• Current Long Positions (stop-losses in parentheses): None Current Short Positions (stop-losses in parentheses): ESV (42.84), MR (32.80), WTFC (37.71), SLAB (44.80), CERN (83.56), ALB (43.59), HIBB (26.65), LYV (11.95), WRC (40.95) BIAS: 93% Short Economic Reports Due Out (Times are EST): Consumer Price Index (8:30am), Treasury International Capital (9am), Consumer Sentiment (9:55am) My Observations and

    By |Published On: July 16, 2010|1 min read|
  • Current Long Positions (stop-losses in parentheses): None Current Short Positions (stop-losses in parentheses): ESV (42.84), MR (33.39), WTFC (37.71), SLAB (44.80), CERN (83.56), ALB (43.59), HIBB (26.65), LYV (11.95), WRC (40.95) BIAS: 103% Short Economic Reports Due Out (Times are EST): Producer Price Index (8:30am), Empire State Manufacturing Survey (8:30am), Jobless Claims (8:30am), Industrial Production

    By |Published On: July 15, 2010|1 min read|
  • Recently I have tried to provide readers on the weekend with the most interesting article from the past week. The article below comes from MarketFolly.com. It details the most popular stocks among hedge fund's top-ten holdings. Perhaps you may be able to find a trading idea or two as a result. Given our focus on

    By |Published On: March 13, 2010|3 min read|
  • What???? We are rallying hard on news of Greece getting bailed out by Germany? The fate of the United States and direction of this market all hinges on Greece??? Are you Serious???? OF COURSE NOT!!! Why the market felt it was so necessary to rally on this piece of news is beyond me. And if

    By |Published On: February 9, 2010|2 min read|
  • Two days in a row now the market has moved upward but can it hold? To read more on that, check out the article I posted last night on my trading strategy going forward. Unless things drastically change, I am pretty confident about my approach. For today, it should be much more quiet than it has in

    By |Published On: February 3, 2010|2 min read|
  • One of the dumbest things that a trader can do is try to predict earnings, economic reports, or the Fed. It is total lunacy! Honestly, it is that home-run, “Make-Me-Rich”, something-for-nothing, greedy-for-gain, lazy attitude that causes so many to try to play this nonsensical game. One of the biggest temptations is for the clock to

    By |Published On: January 26, 2010|5 min read|
  • After a day of pretty hefty gains and months of racing back to the 10k mark on the DOW, the market may be looking to cool down some. Futures are currently trading flat with the Dow up 2 points, the NASDAQ down 1.5 and the S&P unchanged. Overnight Asian markets responded well to the US

    By |Published On: October 15, 2009|1 min read|
  • Objective: The stocks listed below are considered to be overvalued mid and large-cap companies that are under heavy selling pressure. They have recently experienced a technical break down, which looks to result in a possible downward move. To say the least, these stocks at one time roamed much greener pastures. Ideal Market Conditions: Beginning of

    By |Published On: October 4, 2009|10 min read|
  • Objective: Stocks that have established trends in place, and also have the technical and fundamental requirements to support its current trend. The companies listed below are mid and large-cap stocks. Ideal Market Conditions: Best types of markets are bull markets or markets trading sideways. Depending on the strength of the trend, certain stocks may be

    By |Published On: October 4, 2009|11 min read|
  • Objective: Large-Cap companies that are cheap in valuation compared to their earnings. The companies listed below have been providing shareholders with dependable earnings growth, and a solid track record of achievement. These stocks are historically less volatile, and while you are unlikely to double your money in these companies in the short term, they should

    By |Published On: October 4, 2009|1 min read|