Posted 15 hours ago

By Patrick WatsonOn Thursday (3/11/2010) Direxion added six new funds to its menu, giving investors leveraged and inverse opportunities in the BRIC countries, India, and the semiconductor sector. Thi

Tags: india

Posted 1 day ago

While oil prices have recovered significantly, a few companies in the oil & gas industry are still undervalued. CE Franklin Ltd. (CFK) is one of them. CFK is a leading distributor of general oilfield

Posted 1 day ago

Retail stocks have been some of the best performers throughout this entire bull market. After today's stronger-than-expected Retail Sales report, more than half of the 31 S&P 500 retail stocks are tr

Posted 1 day ago

While we're on the topic of groups, below we highlight a chart of group short interest as a percentage of float. As shown, the Retail group is the most heavily shorted of them all with 11.20% of all

Posted 1 day ago

The S&P 500 still needs to gain about 9% to get back to its pre-Lehman level of 1,250. As we noted earlier in the week, Consumer Discretionary and Technology are the only sectors that have eclipsed t

Tags: software tech

Posted 1 day ago

Mastech Holdings (MHH) released its 2009 fiscal results back in February, though the 2009 10-K report was just recently filed. Back in August of 2009, I went through the company's 3rd quarter results

Posted 1 day ago

Risk trades are better, but still not quite there yetAs we suggested last week, risk appetites improved a bit this past week and most risky assets advanced, with the notable exception of precious meta

Tags: china data

Posted 1 day ago

Following the severe downturn we've had, many economists would probably agree that one key ingredient for a sustained economic recovery is a healthy (i.e., low level) of inventories relative to sales.

Posted 1 day ago

The mean-reverter in me is having flash backs to July of last summer. The technical parallels are fairly significant. In both cases, price tagged major support on the second leg of a w bottom, whi

Posted 1 day ago

Back in September 2009, I had recommended two trades in the PGM (platinum group metal) space. (The the recommendation is here.)Trade idea: