-
The ouster of its accounting officer 'suggests there could be corporate involvement' in a lending scandal, according to one analyst.(tags: stocks realestate)
-
These tools put the market (and any evaluations) in your hands.
-
For this week’s Friday Chat, Lindsay sits down with Rikki Tahta, Chairman and Co-Founder of Covestor, a brand-new play in the web 2.0 financial space.
-
Who's likely to get badly hurt as the subprime lending crunch assaults various pools of high-risk debt? Pension funds, mutual funds and other victims shockingly close to your wallet.
June 2007 Archives
I finally got a chance to play around with my MyTrade page. The site is still in beta but it's coming along nicely. Think of it as a personalized start page, not unlike My Yahoo, NetVibes or Google Personalized Home Page (iGoogle), except MyTrade is geared toward stocks. The site allows you to customize your page by adding various pods (widgets). There are pods for stock watch lists, charts, quotes, news, videos by stock ticker, links/bookmarks, RSS feeds (you can use it to subscribe to blogs or other sites with feeds), etc. They've even made it easy to copy somebody else's page to use as a template for your own page. I know the founders, Andy and Landon Swan, have some more features to roll out. It should be interesting to watch MyTrade grow from its current version 0.03 to version 1.0.
-
In an effort to get some more publicity for the merger of Luxottica Group (LUX) and Oakley Inc. (OO), Lindsay works on her YouTube moves with viral video expert Obama Girl.(tags: stocks)
-
The revamped NYSE Euronext blog
-
many trading problems occur, not because of traders' weaknesses, but because their strengths do not align properly with their trading(tags: trading)
-
Customers do not want us to be NASDAQ. They do not want another super-fast video game with no price improvement and high volatility...
-
Forget about Google and Yahoo. Chinese Internet stocks are truly on fire, and analysts see more upside ahead.
-
Caliber is the second U.K. fund this week to report fallout from rising defaults by American homeowners (d'oh!)
From a Bloomberg article about the second U.K. hedge fund this week to blow up due to subprime mortgage investments (via Jack Stevison):
"The losses are going to be phenomenal" for funds worldwide holding subprime debt, said Peter Schiff, president of securities brokerage Euro Pacific Capital in Darien, Connecticut. "My guesstimate in the subprime world is that the majority of loans are going to go into default. Not just 5 or 10 percent, but the majority."
I'd like to know if there are any funds making money off of these subprime woes. Can these CDOs or whatever the heck they are be shorted?
It's Fed day and that means no trading for me. In fact, I won't be trading until the second week of July. With the 4th of July in the middle of next week it's sure to be a slow, low volume week. That's just the kind of week I'd love to avoid -- so I shall. Look for regular posting (watchlists and daily recaps) to resume around July 9th. I do have some book reviews and a few other things to publish so look for those over the coming days. Or, as always, you could just subscribe and they'll come to you.
On Today's Calendar:
- 10:00 -- Help-Wanted Index
- 2:15 -- FOMC policy statement
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
Wallstrip revisits Adobe Systems Inc., proving (ADBE) aint no flash in the plan
-
Amid subprime woes, today's ultra-wealthy continue to build enormous trophy homes as testaments to their success
-
It's getting harder to see how much longer the housing market will continue to drop before hitting bottom
-
If you use or are considering using Trade-Ideas you may want to watch this presentation on Thursday, June 28, 2007 at 12 noon EST
-
Knowing your ranges enables you to anticipate these breakout and mean reversion moves. Knowing how large traders are behaving at range extremes enables you to handicap the odds of sustaining moves outside the ranges.(tags: trading technicalanalysis)
-
Here are our favorite stops in the blogosphere, covering everything from high tech to low comedy and all manner of pursuits in between.
-
You're most likely to succeed if you have a curriculum, a way to practice skills, and a way to learn from your successes and shortcomings.(tags: trading)
After two very choppy days the market found its footing and had a trend day. There are theories for why the market rallied today (rates dropping; Bear Stearns' comments; bears taking cover ahead of the Fed) but I'd like to think that it was just an oversold, technical bounce. The S&P bounced off of its June low, which we've been watching for a few days now, and the Nasdaq rebounded from its 50-day moving average. Volume was basically flat with the levels of the previous two sessions. I would have expected more volume from a day with such a big move in price. Perhaps the looming Fed statement had people holding back just a bit.



No changes.
| Trend | Nasdaq | S&P 500 | Russell 2000 |
| Primary | Up | Up | Up |
| Intermediate | Up | Lat | Lat |
| Short-term | Up(+) | Down | Lat(+) |
(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend
We're gapping down this morning right near the June lows on the S&P 500. Let's see if buyers can defend that support area.
On Today's Calendar:
- 10:30 -- Crude Inventories
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
The Nerds know something that you don’t: semiconductors are back like Ray-Bans…well, some of them are. Advanced Semiconductor Engineering Inc. (ASX), Siliconware Precision Industries Co. Ltd. (SPIL), and National Semiconductor Corp. (NSM)(tags: stocks)
-
Will iPhone live up to the expectations of today’s tech-savvy consumers? Here’s what BetUS.com is betting:
-
We'll want to see signs of selling drying up on Tuesday, with Monday's price lows holding, to aggressively act on these bullish historical patterns.(tags: stocks)
-
The SEC is inquiring into the near-collapse of its fund, and Bear Stearns CEO James Cayne's reputation may be on the line
-
Talk about dumb money: The largest single investor in Blackstone's IPO was the government of China, which displays its investment prowess running the world's most speculative stock market...(tags: stocks)
-
Have you ever wondered how Warren Buffet made his millions? In this article we look at the concept of compounding.
