Archive for February, 2009
Wednesday, February 18th, 2009
Even though the past week or two has been pretty boring, perhaps a few charts will lighten up your spirits.
As most know by now, the big news after hours was Hewlett Packard's quarterly miss of earnings and lowering of their forward guidance. Consequently, shares are getting absolutely hammered after hours ...
Posted in Short Term Plays | 1 Comment »
Wednesday, February 18th, 2009
This picture basically sums up the last few trading days. A post is to come later.
Posted in Ramblings | 1 Comment »
Wednesday, February 18th, 2009
We are sitting at a pivotal crossroad on the technical side. The S&P is currently sitting at a retracement level, but we are edging closer and closer to the 2008 lows. a break of this should put the world waterfall into context.
Financials got absolutel torn up today. The XLF along ...
Posted in Ramblings | No Comments »
Tuesday, February 17th, 2009
Today is an ugly day overall as the only thing holding up is gold. A down day for equities and an up day for gold is a big no no for the bulls.
Posted in Ramblings | 1 Comment »
Tuesday, February 17th, 2009
The nation's automakers are looking weaker by the day. S&P futures are sitting at 806 at this hour.
Take care
-JMoon
Posted in Ramblings | No Comments »
Saturday, February 14th, 2009
Happy Valentines day folks. There are a few of the skills competitions on tonight, but the one that caps it off is the slam dunk competition. I Hope you guys will be tuned in.
Posted in Interesting Finds | No Comments »
Friday, February 13th, 2009
As the indices showed, today was a bit boring until an hour and a half or so before the close. I know traders and investors have probably been a bit uneasy lately considering the Obama administration's bailout proposals, etc. However, today's late dip followed by an impressive rally is certainly ...
Posted in Ramblings | No Comments »
Thursday, February 12th, 2009
Here are a few long ideas to nibble on:
Procter & Gamble (PG)
Burlington Northern (BNI)
JP Morgan (JPM)
Posted in Short Term Plays | No Comments »
Thursday, February 12th, 2009
Yet another boring day folks. The only real positive I can see so far is the beating that the education sector is experiencing. I closed out my ITT Technical insititute (ESI) puts today as Strayer Education (STRA), reported in-line expectations on their Q4 earnings that did not cheer the street. ...
Posted in Ramblings | 1 Comment »
Wednesday, February 11th, 2009
Bailout round two has passed. This is another piece of news that we can finally get behind us, so we can focus on more important things. I am still waiting in the weeks for that golden shorting opportunity of a lifetime. When that happens....well....only time will tell.
As far as trading ...
Posted in Ramblings | 3 Comments »