11:55am (EST) The spin machine is in full circle as the Head Zombie continues to blame the Republicans for the government shutdown at a pep rally in Maryland. He continued to preach about how rosy the Affordable Care Act is and that it is the law of the land butRead more
On the Brink
Bulls Rebound but Rally Fading/ Profit Alerts (JCP/ DMND)!!!
12:00pm (EST) (EST) The bulls pushed resistance and the top of the trading ranges after the open this morning but zombie talk halted the momentum as the indexes have backed off their highs. We will spare you the details as there weren’t many anyway in a three-sentence statement from theRead more
JC Penney (JCP) Sinks to Single-Digits/ New Trade!!!
12:30pm (EST) Shares of JC Penney (JCP, $10.30, down $1.60) are at 12-year lows following today’s 12% plunge and our subscribers couldn’t be happier. We often remind investors that have never shorted a stock or bought put options that the strategy is no different than buying a stock in hopesRead more