In The Money
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Posted 3 days ago
The market may be expressing some disappointment with the fact that no major announcements came out of the G-20 meeting over the weekend, at least nothing investors can hang their hats on today.The G-
Posted 6 days ago
I mentioned this morning that if the SPX closed above 880, it would still be considered a win for the bulls. The SPX closed at 873, so we didn't quite maintain the levels I was looking for. Once aga
Posted 6 days ago
The market is lower in the first hour of trading, but it is still early. I would say that if we give back half of yesterday's big move, that would be considered a win for the bulls. The levels I a
Posted 1 week ago
Today was another example of the types of big single-day moves you see in the market with the volatility index (VIX) as high as it has been. Most of the big days have been to the downside, but we hav
Posted 1 week ago
Last night, Intel (INTC) lowered its revenue guidance for Q4 by quite a bit. Also, Applied Materials (AMAT) gave a disappointing outlook as well. This pushed the futures lower, and spurred declines
Posted 1 week ago
The market declined steadily throughout the session today, amid more negative news on the consumer, and continued concerns about the global economy.Best Buy (BBY) slashed its earnings guidance after m
Posted 1 week ago
The market is lower this morning on continued reductions in earnings estimates and general macroeconomic concern. Google (GOOG) had its earnings estimates reduced by Goldman, and several other compan
Posted 1 week ago
Someone sent this to me over the weekend. It was titled 'Morning After'.I thought I would share it:
Posted 1 week ago
The market opened on a high note this morning after news that China would implement a huge stimulus package sparked rallies in Asian markets overnight. Also, the government said it was revising the t
Posted 1 week ago
Here is an article I wrote for TheStreet.com this week:With the election over, investors are clamoring for ideas and trades that will work under the new administration. That is, given the new policies
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