Well, the markets got beat up last week, as expected with the FED continuing to raise, and Europe/Asia is still outperforming US equities...The long bond turned around as yields began heading higher...
There has been much pontificating as to the break we caught on Rita's limited damage(4-7 Billion)..."It's much less than feared and we got out more or less unscathed...THIS IS STILL ONE OF THE TEN MOST DAMAGING STORMS EVER IN THE U.S. and the real issue is the cumulative effect of the two monster storms and the possibility of more either this year or in the near future...
Crude Oil pulled back in a special SUN trading session @ the NYMEX though. if you pay attention, prices are already back up to near 64 a barrel..near the FRI close..
Big worries on NAT GAS for the winter...
I would sell any rally here in US Stocks and use it to add to short/put positions...
GOLD should continue higher after this healthy pullback after a monster breakout to fresh multiyear highs..Its natural to pullback to the breakout point before continuing higher..
CHEERS
SINGER
Monday, September 26, 2005
Saturday, September 24, 2005
Thursday, September 22, 2005
Wednesday, September 21, 2005
Energizer - ENR - 3 YR Daily 09.21.05
more downside ahead....
The black rectangles are the only three times that the stock has broken through the 200 day MA... When it does it usually means FIVE MORE POINTS DOWN..
Energizer - ENR - 4 YR Weekly 09.21.05
Almost eight points down in the last two weeks...
Good call...
Abercrombie and Fitch - ANF - 4 YR Weekly 09.21.05
Late JULY, Snow calls me and says, "Let's SHORT Abercrombie.."
-Big Insider Selling
-Huge run up
-Weakening consumer
-High oil
equals
25 points to the downside in two months
Tuesday, September 20, 2005
Monday, September 19, 2005
ENR Second Downgrade in a Week
http://www.amtddj.inlumen.com/bin/djstory?StoryId=CqY43WaebqLqWmde3ndq
Two brokers have lowered their rating on Energizer after I went negative on it @ 65...
The main point is earnings estimates too high, too much battery and razor competition...
Two brokers have lowered their rating on Energizer after I went negative on it @ 65...
The main point is earnings estimates too high, too much battery and razor competition...
Sunday, September 18, 2005
SINGER TALKS 09.18.05
Alright playas, well that was some week...
GOLD certainly began the breakout as it climbed to the high 450's. Much respect to Frank Barbera and the guys @ Financial Sense Online who called "da bottom" in mid May.
The mainstream financial media has finally woken up. Suprise, we haven't talked about Gold
but wait, whats this, its at an 18 year high all of a sudden. Are they ever anything but behind the curve???
Oh yeah , there is no inflation..NOT!!!!If your breathing you know "everything" is getting more expensive... ENERGY was up only 8.5% last MONTH!!!!!!!!!!!!!!!!!!!!!!!! Hello?!?!
I only made one trade as I caught NEM Newmont Mining from 42.40 to 45.60, an incredible three day move.
The trading was wildly active on Friday, with multiple options expirations taking place.
The award for most breathtaking move on Friday was the 290% move to the upside for the TOL Sept 47.50 Put.. I love the quick in and out possibilities in that kind of scenario...Interesting future ahead...
The bond yields have headed higher now, Gold is popping hard, the thesis for the next month or so is rates continue to rise, consumer gets pinched harder, asset prices decline...
As an aside with everyone clamoring about how ridiculously high the price appreciation of real estate has been over the past three years, a number of equities, which seem to be no brainers have posted gigantic returns...
I will put together a list of some of the best performing stocks and their outrageous returns..
General Asset Price Bubble Seems to Be The Operative Phrase...I Repeat The "Sponge" Has Become Saturated With Liquidity..
Lets see if the Markets continue lower here? That's my guess...
Shorts Anyone??
POOL
RTH
GGP
IYR
IWM
ENR
Holla Back @ Me
-SINGER
PS Check out Financial Sense Newshour this Weekend and every Weekend...I never miss it!!!!
GOLD certainly began the breakout as it climbed to the high 450's. Much respect to Frank Barbera and the guys @ Financial Sense Online who called "da bottom" in mid May.
The mainstream financial media has finally woken up. Suprise, we haven't talked about Gold
but wait, whats this, its at an 18 year high all of a sudden. Are they ever anything but behind the curve???
Oh yeah , there is no inflation..NOT!!!!If your breathing you know "everything" is getting more expensive... ENERGY was up only 8.5% last MONTH!!!!!!!!!!!!!!!!!!!!!!!! Hello?!?!
I only made one trade as I caught NEM Newmont Mining from 42.40 to 45.60, an incredible three day move.
The trading was wildly active on Friday, with multiple options expirations taking place.
The award for most breathtaking move on Friday was the 290% move to the upside for the TOL Sept 47.50 Put.. I love the quick in and out possibilities in that kind of scenario...Interesting future ahead...
The bond yields have headed higher now, Gold is popping hard, the thesis for the next month or so is rates continue to rise, consumer gets pinched harder, asset prices decline...
As an aside with everyone clamoring about how ridiculously high the price appreciation of real estate has been over the past three years, a number of equities, which seem to be no brainers have posted gigantic returns...
I will put together a list of some of the best performing stocks and their outrageous returns..
