From one expected price level to the next – that’s how short-term trading works.
Right now, we face the next key level to watch – overhead resistance – at 1,100 and so we play another round of “will it break or will it hold.”
Here’s a quick update:
The 1,100 level is ’round... Continue Reading
Submitted ByTrader Mark
We re-established a position in bold;"> Quality Systems (QSII) in mid March [Mar 18, 2010: Restarting Quality Systems], but the recent selling pressure had us cutting back exposure; indeed we've cut it back sharply twice - first by 2/3rds in early May around $62.00, and then with what we had...
Submitted ByTrader Mark
Blue Coat Systems (BCSI) had a solid report last night but in a trend I am seeing in some other sectors (namely retailers) provided guidance that was below analysts estimates...
Submitted ByTrader Mark
Must be nice - no matter how underfunded your pension is or unrealistic the benefit is compared to those of the peon class who must deal with (mostly self funded) 401ks, Congress is willing to buy the votes with the taxpayers monies. If Congress is seriously willing to bailout PRIVATE pension...
Submitted ByTrader Mark
A fascinating read via CBSMarketwatch on how Morningstar's "stars" have come to dominate the industry. Being a mutual fund investor of one sort or another since the late 80s, this struck me - while I look at performance, the stars mean nothing to me. But it looks like in K.I.S.S. world, people...
Submitted ByCorey Rosenbloom
From one expected price level to the next – that’s how short-term trading works.
Right now, we face the next key level to watch – overhead resistance – at 1,100 and so we play another round of “will it break or will it hold.”
Here’s a quick update:
The 1,100 level is ’round...
Submitted ByTrader Mark
With the constant gap up or downs to open each session it is nearly impossible to do anything overnight with the general indexes, so I'm going to make some attempts on the short side with individual equities. I actually got both these ideas from "RevShark" over at Realmoney.com - when I looked at...
Submitted ByCorey Rosenbloom
If you’ve been trading based on major headline news this week, you’ve been whipsawed so many times. Even if you’ve been basing your daily bias off the opening gap, you’ve been whipsawed.
The last few days have seen a massive contradiction in where the overnight session traded and how the...
Submitted ByTrader Mark
Back to our regularly scheduled premarket rallies. Actually we were in this exact same spot 24 hours ago with a surge in premarket; groundhog day. Today's reasoning appears to be the Chinese saying they love European debt after all.Stocks and U.S. futures surged and the euro snapped a three-day...
Submitted ByTrader Mark
The mutual fund is now on schedule for a late summer.early fall 2010 launch. If, after reading the blog content you might have an interest in participation, please consider reading why this blog exists...
From one expected price level to the next – that’s how short-term trading works.
Right now, we face the next key level to watch – overhead resistance – at 1,100 and so we play another round of “will it break or will it hold.”
Here’s a quick update:
The 1,100 level is ’round... 
Submitted By 
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