Author: charlie

Quote Corner

The key to long-term profits on Wall Street is not making big killings, it’s not getting killed. -Daniel Turov (Turov on Timing)

April 27, 2009 April 27, 2009 By charlie In Comments Off on Quote Corner

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

The S&P 500 Bullidex rose 6.71% to close at 169.4, indicating a fall in volatility relative to the percentage of rising stocks. On April 20th, the Bullidex began to register a downtrend as risks rose and the number of good stocks fell. The market is growing increasingly unfavorable for investment, so consider raising stops, cutting…

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April 26, 2009 April 26, 2009 By charlie In , , Comments Off on S&P 500 Bullidex ($ES_F $SPY $SPX)

Quote Corner

The incestuous relationship between government and big business thrives in the dark. -Jack Anderson (Washington journalist and author, Peace, War and Politics, 1922-2005)

April 22, 2009 April 22, 2009 By charlie In Comments Off on Quote Corner

52-Week Highs and Unhappy Shorts ($GMCR $QSII)

This screen identifies stocks at 52-week highs with a high percentage of the float short. Green Mountain Coffee Roasters and Quality Systems are trading at all time highs. GMCR manufactures a addictive digestible psychoactive, along with doo-dahs that compliment the caffeinated lifestyle. QSII operates in the health care information technology sector, no doubt mining data…

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April 22, 2009 April 22, 2009 By charlie In , 2 Comments

Twitter Ticker ($AAPL)

The Pod People have had a nice run since the March shakeout, and while I think Apple is due for an ass kicking, it is best to go with the flow. The trend remains higher with price well above the upper Bollinger, signaling buying pressure. That said, resistance is heavy and the rally has occurred…

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April 22, 2009 April 22, 2009 By charlie In , 1 Comment

Enjoy the Holiday

[vodpod id=Groupvideo.2400200&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] more about “bonethugs- weed song“, posted with vodpod

April 20, 2009 April 20, 2009 By charlie In Comments Off on Enjoy the Holiday

Municipal Bonds ($TFI)

Despite the lack luster moniker, SPDR Lehman Municipal Bond ETF (TFI) is near all time highs and rising on increased volume. How much further it will rise is uncertain, but the uptrend appears to be gaining momentum.

April 20, 2009 April 20, 2009 By charlie In Comments Off on Municipal Bonds ($TFI)

Quote Corner

There is nothing like a ticker tape except a woman – nothing that promises, hour after hour, day after day, such sudden developments; nothing that disappoints so often or occasionally fulfills with such unbelievable passionate magnificence. -Walter K. Gutman (Financial analyst, described as the “Proust of Wall Street” By New Yorker, You Only Have to…

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April 20, 2009 April 20, 2009 By charlie In Comments Off on Quote Corner

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

On Friday the Bullidex rose 9.78% to close at 194.4, breaking the January highs! The uptrend remains intact as the bears get skinned by some ballsy bulls. There is no reason to bet on a pullback until there is some evidence of weakness. Volatility remains in a downtrend and there is an increasing number of…

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April 20, 2009 April 20, 2009 By charlie In , , Comments Off on S&P 500 Bullidex ($ES_F $SPY $SPX)

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

The uptrend remains intact as the S&P 500 Bullidex rose 5.04% to close at 177.1, indicating less volatility amidst more rising stocks. A rising Bullidex is a buy signal as the market exhibits stability and better odds. Note how the March low failed to break the October low, a positive change in the market hidden…

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April 16, 2009 April 16, 2009 By charlie In , , Comments Off on S&P 500 Bullidex ($ES_F $SPY $SPX)