Archive for the ‘Equities’ Category
Monday, July 7th, 2008
From Yves Smith over at Naked Capitalism:
"Since I seldom am the bearer of upbeat news, I thought I'd pass along the cheery forecast from market strategists at Lehman and Deutsche Bank, namely, that the Standard & Poor's 500 index will have its best six months since the second half on ...
Posted in Equities, General Commentary, Indices | No Comments »
Thursday, July 3rd, 2008
Where to begin... The SPY Iron Condor was put out this month will a slightly bullish bias as it is our opinion that we are due for a bit of a correction to the upside. We have oversold readings across the broad markets and a classic triple bottom setup. Now, ...
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Tuesday, June 10th, 2008
With oil edging over closer to the elusive $150 price level, July crude settled a bit further away at $131.31 a barrel. A rebound in the U.S. dollar and weakening demand pressured crude prices down $3.04 in today’s session. According to the State Energy Department, crude demand is projected to ...
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Monday, March 17th, 2008
For all of you contrarians out there, check out this 1.50 CBOE Equity Put/Call Ration intraday! Reversal anyone?SHARETHIS.addEntry({ title: "A Case For The Bulls?", url: "http://www.indexoptiontrader.com/blog/2008/03/17/a-case-for-the-bulls/" });
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Thursday, March 13th, 2008
With the recent lift, albeit possibly temporary, there is no doubt that the SPY is in fact forming a classic double bottom pattern. According to technical analysis, a double bottom is usually indicative of a lift, with the target price being at the distance between the top and bottom of ...
Posted in Equities, General Commentary, Indices | 1 Comment »
Monday, March 10th, 2008
As many of you know, the major indices are at a pivotal, well...pivot. The SPY, IWM and others are in a position to retest the swing lows set in January 08. The SPY is set to retest the 127.50 levels, and the IWM at the 64.50 levels. We may see ...
Posted in Equities, General Commentary | 1 Comment »
Tuesday, March 4th, 2008
I may not be the first to say it, but I certainly won't be the last... it may be time to get long. Reference the image below:
While at first glance this chart looks intimidating, its not. The red and black area indicator is the NYSE Summation Index (A popular (or ...
Posted in Equities, General Commentary, Indices | 1 Comment »
Monday, February 25th, 2008
It looks like we have reached an all time short interest level in the NYSE as of February 15. 14.4 Billion shares is the number of shares short on the NYSE, or 3.8% of the total shares outstanding. For those of you contrarian investors out there, this news should be ...
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Monday, February 18th, 2008
Excerpt from "Waves of 2008" written by our Chief Research Strategist Anthony Tsung.
The X factor, is the rising cost of inflation and the over aggressive stance by the communist party to impose regulations on their own labor market and to increase tariffs on trade in their efforts to curb potentially ...
Posted in Equities | 2 Comments »
Monday, February 11th, 2008
I recently came across an outstanding article entitled, "Black Swans, Real Estate and Financial Stocks," written by Geoff Considine over at Seeking Alpha. The article nicely compliments my previous post regarding the 3+ sigma events and statistical anomalies that exisit in the market -- think the beginning of 2008.
The article ...
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