Month: June 2009

Quote Corner

If you torture data long enough, it will confess to anything. – Darrell Huff (How to Lie With Statistics, 1954)

June 8, 2009 June 8, 2009 By charlie In Comments Off on Quote Corner

Twitter Ticker ($AAPL)

Apple dominated StockTwits chatter as they kicked off the 2009 World Wide Developers Conference with new products and upgrades. Snow Leopard promises to be a faster and leaner OS, the  iPhone has finally received a virtual landscape keyboard, and the new MacBook Pro starts at $1199. Sweet. Looking back, this last post indicates that I…

Read More
June 8, 2009 June 8, 2009 By charlie In , , , , Comments Off on Twitter Ticker ($AAPL)

Twitter Ticker ($PMTI)

Palomar Medical Technologies is buzzing on StockTwits as it rose 60% intraday. According to Reuters, the FDA approved an anti-winkle laser for folks who want to stay at home to glow. PMTI’s strength is impressive as it holds above 2008’s resistance and trades beyond the upper Bollinger with a rising 20sma. The huge volume is…

Read More
June 5, 2009 June 5, 2009 By charlie In , , , , Comments Off on Twitter Ticker ($PMTI)

Quote Corner

Beware of inside information… all inside information. – Jesse Livermore (Early 20th century stock trader & speculator, How to Trade in Stocks, 1877-1940)

June 4, 2009 June 4, 2009 By charlie In Comments Off on Quote Corner

Twitter Ticker ($TIVO)

StockTwits chatter is focused on TIVO after it received a favorable court ruling in an ongoing patent dispute with Dish Network (DISH). Apparently people still watch television in America, enough to warrant a battle over DVR (digital video recorder) technology. Despite trading at 5 year highs, TIVO seems like an outdated concept to moi, but…

Read More
June 3, 2009 June 3, 2009 By charlie In , , , , Comments Off on Twitter Ticker ($TIVO)

Quote Corner

It wasn’t raining when Noah built the ark. -Warren Buffet (CEO Berkshire Hathaway, investor & philanthropist, b. 1930)

June 2, 2009 June 2, 2009 By charlie In Comments Off on Quote Corner

S&P 500 Bullidex ($ES_F $SPY $SPX)

The number of stocks trading above the 50dma is rising relative to volatility, which is more evidence of a strengthening uptrend. The odds for successful investment are increasing because the probability of purchasing a strong stock with less risk is growing. According to this chart, the S&P 500 stands at pre-Lehman failure levels, the green…

Read More
June 2, 2009 June 2, 2009 By charlie In , , , , , Comments Off on S&P 500 Bullidex ($ES_F $SPY $SPX)

Twitter Ticker ($HEB)

StockTwits chatter points to Hernispherx BioPharma, which is making big moves on huge volume as it breaks through the upper Bollinger. HEB develops drugs for chronic fatigue syndrome, genital warts and a few other viral maladies. Some guy has put a $9 target on HEB here, the math looks questionable, but I don’t believe in…

Read More
June 2, 2009 June 2, 2009 By charlie In , , , , 1 Comment

Quote Corner

Being uneducated is sometimes beneficial. Then you don’t know what can’t be done. – Michael Ott (Venture capitalist)

June 1, 2009 June 1, 2009 By charlie In Comments Off on Quote Corner

New High Short Squeeze ($DDUP)

According to Yahoo, Data Domain has received a bid from EMC for $30,  a 16% premium from today’s close. DDUP began appearing on my short squeeze screen, but due to the recent overall choppiness, I remained on the sidelines. The alignment of EMCs offer and DDUPs appearance on my screen serves as a reminder that…

Read More
June 1, 2009 June 1, 2009 By charlie In , , , Comments Off on New High Short Squeeze ($DDUP)