Archive for March, 2009
The market was up as much as 200 points and retreated
TODAY’S STOCK MARKET VIDEO REVIEW
The market was up as much as 200 points and retreated. Further weakness tomorrow is expected but my analysis looks at the level which the market will begin to reverse…
WATCH TODAY’S VIDEO REVIEW:
The pullback has started…
TODAY’S STOCK MARKET VIDEO REVIEW
The pullback has started…
WATCH TODAY’S VIDEO REVIEW:
Buying
On this lower-open, pullback I am adding the following long positions to my portfolio (less than 3% of capital allocation):
FAS @ $ 5.40
URE @ $ 2.22
UPDATE: 3:26 PM
UYM @ 11.74
Discover the AMAZING similarities between the 1937-1938 market and today's market
TODAY’S STOCK MARKET VIDEO REVIEW
Discover the AMAZING similarities between the 1937-1938 market and today’s market.
This Weekend Review goes through the similarities in detail and I think it will be interesting to see how the market unfolds given the correlation so far.
Also, I give you an options strategy for taking advantage of the expected massive move [...]
The market is over-extended
TODAY’S STOCK MARKET VIDEO REVIEW
The market is overextended and – I hate this phrase – “due for a pullback” – but that is probably a pretty accurate description of this market.
My URE, UYM and UYG position is doing well and I am salivating at the prospect (finally) of a retracement at least to the FIB [...]
Market closes higher after sharp mid-day sell-off
TODAY’S STOCK MARKET VIDEO REVIEW
As I stated in my Pre-Market update, “…if we see another 200+ point day on the DOW we are likely to see a sharp sell-off too“.
The market was up just over 200 points this morning and then came crashing down dropping almost 300 points from it’s peak only to close higher [...]
Buying
I’m adding the following small positions to my portfolio. Using less than 5% of my capital:
URE – @ 2.44
UYG -@ 2.68
UYM – @12.55
I believe there is more downside coming but I want to start building a position in these etf’s.
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DISCLAIMER: No personal investing advice is implied or stated in this presentation. The information presented is [...]
VIX Divergence?
CBOE -Put/Call Ratio
Pre-Market Update. New S&P500 pullback target
Pre-Market Update. New S&P500 pullback target.
Notes: The market should pullback in an ‘orderly’ fashion, however that does not mean we could not see a ’shakeout’ of some sort. Continued…