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“Endurance is one of the most difficult disciplines, but it is to the one who endures that the final victory comes.” — Buddha The markets have taken a nasty turn down intra-morning here. That said, it’s Friday….and I’ve heard more than one trader ponder outloud to me
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There was a speech by some leader of the supposed “Free World” last night? Ah, yes. The Republican/Democrat Regime’s current puppet leader came out with a $500 billion corporate welfare program to further boost the biggest companies’ earnings last night. Corporate profits as a percentage of GDP were
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It’s a flattish opening, but we’ve got some more fireworks going off already this morning. Sandisk is up another 4% to start the day…what a ride we’ve had in that one in the last week: That is a five day chart that looks more like a
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Mmm, Wide awake and he shakes in a panic. Never woke up alone ever before. Had his woman long as he can remember. Tries to forget but he can’t, he can’t. Out of bed and he dreams in the shower. She’s standing naked and apologizing. Reaches for
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Markets are rallying big time today, and they’re now back above where they were even before the big trashed open we returned from Labor Day weekend: Aren’t you glad you didn’t panic at that open like so many others did? I’ve not pulled any trading triggers
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There is going to be an veritable barrage of new tablets hitting the markets this winter and into next year. The incredible shrinking price of the recently released-dropped-then-brought-back-at-least-temporarily TouchPad from the geniuses running Hewlett-Packard HPQ +0.97% has opened a lot of
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The markets have continued to steadily move higher in the intraday action. Indeed, take a look at the Nasdaq’s action so far today: I’m stepping up and buying a little bit more Cypress common stock. There is going to be an veritable barrage of new tablets hitting the
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The markets and most stocks are down. But they’ve bounced from their morning lows and aren’t panicked any more. Still more than half the trading day left though, and I’d imagine we’ll have some more intraday swings and volatility before the fat lady sings…er, the
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A cold chill of fear cut through me, I felt my heart contract To my mind I brought the image of light, And I expanded out of it My fear was just a shadow, And then I voice spoke in my head And she said dark is not the opposite
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Here’s a list of my positions, both longs and shorts in approximate size from biggest to smallest: Longs – * Google * Sandisk * Apple * Riverbed * Cisco * Marvell * Nuance * Microsoft * Cypress * Autodesk * DBA * Ciena * Corning * Visteon * Adtran Shorts – * LPS * Wells Fargo * Cablevision * Live Nation * SLV Thanks for subscribing and reading. And if you
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The biggest question heading into the long weekend is whether the markets will break the -3% threshold before the close. Then again we might actually get some buying/short covering into the close. Whatever happens in the next 3060 seconds (51 minutes), it’s not going to make or break
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The broader markets are down nearly 2% across the board, but the bigger technical story is really the breadth — more than 5 negative stocks for every 1 positive stock today. The selling is broad, in other words. And the main catalyst today is the jobs number: More green lines above