-
There are three different types of gaps: Breakaway, Runaway and Exhaustion gaps. Each of these gaps appear at a different cycles of the markets....(tags: stocks technicalanalysis)
-
Everquest Financial has withdrawn an initial public offering that disclosed that its assets had been bought from Bear Stearns’ two troubled hedge funds.
-
Ask, Answer, and Discover Knowledge (and make money answering questions)
-
Can you say lawsuits?
-
So yes, the iPhone is amazing. But no, it’s not perfect.
-
It isn’t for the average person who just wants a cheap, small phone for calling and texting. But, despite its network limitations, the iPhone is a whole new experience and a pleasure to use.
-
TENS of thousands of people are expected to line up this Friday for themost hyped gadget of the decade - the iPhone. Don't be one of them.
Today's trading was almost a replay of yesterday's. For the second day in a row a good sized rally fizzled in the afternoon. In fact, rallies fizzled twice today -- the opening gap got faded, then we got a strong bounce which got faded. Here's a shot of the QQQQ's intraday action over the last two sessions:

Despite the ugly closes the last two sessions the indices remain above their June lows. It sure feels like the market isn't going to move far from this area until after the Fed decision on Thursday. It feels like we're setup for a nice upside pop and the Fed statement may be the trigger.
Charts of the S&P 500, Nasdaq and Russell 2000 are below:
-
The ouster of its accounting officer 'suggests there could be corporate involvement' in a lending scandal, according to one analyst.(tags: stocks realestate)
-
These tools put the market (and any evaluations) in your hands.
-
For this week’s Friday Chat, Lindsay sits down with Rikki Tahta, Chairman and Co-Founder of Covestor, a brand-new play in the web 2.0 financial space.
-
Who's likely to get badly hurt as the subprime lending crunch assaults various pools of high-risk debt? Pension funds, mutual funds and other victims shockingly close to your wallet.
I finally got a chance to play around with my MyTrade page. The site is still in beta but it's coming along nicely. Think of it as a personalized start page, not unlike My Yahoo, NetVibes or Google Personalized Home Page (iGoogle), except MyTrade is geared toward stocks. The site allows you to customize your page by adding various pods (widgets). There are pods for stock watch lists, charts, quotes, news, videos by stock ticker, links/bookmarks, RSS feeds (you can use it to subscribe to blogs or other sites with feeds), etc. They've even made it easy to copy somebody else's page to use as a template for your own page. I know the founders, Andy and Landon Swan, have some more features to roll out. It should be interesting to watch MyTrade grow from its current version 0.03 to version 1.0.
-
In an effort to get some more publicity for the merger of Luxottica Group (LUX) and Oakley Inc. (OO), Lindsay works on her YouTube moves with viral video expert Obama Girl.(tags: stocks)
-
The revamped NYSE Euronext blog
-
many trading problems occur, not because of traders' weaknesses, but because their strengths do not align properly with their trading(tags: trading)
-
Customers do not want us to be NASDAQ. They do not want another super-fast video game with no price improvement and high volatility...
-
Forget about Google and Yahoo. Chinese Internet stocks are truly on fire, and analysts see more upside ahead.
-
Caliber is the second U.K. fund this week to report fallout from rising defaults by American homeowners (d'oh!)
From a Bloomberg article about the second U.K. hedge fund this week to blow up due to subprime mortgage investments (via Jack Stevison):
"The losses are going to be phenomenal" for funds worldwide holding subprime debt, said Peter Schiff, president of securities brokerage Euro Pacific Capital in Darien, Connecticut. "My guesstimate in the subprime world is that the majority of loans are going to go into default. Not just 5 or 10 percent, but the majority."
I'd like to know if there are any funds making money off of these subprime woes. Can these CDOs or whatever the heck they are be shorted?
It's Fed day and that means no trading for me. In fact, I won't be trading until the second week of July. With the 4th of July in the middle of next week it's sure to be a slow, low volume week. That's just the kind of week I'd love to avoid -- so I shall. Look for regular posting (watchlists and daily recaps) to resume around July 9th. I do have some book reviews and a few other things to publish so look for those over the coming days. Or, as always, you could just subscribe and they'll come to you.
On Today's Calendar:
- 10:00 -- Help-Wanted Index
- 2:15 -- FOMC policy statement
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
Wallstrip revisits Adobe Systems Inc., proving (ADBE) aint no flash in the plan
-
Amid subprime woes, today's ultra-wealthy continue to build enormous trophy homes as testaments to their success
-
It's getting harder to see how much longer the housing market will continue to drop before hitting bottom
-
If you use or are considering using Trade-Ideas you may want to watch this presentation on Thursday, June 28, 2007 at 12 noon EST
-
Knowing your ranges enables you to anticipate these breakout and mean reversion moves. Knowing how large traders are behaving at range extremes enables you to handicap the odds of sustaining moves outside the ranges.(tags: trading technicalanalysis)
-
Here are our favorite stops in the blogosphere, covering everything from high tech to low comedy and all manner of pursuits in between.
