Archive for November, 2007

Dead Cat Bouncing?

November 27, 2007

     Anytime the DJIA rallies 215 points in one day, you must be impressed.  While I will take the gains when the come, this looks to me like a dead count bounce.  Even though we closed up on high volume, the NASDAQ, S&P 500 and DJIA all remain below their 200 day moving averages.  Deeper, [...]

Drawn to 12,445

November 26, 2007

     For the past few trading days, I have been grappling with a reason to be bullish.  My market timing model is oversold and certain market leaders have shown strength.  At the same time, the bears have sown such devastation that I think we are do to have a round of short covering that will lead [...]

Carnival of Personal Finance #128 – Investment Truth Edition

November 26, 2007

Welcome to the 128th Carnival of Personal Finance, Investment Truth Edition. Since this blog discusses investing tips, tricks, picks, and education from market professionals you will be exposed to some of the stunning truth about investing and investors. Enjoy.
Editor’s Choice
1st Truth: Bill Gates makes over $30 million each night while he sleeps.
** nickel from FiveCentNickel [...]

Market Ready For Upward Departure?

November 25, 2007

This market sentiment comes via Ravi Menghani who is a medical student at UCLA.
Ravi writes:
Over the long weekend I had an opportunity to browse the indices’ charts, and in my opinion, there is much to be gained on the upside.
Very briefly, retail numbers are showing strong. As Dr. Jack as mentioned many times, much [...]

Margin Calls, Preparing For the Worst

November 23, 2007

(This post is sponsored by www.nationalpayday.com who supplies payday loans and cash advance loans when you need them most).
For investors who trade their portfolios in a margin account, there is always the worry of what happens if your stock falls below the designated “maintenance level” for the position. When this happens a what is called [...]

Looking to a positive open

November 23, 2007

     Wednesday’s close was a disaster.  The DJIA closed below its August low and the NASDAQ closed below its 200 day moving average.  This occured on heavy volume as the New York Stock Exchange (NYSE) traded over 4 Billion shares.  Deeper, the market internals were poor as NYSE new lows outnumbered new highs 22 to [...]

Free Stock Education Archives Updated

November 22, 2007

For those who travel to this site seeking stock market education, there is a huge archive of articles written previously on this blog all organized in lists.
You can find the list by clicking on the stock education tab at the top of this page, or you can find the list by also heading into the [...]

Leaders Doing Their Job, Leading

November 21, 2007

With the market having another wishy washy day today, I found it interesting to see the leaders holding up with for the most part gains on the day.
Who are the leaders? Your leaders are Google (GOOG), Apple (AAPL), Potash Corp (POT), Baidu.com (BIDU), First Solar (FSLR), Research in Motion (RIMM), and even Chipotle (CMG) could [...]