•   The Bank of Canada’s Governor, Mark Carney, delivered a speech today entitled “Growth in the Age of Deleveraging”…here’s an excerpt:”These are trying times.In our largest trading partner, households are undergoing a long process of balance-sheet repair. Partly as a consequence, American demand for Canadian exports is $30 billion lower than normal.In Europe, a renewed

    By |Published On: December 12, 2011|4 min read|
  • Bank of America (BAC),  like Netflix (NFLX), has been one of the year’s most talked about stocks. Before 2008, it would have been hard to believe we’d have a market that put BAC in $5 territory (or $2.50 back in 2009), but such has been the case of late.  You have tons of rumors

    By |Published On: December 2, 2011|2 min read|
  • Assuming the strength we are seeing in the market this morning can hold, here are 7 trade setups to add to your watch-list today. Should this market continue to march higher today, the trade setups shown below should benefit from the rally quite a bit. But as always, and even more so with the

    By |Published On: August 29, 2011|1 min read|
  • The pop in equities across the board was, to say the least, short-lived, as the market quickly gave up its gains and went into negative territory. Most of this is do to mini-flash crash in the German markets. We have broken some support on the daily charts with the S&P breaking its trend-line from the

    By |Published On: August 25, 2011|1 min read|
  • LONG: Warnaco Group (WRC)  

    By |Published On: December 15, 2010|0 min read|
  • The market is rallying hard, and is aiming to close in the green. Unbelievable when you think where we were at this morning. It definitely makes the charts much more difficult to read in terms of gauging direction for the broader markets. Nonetheless, 1173 held on on the S&P, and price remains stuck within the

    By |Published On: November 29, 2010|0 min read|
  • Bernanke’s words before Congress made him seem like the most level headed person in Washington. He warded off the notion that the feds would step in and nationalize the Citigroup (C) or Bank of America (BAC). He also gave some optimism at the prospect of a turnaround in the economy by year end.

    By |Published On: February 24, 2009|1 min read|
  • Another round of fear has hit the markets, with worries now that the Dow is hitting fresh lows (we could honestly careless about this index as it is price weighted). The indices of great importance though is the S&P 500 and NASDAQ. The NASDAQ is hanging strong – as it has not seen near the

    By |Published On: February 23, 2009|2 min read|