January 2007 Archives

links for 2007-02-01

Recent Links

Jan. 31, 2007 Recap

| 3 Comments

The bulls clearly liked what the Fed had to say today but I always take the initial reaction with a grain of salt. Let's see if the market holds on to today's gains tomorrow to decide if this post-decision move was for real. All of the major indices are sitting near recent resistance so I'll be watching those levels closely tomorrow morning.

The Nasdaq broke the downtrend I pointed out in my last recap. It's closing in on the 2006 highs one again. I do like the bullish On-Balance Volume divergence and I imagine that bears will go into panic buying mode if today's high is taken out.

links for 2007-01-31

Watchlist for January 30, 2007

| 3 Comments

I just couldn't bring myself to do a recap last night since it was basically a repeat of Friday. It appears that the market's marking time ahead of the Fed non-decision tomorrow. I'm also going to mark time by not trading until Thursday. My next recap will be tomorrow night. We'll see what the charts look like after the big bad decision.

Be sure to check out the WallStrip interview with Roger Ehrenberg. I've linked to many of Roger's posts on his blog, Information Arbitrage, so you should already be familiar with him. If you've wondered about the name of his blog I think the interview will make it clear. That or take a look at his company, Monitor110, which just launched.

On Today's Calendar:

  • 10:00 -- Consumer Confidence

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-30

Watchlist for January 29, 2007

| 6 Comments

Here's a little something to perk you up on this Monday morning. WallStrip's ode to SNL's "D*ck in a Box" -- Jack in a Box (JBX):

We've got a bit of weakness this morning and I'm wondering if sellers will kick it up a notch and really take out those trendlines on the S&P and Dow ahead of the Fed meeting on Wednesday. I think Friday's lows will be key to watch...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-29

Jan. 26, 2007 Recap

| 1 Comment | 1 TrackBack

I'm really going to have to consider taking Friday's off again. It seems like the vast majority of Fridays are lackluster just like last Friday. The indices just chopped around and closed near unchanged on lower volume. It is interesting to note that after a few weeks of either the S&P or Nasdaq outperforming the other they are both right near their middle Bollinger Bands. In fact, the Dow and Russell 2,000 are at their middle Bollinger Bands as well. So the indices appear to be realigning now. There's a Federal Reserve interest rate (non?)decision on Wednesday so perhaps the reaction to that will give a clue as to whether the indices head toward their upper or lower Bollinger Bands next.

Charts of the indices are below...

links for 2007-01-28

links for 2007-01-27

links for 2007-02-01

Recent Links

Jan. 31, 2007 Recap

| 3 Comments

The bulls clearly liked what the Fed had to say today but I always take the initial reaction with a grain of salt. Let's see if the market holds on to today's gains tomorrow to decide if this post-decision move was for real. All of the major indices are sitting near recent resistance so I'll be watching those levels closely tomorrow morning.

The Nasdaq broke the downtrend I pointed out in my last recap. It's closing in on the 2006 highs one again. I do like the bullish On-Balance Volume divergence and I imagine that bears will go into panic buying mode if today's high is taken out.

links for 2007-01-31

Watchlist for January 30, 2007

| 3 Comments

I just couldn't bring myself to do a recap last night since it was basically a repeat of Friday. It appears that the market's marking time ahead of the Fed non-decision tomorrow. I'm also going to mark time by not trading until Thursday. My next recap will be tomorrow night. We'll see what the charts look like after the big bad decision.

Be sure to check out the WallStrip interview with Roger Ehrenberg. I've linked to many of Roger's posts on his blog, Information Arbitrage, so you should already be familiar with him. If you've wondered about the name of his blog I think the interview will make it clear. That or take a look at his company, Monitor110, which just launched.

On Today's Calendar:

  • 10:00 -- Consumer Confidence

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-30

Watchlist for January 29, 2007

| 6 Comments

Here's a little something to perk you up on this Monday morning. WallStrip's ode to SNL's "D*ck in a Box" -- Jack in a Box (JBX):

We've got a bit of weakness this morning and I'm wondering if sellers will kick it up a notch and really take out those trendlines on the S&P and Dow ahead of the Fed meeting on Wednesday. I think Friday's lows will be key to watch...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-29

Jan. 26, 2007 Recap

| 1 Comment | 1 TrackBack

I'm really going to have to consider taking Friday's off again. It seems like the vast majority of Fridays are lackluster just like last Friday. The indices just chopped around and closed near unchanged on lower volume. It is interesting to note that after a few weeks of either the S&P or Nasdaq outperforming the other they are both right near their middle Bollinger Bands. In fact, the Dow and Russell 2,000 are at their middle Bollinger Bands as well. So the indices appear to be realigning now. There's a Federal Reserve interest rate (non?)decision on Wednesday so perhaps the reaction to that will give a clue as to whether the indices head toward their upper or lower Bollinger Bands next.

