With the choppiness that we have seen of late in this market, it is somewhat difficult to pocket any significant amount of gains in any one stock, unless you are playing earnings (which is a roll of the dice at best). Overall though, this week’s performance review has turned out quite nice. Though you will
Futures are still looking at an open to the downside of about a half percent or so and will be interesting to see whether the bears can drive this market down below its 10-day moving average, which has done a good job of providing considerable support in recent past. On the short position below, be
Futures continue to gain traction to the downside. Both of the picks listed below have earnings reports this week, so either use these stocks for a quick 1-2 day play, or wait till after earnings to get into them. LONG: American Axle & Manufacturing (AXL) Â
Futures have given back some of its gains, and leaving the bears with a chance at reversing its early morning misfortunes. However, the bulls are still in control of this market heading into the open. On the short pick below, be advised that ENI reports earnings on Wednesday which could drastically help/hurt this particular short
Futures are continuing to improve heading into the open. Amazon.com (AMZN) has bounced incredibly well as it could now potentially open with a profit in hand. LONG: SPDR Gold Trust (GLD) Â
Jobless Claims are out, and they managed to come in at 452k versus expectations of 455k. So far the market’s reaction is mixed on the report, but futures overall are holding onto to its gains heading into the open. LONG: Questcor Pharmaceuticals (QCOR) Â
After two stellar weeks of stock picks, I finally have some not-so-great results on the daily trade setups. A number of them were stopped out early on due to some significant whipsaw action we saw in the market. However almost everyone of them had a profit opportunity to them, its just that we have had
Futures continue to trade in negative territory, and as it stands right now, I have my portfolio in capital preservation mode. Not sure how the days is going to play out. LONG: Shanda Interactive Games (SNDA) Â
Futures, after a rough overnight session, are slowly but surely making their way back into positive territory. Once again, what was a promising start for the bears, has been nearly wiped away again. Citigroup (C) reported solid earnings, and there are a few mergers and acquisitions out there this morning. But ultimately, all eyes
Futures are pretty much right where they have been the entire morning. Uncle Bennie is right around the corner, and then you have a slew of economic reports coming out at 8:30. The Fed has built a monster with Wall Street that demands nothing less than QE2 – I don’t think he has any desire