Author: mysterytrader@traderplanet.com

This “news” from Chicago Federal Reserve President Michael Moskow seems to be spooking traders. Naturally, since history clearly shows that rising interest rates are bearish for stocks and...

The pre-opening call is for lower prices for stocks and higher prices for oil, gold, and commodities. The news seems to suggest that the Middle East might not be a safe place. Last week’s correction (upside for stocks and...

8/18/06 Correction All the financial markets turned corrective this past week. Prices of financial instruments of all kinds have been moving opposite to their major trends over most of the past week. Counter-trend corrections...

The opening call is a bit lower for stocks. Sure, running with the Bulls can be fun–while it lasts. Just don’t stumble and fall under hooves. There are still plenty of potential risks, and so this rally may not be on...

I underestimated the impact of the smaller than expected PPI and had to cut short sale losses repeatedly in the persistent rally on Tuesday. Ouch! On Wednesday before the open, the July CPI consensus is +0.4%, up from +0.2% in...

too many actual and potential worries at this time… why take the risk of holding longs? Shorts look like the better...

…on news of analysts’ downgrades, FDA rejections, and terrorist plots. The financial markets are in disarray. There are just too many unknowns and risks at this time. The news has been full of contradictions. So,...

Pity the poor investors. Stocks have gone nowhere this year. More power to the good traders! Stocks have had great ups and downs in a trading range this year. The pre-opening call is higher on news of good earnings reports from...

A lot of nonsense has been written and spoken about Fed Chairman Bernanke’s recent so-called “dovish” testimony to Congress probably indicating that the Fed would skip an interest rate increase on 8/8/06. (What...

Both, actually. Stock prices are indicated to gap sharply higher on the open. The July employment report is encouraging speculation that the Fed might not raise interest rates next week. That is far from certain, however. This...