is a financial company in the S&P 500 list. Using new CPI estimates published by the BLS on April 14 we have estimated a preliminary model. �The share price is defined by the consumer price index of household furnish > read more

Wells Fargo Clocks The Financial Sector

Published on 2011-04-20 11:28:49

While the markets are surging higher today, financial stocks are weak on the back of earnings from Wells Fargo & Company (NYSE:WFC).  The company reported net income that rose 51% but revenue fell. Revenue dropped to $20.3 billion from $21.5 bil > read more

Dollar Pimp-Slapped, Market Rallies

Published on 2011-04-20 10:57:40

The markets opened sharply higher today on the back of a major beat down of the Dollar and some positive earnings. Anytime the Dollar drops, it rallies the market. The bigger the drop in the Dollar, the larger the up move in the market. Today, the Po > read more

Mining Stocks Are Still Lagging The Precious Metals

Published on 2011-04-20 10:21:22

The leading gold and silver mining stocks have recently lagged the precious metals themselves. Sometimes the leading mining stocks will lead the metal, however, they have been lagging the precious metals since mid-March 2011. Gold and silver are maki > read more

Swiss Cheese Rally

Published on 2011-04-20 09:47:56

This morning, the major stock indexes are soaring higher. The rally looks to be broad based as almost every stock on my screen is in the green. Most sectors are trading higher including technology, retail, energy, and mining. While everything looks r > read more

CVS Caremark Corporation in 2011Q2

Published on 2011-04-20 02:09:00

CVS Caremark Corporation (CVS) is an old member of our list for stock price modeling. We have been following the CVS share� since 2009, i.e. since we started developing our concept of share pricing as related to consumer price indices. The origi > read more

Oxigene Nears Marketing Approval of First Anaplastic Thyroid Cancer Drug

Published on 2011-04-20 01:24:24

With just a few weeks left on the calendar before the world’s largest oncology annual meeting, investors are already gearing up their portfolios for equities that could see exponential gains based on their potentially new research abstracts. Th > read more

Nice bounce on Wall St and my pennies were pretty too

Published on 2011-04-19 21:09:00

Another busy day at work—kept me from overtrading as well as forced me to be patient. I’m feeling more calm about my trading lately which is good for me…last week I felt a little stressed with the trades, even though I was still doing pretty we > read more

Expiring Monthly April 2011 Issue Recap

Published on 2011-04-19 16:48:00

The April edition of Expiring Monthly: The Option Traders Journal was published yesterday (in keeping with our practice of publishing on the Monday following options expiration) and is available for subscribers to download.In this month’s issue I a > read more

USO Pulls Back Intra-day. Watch This Level.

Published on 2011-04-19 14:44:52

The United States Oil Fund(NYSE:USO) sold off a little from its intra-day high just before spot crude closed on the NYMEX at 2:30 pm EST. Traders should watch the $42.80 level for intra-day support. This could also be a likely scalp bounce level for > read more

The Falling U.S. Dollar Index Saves The Day

Published on 2011-04-19 14:35:45

The major stock market indexes have all rallied back higher this afternoon as the U.S. Dollar Index(DXY) makes new intra-day lows. When the U.S. Dollar Index declines it will help to inflate most stocks and commodities higher. This inverse correlatio > read more

Entry Alert: To Buy Solar Stocks

Published on 2011-04-19 11:19:04

The solar stocks have been dropping significantly over the last two weeks as global cut backs on subsidies loom. The fears are great that with austerity measures being pushed through, less rebates will be available for solar. First Solar, Inc. (NASDA > read more

Banks Weak On Goldman, BofA Buy Level Looms

Published on 2011-04-19 10:45:10

The markets opened slightly higher today after Tim Geithner defended the U.S. credit rating. He expressed his belief that there is “no risk the U.S. would lose its AAA credit rating”. This helped weaken the Dollar and lift the futures for > read more

Las Vegas Sands Craps Out. Watch This Level

Published on 2011-04-19 10:07:59

Las Vegas Sands Corp.(NYSE:LVS) has sold off from its small gap higher open. The stock has been a major winner by rallying higher since March 15, 2011 when it traded as low as $36.05 a share. This morning LVS is trading lower by 0.94 cents to $44.81 > read more

Pre-market News and Views

Published on 2011-04-19 08:22:51

S&P 500 e-mini futures(ES M1) have erased an overnight decline and are trading positive by 2.50 points to 1303.50 per contract this morning. A positive reaction to corporate earnings in some leading stocks such as Johnson and Johnson(NYSE:JNJ), a > read more

Share price of Ashland Inc.

Published on 2011-04-19 03:31:00

We have already presented a preliminary model for Ashland Inc (ASH). (The quantitative approach is described in [1].) Here we re-estimate the model using new BLS estimates of CPIs. Ashland is a chemical company in the S&P 500 list since 1983. The > read more

CIGNA Corporation stock price

Published on 2011-04-19 02:34:00

We have estimated a model for CIGNA Corporation (CI). The company is associated with health service. The model for CI is stable during the past ten months. It is a deterministic one and has been defined by the consumer price index of pets, pet produc > read more

Revisiting JNJ share price

Published on 2011-04-19 02:16:00

Recently, the BLS has reported the CPI estimates for March 2011. It is natural to revisit our models for the first quarter. Johnson & Johnson (JNJ) is one of the companies we have been following since 2009. A preliminary model was obtained in Sep > read more

Crazy day in the markets, not so crazy in my trading account

Published on 2011-04-18 20:52:00

When I woke up this morning, about 4 hours before the open, I saw that futures had dropped from last night considerably. Then news came out around an hour before the bell that US debt was being downgraded to negative—sending the futures down even m > read more

Las Vegas Sands Leads The Casino Stocks

Published on 2011-04-18 14:39:34

Las Vegas Sands Corp.(NYSE:LVS) is a leading casino stock that has been very strong today despite the sharp broad based stock market sell off. This stock is trading higher by 0.93 cents to $45.06 a share. The daily chart for LVS remains very strong a > read more

Stocks Crushed – Here Are The Buy Levels

Published on 2011-04-18 12:24:19

The markets are getting crushed today on the back of a negative outlook issued by Standard and Poor’s on the United States credit rating. Stocks are getting smacked across the board on this market weakness. While many stocks are taking a hit, s > read more

BSX in Q1 and Q2

Published on 2011-04-18 11:36:00

The price model for Boston Scientific (BSX) was reported in January 2011, as based on our stock pricing concept [1]. We expected a small rise in the price in 2011Q1. �The original model included the consumer price index of housing (H) and the in > read more

Markets Sell On S&P Negative Outlook

Published on 2011-04-18 11:28:07

The markets sold sharply this morning on the back of a downgrade by Standard & Poor’s. They downgraded the long-term credit in the U.S to negative. The SPDR S&P 500 ETF (NYSE:SPY) is trading at $129.94, -2.10 (-1.59%). This downgrade wa > read more

Commodity Stocks Get Rocked

Published on 2011-04-18 10:04:28

This morning the leading commodity stocks are declining sharply after a downgrade warning to the United States was issued by Standard & Poors. The U.S. Dollar Index is also trading higher and that will usually help to deflate asset and commodity > read more

Three Ring Circus: Gold, Silver, and the U.S. Dollar

Published on 2011-04-18 09:45:15

How low can the Federal Reserve allow the U.S. Dollar to decline? Every trader and investors understands the argument that a weak U.S. Dollar will usually boost exports and help to create inflation. However, the negative fact for the world is that th > read more

Its about time for real company stocks to catch up with the penny stock gains

Published on 2011-04-17 17:46:00

Things started turning around for my biggest loser which is some good needed news as I lost some cash on two other real company options on Fri. Picked up AAPL before earnings and I think my other options are setting up to blow up this week. Two pumps > read more

HPQ share price in 2011Q2

Published on 2011-04-17 13:37:00

In the beginning of 2011, we revisited the share price model for HPQ and predicted no change for the period between the end of November ($42.1) and the closing price of the first quarter of 2011. Actually, the closing price was $40.26. There was a sh > read more

ES forming pattern at important level.

Published on 2011-04-17 11:43:10

The emini S&P futures have formed an inverted head and shoulders over the past week, and are now sitting at an important level. Last Thursday we were unable to sustain any trade below 1300 once again as we rose back up to around 1318. Now that t > read more

Pepsi in 2011Q2

Published on 2011-04-17 08:08:00

We have been studying the link between share prices and CPIs since 2008 [1]. The model for Pepsi (PEP) has been stable over the past year and is defined by the consumer price index of food at home (FH), which is a part of the food index, and the inde > read more

Modeling share price for Boeing

Published on 2011-04-17 06:37:00

We have been following the price of Boeing (BA) shares since early 2008. The original crude model included only major price indices, and specifically, the core CPI and the index of transportation. Then we extended the set of modeling indices to 92 an > read more

IBM share price in 2011Q1. Prediction for 2011 and 2012

Published on 2011-04-17 05:18:00

Following the post on ADSK, we revisit our prediction of IBM share prices made in January 2011.� We also repeat the previous post on IBM in Appendix A in order to present our concept of share pricing and refresh the prediction. Overall we expect > read more

S&P 500 Dips First Week of Earnings Season (Chart) *VIX lowest since July 2007*

Published on 2011-04-16 10:14:00

$ $ $The first week of earnings season was lackluster, but a wave of earnings reports is coming next weekS&P 500 OverviewS&P 500�The S&P 500 closed the week at�1319.68�on Friday, April 15, 2011.�The S&P 500, SPX,&# > read more

ADSK share price in 2011Q1 and its prediction for Q2

Published on 2011-04-16 06:43:00

Here we revisit our prediction of ADSK share prices made in January 2011. �We repeat the previous post in Appendix A in order to present our concept of share pricing and refresh the prediction. Overall we expected a healthy growth of the share d > read more

Silver Continues To Lead The Precious Metals Race

Published on 2011-04-15 10:07:26

Gold and silver have both been very strong as of late moving higher almost on a daily basis. This morning silver is making a fresh new 31 year high trading above $42.00 an ounce this morning. Gold is making another fresh new all time high trading aro > read more

U.S. Dollar Index Stops Markets In Its Tracks. Will It Fade?

Published on 2011-04-15 09:24:49

This morning the U.S. Dollar Index is trading higher by 0.27 cents to $74.95. Since June 7, 2010 the U.S. Dollar Index(DXY) has declined by 16.0 percent. The falling dollar has been the catalyst for the inflate stock and commodities markets. Could th > read more

Pre-market News and Views

Published on 2011-04-15 08:31:03

The S&P 500 e-mini futures(ES M1) are trading lower by 0.75 to 1309.50 a contract. The highly followed Consumer Price Index(CPI) report was released this morning. The CPI for March was 0.5 percent and exactly what analysts had expected. In any ca > read more

Updates To Exelixis Trade: Cup And Handle Formation?

Published on 2011-04-14 23:32:56

Quick update to the trade.  The bulls are firmly in control of Exelixis (NASDAQ:EXEL) with a cup being formed on the intraday chart and a possible handle formation next.  A handle would give the ability to add more to this position, but I don’ > read more

Busy day at work, so I snagged some option plays

Published on 2011-04-14 21:27:00

Today was really busy at work. Didn’t really have any time to watch the opening so I had left my stops where they were. Luckily none of my pumps fell, but they didn’t exactly move much either. Tomorrow is another day working at the open. I’ll n > read more

Goldman Sachs Weighs On Financial Stocks

Published on 2011-04-14 14:49:29

Goldman Sachs Group Inc.(NYSE:GS) has long been know as the smartest firm on the street. However, its golden image has been tarnished since the credit crisis in 2008. In July 2010, the company paid a record $550 million fine by the Security and Excha > read more

Markets Move With Oil, Stagflation Looms

Published on 2011-04-14 12:24:56

The markets opened lower with initial weakness in oil. As the morning progressed, oil surged to the upside and the markets followed. Contrary to most retail investors thinking, weak oil is actually bad for the markets while strong oil is good. This i > read more

Oil Bounces. Watch These Resistance Levels

Published on 2011-04-14 09:52:46

This morning the United States Oil Fund(NYSE:USO) has rallied higher from the opening bell. The USO has been under selling pressure over the past few trading sessions. This morning the USO is trading higher by 0.35 cents to $43.10 a share. Short term > read more

Gold and Silver Are the Only Bright Spots

Published on 2011-04-14 09:24:13

Gold and silver continue to be the lone winners this morning as the major stock indexes come under pressure for a fifth consecutive day. Many traders and investors in the financial media continue to see gold and silver as a bubble, however, very few > read more

Pre-market News and Views

Published on 2011-04-14 08:27:47

The S&P 500 e-mining futures are trading lower this morning by 7.00 points to to 1301.75 per contract. The futures began to nosedive around 1:30 am EST when they were trading as high as 1310.25 per contract. This morning there are a lot of proble > read more

Big gain at the opening…then zzzzz with trading, work kept me busy and I was able to give the iPhone a rest

Published on 2011-04-13 21:02:00

This morning I was pretty much tied up with work. Able to take 20 minutes to manage any trades at the open. But that was about it. Tried to get some options filled when the market headed down, but it reversed mid-day and nothing filled except one. As > read more

This Is What You Should Know About Whipsaw Wednesday

Published on 2011-04-13 14:54:55

The Wednesday before options expiration is usually one of the most volatile trading sessions of the month. As we all know options expiration is on the third Friday of every month. The April expiration will be on April 15, 2011 this month. Many of the > read more

Casino Stocks Hit Blackjack

Published on 2011-04-13 10:02:38

All of the leading casino stocks are soaring higher this morning. Traders should now be alerted to the action in these leading casino stocks whenever the Asian stock markets trade higher. The business in Las Vegas, Nevada is not the reason for the st > read more

Pre-market News and Views

Published on 2011-04-13 08:29:52

What a turnaround the market is making this morning! The S&P 500 e-mini futures are trading higher by 9.50 points to 1317.75 per contract. This move higher in the futures before the opening bell at the New York Stock Exchange is almost recapturin > read more

Trade Updates 4-12-11

Published on 2011-04-13 02:30:10

With the market in correction mode, not much to update.  Bounce opportunities are available, but you must have zero loyalty/emotional attachment to be successful at these.    A bounce indicates the stock was recently falling.  That implies a bou > read more

Finally got a put that worked, pennies still handing out cash

Published on 2011-04-12 20:34:00

Today was a positive day for my portfolio. Didn’t spend too much time at the controls but just at the right times. I was driving at the open again, but had stops in place for the pennies and I did pull over to close my position on LNG (166%). Two p > read more

Alert: Commodity Selling Shakes Markets

Published on 2011-04-12 10:58:56

The markets are seeing a steep decline today as broad based commodity dumping surges. The SPDR S&P 500 ETF (NYSE:SPY) is trading at $131.16, -1.30 (-0.98%).  Oil is leading the decline for a second straight day as spot crude has fallen from $1 > read more

Airline Stocks Fly On Oil Pullback

Published on 2011-04-12 10:02:40

All of the major airline stocks are trading higher this morning on the back of declining oil prices. Since mid-February most of the major airline stocks have come under sharp selling pressure as oil began to climb higher by nearly 30.0 percent. The G > read more

Retail Stocks Trade Higher Despite Early Market Decline

Published on 2011-04-12 09:14:14

This morning the major stock market indexes are trading lower across the board. The decline is very broad based as most leading sectors including technology, and energy, are trading lower. There is one sector that is posting green on the screen and t > read more

Pre-market News and Views

Published on 2011-04-12 08:56:29

The S&P 500 Index e-mini futures (ES M1) are trading lower this morning by 7.00 points to 1312.50 per contract. The decline in the futures comes after Alcoa Inc.(NYSEAA) reported earnings last night and missed analysts estimates. Alcoa stock is t > read more

Part-time Pennystock Trader 2011-04-12 07:38:00

Published on 2011-04-12 07:38:00

Markets to open lower. AAPL & NFLX look like bargains premarket. 320x330 for AAPL & 220x225 for NFLX. gonna try and buy some if I get the chance and hold till at least earnings rpts > read more

Shorts Forced To Cover In Biotech Exelixis?

