Archive | November, 2007

Technical Snapshot: S&P 500 Index

Here’s something to contemplate this weekend. This is the daily chart of the S&P 500 index.  My guess is that many technical traders have a trend line drawn like this, one that connects all the important closing prices.  And we know, of course, that they like to sell on break of the line.  With price action thisclose to the line, my guess is [...]
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Press Digest for Friday

Mind reading, spirituality, happiness? One of the big ideas typically associated with Chicago GSB is the principal theory of classical economics: that consumers are completely rational people who always behave in their own best interests. So how did the school wind up with eight psychologists on the faculty who study human limitations and say the fully [...]
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Starbucks: In Need of an Extra Shot

Starbucks guided lower after the close and the stock is down in after-hours trading. Articles questioning their expansion strategy and other woes abound. The sharks are circling and it shows. Since April, it’s only had a handful of days where its relative momentum was above zero. Viewed another way, SBUX has had only three weeks of green [...]
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Trading Ideas for Friday

The stock scan conducted after the close on Thursday found 4 winners and 87 losers. » DOWNLOAD SPREADSHEET These stocks have been ranked and sorted with the rest of our lists: the largest 300 ETFs by total assets, the constituent stocks of the NASDAQ 100 and the S&P 100 indexes, the list of optionable CBOE, AMEX and [...]
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Press Digest for Thursday

The Latinobarómetro Poll: A warning for reformers [Editor: Greenie says it in his book: The people just find market economies...stressful. Buy hey, that is the price of liberty.]  Despite four years of solid economic growth and, in many countries, low inflation, Latin Americans continue to grumble about their democracies.  In some countries in the region — [...]
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Trading Ideas for Thursday

The stock scan conducted after the close on Wednesday found 17 winners and 11 losers. » DOWNLOAD SPREADSHEET These stocks have been ranked and sorted with the rest of our lists: the largest 300 ETFs by total assets, the constituent stocks of the NASDAQ 100 and the S&P 100 indexes, the list of optionable CBOE, AMEX and [...]
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Take a Chill Pill: It’s Simply The Winner’s Curse

Navigating the market requires focus and discipline.  When it becomes unglued from time to time, the boys are separated from the men.  As the shakeout continues, the cries of “no fair” have been getting louder as those that need to deflect attention away from their own poor performance start to play the blame game.  One high-profile blogger summed it up this morning for his flock with a plea [...]
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Press Digest for Wednesday

Third Quarter Earnings in Focus CNBC’s Geoff Cutmore discusses the recent spate of third-quarter earnings with Michael Thompson, managing director Thomson Research at Thomson Financial. Fed’s Fisher Sees ‘Sustainable’ Growth, Inflation Risks Federal Reserve Bank of Dallas President Richard Fisher speaks in Sydney about credit market conditions, inflation risks and the outlook for the U.S. economy. Fed Chairman [...]
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