If anyone has nagging feelings of uncertainty about what the future holds for the market and the economy, the message has been broadcasted loud and clear. Rahm Emanuel, the Chief of Staff of the Office of the President-elect:
You never want a serious crisis to go to waste. What I mean by that is it’s an [...]
These are the settings that I use when looking at stocks. Some indicators can be helpful but usually I think they just junk up the place and add more unnecessary things to worry about. Let me know if you have any other settings you like!
One of the consistant things I have found between a wide variety of trading/investing strategies is to invest in sectors that are leading the market. Finding this information is typically difficult when just looking at price lists on Yahoo Finance. The great news is you can now get a snapshot of the market and easily [...]
Things looked pretty good today as stocks advanced bouncing off support. Unfortunately, things aren’t all peachy. It is scary to me to see stocks finish under the 200 SMA after being above it for a while.
So, what we are looking for tomorrow is for stocks to continue the move higher on higher than average volume. [...]
Okay, EXM: Excel Maritime Carriers
With the BDI getting slammed, I am a little concerned holding EXM through earnings 8/11/08. I have done my homework and have come to rationalize several reasons for the pullback? (no paticular order)
1/ Olympics in China
2/ China drawing down Iron Ore stock piles.
3/ Iron Ore negociations not finalized
4/ Fear of decling [...]
