Trading Plan for August 29, 2011
Current Long Positions (stop-losses in parentheses): QCOM Oct 60 Calls, AAPL Sept 420 Calls, SPY Sept 124 Calls, IR (31.32) Read...
Read MoreCurrent Long Positions (stop-losses in parentheses): QCOM Oct 60 Calls, AAPL Sept 420 Calls, SPY Sept 124 Calls, IR (31.32) Read...
Read MoreFirst off, I suggest reading this post from a guest on Zero Hedge. Charles Hugh Smith repeats my own sentiments on a continuing bearish market and bullish-to-flat dollar. Until I read his post, I was looking at the rising...
Read MoreNow that we got Bernanke and the uneventful Jackson Hole speech out of the way, what is next for these markets to hype up and respond to? Well, we know that Europe and its hoopla will be an ongoing fiasco, and we know that weird...
Read MoreToday has been anything but boring as we have seen the market deal with two huge pieces of news in GDP and Bernanke’s Jackson Hole Speech, and traders and investors have been taken on a wild, roller-coaster ride as a...
Read MoreChairman Ben S. Bernanke At the Federal Reserve Bank of Kansas City Economic Symposium, Jackson Hole, Wyoming August 26, 2011 The Near- and Longer-Term Prospects for the U.S. Economy Good morning. As always, thanks are due to...
Read MoreAs a market technician, sometimes I gotta just turn the TV off and look at the charts. I know something is going to happen around 10 am tomorrow, so I might be watching the price action around that time if I’m...
Read MoreSo the Buffett donation to Bank of America (BAC) was quite an act, especially the deal that Uncle Warren got in doing so. But that really doesn’t carry much weight in comparison to the anticipation of the Jackson Hole...
Read MoreThe pop in equities across the board was, to say the least, short-lived, as the market quickly gave up its gains and went into negative territory. Most of this is do to mini-flash crash in the German markets. We have broken some...
Read MoreYou’ll find that the stocks below are sporting some pretty nice dividends, but don’t just dive into one of the stocks listed below without doing first the necessary due diligence required. A lot of the dividend...
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