COMMENTARY
Seeking Alpha Article (PCLN: Another Leader Ready to Tumble)
http://seekingalpha.com/article/211963-priceline-com-another-leader-ready-to-tumble
Low Volume Continues as the Market Closes Just off the Lows of the Day
After Friday's Russell re-balance the market took a breathier as stocks ended the day just their lows. Early in the day a disappointing Dallas Federal Reserve Manufacturing activity index dropped four percent, but reaction was mute as the market ignored the...
Top Current Holdings
Stock symbol - % return since purchase - date of purchase Longs: LCUT 153% 11/2/09 UPI 53% 4/26/10 AKRX 16% 5/25/10 CTHR 10% 6/2/10 Currently long 9 stocks, after Monday's opening bell Shorts: THO 18% 5/20/10 EXPE 14% 5/7/10 NOV 13% 5/11/10 KSS 8% 5/13/10 SFD 7%...
Financial Regulation Hangs Over the Market
Third Straight Distribution Day for the S&P 500 as Volume Remains Below Average CASH IS KING Today's market was a mix of selling and lack of bids forcing stock prices lower. A self-imposed deadline for Washington, DC's financial reform held back institutions from...
Federal Reserve Fails to Inspire a Rally but Stocks Finish Off the Lows
While the Federal Reserve Open Market Committee's statement dominate the afternoon headlines the drop in New Home Sales grabbed the morning headlines. Most economists were looking for a drop of 18.7%, but when the number released the percentage drop was 33%. Without...
Another Reversal Ahead of the Federal Reserve as Volume Ends Mixed
Back to back reversals has left the market in the balance as the market tries to work off its recent move from June 8th. Volume was higher on the NYSE, but remained well below average. Like the NYSE, the NASDAQ had much lower volume than the 50dma, but it finished...
An Ugly Reversal Leaves a Large Blemish on the Current Uptrend
Buyers took to the market with optimism as news about the Yuan floating pushed prices at the open. However, the highs set at the open wouldn't be seen for the remainder of the day as sellers remained in control. Volume was lower throughout the day, but comparing to...
New Seeking Alpha Article (DGIT: This Digital Media Powerhouse Is Advertising Strong Growth)
http://seekingalpha.com/article/211024-this-digital-media-powerhouse-is-advertising-strong-growth
Top Current Holdings And Total Returns Since Purchase
Ticker symbol - % return since purchase - date of purchase LONGS (currently long 7 stocks): LCUT 151% 11/2/09 UPI 88% 4/26/10 CTHR 21% 6/2/10 SHORTS (currently short 8 stocks): THO 15% 5/20/10 EXPE 7% 5/7/10 NOV 7% 5/11/10
Stocks Get a Late Day Boost as Volume Continues to be Light
Another light volume affair in the market once again as a late day rally sends the major indexes into the green. A weaker than expected Philly Fed index sent stocks to their lows of the session. Volume was actually on the decline as stocks moved towards the low of...
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