There are many many news media out there excitedly creeping around “finally solved” or “European hopes” bushes (read: news). The news media such as Yahoo or CNN Money are among them. Almost worthless to read it! However, you can find commentaries out there that are not that optimistic and that are providing with more realistic, Continue reading →
Making 45% Annually Trading Options Against Dividend Growth Stocks
Archive for November, 2011
How are you positioned in this market?
Today the central banks claimed their will to allow unlimited access to dollars for whoever needs them. Don’t be too excited. It will not be you or me who can ask for the new printed money. It will be given to those who spent them recklessly and now need a bailout. How often have we Continue reading →
Germany is seeing debt crisis problems
On Wednesday Germany offered a new set of 10-year bonds on Wednesday’s auction for about 6 billion Eur. Due to lack of interest from investors, almost 3/4 of of the offer wasn’t sold. One reason could be the upcoming holiday here in the US so the volume was low overall. However as Reuters mentioned this Continue reading →
ACE in a bullish trade setup
ACE Ltd is now creating a new bullish trade setup. After nice run up in previous month the stock created new 52-day year high price and now is pulling back to 50 day and 200 day moving averages. It is in 50% retracement zone and it would be expected that the stock bounces back up. Continue reading →
Is Mercadolibre (MELI) breaking down? Let’s protect it!
I have a long stock position in Mercadolibre. Last Friday the stock seemed to break down from a narrow consolidation sideway range trend which occurred after a large runaway gap. Normally this would be a healthy move, but at the market environment like these days, the market can drag this stock down. This break was Continue reading →
Autonation (AN) range trade
Autonation is a stock trading in a range. Today it rebounded from the support line (see green horizontal line) and it seems it may go up to the upper resistance line (see higher green horizontal line) to complete another wave of range trending. Click to enlarge However, there are two obstacles on the way. The Continue reading →
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