Published on 2011-04-11 23:33:23

Following up on the previous post from the forums, here is an updated chart. Exelixis (NASDAQ:EXEL) has been resting near support lines at the bottom of the trading range that was established in early March. If after hours action Monday night is any > read more

Pennies winning in a sideways market

Published on 2011-04-11 21:04:00

Again my penny trades are running circles around my traditional company trades. Could be luck for now in the OTC world but I’ll take what I can get. For the past few weeks I’ve used small positions in my trades since I was losing way too much mon > read more

Trading the March 2011 Bottom

Published on 2011-04-11 15:01:34

� A few times a year, I like to release the complete text of an edition of my BullBear Market Report.  Here’s the report issued on March 17th in which I called the bottom to the Middle East/Japan panic sell off (after having previously id > read more

Copper Stocks Look Corroded Today

Published on 2011-04-11 14:51:15

All of the major copper stocks are declining sharply lower today with most other leading commodities. The iPath Dow Jones-UBS Copper Subindex Total Return ETN(NYSE:JJC) tracks copper and is declining lower this afternoon by 0.82 cents to $59.01 a sha > read more

Update: Oil Falls, Markets Follow

Published on 2011-04-11 13:24:26

As oil drops sharply, Chevron Corporation (NYSE:CVX) and Exxon Mobil Corporation (NYSE:XOM) are also falling . This is starting to bring the Dow Jones Industrial Average lower as these are major components of the thirty stock index. The United State > read more

Oil Drop Lifts Markets, Key Stocks In Motion

Published on 2011-04-11 11:07:56

The markets opened slightly higher today on the back of a drop in oil. The markets have maintained their slight positive open as volume dries up. The SPDR S&P 500 ETF (NYSE:SPY) is trading at $133.30, +0.44 (+0.33%) as the United States Oil Fund > read more

USO Retreats. Watch These Levels

Published on 2011-04-11 10:01:56

This morning the United States Oil Fund(NYSE:USO) is pulling back by 0.46 cents to $44.69 a share. WTI crude for may delivery is declining lower by 0.93 cents to $111.90 a barrel. Short term traders can watch for intra-day support on the USO around t > read more

Pre-market News and Views

Published on 2011-04-11 08:26:36

This morning the S&P 500 e-mini futures(ES M1) are trading higher by 2.00 points to 1325.75 per contract. The catalyst for the move higher in the futures is likely due to the decline is oil prices this morning. WTI oil is declining by $1.23 to $1 > read more

Longed two pumps over the weekend, looking for a short term short on a non-pump

Published on 2011-04-10 20:45:00

Detailed here: AKAM, BGCP, CEDC, ESYL, LEXG, LNG, BARZ, BORK, NFLX So last week I planned to pear down my trading portfolio and I think I’m off to a good start. AKAM, LEXG, and ESYL are stocks that I’m focusing most of my attention on while BGCP, > read more

S&P 500 Dips -4.24 for Week (Chart) *Continues above 20 & 50 day averages*

Published on 2011-04-09 11:10:00

$ $ $Earnings season begins this next week. Will corporate profits propel the S&P 500 higher?S&P 500 OverviewS&P 500�The S&P 500 was up this past week to close at�1328.17�on Friday, April 8, 2011.�The S&P 500, > read more

Markets: The Truth Revealed

Published on 2011-04-08 11:20:26

The markets opened sharply higher. The key to the markets higher open was a crushing of the Dollar that took place overnight. The PowerShares DB US Dollar Index Bullish (NYSE:UUP) is trading at $21.53, -0.14 (-0.65%), making a new 52 week low. A w > read more

Gasoline Soars And Markets Ignore It

Published on 2011-04-08 09:14:11

Is this a sick April fools joke, or is it reality? The United States Gasoline Fund(NYSE:UGA) is making a new 52 week high this morning and the major stock market indexes around the world are all trading higher. At some point the high gasoline prices > read more

Pre-Market News and Views

Published on 2011-04-08 08:52:41

Oil is on the rise again this morning making a new 52 week high. WTI oil is trading higher by $1.15 to $111.45 a barrel. The stock market seems to love it as the S&P 500 e-mini futures(ES M1) are trading higher again this morning by 6.25 points t > read more

Perfect Timing on A Great Stock (BRCM)

Published on 2011-04-07 22:50:33

Today’s Company Invest pick is Broadcom (BRCM).  Broadcom is a very high quality Nasdaq stock.  This is an exciting pick.  Unlike many shorter term trades, this stock pick could be set up for a multi-week or multi-month hold here. BROADCOM P > read more

Perfect Timing on A Great Stock (BRCM)

Published on 2011-04-07 22:50:33

Today’s Company Invest pick is Broadcom (BRCM).  Broadcom is a very high quality Nasdaq stock.  This is an exciting pick.  Unlike many shorter term trades, this stock pick could be set up for a multi-week or multi-month hold here. BROADCOM P > read more

Slow day in the market, busy day at work

Published on 2011-04-07 21:48:00

I was slammed today at work but last night I made a plan for the 20 mins I had available to trade at the opening and stuck with it. Worked out well. AKAM-Still above 37 and it stayed above it today. May call so I’ve got some time, but man this has > read more

Market On Growth Hormone

Published on 2011-04-07 14:50:08

The intra-day activity in this market is nothing short of wild. The Dow Jones Industrial Average has seen a couple of 100 point intra-day swings by the noon hour. Since that time there have been sell offs and light volume rallies bringing the major s > read more

TVIX Trades One Million Shares for First Time

Published on 2011-04-07 12:27:00

Launched at the end of November 2010, the VelocityShares Daily 2x VIX Short-Term ETN (TVIX) has been the most popular of the volatility-based ETPs to hit the market in the past six months. Today TVIX hit a new milestone – barely halfway into the tr > read more

Keys: Markets Recover After Massive Sell

Published on 2011-04-07 12:20:33

After a late morning massive sell off, the markets have recovered, inching back to the flat line. Earlier, another massive earthquake struck Japan measuring 7.2. The markets freaked out on fears of more economic hardships, a possible tsunami and of c > read more

Bloomberg for the iPad

Published on 2011-04-07 11:51:00

In my ongoing look at trading apps for the iPad, I have elected to initially focus on the ‘big media’ all-in-one apps. I began with an overview of the space and some initial thoughts. Yesterday I offered some more detailed thoughts on CNBC Real-T > read more

Action Markets: Another Earthquake Strikes Japan

Published on 2011-04-07 11:01:17

The markets opened quietly today on the back of an expected interest rate hike by the ECB and Jobless Claims that came in at 382,000. These were no shock to the markets which opened slightly lower on a stronger Dollar. No sooner had the markets opene > read more

Southern Copper Under Pressure

Published on 2011-04-07 09:53:56

Southern Copper Corp.(NYSE:SCCO) is declining lower this morning by 0.41 cents to $39.83 a share. This leading copper producer is trading lower on the session while copper the commodity is trading higher. Freeport McMoRan Copper & Gold Inc.(NYSE: > read more

Same Game Different Day

Published on 2011-04-07 09:11:45

This morning was another day when the U.S. Dollar Index declined sharply lower after the opening bell rang at the New York Stock Exchange. When the dollar dips the major stock indexes flip (higher). This phenomenon occurs almost on a daily basis. The > read more

Pre-market News and Views

Published on 2011-04-07 08:34:51

The S&P 500 e-mini futures(ES M1) are trading higher by 2.75 points to 1331.75 per contract. The major stock market indexes continue to climb and remain on a sixteen trading day rally. The highly followed Dow Jones Industrial Average has climbed > read more

Find pennies in a choppy market

Published on 2011-04-06 20:14:00

Once again the penny stocks won today. I dropped a couple more options that were killing me, cashed in on a penny and added a couple more pumps to the portfolio. Looking to scale back my trading portfolio—too many moving parts for me, especially si > read more

Financial Stocks Hold Markets Up

Published on 2011-04-06 14:36:01

The financial stocks are the one strong sector in the market today. It was a strange trading session today as the major stock indexes such as the Dow Jones Industrial Average(DJIA), S&P 500 Index, and the NASDAQ Composite started the morning with > read more

Options Insider Radio Interviews Jay Caauwe of the CFE/CBOE

Published on 2011-04-06 14:04:00

Mark Longo and Options Insider Radio recently conducted an extensive interview with Jay Caauwe, Director of Business Development for the CBOE Futures Exchange (CFE).As regular readers know, I believe that an understanding of VIX futures is the corner > read more

Alert: Key Stocks In Motion

Published on 2011-04-06 12:11:09

As the markets have faded back to the flat line once again today, many key stocks are in motion and moving. The trade setups are there, the profits flowing. After a recent sharp up move, Baidu.com, Inc. (NASDAQ:BIDU) is seeing a swift decline today. > read more

CNBC Real-Time for the iPad

Published on 2011-04-06 12:11:00

Since there seems to be such a large supply-demand imbalance (little supply, lots of demand) regarding information on trading apps for the iPad, I have decided to devote a little time to drilling down on some of these apps.First up is CNBC Real-Time > read more

Distribution Alert: Third Day In A Row, Markets Fade

Published on 2011-04-06 11:20:19

A common theme is developing in the markets this week. Each day, the markets have been up nicely and by the close, faded to the flat line. This seems to be happening again today. The SPDR S&P 500 ETF (NYSE:SPY) is at $133.37, +0.13 (+0.10%) afte > read more

8 Gap Higher Opens In 16 Trading Sessions

Published on 2011-04-06 09:11:22

The major stock indexes have certainly staged a sharp rally since the March 16, 2011 pivot low. The Dow Jones Industrial Average(DJIA) has gain 886.00 points in just 16 trading sessions. This is a major move for the markets in such a short time. The > read more

Pre-market News And Views

Published on 2011-04-06 08:24:58

The S&P 500 e-mini futures(ES M1) are trading sharply higher this morning by 8.00 points to 1334.75 per contract. The move higher in the futures comes as the Shanghai Index rallied higher last night by 1.15 percent. When the Shanghai Index(China) > read more

Trade Updates 4-5-11

Published on 2011-04-05 22:30:22

Recent updates to the following trades.  Join the discussion on the forums.  � Gran Tierra (GTE) Long Trade Magellan Petro (MPET) Long Trade Star Scientific (CIGX) Long Trade Apple (AAPL)  Options Earnings Trade BGC Partners (BGCP) Long Trade > read more

The benefit of trading part-time: work can be a good distraction

Published on 2011-04-05 21:04:00

I was busy all day today…only had 20 mins from the opening to trade so I made sure I was just looking to make sure there was no dump in my pumps, which there weren’t.LEXG-just keeps going. I don’t think there was even much of a dip today. There > read more

Final Wave of the Rally from July 2010 Bottom in Progress

Published on 2011-04-05 20:14:00

INTRODUCTION � In the last BullBear Market Report, I called for a bottom to the Middle East/Japan panic selloff while at the same time laying out the parameters for a bearish turn in the markets.  The bearish conditions did not come to fruition > read more

Markets Defy Gravity And Here Is The Reason

Published on 2011-04-05 14:55:58

This afternoon the major stock market indexes are holding on to some small minor gains. Nothing seems to stop this market from moving higher. WTI oil is trading over $108.00 a barrel. The United States Gasoline Fund(NYSE:UGA) is trading higher again > read more

Initial Thoughts on Using the iPad for Trading

Published on 2011-04-05 12:33:00

Thanks to all who offered up some comments on their experiences using the iPad for trading. Today I will summarize the feedback I have received from other traders, then comment on my own initial experiences with the iPad 2.Traders express positive fe > read more

Alert: Amazon Hits Key Resistance Point

Published on 2011-04-05 12:16:27

Amazon.com, Inc. (NASDAQ:AMZN) is nicely higher today. The stock is trading at $185.39, +2.45 (+1.34%). Amazon was upgraded last week by an analyst at Morgan Stanley. However, at the high of the day the stock nailed a master level of resistance known > read more

Financial Giants Continue To Lag

Published on 2011-04-05 10:10:32

Since the late February correction the financial stocks have lagged the major stock indexes. On March 16, 2011 the major stock indexes all made a pivot low, however, the large financial stocks have not rallied as much with most other sectors. The hig > read more

Intra-day Dollar Drop Lifts Markets

Published on 2011-04-05 09:57:05

If there is one thing that trader’s have learned since March 2009 it is that the markets will move higher when the U.S. Dollar Index moves lower. This morning the U.S. Dollar Index was trading higher by 0.20 cents before the opening bell. Howev > read more

Pre-market News And Views

Published on 2011-04-05 08:36:31

This morning the S&P 500 e-mini futures are declining lower by 5.00 to 1324.25 per contract. The advance in the futures from the March 17, 2011 low has been nothing short of extraordinary as the futures rallied 83.0 points in less than three week > read more

Oddly enough, seems like the pumps are the more reliable plays

Published on 2011-04-04 20:50:00

Although one would think that the pump n dumps (LEXG, BORK) are stocks that you’d stress over, those are actually the ones that are keeping me calm in this choppy market. The real companies are the ones that are making me sweat right now (ACI, AKAM > read more

Platinum Could be Hot (PLG)

Published on 2011-04-04 16:07:16

COMPANY INVEST STOCK PROFILE Today’s pick is a platinum miner in the metals and mining sector.  The company is Platinum Group Metals, Ltd (PLG). Platinum Group Metals Ltd. explores and develops mineral properties in Canada and South Africa, pr > read more

Anemic Trading Volume For Monday

Published on 2011-04-04 14:06:43

The trading volume in this market has been just terrible on Monday’s. What is going with this ridiculous light volume. Are the markets even open? Today, the SPDR S&P 500 Trust(NYSE:SPY) is trading just 69 million shares as of 2:49 pm EST. L > read more

Chart of the Week: Crude Oil and Transports

Published on 2011-04-04 13:27:00

With crude oil prices hovering around $108/bbl. level, it is only natural to begin wondering just what kind of impact crude prices will have on stocks.Looking back at recent history, crude oil and stocks have been positively correlated, largely becau > read more

Stocks In Motion: Charts That Profit

Published on 2011-04-04 12:05:50

In just the last few trading days, International Paper Company (NYSE:IP) has gone from a bullish chart to a bearish chart. Note the key double top hit late last week. In addition, last Friday, a beautiful topping tail formed. These are two bearish sh > read more

