Tuesday, July 31, 2007
inserts from investors.com & StockScouter
Monday, July 30, 2007
Some stocks that met with (or rebounded off of) their 100-day EMA's post-correction:
Some stocks that met with (or rebounded off of) their 200-day EMA's post-correction:
Sunday, July 29, 2007
CROX - Who'd-a thunk it?AA - looking for support from it's 200EMA.
However, on a longer time frame we could see a continued downside:
GS- Goldman Sachs couldn't get no lovin'. $189 looks like a good area of support.
GS on the weekly time frame:
AKS has fared well:
Saturday, July 28, 2007
It's been a while since I've posted anything about the wine I'm drinking (my last post featuring the Prisoner wine). So, this weekends feature is the Monticelli Brothers and their 2005 Mario Sangiovese from the Russian River Valley. It should go without saying that if I'm posting about it then I love drinking it. If you're not familiar with a Sangiovese varietal, take this bottle with you to your favorite Italian restaurant and thank me later. Sangiovese has its roots in Tuscany and is the backbone of most Chianti wines (which are upwards of 90% Sangiovese, and rounded off with lesser known blending vareitals). It's not clear from the label what the percentage is of Sangiovese fruit, but next time I run into the winemakers I'll find out and update this posting. The first thing that jumps out at you is the distinctly California fruit bouquet (think spicy strawberry), that's cut with a fair edge of vanilla oak. It has a light and crisp body with a little bit of acidity that makes it work so well with pasta dishes, tomato sauces, pizzas. It's not as earthy as a lot of Chianti's can be, which I typically prefer, and the oak seems to lend a sweetness to the wine rather than a tar element. The best part of the experience is this bottle retails for $28. One footnote here; I drank my wine in crystal wine glasses, which can completely transform a wine. Don't believe me? Try it out for yourself. *salut!*
Friday, July 27, 2007
Thursday, July 26, 2007
The Russell2000 is hurtin'.
———-START COPYING HERE ———-
Geek Train - All aboard!
1 - Write a short paragraph at the beginning of your post and linkback to the blog(s) that put you on the list in the paragraph. You MUST do this. No-one plans on getting slapped for duplicate content any time soon, do they?
2 - Next, copy the list of originals below COMPLETELY and add it to your own blog. If you’d like a different keyword for your blog then change it, when you do your post, and it should pass to most blogs with that keyword, provided the train keeps on spreading.
3 - Take the adds from the blog that added you and place them in the “Originals” list.
4 - Add at least three new favourite blogs of yours to keep the train going, e-mail the blog owners (or comment on one of their posts) and insist that they post. The Originals:
(The satirical saint) Craig Kohler
(The kick-ass) Nate Whitehill
(The original) WallStreetFighter
(The crafty two at) TechRave
(The AdSense ‘dude’) Michael Cheney
(The overclocker) Shawn Knight
(The incredible) Chris Hooley
(The rhetorical) Michael Kwan
(The talented) Leo Chiang
(The root of all evil) John Chow
(The business dude) Josh Mullineaux
(The absurdly loud) Ed Lau
(The mastermind) Jon Waraas
(The yaketty) Stephen Fung
(The wickedly cool) Everton Blair
(The uber blogger) Ms Danielle
(The enterprising) Matt Coddington
(The career minded) Jane May
(The legendary) Gary Lee
(The nifty) Dosh Dosh
(The ambitious) Jeff Kee
(The Down Low) Shawn Low
(The reviewer) Thomas De Maesschalk
(The Post Whore) Derrich
(The Bitchy Mogul) Bob Buskirk
(The Anti-Social) Matt Propst
(The Hawk) Gregg Hawkins
(The Carpenter) HMTKSteve
(The Artist) Web Urbanist
(The Popularity Booster) Romlet
(The Funny Money Linkster) WallStreetFighter
(The Oldschool Blogger) Disassociated
(The life Coach) Agent Sully
(The Thinker) Ilker Yoldas
(Baby steps to big money)Fufunik
(The Sexy Swing Trader) Trading Goddess
(The Rajun Cajun) MadStocks
(The Forex Trader) Grace Cheng
(The Short Squeezer) Squeeze Shorts
(The Prehistoric Trader) Dinosaur Trader
(The Glass Artist) Calyxann
If I missed anyone leave a comment and I'll add you. Thanks all!
Wednesday, July 25, 2007
"Net income rose to 141.9 million yuan ($18.8 million)...from 58.5 million yuan, or 1.69 yuan, a year earlier, the company said today in a statement. Sales more than doubled to 401.3 million yuan, beating analysts' estimates. Baidu expanded its market share in China, where it leads closest rival Google Inc. by more than 2 to 1."
" China was home to 162 million Web users at the end of June, second only to the U.S., according to data from the China Network Information Center." --That's only 1% of the population!!! Compared to nearly 70% of the population in the United States (232+million) are internet users. Lot's of potential for Baidu as the internet using population grows in China. If 70% of the population in China were using the internet that would be over 1 billion users!!
"Apple Inc.'s fiscal third-quarter profit soared more than 73 percent, fueled by demand for its Macintosh computers, the strength of its iPod media players and the sales of 270,000 iPhones in the first two days on the market...For the quarter ended June 30, Apple's profit rose to $818 million, or 92 cents per share, up from $472 million, or 54 cents a share in the year-ago quarter. Sales grew to $5.41 billion from $4.37 billion last year. Analysts polled by Thomson Financial expected Apple to report earnings of 72 cents per share on sales of $5.28 billion while Apple itself had projected earnings of 66 cents per share on quarterly sales of $5.1 billion."
