Real Estate recovery? Case-Shiller, say’s not so fast
TweetAs we all know Monday we had a nice.. caught 3% run up on some BS housing information, i think meant to be fluff. Remember those pulling the strings which make this market operate are tricksters. Today was a choppy trade, really was a waste unless you shorted ...
TIVO looking to have an interesting expiration
Tweet Rumor has it there is large open interest activity surrounding the 7.50 May TIVO strike.This looks like it could a pin risk, but if they do exercise it would account for a HUGE increase over the average trading volume. This could for sure affect the share ...
SPY short time. Was that really a bear wedge?
Tweet ONly if you believe in true technical analysis and have confidence though. COnfidence in pulling the trigger that is. What i am looking to get into is some short side SPY puts, since you cant borrow anything with volatility! I am basing this decision on this ...
Sony posts first quarterly loss in 11 years
Tweet A telling indicator of waning middle ground consumer spending, Check out the story here Here. Lets watch the futures and see if this affects anything… ...
My ultra bear theory. Is the rally over..
Tweet Wow what a day makes! Nice 2+% drop across all indexes, i am not worried i am actually quite happy. WHy you might ask? Here are four reasons:1. The market has been so overbought it throws most lower indicators like Stoch and MACD out of whack, any ...
Are the bears out of hibernation? Rally out of steam.
Tweet Today’s trading action was finally mild confirmation on bears taking the stage. A few things happened today which have not happened in the past sell offs during this 2 month rally. The main observation should be the gap held in the am, followed by sideways trading action ...
GOOGLE new target 600 PPS. Market has legs. $GOOG
TweetToday Google was upgraded with a target of 600PPS put on it. I have put a few lines on a google chart i have been trading for some time. Basically what i did was extend the current crescendo of trend lines out until they reached 600. The chart ...
Tech takes a tumble, GOOG almost reaches target
Tweet If you paid attention to the NASDAQ today you noticed it was down over 2% while the the overall market was down a mere 1%. This is the case because tech has been the front running in this market, some names gaining large amounts in the recent months. ...
Stress Test results = Nul Now in overshoot territory
TweetHello everyone, i am sorry i have been away from quite some time, as hard line Internet issues has plagued me, and i have actually just been fairly hands of in this market do its precariously propped up nature. A lot has happened since i spoke last, the single largest thing being the ...
Chrysler goes down… takes the market with it…
TweetTOday was one of those days, you know where the futures are up wildly into the open gapping the market. MOst days like today are ripe for a trade called “fade the Gap”.. ever gap is closed, especially when a major event happens like today causing a sell off of 150+ points pushing ...