Markets: Action Packed Plays

Published on 2011-04-04 11:36:09

As the markets hover around the flat line today on extremely light volume, key stocks are in play and rocking the house. Where is the money being made? Let’s talk about it. Research In Motion Limited (NASDAQ:RIMM) is once again in play today a > read more

Markets: Action Packed

Published on 2011-04-04 11:06:47

The markets are floating neutral to higher today on the back of light volume and continued global optimism. Last Friday, the Non Farm Payrolls Report showed a rosy picture of the job market. Being the first Monday of the new quarter, it is likely to > read more

ConocoPhillips Dips From Intra-day High. Watch This Area

Published on 2011-04-04 10:00:52

ConocoPhillips(NYSE:COP) is declining lower by 0.40 cents to $79.28 a share. This leading integrated energy stock has come under some mild selling pressure over the past three trading sessions. Short term scalp traders can watch the $78.85 area for i > read more

Las Vegas Sands Fades From High. Watch These Levels

Published on 2011-04-04 09:28:38

Las Vegas Sands Corp.(NYSE:LVS) has sold off a little from it’s intra-day high made at the open. As I write this the stock is bouncing with the S&P 500 Index. However, should the stock decline or pullback during the session the $43.00 area > read more

Gold Miners Strike Early

Published on 2011-04-04 09:21:08

This morning the major gold mining stocks are holding up very well. Gold and silver are both catching bids higher today. The Market Vectors Gold Miners ETF(NYSE:GDX) is trading higher by 0.61 cents to $60.39 a share. The GDX will have intra-day resis > read more

New Trade: BGC Partners – A Rare Financial Play

Published on 2011-04-03 23:34:22

For those who follow me, this will be a shocker.  I am running a trade in the financial sector.  No, this doesn’t mean I’m bullish on the sector just yet.  Diversification is our friend and being heavy leveraged towards energy and biot > read more

Short and to the point

Published on 2011-04-03 20:28:00

LEXG-I think this still moves strong this week, considering the pump budget and it looks like it finally hit mainstream last week Thur. I’m thinking a gap up, small crap then it keeps inching up. I’ll start being conservative as it approaches 2. > read more

The 5 Worst Promoters of Nonsense

Published on 2011-04-02 14:45:47

This is the annual James Randi Educational Foundation’s April Fool’s Day award for nonsense. James “The Amazing” Randi is a great skeptic and his foundation does a serious and entertaining job of poking holes in fakes. I would > read more

Recent Company Invest Stock Picks

Published on 2011-04-02 11:38:48

As mentioned in the last post, the S&P 500 is again in bullish mode, having flashed several buy indicators in the past week and a half.  And 3 out of every 4 stocks move along with the S&P.  Our job: Use technical analysis for the S& > read more

S&P 500 at Highest Close Since February 18! (Chart) *Global uncertainty eases*

Published on 2011-04-02 10:15:00

$ $ $USA CEO confidence is at a record high and the quarterly CEO economic outlook index is near a 10-year highS&P 500 OverviewS&P 500�The S&P 500 was up this past week to close at�1332.41�on Friday, April 1, 2011.�The > read more

Where Is Unemployment Heading?

Published on 2011-04-01 18:07:50

The Bureau of Labor Statistics (BLS) came out with a positive employment report for March, 2011, but the growth, while encouraging, is tenuous at best. There are still 13.5 million people unemployed in America. Here are the headline numbers from Econ > read more

Where Is Unemployment Heading?

Published on 2011-04-01 18:07:50

The Bureau of Labor Statistics (BLS) came out with a positive employment report for March, 2011, but the growth, while encouraging, is tenuous at best. There are still 13.5 million people unemployed in America. Here are the headline numbers from Econ > read more

Where Is Unemployment Heading?

Published on 2011-04-01 18:07:50

The Bureau of Labor Statistics (BLS) came out with a positive employment report for March, 2011, but the growth, while encouraging, is tenuous at best. There are still 13.5 million people unemployed in America. Here are the headline numbers from Econ > read more

Where Is Unemployment Heading?

Published on 2011-04-01 18:07:50

The Bureau of Labor Statistics (BLS) came out with a positive employment report for March, 2011, but the growth, while encouraging, is tenuous at best. There are still 13.5 million people unemployed in America. Here are the headline numbers from Econ > read more

Where Is Unemployment Heading?

Published on 2011-04-01 18:07:50

The Bureau of Labor Statistics (BLS) came out with a positive employment report for March, 2011, but the growth, while encouraging, is tenuous at best. There are still 13.5 million people unemployed in America. Here are the headline numbers from Econ > read more

Where Is Unemployment Heading?

Published on 2011-04-01 18:07:50

The Bureau of Labor Statistics (BLS) came out with a positive employment report for March, 2011, but the growth, while encouraging, is tenuous at best. There are still 13.5 million people unemployed in America. Here are the headline numbers from Econ > read more

Where Is Unemployment Heading?

Published on 2011-04-01 18:07:50

The Bureau of Labor Statistics (BLS) came out with a positive employment report for March, 2011, but the growth, while encouraging, is tenuous at best. There are still 13.5 million people unemployed in America. Here are the headline numbers from Econ > read more

Where Is Unemployment Heading?

Published on 2011-04-01 18:07:50

The Bureau of Labor Statistics (BLS) came out with a positive employment report for March, 2011, but the growth, while encouraging, is tenuous at best. There are still 13.5 million people unemployed in America. Here are the headline numbers from Econ > read more

Where Is Unemployment Heading?

Published on 2011-04-01 18:07:50

The Bureau of Labor Statistics (BLS) came out with a positive employment report for March, 2011, but the growth, while encouraging, is tenuous at best. There are still 13.5 million people unemployed in America. Here are the headline numbers from Econ > read more

America’s Crumbling Infrastructure

Published on 2011-04-01 18:03:50

Last night, I watched “The Crumbling of America” on The History Channel. I was struck by two things: Socialism decumulates capital. Politicized decisions always result in poor outcomes. Today, government cannot even maintain what it was a > read more

San Onofre and Sunset: Persistence of the Past

Published on 2011-04-01 17:52:43

At Haggerties and Swamies Pacific Palisades San Onofre and Sunset Redondo Beach L. A. All over La Jolla At Wa’imea Bay. Everybody’s gone surfin’ Surfin’ U.S. A. Brian Wilson, 1963 (credit also to Chuck Berry as the tune is > read more

Gasoline Makes New 52 Week High

Published on 2011-04-01 13:56:49

This afternoon the United States Gasoline Fund(NYSE:UGA) is making a new 52 week high. The UGA is now trading higher by 0.81 cents to $51.17 a share. The stock market indexes seem to love the high prices in the energy markets as the Dow Jones Industr > read more

Markets Rise To Key Level On Jobs Data

Published on 2011-04-01 10:51:42

The markets moved sharply higher today on the back of the Non Farm Payrolls Report showing an increase of 216,000 jobs in March. The Unemployment Report showed a small decline to 8.8%. The markets opened higher and continued to advance most of the mo > read more

Semiconductors Sit This Rally Out

Published on 2011-04-01 09:54:03

It is very strange to see such a euphoric stock market rally and not have the semiconductor index participate. Every talking head in the financial media is raving over the better than expected job report. They are all raving about the Dow Jones Indus > read more

New Trade Setup: Magellan Petro – Speculative Oil and Natural Gas

Published on 2011-03-31 23:33:32

Continuing with the overall energy theme today, Magellan Petro (NASDAQ:MPET) is a very speculative oil and natural gas play with a base forming to run up from.  The current setup is near two support levels, with the key level being $2.35, so you kno > read more

New Trade Setup: Magellan Petro – Speculative Oil and Natural Gas

Published on 2011-03-31 23:33:32

Continuing with the overall energy theme today, Magellan Petro (NASDAQ:MPET) is a very speculative oil and natural gas play with a base forming to run up from.  The current setup is near two support levels, with the key level being $2.35, so you kno > read more

New Trade Setup: Gran Tierra Energy – Playing The Bullish Oil And Natural Gas Sector

Published on 2011-03-31 22:34:33

Energy, specifically oil and natural gas, continues to be a favorite sector of many, including myself.  In looking to capitalize on that strength, I have entered a trade in Gran Tierra Energy (AMEX:GTE).  A successful trade in Exelixis (NASDAQ:EXEL > read more

Pumps are killing it…while the real companies are killing me

Published on 2011-03-31 20:13:00

I got a small position in GUNP today and held tight to LEXG. The former is a real slow mover…no pumps that I can find right now out there for it, but maybe in the next few days? I have no clue, just thought I’d try my strategy of accumulation on > read more

Fed Reveals Banks Needing Money Post-Lehmann

Published on 2011-03-31 18:35:15

Three years after Bloomberg and Fox News (News Corp., owner of the Wall Street Journal) sued the Fed to reveal under the Freedom of Information Act the banks who lined up at the Fed’s discount window to borrow money after the Lehman collapse > read more

Microsoft Has No Honor

Published on 2011-03-31 17:49:59

I am a free market, laissez-faire, libertarian, Austrian theory economics kind of a guy and when I see Microsoft bringing an antitrust complaint against Google in the EU, it strikes me with not just a little irony and anger. After all, the EU went > read more

Employment Report Tomorrow

Published on 2011-03-31 14:31:56

This is the time of the month where a lot of data comes in on the employment situation. We have reports from ADP, TrimTabs, Challenger, Monster, Gallup, JOLTs, and tomorrow the unemployment rate and payroll reports. I wait until Friday when the last > read more

OECD Inflation Watch For February

Published on 2011-03-31 13:24:39

The OECD consumer price indices for February came out and it reveals that creeping price inflation is a worldwide phenomenon. The OECD consists of 34 major economies, including Japan, but excluding the BRICs. � Here is a country-by-country brea > read more

Japan Quake-Meltdown Update

Published on 2011-03-31 13:04:39

From NHK: Death toll as of Thursday night: 28,000 The death toll from the March 11th quake and tsunami in northeastern Japan rose to 11,532 as of Thursday night. The National Police Agency says 16,441 others are listed as missing, bringing the numbe > read more

Ford Daily Bull Flag Signals Possible Profits

Published on 2011-03-31 12:05:51

Ford Motor Company (NYSE:F) continues to consolidate off the lows hit weeks ago. After hammering into the 200 moving average on the daily chart multiple times, Ford jumped higher on March 24th, 2011. That move took the stock well off the 200 moving a > read more

A win-win monetary policy in Canada

Published on 2011-03-31 02:13:00

We have published a working paper on structural breaks related to the introduction of �inflation targeting in Canada. The intuition behind the Lucas (1976) crituque is correct. The reader may enjoy the beauty, i.e. the simplicity and clearness, > read more

Intraday Analysis: Broken Support Yet A Bullish Divergence

Published on 2011-03-30 22:02:25

This post originally appeared during market hours on the stock market forums – 3-30-11 We are seeing a bullish divergence intraday in Exelixis (EXEL), which can only happen as the stock downtrends.  That means the indicators are showing good s > read more

Intraday Analysis: Broken Support Yet A Bullish Divergence

Published on 2011-03-30 22:02:25

This post originally appeared during market hours on the stock market forums – 3-30-11 We are seeing a bullish divergence intraday in Exelixis (EXEL), which can only happen as the stock downtrends.  That means the indicators are showing good s > read more

Took some pepto, got rid of some SHZ, feeling better already

Published on 2011-03-30 21:42:00

This will be a short posting, relatively speaking. As a part-timer, my real job takes priority and it was a long one today. Glad to have been able to find the time to watch the opening bell, but a late day at work means everything at home gets backed > read more

HAMP, HARP, HAFA, Help

Published on 2011-03-30 19:55:21

On Tuesday the House, dominated by Republicans, voted an end to the current program, known as HAMP (Home Affordable Modification Program). Today the NY Times laments the fact that the government’s attempts to solve the housing crisis have fa > read more

Another Rally With Pockets Of Weakness

Published on 2011-03-30 14:44:49

The major stock indexes have staged another rally. Everything that one could throw at this market has been swallowed as the major stock indexes seem to defy gravity. The highly followed Dow Jones Industrial Average has rallied higher by 820.0 points > read more

Fukushima Daiichi and ‘Event Theta’

Published on 2011-03-30 11:51:00

I am generally not a fan of so-called air quotes, nor am I a fan of the gratuitous use of quotation marks for added emphasis in print. That being said, I have this tendency to invent new concepts and attach labels to them that I pull out of the sky. > read more

Something Wrong In Apple City

Published on 2011-03-30 11:35:16

Apple Inc. (NASDAQ:AAPL) is weak for the second day in a row. Not only is the lack of strength significant, but add to it a market rally both days and the weakness in Apple is even more glaring. With the markets spiking higher, Apple is trading at $3 > read more

ADP Private Jobs Report Keeps Markets Higher

Published on 2011-03-30 11:26:20

The markets continued their march higher today, closing in on the 52 week highs.  The SPDR S&P 500 ETF (NYSE:SPY) are hammering on the highs of the day at $132.76, +0.90 (+0.68%). This is just slightly off the 52 week highs on the SPY at $134.6 > read more

Transports Test Major Level

Published on 2011-03-30 09:09:50

The iShares Dow Jones Transport ETF(NYSE:IYT) has rallied sharply higher from its March 15, 2011 pivot low at $88.90 a share. This morning the IYT is trading higher by 0.59 cents to $95.72 a share. The IYT has rallied higher by nearly $7.00 in just 1 > read more

Part-time Pennystock Trader 2011-03-29 22:48:00

Published on 2011-03-29 22:48:00

Nikkei is up big again...so far 1.22% US futures slowly up from flat earlier this evening...sound familiar? Cramer calling this a bull market, but when is he not? Technical traders (chart guys) I follow seem to think the same, but they're week b > read more

Bulls Win! Market Now Bullish!