-
You're most likely to succeed if you have a curriculum, a way to practice skills, and a way to learn from your successes and shortcomings.(tags: trading)
After two very choppy days the market found its footing and had a trend day. There are theories for why the market rallied today (rates dropping; Bear Stearns' comments; bears taking cover ahead of the Fed) but I'd like to think that it was just an oversold, technical bounce. The S&P bounced off of its June low, which we've been watching for a few days now, and the Nasdaq rebounded from its 50-day moving average. Volume was basically flat with the levels of the previous two sessions. I would have expected more volume from a day with such a big move in price. Perhaps the looming Fed statement had people holding back just a bit.



No changes.
| Trend | Nasdaq | S&P 500 | Russell 2000 |
| Primary | Up | Up | Up |
| Intermediate | Up | Lat | Lat |
| Short-term | Up(+) | Down | Lat(+) |
(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend
We're gapping down this morning right near the June lows on the S&P 500. Let's see if buyers can defend that support area.
On Today's Calendar:
- 10:30 -- Crude Inventories
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
The Nerds know something that you don’t: semiconductors are back like Ray-Bans…well, some of them are. Advanced Semiconductor Engineering Inc. (ASX), Siliconware Precision Industries Co. Ltd. (SPIL), and National Semiconductor Corp. (NSM)(tags: stocks)
-
Will iPhone live up to the expectations of today’s tech-savvy consumers? Here’s what BetUS.com is betting:
-
We'll want to see signs of selling drying up on Tuesday, with Monday's price lows holding, to aggressively act on these bullish historical patterns.(tags: stocks)
-
The SEC is inquiring into the near-collapse of its fund, and Bear Stearns CEO James Cayne's reputation may be on the line
-
Talk about dumb money: The largest single investor in Blackstone's IPO was the government of China, which displays its investment prowess running the world's most speculative stock market...(tags: stocks)
-
Have you ever wondered how Warren Buffet made his millions? In this article we look at the concept of compounding.
-
There are three different types of gaps: Breakaway, Runaway and Exhaustion gaps. Each of these gaps appear at a different cycles of the markets....(tags: stocks technicalanalysis)
-
Everquest Financial has withdrawn an initial public offering that disclosed that its assets had been bought from Bear Stearns’ two troubled hedge funds.
-
Ask, Answer, and Discover Knowledge (and make money answering questions)
-
Can you say lawsuits?
-
So yes, the iPhone is amazing. But no, it’s not perfect.
-
It isn’t for the average person who just wants a cheap, small phone for calling and texting. But, despite its network limitations, the iPhone is a whole new experience and a pleasure to use.
-
TENS of thousands of people are expected to line up this Friday for themost hyped gadget of the decade - the iPhone. Don't be one of them.
Today's trading was almost a replay of yesterday's. For the second day in a row a good sized rally fizzled in the afternoon. In fact, rallies fizzled twice today -- the opening gap got faded, then we got a strong bounce which got faded. Here's a shot of the QQQQ's intraday action over the last two sessions:

Despite the ugly closes the last two sessions the indices remain above their June lows. It sure feels like the market isn't going to move far from this area until after the Fed decision on Thursday. It feels like we're setup for a nice upside pop and the Fed statement may be the trigger.
Charts of the S&P 500, Nasdaq and Russell 2000 are below:
-
The ouster of its accounting officer 'suggests there could be corporate involvement' in a lending scandal, according to one analyst.(tags: stocks realestate)
-
These tools put the market (and any evaluations) in your hands.
-
For this week’s Friday Chat, Lindsay sits down with Rikki Tahta, Chairman and Co-Founder of Covestor, a brand-new play in the web 2.0 financial space.
-
Who's likely to get badly hurt as the subprime lending crunch assaults various pools of high-risk debt? Pension funds, mutual funds and other victims shockingly close to your wallet.
I finally got a chance to play around with my MyTrade page. The site is still in beta but it's coming along nicely. Think of it as a personalized start page, not unlike My Yahoo, NetVibes or Google Personalized Home Page (iGoogle), except MyTrade is geared toward stocks. The site allows you to customize your page by adding various pods (widgets). There are pods for stock watch lists, charts, quotes, news, videos by stock ticker, links/bookmarks, RSS feeds (you can use it to subscribe to blogs or other sites with feeds), etc. They've even made it easy to copy somebody else's page to use as a template for your own page. I know the founders, Andy and Landon Swan, have some more features to roll out. It should be interesting to watch MyTrade grow from its current version 0.03 to version 1.0.
-
In an effort to get some more publicity for the merger of Luxottica Group (LUX) and Oakley Inc. (OO), Lindsay works on her YouTube moves with viral video expert Obama Girl.(tags: stocks)
-
The revamped NYSE Euronext blog
-
many trading problems occur, not because of traders' weaknesses, but because their strengths do not align properly with their trading(tags: trading)
-
Customers do not want us to be NASDAQ. They do not want another super-fast video game with no price improvement and high volatility...
-
Forget about Google and Yahoo. Chinese Internet stocks are truly on fire, and analysts see more upside ahead.
-
Caliber is the second U.K. fund this week to report fallout from rising defaults by American homeowners (d'oh!)
From a Bloomberg article about the second U.K. hedge fund this week to blow up due to subprime mortgage investments (via Jack Stevison):
"The losses are going to be phenomenal" for funds worldwide holding subprime debt, said Peter Schiff, president of securities brokerage Euro Pacific Capital in Darien, Connecticut. "My guesstimate in the subprime world is that the majority of loans are going to go into default. Not just 5 or 10 percent, but the majority."
