Stock Watch 9.1.11. “The Story of Septum and Vulcan” The name September comes from the Roman word “Septum” which translates to seven, because in the Roman calender September was the 7th month. The Romans believed September was looked after by the god Vulcan. As the god of fire and forge,September is to be associated with fires,volcanic eruptions […]
Stock Watch 8.31.11 ” Fire Starter” The market has been on fire lately, that’s usually what happens after an epic meltdown. It remains to be seen if the previous lows from a week ago is a solid bottom or a bull trap. Remember bottoms take time to form. Speaking of on fire, the area of […]
Stock Watch 8.30.11 ” Coke Bottle Trader” Monday evening during our Mentor trade review, one of our members sent us this link on the story of “The Coke Bottle Trader”. I’ve heard a lot of trading stories over the years but this one has trading signals from Mars AND it’s a very good lesson. So good in […]
Stock Watch 8.29.11 ” Armageddon” Seems like Armageddon weather patterns this weekend. With hurricane Irene touching parts of the East Coat that normally are immune to such threats, to here in CA where temperatures touched +105 degrees (or 41 Celsius for my Euro friends).It was also a trade room armageddon last week as we were on […]
Stock Watch 8.26.11 ” Bank of Buffet” Thursday Warren Buffet dropped a cool 5 Billion to help out Bank of America, which is truly the worst bank in the world. All that money was only able to buy a temporary rally that faded all day long. This is definitely not what Bank America shareholders wanted […]
Stock Watch 8.25.11 ” Patron of Perfectionists Steve Jobs Gone” In after hours news Steve Jobs , the leader of AAPL finally stepped down from his position due to ongoing medical reasons. The stock price was butchered after hours but that’s just investors over reacting in my opinion. This should be that much of a […]
Stock Watch 8.24.11 “Bull Poker” If somewhere during your life you stumbled across the sport of Bull Poker you could relate that to Tuesdays overall market. The object and rules of Bull Poker are primitive yet simple. At a rodeo, gullible members of the audience sit at a table pretending to play poker while a huge angry Bull […]
Stock Watch 8.23.11 ” 5 Stocks that will fall like Ghadaffi” The Libyans are all over Ghadaffi and we are all over micro caps. Big moves in all these little micros. I’m ready to reign down on them like a crazy NATO air strike from the clouds. With these wild swings in the market there […]
Stock Watch 8.22.11 “Hewlett-Crappard” Hewlett Packard the once prominent company on the NYSE was abused on Friday. When the market is reaching for every available scrap of good news to rally on this certainly isn’t want bulls wanted to hear. As for day traders, well they could care less. When you trade what you see […]
Stock Watch 8.19.11 ” Counter Puncher” Thursday was the day for counter trading.Like a counter puncher in boxing. We focused a lot on buying stocks that we incredibly over sold and shorting what few stocks were overbought. All the great traders will tell you when people are scared- buy, when people a content – short. Worked […]