Charts of the indices are below...

links for 2007-01-28

links for 2007-01-27

links for 2007-02-01

Recent Links

Jan. 31, 2007 Recap

| 3 Comments

The bulls clearly liked what the Fed had to say today but I always take the initial reaction with a grain of salt. Let's see if the market holds on to today's gains tomorrow to decide if this post-decision move was for real. All of the major indices are sitting near recent resistance so I'll be watching those levels closely tomorrow morning.

The Nasdaq broke the downtrend I pointed out in my last recap. It's closing in on the 2006 highs one again. I do like the bullish On-Balance Volume divergence and I imagine that bears will go into panic buying mode if today's high is taken out.

links for 2007-01-31

Watchlist for January 30, 2007

| 3 Comments

I just couldn't bring myself to do a recap last night since it was basically a repeat of Friday. It appears that the market's marking time ahead of the Fed non-decision tomorrow. I'm also going to mark time by not trading until Thursday. My next recap will be tomorrow night. We'll see what the charts look like after the big bad decision.

Be sure to check out the WallStrip interview with Roger Ehrenberg. I've linked to many of Roger's posts on his blog, Information Arbitrage, so you should already be familiar with him. If you've wondered about the name of his blog I think the interview will make it clear. That or take a look at his company, Monitor110, which just launched.

On Today's Calendar:

  • 10:00 -- Consumer Confidence

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-30

Watchlist for January 29, 2007

| 6 Comments

Here's a little something to perk you up on this Monday morning. WallStrip's ode to SNL's "D*ck in a Box" -- Jack in a Box (JBX):

We've got a bit of weakness this morning and I'm wondering if sellers will kick it up a notch and really take out those trendlines on the S&P and Dow ahead of the Fed meeting on Wednesday. I think Friday's lows will be key to watch...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-29

Jan. 26, 2007 Recap

| 1 Comment | 1 TrackBack

I'm really going to have to consider taking Friday's off again. It seems like the vast majority of Fridays are lackluster just like last Friday. The indices just chopped around and closed near unchanged on lower volume. It is interesting to note that after a few weeks of either the S&P or Nasdaq outperforming the other they are both right near their middle Bollinger Bands. In fact, the Dow and Russell 2,000 are at their middle Bollinger Bands as well. So the indices appear to be realigning now. There's a Federal Reserve interest rate (non?)decision on Wednesday so perhaps the reaction to that will give a clue as to whether the indices head toward their upper or lower Bollinger Bands next.

Charts of the indices are below...

links for 2007-01-28

links for 2007-01-27

links for 2007-02-01

Recent Links

Jan. 31, 2007 Recap

| 3 Comments

The bulls clearly liked what the Fed had to say today but I always take the initial reaction with a grain of salt. Let's see if the market holds on to today's gains tomorrow to decide if this post-decision move was for real. All of the major indices are sitting near recent resistance so I'll be watching those levels closely tomorrow morning.

The Nasdaq broke the downtrend I pointed out in my last recap. It's closing in on the 2006 highs one again. I do like the bullish On-Balance Volume divergence and I imagine that bears will go into panic buying mode if today's high is taken out.

links for 2007-01-31

Watchlist for January 30, 2007

| 3 Comments

I just couldn't bring myself to do a recap last night since it was basically a repeat of Friday. It appears that the market's marking time ahead of the Fed non-decision tomorrow. I'm also going to mark time by not trading until Thursday. My next recap will be tomorrow night. We'll see what the charts look like after the big bad decision.

Be sure to check out the WallStrip interview with Roger Ehrenberg. I've linked to many of Roger's posts on his blog, Information Arbitrage, so you should already be familiar with him. If you've wondered about the name of his blog I think the interview will make it clear. That or take a look at his company, Monitor110, which just launched.

On Today's Calendar:

  • 10:00 -- Consumer Confidence

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-30

Watchlist for January 29, 2007

| 6 Comments

Here's a little something to perk you up on this Monday morning. WallStrip's ode to SNL's "D*ck in a Box" -- Jack in a Box (JBX):

We've got a bit of weakness this morning and I'm wondering if sellers will kick it up a notch and really take out those trendlines on the S&P and Dow ahead of the Fed meeting on Wednesday. I think Friday's lows will be key to watch...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-29

Jan. 26, 2007 Recap

| 1 Comment | 1 TrackBack

I'm really going to have to consider taking Friday's off again. It seems like the vast majority of Fridays are lackluster just like last Friday. The indices just chopped around and closed near unchanged on lower volume. It is interesting to note that after a few weeks of either the S&P or Nasdaq outperforming the other they are both right near their middle Bollinger Bands. In fact, the Dow and Russell 2,000 are at their middle Bollinger Bands as well. So the indices appear to be realigning now. There's a Federal Reserve interest rate (non?)decision on Wednesday so perhaps the reaction to that will give a clue as to whether the indices head toward their upper or lower Bollinger Bands next.

