Today’s tickers: INTC, FXI, UFS, TM, BRK.B, X, QCOM, MCO, APC, COST, HNZ & DLTR INTC – Intel Corp. – Shares of chip-making giant, Intel Corp., dipped lower in early trading, but rebounded this afternoon to stand 0.75%...
Read MoreYesterday, we had a nice play with a short sale of MGIC Investment Corp. (MTG). I had originally set my entry range at 6.45 – 6.55. The stock, however, within minutes of opening went from around 6.00 to 6.75, missing our...
Read MorePeople have gotten so used to immediate rescues off any drop that holding a floor for two days brings out the doomsayers. I remember a time, many years ago, where we could go a whole week without the Dow moving 100 points...
Read MoreIn yesterday’s morning post I made the anti-Keynesian comment: Ordinarily I wouldn’t care if a new bunch of suckers gets fleeced buying shiny bits of metal and gooey liquids but the rising commodity prices suck capital away from...
Read MoreToday’s tickers: GS, AMLN, LYV, KFT, PM, IYR, MAS, VMW, BKS & CAL GS – Goldman Sachs Group, Inc. – Option traders assumed medium- and long-term bullish stances on the global investment banking and management firm today to...
Read MoreHello readers, This morning the market is looking pretty mixed and unsure of which direction to go. The earnings on the morning were neither great, nor terrible. As a result, we have futures just sitting a bit under at the...
Read MoreSuddenly everyone is cutting back. China plunged to the 2.5% rules (yay for our FXP and EDZ plays!) as Chinese banks have begun restricting new loans, responding to a push by regulators (and PSW) to contain credit after a surge...
Read MoreToday’s tickers: IBM, XLF, TXN, XLF, CTXS, EBAY, HAL & FITB IBM – International Business Machines Corp. – A long-term bullish transaction on IBM suggests one investor is positioning for a significant boost in share price at...
Read MoreHey Readers, The market is looking like it wants to snap its major losing streak that occurred for most of last week, but I am not convinced. The futures on the market have continued to dwindle away as the trading day has begun,...
Read MoreI love alliterative titles, don’t you? Fun time is over, the Jet’s lost to the Colts (avenging their first loss of the season) and the Saints beat the Vikings in overtime actually putting the best two teams from each conference...
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