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Editorial

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It seems well-nigh impossible for a December to pass without some sort of movements in the CBOE Market Volatility Index (the formal name of the VIX, for those who may have a short memory) that leave investors scratching their heads. In light of this, it appears I will be responsible for at least one December post reminding investors about the…

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Yesterday I posed and (to some extent) answered the question, How Good Has the U.S. Data Been Lately? Today I have aggregated the performance relative to expectations across five groups of economic activity (manufacturing/general, housing/construction, employment, consumer and prices/inflation) and present those data and the S&P 500 index for the past two years. As the graphic below shows, both the…

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I Dare You Super Booster

by ZorTrades on October 28, 2011

in Stocks

No matter how well you are doing you must feed your mind positive things.  When I was a broker we normally had two meetings everyday, a stocks/market talk, and a motivational sales meeting to get the sales force riled up.  The sales meeting would normally start with the Rocky soundtrack, and then we would listen and  read a message from…

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What Is Leading Today

by ZorTrades on October 27, 2011

in Stocks

Here are the best performing industries for the day so far, anyone want to take a shot on why these industries are leading today.  What stands out is that Drug Wholesale and Drugs Generic are 2 of the top 10 ( I have not check if it’s one stock pulling up the group).  Surprised that a commodity related industry is…

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After such a big gap up, such a strong performance for the month of October in what seems to be news that has been anticipated and telegraphed here are some charts you might want to consider in ultra short term (2-5 days). SP500 after a 200 point rip, it is now testing its 200 day moving average; Telechart McClellan Oscillator…

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Netflix’s Little Secret

by ZorTrades on October 25, 2011

in Stocks

It looks like Reed Hastings not only likes to right letters rebutting short sellers, but he also likes to share secrets about his company while soaking in a hot tub. Here is tidbit from a New York Times article:  Reed Hastings was soaking in a hot tub with a friend last month when he shared a secret: his company,Netflix, was…

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Vampire Squid, GS

by ZorTrades on October 23, 2011

in Stocks

On Wednesday the 18th of October Goldman Sachs (GS) posted a loss for the quarter. The last time it posted a quarterly loss was the fourth quarter of 2008, right after the collapse of Lehman Brothers (December 2008).  Maybe now, just like then, the quarterly loss might provide an opportunity to own a stock whose shares have already priced in…

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Time To Be Selective, SPY

by ZorTrades on October 16, 2011

in Stocks

The market has had a PHENOMENAL October so far .  In late September we were staring at the abyss, now we can’t manage to go down for more than 30 minutes.  But remember, the market goes up and down, not up or down. From the lows of October 4, the SP500 is up 13%, right back to the top of…

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As I was reading this great post by Smart Money Tracker The Big Picture  I decided to throw my own longer looking charts.  They don’t look pretty and they really greatly curb my enthusiasm here at these levels.  I have not decided has of yet to put some actions behind these charts, however, the risk reward for short trades based…

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Short The Q’s. $QQQ

by ZorTrades on October 12, 2011

in Stocks

The $QQQ is up now 6 out of the last 7 days, up 13.8%.  Today, on the 7th day it gapped up completely above yesterday’s candle.  Its short term RSI reading- RSI 2 is 95.94 (extreme here in the short term).  Most of the stocks within the QQQ are up 5 days in a row.  Telechart McClellan Oscillator as I…

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The Buffet Way, BRK.B

by ZorTrades on October 10, 2011

in Stocks

Many investors believe that the best economic U.S. turnaround play is Bank of America $BAC.  I believe the best one is Berkshire Hathaway, the stock broke out technically today. Click here for the rest of the story: Buffett Helps Reveal Opportunity…

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