Glad we are sitting on hands. Only stock on service is DLTR which is acting fine. This week has been down big…up big…down big…and a good open today even though economic numbers were again suspect. The strong euro trumping economic numbers. A glance at the major indices do show a potentially bullish handle being put…
I gave you a list of potential shorts last night. Hold on to them. We will play off them…as well as some others. I will get back to you. Shorting aint easy. It is a pain in the rear because rallies in bear phases are swift and many times are gapped. This weekend is the…
AAPL,AAP,ADI,CBS,CVX,COP,CMG,COF,DOW,FDX,INTU,ISRG,LOW,MA,STT,UPS,V all look shortable in and around here. I am actually mad I did not play NKE at a real fgood spot…but there is more. I will let you know in the morning depending on how market opens. Even though major indices are hanging in here, lots of retail names roll over bad today…and just…
Cover BHI with the 2-3% profit…yippee…noticing euro picking up…could help oil stocks…and frankly, thinking chance market can move up into resistance…and maybe above it.
[email_link] IT’S EVERYONE ELSE’S FAULT. I HAVE NOT BEEN THE PRESIDENT FOR THE PAST 3 AND A HALF YEARS. I INHERITED THE DEFICIT. YEAH…THAT’S THE TICKET! LISTEN TO THE AUDIENCE. THEY BELIEVE EVERY WORD! THEY REF– USE TO DO THE SIMPLISTIC. JUST LOOK AT THE NUMBERS! BOTTOM LINE: IF OBAMA DID NOT WANT DEFICITS, HE…
Poor retail sales in u.s. Poor economic numbers out of the Eurozone. Futures only down a wee bit. Last night, mentioned SWI and TJX as plays here near the 50 day with stops just below. I also mentioned BBBY but not yet. PLEASE WAIT. I want to watch early action today. I think the…
Good cover on RL today…just didnt feel good about it. Market down big monday…up big tuesday…down big wednesday? We shall see. Nevertheless, market is still not on a follow through but think you can take small positions in SWI,TJX right here off the 50 dayand maybe BBBY depending on tomorrow’s open. We use a break…
[email_link] Under the cover of blah blah blah…green blah blah blah…it is always about more taxes. How will taking money from the producers and giving to you inefficient weasels help the economies around the world? Read this: Christine Lagarde, the head of the International Monetary Fund, has warned that the world risks a triple crisis…
Cover the RL…could be wrong but better safe with this whipsaw…especially with the euro trying to act better. Would rather be safe.
Well…I told you so. Sometimes, I get a feel that market is entering a whipsaw period where upside is not much but downside is not much. As I told you, I think last week’s lows will hold for now…and today’s action, so far, may be putting the stamp on that. The “potential” good news is…
