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
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
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
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 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 IÂ 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
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:
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
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
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
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