• Today is shaping up to be another positive day for the bulls on news that Bank of America (BAC) will be repaying the $45 billion they borrowed in government bailout money – shouldn’t be a surprise in my opinion though, because who the heck wants Uncle Sam breathing down your next for the rest of

    By |Published On: December 3, 2009|1 min read|
  • Mr. Market must be checking his list twice, because the market is unwilling to make a decisive move in any direction. Today I thought we might actually see a strong upward move, but any momentum that seemed to be there, quickly evaporated. Personally, I did quite alright. My position in Apple (AAPL) continues to

    By |Published On: December 2, 2009|1 min read|
  • After a strong performance by the bulls yesterday, the market is flat-lining a bit as US Futures have shown little movement in either direction. Overnight, Asian markets saw slight improvements with average gains of about 0.7%, while the European markets, like the US Futures, flat-lined. Keep on the lookout for Timmy Geithner today, when he

    By |Published On: December 2, 2009|1 min read|
  • Happy December to you all! We have Christmas just around the corner, along with a myriad of other holidays too, not to mention a new year coming up. I can’t help at this point to but trade with one eye on Christmas and the time that I will get to spend with family and friends.

    By |Published On: December 1, 2009|1 min read|
  • Last day of trading for the month of November – hopefully some you aren’t still stuck in the Thanksgiving traffic and are back in the safety and comfort of your trading desk. Typically, with the last day of the trading month, the big-boys like to do some window-dressing which tends to push stocks higher. However,

    By |Published On: November 30, 2009|1 min read|
  • Alright folks! We got T-Minus 1 Day until we get to sink our teeth into some turkey, mash potatoes and all those other good fixins’, but until then we have to put our minds towards getting through one more market session. Overnight, Asian markets were in positive territory to the tune of about a half

    By |Published On: November 25, 2009|1 min read|
  • It’s pretty quiet out there this morning, traders, one-by-one, are tapering off to get an early start to the Thanksgiving holiday coming up here. Overnight though, China saw some pretty significant selling take place, with losses in the range of 1% and more due to the Chinese government cautioning the banks to take on better

    By |Published On: November 24, 2009|1 min read|
  • Happy Turkey Week to you you all! Like most of you, I can’t wait for Thursday to roll around so that I can stuff my face with turkey, mash potatoes, and momma’s apple pie. There is no doubt a lot to be thankful for, and I plan on taking some time to reflect on that this week

    By |Published On: November 23, 2009|2 min read|
  • Another weak opening for the market with futures struggling similar to  yesterday’s pre-market action. Right now the Dow Futures is down 68 points, Nasdaq down 11, and S&P down 8. Overnight Asian markets were mixed but on average down about 0.4%, and European markets are trading down about 1% currently. No economic reports to watch

    By |Published On: November 20, 2009|1 min read|
  • Like yesterday the market is showing some pre-market weakness heading into the open. However, it’s all a mute point until we get the Jobless Claims at 8:30, then we’ll get a better idea for where this market is heading. Asian markets are trading in a mixed fashion, but with averages about 1% in the red.

    By |Published On: November 19, 2009|1 min read|