Posts Tagged ‘XLF’

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  The Wrap 8/19/10- The Financials (XLF)
  UpsideTrader, August 19th, 2010 at 8:43 pm, Comments: 0

  Some ugly data sent stocks spiraling lower Thursday. The selloff slowed when the stock market approached its monthly low, though. After the close ARO, BCSI, CRM, DELL, GPS, HPQ and MRVL reported earnings.
  All ten sectors were in negative territory, led by financials (-2.4%), materials (-2.2%) and industrials (-2.1%).
  Tomorrow morning, no economic reports [...]

• Weekend Linky Dinks: Way Too Much Noise
  UpsideTrader, July 17th, 2010 at 7:00 am, Comments: 0

  “Everyone has a strategy until they get hit” -Mike Tyson
  Thank You. Thanks to the troglodytes that run our Congress. You did it again. FINREG was passed and Nancy Pelosi,who is third in line to be the leader of the free world got her way. I’m shaking my head so much that you could mix paint [...]

• The Morning Morsel-Greece is Back and SPY Goes For 15 in a Row
  UpsideTrader, March 18th, 2010 at 7:56 am, Comments: 0

  Germany has told Greece to pound salt again and suggested they go to the IMF for support. Yes, I said this would happen weeks ago, Germany doesn’t act alone as originally telegraphed by the Euro Pollyanna’s and really could care less if they even exist. As a result the Euro is sliding and the greenback [...]

• The Morning Morsel-Action in the Oil Patch
  UpsideTrader, March 11th, 2010 at 7:05 am, Comments: 0

  British oil giant BP made its first foray into Brazil by injecting $7 billion for assets owned by Devon Energy (DVN). PBR has had tremendous success there and BP wants a piece of the pie.
  It’s cheaper to drill for oil on the floor of the New York stock exchange than on land or sea, and [...]

• Weekend Linky Dinks-Always Interesting
  UpsideTrader, February 20th, 2010 at 7:55 am, Comments: 0

  We saw a week where our Olympic kids took down more gold than Paulson’s fund, the Fed hiked the discount rate and Tiger made a mea culpa more popular than Clinton’s. I watched it and felt that he was sincere, for an automaton, however, I would love to get a copy of the script that [...]

• The Morning Morsel-Will the Financials Be the Tell?
  UpsideTrader, February 16th, 2010 at 8:09 am, Comments: 0

  As a new trading range develops in the S&P, 1050 to 1080-1100 many wonder what the next move will be. Will we take out resistance or will it drop lower under its own weight?
  As usual, there are so many variables to consider, the health of Europe, the dollar, our own economic data and ever present [...]

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  The Week Ahead 2/16/10
  UpsideTrader, February 15th, 2010 at 7:04 pm, Comments: 0

  {{{gold|platinum}}}

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• The Morning Morsel- Fine Until the Next Headline
  UpsideTrader, February 10th, 2010 at 7:00 am, Comments: 0

  What a day. The market was rolling over hard all morning, then news started to filter out that Germany would come to the aid of Greece, the market moved 6 S&P point s in the blink of an eye and started a reversal and a move of 150 points from bottom to top on the [...]

• Weekend Linky Dinks-Europe Weighs
  UpsideTrader, February 6th, 2010 at 8:37 am, Comments: 0

  “The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt.”
  -Cicero, 55 BC ( Courtesy -Hedgeye)

  Crazy day. Why did the market cave and then rally through the highs of [...]

• Weekend Linky Dinks-January Sucked
  UpsideTrader, January 30th, 2010 at 1:49 pm, Comments: 0

  Following last week’s sharp sell-off, a two-session decline on Thursday and Friday left U.S. equity markets lower for a third consecutive week. All 10 sectors that make up the S&P 500 closed unchanged or lower, led by Materials (-4.4%), IT (-3.7%) and Energy (-2.8%).
  Next week investors will turn to reports from ADP on payrolls, the ISM on [...]