General Asset Price Bubble Seems to Be The Operative Phrase...I Repeat The "Sponge" Has Become Saturated With Liquidity..
Lets see if the Markets continue lower here? That's my guess...
Shorts Anyone??
POOL
RTH
GGP
IYR
IWM
ENR
Holla Back @ Me
-SINGER
PS Check out Financial Sense Newshour this Weekend and every Weekend...I never miss it!!!!
Bloomberg Gold Story
http://quote.bloomberg.com/apps/news?pid=10000080&sid=aAXNplh1FTR8
Last week saw the commencement of the mainstream bullish Gold media coverage....
Last week saw the commencement of the mainstream bullish Gold media coverage....
Reed Elsevier - RUK - 4 YR Weekly 09.17.05
Will it make new high or begin breakdown....
These guys own LexisNexis...
BankRate.com - RATE - 4 YR Weekly 09.17.05
Massive increase from 0.45 to 28.00...
This thing "has" to pullback...
SCP Pool -POOL- 4 YR Weekly 09.17.05
Just broke under long term support...Has had a huge run and is poised to drop...
Pan American Silver -PAAS- 4 YR Weekly 09.17.05
needs to break overhead resistance @ around 18....
silver up 21 cents on 09.16.05....
Friday, September 16, 2005
Thursday, September 15, 2005
Wednesday, September 14, 2005
Retail HOLDRs - RTH - 1 YR Daily 09.14.05
Topped out hard in early AUG around the same time ANF was beginning to die...
Broke below Fibonacci line today will it hold support or crash through????
Newmont Mining - NEM - 1 YR Daily 09.14.05
Today's chart almost four months after the previous chart...Broke out hard today....
Next stops 46 then 50.....
Newmont Mining - NEM - 3 YR Daily 05.20.05
I pulled and annotated this when i heard of Gold 's alleged bottoming in mid May....
The vertex of the two green trendlines is the $42 resistance that NEM broke through hard today....
Google - GOOG - 1 YR Daily 9.14.05
May have just double topped and is under the added stress of a freshly completed $4B Secondary Offering...Resistance turned Support @ $280 looks likely...
Saturday, September 10, 2005
What's Goin' On?
Whats up Playas!!!!
I'm going through my list of securities alphabetically doing about 20 a week...
I'll put up basically annotated charts mostly longer term Weekly's, with some minor commentary...and I'm trying to get through all 1006 within the year...
This is so we can become familiar with a large number of securities and their basic situation as well as the condition of the overall MARKET....
By the way.....GOLD is BREAKING OUT...
I'll be commenting more often now that I've gotten some chatrs and links up...
Making some picks and option plays as well...
Keep your eyes open,
SINGER
I'm going through my list of securities alphabetically doing about 20 a week...
I'll put up basically annotated charts mostly longer term Weekly's, with some minor commentary...and I'm trying to get through all 1006 within the year...
This is so we can become familiar with a large number of securities and their basic situation as well as the condition of the overall MARKET....
By the way.....GOLD is BREAKING OUT...
I'll be commenting more often now that I've gotten some chatrs and links up...
Making some picks and option plays as well...
Keep your eyes open,
SINGER
Oracle - ORCL - 4 YR - Weekly 09.10.05
No one really wants to own Oracle anymore...
Lets see how it handles the 61.8% fib..and whether it gravitates toward the long term support or resistance...
Overstock.com - OSTK - 4 YR - Weekly 09.10.05
went from 5 to 78 in three years...
then back down a bunch...
hanging out around the 50% fib line..
whad'ya think...up or down...
Check out the Accum./Dist.
Monsanto - MON - 4 YR - Weekly 09.10.05
These dudes run the genetically manipulated mass farming game...
If it can't crack resistance then its gotta pull back some...
News Corp. - NWS - 4 YR - Weekly 09.10.05
Looks like it should test resistance...which means some bps to the upside..
NvIdia - NVDA - 4 YR - Weekly 09.10.05
These guys benefit from all video games and laptop graphics...
Looks like it could take off if it breaks through resistance...
Could still get alot of buyers from here...
McKesson - MCK - 4 YR Weekly 09.10.05
Showed a ton of strength on its runn from 22 a year ago to 48 a moth ago...
Looks like a further pullback is in the cards...
Lucent Technologies - LU - 4 YR Weekly 09.10.05
Sitting on support and the 38.2% fib here...
I like it for some upside in the next couple months...
As long as it holds support...
Needs to attract buyers...
L3 Communications Titan - LLL - 4 YR Weekly 09.10.05
Done great since the beginning of the Iraq war with its smart weaponry...
Acquired Titan recently, and is up from 65 to 83 since May...
Might need a little pullback here...
Kinder Morgan - KMI - 4 YR Weekly 09.10.05
up gigantic after it held support in May 05'...Will it breakout through resistance or fail, and test support again...
We'll see....
McKesson - MCK - 4 YR Weekly 09.10.05
Showing incredible strength on its runn from 22 last year to a high of 48 last month...
Time for some downside....
Kellogg - K - 4 YR Weekly 09.10.05
Up big since early 03'...
Good as long as it stays in its bullish uptrend...
St. Joe - JOE - 4 YR Weekly 09.10.05
This land bank made a giant move this year...off rather sharply recently though bounced off support this week...
These guys own the most raw land in Florida..
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