Month: June 2009

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

The S&P 500 Bullidex rose 5% to close at 240, signaling a decrease in volatility relative the percentage of rising stocks. This indicates a favorable environment for investment as the odds of successful speculation are waxing. The upward breakout after a few weeks consolidation is healthy for the bulls as the S&P500 moves above the…


Twitter Ticker ($CSCO)

A glance at the StockTwits chatter reveals Cisco Systems will be replacing General Motors in the Dow Jones Industrial Average. Coincidentally, CSCO is trading above the 20sma for the first time since November 2007. Momentum remains with the bulls and a breakout looks likely. It bothers me to think of CSCO as the future of…