I'd like to know if there are any funds making money off of these subprime woes. Can these CDOs or whatever the heck they are be shorted?
It's Fed day and that means no trading for me. In fact, I won't be trading until the second week of July. With the 4th of July in the middle of next week it's sure to be a slow, low volume week. That's just the kind of week I'd love to avoid -- so I shall. Look for regular posting (watchlists and daily recaps) to resume around July 9th. I do have some book reviews and a few other things to publish so look for those over the coming days. Or, as always, you could just subscribe and they'll come to you.
On Today's Calendar:
- 10:00 -- Help-Wanted Index
- 2:15 -- FOMC policy statement
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
Wallstrip revisits Adobe Systems Inc., proving (ADBE) aint no flash in the plan
-
Amid subprime woes, today's ultra-wealthy continue to build enormous trophy homes as testaments to their success
-
It's getting harder to see how much longer the housing market will continue to drop before hitting bottom
-
If you use or are considering using Trade-Ideas you may want to watch this presentation on Thursday, June 28, 2007 at 12 noon EST
-
Knowing your ranges enables you to anticipate these breakout and mean reversion moves. Knowing how large traders are behaving at range extremes enables you to handicap the odds of sustaining moves outside the ranges.(tags: trading technicalanalysis)
-
Here are our favorite stops in the blogosphere, covering everything from high tech to low comedy and all manner of pursuits in between.
-
You're most likely to succeed if you have a curriculum, a way to practice skills, and a way to learn from your successes and shortcomings.(tags: trading)
After two very choppy days the market found its footing and had a trend day. There are theories for why the market rallied today (rates dropping; Bear Stearns' comments; bears taking cover ahead of the Fed) but I'd like to think that it was just an oversold, technical bounce. The S&P bounced off of its June low, which we've been watching for a few days now, and the Nasdaq rebounded from its 50-day moving average. Volume was basically flat with the levels of the previous two sessions. I would have expected more volume from a day with such a big move in price. Perhaps the looming Fed statement had people holding back just a bit.



No changes.
| Trend | Nasdaq | S&P 500 | Russell 2000 |
| Primary | Up | Up | Up |
| Intermediate | Up | Lat | Lat |
| Short-term | Up(+) | Down | Lat(+) |
(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend
We're gapping down this morning right near the June lows on the S&P 500. Let's see if buyers can defend that support area.
On Today's Calendar:
- 10:30 -- Crude Inventories
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
The Nerds know something that you don’t: semiconductors are back like Ray-Bans…well, some of them are. Advanced Semiconductor Engineering Inc. (ASX), Siliconware Precision Industries Co. Ltd. (SPIL), and National Semiconductor Corp. (NSM)(tags: stocks)
-
Will iPhone live up to the expectations of today’s tech-savvy consumers? Here’s what BetUS.com is betting:
-
We'll want to see signs of selling drying up on Tuesday, with Monday's price lows holding, to aggressively act on these bullish historical patterns.(tags: stocks)
-
The SEC is inquiring into the near-collapse of its fund, and Bear Stearns CEO James Cayne's reputation may be on the line
-
Talk about dumb money: The largest single investor in Blackstone's IPO was the government of China, which displays its investment prowess running the world's most speculative stock market...(tags: stocks)
-
Have you ever wondered how Warren Buffet made his millions? In this article we look at the concept of compounding.
-
There are three different types of gaps: Breakaway, Runaway and Exhaustion gaps. Each of these gaps appear at a different cycles of the markets....(tags: stocks technicalanalysis)
-
Everquest Financial has withdrawn an initial public offering that disclosed that its assets had been bought from Bear Stearns’ two troubled hedge funds.
-
Ask, Answer, and Discover Knowledge (and make money answering questions)
-
Can you say lawsuits?
-
So yes, the iPhone is amazing. But no, it’s not perfect.
-
It isn’t for the average person who just wants a cheap, small phone for calling and texting. But, despite its network limitations, the iPhone is a whole new experience and a pleasure to use.
-
TENS of thousands of people are expected to line up this Friday for themost hyped gadget of the decade - the iPhone. Don't be one of them.
Today's trading was almost a replay of yesterday's. For the second day in a row a good sized rally fizzled in the afternoon. In fact, rallies fizzled twice today -- the opening gap got faded, then we got a strong bounce which got faded. Here's a shot of the QQQQ's intraday action over the last two sessions:

Despite the ugly closes the last two sessions the indices remain above their June lows. It sure feels like the market isn't going to move far from this area until after the Fed decision on Thursday. It feels like we're setup for a nice upside pop and the Fed statement may be the trigger.
Charts of the S&P 500, Nasdaq and Russell 2000 are below:
-
The ouster of its accounting officer 'suggests there could be corporate involvement' in a lending scandal, according to one analyst.(tags: stocks realestate)
-
These tools put the market (and any evaluations) in your hands.
-
For this week’s Friday Chat, Lindsay sits down with Rikki Tahta, Chairman and Co-Founder of Covestor, a brand-new play in the web 2.0 financial space.
-
Who's likely to get badly hurt as the subprime lending crunch assaults various pools of high-risk debt? Pension funds, mutual funds and other victims shockingly close to your wallet.
