Stock Watch 9.23.11 “Greece is the Word” The Euro default fears, especially Greece continues to suppress the market. People love to harp on fear and the t.v likes to slam that stuff down your throat just to get your blood pumping. It’s times like these when the real money is made. If you want to know […]
Stock Watch 9.22.11 ” American Psycho” Nothing gets the party started like a good ole Bernanke speech. This market is masking the depth of our true economic problems but still remains in a tight range. The government solution is to continue to throw money at our financial woes hoping they eventually get solved. The problem with all of […]
Stock Watch 9.21.11 ” Resurrecting the Rejected” OREX is attempting to resurrect it’s failed weight loss drug Contrave. This jibber sent the stock to the moon after hours with an 90% gain. That stock is in play big time for Wednesday along with it’s weight loss compatriots VVUS and ARNA. Full write up here http://www.thestreet.com/story/11254293/1/orexigen-resurrects-rejected-obesity-drug.html?cm_ven=GOOGLEN The […]
Stock Watch 9.20.11 ” I Robot” No secret the last 5 trading days the indexes have made huge upside moves in the last 40 minutes of the trading day. This algorithmic robot trading adds one more element the professional trader now has to compete with. I always think of that movie with Will Smith “I […]
20 Free Trading Tips Video #17 “The Chart Game,Corny but Effective”
Stock Watch 9.19.11 ” UBScrewed” Boo boos be painful at times. Usually when we make a trading mistake it costs us a couple of bucks but last week a UBS trader made an epic boo boo by losing a cool 2.3 billion! Yea that will look bad on his next resume. I guess that’s the […]
Stock Watch 9.16.11 “Same but Different” Thursday was the same as Wednesday, which resembled Tuesday and may continue trough Friday. Right now the best shorts are Biotechs that break out early and reach highs in the first 5 minutes of trading . Long opportunities are on pretty much on every pull back. The market always does what […]
Stock Watch 9.15.11 ” Bio Bonanza” Massive moves across the board in the biotech stocks ( along with every other stock). There were some old lovers that snuck back up on the rader rekindling some magic moments like a old summer fling. It all started out with one of my all time favorites, VRML. That turned […]
Stock Watch 9.14.11 “Deep Limbic System” The deep limbic system is in the central area of the brain and is about the size of a walnut. It is plays a vital role in a person’s emotional state. The DLS stores highly charged emotional memories, both positive and negative, this strongly affects our emotional tone. It’s during […]
Stock Watch 9.13.11 ” Swing Set” There were some mighty moves in the markets Monday, especially in the latter part of the afternoon. Reminds me of the time when I was young moving violently on an old rusted swing set, actually resembled more of the accident prone rope tied to an old tire. Should be fun on Tuesday. Monday trades PWER […]