Charts of the indices are below...

links for 2007-01-28

links for 2007-01-27

links for 2007-02-01

Recent Links

Jan. 31, 2007 Recap

| 3 Comments

The bulls clearly liked what the Fed had to say today but I always take the initial reaction with a grain of salt. Let's see if the market holds on to today's gains tomorrow to decide if this post-decision move was for real. All of the major indices are sitting near recent resistance so I'll be watching those levels closely tomorrow morning.

The Nasdaq broke the downtrend I pointed out in my last recap. It's closing in on the 2006 highs one again. I do like the bullish On-Balance Volume divergence and I imagine that bears will go into panic buying mode if today's high is taken out.

links for 2007-01-31

Watchlist for January 30, 2007

| 3 Comments

I just couldn't bring myself to do a recap last night since it was basically a repeat of Friday. It appears that the market's marking time ahead of the Fed non-decision tomorrow. I'm also going to mark time by not trading until Thursday. My next recap will be tomorrow night. We'll see what the charts look like after the big bad decision.

Be sure to check out the WallStrip interview with Roger Ehrenberg. I've linked to many of Roger's posts on his blog, Information Arbitrage, so you should already be familiar with him. If you've wondered about the name of his blog I think the interview will make it clear. That or take a look at his company, Monitor110, which just launched.

On Today's Calendar:

  • 10:00 -- Consumer Confidence

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-30

Watchlist for January 29, 2007

| 6 Comments

Here's a little something to perk you up on this Monday morning. WallStrip's ode to SNL's "D*ck in a Box" -- Jack in a Box (JBX):

We've got a bit of weakness this morning and I'm wondering if sellers will kick it up a notch and really take out those trendlines on the S&P and Dow ahead of the Fed meeting on Wednesday. I think Friday's lows will be key to watch...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-29

Jan. 26, 2007 Recap

| 1 Comment | 1 TrackBack

I'm really going to have to consider taking Friday's off again. It seems like the vast majority of Fridays are lackluster just like last Friday. The indices just chopped around and closed near unchanged on lower volume. It is interesting to note that after a few weeks of either the S&P or Nasdaq outperforming the other they are both right near their middle Bollinger Bands. In fact, the Dow and Russell 2,000 are at their middle Bollinger Bands as well. So the indices appear to be realigning now. There's a Federal Reserve interest rate (non?)decision on Wednesday so perhaps the reaction to that will give a clue as to whether the indices head toward their upper or lower Bollinger Bands next.

Charts of the indices are below...

links for 2007-01-28

links for 2007-01-27

links for 2007-02-01

Recent Links

Jan. 31, 2007 Recap

| 3 Comments

The bulls clearly liked what the Fed had to say today but I always take the initial reaction with a grain of salt. Let's see if the market holds on to today's gains tomorrow to decide if this post-decision move was for real. All of the major indices are sitting near recent resistance so I'll be watching those levels closely tomorrow morning.

The Nasdaq broke the downtrend I pointed out in my last recap. It's closing in on the 2006 highs one again. I do like the bullish On-Balance Volume divergence and I imagine that bears will go into panic buying mode if today's high is taken out.

links for 2007-01-31

Watchlist for January 30, 2007

| 3 Comments

I just couldn't bring myself to do a recap last night since it was basically a repeat of Friday. It appears that the market's marking time ahead of the Fed non-decision tomorrow. I'm also going to mark time by not trading until Thursday. My next recap will be tomorrow night. We'll see what the charts look like after the big bad decision.

Be sure to check out the WallStrip interview with Roger Ehrenberg. I've linked to many of Roger's posts on his blog, Information Arbitrage, so you should already be familiar with him. If you've wondered about the name of his blog I think the interview will make it clear. That or take a look at his company, Monitor110, which just launched.

