Sign inRecent Commentaries tagged (uncategorized)
Hot in the news today
Market is getting hit pretty hard this morning. They are tightening credit in China. And the dreaded revision of the Financial Regulation bill is almost ready for delivery. These are the pennystock companies to be looking at for activity today. These 2 are doing some heavy e -mail...
Black Art Beverage Spills a Stock Spam Campaign (PINK:BLVI) or (BLVI.PK)
Black Art Beverage (PINK:BLVI) just spammed my skype account. I can’t believe the nerve of some people. Is this how they promote their company? Hotstocked has a research report on BLVI here. It has been a while since they did their last $90,000 Campaign so I figured I would check back and see...
FXI Watch
I’m keeping a close eye on FXI. It is trading around a confluence of support. Note the convergence of the 200, 50 and 20 DMAs on the chart. If the index does not hold here, I’ll be very concerned about this bullish run continuing. The underpinnings of all of my holdings except for the [...] [For...
Monday Morning - Moody’s Makes More Negative Noises
Top ratings agency, Moody’s says the US & UK are "substantially" closer to losing their AAA credit ratings as the cost of servicing their debt rose. Under the ratings company’s so-called baseline scenario, the U.S. will spend more on debt service as a percentage of revenue this year than any...
The President’s Working Group is Oppossing FDIC Reform Proposals
Chris Whalen reports that the PWG is preparing a white paper in cahoots with the Federal Reserve and the Office of the Comptroller to thwart and block FDIC reform efforts. The white papers prepared by the PWG are never released to the public, so its all behind closed doors activity. Whalen goes...
Uptick in 3-month LIBOR
I’ve updated my positions under the C&C Holdings tab. As I always do on Sundays, I’ve flipped through the moving averages on the major indexes. There are not many notables changes from last week. GLD has crossed below its 50/100 DMA and FXF (Swiss Franc) is possibly breaking out from a base. The...
Weekend Wrap-Up, Still Trying to Get Bullish
I’m having writer’s block this weekend. Usually when I can’t think of what to write it helps me to go over our portfolios so I started this morning reviewing the Buy List but I didn’t get far because it was silly. Of 43 plays on the buy list, 39 are doing well - too well in fact to the point...
Weekend Wrap-Up, Still Trying to Get Bullish
I’m having writer’s block this weekend. Usually when I can’t think of what to write it helps me to go over our portfolios so I started this morning reviewing the Buy List but I didn’t get far because it was silly. Of 43 plays on the buy list, 39 are doing well - too well in fact to the point...
Options Player Reveals Long-Term Bullish Sentiment on AIG
Today’s tickers: AIG, MU, F, POT, CLF, PAYX, ERIC, SVU, LFC & CA AIG - American International Group, Inc. – The insurer’s shares experienced a fantastic 56.7% run up from its low point in the current month of $24.54 on March 3, 2010, up to yesterday’s intraday high of $38.45. During the current...
The Loud Noise Cityside Tickets Inc. CIST.PK
Cityside (PINK:CIST) has a big mouth when presenting themselves, but apart from saying “we’re gonna take a piece of the $8 billion ticket selling industry” they have nothing else to present. If you follow this CIST stock, you might have seen their CEO talk on FOX. That guy didn’t answer a single...
One Month Replay and Going Forward
One strategy I’ve been employing lately is buying strength. While many have been successfully “buying the dip",” buying the dip can kill you if you’re wrong. I often prefer buying strength. Buying when the market is up and internals are strong. I only started buying this rally on March 2nd. I...
The Oxen Report: Can We Go Any Higher?
I will get to a recap after I finish the post. Short Sale of the Day: Hibbett Sports Inc. Analysis: For some reason, I cannot recommend a Buy Pick. Nothing meets my criteria because it is all way too overvalued. I want to be bullish. I want to blindly recommend some ETF or stock, but I just...
Friday Chart Toppers - Breaking Up Is Hard To Do!
They say that breaking up is hard to do. Well, not for this market it seems as we make new highs on ever decreasing volumes. While I have been very skeptical of this rally, at some point you have to give in and go with the flow. As I said at the end of yesterday’s post, "We still have a...
Anadys Pharm-Bull Eyes Upside, Buys Call Spread
Today’s tickers: ANDS, FXI, GME, BIIB, TRA, WYN & AES ANDS - Anadys Pharmaceuticals, Inc. – Biotechnology firm, Anadys Pharmaceuticals, enticed a long-term bullish investor to shell out option premium in order to establish a debit call spread in the September contract. ANDS-shares are trading...
