Archive for February, 2010

  • Market keeps plowing ahead
    Posted by admin on February 28th, 2010 at 9:53 pm, Comments: 0

    Market has shrugged every bit of bad news in the past few days. The leading stocks are behaving nicely. The consumer confidence dipped but the retail sector is showing “no worries” attitude. It’s not the economic readings that would make anyone money but the stock market action. The action remains constructive and the path of [...]

  • 57.88% return in 10 weeks of real time trade alerts !
    Posted by admin on February 23rd, 2010 at 11:15 pm, Comments: 0

    It’s not the fancy analysis that makes anyone money. It’s the trade execution that matters. Our results speak for themselves. All the trades are easily replicable by most trading accounts. Keeping it simple is the mantra here. It reflects in the analysis as well as trade executions.
    It was tough few weeks in the market [...]

  • Market rolls on
    Posted by admin on February 22nd, 2010 at 12:22 am, Comments: 0

    Market surprised all those who thought that market would crater at the discount rate hike. Thursday’s close had tipped the hand on where the max expiration pain existed. It was a master stroke on fed’s part. They knew that announcing this ahead of the expiration would have the least impact on the market. The smart [...]

  • Market has found support (for now)
    Posted by vinaydh on February 16th, 2010 at 1:53 am, Comments: 0

    Market found support last week. The SPX 1060 level has held for now. For me the clue to cover shorts was when BIDU gapped up and continued rallying after the earnings. If a momentum stock like BIDU gaps up +$40 and keeps going higher, that’s not a sign of a weak market.
    The levels to watch [...]

  • Can the hammer save the market?
    Posted by vinaydh on February 7th, 2010 at 9:10 pm, Comments: 0

    It seems many are focussed on the hammer painted on the major market index charts last Friday. Technically it has bullish implications, more so since $SPX bounced after touching the 200ema.
    My thinking is that hammer or no hammer this market is headed down. I think at best it will give a reprieve for a few [...]

  • Short rallies
    Posted by vinaydh on February 1st, 2010 at 10:34 pm, Comments: 0

    This is not the market to be in love with the long side or catch falling knives. The leading stocks have started falling apart. GOOG has been weak for weeks now. AAPL, AMZN too have started sliding in right earnest. I think it’s way too early to talk of a bottom in the market.
    I am amused [...]