• Markets remain slightly in the red still – looks like a fill-able gap with no news. So I’ll probably use SPY to fill the gap at the markets open if it is still there. LONG: Ford Motor (F)

    By |Published On: July 26, 2010|0 min read|
  • Futures still doing pretty much the same – floating moderately higher. Today is still a very key day in the market, to determine whether the bulls can push through the April trend line and beyond 1099 on the S&P or whether the bears will once again reject their latest efforts at pushing this market higher.

    By |Published On: July 23, 2010|0 min read|
  • Jobs Report hasn’t moved the markets all that much despite seeing a rise in new claims. This is going to be one interesting day for sure. By the way – I’ve posted a chart of PBTH – but be careful with this one – I’m not going to trade this(doesn’t fit my particular strategy), but

    By |Published On: July 22, 2010|1 min read|
  • Futures are trying to once again stick it to us bears. This keeps up through early trading, I’ll begin looking to hedge the portfolio. I might be a bear right now, but if that theory is bound to sink, I sure as heck am not going down with it. Not that I believe that the

    By |Published On: July 21, 2010|1 min read|
  • Since the trading plan was posted, the S&P continues to tinker with about 1% in losses. Goldman Sachs (GS), along with IBM (IBM) and Texas Instruments (TXN) continues to weigh the market down. As I am writing this, I just got stopped out of SCHN on a stinkin’ upgrade from UBS. I could

    By |Published On: July 20, 2010|0 min read|
  • Since the market opened, the bulls are definitely trying to catch the bears off-guard by pushing this market up and do as much as possible to recover from Friday’s losses. So far the effort isn’t overy impressive, so there are no worries, as of yet, on my end, that we may see a major rally

    By |Published On: July 19, 2010|0 min read|
  • Since I’ve posted today’s trading plan, the futures remain largely unchanged, with a slight negative bias heading into the open. CPI did little to change the market, but at 9:55am we have the Consumer Sentiment report. Here’s the Daily Long and Short Setup… LONG: American Medical Systems Holdings (AMMD)

    By |Published On: July 16, 2010|0 min read|
  • The not-so-good PPI report has put a bearish stamp on this market heading to the open. Though we are up still at this point, much of the gains from the pre-market has been wiped out. LONG: Exterran Holding (EXH)  

    By |Published On: July 15, 2010|0 min read|
  • Markets continue to sell-off of their highs from last night, and retail has just come out with numbers below estimates (-0.5% versus consensus of -0.2%), which actually gave the market a small boost. Today should be quite interesting! LONG: Heartware International (HTWR)

    By |Published On: July 14, 2010|0 min read|
  • Market has opened up pretty strong – today is very critical to both the interests of the bulls and bears as the bulls try to keep a good thing going and the bears try to reverse their course. LONG: Accuray (ARAY)

    By |Published On: July 13, 2010|0 min read|