Published on 2011-03-29 21:58:40

Even though we just ran an article about the market folling the bearish pattern of 2010, that pattern was busted today with a breakout on the Dow Jones Industrial Average ($INDU).  We are now in “buy ” mode once again and will be looking > read more

“Take the path of least resistance” meant a lot more today than finding the easy way out

Published on 2011-03-29 21:14:00

If you’ve been reading my previous posts then you know that I follow twitter traders for ideas and to find some resources for technical analysis (TA). Well one in particular has been on point with his trading ideas as well as a great source for lea > read more

The VIX Summit, a.k.a. the CBOE Risk Management Conference

Published on 2011-03-29 20:14:00

About a month ago I had an opportunity to attend the CBOE Risk Management Conference, which could easily had been called as the VIX Summit. This was the first time I attended this conference and in retrospect, I have little doubt that if VIXophiles w > read more

Uncovering The Hidden Opportunity in Medivation’s Alzheimer’s Drug

Published on 2011-03-29 18:41:07

Medivation (NADSAQ:MDVN) was once a thriving biotech with some of the most promising treatments for Alzheimer’s, Huntington Disease and Prostate cancer. Reaching an all-time high of $40 per share back in early 2010, the stock had investors on t > read more

Woe Is Housing: Part 36

Published on 2011-03-29 17:44:14

I am sure you could have guessed where housing is headed without the Case Shiller report from S&P.  According to S&P: Home Price Indices, the leading measure of U.S. home prices, show further deceleration in the annual growth rates in 13 > read more

Crony Capitalist Is Great Humanitarian

Published on 2011-03-29 16:51:28

As readers know, Jeffrey Immelt, chair of GE is high on my list of all-time crony capitalists. Perhaps I am just in a bad mood, or perhaps it was my announcement yesterday about the soon to be released movie, Atlas Shrugged. But I can’t stomach > read more

Stock Market Analysis: Markets Recover From Early Sell On Oil Rally. Market Fearless Again

Published on 2011-03-29 12:31:00

Stock Market Analysis: Markets Recover From Early Sell On Oil Rally. Market Fearless Again The markets continued their late day sell yesterday, this morning. However, as soon as the SPY hit the key 200 moving average, the selling subsided and buyers > read more

Rare Earth Stocks Hottest

Published on 2011-03-29 11:45:19

Over the last week, rare earth stocks have caught fire again. Molycorp, Inc. (NYSE:MCP) is soaring today, trading at $58.85, +3.34 (+6.02%). It has gone almost straight up over the last eight trading days. On March 18th, 2011, MCP was trading at $4 > read more

Why: Oil Trades With Markets Unlike Weeks Ago

Published on 2011-03-29 11:08:14

It was just three weeks ago when oil spiked higher, causing the market to sell sharply. As oil traded over $100 per barrel, the markets got jittery over fears it would crush a slowly recovering economy. Today, the markets are loving oil as they trade > read more

Expiring Monthly March 2011 Issue Recap

Published on 2011-03-29 01:16:00

Just a quick reminder that as Expiring Monthly: The Option Traders Journal publishes on the Monday following options expiration, the March issue was published a week ago today and is (still) available for subscribers to download.Note that the Expirin > read more

Consumer Spending and the Debt Problem

Published on 2011-03-29 00:54:59

It seems like we’re having great news today about consumer spending, at least if you read the articles coming from the Journal and Bloomberg. They don’t let you forget that consumer spending is 70% of the economy. They seem to ignore some > read more

Part-time Pennystock Trader 2011-03-28 22:09:00

Published on 2011-03-28 22:09:00

Nikkei opened down again a few hours ago and is at -1.5% so far, US futures are pretty much flat &, damn it, oil is sucking at 103. Today was strange with the market taking a pretty big hit in the last 30 mins. Though we were down only a little a > read more

Oil: Buy low…and time to get on the pump train

Published on 2011-03-28 21:36:00

Mixed day…closed SHZ, opened a few oil plays and held my pump. Pump looks good while the rest…SHZ was a small gain while the others are paper losses right now. Most if not all looking for a spike in oil again. SHZ-Well, I stuck to my plan of gett > read more

Invading Extremistan

Published on 2011-03-28 19:14:06

With the U. S. engaging in increased military activities under a “peace” president, it appears apt to use a military metaphor to our Washington-directed economic/financial policy. As with storage of nuclear fuel and Palestinian refugee ca > read more

The End of Sound Money and the Triumph of Crony Capitalism

Published on 2011-03-28 18:48:13

This paper was the 2011 Henry Hazlitt Memorial Lecture given by David Stockman on March 12 at the Austrian Scholar’s Conference at the Mises Institute. With David’s permission I am republishing it here. � “In the post-TARP w > read more

Atlas Shrugged: The Movie

Published on 2011-03-28 15:13:11

It is a book that changed my life and the lives of millions. There have been rumors of a movie version of the book over the years but it never happened. Now, the movie is here, and judging from the trailers, it is done very well. The movie is coming > read more

SanDisk Support Area

Published on 2011-03-28 14:31:46

Sandisk Corp.(NASDAQ:SNDK) is a leading flash memory chip manufacturer. Today the leading tech stock is trading higher by 0.40 cents to $45.41 a share. The stock started the trading day above the $46.00 level and has since faded lower throughout the > read more

Gap Fill Rots Apple Intra Day

Published on 2011-03-28 11:37:41

Apple Inc. (NASDAQ:AAPL) has been a powerhouse over the last week. The stock hit a beautiful double bottom support level at $326.50 on March 16th, 2011. Since that low, Apple shot higher, ripping up into a master gap fill shown below in the chart. Si > read more

The Keys: Today’s Market

Published on 2011-03-28 11:24:46

The markets opened the day slightly higher, then had a strong push into the double top highs from Friday. After attempting to push through this level many times, the markets pulled back to the flat line. The SPDR S&P 500 ETF (NYSE:SPY) is holding > read more

Part-time Pennystock Trader 2011-03-27 22:25:00

Published on 2011-03-27 22:25:00

Nikkei opened lower today, china too, but US futures positive & slowly ticking up all night. Be interesting to see what the morning brings. If you're looking for an oil play-btw it's at 105ish and I'm bullish on where it's goi > read more

Ka-ching’d by shorting a real company and longing a fake one, looking to do it again this week

Published on 2011-03-27 20:24:00

FFIV and WRIT were big gains this week, 20% and 40% respectively on day trades. Gotta keep the confidence going but tame any arrogance that might cloud my judgement. Look for the quick out if I’m loosing, trailing stops if I’m winning. Probably g > read more

Medivation: The Most Promising Upcoming Prostate Cancer Treatment

Published on 2011-03-27 17:29:03

Prostate cancer is the most common form of cancer among men, and two new companies in Medivation and Johnson & Johnson are leading the charge with their experimental new treatments. These two will highlight their findings at The American Society > read more

History Repeating Itself? Technical Analysis for $SPX

Published on 2011-03-27 11:29:50

CURRENT $SPX ENVIRONMENT It has been quite volatile in the $SPX from the end of February until now.  There has been all kinds of unrest in the world in that short time period from the food cost riots in Egypt, to the unrest (and later military campa > read more

S&P 500 Regains 1300! (Chart) *Above 20 & 50 day averages*

Published on 2011-03-26 12:04:00

$ $ $USA GDP was +3.1% in 2010, -2.6% in 2009, 0.00% in 2008, and +1.9% in 2007S&P 500 OverviewS&P 500�The S&P 500 was up this past week to close at�1313.80�on Friday, March 25, 2011.�The S&P 500, SPX,�was up > read more

Fractional Reserve Banking: Some Comments On The Debate

Published on 2011-03-25 16:03:21

I wish to thank Keith Weiner and Mike Shedlock for their discussion on fractional reserve banking (FRB). For what it’s worth, Mish, I don’t think that Keith got it wrong or that he had intended to write a definitive article on the topic. > read more

Fractional Reserve Banking: A Response To Mish

Published on 2011-03-25 14:48:52

On Tuesday I wrote an article, “Fractional reserve Banking: The Real Story,” in which I discussed the workings of fractional reserve banking. Mish (Mike Shedlock) responded critically to my article on his blog, “Central Bank Authori > read more

Housing Bubble: Why China Has A Huge Problem

Published on 2011-03-25 13:50:48

I got this video from Zero Hedge, which they got from Australia’s SBS TV’s Dateline program. Unfortunately, I can’t grab the video, but if you click on this link, it will take you to their site where you can watch it. Some of it we& > read more

Oil Refiners Show Strength

Published on 2011-03-25 10:28:13

All of the leading oil refiner stocks have been strong since mid-January and continue to remain strong on the charts. The refining sector has outperformed other sectors in the energy space. Valero Corp.(NYSE:VLO) is a leading independent oil refiner. > read more

Transocean Sinks Early

Published on 2011-03-25 09:00:18

Transocean Ltd.(NYSE:RIG) is a leading oil services company that is under early selling pressure this morning. The stock is trading lower by $1.25 to $79.00 a share. Traders can watch the $78.40 area for intra-day support. This is also a likely intra > read more

Pre-market News And Views

Published on 2011-03-25 08:31:08

The S&P 500 Index futures(ES-M1) are trading higher by 3.00 points to 1308.25 per contract. The move higher in the futures comes as gross domestic product(GDP) in the United States for the fourth quarter was reported at 3.1 percent beating analys > read more

Pre-market News And Views

Published on 2011-03-25 08:30:34

The S&P 500 Index futures(ES-M1) are trading higher by 3.00 points to 1308.25 per contract. The move higher in the futures comes as gross domestic product(GDP) in the United States for the fourth quarter was reported at 3.1 percent beating analys > read more

Crony Capitalism Strikes Again

Published on 2011-03-25 00:21:16

Someone has to stop the Fed before it crushes what remains of America’s main street economy. Last Friday morning alone it launched two more financial sector pumping operations which will harm the real economy, even as these actions juice Wall Stree > read more

It feels good to be right—feels better to be right big time

Published on 2011-03-24 20:31:00

WRIT and SHZ are covered in this post. I also have an open position on ACI (call APR) and AKAM (call MAY). I was busy at work this morning but I needed 10 minutes to trade WRIT before it tanked, which I didn’t think it would do at the bell, but was > read more

Adios David Rosenberg

Published on 2011-03-24 20:09:42

No I don’t mean he has passed on. But since March 8, his daily economic letter, “Breakfast With Dave,” is no longer available to the great unwashed. Gluskin Sheff, his employer, has taken his letter to a paying model. From now on, t > read more

Jobs And Durable Goods

Published on 2011-03-24 19:58:38

This weeks jobless claims came in with another positive showing: down 5,000 to 382,000. The four week moving average showed a 15,000 per month decline. Continuing claims are also posting the best readings of the recovery, down 2,000 to 3.721 million > read more

This “DARLING” Stock Pick Could Net You a Bundle (DAR)

Published on 2011-03-24 19:47:07

DARLING INTERNATIONAL,INC (DAR) Sector: Consumer Goods Industry: Cleaning Products Full Time Employees: 3,330 With commodity prices still on the rise and planting season just about underway, now seems like a good time for a food Industry selection. H > read more

Gary Shilling Agrees With The Daily Capitalist

Published on 2011-03-24 18:00:28

I’ve been beating the drum for quite a while that there are two economies in America: The well-to-do and everyone else (see this for example). A report from Gary Shilling agrees with this assessment: “The Two-Tier Recovery”: Why Mos > read more

War Revives the Stock Market

Published on 2011-03-24 16:44:16

As when the bombs fell in the Mideast in winter 1991 in the Gulf War, and again in spring 2003 in the Iraq War, and in fall 2001 with the Afghan War, and in the 1960s when LBJ turned Viet Nam into a must-know-how-to-locate-on-a-map place for the cogn > read more

The Fed’s New “Openness”

Published on 2011-03-24 16:01:00

The Fed announced today that it will hold press conferences four times a year after the Fed Open Market Committee meetings. This year they will be held on April 27, June 22 and November 2. The reason they are doing this is stated as follows: The int > read more

Push higher continues above 1300.

Published on 2011-03-24 14:57:02

As we talked about yesterday, the support found and push higher did indeed lead to a new leg up into 1300. This morning the market did test the upper edge of the sideways trade that the s&p futures have been in, only to reverse and accept the hi > read more

The VIX Drops Again Signaling A No Fear Market

Published on 2011-03-24 14:29:15

The Market Volatility Index(VIX) has declined by 13.00 points since making its recent high on March 16, 2011 at $31.28. When the VIX declines it is a sign that the market volatility has declined. Many investors and traders will use the VIX as a fear > read more

How To Spot A Liar

Published on 2011-03-24 00:56:05

Knowledge you can use. How To Spot A Liar by Forensic Psychology > read more

Buyour Rumours For $19 A Share Swirling Around Optimer Pharma Ahead of PDUFA

Published on 2011-03-23 23:29:22

Popularity in equities has never been higher than in 2011, with most analysts, including Hilary Kramer raving about the S&P 500 (NYSE:SPY) namely due to $2 trillion dollars worth of cash lying around on the balance sheets of companies. This leads > read more

Fool me once shame on you, fool me twice…SHZ a buy? Seriously? Bought WRIT instead…

Published on 2011-03-23 21:09:00

SHZ and WRIT are the two plays that I went with today. WRIT was a pick from @InvestorsLive, his free watchlist goes out everynight and I actually tweeted out the link last night. Would have been nice to get on it Tue but I was too busy with my FFIV p > read more

Meltdown Update 3/23/2011

Published on 2011-03-23 20:09:27

Lest I be accused of being alarmist (again) or anti-nuke, it is my thinking that if I were living in Japan, say downwind as far as Tokyo, I wouldn’t believe anything that came out of the mouths of the government or TEPCo. Ever since this disast > read more

This Is Why We Must Use Charts

Published on 2011-03-23 14:26:55

What kind of a trading day is this when the major stock market indexes trade higher with oil, gold, silver, and the U.S. Dollar Index? Most fundamental traders would think that high oil prices would bring down the major stock indexes. After all, oil > read more

S&P futures bounce off of Friday’s value area.

Published on 2011-03-23 12:53:08

The e-mini s&p futures bounced off of Friday’s value area around 1279 today, and is now trading in positive territory. This rejection of lower prices could bring a retest of Monday and Tuesday’s highs around 1296. Any break of this l > read more

Miner Leagues

Published on 2011-03-23 12:34:44

In the unending search for relative investment value in this overpriced neighborhood we call today’s markets, yours truly has, following some indecision, to sink some real money into certain gold mining stocks.  Criteria I have used include st > read more

The Apple May Fall Far From The Tree

Published on 2011-03-23 11:18:10

As Steve Jobs continues to become less and less of an impact player at Apple Inc. (NASDAQ:AAPL), whisperings on Wall Street have started. Institutional players and big hedge funds seem to be questioning the ability for Apple to continue to grow at su > read more

Fertilizer Stocks Sprout

Published on 2011-03-23 10:43:54

While the markets are slightly lower on the day, the fertilizer stocks have started to make a move higher. Earlier today, stocks like Potash Corp.Saskatchewan (NYSE:POT), The Mosaic Company (NYSE:MOS) and Monsanto Company (NYSE:MON) were all lower. H > read more

Research In Downward Motion

Published on 2011-03-23 09:59:34

Research In Motion Ltd.(NASDAQ:RIMM) is one of the leading mobile device makers in the world. The stock has been weak on the daily charts since topping out on February 18, 2011 at $70.54 a share. The stock is declining again this morning by $1.00 to > read more

Fractional Reserve Banking: The Real Story

Published on 2011-03-22 23:52:01

There is an old erroneous view of fractional reserve banking. “Naturally, all fractionally reserved banks are de facto insolvent at all times…” The Acting Man blog is usually very good, but it published an article by Pater Tenebrarum containing > read more

Candlestick Charting — Evening Star Bearish Reversal

Published on 2011-03-22 22:28:07

WHY CANDLESTICK CHARTING? In this Company Invest series, we will examine the most powerful candlestick patterns.  There are 6-8 patterns we incorporate here at Company Invest.  When performing technical analysis for a stock or ETF, candlestick char > read more

What do you do with a falling knife? Short it with a put

Published on 2011-03-22 21:19:00

FFIV and ALZM. Two wins, one small the other big. I mentioned on last night’s post that @investorslive was a trader I followed on twitter and he definitely called ALZM right. Over the weekend he tweeted that it would pull back a little Mon morn and > read more

Nordstrom Fades From Gap Higher Open

Published on 2011-03-22 14:36:27

Nordstrom Inc.(NYSE:JWN) is a leading high end retail stock. This morning the stock opened up sharply higher at $43.42 a share. Since that opening high the stock has faded lower throughout the session. As of 3:21 pm EST Nordstrom stock is trading hig > read more

Oil Blasts Off Again

Published on 2011-03-22 14:10:19

The catalyst for higher oil prices today is certainly the fighting and rioting in Egypt, Libya, Bahrain, and Yemen. The United States Oil Fund has surged higher intra-day by 0.85 cents to $42.00 a share. Spot crude jumped higher on the NYMEX by $1.67 > read more

Optimer Nears First Blockbuster Treatment For $7B CDI Market In 25 Years

Published on 2011-03-22 13:41:48

San Diego-based Optimer Pharmaceuticals has spent more than $200 million and a dozen years of effort to get to the point where it can ask the FDA to clear its first product for sale on the U.S. market. And that’s the position Optimer finds itself i > read more

Broadcom Under Pressure

Published on 2011-03-22 09:04:24

Broadcom Corp.(NASDAQ:BRCM) is a leading semiconductor stock that is trading lower this morning by 0.61 cents to $39.90 a share. Traders must watch the $39.58 area for intra-day support. This is a short term bounce area for the stock. Nicholas Santia > read more

Pre-Market News and Views

Published on 2011-03-22 08:29:03

The S&P 500 e-mini futures(ES M1) are trading unchanged this morning at 1292.75 per contract. Often after a large point rally like we saw in the major stock indexes yesterday the next trading session is usually a more subdued trading day. Last ni > read more

Options–where have you been all my (trading) life?!

