Would You Buy This Chart?
A fun and interesting excercise in technical analysis from The Big Picture.
A fun and interesting excercise in technical analysis from The Big Picture.
This week (Sept 25-29) is the final week of the 3rd quarter. Institutional money managers are judged, and frequently compensated, based on their quarterly performance and so their is alot of funny business that goes on towards the end of…
Well I just closed out my trade in Charming Shoppes (NASDAQ: CHRS). As I wrote, on Tuesday I took a position in the Oct 06 $15 puts at 85 cents per. But the selling by the Mad Money fanatics never…
Mark Hulbert had an interesting article on Marketwatch after last Wednesday’s (March 21) close: “Nine to one: A rare and bullish technical event occurred Wednesday”. Over 90% of the volume of all NYSE-listed stocks was up last Wednesday – the…
The three phases of a bull market: “Phase one is the rebound from the depressed conditions of the previous bear market. Here stocks return to known values. In the second and longest phase, shares advance in recognition of improving business and…
“The whole story is interest rate worries.” – Stephen Carl, head trader Williams Capital (subscription required) “A lot of people are trying to come to grips with the idea that the Fed is just as likely at a future meeting,…
From time to time I’ll write a little report on a stock to keep a record of my own thinking. I just finished one on Taser (TASR) which reports 2nd quarter earnings before the open on Monday (7/23). I thought…