Archive for September, 2008
No Conviction Rally
Yesterday I expected the market to gap down and clean out the last seller and then reverse intraday. But everything went in the opposite direction from the get-go. It was quite a whacky day in the market. Most of the stocks recovered 50-60% of what they had lost yesterday. However the volume on today’s rally [...]
Stock Trade Update: Sold SHLD Puts, Bought CBST Calls
Do I need to rant about today’s market actions? Amazing…simply amazing! Take a look at some of the groups and stocks we mentioned last week to short. Never in my wild dream I had expected such a massacre on this scale. Trying to find a stock that was in green was trying to find a [...]
Stock Trade Ideas: Weekly Watchlist (09/28/2008)
Bullish Plays:
(CEPH), (MYGN), (GENZ), (RAH), (SHW), (CERN), (PNR), (OTEX), (VRTX), (SQNM), (AMMD)
Don’t be surprised with such a small list. The number of new highs on NYSE and NASDAQ is in single digits. That should give you some idea as to what is going on in this turbulent market.
Once again the strongest sector emerging in this [...]
OT: Sunday NFL Picks (09/27/2008)
Game
Pick
Atlanta Falcons @ Carolina Panthers
Atlanta Falcons
Cleveland Browns @ Cincinnati Bengals
Cincinnati Bengals
Houston Texans @ Jacksonville Jaguars
Jacksonville Jaguars
Denver Broncos @ Kansas City Chiefs
Denver Broncos
San Francisco 49ers @ New Orleans Saints
New Orleans Saints
Arizona Cardinals @ New York Jets
New York Jets
Green Bay Packers @ Tampa Bay Buccaneers
Tampa Bay Buccaneers
Minnesota Vikings @ Tennessee Titans
Tennessee Titans
San Diego Chargers @ Oakland Raiders
San [...]
Top and Bottom Sectors - September 28, 2008
First and foremost, I would like to thank all our readers and their valuable comments. Your input is highly appreciated and we will try our best to provide you with quality resources.
And now I guess I’m not that smart using the Wordpress blogging platform which I’m still learning by the day. It was brought to [...]