Published on 2011-03-21 21:10:00

Trades today: ALZM, CHTP, NFLX, AAPL, S. As I’ve mentioned in the past, I follow traders on twitter and for day trades theres an opportunity trader and a short I follow. I couldn’t find any shares to short for the latter’s plays so I just watch > read more

Copper Could Be Telling A Different Tale

Published on 2011-03-21 14:57:05

Copper has long been known as a leading economic barometer for the major stock indexes. Today copper is trading lower on the trading session despite the huge stock market rally in the major stock indexes. This afternoon the iPath Dow Jones UBS Copper > read more

Texas Instruments Holds Steady. Watch This Bounce Area

Published on 2011-03-21 14:12:09

Texas instruments Inc.(NYSE:TXN) is a leading semiconductor stock that is trading higher by 0.41 cents to $33.76 a share. The stock has pulled back from its first hour high of $34.12 a share. Traders can watch for short term intra-day support around > read more

Technical Levels: Money Flow Into Tech

Published on 2011-03-21 12:09:37

Technology shares are spiking higher today, leading the markets. The Nasdaq is higher by 50.34 (+1.90%), trading at 2,694.01, while the S&P 500 and Dow Jones Industrial Average are lagging, up a respectible 1.5%. It appears money flow which had > read more

Integrated Energy Stocks Lead Rally

Published on 2011-03-21 09:49:06

This morning all of the major stock indexes are soaring higher. The rally is broad based as almost every industry group seems to be catching a bid. One industry group is helping to lift the Dow Jones Industrial Average(DJIA) and the S&P 500 Index > read more

Juniper Drops Again. Watch This Support Area

Published on 2011-03-21 08:57:55

Juniper Networks Inc.(NASDAQ:JNPR) has been very weak as of late declining from its recent high made on March 8, 2011 at $45.01 a share. This morning JNPR stock is declining by $1.28 to 38.97 a share. The stock should have intra-day support around th > read more

Pre-Market News And Views

Published on 2011-03-21 08:25:47

The S&P 500 e-mini futures are soaring higher this morning by 15.00 points to 1289.25 per contract as the nuclear reactor situation in Japan seems to be improving. The Asian markets rallied higher overnight with the Hang Seng(Hong Kong) trading h > read more

Stock Of The Week: Biotech Favorite EXEL

Published on 2011-03-20 23:41:04

This week’s stock of the week is a biotech play we have been accumulating for a while now, Exelixis (EXEL).  Friday, EXEL saw very strong bullish volume paving the way for it to resume this week.  The shorts won’t give up without a figh > read more

What is Candlestick Charting?

Published on 2011-03-20 22:31:28

CANDLESTICK CHARTING — A BASIS FOR TECHNICAL ANALYSIS Way before some of the fancy oscillators and algorithms traders use for signals today were ever thought of, the Japanese developed a powerful method to analyze stocks that is still used today.  > read more

Ben Bernank Speaks: Translation By Adam Smith

Published on 2011-03-20 15:35:58

This is my first attempt at trying to be droll. We’ve all seen these cartoons flood the web thanks to xtranormal, which allows you to create and publish your own cartoons at minimal cost. The technology is amazing and it’s a lot of fun. T > read more

Another classic gap, but I was way too greedy and undisciplined

Published on 2011-03-20 15:21:00

ATRN and ALMZ were the two stocks I was paying attention to on Fri, with AAPL and NFLX in the back of my mind. The focus of this blog entry will be the two pennies, I’m going to try to address the events in Libya and the middle east in another post > read more

The Future of Nuclear Power

Published on 2011-03-20 15:07:54

It is hard to get descent information about nuclear power plants now in light of the Fukushima reactor disaster. I have always been a proponent of such clean energy but without any government subsidies. Only without the government tax breaks and disa > read more

Buying Opportunity At Hand But Vigilant Awareness is Necessary

Published on 2011-03-19 21:56:01

Here’s the Introduction to the latest BullBear Market Report: In recent BullBear Market Reports I was able to successfully identify the apparent Wave 3 of (3) top at SPX 1344.  I advised BullBear Trading members that I was taking 40% of my lon > read more

STOCK MARKET FORUM: TOPICS OF THE WEEK

Published on 2011-03-19 17:16:25

The following are the most discussed topics during our live chat over the past week and/or the most viewed topics on the forum this past week.  As some of you know, we just rolled out the brand new stock market forum recently.  These are utilized t > read more

S&P 500 Tests 100 Day Average (Chart) *Global tumult continues*

Published on 2011-03-19 09:27:00

$ $ $United Nations aka USA, UK, France, et. al. approve a No Fly Zone over Libya this past weekS&P 500 OverviewS&P 500�The S&P 500 was down this past week on yet a higher Wall of Worry to close at�1279.20�on Friday, March > read more

Worldwide Inflation Is Hitting Home

Published on 2011-03-18 16:00:36

Whichever way you look at it, price inflation is climbing: From the BLS: The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in February on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. > read more

Stationary Cycles

Published on 2011-03-18 13:06:53

We’ve only just gotten past the ides of March, but It’s getting to feel a lot like Bush-mas. With the continuation of so many Bush policies, such as favoritism toward large corporations at home and armed intervention in Muslim countries a > read more

Stationary Cycles

Published on 2011-03-18 13:06:53

We’ve only just gotten past the ides of March, but It’s getting to feel a lot like Bush-mas. With the continuation of so many Bush policies, such as favoritism toward large corporations at home and armed intervention in Muslim countries a > read more

What You Need To Know: Rally Day Two

Published on 2011-03-18 11:07:52

The markets moved higher again today on the back of G7 intervention in the currency markets as the Yen was pushed down and a no fly zone was put into place over Libya. The global powers are doing their best to quiet the issues in the world right now > read more

F5 Networks Under Pressure

Published on 2011-03-18 09:51:51

F5 Networks Inc.(NASDAQ:FFIV) is one of the leading networking stocks in the tech heavy Nasdaq 100. This stock is declining lower today by $3.35 to $100.06 a share. The stock will have some minor intra-day support around the $99.25 area and more arou > read more

U.S. Dollar Index Drops Again

Published on 2011-03-18 09:12:56

The U.S. Dollar Index is now approaching its November 4, 2010 low at $75.63. The U.S. Dollar Index has now declined by nearly 15.0 percent since June 2010. How low can the U.S. Dollar Index actually go? Many economists say that this decline is good f > read more

Pre-Market News And Views

Published on 2011-03-18 08:20:34

This morning the S&P 500 e-mini futures(ES M1) are soaring higher by 12.50 points to 1281.50 per contract. The rally in the futures comes as the Japanese Nikkei 225 Index rose by 2.72 percent last night. The strength of the Japanese Yen has also > read more

Classic gap n crap with ATRN, I was finally on the right side of the toilet bowl

Published on 2011-03-17 22:19:00

ATRN went in one of the directions I was planning for—yeay me. The scenarios I made for this overnight stock were 1)it falls at the open—so I would put a trailing stop by a dime, 2) it spikes at the open—I would hold and look to exit if it go > read more

Airline Stocks Fail To Take Off With Indexes

Published on 2011-03-17 15:02:08

The major airlines stocks have not participated in today’s rally. These stocks have been in a down trend since early November 2010 and continue to look weak on the daily charts. AMR Corp.(NYSE:AMR) is trading lower today by 0.12 cents to $6.32 > read more

Monster Bounce, However, There Are Pockets Of Weakness

Published on 2011-03-17 14:37:21

Today, the major stock indexes are staging a very good rally. The advance higher in the market is broad based as most leading stock sectors are trading higher. However, there are pockets of weakness in the market that cannot be ignored today. These w > read more

Markets Put Gloom And Doom Behind Them

Published on 2011-03-17 11:05:07

The markets shot higher today as the U.S. Dollar got crushed. As of today, the panic and fear from yesterday is ancient history. As long as no new major catastrophes are unfolding, the markets are taking a breather and bouncing. The SPDR S&P 500 > read more

Silver Wheaton Catches A Bid

Published on 2011-03-17 09:40:58

This morning gold and silver are trading slightly higher during the morning trading session. The move higher in the precious metals are not as strong as one would expect with the sharp decline in the U.S. Dollar Index. Often when the U.S. Dollar Inde > read more

Early Rally. Watch These Resistance Levels

Published on 2011-03-17 09:12:40

Just about every leading stock this morning is catching a bid higher. Short term traders must always guard against chasing a stock that is already stretched and extended. Therefore, we shall isolate a few resistance points on some leading stocks. Exx > read more

Pre-Market News And Views

Published on 2011-03-17 08:30:51

This morning the S&P 500 e-mini futures(ESM1) are soaring higher by 17.50 points to 1271.50 per contract. Often during the week of options expiration when the major stock indexes decline during the first part of the week the second part of the we > read more

ATRN: Something’s fishy with today’s mid-day spike

Published on 2011-03-16 22:07:00

ATRN, PESI, ALZM were the stocks I paid most attention to while I kept AAPL and NFLX in the background. Mind you this is all relative as I went back to work today after a couple of days off to spend with the boy during his spring break. The morning > read more

Markets Stage Huge Intra-day Bounce Again

Published on 2011-03-16 14:31:47

Yesterday and today, the major stock market indexes have staged a late afternoon rally. Around 2:30 this afternoon the SPDR S&P 500 Trust(NYSE:SPY) was trading as low as $125.38 a share in a heavy volume sell off. Shortly afterward the major sto > read more

Keys: Major Support Trying To Hold

Published on 2011-03-16 12:58:42

The markets are again testing the double bottom from yesterdays low. This level on the SPDR S&P 500 ETF (NYSE:SPY) is $126.50. If this area breaks, the SPY will fall to $125.90. Earlier today, the $126.50 level was tested but the Federal Reserve > read more

Alert: Apple Master Support Levels

Published on 2011-03-16 11:14:47

Apple Inc. (NASDAQ:AAPL) is taking a hit today, trading at $334.36, -11.07 (-3.20%). The stock was downgraded by JMP Securities to ‘Market Perform’ from ‘Market Outperform’. Apple is dropping today as the markets are moving lo > read more

Federal Reserve Admits To Propping Markets

Published on 2011-03-16 11:05:15

The markets opened slightly lower and slowly started their light volume climb back to the flat line. Things in Japan appeared to be quiet for the time being as the Nikkei rallied 5% last night. The markets came all the way back to the flat line with > read more

Steel Stocks On the Move

Published on 2011-03-16 09:53:37

After a disaster of the magnitude that the Japanese people are experiencing there will be a lot of goods needed to rebuild the country. This morning the steel sector is trading higher on the back of that anticipation for steel and steel products. U.S > read more

Gold and Silver See An Early Bounce

Published on 2011-03-16 09:24:20

This morning gold and silver are both trading higher this morning. The highly popular SPDR Gold Shares (NYSE:GLD) are trading higher by 0.72 cents to $136.99 a share. Traders can watch for intra-day resistance around the $137.51 and $138.10 levels. B > read more

Japan Reactor Holds The Cards For The Near Term

Published on 2011-03-16 09:17:09

Everyone in the world is watching to see the damage from the Japanese nuclear reactors. As news leaks out that the nuclear reactors are leaking more nuclear waste it seems that the major stock market indexes in the United States are declining. When t > read more

Pre-Market News And Views

Published on 2011-03-16 08:28:26

The S&P 500 e-mini futures(ES M1) are trading lower by 0.50 to 1274.75 this morning. Last night the Nikkei Index(Japan) bounced higher last night by 5.5 percent and this is certainly helping the futures market this morning. All Japanese ADR’ > read more

A Bounce In A Downtrend But Nikkei Rebounds Tonight

Published on 2011-03-16 01:05:59

With the Nikkei (Japan Market) finally rebounding tonight, the bulls are breathing a sigh of relief before Wednesday’s open.  Tuesday saw us break more support levels all the way down to the 100-day SMA before the dip-buyers went to work.  Af > read more

Safety First

Published on 2011-03-16 00:50:19

In case you have not noticed, the evolving horrors in Japan have merged with the disorder in the Mideast and cycles in the U.S. (probable peaking of economic momentum) to cause a decline in numerous asset prices lately. In what strikes me as not a c > read more

The Rebuilding Stock — Southern Copper (SCCO)

Published on 2011-03-15 21:30:29

Today’s Company Invest stock pick is a stock I have traded many times over the years — Southern Peru Copper (SCCO).  After a phenomenal 2010, the stock has had an over 20% haircut in 2011. As horrible of a disaster that’s happening in > read more

Good short on ATRN, potentially bad long on PESI due to rookie mistake…because I am a rookie

Published on 2011-03-15 21:20:00

Crazy day in the markets today…Dow was down as much as 300 but came back to close only down around 130. Best time to buy was at the opening bell when folks were freaking out. Glad I shorted overnight.ALLT-As with almost every stock, ALLT dropped > read more

Good short on ATRN, potentially bad long on PESI due to rookie mistake…because I am a rookie

Published on 2011-03-15 21:20:00

Crazy day in the markets today…Dow was down as much as 300 but came back to close only down around 130. Best time to buy was at the opening bell when folks were freaking out. Glad I shorted overnight.ALLT-As with almost every stock, ALLT dropped > read more

U.S. Treasury Department Has Financial Markets Bunker (Video) *Monitors global markets*

Published on 2011-03-15 19:49:00

$ $ $U.S. Treasury Markets RoomU.S. Treasury Department Has Markets BunkerU.S. Treasury Markets Room In the basement of the Treasury Department in Washington, D.C. is the Markets Room where a carpentry shop formerly was.�This secure, but not cla > read more

U.S. Treasury Department Has Financial Markets Bunker (Video) *Monitors global markets*

Published on 2011-03-15 19:49:00

$ $ $U.S. Treasury Markets RoomU.S. Treasury Department Has Markets BunkerU.S. Treasury Markets Room In the basement of the Treasury Department in Washington, D.C. is the Markets Room where a carpentry shop formerly was.�This secure, but not cla > read more

Weak Dollar And Weak Oil Buoy Stocks

Published on 2011-03-15 14:25:21

The major stock market indexes have traded sharply off of their intra-day lows. This morning the Dow Jones Industrial Average was lower by nearly 300 points. However, once the trading volume subsided and oil and the U.S. Dollar Index declined the maj > read more

Meltdown?

