9:00am (EST) We mentioned yesterday we were excited about the market going lower because A) it proved our homework back in August was about to pay off and B) our subscribers have made a wheelbarrow full of money over the past few weeks following our option recommendations. Of course, 2011 hasRead more
Market Hits Fresh 2011 Lows
Netflix Headed For $100 – or Lower
12:45pm (EST) Futures were strong throughout the night and this morning as they were pointing towards a slightly higher open even before the latest unemployment figures were released. The bulls got a bonus package when Initial Claims came in at 391,000 versus expectations for 419,000. The break below 400,000 wasRead more
Bears Stop Skid, Looking for More
Market Sees Green
12:50pm (EST) Futures were pointing towards a strong open this morning on word the International Monetary Fund (IMF) was preparing new plans for fixing the financial conditions in Europe. A possible interest-rate cut by the European Central Bank (ECB) for the region could be in the mix but some cautiousRead more
How ya' Like Them Apples?
9:00am (EST) September is quickly becoming a month to remember as the volatility continues. Yesterday’s action was all about the bears and the panic on Wall Street had a snowball effect that turned into an avalanche. The bulls had no chance given the global selloff before the open and the dismal economicRead more
Bulls Push Next Layer of Resistance
Bulls Hold Fort
Bulls Looking For Hat Trick
9:05am (EST) The bulls scored another victory over the bears on Tuesday for their second straight win in a choppy session well defined by Europe’s woes. As 2Q earnings season winds down, corporate news is starting to slow as we look ahead to 3Q earnings. Over the next few weeks, there couldRead more