Goldman Sachs (GS)

This morning you definitely have a different tone than you have had over the course of the past couple of weeks, with the Fed announcing a that they are raising the overnight lending rate for banks a quarter percent. While the markets are noticeably down this morning, I not going to put it past the

Now that the market has finally had the chance to rally some, work off the oversold conditions (I feel like a broken record saying this) I’ll be putting on some new short positions come tomorrow morning. I’ve heard already some chatter from folks getting more optimistic each day, which even more so, emboldens the contrarian

Last month I provided you with my Top 20 Short Setups, this time around, I am giving you my Top 30! There are a ton of excellent short setups out there and below are the ones I believe are the best of the best. The market is no doubt oversold right now, so I’d recommend keeping

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

Things have no doubt turned drastically bearish in the past week. Whether the sentiment remains is anyone’s guess. However, it doesn’t hurt to begin preparing for what could be a major correction. I mean let’s face it, it is not like we are in the best of economic environments right now, so there is no

Here's an article that I wrote for the Slope of Hope today as a guest blogger. Great website if you haven't yet checked it out! Today I want to provide y'all with a couple of trade setups that I thought depending on your trading strategy and market bias, could fit nicely into your portfolio. The

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

Meredith Whitney has some guts let me tell you. On the day that JP Morgan (JPM) reports postive earnings, and on the eve Goldman Sachs (GS) reports their, she comes out and DOWNGRADES the stock from BUY to NEUTRAL. As you all have probalby learned by now, I despise GS and the manipulative

The first day back from Easter Weekend, and the market seemed at best – apathetic. The theme permeating the market of late is that when the market is selling off, use it as an opportunity to buy on the dip. This is very similar to the action that we saw in 2006 and much of

July 16, 2008 From the very start, with Wells Fargo posting a solid earnings report, and oil slumping – the two areas that have driven the markets to two-year lows, made it near certainty we would get a huge day from the markets. However, despite today’s solid gains, we still to tread carefully. Mr. Market