Archive for June, 2006

Google Stock Closes above $400

June 21, 2006

I don’t always post on specific stocks like this, but today’s movement in Google (GOOG) was too bullish to pass up. The stock was in a weird channel wedged below the 50 day moving average and above the 200 day MA. A fall below the 200 would be a pretty bearish indicator but it proved [...]

“Mad Money” Cramer Summary

June 21, 2006

It felt good to watch Jim Cramer’s “Mad Money” today after being gone for the past six days. I enjoy writing recaps of his show everyday, and you deserve them!
Jim started the show out by making a call for us investors to get our hands into Research in Motion (RIMM). RIM is the maker of [...]

Alligator Spread

June 21, 2006

Today’s Stock Lingo word thanks to investopedia.com is an “Alligator Spread”, investopedia defines it as:
“A term referring to an unprofitable spread regardless of favorable market movements. This loss is due entirely to large commissions charged upon the transactions.”
No one likes alligator spreads, and they most usually occur when you are only trading with a small [...]

Vacation Update

June 19, 2006

I figured I’d let all ST101 readers know that my vacation has been wonderful thus far, and I am still set to return home this Tuesday the 20th. Today was the hotest day yet, hitting an amazing 115 degree high, and thus I have a new meaning to, “soaking up the sun”. Tomorrow will be [...]

Jim Cramer’s “Mad Money” Recap

June 17, 2006

Well, I have to say that Arizona has been beautiful so far (110 degrees today) and that I have been enjoying my vacation. The three hour time difference was rough yesterday, and I went almost 24 hours without sleep, not entertaining at all… Well, I am happy to say that I can recap tonight’s “Mad [...]

“Mad Money” Jim Cramer Recap

June 14, 2006

Jim told us today that the Ethanol fad has come to an end, so get out. The first sign to sell according to our investing guru buddy was that Verasun Energy (VSE) went public today; I guess that isn’t a good thing. According to Jim supply will become too great and there will not be [...]

Stock Market Lingo, “Dry Powder”

June 14, 2006

Dry Powder is a phrase used to describe cash reserves that are kept when times are tough. So, let’s say company XYZ has had sales drop significantly over the last quarter and expects them to continue to drop. The CEO may say, “We need to make sure we have enough dry powder to make it [...]

Talk Stocks Live With Me Tonight!

June 14, 2006

Since I am leaving tomorrow for Arizona for 5 days, I will be online for three hours tonight, from 6:00 PM – 9:00 PM (Eastern Time Zone). I will be available to simply talk stocks, talk life, teach free stock lessons, answer stock questions, etc. I usually have open office hours each weekday, but tonight [...]