Published on 2011-03-15 14:20:42

Meltdown? Couldn’t happen (they say). I don’t mean to sound alarmist, but no one knows what is going to happen to the Fukushima nuclear power plant. When you deal with these kinds of Black Swan events, you weigh the probabilities, not the > read more

Alert: Key Levels Tagged On QQQQ

Published on 2011-03-15 11:53:53

The gap lower today took many key stocks and indexes to major support levels. Whenever a panic gap lower nails massive supports the markets will almost always rise of these lows. This is why using charts is so important for investors, swing traders a > read more

Indian Poker

Published on 2011-03-14 13:55:36

In college, probably our crowd’s favorite two indoor games were Risk (the game of world domination, in retrospect a funny fave for a group of aggressively anti-war counter-cultural types) and Indian Poker.  We all know about risk on and risk o > read more

Indian Poker

Published on 2011-03-14 13:55:36

In college, probably our crowd’s favorite two indoor games were Risk (the game of world domination, in retrospect a funny fave for a group of aggressively anti-war counter-cultural types) and Indian Poker.  We all know about risk on and risk o > read more

Unbelievable Video of Tsunami

Published on 2011-03-14 13:41:41

There is nothing to say here. � � � Hat tip to Dr. [...] > read more

Unbelievable Video of Tsunami

Published on 2011-03-14 13:41:41

There is nothing to say here. � � � Hat tip to Dr. [...] > read more

Chart Analysis: EXEL – Biotech Trade Setup

Published on 2011-03-13 21:45:09

Exelixis (EXEL) is a new biotech position of mind that is currently at the bottom of its recent trading range with relatively strong support.  After a strong rally from January, EXEL has finally pulled back towards support levels and looks to be set > read more

The Markets Steroid Injections Are Coming To An End

Published on 2011-03-13 21:30:04

With oversold conditions on Friday, we managed a bounce as the market tried to digest and desensitize itself from the headline risk.  The volume was weak and the bulls were unenthusiastic which was a reminder of the low-volume V-shaped recoveries we > read more

The Markets Steroid Injections Are Coming To An End

Published on 2011-03-13 21:30:04

With oversold conditions on Friday, we managed a bounce as the market tried to digest and desensitize itself from the headline risk.  The volume was weak and the bulls were unenthusiastic which was a reminder of the low-volume V-shaped recoveries we > read more

Japan’s Struggle To Recover

Published on 2011-03-13 17:42:29

This article deals with the economic impacts of the earthquake in Japan. There are enough sources on the web that deal with the destruction and loss of life. We wish the people of Japan well in this difficult time. Japan is having a grave crisis and > read more

Review: Week Ending 12MAR11

Published on 2011-03-13 14:26:00

What a bust for me in trading. Days I could trade I wasted and days I couldn’t I forced. Or that’s how it seems as I think about what I did this past week in trading. The more I follow these traders on twitter/blogs the more I see that this is a > read more

Review: Week Ending 12MAR11

Published on 2011-03-13 14:26:00

What a bust for me in trading. Days I could trade I wasted and days I couldn’t I forced. Or that’s how it seems as I think about what I did this past week in trading. The more I follow these traders on twitter/blogs the more I see that this is a > read more

S&P 500 Down -1.28% for Week on Global Uncertainty (Chart) *Rallies above 50 day average on Friday*

Published on 2011-03-13 13:53:00

$ $ $A catastrophic earthquake hit Japan on Friday, March 11, 2011S&P 500 OverviewS&P 500�The S&P 500 was down this past week on a higher Wall of Worry to close at�1304.28�on Friday, March 11, 2011.�The S&P 500, SP > read more

Another Look At The Spending Issue

Published on 2011-03-12 16:51:53

Another look at the spending issue. � � � Hat tip to Sourdough [...] > read more

Spending Cuts Put Into Perspective

Published on 2011-03-11 13:35:12

This very short clip puts the proposed GOP spending cuts into perspective. > read more

Visa and Mastercard Are Bucking The Trend

Published on 2011-03-11 10:34:46

Visa Inc.(NYSE:V) and Mastercard Inc.(NYSE:MA) are the leading credit card transaction and processing companies in the market. These two stocks are trading higher this morning. Visa Inc.(NYSE:V) is trading higher on the session by 0.90 cents to $72.3 > read more

Insurance Stocks Take A Hit

Published on 2011-03-11 09:48:41

Whenever a natural disaster occurs such as the Japanese earthquake today insurance stocks will usually feel the effects. This morning many leading insurance stocks are trading sharply lower in sympathy to the insurance sector . Progressive Corp.(NYSE > read more

Commodity Stocks Bounce

Published on 2011-03-11 09:16:06

This morning a few of the leading commodity stocks are bouncing higher. The devastation in Japan will require the country to rebuild its damaged infrastructure. Cliffs Natural Resources Inc.(NYSE:CLF) is trading higher this morning by $1.13 to $86.25 > read more

Pre-Market News And Views

Published on 2011-03-11 08:57:44

Japan experienced a massive 8.9 magnitude earthquake on the Richter scale earlier today. The death toll is uncertain at the moment, however, a tsunami is reported to have reached other parts of Japan and Hawaii. Tsunami warning have been issued for t > read more

The QE2 Uptrend Finally Cracks

Published on 2011-03-10 23:31:10

Today was a damaging day as the 50-day SMA was finally broken intraday, we bounced, and ended up closing below it near the lows of the day, a very bad sign.  The bottom bollinger band was broken in the S&P 500 (SPX), another bad sign.  The las > read more

Risk On Or Risk Off?

Published on 2011-03-10 23:05:13

As was reported by me here just a few days ago, the head prophet of U.S. and global financial markets, named Ben S. Bernanke, is said to favor an end to debt monetization aka QE2 by the end of June.  As if on cue, any lesser prophets such as Ray Dal > read more

A short and a long both overnight in anticipation of revolution

Published on 2011-03-10 21:44:00

Today was an interesting day for my one and only play--ALLT short. There was a stop that I had in place that also executed, RTK but that was a scalp play that I could’ve taken yesterday but was too greedy to do so and was left with a loss instead ( > read more

Broad Based Tumble, However, Here Are The Pockets Of Strength

Published on 2011-03-10 09:30:22

The major stock indexes are all declining sharply lower this morning to start the day. The sell off is broad based as just about every sector in the market is selling off sharply. The only sign of strength in the market is in the U.S. Dollar Index. T > read more

Pre-Market New And Views

Published on 2011-03-10 08:32:03

This morning the S&P 500 e-mini futures contract(ES H1) is trading lower by 7.25 points to 1307.75. The futures have come under pressure as the Asian market tumbled last night. The highly important Shanghai Index(China) traded lower by 1.51 perce > read more

Wisconsin Passes Anti-Union-Coercion Bill

Published on 2011-03-10 01:00:44

It’s nice to have some good news for a change. On Wednesday night, Republican senators convened on short notice and removed appropriations items from the bill to allow a vote on the remaining issues—including curbs on the collective-bargainin > read more

Senator Paul Speaks The Truth On The Budget

Published on 2011-03-10 00:23:21

You’ve got to watch this very important speech. � � � Hat tip to Economic Policy [...] > read more

Late night and early morning makes me very low on ideas

Published on 2011-03-09 22:07:00

Late night at work so this stock trader’s ideas are a little thin. Gotta get some rest so this’ll be short.MPET-bad call by me. I should have gotten out in the morning when oil was strong, instead I got greedy and didn’t cut my losses quickly > read more

Start A Trading Account Today and Get $100 Bonus!

Published on 2011-03-09 22:03:19

IT’S EASY TO TRADE STOCKS — YOU CAN DO IT! Even if you’ve never traded stocks before, or are intimidated by the thought of playing the market, it’s easier than you think, fun, and, if you employ the right strategy, it is very > read more

NPR Unravels

Published on 2011-03-09 15:11:15

I am sure that if anyone at NPR read this blog they would write me off as a troglodytic creature unworthy of serious attention. I will admit to listening to NPR and I get quite a bit of my news from them because they do have “news” which > read more

Copper Drops Like A Rock

Published on 2011-03-09 14:39:07

Many traders and investors consider copper to be a leading indicator for the stock market. The legendary trader, Jesse Livermore, used to say that a strong copper market was a sign of a strong stock market. When copper declined sharply it was a sign > read more

Gold Shines Brightest With Inflationary Growth

Published on 2011-03-09 13:21:50

The latest billionaire to tell us that living standards for Americans are going to fall is Bill Gross.  Frankly, I’m getting peeved by all these people who got filthy rich by manipulating financial assets saying we have to suck it up while the > read more

Markets Move Higher On Financial Stocks…Again

Published on 2011-03-09 11:31:48

On the two year anniversary of the market bottom, stocks are swinging from negative to positive back to negative and now inching back to the positive side. The SPDR S&P 500 ETF (NYSE:SPY) just hit the highs of the day at $132.80. These wild swin > read more

Alert: Chevron Showing Signs Of Top

Published on 2011-03-09 11:08:08

Chevron Corporation (NYSE:CVX) has started to stall out and fall back to earth after a record breaking run. The stock has a rounded top in place and today is trading sharply lower at $102.18, -1.59 (-1.53%). Even with oil trading flat to higher, Chev > read more

IBM Lifts the DJIA

Published on 2011-03-09 09:44:47

International Business Machines(NYSE:IBM) is surging higher this morning to new all time highs. The stock is trading higher by $5.15 to $167.41 a share. This is a 3.00 percent increase in the technology giant today. Traders should remember that IBM s > read more

Why you shouldn’t count oil out, even if the rebels accept a Gaddafi surrender (the non-rumor type)

Published on 2011-03-08 21:18:00

The gist of it: In Saudi Arabia protests are being organized via social networking (Egyptian style) with the first mass protest being this Fri and another one next Fri. What are they calling for? What it seems like from the different sources out ther > read more

Is Unemployment Really Declining?

Published on 2011-03-08 19:24:51

I tend to believe the BLS unemployment numbers in that they indicate marginal gains in employment, although they are probably statistically insignificant. Last Friday’s report said that the civilian unemployment rate declined to 8.9% from 9.0 > read more

Housing Negative Equity Remains At Historic High

Published on 2011-03-08 17:14:09

CoreLogic released it negative equity report for Q4 2010 today and it was not encouraging: 11.1 million, or 23.1 percent, of all residential properties with a mortgage were in negative equity at the end of the fourth quarter of 2010, up from 10.8 mi > read more

Commercial Real Estate Loan Liquidations Continue

Published on 2011-03-08 16:55:43

I follow the TreppWire data on CMBS (commercial mortgage backed securities) because it tells me what is happening to all those deal put together for commercial real estate and then syndicated into trust pools. In these kinds of deal the loan originat > read more

Bank of America Leads Rally

Published on 2011-03-08 14:15:40

Everything is once again wonderful in the bankers world. Today all of the leading financial stocks are rallying sharply higher. Bank of America Corp.(NYSE:BAC) is trading higher by 0.63 cents to $14.66 a share. Traders should watch for intra-day resi > read more

Financial Sector Leading

Published on 2011-03-08 11:44:50

The financial sector was the leading indicator for the rally today. This was clearly seen as the markets sold sharply for the first twenty minutes of the day before reversing to the upside dramatically. As the markets were selling into the 10:00am ET > read more

The Inside Keys To Today’s Market Action

Published on 2011-03-08 11:26:11

The markets are jumping higher today on the back of a commodity pull back. Oil is dropping slightly on the day as it appears Moammar Gadhafi is on the retreat. Not only has the U.N been meeting about a possible no fly zone over Libya but rumors have > read more

CBOE Rolls Out a New Blog; I Am a Guest Contributor

Published on 2011-03-08 11:16:00

The Chicago Board Options Exchange (CBOE), the same people who brought you the CBOE Volatility Index (VIX) and a host of other volatility products, recently joined the blogosphere with the launch of What’s On Our Minds...For starters, the new blog > read more

Alert: Key Levels, Finding The Perfect Trade

Published on 2011-03-08 10:54:19

As the markets continue their wild ways, with moves up and down every other day, the swing trading market has become a thing of beauty. Major stocks are being slammed down, then bouncing off major support levels for a day or two, before dropping agai > read more

Big Energy Feels The Heat

Published on 2011-03-08 09:28:34

Many of the major and leading energy stocks are declining sharply lower this morning. Exxon Mobil Corp.(NYSE:XOM) is the largest integrated energy stock in the stock market with a market capitalization of $426 billion. This leading energy stock is de > read more

Teemoney’s Silver Option Strategy

Published on 2011-03-07 21:56:13

Written By: Teemoney As a hedged play on Silver (and to compliment MK’s TA post), I’ve developed a trade focusing on iShares Silver Trust (SLV) and ProShares UltraShort Silver (ZSL), the 2X inverse. If we make bets for both ZSL and SLV in > read more

A Great Stock and Even Better Setup! (F)

Published on 2011-03-07 20:26:03

At Company Invest, we’ve been waiting for a perfect setup to get into Ford Motor Company for a long time.  Well, the wait is over.  Those lucky enough to grab Ford at it’s lows of around $1, saw it rise to over $19 in just a couple year > read more

You Gotta Love Those Analysts

Published on 2011-03-07 14:40:08

General Motors Co.(NYSE:GM) is now trading below it’s IPO price of $33.00 a share. In late December 2010, the stock was upgrades by numerous major brokerage firms. You can look at the chart below to see how the stock performed since that time. > read more

IBM Drags The Dow Jones Lower

Published on 2011-03-07 14:10:58

International Business Machines Inc.(NYSE:IBM) is the highest priced stock in the Dow Jones Industrial Average(DJIA) at $160.00 a share. The DJIA is a price capitalization weighted index, therefore, IBM is the most important stock for the Dow Jones I > read more

Technology Extremely Weak

Published on 2011-03-07 11:21:35

The markets are continuing to sell sharply today even though oil has pulled back nicely. This is a new aspect to the markets over the last month and something that may signal a significant shift in market activity. Technology is falling today, leadin > read more

Markets: The End Is Near

Published on 2011-03-07 10:40:13

The markets sold sharply after opening nicely higher. This sell off is interesting because of many reasons. Most people would assume oil must be running sharply higher intra day. However, that is not the case. The United States Oil Fund LP (NYSE:USO) > read more

