So this was a crazy week....
10 year Bond has broken out to the upside above 4.55%
and we had a big rally on Friday ..
The GDP number came in @ 3.8%, however,
with the amount of actual inflation out there growth is not that good..
Both GTRC and ITT were down 10 dollars on poor earnings reports...
URBN failed its high @ 31.70 and dropped to 26.50..HOLLA
They fell apart as the charts had suggested...
Even though the rally would have you believe things are OK
they certainly don't feel that way..
Let's see how this thing plays out..
By the way, GGP reports earnings on MONDAY..
I'm still in the bear camp..
I'm reading two geat books that are foundational and have been enlightening..
Another was a quick entertainment read but still informative nonetheless..
TECHNICAL ANALYSIS OF THE FINANCIAL MARKETS , JOHN MURPHY
FORECASTING FINANCIAL MARKETS , TONY PLUMMER 4TH EDITION
THE TRADERS, SONNY KLEINFELD
one
SINGER
Sunday, October 30, 2005
Wednesday, October 26, 2005
Sunday, October 23, 2005
TICKER SYMBOLS FOR CHARTS - 10.22.05
QLGC- Q LOGIC
RG- ROGERS COMMUNICATIONS
RGR- STURM RUGER
SNDK- SANDISK
STU- STUDENT LOAN CORP.
TLT- ISHARES LONG BOND
TOL- TOLL BROTHERS
UN- UNILEVER
UVN- UNIVISION
URBN- URBAN OUTFITTERS
RG- ROGERS COMMUNICATIONS
RGR- STURM RUGER
SNDK- SANDISK
STU- STUDENT LOAN CORP.
TLT- ISHARES LONG BOND
TOL- TOLL BROTHERS
UN- UNILEVER
UVN- UNIVISION
URBN- URBAN OUTFITTERS
Urban Outfitters - URBN - 4 YR Weekly 10.22.05
Urban is most likely making adouble top here...
The split and massive negative sentiment turned aprobabble decline into a nice pop...
However,this stock has failed to eclipse its previous high and therefore...
Should begin a steady decline from here...
WATCH TO SEE IF IT CAN REMAIN ABOVE ITS PREVIOUS HIGH...
IF NOT ITS DOWN DOWN DOWN...
Toll Brothers -TOL- 4 YR Weekly 10.22.05
SanDisk - SNDK- 4 YR Weekly 10.22.05
Sturm Ruger - RGR - 4 YR Weekly 10.22.05
Saturday, October 22, 2005
Thursday, October 20, 2005
JIm Puplava From financialsense.com on OIL and GOLD
This is an excellent article...The quote from John Templeton is right on..
The piece describes the hot money that went into OIL and GOLD...ran up the prices to $70 a barrel crude and $480 an oz gold and then blew out of the positions when that scenario didn't materialize...Now these groups have pulled back significantly ...and the weak holders have sold off..
I agree with Jim..The next months will see a nice move from these temporarily hated stocks....
http://www.financialsense.com/Market/puplava/2005/1020.html
The piece describes the hot money that went into OIL and GOLD...ran up the prices to $70 a barrel crude and $480 an oz gold and then blew out of the positions when that scenario didn't materialize...Now these groups have pulled back significantly ...and the weak holders have sold off..
I agree with Jim..The next months will see a nice move from these temporarily hated stocks....
http://www.financialsense.com/Market/puplava/2005/1020.html
Tuesday, October 18, 2005
Saturday, October 15, 2005
TICKER SYMBOLS FOR CHARTS - 10.15.05
POOL - SCP POOL
PTR - PETROCHINA
OSI - OUTBACK STEAKHOUSE
ODP - OFFICE DEPOT
NFLX - NETFLIX
NCR - NATIONAL CASH REGISTER
MHP - MCGRAW HILL
MSO - MARTHA STEWART
LEH - LEHMAN BROTHERS
LOW - LOWE'S
KSE - KEYSPAN
KIM - KIMCO REALTY
PTR - PETROCHINA
OSI - OUTBACK STEAKHOUSE
ODP - OFFICE DEPOT
NFLX - NETFLIX
NCR - NATIONAL CASH REGISTER
MHP - MCGRAW HILL
MSO - MARTHA STEWART
LEH - LEHMAN BROTHERS
LOW - LOWE'S
KSE - KEYSPAN
KIM - KIMCO REALTY
Petrochina - PTR - 4 YR Weekly 10.15.05
SCP Pool - POOL - 4 YR Weekly 10.15.05
Netflix - NFLX - 4 YR Weekly 10.15.05
National Cash Register - NCR - 4 YR Weekly 10.15.05
Martha Stewart Omnimedia - MSO - 4 YR Weekly 10.15.05
SINGER and Nassau County DA Dennis Dillon
I interned briefly this summer at the Nassau County DA's office..As a courtesy to engender nostalgia for the office in prospective young lawyers we were furnished with this nice keepsake..
