Microsoft (MSFT)

It’s time for the weekly momentum gainers that you need to be keeping a close eye on. In particular, I would watch Microsoft (MSFT) which is putting in a nice double-bottom, and at current prices makes for an appealing trade with the opportunity to see it move as high as $28.00. I also like

Current Long Positions (stop-losses in parentheses): QID (10.49), GLD (128.65), SDS (22.29) Current Short Positions (stop-losses in parentheses): PII (75.36), T (28.74) BIAS: 21% Short (counting QID and SDS as shorts) Economic Reports Due Out (Times are EST): None My Observations and What to Expect: Futures are flat to slightly negative heading into

Current Long Positions (stop-losses in parentheses): TICC (9.62), BRKR (13.92), CVX (80.67), DAL (11.12), ELY (6.78), ITW (46.40), SSO (38.70), QQQQ (48.19), FRG (6.99), URS (37.12), TIE (19.52), BEAV (29.54) Current Short Positions (stop-losses in parentheses): None BIAS: 76% Long Economic Reports Due Out (Times are EST): Jobless Claims (8:30am), EIA Natural Gas

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

As I said yesterday, today will no doubt be pretty crazy in regards to the number of variables out there influencing the market’s direction today. Not the least, you have the affects of yesterday’s FOMC Statement being further digested – in fact I have seen it at times, where the following day of its release, do a

The mood is is much better than yesterday heading into the open, as futures are somewhat mixed with the Dow down 2 points, the Nasdaq at break-even and the S&P up 0.5. We have a few reports coming out today, but nothing major with the MBA Purchase Applications at 7am ET, followed by the Beige

Markets are looking pretty sluggish out there today. Overnight we saw pretty significant declines from the Asian markets with losses ranging between 1.4% and 1.8%. The European markets aren’t fairing much better down about 1.2%. Currently US futures sees the Dow down 52 points, while the NASDAQ and S&P are each down 5.75 and 6.5 points respectively. We

Microsoft (MSFT) and Amazon (AMZN) brings tidings of great joy this morning for bulls after announcing solid and above expectations earnings reports. Each are trading over 10% in the pre-market with Amazon staring down at gains of over 17%. For the tech companies, this has not been a disappointing earnings season at all.

Two weeks in a row with nothing but strong bullish advances – the question becomes whether it can continue this week. So far, the market has responded well to earnings season. Next week there will be more reports, and when yourself in the midst of earnings anything goes. One thing I was surprised to see

I have to admit that this has to be one of the most impressive climbs that I have ever seen out of the market in such a short period of time – in fact it defies logic, honestly. Nonetheless, it is important to remember that bearish news is largely ignored during a bull market and