On Today's Calendar:

  • 10:00 -- Consumer Confidence

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-30

Watchlist for January 29, 2007

| 6 Comments

Here's a little something to perk you up on this Monday morning. WallStrip's ode to SNL's "D*ck in a Box" -- Jack in a Box (JBX):

We've got a bit of weakness this morning and I'm wondering if sellers will kick it up a notch and really take out those trendlines on the S&P and Dow ahead of the Fed meeting on Wednesday. I think Friday's lows will be key to watch...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-29

Jan. 26, 2007 Recap

| 1 Comment | 1 TrackBack

I'm really going to have to consider taking Friday's off again. It seems like the vast majority of Fridays are lackluster just like last Friday. The indices just chopped around and closed near unchanged on lower volume. It is interesting to note that after a few weeks of either the S&P or Nasdaq outperforming the other they are both right near their middle Bollinger Bands. In fact, the Dow and Russell 2,000 are at their middle Bollinger Bands as well. So the indices appear to be realigning now. There's a Federal Reserve interest rate (non?)decision on Wednesday so perhaps the reaction to that will give a clue as to whether the indices head toward their upper or lower Bollinger Bands next.

Charts of the indices are below...

links for 2007-01-28

links for 2007-01-27

links for 2007-02-01

Recent Links

Jan. 31, 2007 Recap

| 3 Comments

The bulls clearly liked what the Fed had to say today but I always take the initial reaction with a grain of salt. Let's see if the market holds on to today's gains tomorrow to decide if this post-decision move was for real. All of the major indices are sitting near recent resistance so I'll be watching those levels closely tomorrow morning.

The Nasdaq broke the downtrend I pointed out in my last recap. It's closing in on the 2006 highs one again. I do like the bullish On-Balance Volume divergence and I imagine that bears will go into panic buying mode if today's high is taken out.

links for 2007-01-31

Watchlist for January 30, 2007

| 3 Comments

I just couldn't bring myself to do a recap last night since it was basically a repeat of Friday. It appears that the market's marking time ahead of the Fed non-decision tomorrow. I'm also going to mark time by not trading until Thursday. My next recap will be tomorrow night. We'll see what the charts look like after the big bad decision.

Be sure to check out the WallStrip interview with Roger Ehrenberg. I've linked to many of Roger's posts on his blog, Information Arbitrage, so you should already be familiar with him. If you've wondered about the name of his blog I think the interview will make it clear. That or take a look at his company, Monitor110, which just launched.

On Today's Calendar:

  • 10:00 -- Consumer Confidence

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-30

Watchlist for January 29, 2007

| 6 Comments

Here's a little something to perk you up on this Monday morning. WallStrip's ode to SNL's "D*ck in a Box" -- Jack in a Box (JBX):

We've got a bit of weakness this morning and I'm wondering if sellers will kick it up a notch and really take out those trendlines on the S&P and Dow ahead of the Fed meeting on Wednesday. I think Friday's lows will be key to watch...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-29

Jan. 26, 2007 Recap

| 1 Comment | 1 TrackBack

I'm really going to have to consider taking Friday's off again. It seems like the vast majority of Fridays are lackluster just like last Friday. The indices just chopped around and closed near unchanged on lower volume. It is interesting to note that after a few weeks of either the S&P or Nasdaq outperforming the other they are both right near their middle Bollinger Bands. In fact, the Dow and Russell 2,000 are at their middle Bollinger Bands as well. So the indices appear to be realigning now. There's a Federal Reserve interest rate (non?)decision on Wednesday so perhaps the reaction to that will give a clue as to whether the indices head toward their upper or lower Bollinger Bands next.

Charts of the indices are below...

links for 2007-01-28

links for 2007-01-27

links for 2007-02-01

Recent Links

Jan. 31, 2007 Recap

| 3 Comments

The bulls clearly liked what the Fed had to say today but I always take the initial reaction with a grain of salt. Let's see if the market holds on to today's gains tomorrow to decide if this post-decision move was for real. All of the major indices are sitting near recent resistance so I'll be watching those levels closely tomorrow morning.

The Nasdaq broke the downtrend I pointed out in my last recap. It's closing in on the 2006 highs one again. I do like the bullish On-Balance Volume divergence and I imagine that bears will go into panic buying mode if today's high is taken out.

links for 2007-01-31

Watchlist for January 30, 2007

| 3 Comments

I just couldn't bring myself to do a recap last night since it was basically a repeat of Friday. It appears that the market's marking time ahead of the Fed non-decision tomorrow. I'm also going to mark time by not trading until Thursday. My next recap will be tomorrow night. We'll see what the charts look like after the big bad decision.

Be sure to check out the WallStrip interview with Roger Ehrenberg. I've linked to many of Roger's posts on his blog, Information Arbitrage, so you should already be familiar with him. If you've wondered about the name of his blog I think the interview will make it clear. That or take a look at his company, Monitor110, which just launched.

