Month: June 2009

Quote Corner

Lack of money is the root of all evil. – George Bernard Shaw (Irish dramatist, 1856-1950)

June 30, 2009 June 30, 2009 By charlie In Comments Off on Quote Corner

Man Builds San Francisco With Toothpicks And Glue

[vodpod id=Groupvideo.2853781&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] more about “Man Builds San Francisco With Toothpi…“, posted with vodpod

June 30, 2009 June 30, 2009 By charlie In Comments Off on Man Builds San Francisco With Toothpicks And Glue

Twitter Ticker ($NVAX)

Novavax is on StockTwits radar as the flu vaccine company signs a deal with Spain’s health ministry to license technology and build infrastructure. Trading well above the upper Bollinger in an uptrend with a rising 20sma suggests that NVAX has more upside potential if it can stay above 2.25. This market can’t seem to get…

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June 30, 2009 June 30, 2009 By charlie In , , , , , , Comments Off on Twitter Ticker ($NVAX)

Fairy Tale Economics

June 29, 2009 June 29, 2009 By charlie In Comments Off on Fairy Tale Economics

Twitter Ticker ($FUQI)

Fuqi International (pronounced foo-chee) has caught the attention StockTwits as the Chinese jewelry company forms a bullish triangle breakout. Increasing Asian prosperity bodes well for this precious metals distributor and so growth expectations are rising. High above a rising upper Bollinger, 13.62 is the only visible support, so position accordingly. Broad market conditions continue to…

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June 29, 2009 June 29, 2009 By charlie In , , , , , , 4 Comments

Twitter Ticker ($PALM)

Palm continues to make multi-year highs and it’s causing plenty of StockTwits chatter. With the Pre in play, the market continues to bet PALM can give Research in Motion a run for their money and grab a few iPhone/AT&T haters. PALM is appearing on my favorite screen, along with memory manufacture magnate STEC and technical…

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June 28, 2009 June 28, 2009 By charlie In , , , , , , 1 Comment

NYSE McClellan Oscillator ($SPY)

The best market news I’ve seen is the positive move in the NYSE McClellan Oscillator. This is a very handy short term indicator, and it is saying we have more bounce on the way. It remains below the zero mark so I’m not in a rush to get invested, but I’m getting less cautious about…

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June 24, 2009 June 24, 2009 By charlie In , , , , , , Comments Off on NYSE McClellan Oscillator ($SPY)

Twitter Ticker ($MON)

Monsanto chatter has been germinating on StockTwits, but stockholders sipped the Roundup as it fell 3.96% to close at 76.16. Despite the hippie outcry, the GM seed business continues to thrive, but folks have taken to eating dandelions, and aren’t spraying weeds with herbicide. The stock formed a bearish triple bottom breakdown and is trading…

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June 24, 2009 June 24, 2009 By charlie In , , , , , , Comments Off on Twitter Ticker ($MON)

Financial Bullidex ($XLF)

Although the financial sector closed positive on Tuesday, the corresponding Bullidex fell .62%, to close at 159. Higher prices mask the internals of the sector, which is decreasing in bullish breadth relative to volatility. This divergence suggests that the rally is false, and that shorting XLF or FAS is a good idea. The XLF remains…

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June 23, 2009 June 23, 2009 By charlie In , , , , , , , , Comments Off on Financial Bullidex ($XLF)

Twitter Ticker ($BA)

Boeing is causing a stir on StockTwits as the company delays the 787 Dreamliner for a fifth time, closing the day down 6.46%. Unlike many stocks in today’s investment universe, BA has not breached the 2003 lows, which is an impressive feat. BA also remains above the 20sma, which has flattened and is beginning to…

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June 23, 2009 June 23, 2009 By charlie In , , , , , , Comments Off on Twitter Ticker ($BA)