I finally got a chance to play around with my MyTrade page. The site is still in beta but it's coming along nicely. Think of it as a personalized start page, not unlike My Yahoo, NetVibes or Google Personalized Home Page (iGoogle), except MyTrade is geared toward stocks. The site allows you to customize your page by adding various pods (widgets). There are pods for stock watch lists, charts, quotes, news, videos by stock ticker, links/bookmarks, RSS feeds (you can use it to subscribe to blogs or other sites with feeds), etc. They've even made it easy to copy somebody else's page to use as a template for your own page. I know the founders, Andy and Landon Swan, have some more features to roll out. It should be interesting to watch MyTrade grow from its current version 0.03 to version 1.0.
-
In an effort to get some more publicity for the merger of Luxottica Group (LUX) and Oakley Inc. (OO), Lindsay works on her YouTube moves with viral video expert Obama Girl.(tags: stocks)
-
The revamped NYSE Euronext blog
-
many trading problems occur, not because of traders' weaknesses, but because their strengths do not align properly with their trading(tags: trading)
-
Customers do not want us to be NASDAQ. They do not want another super-fast video game with no price improvement and high volatility...
-
Forget about Google and Yahoo. Chinese Internet stocks are truly on fire, and analysts see more upside ahead.
-
Caliber is the second U.K. fund this week to report fallout from rising defaults by American homeowners (d'oh!)
From a Bloomberg article about the second U.K. hedge fund this week to blow up due to subprime mortgage investments (via Jack Stevison):
"The losses are going to be phenomenal" for funds worldwide holding subprime debt, said Peter Schiff, president of securities brokerage Euro Pacific Capital in Darien, Connecticut. "My guesstimate in the subprime world is that the majority of loans are going to go into default. Not just 5 or 10 percent, but the majority."
I'd like to know if there are any funds making money off of these subprime woes. Can these CDOs or whatever the heck they are be shorted?
It's Fed day and that means no trading for me. In fact, I won't be trading until the second week of July. With the 4th of July in the middle of next week it's sure to be a slow, low volume week. That's just the kind of week I'd love to avoid -- so I shall. Look for regular posting (watchlists and daily recaps) to resume around July 9th. I do have some book reviews and a few other things to publish so look for those over the coming days. Or, as always, you could just subscribe and they'll come to you.
On Today's Calendar:
- 10:00 -- Help-Wanted Index
- 2:15 -- FOMC policy statement
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
Wallstrip revisits Adobe Systems Inc., proving (ADBE) aint no flash in the plan
-
Amid subprime woes, today's ultra-wealthy continue to build enormous trophy homes as testaments to their success
-
It's getting harder to see how much longer the housing market will continue to drop before hitting bottom
-
If you use or are considering using Trade-Ideas you may want to watch this presentation on Thursday, June 28, 2007 at 12 noon EST
-
Knowing your ranges enables you to anticipate these breakout and mean reversion moves. Knowing how large traders are behaving at range extremes enables you to handicap the odds of sustaining moves outside the ranges.(tags: trading technicalanalysis)
-
Here are our favorite stops in the blogosphere, covering everything from high tech to low comedy and all manner of pursuits in between.
-
You're most likely to succeed if you have a curriculum, a way to practice skills, and a way to learn from your successes and shortcomings.(tags: trading)
After two very choppy days the market found its footing and had a trend day. There are theories for why the market rallied today (rates dropping; Bear Stearns' comments; bears taking cover ahead of the Fed) but I'd like to think that it was just an oversold, technical bounce. The S&P bounced off of its June low, which we've been watching for a few days now, and the Nasdaq rebounded from its 50-day moving average. Volume was basically flat with the levels of the previous two sessions. I would have expected more volume from a day with such a big move in price. Perhaps the looming Fed statement had people holding back just a bit.



No changes.
| Trend | Nasdaq | S&P 500 | Russell 2000 |
| Primary | Up | Up | Up |
| Intermediate | Up | Lat | Lat |
| Short-term | Up(+) | Down | Lat(+) |
(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend
We're gapping down this morning right near the June lows on the S&P 500. Let's see if buyers can defend that support area.
On Today's Calendar:
- 10:30 -- Crude Inventories
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
The Nerds know something that you don’t: semiconductors are back like Ray-Bans…well, some of them are. Advanced Semiconductor Engineering Inc. (ASX), Siliconware Precision Industries Co. Ltd. (SPIL), and National Semiconductor Corp. (NSM)(tags: stocks)
-
Will iPhone live up to the expectations of today’s tech-savvy consumers? Here’s what BetUS.com is betting:
-
We'll want to see signs of selling drying up on Tuesday, with Monday's price lows holding, to aggressively act on these bullish historical patterns.(tags: stocks)
-
The SEC is inquiring into the near-collapse of its fund, and Bear Stearns CEO James Cayne's reputation may be on the line
-
Talk about dumb money: The largest single investor in Blackstone's IPO was the government of China, which displays its investment prowess running the world's most speculative stock market...(tags: stocks)
-
Have you ever wondered how Warren Buffet made his millions? In this article we look at the concept of compounding.
-
There are three different types of gaps: Breakaway, Runaway and Exhaustion gaps. Each of these gaps appear at a different cycles of the markets....(tags: stocks technicalanalysis)
-
Everquest Financial has withdrawn an initial public offering that disclosed that its assets had been bought from Bear Stearns’ two troubled hedge funds.
-
Ask, Answer, and Discover Knowledge (and make money answering questions)
-
Can you say lawsuits?
-
So yes, the iPhone is amazing. But no, it’s not perfect.
-
It isn’t for the average person who just wants a cheap, small phone for calling and texting. But, despite its network limitations, the iPhone is a whole new experience and a pleasure to use.
