February 19, 2008 – 6:10 pm
The market started with a bullish tone, gapping up. But, during the last 2 hours of trading, it gave back all of the day’s gains. Oil prices continued to rise, as crude rose above $100 per barrel today! The Dow closed down 10.99 points; SPX gave up 1.21 points; Nasdaq slid 15.60 […]
February 19, 2008 – 5:55 am
Submitted by OptionDragon
From Breifing.com
This morning FOSL beat big and guided higher and is gapping up. FOSL has another 1 million shares it has to buyback before the end of April. KALU beat big on the top and bottom and is gapping higher and should move higher. Check and check.
Freeport McMoRan-FCX: Estimates raised on higher copper […]
February 18, 2008 – 1:48 pm
Although the market did not show much conviction in a direction last week, it did finish with modest gains. The afternoon rally, on Friday, left the market in a good position to continue to recover from the bottom.
SPX
SPX added +1.13 points on Friday to close at 1349.99. It closed above the 10-day and […]
February 17, 2008 – 4:46 pm
Submitted By OptionDragon
Coldplay - The Scientist
This shortened week has more of a focus on steel companies and gold companies. For steel companies there is KALU (Tuesday), RTI (Tuesday), RS (Thursday), and CLF (Thursday). For gold companies there is AEM (Wed), ABX (Thurs), and NEM (Thurs). It will be very interesting to […]
February 16, 2008 – 3:40 pm
Submitted By OptionDragon
Bruce Lee Interview, Be Like Water.
In trading, it is important to trade in the zone and stay in the zone, just like you would in an athletic event or in high performance arts. Hitting the zone and staying in the zone is of utmost importance to maximize performance during trading as […]
February 16, 2008 – 2:09 pm
The market was, again, volatile this week, but, it came away with a win. For the week, the Dow added +166.08 points; SPX gained +18.7 points; and Nasdaq garnered +16.95 points.
Last weekend, in my Market Forecast, I said,
“For the new week, things are likely to be very tricky. First of all, it is […]
February 15, 2008 – 6:03 am
Submitted By OptionDragon
Andrea Bocelli & Sarah Brightman - Time To Say Goodbye
This is to all the Sopranos Fans out there who miss the show. One of the best acted and best written shows ever on TV, remember when Tony went to Italy, my ode. It is option expiration today and it is […]
February 14, 2008 – 6:48 pm
The market slid back down today, as Mr. Fed Chairman, Bernanke, spoke and discussed about the economic concerns. The market pretty much gave back what it gained, with the Dow down 175.26 points, SPX losing 18.35 points, and Nasdaq sliding 41.39 points.
Here’s how the market closed:
Techs were weak: INX2 (Internet) -1.78%; SOX (semiconductors) -2.81%; […]
February 14, 2008 – 6:06 am
Submitted by OptionDragon
Common and Lily Allen, Drivin’ Me Wild.
HAPPY HAPPY VALENTINE’S DAY TO ALL….To all your loved ones, the ones that drive you wild.
The ones we live for, the ones we die for.
From Briefing.com
BIDU beat handily last night and is gapping up. 24/7 and some reports say that Q1 guidance is weaker than […]
February 13, 2008 – 5:48 pm
The market rallied today, cheering the good January retail sales numbers. In addition, Paulson, Secretary of Treasury, reiterated positive comments about the economy, as the fiscal stimulus package gets signed into effect. After retesting the bottom and quietly waiting for a few days, the market finally seems to be coming up for some […]