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For the last few months, I’ve not minced words as I’ve repeatedly flagged Lender Processing Services as one of the clearest scapegoats of the cloudy-title/robo-signing/foreclosure-gate debacle, calling over and over “The Best Short in the Market“. I’ve called the stunning lack of simply following standard
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Last week in one of my columns, I called the 12k level on the DJIA a “pivot level” and that pivot level remains in play again today as we drop back below it in the early morning trading. The markets are down big across the board and the breadth today
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I am thrilled and honored to once again be sharing a platform with my old friend, mentor and Jedi Master, James “The Bob Dylan of Wall Street” Altucher, as he’s now brought his blog to Marketwatch. He wrote an article yesterday that got me thinking, about how TV ain’
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It grew increasingly sloppy as the day wore on and as we head into the close we’re at the session lows. Most traders would tell you closes like this layered into our recent down trend action isn’t bullish, but classic technical analysis methodology has never been the way
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We’ve been patiently waiting for this stock to “stabilize” after its recent report that disappointed Wall Street. The stock has been in one ugly down trend since that report and as I repeatedly noted, there was no need to jump and fight the sell off: You can see that
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This time next month I’ll be shocked if we see a single headline about Greece, its budget and why the citizens agreed to make the public of Greece suffer to keep bank investors whole. Heck, this time next week the mainstream media will have decided that there’s some
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Let’s talk Cisco. Cisco hasn’t caught a bid since it reported its second straight disappointing quarterly results a couple months ago. The stock has gotten much cheaper, as it has fallen much faster than estimates have. Back before that most recent report, back in May, analysts expected Cisco
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I was asked for an update on A123 Systems. Back when I flagged A123 as a short idea but was unable to borrow any, I was looking for two catalysts to the downside —1. a loss of welfare subsidies for alternative energies like the kind of batteries that A123 makes
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Stepping up and getting aggressive into the teeth of a steady decline late last week was, as I wrote at the time, “scary” and “very hard” to do. Remember how it felt back then: Okay, I’m stepping up and buying and I’m getting more aggressive about my approach
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Here’s another subscriber question with my answer. Thanks for reading and I’ll see you guys tomorrow. As for trading, I only bought the MSFT calls today. “How do you reconcile investing in internet-related mobile stocks with the cable and telcos imposing data/bandwith caps on their services?” Cody
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I just bought some more. I used expiration dates six to eight months out and am using slightly out of the money strikes on the MSFT calls I just bought here. Here’s an answer to a recent subscriber email. More of these to come. “have you thought about the
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In case we didn’t hear about it, the mainstream media wants us to know Greece is still trying to cut social services so that banks who lent the country money don’t have to recognize their losses. And while a similar dynamic is playing out here in the US
