Archive for April, 2008

Blain’s Nightly Stock Picks, April 30 2008

April 30, 2008

Today the FED cut interest rates by a quarter point which could very well be the final cut. After the 2:15 PM announcement the market traded down on higher volume to finish the day in the red.
On the tech front Google (GOOG) ran up 3% on heavy institutional volume. Also, Netlogic Microsystems (NETL) gapped up [...]

Weekly Market Commentary, April 29th 2008

April 29, 2008

                 One of life’s never ending debates concerns what makes people who they are.  As each individual has a different genetic background and an infinite number of unique life experiences, pinpointing what causes people to act as they do is difficult.  To simplify, many have focused on two distinct events – nature versus nurture.  Those [...]

Tech Stocks On The Run

April 29, 2008

Heading into the last hour of trade many large tech stocks can easily be highlighted. Below you find Google (GOOG), Baidu.com (BIDU), and Research in Motion (RIMM) all posting nice gains today and breaking into key higher ground.
Biadu.com (BIDU) Stock chart.

Google (GOOG) Stock Chart.

Research in Motion (RIMM) Stock chart.

Heading into the last hour the losers [...]

Blain’s Nightly Stock Picks, April 28 2008

April 28, 2008

The market overall had a pretty light day today ending nearly unchanged across the board.
Chinese internet giant Sohu.com (SOHU) jumped over 10% to a record high close after reporting stellar earnings and raising guidance, and Ford (F) today surged back over $8 on news that Kerkorian is taking interest in the struggling motor company.
After hours [...]

5000 Members Reached, Stock Forums

April 28, 2008

A big milestone for the stock forum here on the site, 5000 total members was reached over the weekend.
Started way back in January of 2006, currently there are 13,630 posts within 4,106 threads from a total of 5,018 members.

There is a quick link to the stock forum at the top left corner of all the [...]

Defining Trends, The End of Gold?

April 24, 2008

Gold has made an amazing run topping $1000 in the middle of March, 2008. From there though a huge three day sell off had investors taking profits and institutions changing hands in a big way. Since the sell off the precious metal hasn’t been able to rally and continues to lose ground. Is the gold [...]

Blain’s Nightly Stock Picks, April 23 2008

April 23, 2008

Featured groups Fertilizers, Steel, and Gold all took hits today as institutional funds flowed out of commodities as a whole (less oil which was flat on the day) and into tech stocks with a focus of computer software and semiconductors.
Tonight I am testing out new slightly bigger charts with a more appealing form of price [...]

Weekly Market Commentary, April 22nd 2008

April 22, 2008

“There are only two emotions in the market, hope and fear. The only problem is you hope when you should fear and fear when you should hope” -Jesse Livermore
I wrote my last market commentary on April 8th. [...]