Transports Lower Again

Published on 2011-03-07 09:54:43

The iShares Dow Jones Transportation Index ETF(NYSE:IYT) has been on a roller coaster ride when viewing the daily chart. The popular and highly followed transportation index is under pressure again this morning despite the small rally in the Dow Jone > read more

Oil Dips Markets Jump

Published on 2011-03-07 09:30:04

This morning the Unites States Oil Fund(NYSE:USO) has pulled back sharply from its morning highs. The USO is now trading higher by just 0.15 cents to $42.48 a share. Spot crude for April delivery has declined sharply from it’s morning high and > read more

Oil Refiners Retreat

Published on 2011-03-07 09:19:12

The major oil refining stocks are coming under some pressure this morning as spot oil trades at a new high for the year. Often when oil surges higher it will hinder the use of gasoline, and other refined oil products that are made by the major oil re > read more

Watch for Huge Swings in the Market this Week

Published on 2011-03-07 07:47:02

Watch Wild Market Swings Good morning friends. Today is Monday, March 7 the year 2011.as we start out our trading week we need to keep some things in mind that are still going to influence the market. Rising oil prices and the violence in Libya conti > read more

FDA Trade For 2nd Quarter 2011

Published on 2011-03-06 22:26:49

Spectrum Pharmaceuticals (SPPI) is forming a pennant of higher lows and lower highs.  Technically, we don’t want to see lower highs, but when the trend is up over the past few months, this combination forms a pennant and is favorable for more > read more

Chart Analysis: SLV – The Silver Rush

Published on 2011-03-06 22:23:16

iShares Silver Trust (SLV) is an ETF play on silver and I do not like to make a habit out of using technical analysis on an ETF due to the differences between how a regular stock works and an ETF, yet others do not care about the differences.  Howev > read more

The Great Immoderation

Published on 2011-03-06 16:43:08

In both 1960 and 1980, the American people were enduring their fourth recession in about 12 years.  Each time they elected as President a man who pledged to get the economy moving again.  Each had a program of tax cuts, Federal deficits, debt monet > read more

Thank You For Being Successful! Please Hand It Over When You Leave The Planet

Published on 2011-03-06 16:28:17

Most people are in favor of taxing dead rich people. Otherwise, they say, wealth will be concentrated in the hands of just a few idle rich folks which is bad. These pampered rich heirs, who will never amount to anything because they don’t have to w > read more

S&P 500 Ekes Out Weekly Gain Despite Libyan Revolution (Charts) *Below 20 day average*

Published on 2011-03-05 16:44:00

$ $ $Libyan Revolution has created turmoil in oil, bond, and equity markets as rebels attempt to overthrow dictator Muammar GaddafiS&P 500 OverviewS&P 500�The S&P 500 was barely up this past week to close at�1321.15�on Frid > read more

QE To Infinity: Not?

Published on 2011-03-04 17:56:49

This was from Bloomberg this morning: Federal Reserve policy makers are signaling they favor an abrupt end to $600 billion in Treasury purchases in June, jettisoning their prior strategy of gradually pulling back on intervention in bond markets. “I > read more

Alert: Major Level On Oil Tagged

Published on 2011-03-04 13:39:32

Could this be a short term top? Anything is possible now that the $42.25 level has been tagged on the United States Oil Fund LP (NYSE:USO). This may be major in the bigger picture. We will know more next week. A possible short is available at this le > read more

Markets Find Support On Key Level

Published on 2011-03-04 13:08:44

The SPDR S&P 500 ETF (NYSE:SPY) traded down to a low of $131.61 today as oil shot higher. The SPY found major support at the pivot higher from Wednesday. This level represents a major support for the market intra day and should be watched. If th > read more

Markets Sell Following Jobs Report, Oil Spike

Published on 2011-03-04 10:45:36

The markets sold slightly after the Non Farm Payrolls Report showed a 192,000 gain. The Unemployment Rate dropped to 8.9%. While this was a solid number, after the massive rally yesterday, the markets saw some profit taking. In addition, oil moved hi > read more

Gasoline Makes Another New 52 Week High

Published on 2011-03-04 09:29:29

The Unites States Gasoline Fund ETF(NYSE:UGA) is making a new 52 week high this morning. The UGA is trading higher by 0.39 cents to $49.57 a share. Short term traders should watch for some minor intra-day resistance around the $50.00 area. However, i > read more

Silver and Gold On The Move Early

Published on 2011-03-04 09:10:15

This morning, silver and gold are rallying higher again. The move higher in the precious metals come as the U.S. Dollar Index declines and the tension in the Middle East continues to surge. The iShares Silver Trust(NYSE:SLV) is trading higher this mo > read more

Goldman Sachs Under Early Pressure

Published on 2011-03-04 08:39:13

Goldman Sachs Group Inc.(NYSE:GS) is trading lower this morning in the pre-market as a board member has agreed to testify in an insider trading case. Goldman Sachs stock will have intra-day support around the $161.50 area. Morgan Stanley(NYSE:MS) see > read more

Why Real Estate Will Hold The Economy Back

Published on 2011-03-04 02:17:55

Commercial real estate loans and residential housing will continue to be a significant drag on economic performance. Until the mass of over-built homes and commercial properties are liquidated credit will remain tight and unemployment will remain hig > read more

Morgan Stanley Struggles To Trade higher

Published on 2011-03-03 14:40:46

Morgan Stanley(NYSE:MS) or better know as Goldman Lite is struggling to trade higher today. The stock has a somewhat weak pattern on the daily chart and has been under pressure for the past eight trading session. Short term scalp traders can look for > read more

Oil Move Overshadowed By Job Report Expectation

Published on 2011-03-03 14:05:14

This afternoon the United States Oil Fund ETF(NYSE:OIL) is rallying off the the lows. The USO is trading lower by just 0.20 cents on the session. Over the past week every time oil has rallied higher intra-day the stock market has sold off sharply and > read more

Modeling S&P 500 returns. March 2011

Published on 2011-03-03 13:19:00

We restart (or continue)�reporting on�the evolution of the S&P 500 and our prediction made in the beginning of 2009. Between March 2009 and September 2010, the prediction based on the number of nine-year-olds, N9, fitted the observed S& > read more

Major Keys In A Powerful Market

Published on 2011-03-03 11:21:37

While the markets are surging higher on weaker oil and strong economic reports, many underlying stories are of interest. First, it is worthy to note that Exxon Mobil Corporation (NYSE:XOM) and Chevron Corporation (NYSE:CVX) are weaker, relative to th > read more

Alert: Markets Surge On Drop In Oil, Strong Economic Reports

Published on 2011-03-03 11:07:13

The markets surged higher today on the back of weaker oil and strong economic news. Wall Street seems to have put the problems in the Middle East on the back burner as no new issues appear to be plaguing the region. The United States Oil Fund LP (NYS > read more

Gold Miners Under Pressure

Published on 2011-03-03 09:20:33

This morning the gold mining stocks are declining sharply lower. The popular Market Vectors Gold Miners ETF(NYSE:GDX) is declining lower by $1.27 to $59.52 a share. The $57.50 area will be minor intra-day support, however, the $59.00 area will be a m > read more

Target Falls Off The Mark

Published on 2011-03-03 08:49:09

This morning Target Corp.(NYSE:TGT) is trading lower by 0.85 cents to $51.42 a share. The retail giant is declining despite the overall market rally this morning. Short term traders can watch intra-day support around the $51.13 level. This is a very > read more

Updated FDA Calendar for March

Published on 2011-03-02 22:43:02

FDA Calendar is now fully updated to reflect any recent changes in March. See the link below and discuss any of the topics in the biotechnology sector on the brand new forums. Good luck! FDA Calendar for March > read more

Things Are Sometime What They Seem

Published on 2011-03-02 14:47:46

Of course, sometimes skim milk masquerades as cream. For those of a certain age who recall an old ad for the recording medium Memorex, part of living is distinguishing truth from fiction, real from Memorex.  Hamlet had to decide if the ghost or his > read more

Market Bounces Despite High Oil

Published on 2011-03-02 14:36:15

The major stock market indexes have all rallied higher after an early decline around the 12:00 pm EST. Many traders and investors are looking forward to the government job report on Friday. This morning before the opening bell APD released their payr > read more

Historic Change In The U.S Dollar Spells Trouble

Published on 2011-03-02 11:37:50

In historic terms, this period will be looked back on as being a major turning point for the U.S. Dollar. Over multiple decades, anytime there has been something major happening in the Middle East, Asia or Europe, money has poured into the U.S. Dolla > read more

Oil Mysteriously Drops As Bernanke Begins Testimony

Published on 2011-03-02 10:00:50

The chairman of the Federal Reserve Bank, Ben Bernanke, just began his testimony in the U.S. House of Representatives. Ironically, when the chairman began his testimony spot oil prices just dropped sharply intra-day trading below the psychological $1 > read more

The U.S. Dollar Index. How Low Can It Go?

Published on 2011-03-02 09:21:41

The U.S. Dollar Index is once again trading lower this morning. The U.S. Dollar Index is a basket of six other leading currencies verse the U.S. Dollar. Most commodities are traded in U.S. Dollars and this makes the dollar the worlds reserve currency > read more

Pre-Market News & Movers

Published on 2011-03-02 08:21:11

The uprising in the Middle East and North Africa continues to escalate. Countries such as Libya, Iraq, Iran, Egypt, Bahrain, and possibly Saudi Arabia are being effected at this time. Light crude for April delivery is trading at $100.00 a barrel this > read more

Trending Near The Bottom Of The Trading Range: Will The QE2 Rally Hold?

Published on 2011-03-01 21:24:55

The past week, the bears have had a few productive days giving concern to the bulls.  Today was another one of them.  The trend for a while was a strong gap-up on the first day of the month, which we saw today, but within minutes it quickly reverse > read more

Intermediate Term High for Stocks

Published on 2011-03-01 20:33:01

Here’s the latest from Steven Vincent at TheBullBear.com: http://www.thebullbear.com/profiles/blogs/intermediate-term-high-for Here’s the introduction to the latest BullBear Market Report: Intermediate Term High for Stocks The fear of a disru > read more

Keys To The Market Revealed

Published on 2011-03-01 11:15:18

The markets opened higher today but started to sell immediately. After one hour of continued selling, the markets bounced to sharply into resistance and then moved back down into a double bottom. Technically speaking, the markets are still inside the > read more

10 Year Bond Yields Jump

Published on 2011-03-01 08:57:57

The 10 year T-bond yield is surging higher this morning by 7.0 basis points to 3.48 percent. This move higher in the yield means that bond prices are declining lower. Traders can see how the iShares Barclays 20+ Yr Treas.Bond ETF(NYSE:TLT) is selling > read more

Pre-Market News And Movers

Published on 2011-03-01 08:18:38

Last night the Asian stock indexes all surged higher. The Nikkei 225 Index(Japan) was the major winner closing higher by 1.22 percent. The Hang Seng Index(Hong Kong), and the Shanghai Index(China) both finished higher by less than 0.5 percent. When t > read more

Chart Analysis: LSCC – Small Cap Tech Play

Published on 2011-02-28 22:37:46

Lattice Semiconductor Corp (LSCC) recently had a breakout from the short downtrend and found support off the 50-day SMA.  With the Ipad launch on Wednesday, I anticipate Tech stocks could see a quick influx of buyers.  Unfortunately, I was unable t > read more

Akamai Meets Tsunami Selling

Published on 2011-02-28 14:46:29

Akamai Technologies Inc.(NAASDAQ:AKAM) is one of the worlds leading providers of accelerating and improving the delivery of content and applications over the internet. The stock has declined sharply since February 9, 2011 when it reported earnings th > read more

Getting Real

Published on 2011-02-28 13:37:46

As Econophile reported recently, the #2 person at the Fed (Janet Yellen) came out last week insisting that creating more money was key to economic growth, and that the Fed needed to do a better job that it would persist in this money creation for lon > read more

Classic Retrace In Progress

Published on 2011-02-28 12:27:57

The markets are fading off the highs of the day as lingering global fears persist. In addition, this is a classic retrace back higher after the major drop last week. A retrace states that after a significant two or more day move, the market or stock > read more

Will Silver Go Higher Or Collapse Again

Published on 2011-02-28 11:52:01

Last Thursday, silver collapsed. After hitting a high of $33.00 the previous day on the iShares Silver Trust (NYSE:SLV), it dropped to a low of $30.96.  This did some major technical damage to the chart. However, between last Friday and today, silve > read more

The Keys To The Next Market Move

Published on 2011-02-28 11:27:57

The markets are having their second straight bounce day on the back of light volume and continued semi calm in the Middle East and Northern Africa. Libya continues to be in a civil war but overnight China began putting pressure on Moammar Gadhafi to > read more

Oil Services Holders Trust Under Pressure

Published on 2011-02-28 10:05:18

The Oil Services Holders Trust(NYSE:OIH) is a basket of the leading oil services stocks. This morning the OIH has come under some pressure trading lower by 41.90 to $161.35 a share. Short term traders can watch for intra-day support around the $160.7 > read more

Americans Just Lost Some More Of Their Buying Power

Published on 2011-02-28 09:12:05

The U.S. Dollar Index has declined sharply again this morning. The U.S. Dollar Index is trading lower by 0.47 cents to $76.79. This is the lowest the U.S. Dollar Index has traded since November 4, 2010 when the index traded as low as $76.17. On Janua > read more

Pre-Market Movers And News

Published on 2011-02-28 08:15:18

This morning the personal income and spending numbers were released. The income and spending numbers were just a slight bit better than economists had expected. The S&P 500 Index e-mini futures(ES H1) were already trading higher this morning by 6 > read more

Chart of the Week: Flight to Safety ETPs

Published on 2011-02-28 01:50:00

It has already been an interesting year for students of market sentiment, volatility and geopolitical influences on financial markets. We have seen revolutions of various sizes and shapes in the likes of Tunisia, Egypt and Libya, with smaller uprisin > read more

Chart Analysis: RGEN – Speculative Biotech

Published on 2011-02-27 23:33:25

RGEN has been settling near the bottom of the trading range on low volume.  It has formed a small head and shoulders pattern, but it seems to have relatively good support around the 50-day SMA and not many persistent sellers.  This creates a favora > read more

Chart Analysis: MPET – Small Cap Oil

Published on 2011-02-27 23:25:35

MPET has recently broken out of the small downtrend and is consolidating after a large gap-up last week.  This recent move up has been met with many sellers, most likely many of them happy just to break even and get out of the stock after its recent > read more

S&P 500 Drops On Libyan Uprising (Charts) *Oil spikes up, US Dollar down*

Published on 2011-02-26 12:44:00

$ $ $Libyan protester holds up defaced poster of Muammar GaddafiIn 1972 Gaddafi gave himself the title "Brotherly Leader and Guide of the First of September Revolution of the Great Socialist's People's Libyan Arab Jamahiriya"S&P 500 OverviewS& > read more

S&P 500 Drops On Libyan Uprising (Charts) *Oil spikes up, US Dollar down*

Published on 2011-02-26 12:44:00

$ $ $Libyan protester holds up defaced poster of Muammar GaddafiIn 1972 Gaddafi gave himself the title "Brotherly Leader and Guide of the First of September Revolution of the Great Socialist's People's Libyan Arab Jamahiriya"S&P 500 OverviewS& > read more

