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Author: mysterytrader@traderplanet.com

SELL!

Stock prices gapped higher again, this time on news that Q2 GDP grew at a 2.5% annual rate, slower than the generally expected 3.0%. This news encouraged widespread hopes of a soft landing for the U.S. economy, an earlier end to...

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Shock and Awe, Smoke and Mirrors

Stock prices opened sharply higher on news of better than expected earnings reports. DJIA component ExxonMobil rose to a new all-time price high after reporting quarterly profit of $10.36 billion. Think about that the next time...

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maximum flexibility

Before Monday’s open, stock prices are indicated generally higher on news of M&A activity, a few good earnings reports, analyst upgrades, falling oil prices, and hopes for diplomatic efforts to resolve the violent...

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Bad News and More Bad News

Now some say Ben Bernanke’s “dovish” words might have been a misinterpretation. Israel and Hezbollah are killing hundreds of innocent people with no end in sight. Hatred and killing can lead only to more hatred...

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Overreaction & Whipsaw Alert

Federal Reserve Chairman, Ben Bernanke, is speaking again to the Senate banking committee today. There is a significant danger that Wednesday’s words were misinterpreted, as they were on a previous occasion....

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Good News/Bad News

First, the good news. Israel says it does not plan to target Hezbollah’s sponsors, Iran and Syria. According to CNN, Israel’s UN ambassador said, “This is an operation which is very measured, very local.”...

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