On Today's Calendar:

  • 10:00 -- Consumer Confidence

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-30

Watchlist for January 29, 2007

| 6 Comments

Here's a little something to perk you up on this Monday morning. WallStrip's ode to SNL's "D*ck in a Box" -- Jack in a Box (JBX):

We've got a bit of weakness this morning and I'm wondering if sellers will kick it up a notch and really take out those trendlines on the S&P and Dow ahead of the Fed meeting on Wednesday. I think Friday's lows will be key to watch...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-29

Jan. 26, 2007 Recap

| 1 Comment | 1 TrackBack

I'm really going to have to consider taking Friday's off again. It seems like the vast majority of Fridays are lackluster just like last Friday. The indices just chopped around and closed near unchanged on lower volume. It is interesting to note that after a few weeks of either the S&P or Nasdaq outperforming the other they are both right near their middle Bollinger Bands. In fact, the Dow and Russell 2,000 are at their middle Bollinger Bands as well. So the indices appear to be realigning now. There's a Federal Reserve interest rate (non?)decision on Wednesday so perhaps the reaction to that will give a clue as to whether the indices head toward their upper or lower Bollinger Bands next.

Charts of the indices are below...

links for 2007-01-28

links for 2007-01-27

links for 2007-02-01

Recent Links

Jan. 31, 2007 Recap

| 3 Comments

The bulls clearly liked what the Fed had to say today but I always take the initial reaction with a grain of salt. Let's see if the market holds on to today's gains tomorrow to decide if this post-decision move was for real. All of the major indices are sitting near recent resistance so I'll be watching those levels closely tomorrow morning.

The Nasdaq broke the downtrend I pointed out in my last recap. It's closing in on the 2006 highs one again. I do like the bullish On-Balance Volume divergence and I imagine that bears will go into panic buying mode if today's high is taken out.

links for 2007-01-31

Watchlist for January 30, 2007

| 3 Comments

I just couldn't bring myself to do a recap last night since it was basically a repeat of Friday. It appears that the market's marking time ahead of the Fed non-decision tomorrow. I'm also going to mark time by not trading until Thursday. My next recap will be tomorrow night. We'll see what the charts look like after the big bad decision.

Be sure to check out the WallStrip interview with Roger Ehrenberg. I've linked to many of Roger's posts on his blog, Information Arbitrage, so you should already be familiar with him. If you've wondered about the name of his blog I think the interview will make it clear. That or take a look at his company, Monitor110, which just launched.

On Today's Calendar:

  • 10:00 -- Consumer Confidence

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-30

Watchlist for January 29, 2007

| 6 Comments

Here's a little something to perk you up on this Monday morning. WallStrip's ode to SNL's "D*ck in a Box" -- Jack in a Box (JBX):

We've got a bit of weakness this morning and I'm wondering if sellers will kick it up a notch and really take out those trendlines on the S&P and Dow ahead of the Fed meeting on Wednesday. I think Friday's lows will be key to watch...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-29

Jan. 26, 2007 Recap

| 1 Comment | 1 TrackBack

I'm really going to have to consider taking Friday's off again. It seems like the vast majority of Fridays are lackluster just like last Friday. The indices just chopped around and closed near unchanged on lower volume. It is interesting to note that after a few weeks of either the S&P or Nasdaq outperforming the other they are both right near their middle Bollinger Bands. In fact, the Dow and Russell 2,000 are at their middle Bollinger Bands as well. So the indices appear to be realigning now. There's a Federal Reserve interest rate (non?)decision on Wednesday so perhaps the reaction to that will give a clue as to whether the indices head toward their upper or lower Bollinger Bands next.

Charts of the indices are below...

links for 2007-01-28

links for 2007-01-27

links for 2007-02-01

Recent Links

Jan. 31, 2007 Recap

| 3 Comments

The bulls clearly liked what the Fed had to say today but I always take the initial reaction with a grain of salt. Let's see if the market holds on to today's gains tomorrow to decide if this post-decision move was for real. All of the major indices are sitting near recent resistance so I'll be watching those levels closely tomorrow morning.

The Nasdaq broke the downtrend I pointed out in my last recap. It's closing in on the 2006 highs one again. I do like the bullish On-Balance Volume divergence and I imagine that bears will go into panic buying mode if today's high is taken out.

links for 2007-01-31

Watchlist for January 30, 2007

| 3 Comments

I just couldn't bring myself to do a recap last night since it was basically a repeat of Friday. It appears that the market's marking time ahead of the Fed non-decision tomorrow. I'm also going to mark time by not trading until Thursday. My next recap will be tomorrow night. We'll see what the charts look like after the big bad decision.