After reading this post today at TickerSense I wasn't suspecting such a drastic leap in price (maybe that's just the reason I should have gone long overnight). Even though the information posted is certainly worth considering in making a play on Apple overnight through an earnings report, the stock/company is not the same it was from a year or two ago. They are making the products everyone loves and wants (how many people do you know own a Zune?). From my own experience, if I were to get another computer I would definitely get another macbook pro like the one I have now. I mean come on, two operating systems on one laptop, you just can't beat it. And I think people are finally coming around to realizing that. We won't even go into the iPod/iPhone/iTV products. Apple is large and in charge, demanding the respect it's had coming.
The Singularity is Near!
Tuesday, July 24, 2007
NTRI's customer base is (literally) growing. FYI...66% of Americans are overweight. That's nearly 200 million people!! Not only that, but it's projected that by 2015 (a mere 7.5 years) a full 75% will be overweight. That's insane!!
Big time hurt-down put on the Energy sector. Big time sell-off in the DJIA end-of-day on high volume, but it found relative support at the 20EMA.The Russell2000 was fed a plate of whoop-ass today; falling through its trendline and not quite down to the 200EMA.
S&P500 dipped just below its trendline. Looking for a bounce back above the 50EMA tomorrow, or else...b-bye.As for the Nasdaq; more selling, bringing the index down to the lower range of it's channel still above it's 50EMA. The selling could have been a lot worse for sure.
Monday, July 23, 2007
Sunday, July 22, 2007
An excerpt of interest from the post being: "While the spot price of gold has yet to reach the swing high in April 2007, the Philadelphia Gold BUGS Index (HUI) has just surpassed it. If this sort of disconnect continues, either the price of gold has to run up to catch up, or the gold stocks will fall to realign with the commodity."
Gold Stocks: MDG, NEM, CDE, GG, GSC, GSS, RGLD
Saturday, July 21, 2007
Friday, July 20, 2007
I kid of course.
Thursday, July 19, 2007
...it's the new Taser C2! For less than the cost of an iPhone you can own a piece of personal protection that's purely priceless. With a range of 15 feet, a lithium ion battery good for up to 50!!! uses (in case you just happen to be a scumbag magnet), and available in designer colors it's the latest family protection device brought to you by Taser International Inc. (TASR).
Recently released (and causing stock prices to rally) this newest product line is smaller, sleeker, and sports a "non-gun design" (just so police won't do an Amadou Diallo on your ass). This baby can penetrate up to 2" of clothing and has a 95% effectiveness rate. But wait...the Taser C2 also has a laser-guided aim!! Need I say more? In case you're wondering; "Doesn't this open the door for every maniac and/or sadist in the world to carry around a taser?" You'll be relieved to know, these weapons can only be activated after the purchaser passes a background check.
Screw the iPhone, I know what I'm getting my wife for christmas. Check out the taser in action.
Wednesday, July 18, 2007
The first being an argument for reasons to believe why China might be nearly where it currently is ten years from now. Basically, big population = big beaurocracy = bigger hurdles to overcome.
"A more intractable problem is China's power structure itself. Although Beijing holds a monopoly on politics, local Communist Party officials enjoy wide latitude over social and economic affairs. They also have huge professional and financial incentives to spur GDP growth, which they often do by ignoring regulations or lavishing companies with perks. As a result, China has built a bureaucratic machine that at times seems almost impervious to reform. Even if Beijing has the best intentions of fixing problems such as undrinkable water and unbreathable air, it is often thwarted by hundreds of thousands of party officials with vested interests in the current system."
"Too many nuances of the TICK exist to cover in a single article. An important one, however, is to observe unusually large thrusts in TICK values...A large jump or drop in the one-minute TICK readings indicates that baskets of stocks are either being purchased or sold. It isn’t small retail traders executing such baskets, but rather, this is a footprint of institutional traders. By tracking whether the big jumps are primarily occurring in the positive or negative direction; by observing whether they are coming early or late in a market move; and especially by noting how the jumps are affecting price, it becomes possible to align your trading with that of the “big players” in the market.
Ultimately, it’s those large traders that move price. When they are repeatedly hitting bids of lifting offers, they’re tipping their hands in the market auction. It pays to be a market shrink and analyze what they’re doing!"
Tuesday, July 17, 2007
Monday, July 16, 2007
Saturday, July 14, 2007
On the daily chart there's resistance at $5.09, with an ascending triangle taking shape.
And finally, on the 15-minute time frame $5.10 is acting as a pivot point.
MVIS also has a pretty high short interest around 10.6%. Would be nice to see it squeezed.
Thursday, July 12, 2007
Wednesday, July 11, 2007
Of course nothing with technical analysis is cut-and-dry. One must wait for confirmation (hindsight really) to say for sure if a pattern was what you thought. And it could be that in my technical analysis adolescence I'm missing a key factor that could discredit my observation. At any rate...In question is the S&P500 daily chart and what looks (to me, the not so trained eye) like a Triple Top formation. What has taken shape are 3 peaks that approximate each other in price. There's also lower volume on the 3 peaks with increasing volume at the break-downs. Triple Top confirmation would come with a close below the support level at the two valley points around 1485-87 range (preferably a close under this level on high volume). Of course, I could be completely wrong and we could see a huge bullish engulfing candle that bounces off its trendline, and takes out the previous three highs, in which case hindsight would have proven my observation incorrect (though that could set things up for a head-n-shoulders pattern).
It's all about the Nasdaq at this point anyway, right?