With the market finish last week being oversold, it appears the indices have set up a “higher lows” pattern. This gives bulls the opportunity to push the market back up, and in doing so, signaling possibly a new long term trend.
Two charts below, one of the NASDAQ and one of the S&P 500.
NASDAQ Composite
Resistance on [...]
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Filed Under Stock Talk |
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While futures point to a relatively flat open, many busted tech names are showing remarkable strength. Currently, Apple (AAPL) is over 1 ½ points higher, Baidu (BIDU) nearly 3 1/2 points higher and Google (GOOG) 3 points higher. Following on Friday’s late day strength, we may be approaching a point where these [...]
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Filed Under Sean Hannon and
Stock Talk |
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It seems that all the articles I am reading are pointing to one conclusion, the US economy has officially fallen into a recession.
Living here in Michigan, I could have told you that this state was in a recession over a month ago with a simple, “duh”. Interesting to hear that the majority of economists agree [...]
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Timothy Sykes of TimothySykes.com turned $12,000 of Bar Mitzvah gift money into $2 million trading thousands of stocks from 1999-2002, managed the #1 Short Bias Hedge Fund from 2003-2006, starred in the television documentary Wall Street Warriors, and appeared regularly on CNBC all before the age of 26.
Tim and I are doing a link exchange [...]
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Looking for stocks to short? Well, this list is for you.
With the market so volatile to the downside there are many easy plays that can yield you quick profits. The overall trend right now is bearish, so play the downside and you have a good shot at being a winner. The smart investor is always [...]
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The Falkin Investing Organization, a 501c (3) nonprofit dedicated to free financial education worldwide is today launching its brand new program which gives out free financial books every month to randomly selected people.
To receive a book, you simply need to write a personal letter (no emails) to the Organization, and choose [...]
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The current market environment is among the most difficult I can remember. Each day we are hit with a range of information that tells us either we are in a recession, entering a recession or nowhere near [...]
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Filed Under Sean Hannon and
Stock Talk |
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After watching Mastercards (MA) earnings report last Thursday send the stock shooting past $200 a share, I couldn’t help but admire the beauty of its stock chart. I then went searching through 61 stocks in the same industry group to compile a great list of six companies worthy of your portfolio.
Featured in below are charts [...]
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