Month: July 2009

Twitter Ticker ($FSLR)

First Solar is lighting up StockTwits as the alternative energy giant’s earnings report creates an after hours roller coaster. For a great play by play, catch the breakdown at SMB Capital to see how the trade looked after numbers were announced. Despite the reversal down after the close, FSLR remains in an uptrend above a…

Quote Corner

To succeed in the markets, it is essential to make your own decisions. Numerous traders cited listening to others as their worst blunder. – Jack D. Schwager (Investment manager, author, Stock Market Wizards: Interviews with America’s Top Stock Traders, b. 1948)

Twitter Ticker ($YHOO)

Yahoo! is buzzing on StockTwits as the Internet information provider announces a deal with Microsoft. The Street seems unimpressed with the “news” as YHOO sells off 11%, breaching the primary uptrend with a secondary downtrend (new O column) Although it remains above a rising 20sma, it no longer enjoys the advantage of trading beyond an…

All Eyes On The Dollar ($UUP)

The USD has fallen over 10% since March, stirring up inflationistas and fueling the bull market. Since the beginning of May, the dollar has traded in a downtrend below a descending lower Bollinger band, forming a descending triple bottom on July 20th. While it seems unlikely that the Federal Reserve will raise interest rates due…

Quote Corner

The four most expensive words in the English language, “This time it’s different.” – Sir John Templeton (Founder Templeton Funds, philanthropist, b. 1912)

Quote Corner

Tell me and I’ll forget; show me and I may remember; involve me and I’ll understand. – Confucius (Chinese philosopher, 551-478 B.C.)

Twitter Ticker ($MSFT)

Microsoft chatter is up on StockTwits after the firm reported dismal numbers, sending shares down 7% after hours. Profits have dropped nearly 30% in the last year, suggesting that not all tech firms are created equal (see Intel). Despite the sell off after the bell, MSFT remains in an uptrend above a rising upper Bollinger,…

Quote Corner

A successful man is one who can lay a firm foundation with the bricks that others throw at him. – Sidney Greenberg (Rabbi, author, 1918-2003)

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

The S&P 500 Bullidex rose 3.33% to close at 270, a new high for the year and a big positive sign for the overall market. Volatility continues to fall relative to the percentage of rising stocks, providing an increasingly advantageous environment for speculative investment. There are tons of stocks hitting new highs, many of which…

Twitter Ticker ($AMZN) is causing a stir on StockTwits as the internet retailer announces a deal to buy for $807 million. The deal is a significant sign of recovery as M&A activities suggest increased risk taking and growth prospects. AMZN has formed a strong base over the last four months and looks primed for a breakout…