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 […]
Stock Watch 9.12.11 ” Flags of Patriotism” I’ll admit I’m not always the most patriotic US citizen. However, it”s hard not to wear a heavy heart on the 10th anniversary of 9/11. I think all of us can remember exactly where we were that day and what we were doing the moment we first heard […]
Stock Watch 9.8.11 “Inch Perfect” It was an all day power hour by hour incher in the markets, virtually no selling whatsoever. Big change from Tuesdays sketch whipsaw action. The big chief ( Obama) is giving a speech tomorrow so that should be a good 30 to 40 min of saying the same nothingness the last […]
Stock Watch 9.7.11 ” Swiss Cheese” Things are tough in this economy. So tough the US Government has now set it’s sights on attacking 30 billion dollars worth of Swiss bank accounts held by US citizens. The US Government is forcing sanctions on Switzerland if they don’t release the names of all US Citizens who […]
Stock Watch 9.6.11.”I Challenge You” I challenge you to make September the greatest financial success it can be. Most of the world is struggling for jobs and in fear of an uncertain economy but this could be the best emotional and financial time of your life. There is absolutely no reason for you to fail in […]
Stock Watch 9.2.11 ” Back to School” Monday the markets will be closed in celebration of Labor Day. Over the years many Americans view this as a 3 day weekend or a chance to catch up on things they feel they have no time for during a regular week. Labor Day marks the end of […]