Financial bloggers are fond of opining, writing volumes of posts that tend to repeat a macro theme until the cows come home. I have no idea where they find time for such verbiage, but given readers are not 5 years old, I say it once, and once only.
In case you missed the July 2008 [...]
The investment world has more than its fair share of characters.
While we’re already familiar with The Doomster, it’s the Robert “I dare you to call this a regular battery” Conrad phase of a manager’s career–the part where everyone (and most of all, you) think you’re God–that tends to tempt fate and gathers steam for eventual [...]
A stock scan performed after the close for “the cross” found one stock that might be instructive. There were no ‘golden crosses’ with today’s market action:
Amedisys, Inc. (NASD:AMED)
Amedisys, Inc. is in the healthcare facilities industry. Deutsche Bank analysts downgraded AMED last week on concerns about a growing number of patients who are unable to [...]
The S&P 500 Index closed above the October 10 swing low today, triggering the “Mr. Magoo” reversal scenario laid out on November 14 and explained in a podcast last Thursday.
S&P 500 Index Closes Above October 10 Low
The key here is that tons of sellers got flushed in last week’s price action, namely those who [...]
The stock scan conducted after the close found 7 winners and 9 losers. The weekly ETF ranking was published on Sunday for members.
VIEW THE SPREADSHEET online and if you wish to save it to your own computer, click File > Export from Google Docs.
Winners and Losers
If there is a good swing trade setup on [...]
(It’s Pete’s turn to write)
Most traders have heard the old Wall Street stories like the following from legendary investor Bernard Baruch: “Taxi drivers told you what to buy. The shoeshine boy could give you a summary of the day’s financial news as he worked with rag and polish. An old beggar who regularly patrolled the [...]
Whole Foods Market (NASD:WFMI), the major high end retailer of organic produce and food, was on the losers list in Trading Ideas for Monday.
Whole Foods Market (WFMI)
Daily Chart with InVivo Swing Trading Tools
Whole Foods announced earnings earlier this month and made some interesting statements regarding the health of their business:
Shares of Whole Foods rise on [...]
A stock scan performed after the close on Friday for “the cross” found two stocks that might be instructive:
Aqua America, Inc. (NYSE:WTR)
Kellogg Company (NYSE:K)
Aqua America, Inc. (WTR)
WTR is in the water utility industry. The company provides water or wastewater services to many states around the country. Earnings were announced earlier in the month.
Daily [...]
