Archive for October, 2008
Saturday, October 25th, 2008
Texas wins
Thanks for reading
-Justin Moon, Senior writer for Marketchasers.com
Posted in Ramblings | 1 Comment »
Saturday, October 25th, 2008
Here are a few others playing book value, not all of which are classified under my big three trading opportunities of a lifetime (energy,financial, commodities):
-Duke Energy (DUK): trading about a dollar below book value and paying a 5.83% dividend rate.
-U.S Steel (X): Trading a little more than 12 dollars below ...
Posted in Long Term Plays | No Comments »
Friday, October 24th, 2008
For this article, I will be writing about long term investing. I will be reiterating everything I say in this weeks podcast. I apologize to our listeners that I did not make a podcast this past week but I was very, very busy. Please take some time to thoroughly read ...
Posted in Long Term Plays | 3 Comments »
Friday, October 24th, 2008
I have an interesting day trading opportunity for our fellow chasers. This is a 5 minute intraday candle chart of the dow jones industrial average with the white line representing the 50 day moving average. You can play the moving average line using (DXD) which is the Dow jones ultrashort ...
Posted in Short Term Plays | 1 Comment »
Thursday, October 23rd, 2008
Many have been wondering what the best market strategy is during this time. This is my personal take on what should be done:
1) Keep the majority of your account in cash. I am currently about 70% cash. Why? Volatility. This is a traders market, not an investors market. Did any ...
Posted in Ramblings, Short Term Plays | 4 Comments »
Tuesday, October 21st, 2008
I am going to have to give credit to one of our fellow chasers, John, for this chart. The company is EMC Corp. (EMC). I am debating whether or not to dip my toe into this company or no. This company is flying right now after hours. MACD appears to ...
Posted in Short Term Plays | 2 Comments »
Monday, October 20th, 2008
Here are some potential plays for tomorrow:
American Express (AXP): This one pisses me off because I got gunshy and did not purchase this a few days ago. Clean trendlines across the map on this thing with a support line set at $20.42. I will have to wait until the price ...
Posted in Short Term Plays | 5 Comments »
Monday, October 20th, 2008
I took a bit of a risky move today by not moving any of my long equities. With the large move the market had today paring with microscopic volume, we might see a lower open tomorrow. I will begin to move equities tomorrow if there is another 200 point move ...
Posted in Ramblings | No Comments »
Sunday, October 19th, 2008
Here are some plays for Monday:
Carmax (KMX)
Abobe Systems (ADBE)
Oracle (ORCL)
-Justin Moon, Senior writer for Marketchasers.com
Posted in Short Term Plays | No Comments »
Saturday, October 18th, 2008
Strap on your seat belts, this week is probably the grand daddy of all earnings for the 4th quarter. There is a flurry of fortune 500 companies reporting. Here are the earnings reports you need to be watching this week:
Monday: American Express (AXP), Halliburton (HAL)
Tuesday: Apple (AAPL), Freeport McMoran (FCX), ...
Posted in Ramblings | No Comments »