Newspaper Stocks are in Consolidation Mode
by admin on March 9, 2010
in Essays/Reports/Articles
This is my third report covering the technical aspects of the newspaper group.
It’s said a picture is worth 1000 words. Well on Wall St. a chart is said to be the sum total of all the thoughts, feelings, emotions and opinions about a company and that the chart is always right. Read more..
Before the Open (Mar 9)
by admin on March 9, 2010
in Before the Open
Good morning. Happy Tuesday.
After yesterday’s slow, narrow-ranged day, anything goes today. On a short term basis, my bias is neutral. Heading into this week, the S&P had moved up 6 consecutive days and 11 of the previous 14. I was looking for a day or two off but could also make the case for a blow-off top. Read more..
Before the Open (Mar 8)
by admin on March 8, 2010
in Before the Open
Good morning. Happy Monday. Hope you had a nice weekend.
The Asian/Pacific markets closed up across the board – there were several 1% winners. Europe isn’t fairing as well, but it’s still mostly up. Futures here in the States point towards a small gap up open for the cash market. Read more..
Earnings (Mar 8-12)
by admin on March 6, 2010
in Econ/Earnings
Next week’s economic reports… Read more..
Earnings (Mar 8-12)
by admin on March 6, 2010
in Econ/Earnings
Next week’s earnings reports… Read more..
Before the Open (Mar 5)
by admin on March 5, 2010
in Before the Open
Good morning. Happy Friday.
Employment numbers are out. Here they are: Read more..
Before the Open (Mar 4)
by admin on March 4, 2010
in Before the Open
Good morning. Happy Thursday.
The Asian/Pacific markes closed mostly down; China lost more than 2%. Europe is currently mixed and mostly flat. Futures here in the States are flat.
Two consecutive days the market has been strong early and weak late. The market is up for the week, but most of the gains were registered on a single day (Monday). Read more..
Before the Open (Mar 3)
by admin on March 3, 2010
in Before the Open
Good morning. Happy Wednesday.
The small caps continue to lead the market higher. Here’s the Russell 2000 daily. It’s the only index to have completely recaptured its Jan and early Feb losses. Read more..
Before the Open (Mar 2)
by admin on March 2, 2010
in Before the Open
Good morning. Happy Tuesday.
So much for a little pullback or some sideways movement to allow the breadth indicators to drop more. The market gapped up yesterday and closed with solid across-the-board gains. The Nas, S&P 500 and Russell 2000 had big up days that took out their previous swing highs. The Dow lagged. Read more..
TZA April Call Open-Interest
The graph below shows the put and call open-interest for TZA, which is a triple inverse small cap ETF. Read more..
