NBA PLAYOFFS BETTERS WELCOME!
| Opening Salvo 7-31-07 |
| Published: July 31, 2007, 9:26 am |
| Tags: Forex, Futures, Charts, Stocks, Technical Analysis, Psychology, Trading |
| Another big gap up on PCE inflation numbers being tame and perceived earnings strength. We expect volatility to continue to offer us some fantastic trading opportunities and we are looking forward to this bounce continuing so we may re launch our shorts a tad higher. Join us over at our premium traders room and hit em hard today. |
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| Data Feed |
| Published: July 31, 2007, 8:55 am |
| Tags: Charts, Futures, Stocks, Psychology, Technical Analysis, Trading |
| S&P futures vs fair value: +13.4. Nasdaq futures vs fair value: +21.0. June personal income rose 0.4% (consensus 0.5%) while personal spending rose 0.1% (consensus 0.1%). The more closely watched core-PCE deflator rose just 0.1% (consensus 0.2%), which assuages inflation concerns as the year-over-year rate stays at 1.9% and within the |
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| Good to Go Pile . . . |
| Published: July 30, 2007, 4:33 pm |
| Tags: Charts, Forex, Futures, Stocks, Psychology, Technical Analysis, Real Estate, Trading |
| Basia Balut, very nice voice, her name reminds me of Borat We’re Doomed Severe Technical Damage S&P 500 10-Day A/D Line: Extreme Oversold Readings No signs of Capitulation in my book either. . . . Where bond investors find a haven from rising rates I am also the Janitor The Russians are Coming Credit Market Tremors Is it obvious now? |
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| Futures Rally on |
| Published: July 30, 2007, 3:26 pm |
| Tags: Futures, Charts, Stocks, Technical Analysis, Trading |
| We have taken big moves on the long side of the ER2 and YM today and have stood aside in stock land as nothing really appealed to us here. The AD line has been decent but nothing spectacular with AD line here @ 1618. We will be back if we find anything else of interest later. |
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| Bulls in Control |
| Published: July 30, 2007, 10:26 am |
| Tags: Forex, Futures, Charts, Stocks, Technical Analysis, Psychology, Trading |
| Bulls in control on the open as we tested the bottoms a few times and put in some higher lows on the future indices a few times this am. The AD is firming up and stocks are starting to head upwards today. Welcome to the end of the month mark ups!! |
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| Data Feed |
| Published: July 30, 2007, 8:57 am |
| Tags: Charts, Forex, Futures, Stocks, Psychology, Trading, Technical Analysis, Real Estate, Lifestyle |
| Gapping up: RCCC +38.3%, GPCB +16.8%, TMY +12.9%, VVUS +10.0%, CYTR +9.8%, IR +7.5%, HRT +6.3%, HOKU +4.3%… Gapping down: AHM -42.9%, VCLK -15.4%, RSH -3.8%, CSG -3.5%, ELN -3.3%. Barron’s reports Amazon’s (AMZN) p/e multiple suggest investors’ enthusiasm has gotten ahead of the co’s growth potential, leaving the |
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| Good to Go Pile . . .Weekend Edition |
| Published: July 29, 2007, 7:38 pm |
| Tags: Charts, Forex, Futures, Stocks, Psychology, Trading, Technical Analysis, Real Estate, Music |
| Kick if off with Safety Bricks. Broken Social Scene Singer, Kevin Drew End of The LBO’s as asset class Rubber Souled Part One R.E.M. Durham live 9.24.84 probably two weeks after I firtst Michael Stipe @ Joe’s Star Lounge in A squared. Murmur Reckoning Hitler, Democracy, and China Volatility Return!! Party on Wayne!! Three One Percent |
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| Can't Touch this!! |
| Published: July 27, 2007, 4:10 pm |
| Tags: Futures, Fib Projections, Charts, Stocks, Trading, Technical Analysis, Lifestyle |
| Hammertime ,as the PPT couldn’t save the markets today. The Spoos are now down 100 pts from their “breakout” highs, Paisani must love them here since he loved em at 1568 and now 1463, puking em out and the 200 dma is looming large for the SPX @ 1448. This sell off will get a lot of air over the media all weekend. Some more fear |