-
TENS of thousands of people are expected to line up this Friday for themost hyped gadget of the decade - the iPhone. Don't be one of them.
Today's trading was almost a replay of yesterday's. For the second day in a row a good sized rally fizzled in the afternoon. In fact, rallies fizzled twice today -- the opening gap got faded, then we got a strong bounce which got faded. Here's a shot of the QQQQ's intraday action over the last two sessions:

Despite the ugly closes the last two sessions the indices remain above their June lows. It sure feels like the market isn't going to move far from this area until after the Fed decision on Thursday. It feels like we're setup for a nice upside pop and the Fed statement may be the trigger.
Charts of the S&P 500, Nasdaq and Russell 2000 are below:
-
The ouster of its accounting officer 'suggests there could be corporate involvement' in a lending scandal, according to one analyst.(tags: stocks realestate)
-
These tools put the market (and any evaluations) in your hands.
-
For this week’s Friday Chat, Lindsay sits down with Rikki Tahta, Chairman and Co-Founder of Covestor, a brand-new play in the web 2.0 financial space.
-
Who's likely to get badly hurt as the subprime lending crunch assaults various pools of high-risk debt? Pension funds, mutual funds and other victims shockingly close to your wallet.
I finally got a chance to play around with my MyTrade page. The site is still in beta but it's coming along nicely. Think of it as a personalized start page, not unlike My Yahoo, NetVibes or Google Personalized Home Page (iGoogle), except MyTrade is geared toward stocks. The site allows you to customize your page by adding various pods (widgets). There are pods for stock watch lists, charts, quotes, news, videos by stock ticker, links/bookmarks, RSS feeds (you can use it to subscribe to blogs or other sites with feeds), etc. They've even made it easy to copy somebody else's page to use as a template for your own page. I know the founders, Andy and Landon Swan, have some more features to roll out. It should be interesting to watch MyTrade grow from its current version 0.03 to version 1.0.
-
In an effort to get some more publicity for the merger of Luxottica Group (LUX) and Oakley Inc. (OO), Lindsay works on her YouTube moves with viral video expert Obama Girl.(tags: stocks)
-
The revamped NYSE Euronext blog
-
many trading problems occur, not because of traders' weaknesses, but because their strengths do not align properly with their trading(tags: trading)
-
Customers do not want us to be NASDAQ. They do not want another super-fast video game with no price improvement and high volatility...
-
Forget about Google and Yahoo. Chinese Internet stocks are truly on fire, and analysts see more upside ahead.
-
Caliber is the second U.K. fund this week to report fallout from rising defaults by American homeowners (d'oh!)
From a Bloomberg article about the second U.K. hedge fund this week to blow up due to subprime mortgage investments (via Jack Stevison):
"The losses are going to be phenomenal" for funds worldwide holding subprime debt, said Peter Schiff, president of securities brokerage Euro Pacific Capital in Darien, Connecticut. "My guesstimate in the subprime world is that the majority of loans are going to go into default. Not just 5 or 10 percent, but the majority."
I'd like to know if there are any funds making money off of these subprime woes. Can these CDOs or whatever the heck they are be shorted?
It's Fed day and that means no trading for me. In fact, I won't be trading until the second week of July. With the 4th of July in the middle of next week it's sure to be a slow, low volume week. That's just the kind of week I'd love to avoid -- so I shall. Look for regular posting (watchlists and daily recaps) to resume around July 9th. I do have some book reviews and a few other things to publish so look for those over the coming days. Or, as always, you could just subscribe and they'll come to you.
On Today's Calendar:
- 10:00 -- Help-Wanted Index
- 2:15 -- FOMC policy statement
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
Wallstrip revisits Adobe Systems Inc., proving (ADBE) aint no flash in the plan
-
Amid subprime woes, today's ultra-wealthy continue to build enormous trophy homes as testaments to their success
-
It's getting harder to see how much longer the housing market will continue to drop before hitting bottom
-
If you use or are considering using Trade-Ideas you may want to watch this presentation on Thursday, June 28, 2007 at 12 noon EST
-
Knowing your ranges enables you to anticipate these breakout and mean reversion moves. Knowing how large traders are behaving at range extremes enables you to handicap the odds of sustaining moves outside the ranges.(tags: trading technicalanalysis)
-
Here are our favorite stops in the blogosphere, covering everything from high tech to low comedy and all manner of pursuits in between.
-
You're most likely to succeed if you have a curriculum, a way to practice skills, and a way to learn from your successes and shortcomings.(tags: trading)
After two very choppy days the market found its footing and had a trend day. There are theories for why the market rallied today (rates dropping; Bear Stearns' comments; bears taking cover ahead of the Fed) but I'd like to think that it was just an oversold, technical bounce. The S&P bounced off of its June low, which we've been watching for a few days now, and the Nasdaq rebounded from its 50-day moving average. Volume was basically flat with the levels of the previous two sessions. I would have expected more volume from a day with such a big move in price. Perhaps the looming Fed statement had people holding back just a bit.



No changes.
| Trend | Nasdaq | S&P 500 | Russell 2000 |
| Primary | Up | Up | Up |
| Intermediate | Up | Lat | Lat |
| Short-term | Up(+) | Down | Lat(+) |
(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend
We're gapping down this morning right near the June lows on the S&P 500. Let's see if buyers can defend that support area.
