Archive | January, 2009

GMCR – Green Mountain Coffee Roasters Inc.

A scan performed after the close for “the 50/200 cross” trade setup found Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR). Daily Chart with 50- and 200-day Moving Average Green Mountain Coffee Roasters (GMCR) Green Mountain Coffee Roasters is in the specialty coffee industry. Their biggest competitor is SBUX which we know recently announced poor earnings. Even though GMCR has earnings [...]
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Gold, How Analysts Hedge Their Bets

Joachim Fels & Spyros Andreopoulos of the Morgan Stanley Global Economic forum wrote a piece [archived copy] called: Could Hyperinflation Happen Again? Clearly, this is an extreme scenario. Governments and central banks would have to jettison their commitment to long-term fiscal sustainability and keeping inflation low, and the public would have to lose confidence in their credibility. [...]
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Gold, a Thorny Issue for Managers

Even though I spent most of my working life in the securities industry, I was only a broker for a short time back in 1987. I was just not good at handling clients. Bad at sales. Good at trading. So when I saw Mebane Faber’s post yesterday, it immediately brought back memories: A [...]
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Gold Climbs to 3-Month High

Can you hear them all screaming, “It’s a breakout!”? Probably time to update the chart, eh? Bloomberg reported: Gold Climbs to 3-Month High in London as Fund Demand Increases Gold in the SPDR Gold Trust expanded by 1.3 percent to 843.59 metric tons, according to data on the company’s Web site. ETF Securities Ltd.’s holdings also reached [...]
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Correlation Heat Map & Volatility Clusters

Our correlation matrix (n=5) tracks the asset classes found in our model portfolios. The cells are colored so that red = highly positively correlated while blue = highly negatively correlated. In crash conditions, we would expect assets that are “normally” not correlated to become much more closely positively correlated: a lot of red [...]
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Market Barometers for Friday

Let’s take a look at our market barometers to see what the market says. The Mamis High/Low Barometer Justin Mamis took the 52-week new highs and new lows statistics for the S&P 500 index and plotted the 10-day simple moving average of the net differential. S&P 500: Mamis 10-day MA of Net New Highs/Lows He particularly liked [...]
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Trading Ideas for Friday

The stock scan performed after the close found 37 winners and 22 losers. VIEW THE WORKBOOK ONLINE VIEW AND DOWNLOAD WORKBOOK(click File > Export from Google Docs) 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 the day, 20-day [...]
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Chart of the Day: Exxon Earnings

Exxon is reporting tomorrow, and whatever the results, the company’s earnings will impact the S&P 500 in a material way: CLICK TO ENLARGE IMAGE NOTE: Royal Dutch Shell Plc, Occidental Petroleum Corp, and Petro-Canada all bombed out on lower crude prices. Windfall profits tax — bye, bye!
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