Well, yesterday, I decided to no longer just be in this bear camp, but I am pretty neutral ready to throw myself to the wind on day to day movement. Today, I am sitting back in the bear camp, but it is just a one day thing. The...
Read MoreSo close but yet so far! As you can see from David Fry’s chart of the QQQQ’s, the Nasdaq is looking to boldly go where no index has gone since last October, back through the September highs! If you lookat the chart...
Read MoreToday’s tickers: GET, BAC, WFMI, KSS, HGSI, MOS, AES & NUAN GET – The diversified hospitality and entertainment company edged onto our ‘hot by options volume’ market scanner after a bullish reversal...
Read MoreWe are all eagerly awaiting the CPE Core Price Index and consumer spending reports to help give the market some further direction. However, even after they come out, my suspicions are that this will be a red day for the markets,...
Read MoreHas the dollar fallen too far? The British Pound is now fetching $1.70, a huge break-out and well above the June highs, now valued higher to the dollar than any time since last October. Britain has aggressively cut rates and...
Read MoreToday’s tickers: AA, KEY, EWZ, F, CBS, TCK & OSK AA – The aluminum producer has experienced a more than 7.5% rally in shares today to $12.66. Commodity stocks rose on reports indicating manufacturing has declined...
Read MoreI am starting a new trade as part of my new section here at Phil’s Stock World. I am going to call itthe “Gamble of the Day.” It will be for all you heavy risk takers that thrive on risking a lot for sizeable...
Read MoreFor Monday, The Oxen Group is looking at a market that may be moving up early on the day, however, whether or not those gains will be able to be held throughout the morning is crucial. Going into Monday’s trading day, we...
Read MoreThe dollar is off 2% since Friday. That is sending oil back over $70 and gold back to $960 and has jacked the futures up 1% as the “value” of stocks tries to keep up with the less valuable dollars that they are...
Read MoreThis coming week we have a number of important economic indicators and earnings that will help shed more light on unemployment, the manufacturing sector, and the housing industry. Many analysts and”buzz” seem to be...
Read More
