Archive for June, 2008

Coal Stock Trend Returns Over 100% Since April

June 16, 2008

Since the most recent breakouts for Coal specific stocks returns have been as high as 165%. The latest breakouts for coal stocks came between April 2nd and April 4th, and only the sky has been the limit since.
Below you can see stock charts of James River Coal (JRCC), Alpha Natural Resources (ANR), Massey Energy (MEE), [...]

5 Ways to Improve Your 401k

June 16, 2008

With these trying financial times it can be daunting to even consider retirement. It may seem impossible to set aside anything from your paycheck for the future. But, it’s important that you take advantage of the resources available to you. Many companies are offering 401k plans to their [...]

Market Overview, June 13th 2008

June 13, 2008

After this week the bears are back in control as all major indices fell hard. Not even the 2% rally from the NASDAQ today was enough to change the sour mood.
This week Apple’s 3g iPhone didn’t stir as much positive commotion as bulls would have hoped. Also Yahoo shares tanked 10% yesterday as investors realized [...]

Oil Ready For New Highs?

June 12, 2008

After opening down and rallying to close right near intraday highs for the session today you have to wonder what tomorrow holds in store for oil prices.
To track oil I follow the United States Oil Fund (USO) which is an ETF that corresponds to the price of light sweet crude.
Below you can see a chart [...]

Retail Data Surprises, The Bull is Back

June 12, 2008

Are you about to choke me yet?
This morning the market opened to a artificial beautiful gap to the up side as retail sales came in strong. The sad part is that no one cares, or should care…
It doesn’t take a great economist to figure out that when you give low and middle class Americans (or [...]

Hot Commodity Trends are Fertilizers, Coal, and Oil

June 11, 2008

Quick note here for those who have been watching the fertilizers trend boom.
The three stocks I closely monitor in this group are Potash (POT), CF Industries (CF), and Mosaic Company (MOS). Another that has had a stellar run is Intrepid Potash (IPI) which is a recent new issue.
Last week I posted, “Fertilizers Trend Deserves Attention“. [...]

CSIQ Play at 38 Break

June 11, 2008

3:22 PM EST Update: lucky for you readers $38.20 hasn’t hit yet, unlucky for me (more so incompetence) I have been rightfully stopped out already for my 2% loss.
Posting quick here as while I was writing on the chart the stock broke $38 and triggered my buy order.
$38.05 buy point, 2% stop and look for [...]

Market Woes Continue

June 11, 2008

So much for the NASDAQ 50 day moving average holding as support, today we are down another 1.5%+ and it isn’t even 1:00 PM.
Just minutes ago the market fell to new intraday lows across the board, nice setup intraday too. Take a look at this shot of the NASDAQ:

The NASDAQ is down some 5.5% over [...]