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Powerful Early Rally Gets Smacked Down Hard In The Final Hour, As Stock Indexes Reversed Hard On Lower Volume; Calling A Bottom Here Proves To The Real Professionals Who The Amateurs Really Are

I am not sure if that last part, after the semi-colon makes any sense, but I am trying to figure out after today’s weak close why I didn’t get any emails for people apologizing for the possible money I might have lost today had I listened to them. I was told I was an idiot [...]

New Longs and Shorts for March 12th

New Longs:  SD SDA VLNC MASB New Shorts:  none

Incredible Fed-Induced Rally Ends With Stock Indexes Closing At The HOD On Higher Volume; Remember, The Most Powerful Rallies Always Come In Bear Markets

There is no other way to describe today as rally other than “incredible.” But even though we can say today’s rally was incredible, is anyone surprised, after telling you that the market was extremely oversold and we could get a bounce as the put/call is at 1.41 which is extremely high? You really can’t say [...]

New Longs and Shorts for March 11th

New Longs:  CMD New Shorts:  LMT PKX FCX EMN LUK

Stocks Breakdown Through The Recent Trading Range, Making For One Ugly Day; The Very Evil Eliot Spitzer Gets What All Hypocrits Deserve!

Today was a very odd day on so many levels, that I am having trouble starting. But I will start with what I feel in my heart is the only thing that I think I can say here that really sums everything up in a nice sentence. I told you so! The market sold off [...]

New Longs and Shorts for March 10th

New Longs:  BRKR New Shorts:  FSLR MON BLK CCI FISV

Stocks Selloff On Higher Volume, Helping Send Some Indexes To New 52-Week Closing Lows

Stocks sold off yet again but this time it did so on higher volume which is helping make my point that selling can start off slowly and pickup as it sells off. If you look at the downtrend since last February, you can see that this is the case now as it has been in [...]

New Longs and Shorts for March 7th

New Longs:  FEED EGO New Shorts:  BNS ANF RGA XOM ISRG RIMM

When A Market Acts Like This After Giving You A Few Nice Longs It Is Very Bearish; Stocks Selloff On Lighter Volume, Sending Some Indexes To New Closing 52-Week Lows

There is almost no other way to spin this day other than extremely bearish. From the morning to the close, the market sold off all day, with the only bit of consolation coming in the form of lower volume. However, the ferocity of the selling with absolutely no bounce, coming after quite a few recent [...]

Another Wild Intraday Session Ends With Stocks Higher On Lower Volume; Some Very Nice Charts Are Starting To Be Created

It was another insane day for market participants as the market started off on an impressive note. But, just like the past umpteen amount of days, stocks then sold right off erasing all of the gains, and then spent the final two hours really doing nothing. But that is our market recently and the one [...]

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