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Well, there’s little news in the way of more bailout for Greece’s lenders and for the first time in a long time, there’s really a dearth of macro-economic news driving the headlines if not the markets today. Even Microsoft, which today is up about 4% now, has
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Another day at the racetrack called the stock market, and they’re off. We’re up nicely this morning with two of our largest longs, Microsoft and Riverbed kicking it almost up 3% as I type. I’ve been a buyer of both more aggressive call options in each in
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People might call this a bubble, but I think those people have short memories of what a real bubble looked like. For a charm of powerful trouble, Like a hell-broth boil and bubble. Double, double toil and trouble; Fire burn, and caldron bubble. — Shakespeare If you think Riverbed’s move
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I get some pretty vicious comments on my blog at Marketwatch.com, just as I’ve gotten nasty comments on every public forum I’ve ever been a party of, from my days at TheStreet.com, Financial Times, Fox Business, CNBC, and so on. (For what it’s worth, the
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Here’s a list of my positions, from largest notional to smallest: Longs – Riverbed Cisco Microsoft Cypress Google Nuance Corning Apple Visteon DBA Ciena Celestica Adtran Shorts – Lender Processing Services SLV GLD Cablevision XLF Live Nation
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It’s a listless Friday morning of action out there, with tech leading on a broader soft sell off. Oracle reported a very strong and impressive quarter last night and the stock is down today. But one thing you’ll not read in anybody mainstream analysis on Oracle’s report
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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