Author: mysterytrader@traderplanet.com

Prices are looking higher thanks to end of quarter seasonal tendencies and some hopes that inflation and economic trends might not be as bad as feared. With crude oil rising back above $72, I am skeptical. The FMOC statement...

Univision Communications agreed to be bought by an investor group for $12.3 billion. Barr Pharmaceuticals agreed to buy Croatian drug manufacturer Pliva for $2.2 billion. Citizens Banking Corp. made a $1.05 billion deal to buy...

Destroying Stockholder Wealth U.S. stocks gapped higher today on news of several big merger deals, including a three-way $40 billion merger in the mining sector by Phelps Dodge and Johnson & Johnson’s acquisition of...

The big news of the day is Anadarko Petroleum’s agreement to acquire Kerr-McGee and Western Gas Resources in separate all-cash transactions totaling $21,100,000,000. All this really means is that oil companies are making...

Wednesday’s last hour fade away sets the stage for further stock price weakness. The ominous specters of inflation, higher energy prices, and ever rising interest rates should weigh on stocks. Better than expected earnings...

The ever-hopeful bulls are talking up better-than-expected earnings reports for Morgan Stanley and FedEx this morning. But the problem is that this market is not responding to good news. And THAT is very BEARISH. I continue to...

Our good friends in the always bullish media tell us that stocks are indicating a higher open on news of stronger-than-expected housing starts and analysts upgrades of Applied Materials and Costco. Yeah, right. We saw how well...

Look both ways before you cross the street. I see indications of split and choppy trading, with ups and downs. The main trend probably has turned bearish, but the bulls are hoping that good corporate news and analysts upgrades...

6/16/06 9:00 a.m. War, what is it good for? St. Louis Fed President Poole said U.S. data may understate inflation. The data may not capture the entirety of the inflation picture which would naturally expose the markets to...

I had to probe the long side only to cut loss a few times before catching the market pop on Wednesday afternoon. It looks like the news is good news pre open. I will be using this indicated higher open to take short-swing...