By: Scott RedlerLast time I was “On the Call” we were in the midst of a 9% correction. I said GET EXCITED: buy the dip at around 1,040 in the S&P. We hit 1,044 and that was it. Our thesis for this year has been...
Read MoreBy: T3LiveRecently Evan Lazarus was interviewed by Tim Bourquin over at Trader Interviews. Below is an excerpt from the interiew, but be sure to click here and read/listen to the rest.Tim Bourquin – TraderInterviews.com:...
Read MoreBy: Elliot TurnerWhen the “Repo 105” story first broke, my initial reaction was neither anger nor surprise. Clearly Lehman engaged in some fishy behavior in order to create a massive hole on its balance sheet....
Read MoreBy: Marc Sperling I am buying some gold right here (through the GLDs) looking for an initial target in the $113 area. If it takes out the $113 area, there this precious metal could easiliy move up to $115.
Read MoreBy: Scott RedlerThe S&P 500 tagged 1,170 yesterday and then sold off a bit. My target zone for this market back when “the wedge” resolved to the upside was 1,170-1,190. So, with the overbought nature of this...
Read MoreBy: Elliot TurnerYesterday afternoon Nike (NKE) reported blowout earnings, beating on both EPS and revenues. On the report, the stock rallied to new all-time highs. The earnings in the sector are really starting to backup the...
Read MoreBy: Lee Vechione I have followed David Rosenberg, who is the Chief Economist/Strategist at Gluskin Sheff, for about 2 years. He is known to be out of consensus and really gives you an alternative look at where we are in this...
Read MoreBy: Pej Hamidi It’s not too often I find a stock that shows money flow (1) diverging from very early in the trend. This is very strange behavior because it shows persistent liquidation into the 400% rally since the Nov....
Read MoreBy: Elliot Turner As promised, I will follow up on my post from yesterday evening with some more on the regional banks. Before getting to the chart, I wanted to expand upon my statement that the Dodd financial overhaul provides...
Read MoreBy: Elliot Turner…those two magical words just won’t go away. Make that eight consecutive FOMC Meetings with no change to the terminology (thanks Brandon for the #). Ben Bernanke is a scholar who understands the...
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