• Current Long Positions (stop-losses in parentheses): TICC (10.28), NFLX (165.00), MCD (76.92), QID (11.92) Current Short Positions (stop-losses in parentheses): SBUX (31.37) BIAS: 7% Long (-10% short considering the leverage in QID) Economic Reports Due Out (Times are EST): ICSC-Goldman Store Sales (7:45am), Redbook (8:55am), Wholesale Trade (10am) My Observations and What to

    By |Published On: November 9, 2010|2 min read|
  • Current Long Positions (stop-losses in parentheses): TICC (10.21), NFLX (165.00), MCD (76.92), QID (11.92) Current Short Positions (stop-losses in parentheses): SBUX (31.37) BIAS: 4% Short (-20% short considering the leverage in QID) Economic Reports Due Out (Times are EST): None My Observations and What to Expect: Futures are showing some weakness Asian markets

    By |Published On: November 8, 2010|2 min read|
  • Current Long Positions (stop-losses in parentheses): TICC (9.97), SNDK (36.59), AMZN (161.90), JACK (23.16), GHL (75.95), NFLX (165.00), MCD (76.92), QID (11.92) Current Short Positions (stop-losses in parentheses): None BIAS: 6% Long (-10% short considering the leverage in QID) Economic Reports Due Out (Times are EST): Employment Situation (8:30am), Pending Home Sales Index

    By |Published On: November 5, 2010|2 min read|
  • Current Long Positions (stop-losses in parentheses): TICC (9.62), GLD (130.99), SSO (42.57), SNDK (36.59), AMZN (161.90), JACK (23.16), GHL (75.95), NFLX (165.00) Current Short Positions (stop-losses in parentheses): None BIAS: 53% Long Economic Reports Due Out (Times are EST): Monster Employment Index (6am), Jobless Claims (8:30am), Productivity and Costs (8:30am), EIA Natural Gas

    By |Published On: November 4, 2010|1 min read|
  • By far one of my best screens in determining who is buying what on the street! What you will find are those stocks that, among other variables that I use, 1) Gaining an increased amount of coverage by brokerage firms and analysts, and 2) Being upgraded on a regular basis. This is a good screen to

    By |Published On: November 3, 2010|1 min read|
  • Current Long Positions (stop-losses in parentheses): TICC (9.62), DTV (42.20), EOG (97.52), ESRX (46.42), AAPL (305.59), SHLD (72.95) Current Short Positions (stop-losses in parentheses): SDS  (29.31) BIAS: 61% Long Economic Reports Due Out (Times are EST): Jobless Claims (8:30am), Leading Indicators (10am), Philadelphia Fed Survey (10am), EIA Natural Gas Report (10:30am),  My Observations and What to Expect:

    By |Published On: October 21, 2010|2 min read|
  • The big players in after hours earnings reports – Ebay (EBAY) and Netflix (NFLX) – were received very favorably, and has helped push the futures into positive territory in after hours trading. I’ve provided for you below a chart on the S&P 500, looking at the intraday movement from the past 10 days

    By |Published On: October 20, 2010|1 min read|
  • 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

    By |Published On: October 7, 2010|2 min read|
  • I am not overly surprised at today’s market action. At one point I was down about 1/2 percent, but managed to recover and finish slightly in the positive on the day, and when I say slightly, I’m talking by a razor-thin margin. One disturbing situation though was the heavy selling in the Nasdaq, which

    By |Published On: October 6, 2010|2 min read|
  • The market, for the first time this month has seen a fair amount of selling as it fell back below the 1130 breakout level on the S&P. The question on the minds of the bulls is whether this is something to be concerned about or to use as an opportunity for buying stocks on the

    By |Published On: September 23, 2010|2 min read|