Last weekend, in my Weekly Forecast, I said, “For the new week, as long as the financial sector continues to recover to the upside, the overall market should do the same. On this initial bounce, it would be good to see the market go at least above the daily MAs. For SPX, it will be [...]
Monthly Archives: July 2008
Weekend Comments and Linkfest: The Think Tank
July 26, 2008 – 11:30 am
Please use this to post links to articles, charts and/or trading ideas. HUMAN TETRIS SNL Digital Short: The Japanese Office Schillervision Hidden Camera Saturday Night Live Weekend Update with James Gandolfini Saturday Night Live Will Ferrell at the espys Will Ferrell and John C Reilly at Espy’s Hilarious!!!!
Premarket Analysis for 7/25- Upgrades/Downgrades, Gappers, Actionable Calls
July 25, 2008 – 5:28 am
Submitted By Optiondragon From Briefing.com Periodicals Wrap-Up for Friday, July 25th WALL STREET JOURNAL: The Wall Street Journal reported that Cleveland -Cliffs (CLF) was set to buy Alpha Natural Resources (ANR) for $10B, but they didn’t get an okay from Phil Falcone’s Harbinger Capital, which holds 16% of Cleveland, and two days before the deal [...]
Market Locks In Profits: SPX, Nasdaq, BIDU, AMZN, QCOM, GS, BAC, MA, MER
July 24, 2008 – 5:11 pm
Yesterday, on the member board, with 1 hour left in trading, I said: HappyTrading Posted July 23, 2008 at 12:04 pm | Permalink (Edit) I’m starting to go cash! This was because many of the tech and financials stocks were showing short-term tops. Yesterday, after the market BIDU, AMZN, and QCOM reported good earnings and [...]
Premarket Analysis for 7/24- Upgrades/Downgrades, Gappers, Actionable Calls
July 24, 2008 – 5:26 am
Submitted By Optiondragon From Briefing.com Periodicals Wrap-Up for Thursday, July 24th WALL STREET JOURNAL: The Wall Street Journal’s “Smartmoney Stock Screen” looks at eight companies whose valuations make them ripe to buy, and they also may be in the sites of corporate buyers. The big eight include Asbury Automobile (ABG), Crane (CR), Scholastic (SCHL) and [...]
Market Rally Continues; Techs Lead: SPX, Nasdaq, CME, ISRG, BAC, BIDU, AMZN, QCOM
July 23, 2008 – 4:41 pm
The market was solid all day today, and kept the rally going. Commodities were once again weak and the oil prices fell further. Techs led the market, although biotechs took a breather. CME, mentioned yesterday, went up another +6.65%, or $24.35, closing above $390! Among our members, angar held on to this trade and got [...]
Premarket Analysis for 7/23- Upgrades/Downgrades, Gappers, Actionable Calls
July 23, 2008 – 5:33 am
Submitted By Optiondragon From Briefing.com Periodicals Wrap-Up for Wednesday, July 23rd WALL STREET JOURNAL: The Wall Street Journal’s “Fund Track” reported that some banks struggling to raise capital may sell their money management units. National City Corp. (NCC) is selling its Allegiant Funds, Fifth Third Bancorp (FITB) is considering selling its Fifth Third Asset Management, [...]
Market Fights Back As Oil Continues To Slide: SPX, Nasdaq, AAPL, CME, ICE, GS, BAC, PRU, ISRG, ILMN
July 22, 2008 – 6:04 pm
The market started out weak today, pressured by earnings from AAPL, TXN, and AXP. But, after the gap-down open, the market climbed all day and accelerated upwards into the close. AAPL traded down nearly $20 in the morning, and ended down only $4.27 at $162.02. One of our brilliant members, Makemoney, jumped into AAPL calls [...]
Premarket Analysis for 7/22- Upgrades/Downgrades, Gappers, Actionable Calls
July 22, 2008 – 5:30 am
Submitted By Optiondragon From Briefing.com Periodicals Wrap-Up for Tuesday, July 22nd WALL STREET JOURNAL: The books of Fannie Mae (FNM) and Freddie Mac (FRE) are being examined by the Federal Reserve and the Office of the Comptroller of the Currency to review their financial condition, according to the Wall Street Journal…The Wall Street Journal also [...]
Commodities Bounce! SPX, Nasdaq, POT, MOS, AGU, HES, CLR, SLB, FLR, MEE, PCX, AAPL, TXN, AXP
July 21, 2008 – 5:25 pm
The market was pretty flat all day. Financials and techs took a breather, while commodity-related sectors bounced. Metals, energy, oil, and agriculture were all strong today. MOS led the fertilizer group, rising almost $12, or +9.38%; POT added +6.52%, and AGU gained +6.56%. In the energy sectors: HES went up +6.26; CLR rebounded +5.04%; SLB [...]
![[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)
