Archive | October, 2008

Unsolicited Advice

Many of my younger quant friends went dark yesterday. Very dark. I wanted to send them an email but decided against it, so I’ll say it right here instead, sort of like Jennifer Aniston going to the water’s edge to scream: FROM THE MOMENT A PERSON ALLOWS THE LEVEL OF THE MARKET OR [...]
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Observations and Market Sentiment

What a day! Our Dow Death Clock expired just after noon Eastern, and the market never looked back. We owe JG a standing ovation. Bravo! We said to members yesterday: The InVivo Objective Sentiment Survey We mentioned on the weekend that there appears to be a divergence setting up in that the NASDAQ 100 Index made [...]
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Observations and Market Sentiment

What a day! Our Dow Death Clock expired just after noon Eastern, and the market never looked back. We owe JG a standing ovation. Bravo! We said to members yesterday: The InVivo Objective Sentiment Survey We mentioned on the weekend that there appears to be a divergence setting up in that the NASDAQ 100 Index made [...]
Read Article · More from Research & Analysis · Business News · Thought Exchange

Trading Ideas for Wednesday

The stock scan conducted after the close on Tuesday found 1 winner and 53 losers. In case you missed it over the weekend, our weekly ETF Rankings are now online. 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 shares on [...]
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Value Play or Value Trap? DE, CAT, BUCY & JOYG

In today’s article, we will review a couple of points that traders and investors must keep in mind while doing homework. We will use the construction and agriculture machinery industry and some of its constituent stocks as examples. Best of Breed The job of a stock picker is to find an industry with good future prospects. [...]
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Value Play or Value Trap? DE, CAT, BUCY & JOYG

In today’s article, we will review a couple of points that traders and investors must keep in mind while doing homework. We will use the construction and agriculture machinery industry and some of its constituent stocks as examples. Best of Breed The job of a stock picker is to find an industry with good future prospects. [...]
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The 50/200 Cross: NX

A stock scan performed after the close on Monday for “the cross” found one stock that might be instructive. There were no ‘golden crosses’ with today’s market action: Quanex Building Products (NYSE:NX) 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 [...]
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Observations and Market Sentiment

As we go to press, our Dow Death Clock has about 20 hours to go. We’ve seen two consecutive closes under the October 10 close, so all eyes are on this test of bottom. It’s almost hard to imagine that the 10/10 low will not be taken out, even if the test is ultimately [...]
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