We are technically still in bearish territory. When you look at where SPY (for example) is trading (or you can also take a look at SPX), it is still trading below 200 day MA. It however knocked on that resistance several times (which may be a sign of a break thru sometime in the future). Continue reading →
Making 45% Annually Trading Options Against Dividend Growth Stocks
Posts Tagged With 'crisis'
Stocks ended higher today
Late rally today pushed DOW index back above 12,000 points on Euro optimism. In my opinion this optimism doesn’t take into account Italy’s problems with ECB and bonds rate rocketing up. As per the news, the rally started at 2 pm EST on news that Greece will receive the latest installment of emergency aid. However, Continue reading →
Funny Money
It is really funny watching what the market is doing these days. Optimism replacing pessimism within days. Last week we heard what the worst week for the markets it was since 2008 and today we see a great optimism again just to be replaced with a pessimism next week. Today, the news are trumpeting how Continue reading →
Picks 10/05 – 10/09
New stock picks this week: Discover Financial Services (DFS) RINO International Corp (RINO) Visa (V) Existing & new holdings:
What can we do to save our economy?
This is a post from Hello Suckers As the president-elect Barack Obama said; “It will not be any quick easy fix…” he was very right about it. [tag]FED[/tag] took some not easy, but wrong steps at the beginning of this crisis, which prolonged this agony and started the drop-down spiral, the exact same way as Continue reading →
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