Unfortunately, today was a day owned entirely by the bears. This is the first time the bulls have been pushed around all day long since August of last year. The good news is we are still in an uptrend but, we must be clear minded to identify a change of trend. While most are fearful [...]
Some early morning homework before the market opens. Oil jumps above $89 after Alaska pipeline leak I’ll be personally looking forward to trading some beaten oil stocks early in the week but, I will likely sell down my longs if crude oil can not break and hold above $90 a barrel. From the article: “The [...]
Biotech/FDA Calendar recently updated for January. See link below.
KSMT FDA Calendar
Crude oil has been beaten down this week and a transition from oil to natural gas seems to be underway as natural gas tries to break above $4.60 again. I’m actively trading this sector now, looking for a bullish breakout over the coming weeks if the trend continues. Two natural gas plays of mine [...]
THE EWI ARGUMENT:
A Critical Analysis of Robert Prechter and Elliott Wave International
(March 2009-Present)
SUMMARY
In this article I analyze the recent work of Robert Prechter’s “Elliott Wave International”, evaluating…
Recent Portfolio Updates: This is an attempt to try and update followers who are unable to follow us in the live chatroom or all of the stocktalks throughout the day. Took a stop loss on 3/4ths of my position in Repligen Corp (RGEN) and will watch for support before adding back. I am still bullish [...]
The stock pickers market has returned in full effect for the last part of 2010 and I fully expect it will continue into 2011 for the time being. The trend is up and while we have many trying to call a top nearly every day, we must not fight the trend. Until the indices break [...]
…
Favorite longs for the week. I hope everyone had a great holiday weekend and are now well rested for the upcoming final week of 2010. I want to thank the many of you who have expressed kind words over the helpful lessons from our stock market community. Hopefully 2011 pushes the pace in everyone’s learning [...]
Last night 60 minutes discussed a concerning topic on the States financial problems. The question is will the current elected politicians do what is necessary to fix the budget, which will cause pain to many, and probably ensure they will not get elected again due to the pain associated with them OR will the politicians [...]