On Today's Calendar:
- 10:30 -- Crude Inventories
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
The Nerds know something that you don’t: semiconductors are back like Ray-Bans…well, some of them are. Advanced Semiconductor Engineering Inc. (ASX), Siliconware Precision Industries Co. Ltd. (SPIL), and National Semiconductor Corp. (NSM)(tags: stocks)
-
Will iPhone live up to the expectations of today’s tech-savvy consumers? Here’s what BetUS.com is betting:
-
We'll want to see signs of selling drying up on Tuesday, with Monday's price lows holding, to aggressively act on these bullish historical patterns.(tags: stocks)
-
The SEC is inquiring into the near-collapse of its fund, and Bear Stearns CEO James Cayne's reputation may be on the line
-
Talk about dumb money: The largest single investor in Blackstone's IPO was the government of China, which displays its investment prowess running the world's most speculative stock market...(tags: stocks)
-
Have you ever wondered how Warren Buffet made his millions? In this article we look at the concept of compounding.
-
There are three different types of gaps: Breakaway, Runaway and Exhaustion gaps. Each of these gaps appear at a different cycles of the markets....(tags: stocks technicalanalysis)
-
Everquest Financial has withdrawn an initial public offering that disclosed that its assets had been bought from Bear Stearns’ two troubled hedge funds.
-
Ask, Answer, and Discover Knowledge (and make money answering questions)
-
Can you say lawsuits?
-
So yes, the iPhone is amazing. But no, it’s not perfect.
-
It isn’t for the average person who just wants a cheap, small phone for calling and texting. But, despite its network limitations, the iPhone is a whole new experience and a pleasure to use.
-
TENS of thousands of people are expected to line up this Friday for themost hyped gadget of the decade - the iPhone. Don't be one of them.
Today's trading was almost a replay of yesterday's. For the second day in a row a good sized rally fizzled in the afternoon. In fact, rallies fizzled twice today -- the opening gap got faded, then we got a strong bounce which got faded. Here's a shot of the QQQQ's intraday action over the last two sessions:

Despite the ugly closes the last two sessions the indices remain above their June lows. It sure feels like the market isn't going to move far from this area until after the Fed decision on Thursday. It feels like we're setup for a nice upside pop and the Fed statement may be the trigger.
Charts of the S&P 500, Nasdaq and Russell 2000 are below:
-
The ouster of its accounting officer 'suggests there could be corporate involvement' in a lending scandal, according to one analyst.(tags: stocks realestate)
-
These tools put the market (and any evaluations) in your hands.
-
For this week’s Friday Chat, Lindsay sits down with Rikki Tahta, Chairman and Co-Founder of Covestor, a brand-new play in the web 2.0 financial space.
-
Who's likely to get badly hurt as the subprime lending crunch assaults various pools of high-risk debt? Pension funds, mutual funds and other victims shockingly close to your wallet.
I finally got a chance to play around with my MyTrade page. The site is still in beta but it's coming along nicely. Think of it as a personalized start page, not unlike My Yahoo, NetVibes or Google Personalized Home Page (iGoogle), except MyTrade is geared toward stocks. The site allows you to customize your page by adding various pods (widgets). There are pods for stock watch lists, charts, quotes, news, videos by stock ticker, links/bookmarks, RSS feeds (you can use it to subscribe to blogs or other sites with feeds), etc. They've even made it easy to copy somebody else's page to use as a template for your own page. I know the founders, Andy and Landon Swan, have some more features to roll out. It should be interesting to watch MyTrade grow from its current version 0.03 to version 1.0.
-
In an effort to get some more publicity for the merger of Luxottica Group (LUX) and Oakley Inc. (OO), Lindsay works on her YouTube moves with viral video expert Obama Girl.(tags: stocks)
-
The revamped NYSE Euronext blog
-
many trading problems occur, not because of traders' weaknesses, but because their strengths do not align properly with their trading(tags: trading)
-
Customers do not want us to be NASDAQ. They do not want another super-fast video game with no price improvement and high volatility...
-
Forget about Google and Yahoo. Chinese Internet stocks are truly on fire, and analysts see more upside ahead.
-
Caliber is the second U.K. fund this week to report fallout from rising defaults by American homeowners (d'oh!)
From a Bloomberg article about the second U.K. hedge fund this week to blow up due to subprime mortgage investments (via Jack Stevison):
"The losses are going to be phenomenal" for funds worldwide holding subprime debt, said Peter Schiff, president of securities brokerage Euro Pacific Capital in Darien, Connecticut. "My guesstimate in the subprime world is that the majority of loans are going to go into default. Not just 5 or 10 percent, but the majority."
I'd like to know if there are any funds making money off of these subprime woes. Can these CDOs or whatever the heck they are be shorted?
It's Fed day and that means no trading for me. In fact, I won't be trading until the second week of July. With the 4th of July in the middle of next week it's sure to be a slow, low volume week. That's just the kind of week I'd love to avoid -- so I shall. Look for regular posting (watchlists and daily recaps) to resume around July 9th. I do have some book reviews and a few other things to publish so look for those over the coming days. Or, as always, you could just subscribe and they'll come to you.