Be sure to check out the WallStrip interview with Roger Ehrenberg. I've linked to many of Roger's posts on his blog, Information Arbitrage, so you should already be familiar with him. If you've wondered about the name of his blog I think the interview will make it clear. That or take a look at his company, Monitor110, which just launched.

On Today's Calendar:

  • 10:00 -- Consumer Confidence

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-30

Watchlist for January 29, 2007

| 6 Comments

Here's a little something to perk you up on this Monday morning. WallStrip's ode to SNL's "D*ck in a Box" -- Jack in a Box (JBX):

We've got a bit of weakness this morning and I'm wondering if sellers will kick it up a notch and really take out those trendlines on the S&P and Dow ahead of the Fed meeting on Wednesday. I think Friday's lows will be key to watch...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-29

Jan. 26, 2007 Recap

| 1 Comment | 1 TrackBack

I'm really going to have to consider taking Friday's off again. It seems like the vast majority of Fridays are lackluster just like last Friday. The indices just chopped around and closed near unchanged on lower volume. It is interesting to note that after a few weeks of either the S&P or Nasdaq outperforming the other they are both right near their middle Bollinger Bands. In fact, the Dow and Russell 2,000 are at their middle Bollinger Bands as well. So the indices appear to be realigning now. There's a Federal Reserve interest rate (non?)decision on Wednesday so perhaps the reaction to that will give a clue as to whether the indices head toward their upper or lower Bollinger Bands next.

Charts of the indices are below...

links for 2007-01-28

links for 2007-01-27

links for 2007-02-01

Recent Links

Jan. 31, 2007 Recap

| 3 Comments

The bulls clearly liked what the Fed had to say today but I always take the initial reaction with a grain of salt. Let's see if the market holds on to today's gains tomorrow to decide if this post-decision move was for real. All of the major indices are sitting near recent resistance so I'll be watching those levels closely tomorrow morning.

The Nasdaq broke the downtrend I pointed out in my last recap. It's closing in on the 2006 highs one again. I do like the bullish On-Balance Volume divergence and I imagine that bears will go into panic buying mode if today's high is taken out.

links for 2007-01-31

Watchlist for January 30, 2007

| 3 Comments

I just couldn't bring myself to do a recap last night since it was basically a repeat of Friday. It appears that the market's marking time ahead of the Fed non-decision tomorrow. I'm also going to mark time by not trading until Thursday. My next recap will be tomorrow night. We'll see what the charts look like after the big bad decision.

Be sure to check out the WallStrip interview with Roger Ehrenberg. I've linked to many of Roger's posts on his blog, Information Arbitrage, so you should already be familiar with him. If you've wondered about the name of his blog I think the interview will make it clear. That or take a look at his company, Monitor110, which just launched.

On Today's Calendar:

  • 10:00 -- Consumer Confidence

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-30

Watchlist for January 29, 2007

| 6 Comments

Here's a little something to perk you up on this Monday morning. WallStrip's ode to SNL's "D*ck in a Box" -- Jack in a Box (JBX):

We've got a bit of weakness this morning and I'm wondering if sellers will kick it up a notch and really take out those trendlines on the S&P and Dow ahead of the Fed meeting on Wednesday. I think Friday's lows will be key to watch...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-29

Jan. 26, 2007 Recap

| 1 Comment | 1 TrackBack

I'm really going to have to consider taking Friday's off again. It seems like the vast majority of Fridays are lackluster just like last Friday. The indices just chopped around and closed near unchanged on lower volume. It is interesting to note that after a few weeks of either the S&P or Nasdaq outperforming the other they are both right near their middle Bollinger Bands. In fact, the Dow and Russell 2,000 are at their middle Bollinger Bands as well. So the indices appear to be realigning now. There's a Federal Reserve interest rate (non?)decision on Wednesday so perhaps the reaction to that will give a clue as to whether the indices head toward their upper or lower Bollinger Bands next.

Charts of the indices are below...

links for 2007-01-28

links for 2007-01-27

links for 2007-02-01

Recent Links

Jan. 31, 2007 Recap

| 3 Comments

The bulls clearly liked what the Fed had to say today but I always take the initial reaction with a grain of salt. Let's see if the market holds on to today's gains tomorrow to decide if this post-decision move was for real. All of the major indices are sitting near recent resistance so I'll be watching those levels closely tomorrow morning.

