Submitted By Optiondragon
Bob Marley - Redemption Song
From Briefing.com
Periodicals Wrap-Up for Friday, May 23rd
WALL STREET JOURNAL: In what may trump a GBP1.6B bid from a private-equity led consortium consisting of of Goldman Sachs Capital Partners (GS), Candover Partners (CDRIF), and Alpinvest, Expro International Group (EXPRF) said it received a GBP1.71B bid proposal from Halliburton (HAL), the […]
It was a very volatile day on the market, almost more volatile than on an options expiration day! There were lots of mid-day big swings. For example, X was strong in the morning, trading above $182; it ended at $172.15, down almost $4 for the day (a $10 swing)! The market did […]
Submitted By Optiondragon
From Briefing.com
Periodicals Wrap-Up for Thursday, May 22nd
WALL STREET JOURNAL: Future crude oil supplies may be a lot tighter than thought. That is what the International Energy Agency in Paris is expected to find when it releases its assessment of the world’s 400 major oil fields in November, according to the Wall Street Journal, […]
Yesterday, we were talking about $130 oil! Well, it just got higher today. We’ve also been looking at USO for the past couple of weekends in my weekly Sector Watch, and, we saw that it showed room to go higher. USO closed today at a new all-time high of $108.31, as crude […]
Submitted By Optiondragon
Bob Marley- Stir it Up
From briefing.com
Periodicals Wrap-Up for Wednesday, May 21st
WALL STREET JOURNAL: Barnes & Noble (BKS) is considering a bid for rival bookseller Borders (BGP), the Wall Street Journal reported, a move which would allow Barnes & Noble to improve profits and reduce costs. Antitrust issues could prevent a deal…The Wall Street […]
It has been brought to our attention that on the Membership Subscription Page, the paragraph about the membership being temporarily closed was still there. We have corrected that.
The Membership has been re-open for over a week because we realized that the site changes that we are making are going to take a […]
Oil prices jumped again! The broader market was pretty much weak all day. This morning, I said on the member board:
HappyTrading
Posted May 20, 2008 at 6:56 am | Permalink (Edit)
good morning.
Market
still weak; VIX at around $18, which is now a resistance. no hurry to act right now.
Commodities related sectors were strong. Oil, […]
The market jumped out the gate this morning. SPX topped 1440 and Nasdaq went above 2550. But, soon after lunch, as VIX hit below the $16 support, profit-taking started. On the member site, I said,
HappyTrading
Posted May 19, 2008 at 10:49 am | Permalink (Edit)
VIX
hitting $16; some profits are being locked in.
We also […]
Submitted By Optiondragon
The Strokes - Hard to Explain
From briefing.com
Premarket Analysis for 5/19- Upgrades/Downgrades, Gappers, Actionable Calls
Periodicals Wrap-Up for Monday, May 19th
WALL STREET JOURNAL: General Motors (GM) plants that were idled during the American Axle (AXL) strike are set to resume production mow that the strike has been settled, the Wall Street Journal reported…TELEGRAPH: The Telegraph […]
So, the market broke higher last week and caught the daily upper BB (see charts). Nasdaq closed above 2500 and SPX closed just above 1425. VIX kept on sliding and has been riding its daily lower BB lower.
SPX
SPX added +1.78 points to close at 1425.35. It has started to ride its daily […]
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_6.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_6.gif)
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