I was the last one on line and to my suprise the DA said,"So, are you going to practice LAW when you graduate?" I replied with a smile, "I'm going to get into Invesments."
"You'll donate to my next re-election campaign," quipped the seven term DA..
Thanks for the photo though I believe we were supposed to be totally in front of that curtain!!!!!!
Tuesday, October 11, 2005
Ike Iossif on Consensus and How Not To Be A Hero
http://www.financialsense.com/Market/daily/tuesday.htm
An excellent article on what the market is telling us...
An excellent article on what the market is telling us...
Monday, October 10, 2005
Sunday, October 09, 2005
SCP Pool - POOL - 4 YR Weekly 10.08.05
Here's a four year daily of POOL... I used a 200 day Bollinger and low and behold this one has been south of the middle 200 day line and has only been at the bottom trading band once on the entire chart...The price seems to be sticking to the 200 day here and appears to want to go through and not pop higher as it has done previously, bouncing off that line for a nice gain... I'm holding some OCT 35 Puts... The risk reward looks excellent for more downside... The questions are will it happen soon enough?? Will the pullback in Energy help chemical companies?? Though I'm not sure if this pool chemical company is levered to energy considering it has gone up while energy prices have gone continuously HIGHER...
Saturday, October 08, 2005
Ticker Symbols for Charts for the Week Of : 10.08.05
FMT - FREMONT INVESTMENT AND LOAN
FO - FORTUNE BRANDS
GRTC -GUITAR CENTER
GSK - GLAXO WELLCOME
HANS - HANSEN NATURAL
HRB - HR BLOCK
IR - INGERSOLL RAND
IMAX - IMAX THEATRES
JDSU - JDS UNIPHASE
JWN - NORDSTROM'S
FO - FORTUNE BRANDS
GRTC -GUITAR CENTER
GSK - GLAXO WELLCOME
HANS - HANSEN NATURAL
HRB - HR BLOCK
IR - INGERSOLL RAND
IMAX - IMAX THEATRES
JDSU - JDS UNIPHASE
JWN - NORDSTROM'S
Monday, October 03, 2005
Sunday, October 02, 2005
ETF's and HOLDRs
CBOE's Options on ETFs - Delayed Quotes and Product Specifications
Note: Click the ticker symbol for delayed quotes.
AGG - Options on iShares® Lehman Aggregate Bond Fund
DGT - streetTRACKS® - DJ Global Titans Index Fund
DIA - Options on DIAMONDS®
DVY - iShares DJ Select Dividend
EFA - Options on iShares MSCI EAFE® Exchange Traded Fund
IBB - iShares® Nasdaq® Biotechnology
IDU - iShares DJ® US Utilities Sector
IEF - iShares Lehman 7-10 Year Treasury Bond Fund
IGM - iShares Goldman Sachs® Technology Index
IGN - iShares® Goldman Sachs Networking Index Fund
IGV - iShares Goldman Sachs Software Index Fund
IGW - iShares Goldman Sachs Semiconductor Index Fund
IWB - iShares Russell 1000® Index Fund
IWC - iShares Russell Microcap Index Fund
IWD - iShares Russell 1000 Value Index Fund
IWF - iShares Russell 1000 Growth Index Fund
IWM - iShares Russell 2000® Index Fund
IWN - iShares Russell 2000 Value Index Fund
IWO - iShares Russell 2000 Growth Index Fund
IWP - iShares Russell Midcap® Growth Index Fund
IWR - iShares Russell Midcap Index Fund
IWS - iShares Russell Midcap Value Index Fund
IWV - iShares Russell 3000® Index Fund
IWW - iShares Russell 3000 Value Index Fund
IWZ - iShares Russell 3000 Growth Index Fund
IYE - iShares Trust - DJ US Energy Sector Index Fund
IYH - iShares Trust - DJ US Healthcare Sector Index Fund
IYY - iShares DJ US Total Market
LQD - iShares GS$ InvesTop Corporate Bond Fund
MDY - Standard & Poor's MidCap 400® Index
OEF - Options on iShares® S&P 100® Index Fund
ONQ - Options on Fidelity® Nasdaq Composite Index® Tracking Stock
QQQ - Nasdaq-100® Index Tracking Stocksm
RSP - RSP - Rydex S&P Equal Weight Index Fund
SHY - iShares Lehman 1-3 Year Treasury Bond Fund
SPY - SPDR® Options
TLT - iShares Lehman 20+ Year Treasury Bond Fund
XLB - Materials Select Sector SPDR
XLE - Energy Select Sector SPDR
XLF - Financial Select Sector SPDR
XLI - Industrial Select Sector SPDR
XLK - Technology Select Sector SPDR
XLP - Consumer Staples Select Sector SPDR
XLU - Utilities Select Sector SPDR
XLV - Health Care Select Sector SPDR
XLY - Consumer Discretionary Select Sector SPDR
CBOE's Options on HOLDRssm - Delayed Quotes and Product Specifications
Note: Click the ticker symbol for delayed quotes.