The Nasdaq broke the downtrend I pointed out in my last recap. It's closing in on the 2006 highs one again. I do like the bullish On-Balance Volume divergence and I imagine that bears will go into panic buying mode if today's high is taken out.

links for 2007-01-31

Watchlist for January 30, 2007

| 3 Comments

I just couldn't bring myself to do a recap last night since it was basically a repeat of Friday. It appears that the market's marking time ahead of the Fed non-decision tomorrow. I'm also going to mark time by not trading until Thursday. My next recap will be tomorrow night. We'll see what the charts look like after the big bad decision.

Be sure to check out the WallStrip interview with Roger Ehrenberg. I've linked to many of Roger's posts on his blog, Information Arbitrage, so you should already be familiar with him. If you've wondered about the name of his blog I think the interview will make it clear. That or take a look at his company, Monitor110, which just launched.

On Today's Calendar:

  • 10:00 -- Consumer Confidence

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-30

Watchlist for January 29, 2007

| 6 Comments

Here's a little something to perk you up on this Monday morning. WallStrip's ode to SNL's "D*ck in a Box" -- Jack in a Box (JBX):

We've got a bit of weakness this morning and I'm wondering if sellers will kick it up a notch and really take out those trendlines on the S&P and Dow ahead of the Fed meeting on Wednesday. I think Friday's lows will be key to watch...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-29

Jan. 26, 2007 Recap

| 1 Comment | 1 TrackBack

I'm really going to have to consider taking Friday's off again. It seems like the vast majority of Fridays are lackluster just like last Friday. The indices just chopped around and closed near unchanged on lower volume. It is interesting to note that after a few weeks of either the S&P or Nasdaq outperforming the other they are both right near their middle Bollinger Bands. In fact, the Dow and Russell 2,000 are at their middle Bollinger Bands as well. So the indices appear to be realigning now. There's a Federal Reserve interest rate (non?)decision on Wednesday so perhaps the reaction to that will give a clue as to whether the indices head toward their upper or lower Bollinger Bands next.

Charts of the indices are below...

links for 2007-01-28

links for 2007-01-27

links for 2007-02-01

Recent Links

Jan. 31, 2007 Recap

| 3 Comments

The bulls clearly liked what the Fed had to say today but I always take the initial reaction with a grain of salt. Let's see if the market holds on to today's gains tomorrow to decide if this post-decision move was for real. All of the major indices are sitting near recent resistance so I'll be watching those levels closely tomorrow morning.

The Nasdaq broke the downtrend I pointed out in my last recap. It's closing in on the 2006 highs one again. I do like the bullish On-Balance Volume divergence and I imagine that bears will go into panic buying mode if today's high is taken out.

links for 2007-01-31

Watchlist for January 30, 2007

| 3 Comments

I just couldn't bring myself to do a recap last night since it was basically a repeat of Friday. It appears that the market's marking time ahead of the Fed non-decision tomorrow. I'm also going to mark time by not trading until Thursday. My next recap will be tomorrow night. We'll see what the charts look like after the big bad decision.

Be sure to check out the WallStrip interview with Roger Ehrenberg. I've linked to many of Roger's posts on his blog, Information Arbitrage, so you should already be familiar with him. If you've wondered about the name of his blog I think the interview will make it clear. That or take a look at his company, Monitor110, which just launched.

On Today's Calendar:

  • 10:00 -- Consumer Confidence

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-30

Watchlist for January 29, 2007

| 6 Comments

Here's a little something to perk you up on this Monday morning. WallStrip's ode to SNL's "D*ck in a Box" -- Jack in a Box (JBX):

We've got a bit of weakness this morning and I'm wondering if sellers will kick it up a notch and really take out those trendlines on the S&P and Dow ahead of the Fed meeting on Wednesday. I think Friday's lows will be key to watch...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-29

Jan. 26, 2007 Recap

| 1 Comment | 1 TrackBack

I'm really going to have to consider taking Friday's off again. It seems like the vast majority of Fridays are lackluster just like last Friday. The indices just chopped around and closed near unchanged on lower volume. It is interesting to note that after a few weeks of either the S&P or Nasdaq outperforming the other they are both right near their middle Bollinger Bands. In fact, the Dow and Russell 2,000 are at their middle Bollinger Bands as well. So the indices appear to be realigning now. There's a Federal Reserve interest rate (non?)decision on Wednesday so perhaps the reaction to that will give a clue as to whether the indices head toward their upper or lower Bollinger Bands next.

Charts of the indices are below...

links for 2007-01-28

links for 2007-01-27

links for 2007-02-01

Recent Links

Jan. 31, 2007 Recap

| 3 Comments

The bulls clearly liked what the Fed had to say today but I always take the initial reaction with a grain of salt. Let's see if the market holds on to today's gains tomorrow to decide if this post-decision move was for real. All of the major indices are sitting near recent resistance so I'll be watching those levels closely tomorrow morning.