Blog Posting to Resume this Weekend

Published on 2011-02-26 10:33:00

Thanks to all who have inquired about my absence and health.� It turns out that I have been under the weather, then taking some time off.� Originally I had intended to post more intermittently rather than coming to a complete stop, but now > read more

What Is Penny Stock Investing

Published on 2011-02-25 20:12:54

Stocks selling in between $1 to $5 are called penny stocks. They are basically low-priced stocks, considered speculative. Another term for penny stock is the microcap or small cap stock. These were used for stocks that were priced less than one dolla > read more

Fundamental Analysis of the Stock Market

Published on 2011-02-25 20:09:18

Fundamental analysis is the study of the combination of underlying company, industry, and economic factors that affect a stock’s present value with the aim of forecasting its future value. It aims to deduce a current fair value of the stock. If > read more

What Happens in the Money Market

Published on 2011-02-25 19:51:33

Whenever the share market takes a dive, and we have a bear market, it is time to realize that the stock exchange is an unsafe place for our investments. As long as the market remains bullish, everyone enjoys the returns. However, this is part of the > read more

GDP: Nothing Is Ever As It Seems

Published on 2011-02-25 19:34:16

The revised real GDP numbers for Q4 2010 were a disappointment for most economists who foresaw the third and fourth quarters to be much higher. The BEA’s advance report last month said GDP was up 3.2%. The new numbers show it was only up 2.8%. > read more

Price, Time And Precious Metals

Published on 2011-02-25 13:50:26

About a century after the theory of relativity was introduced, people understand that space-time is considered by physicists as one unified set of dimensions.  As T. S. Eliot wrote, the moment of the rose (brief) and the moment of the yew-tree (a ve > read more

Silver Roars Back, How To Trade It

Published on 2011-02-25 13:36:20

After a massive 5% drop yesterday, silver surged higher again today by 3.5%. The iShares Silver Trust (ETF) (NYSE:SLV) is trading at $32.28, +1.08 (+3.48%). The drop yesterday was a major signal that silver may be near a short term top. Technically s > read more

Volume Matters

Published on 2011-02-25 12:40:22

Today the major stock market indexes are rallying sharply higher. Traders should take notice that the trading volume is extremely light today. In the prior three trading sessions the volume in the stock market was much more heavier than today and tha > read more

Natural Gas Ignites

Published on 2011-02-25 11:57:22

The popular United States Natural Gas Fund(NYSE:UNG) is finally catching a bid higher today. This popular ETF has been in the dog house for almost two years. Today is the first sign that this ETF could be making a major move. The natural gas futures > read more

Traders Up The Ante on Casino Stocks

Published on 2011-02-25 09:43:22

The leading casino stocks are in rally mode today along with the major stock market indexes. Wynn Resorts Ltd.(NASDAQ:WYNN) is considered the best of breed casino name at this moment. The stock is trading higher this morning by $3.23 to $122.52 a sha > read more

Oil Services Stocks Rebound

Published on 2011-02-25 09:04:58

The Oil Services Holders Trust(NYSE:OIH) is trading higher by $1.08 to $159.78 a share this morning. This is a slight up-tick today after a three day slide from the $165.00 high made on February 22, 2011. Traders can watch for intra-day resistance ar > read more

Voodoo Treasury-nomics

Published on 2011-02-24 23:45:15

The financial Establishment appears to believe in repeating its take on things over and over enough to make people forget why they opposed the bailouts.  This policy is not difficult to implement when it installs its leading information purveyor, Mi > read more

The Fed Will Never Go Broke

Published on 2011-02-24 19:55:17

The Fed must be worrying about the possibility that it could go broke, otherwise it wouldn’t have sneaked through an accounting change trick that makes it impossible for them to become insolvent. This little trick went unnoticed for the most pa > read more

Spending Restraint Part II

Published on 2011-02-24 15:34:30

Here is part II of the Spending Restraint series from Cato. > read more

Oil Makes The World Go Around

Published on 2011-02-24 14:35:05

The late session drop in spot crude has saved the stock market indexes from breaking down lower today. Right around 2:00 pm EST spot crude began to decline sharply lower before closing and settling at $97.30 a barrel on the New York Mercantile Exchan > read more

Hewlett Packard Looks For Support

Published on 2011-02-24 14:14:33

Hewlett Packard Co.(NYSE:HPQ) has been decimated on the charts after reporting earnings two days ago. The stock will have some short term intra-day support around the $41.95 area. This is not a long term bounce area. Stocks that sell off so sharply a > read more

Why Agriculture And Solar Sectors Are Strong

Published on 2011-02-24 11:49:12

The markets are lower today but some sectors remain strong. The agriculture and solar sectors are particularly strong in an otherwise dismal market. Why would these sectors be so strong in the face of the markets third consecutive sell off? The answe > read more

High Oil Hurts Silver

Published on 2011-02-24 11:16:47

As oil continues to trade around $100.00 per barrel, silver has started to fade. The iShares Silver Trust (NYSE:SLV) is trading $32.26, -0.45 (-1.38%). The key with silver is that it is not just a safety net for inflation fears and global instability > read more

Oil Fades As Panic Subsides

Published on 2011-02-24 10:58:41

Fear and panic have driven the oil market sharply higher over the last few days. Just last week crude oil was trading at $85 per barrel. Overnight, spot crude hit $103.00 per barrel. This massive spike was all on the back of unrest in the Middle East > read more

THE BEGINNING OF A CORRECTION?

Published on 2011-02-24 09:42:38

2-DAY MARKET SELLOFF SPOOKS SOME INVESTORS Technical analysis is a wonderful tool and has led us to some wonderful gains over the past several months. But the last two days have been big selling days on high volume.  What does that mean and how do y > read more

Oil Is Now The Driving Force Behind Every Market Move

Published on 2011-02-24 09:41:33

Oil has now replaced the U.S. Dollar Index as the driving force behind every market move. In the past, when the U.S. Dollar Index sold off or declined the major stock market indexes would inflate and trade higher. These days since the Middle East is > read more

Spending Restraint Part I

Published on 2011-02-23 18:25:33

Here is Cato’s Dan Mitchell’s latest video, the first in a series on government spending and the economy. We’ll have to wait and see what he has to say about federal debt. > read more

S&P 500 ETF (SPY) Finds a Bottom (sort of)

Published on 2011-02-23 18:16:26

We might have finally built in Libya's influence on the markets today. The SPY appeared to continue to be headed down into nowhere's ville. But about mid-day it got some buts and built a nice foundation. We are looking at 130.46 as a good area to bui > read more

Selling The Rebound

Published on 2011-02-23 17:51:23

Sir Isaac Newton posited that every action has an equal and opposite reaction. In markets, when an action has an opposite but unequal reaction, that often points to a trend, especially when a trend is due to be interrupted or change for good. On some > read more

TJX In Play

Published on 2011-02-23 14:44:56

TJX Companies Inc.(NYSE:TJX) is a popular discount retail company The stock declined sharply this morning after the opening bell, however, TJX stock has rallied off the intra-day lows with the market this afternoon. Traders should now watch the $49.0 > read more

Natural Gas Must Be On The Radar

Published on 2011-02-23 14:24:08

Everyone is watching the world protest over high food prices. Oil prices are the driving force in the stock market today as the geopolitical events in the Middle East become front and center news. Today spot crude reached $100.00 a barrel before pull > read more

Oil Spike Kills Stocks

Published on 2011-02-23 12:01:07

Crude oil is near $100 per barrel. The markets are getting crushed for the second day in a row. The conclusion is simple to draw. Sharp spikes in oil prices hurt all but oil stocks. While Chevron Corporation (NYSE:CVX) is having a monster day, plays > read more

Second Day Of Selling A Rarety

Published on 2011-02-23 11:32:06

The markets continue to sell today with the SPDR S&P 500 ETF (NYSE:SPY) trading at $130.68, -1.15 (-0.88%). Libya is on the verge of civil war and the markets continue to worry that the unrest and protests will spread to Saudi Arabia. Oil continu > read more

Oil Runs Again, Driving Big Oil Higher

Published on 2011-02-23 11:07:10

As oil continues to run higher on unrest in the Middle East and Northern Africa, big oil companies are enjoying larger profits in the short run. Chevron Corporation (NYSE:CVX) is trading at $103.52, +3.20 (+3.19%) while Exxon Mobil Corporation (NYSE > read more

Not Falling Off A Cliff Yet

Published on 2011-02-23 09:56:06

Cliffs Natural Resources Inc.(NYSE:CLF) is a leading iron ore pellet producer. The stock is trading higher today by $1.81 to $94.55 a share. The move higher comes as the U.S. Dollar Index has sold off sharply and many commodity stocks are catching a > read more

Is The U.S. Dollar No Longer A Safe Haven?

Published on 2011-02-23 09:48:11

Anytime the global market markets have come under pressure the U.S. Dollar has rallied higher as a safe haven trade. Investors will usually run and buy U.S. Dollars as a form of security. After all the dollar is the world’s reserve currency. Ho > read more

Woe Is Housing

Published on 2011-02-22 19:41:18

The Case-Shiller report today wasn’t news because we all know that housing prices are continuing to decline on a national basis. But, it reinforces what we are seeing. Home prices fell to new lows in 11 cities in December, the latest sign that > read more

Are You Confident In The Future Of The Economy?

Published on 2011-02-22 18:03:03

This is the time of the month when the consumer surveys come out measuring confidence in the economy’s future. There are three large surveys: Conference Board, Gallup, and the University of Michigan. They all try to measure our belief as to the > read more

Silver Topping, Here Is Why

Published on 2011-02-22 11:43:02

In the short run, silver appears to be topping. The iShares Silver Trust (NYSE:SLV) traded as high as $32.68 before pulling back to its current level at $32.20. Silver opened sharply higher on global worries along with gold. The SPDR Gold Trust (NYSE > read more

Markets Tumble As Chevron And Exxon Rally

Published on 2011-02-22 11:07:58

While the markets are being slammed on the back of Libya, Exxon Mobil Corporation (NYSE:XOM) and Chevron Corporation (NYSE:CVX) are spiking dramatically higher. This is a clear reaction to a major spike higher in oil. Libya is the largest producer of > read more

Airlines Stocks Descend

Published on 2011-02-22 10:07:57

Airline stocks are coming under pressure this morning after the large spike higher in oil. Airline stocks are particularly sensitive to crude and energy prices. Delta Air Lines Inc.(NYSE:DAL) is one of the largest passenger carriers in the world. The > read more

Retail Under Pressure

Published on 2011-02-22 09:11:46

This morning many of the leading retail stocks reported earnings. The popular Retail Holders Trust(NYSE:RTH) is trading lower by $1.26 to $107.99 a share. The RTH looks to have some intra-day support around the $107.00 level should it trade down ther > read more

Stuff And Swag

Published on 2011-02-21 19:00:22

Stuff. Let’s be honest: we all want it. Those who are squeezed for cash wax prosaically about the fact that they are so much happier without all that “useless” stuff they see other people acquiring. They are just envious. Trust me: > read more

Whither Durable Goods Orders?

Published on 2011-02-21 17:11:17

In reviewing my data for the week, I took another look at durable goods orders for December: This is worrisome to me. I don’t think it has anything to do with an efficient supply chain. Rather it looks like a decline in durable goods orders fo > read more

With The Markets Closed, An Important Day For The Markets?

Published on 2011-02-21 13:11:40

The more things change, the more they remain the same.  Or, not. Again: Past is by definition prologue, but it may be an imperfect, or perfectly misleading, guide to the future. The above caveats stated, here is why international market action toda > read more

Theoretical and Practical Research in Economic Fields: Winter Issue

Published on 2011-02-21 11:35:00

I am happy to inform all readers that the winter issue of the TPREF is now available. Table of contents:Macroeconomic Fundamentals and Stock Return Dynamics: International Evidence from the Global Finance AreaEzzeddine Abaoub, University of 7 Novembe > read more

Ron Paul Says Buy Cheap China Goods

Published on 2011-02-21 00:28:22

Usually, I lean towards agreeing with what Ron Paul says outside when he wanted to legalize marijuana, as if alcohol wasn’t bad enough and this would simply legitimize drug cartels who could undercut everybody.  This is another time I can not > read more

Guest Post: Using The Stock Market As A Debt Relief Option

Published on 2011-02-21 00:26:13

Written by: Justine Anderson 3 Reasons why stock trading can be used as a debt relief option In case your rising debt is giving you sleepless nights and you want to get rid of debt, then one of the ways in which you can do so is by investing in the s > read more

Massive Protests Threaten To Topple New Regime

Published on 2011-02-20 19:39:07

Thousands of protesters gathered outside government headquarters this week, ultimately seizing the legislature building on Friday and Saturday. Estimates ran as high as 68,000 people crammed into the main square. Sunday marked the sixth day of pro > read more

a 28% Profitable Trade from A Homebuilder?

Published on 2011-02-20 15:35:24

As the broader market remains overbought under very bullish market conditions due to the Fed’s POMO and zero interest rate policy medicine, we must continually look for trading opportunities that happen after pullbacks or upon certain pattern f > read more

a 28% Profitable Trade from A Homebuilder?

Published on 2011-02-20 15:35:24

As the broader market remains overbought under very bullish market conditions due to the Fed’s POMO and zero interest rate policy medicine, we must continually look for trading opportunities that happen after pullbacks or upon certain pattern f > read more

SPX Hits New High before President’s Day

Published on 2011-02-20 05:52:26

www.CartoonStock.com Whatever the fundamental or political news are, or even with historical probabilities and odds (heavily) tilt in favor of lower prices over the short-term, the market currently defies all negative odds. At least two noticeable se > read more

Powerful Wave 3 Bull Market Rally Not Over Yet

Published on 2011-02-19 22:29:45

Excerpt from the most recent BullBear Market Report for BullBear Traders members: SPX Chart Analysis The very long term monthly exponential moving averages will be in full bull market alignment as soon as the 20 moves above the 50, which appears to b > read more

S&P 500 at Highest Close Since June 17, 2008! (Charts) *Will budget deficits & cuts stop the rally?*

Published on 2011-02-19 17:42:00

$ $ $S&P 500 at highest close since June 17, 2008!Will federal, state, and municipal budget deficits and cuts stop the rally?S&P 500 OverviewS&P 500�The S&P 500 rallied again this past week to close at�1343.01�on Friday > read more

Caterpillar And The Dollar

Published on 2011-02-19 15:58:56

Caterpillar, Inc. came out with an outstanding sales report for the quarter ending January 31, 2011.  Sales are through the roof: up 48%. This caps off  nine straight rolling three-month periods of growth. Per region sales were: Asia-Pacific:  J > read more

Friday Bank Closing Report February 18, 2011

Published on 2011-02-18 19:07:40

There have been 9 bank closings since my last report (January 28). Citizens Bank of Effingham, Springfield, GA Habersham Bank, Clarksville, GA Badger State Bank, Cassville, WI  Peoples State Bank, Hamtramck, MI  Sunshine State Community Bank, Port > read more

Stranger And Stranger In A Strange Land

Published on 2011-02-18 17:44:18