Archive for May, 2010
What in the hell…
…happened today? I wasn’t really hawking the markets today since I had quite a busy workday, but at one point the Dow(.DJIA) was down 1,000 points. Did this occur because f European debt issues, or a trader error? CNBC is alleging that its sources say that a trade from one of the world’s largest investment [...]
Buffett Charts & Media Craziness
Get Out of Stocks Now! Barry James, president of James Advantage Funds and Neil Hennessy, portfolio manager and chief investment officer at Hennessy Funds told CNBC that the market has been topping out since January and their firm has been pulling out of equities ever since. That may prove to be true, but all this [...]
SPY ATR Signal
Good evening. Could the SPY be triggering an ATR sell signal this week? Today was a rough trading day, with the SPY losing about 2.35% of its value. Any more negative days this week and the ATR sell signal may occur. The average true range is a volatility indicator. Volatility measures the strength of the price [...]
Tuesday, May 4, 2010
U.S. stock index futures are pointing to a lower open Tuesday as the dollar firmed amid worries about the European debt crisis. Currency quotes/charts, including the EUR/USD can be seen here. Pfizer Proft Beats, Forecast Unhurt by Reform…(CNBC) How much have airlines made in extra fees last year…how about $7.8 billion…(CNBC) Google’s YouTube Boosts Display [...]
The Piotroski Screen
Joshua Lipton from Forbes.com writes “Who Is Joseph Piotroski? You won’t find him blabbering on cable news about his latest stock picks or boasting about his returns on the lecture circuit. But what Joseph Piotroski lacks in fame and fortune, he makes up for with a unique investment strategy that generates excellent results..” I am [...]
Monday, May 3, 2010
I hope everyone had a great May-Day weekend, I know the weather was great here in Raleigh-Durham, North Carolina. Futures are positive this morning and the markets will have opened by the time I publish this post. The market seems to reflect positive thoughts on the Greece bailout deal. The Kirk Report published a very [...]
It’s the Weekend…
Happy Saturday to all. My day has consisted of waking up nice and early with the 5 month old baby of mine and the 4 yr old dog, a nice trip to the Durham Farmer’s Market with my wife and daughter, a brief sit-down at Beyu Caffe in downtown Durham, and two hours of mowing [...]
