Markets

Markets

Pre-Market 3/14/08

The futures were below fair value earlier this morning on worries about the economy and inflation on the day of the release of the new CPI number. The CPI remained to previous levels which eased concerns and the futures spiked up, putting us in good position for a positive open. As of 08:30 am : […]

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Markets

Post-market 3/13/08

I am again still not going to post everyday but when I post, I will now split my homework in two: pre and post-market. Pre-market is the morning prior to trading with overnight news and futures. Post-market is after the trading day, mainly charts and reviews. Again, I fully understand this may not be useful […]

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Markets

CMO Dip Trip (+0.47)

Traded my first Dip Trip and I am happy with the result. I read “The Master Swing Trader” by Alan Farley several times and still refer to it once in a while. I just never really used his pattern knowingly until now. I started visiting his site recently and he has interesting content. So a […]

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Markets

Tim Sykes’ An American Hedge Fund

I had pre-ordered Tim Sykes‘ An American Hedge Fund a while back, I received it late September and finally got around to reading it all this weekend. Tim is the trader who started Cilantro Fund Partners LP from capital he made on the market. He started trading the $12,415 from his Bar Mitzvah and turned […]

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Markets

RSH in The Onion

Sometimes, The Onion is so close to reality it’s scary. Like in this nice piece about RadioShack (NYSE:RSH). Yet, as counter intuitive as it may sound, the stock appear to be holding up. I do see signs of the trend weakening and when it reverses, we may see RSH featured on Wallstrap, or Wallstrip‘s sister […]

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Markets

Keeping an eye on Polyone Corp (POL)

Not at entry level yet but I am adding POL (Polyone Corp) to my long watch list.

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Markets

Take a look at BGO

I have been keeping an eye on BGO recently. BGO is Bema Gold Corp, a Gold mining company. A quick look at the weekly chart reveals BGO had a nice uptrend for a good part of 2005 and half of 2006. Mid-2006, the price started consolidating and bounced between a support at 4.25 and resistance […]

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Markets

ROIAK

ROIAK or Radio One Inc., the radio station owner and operator, just made it on my watch list. As usual, I am sticking to fairly cheap instruments. The weekly charts tells me ROIAK may have formed a bottom last August, making it an attractive long. The current weekly trend is up and the impulse signal […]

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Markets

NGAS

I will be watching the progress of NGAS in the coming week. The weekly chart gives a blue impulse signal which is not ideal but permits me to trade long if I so desire. The MACD histogram is up but the EMA still shows a down trend. I think the weekly primary trend is down […]

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Markets

FAF long above 42.10

Reading charts tonight I fell on FAF which attracted my attention and would consider getting in around 42.10 with a stop around 40.39. The weekly chart shows a potential uptrend with the EMA trending up and the MACD histogram slope is also up (Elder‘s Impulse System). On the daily chart I see the same pattern: […]

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