The headline job numbers showed what some are touting as proof the economy is on the path to recovery. The problem is the number was not nearly enough to lower the U-3 unemployment rate and the U-6 un/underemployment and...
Read MoreGDP was reported this morning and after doing some homework, here is a quick breakdown of it. The headlines came in at 2%, which isn’t bad. However, one must determine how that number is made up. Similar to unemployment...
Read MoreWell, it’s 2 am Eastern as i start writing this but I’ve got a 3 hour lab in the morning which is going to be pure torture knowing the amount of news that is coming out in 6 hours. So per request of a few people I talk with on...
Read MoreThe market trend has remained to the north and one cannot wisely fight the trend however, one must also be wary of upcoming data that could sway the markets significantly. One thing we can expect is volatility but, the...
Read MoreSantarus (SNTS) took a beating in April when it received a patent ruling loss related to its heartburn drug, ZEGERID. SNTS lost about 40% and continued a downtrend thereafter until September. On September 9th, SNTS received...
Read MoreKeeping a relatively short update tonight but, the late day sell-off was a bit concerning. The technicals beneath the sell-off were ugly and my thesis is that computers ran most of today once again. Talking to and reading...
Read MoreBelow is a highly requested chart analysis from Wednesday’s action showing a Bullish Piercing Pattern. Gran Tierra Energy (GTE) Click with Pointer Hand to Enlarge A/D line: Strong accumulation that continues to uptrend ADX...
Read MoreA strong gap-up Tuesday morning started a bullish yet concerning trend north that lasted the entire day. Most market players looking at the charts today think this simply shows a strong bullish move north that means they need...
Read MoreBelow is a highly requested chart analysis from Monday’s action. Arena Pharmaceuticals (ARNA) Click with Hand to Enlarge A/D line: A strong negative trend which signaled a potential start of a reversal today ADX line: bearish...
Read MoreWe saw one the most highly anticipated Fed meetings this year as the markets trended sideways leading into the result. Some of the bulls were hopeful in receiving QE2 while the majority predicted nothing would change from the...
Read More
