Head and shoulders, knees and toes. Sorry, I can’t think head and shoulders without adding the second part thanks to the darned Wiggles, which my kids were raised on – better than Barney, at least… The head and shoulders...
Read MoreToday’s tickers: XLF, CMA, LYV, WYNN, MRVL, AVP & PX XLF – Financial Select Sector SPDR ETF – The familiar shadow of a put butterfly spread appeared in the August contract on the XLF, an exchange-traded fund designed...
Read MoreHappy Tuesday. It does not look like today will be a Turnaround Tuesday as the market futures are at the lowest levels I have seen in some weeks. The market got some fresh fearful news from a number of places in the global...
Read MoreWheeee, what a ride! Finally all our very boring sitting around at 75% cash makes us feel smart as the market makes what we hope is that final blow-off bottom to re-test our lows. I already sent out an Alert to Members this...
Read MoreBullish strategist positions for rebound in Plains Exploration & Production Co. shares Today’s tickers: PXP, MRVL, SRE, RIMM, MU, AFL, BMY & DELL PXP – Plains Exploration & Production Co. – The...
Read MoreWe’re going to cut those deficits… As soon as we’re done spending more money! That’s the conclusion of the G20 summit this weekend as the official statement says: While growth is returning, the recovery is uneven and fragile,...
Read MoreLast week was another great week for us. We had a sad ending to it with a couple misses, but it was still another good week overall. This week, the market is looking to get July started in the right direction. The market is...
Read MoreNo wrap-up this week as I updated the Buy List (and make sure you read the comments for bonus plays). I’ll do a nice, 2-week wrap up next weekend as we have the holiday. Monday, the 5th will be our last day off until Sept 6th...
Read MoreFinally a chance to buy again! The problem with hitting the dead bottom with our June 7th Buy List is there haven’t been any good entry opportunities since for new Members. Now we are back down to about the bottom of the...
Read MoreToday’s tickers: BP, RIMM, ACN, NE, NTGR & XLE BP – BP PLC – Contrarian options investors itching for a rebound in bruised and battered BP shares initiated three-legged bullish options combination plays today with...
Read More