BBH - Biotech HOLDRs Trust
BDH - Broadband HOLDRs Trust
HHH - Internet HOLDRs Trust
IAH - Internet Architect HOLDRs Trust
OIH - Oil Services HOLDRs Trust
PPH - Pharmaceutical HOLDRs Trust
RKH - Regional Bank HOLDRs Trust
RTH - Retail HOLDRs Trust
SMH - Semiconductor HOLDRs Trust
SWH - Software HOLDRs Trust
TBH - Telebras HOLDRs Trust
TTH - Telecom HOLDRs Trust
UTH - Utilities HOLDRs Trust
WMH - Wireless HOLDRs Trust
Note: Click the ticker symbol for delayed quotes.
AGG - Options on iShares® Lehman Aggregate Bond Fund
DGT - streetTRACKS® - DJ Global Titans Index Fund
DIA - Options on DIAMONDS®
DVY - iShares DJ Select Dividend
EFA - Options on iShares MSCI EAFE® Exchange Traded Fund
IBB - iShares® Nasdaq® Biotechnology
IDU - iShares DJ® US Utilities Sector
IEF - iShares Lehman 7-10 Year Treasury Bond Fund
IGM - iShares Goldman Sachs® Technology Index
IGN - iShares® Goldman Sachs Networking Index Fund
IGV - iShares Goldman Sachs Software Index Fund
IGW - iShares Goldman Sachs Semiconductor Index Fund
IWB - iShares Russell 1000® Index Fund
IWC - iShares Russell Microcap Index Fund
IWD - iShares Russell 1000 Value Index Fund
IWF - iShares Russell 1000 Growth Index Fund
IWM - iShares Russell 2000® Index Fund
IWN - iShares Russell 2000 Value Index Fund
IWO - iShares Russell 2000 Growth Index Fund
IWP - iShares Russell Midcap® Growth Index Fund
IWR - iShares Russell Midcap Index Fund
IWS - iShares Russell Midcap Value Index Fund
IWV - iShares Russell 3000® Index Fund
IWW - iShares Russell 3000 Value Index Fund
IWZ - iShares Russell 3000 Growth Index Fund
IYE - iShares Trust - DJ US Energy Sector Index Fund
IYH - iShares Trust - DJ US Healthcare Sector Index Fund
IYY - iShares DJ US Total Market
LQD - iShares GS$ InvesTop Corporate Bond Fund
MDY - Standard & Poor's MidCap 400® Index
OEF - Options on iShares® S&P 100® Index Fund
ONQ - Options on Fidelity® Nasdaq Composite Index® Tracking Stock
QQQ - Nasdaq-100® Index Tracking Stocksm
RSP - RSP - Rydex S&P Equal Weight Index Fund
SHY - iShares Lehman 1-3 Year Treasury Bond Fund
SPY - SPDR® Options
TLT - iShares Lehman 20+ Year Treasury Bond Fund
XLB - Materials Select Sector SPDR
XLE - Energy Select Sector SPDR
XLF - Financial Select Sector SPDR
XLI - Industrial Select Sector SPDR
XLK - Technology Select Sector SPDR
XLP - Consumer Staples Select Sector SPDR
XLU - Utilities Select Sector SPDR
XLV - Health Care Select Sector SPDR
XLY - Consumer Discretionary Select Sector SPDR
CBOE's Options on HOLDRssm - Delayed Quotes and Product Specifications
Note: Click the ticker symbol for delayed quotes.
BBH - Biotech HOLDRs Trust
BDH - Broadband HOLDRs Trust
HHH - Internet HOLDRs Trust
IAH - Internet Architect HOLDRs Trust
OIH - Oil Services HOLDRs Trust
PPH - Pharmaceutical HOLDRs Trust
RKH - Regional Bank HOLDRs Trust
RTH - Retail HOLDRs Trust
SMH - Semiconductor HOLDRs Trust
SWH - Software HOLDRs Trust
TBH - Telebras HOLDRs Trust
TTH - Telecom HOLDRs Trust
UTH - Utilities HOLDRs Trust
WMH - Wireless HOLDRs Trust
Saturday, October 01, 2005
New Charts For The Week Of: 09.30.05
AUY - YAMANA GOLD
AZN - ASTRA ZENECA PLC
BKS - BARNES AND NOBLE BOOKS
BSX - BOSTON SCIENTIFIC
C - CITIGROUP
CFC - COUNTRYWIDE
DF - DEAN FOODS
DRI - DARDEN RESTAURANTS
ENR - ENERGIZER
ET - E*TRADE FINANCIAL
AZN - ASTRA ZENECA PLC
BKS - BARNES AND NOBLE BOOKS
BSX - BOSTON SCIENTIFIC
C - CITIGROUP
CFC - COUNTRYWIDE
DF - DEAN FOODS
DRI - DARDEN RESTAURANTS
ENR - ENERGIZER
ET - E*TRADE FINANCIAL
Energizer - ENR - 4 YR Weekly 09.30.05
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