The big event for this coming week will be the vote on the proposed rescue package. The wild ride in the market continues to serve as a showcase for diversification and illustrates in real time the reasons why investors should consider it THE first line of defense to hedge any portfolio.
What We Are Doing [...]
The big event for this coming week will be the vote on the proposed rescue package. The wild ride in the market continues to serve as a showcase for diversification and illustrates in real time the reasons why investors should consider it THE first line of defense to hedge any portfolio.
What We Are Doing [...]
As we go to press, news of the proposed rescue package is all over the news. [FULL TEXT]
While Larry Summers obviously had his analysis in the can prior to the announcement, what remains to be seen is how many house Republicans will vote for the deal tomorrow given the “bailout revolt” from their constituents. [...]
The stock scan conducted after the close on Friday found 27 winners and 115 losers:
VIEW THE SPREADSHEET online and if you wish to save it to your own computer, click File > Export.
Using The Scan
The stock scan is designed to find stocks that are currently in play; criteria includes price movement, range and liquidity (500,000 [...]
A stock scan performed after Friday’s close for “the cross” found two stocks that might be instructive:
PepsiCo, Inc. (NYSE:PEP))
CommScope, Inc. (NYSE:CTV)
The 50/200 “Cross”
The thesis goes something like this: the up or “golden” cross (50-day MA moves above 200-day MA) is supposed to be bullish while the down or “death” cross (50-day MA moves below 200-day [...]
Standard & Poor’s announced yet another component change to the S&P 500 Index DOWNLOAD PDF: Washington Mutual, Inc. will be replaced by Flowserve Corporation (NYSE:FLS).
Here are the price charts for the incoming company:
Flowserve Corporation (FLS)
Daily Chart with 50- and 200-day Moving Average
Daily Chart with InVivo Swing Trading Tools
The mailbag is full again:
Rakesh (September 16, 2008):
Where do you think we are in the Investor Sentiment Cycle for the US Markets? A Panic?
Teresa:
Seems like it. You can see them panicking all over the TV today!
Rakesh:
2B test of bottom on the daily s&p, naz and dow, no? Looks like a good stop run [...]
Forget the drama of this week for a moment. Which cornfield would you take your kids to?
This one?
An image of ‘American Idol’ television star David Archuleta titled “Archuleta 4 President” provides the design for the 13th Annual Cornbelly’s Corn Maze and Pumpkin Fest at Thanksgiving Point on Wednesday, Sept. 24, in Lehi.
Or this one?
A [...]