Good morning to all. It is a slow day today in the news. There are no big economic reports besides crude oil inventories, which does not typically affect the whole market. Yesterday, we took the day to look more closely at our...
Read MoreEverything is proceeding exactly as I have foreseen – Emperor Palpatine In Monday’s post I said: “we really would like to see a little volume consolidation before we make another run at the 1,150 line on the...
Read MoreToday’s tickers: CVS, DRIV, AVP, WAG, ADBE, PHM & COP CVS – CVS Caremark Corp. – The better-than-expected fourth-quarter earnings report from Walgreen Co. this morning helped CVS’s shares higher during the trading...
Read MoreGood morning to all. So, I have spent the last couple hours looking for something to play – Overnight, Short, Buy, Midterm, Two Day…anything. I really just don’t see any attractive opportunities. At least ones that fill...
Read MoreWar does not determine who is right, only who is left. – Bertrand Russell Just when you thought it was safe to go back in the water, Japan and China are at it again. We discussed the “fishing’ incident last week...
Read MoreToday’s tickers: DRYS, PG, LCC, MHP, GDX, AMR, AMGN & GMCR DRYS – DryShips, Inc. – A number of options players boarded the DryShips, Inc. bullish bandwagon this afternoon after the dry bulk carrier was upgraded to...
Read MoreThesis Several months ago, rural telecommuncations company Frontier Communications (FTR) made headlines with a $5 billion buyout of a large portion of Verizon Communications’ (VZ) landlines throughout the country. The deal...
Read MoreWhat a week we had last week. A lot of good things were happening, and we ended the week very positively with a Short Sale in TIBX that was good for a 2.5% gain. This week, we will continue to try to keep the good times rolling....
Read MoreHope springs eternal at Goldman Sachs. This morning our favorite Banksters goosed the EU markets by upping targets on international mining operators Kazakhmys, Lonmin and BHP and that got the European markets off to a flying...
Read MoreIt’s only been three weeks but it’s time for an update! Back on the 3rd, I had said: “Let’s take a look at a quick dozen trade ideas for short-term gains. I like all these stocks long-term too (it’s always better to play...
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