The Nasdaq broke the downtrend I pointed out in my last recap. It's closing in on the 2006 highs one again. I do like the bullish On-Balance Volume divergence and I imagine that bears will go into panic buying mode if today's high is taken out.

links for 2007-01-31

Watchlist for January 30, 2007

| 3 Comments

I just couldn't bring myself to do a recap last night since it was basically a repeat of Friday. It appears that the market's marking time ahead of the Fed non-decision tomorrow. I'm also going to mark time by not trading until Thursday. My next recap will be tomorrow night. We'll see what the charts look like after the big bad decision.

Be sure to check out the WallStrip interview with Roger Ehrenberg. I've linked to many of Roger's posts on his blog, Information Arbitrage, so you should already be familiar with him. If you've wondered about the name of his blog I think the interview will make it clear. That or take a look at his company, Monitor110, which just launched.

On Today's Calendar:

  • 10:00 -- Consumer Confidence

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-30

Watchlist for January 29, 2007

| 6 Comments

Here's a little something to perk you up on this Monday morning. WallStrip's ode to SNL's "D*ck in a Box" -- Jack in a Box (JBX):

We've got a bit of weakness this morning and I'm wondering if sellers will kick it up a notch and really take out those trendlines on the S&P and Dow ahead of the Fed meeting on Wednesday. I think Friday's lows will be key to watch...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-29

Jan. 26, 2007 Recap

| 1 Comment | 1 TrackBack

I'm really going to have to consider taking Friday's off again. It seems like the vast majority of Fridays are lackluster just like last Friday. The indices just chopped around and closed near unchanged on lower volume. It is interesting to note that after a few weeks of either the S&P or Nasdaq outperforming the other they are both right near their middle Bollinger Bands. In fact, the Dow and Russell 2,000 are at their middle Bollinger Bands as well. So the indices appear to be realigning now. There's a Federal Reserve interest rate (non?)decision on Wednesday so perhaps the reaction to that will give a clue as to whether the indices head toward their upper or lower Bollinger Bands next.

Charts of the indices are below...

links for 2007-01-28

links for 2007-01-27

links for 2007-02-01

Recent Links

Jan. 31, 2007 Recap

| 3 Comments

The bulls clearly liked what the Fed had to say today but I always take the initial reaction with a grain of salt. Let's see if the market holds on to today's gains tomorrow to decide if this post-decision move was for real. All of the major indices are sitting near recent resistance so I'll be watching those levels closely tomorrow morning.

The Nasdaq broke the downtrend I pointed out in my last recap. It's closing in on the 2006 highs one again. I do like the bullish On-Balance Volume divergence and I imagine that bears will go into panic buying mode if today's high is taken out.

links for 2007-01-31

Watchlist for January 30, 2007

| 3 Comments

I just couldn't bring myself to do a recap last night since it was basically a repeat of Friday. It appears that the market's marking time ahead of the Fed non-decision tomorrow. I'm also going to mark time by not trading until Thursday. My next recap will be tomorrow night. We'll see what the charts look like after the big bad decision.

Be sure to check out the WallStrip interview with Roger Ehrenberg. I've linked to many of Roger's posts on his blog, Information Arbitrage, so you should already be familiar with him. If you've wondered about the name of his blog I think the interview will make it clear. That or take a look at his company, Monitor110, which just launched.

On Today's Calendar:

  • 10:00 -- Consumer Confidence

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-30

Watchlist for January 29, 2007

| 6 Comments

Here's a little something to perk you up on this Monday morning. WallStrip's ode to SNL's "D*ck in a Box" -- Jack in a Box (JBX):

We've got a bit of weakness this morning and I'm wondering if sellers will kick it up a notch and really take out those trendlines on the S&P and Dow ahead of the Fed meeting on Wednesday. I think Friday's lows will be key to watch...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-01-29

Jan. 26, 2007 Recap

| 1 Comment | 1 TrackBack

I'm really going to have to consider taking Friday's off again. It seems like the vast majority of Fridays are lackluster just like last Friday. The indices just chopped around and closed near unchanged on lower volume. It is interesting to note that after a few weeks of either the S&P or Nasdaq outperforming the other they are both right near their middle Bollinger Bands. In fact, the Dow and Russell 2,000 are at their middle Bollinger Bands as well. So the indices appear to be realigning now. There's a Federal Reserve interest rate (non?)decision on Wednesday so perhaps the reaction to that will give a clue as to whether the indices head toward their upper or lower Bollinger Bands next.

Charts of the indices are below...

links for 2007-01-28