Archive for January 2007

An Interpretation of the Day’s Trading and Big Tech Stocks Report Solid Earnings with Mixed Reaction

January 23, 2007  ·  Category: Market Commentary
I believe Barry Hyman, equity market strategist at EKN Financial Services, gets it right when he says technology is "going to hold the key to the near term direction of the markets" (subscription required).  And I ...
Posted by Greg Feirman  ·  No Comments »

Top Gun Closes Out Its S&P 500 Trade for a 35.6% Gain in 8 Weeks

January 22, 2007  ·  Category: Options
Our S&P 500 calls (Jan07 $137) expired last Friday.  I closed them out in the last hour of trading on Friday for $5.90 - (I forgot to give the instructions to do so here on the ...
Posted by Greg Feirman  ·  No Comments »

Tech Wreck Stops Market Rally Cold

January 22, 2007  ·  Category: Market Commentary, Sentiment Analysis
Wow.  What a turn around in just a few days.  When I was writing my previous post after the close last Tuesday the market was starting to look up.  We'd had a nice rally on Thursday ...
Posted by Greg Feirman  ·  No Comments »

Notes on the First 9 Trading Days of 2007

January 16, 2007  ·  Category: Market Commentary, Sentiment Analysis
We're 9 trading days into 2007 and I thought I'd comment on some of the things I'm seeing in the market. (1) Changing Perceptions About the Fed - When the Fed minutes were released on the ...
Posted by Greg Feirman  ·  No Comments »