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| Good to Go Pile . . . |
| Published: July 27, 2007, 1:30 pm |
| Tags: Charts, Forex, Futures, Stocks, Psychology, Lifestyle, Trading, Technical Analysis, Music |
| The Chinese Pyramid of Jerks Countrywide CEO Cashed In $4 Million Per Week In Stock For The Past 30 Weeks! High Yield Spreads: Still Rising Cause and Effect Risk management and high conviction investing Comparing Presidents, The National Debt 1986 Russell 1,000 Stocks with the Lowest PEG Ratios The Credit Window is Now Closed Former narc teaches |
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| Friday Mid Day |
| Published: July 27, 2007, 1:02 pm |
| Tags: Forex, Futures, Charts, Stocks, Trading, Technical Analysis, Lifestyle |
| We have a couple quick trades this am. GS on long side made us about 3 pts today. We also took 46 pts early on our YM trading, futures are offering great trading opportunities and we look forward to you joining our growing advisory trading room. |
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| Mid Day End of the Month Summer day |
| Published: July 31, 2007, 12:49 pm |
| Tags: Futures, Fib Projections, Forex, Charts, Technical Analysis, Psychology, Trading |
| Pretty slow out there, the markets opened up, sold off hard, retraced the sell off up and the volatility has been nice, but we have not been in the best flows today. We have made money in the futures, but nothing spectacular, just grinding it out there today. We will trade very small again today as the moves seem tight and not worth much at this |
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| Good to Go Pile . . . |
| Published: July 31, 2007, 3:50 pm |
| Tags: Charts, Forex, Futures, Stocks, Psychology, Technical Analysis, Real Estate, Trading |
| Sector Spotlight Jim Cramer Says Plow Over the Inland Empire We Have Too Many Homes Hedgefund loses %50 in June and July, Sowood Hedge Fund Manager John Devaney Puts Assets Up For Sale Amid Tough Times. Pascal’s Wager American Home Mortgage Halts Trading Pending News: Market Cap Down $221+ Million Over the Weekend. SoCal Still in |
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| Longs Smack Down |
| Published: July 31, 2007, 4:22 pm |
| Tags: Futures, Fib Projections, Forex, Charts, Technical Analysis, Stocks, Trading |
| Today the the dip buyers were smacked down right off the open and continued all day. We were held guilty in that camp on the YM futures mid day and took some small losses in the YM m arket today. WE went home short EURUSD and our stops will keep us profitable in the trade. We took out new lows across the bow on the lows, which usually leads to |
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| EURUSD |
| Published: August 1, 2007, 12:47 am |
| Tags: Futures, Fib Projections, Forex, Charts, Technical Analysis, Trading |
| We have covered half our EUR/USD short from 1.3706 earlier today, here @ 1.3652 for a cool 54 pips. We have moved the stops down to 1.3685 on the 2nd half and will look for 1.36 area to cover remaining half. A very nice trade indeed as the markets are getting crushed in the night session all over. Should be an exciting open as the SPX will be |
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| Data Feed |
| Published: August 1, 2007, 8:40 am |
| Tags: Forex, Futures, Fib Projections, Charts, Stocks, Options, Technical Analysis, Psychology, Trading |
| After Hours Summary: TTMI down 17.2% on earnings/guidance; IOMI up 18.8% (to announce positive results from Phase 2 field trial) Companies moving in after hours trading in reaction to earnings: Trading Up: EHTH +12.1%; GIGA +11.8%; TUP +9.8%; NVT +9.0%; WFMI +8.7%; CSCX +8.3%; HTCO +8.1%; MPWR +7.1%; DENN +6.3%; ACTI +5.4%; CMG +5.3%; WBMD +4.8%; |
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