Still Bullish

“All hope abandon ye who enter here.”- Dante More political humor and posturing today. Boehner lost his happy face from last week and drilled the left for being silly. The Dems want huge tax increases , but have offered little in the way of cuts in entitlement spending. Boehner wants another pack of Camels and […]

Read More

Thank You D.C.

{+++} Things were just swell until about 2:30 today. As a matter of fact the market looked like it may have been trying to stage a rally. Then Harry Reid took the microphone and telegraphed how unhappy he was with the progress of the fiscal cliff discussions, and BAM!!!,  a quick 75 point hit for […]

Read More

The Wrap 11/26/12

{+++} The markets were slightly red today, but as usual, it started a bit of a move late in the day. This has been the story for over a week now. Bullish action in my opinion. Technology was strong as AAPL led the way. The stock popped through the level that I mentioned last night […]

Read More

Sunday Post 11/25/12

{+++} Well we begin the last week of the month tomorrow and we’ll see if there is a rush to own stocks as the possibility of end of the month performance chasing kicks in. Seasonally we are entering a time frame that can result in a bullish environment for the market. History doesn’t always repeat, […]

Read More

A Post Turkey Set Up

{+++} Here is a set up that I am adding to the P&L. Hope you guys had a nice Thanksgiving Day. Back to work. AFFY- We made a “ton-o-cash” on this one and it looks like it may be setting up for another run higher after its orderly pullback. Buy it on a breakout at […]

Read More

Happy Thanksgiving Everyone

{+++} “I celebrated Thanksgiving in an old fashioned way. I invited everyone in my neighborhood to my house, we had an enormous feast, and then I killed them and took their land”–Jon Stewart The market pulled off another higher close today as volumes pretty much shut down. We all will enjoy a well deserved day […]

Read More

Higher We Go

{+++} Monday’s action was a decent confirmation of Friday’s bullish reversal and yesterday was a very nice consolidation day for the bulls after Monday’s big move. The fact that the market sold off a bit yesterday and then came back to close flat was very bullish in my eyes. The markets are closed tomorrow and […]

Read More