Simple…

Setting up my own website and email is turning out to be easier than I expected. Unfortunately, creating content is not, but expect regular updates as I undress my virtual avatar for the leering trolls on the interwebs.


Blogging from my android

New doors are opening…


New High Short Squeeze ($PCLN)

Priceline.com has been a winner since breaking past 119 on July 20th, subsequently rising 25% in less than a month. As a stock making new highs with a large percentage of the stock short, the squeeze has been a thing of beauty as PCLN flies past 2008 levels. Trading in an uptrend above a rising…


Quote Corner

There is no tool to change human nature… people are prone to recurring bouts of optimism and pessimism that manifest themselves from time to time in the buildup or cessation of speculative excesses. -Alan Greenspan (Fed Chairman 1987-2006, July 18, 2001 monetary policy report to the Congress)


Twitter Ticker ($FRE)

Freddie Mac is hot on StockTwits as the government sponsored mortgage giant surged over 125% after reporting a profit. As I mentioned here, try to ignore public perception, financial companies related to mortgage securitization are prospering; look at AIG and Fannie Mae. Breaking to multi-month highs with strong volume, FRE is trading in an uptrend…


NASDAQ McClellan Oscillator ($NAMO)

The NASDAQ McClellan Oscillator, a short term breadth indicator, began a downtrend on Wed. Whether this turns into a sustained move lower remains to be seen, but it is an early warning sign that you should be aware of. To my dismay, I was stopped out of one of my favorite leading stocks, STEC. Weakness…


Quote Corner

It’s not what you say. It’s what they hear. -(A sign in an advertising office)


Twitter Ticker ($AIG)

American International Group was hot on StockTwits as the insurer opened below $14 and closed at $22, a remarkable daytrade indeed. Whatever voodoo catalyzed the squeeze remains to be seen, though my sources tell me it involved monkey flatulence and Franz Geithner. Though AIG is in a primary downtrend, the secondary trend is above the…


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

The S&P 500 Bullidex formed a new high as it rose 4.05% to close at 308, indicating an increase in the number of rising stocks relative to volatility. Although the S&P 500 has yet to trade above the September 2008 level, the Bullidex shows internal strength comparable to May 2008. With volatility making lows and…


Twitter Ticker ($RIMM)

Research In Motion is getting attention on StockTwits as many technicians are seeing breakouts. On June 19th RIMM was trading at 72.78 when I posted this, “a break below 70.87 may encourage more selling, but trading above the upper Bolllinger in a rising trend calls for buying the dip.” Looks like things have played out…