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Author: Jeff Pierce

Twitter Revisited

I signed up for Twitter a few months ago when there was quite a buzz about surrounding it. I didn’t really see the point of telling people what I was doing in 140 characters or less, but I thought I’d give it a try...

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94% Upside Day

No doubt about the strength of the move today despite the closing minutes fade. This is the 2nd day in 2 weeks that we’ve had one of these such 90%+ upside days. One thing I just noticed about all the charts I’ve...

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Deja-Vu

I was short going into the close on Friday and added to the few positions that I held over late in the day. Needless to say my day didn’t go well and it would have been worse if I hadn’t hedged my whole portfolio...

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Evening Reading

Fear and Greed Those images of soup lines and other references to the depression era have terribly distorted the perceptions of the man-in-the-street. I wonder how many people have any sort of realistic outlook of what is likely...

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Noteworthy Charts

An hour into today’s session after the markets had risen over 300 points I took a look at a 5-min chart and realized that we had moved almost a 1000 points in 2 trading hours dating back from 3pm est on Friday’s...

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YTD Losses

I was listening to Financial News Hour and was shocked to hear the following YTD declines, not measuring from the highs earlier this year. DJIA40% SPX46% NAS48% These numbers would have been a lot worse had the market not...

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Essential Blogosphere Reading

Here is some thought provoking reading that has inspired a few sequels this weekend. It started with the following from Fortune’s Andy Serwer and what I get out of this first article is something I learned from Anthony...

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.Beta changes (Sat)

I updated the .Beta watchlist over the weekend with as many bullish charts that I could find. All of them are ultra bearish ETF’s with the exception of $TLT and $VXV. Beta Watchlist Courtesy of...

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Opportunities in Gold

Gold’s had a very intriguing year and it’s recent breakout combined with it’s bullish seasonality could provide some decent trading opportunities in the upcoming weeks. It opened the year around 847 and is down...

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Lemming

I’m not sure how much I trust any chart pattern out there, but for what it’s worth the stock showed up on my lemmings scan this weekend. It struggled once it rose over it’s 200ema and promptly fell. This trade...

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