On Today's Calendar:
- 10:00 -- Help-Wanted Index
- 2:15 -- FOMC policy statement
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
Wallstrip revisits Adobe Systems Inc., proving (ADBE) aint no flash in the plan
-
Amid subprime woes, today's ultra-wealthy continue to build enormous trophy homes as testaments to their success
-
It's getting harder to see how much longer the housing market will continue to drop before hitting bottom
-
If you use or are considering using Trade-Ideas you may want to watch this presentation on Thursday, June 28, 2007 at 12 noon EST
-
Knowing your ranges enables you to anticipate these breakout and mean reversion moves. Knowing how large traders are behaving at range extremes enables you to handicap the odds of sustaining moves outside the ranges.(tags: trading technicalanalysis)
-
Here are our favorite stops in the blogosphere, covering everything from high tech to low comedy and all manner of pursuits in between.
-
You're most likely to succeed if you have a curriculum, a way to practice skills, and a way to learn from your successes and shortcomings.(tags: trading)
After two very choppy days the market found its footing and had a trend day. There are theories for why the market rallied today (rates dropping; Bear Stearns' comments; bears taking cover ahead of the Fed) but I'd like to think that it was just an oversold, technical bounce. The S&P bounced off of its June low, which we've been watching for a few days now, and the Nasdaq rebounded from its 50-day moving average. Volume was basically flat with the levels of the previous two sessions. I would have expected more volume from a day with such a big move in price. Perhaps the looming Fed statement had people holding back just a bit.



No changes.
| Trend | Nasdaq | S&P 500 | Russell 2000 |
| Primary | Up | Up | Up |
| Intermediate | Up | Lat | Lat |
| Short-term | Up(+) | Down | Lat(+) |
(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend
We're gapping down this morning right near the June lows on the S&P 500. Let's see if buyers can defend that support area.
On Today's Calendar:
- 10:30 -- Crude Inventories
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
The Nerds know something that you don’t: semiconductors are back like Ray-Bans…well, some of them are. Advanced Semiconductor Engineering Inc. (ASX), Siliconware Precision Industries Co. Ltd. (SPIL), and National Semiconductor Corp. (NSM)(tags: stocks)
-
Will iPhone live up to the expectations of today’s tech-savvy consumers? Here’s what BetUS.com is betting:
-
We'll want to see signs of selling drying up on Tuesday, with Monday's price lows holding, to aggressively act on these bullish historical patterns.(tags: stocks)
-
The SEC is inquiring into the near-collapse of its fund, and Bear Stearns CEO James Cayne's reputation may be on the line
-
Talk about dumb money: The largest single investor in Blackstone's IPO was the government of China, which displays its investment prowess running the world's most speculative stock market...(tags: stocks)
-
Have you ever wondered how Warren Buffet made his millions? In this article we look at the concept of compounding.
-
There are three different types of gaps: Breakaway, Runaway and Exhaustion gaps. Each of these gaps appear at a different cycles of the markets....(tags: stocks technicalanalysis)
-
Everquest Financial has withdrawn an initial public offering that disclosed that its assets had been bought from Bear Stearns’ two troubled hedge funds.
-
Ask, Answer, and Discover Knowledge (and make money answering questions)
-
Can you say lawsuits?
-
So yes, the iPhone is amazing. But no, it’s not perfect.
-
It isn’t for the average person who just wants a cheap, small phone for calling and texting. But, despite its network limitations, the iPhone is a whole new experience and a pleasure to use.
-
TENS of thousands of people are expected to line up this Friday for themost hyped gadget of the decade - the iPhone. Don't be one of them.
Today's trading was almost a replay of yesterday's. For the second day in a row a good sized rally fizzled in the afternoon. In fact, rallies fizzled twice today -- the opening gap got faded, then we got a strong bounce which got faded. Here's a shot of the QQQQ's intraday action over the last two sessions:

Despite the ugly closes the last two sessions the indices remain above their June lows. It sure feels like the market isn't going to move far from this area until after the Fed decision on Thursday. It feels like we're setup for a nice upside pop and the Fed statement may be the trigger.
Charts of the S&P 500, Nasdaq and Russell 2000 are below:
-
The ouster of its accounting officer 'suggests there could be corporate involvement' in a lending scandal, according to one analyst.(tags: stocks realestate)
-
These tools put the market (and any evaluations) in your hands.
-
For this week’s Friday Chat, Lindsay sits down with Rikki Tahta, Chairman and Co-Founder of Covestor, a brand-new play in the web 2.0 financial space.
-
Who's likely to get badly hurt as the subprime lending crunch assaults various pools of high-risk debt? Pension funds, mutual funds and other victims shockingly close to your wallet.
I finally got a chance to play around with my MyTrade page. The site is still in beta but it's coming along nicely. Think of it as a personalized start page, not unlike My Yahoo, NetVibes or Google Personalized Home Page (iGoogle), except MyTrade is geared toward stocks. The site allows you to customize your page by adding various pods (widgets). There are pods for stock watch lists, charts, quotes, news, videos by stock ticker, links/bookmarks, RSS feeds (you can use it to subscribe to blogs or other sites with feeds), etc. They've even made it easy to copy somebody else's page to use as a template for your own page. I know the founders, Andy and Landon Swan, have some more features to roll out. It should be interesting to watch MyTrade grow from its current version 0.03 to version 1.0.
-
In an effort to get some more publicity for the merger of Luxottica Group (LUX) and Oakley Inc. (OO), Lindsay works on her YouTube moves with viral video expert Obama Girl.(tags: stocks)
-
The revamped NYSE Euronext blog
-
many trading problems occur, not because of traders' weaknesses, but because their strengths do not align properly with their trading(tags: trading)
-
Customers do not want us to be NASDAQ. They do not want another super-fast video game with no price improvement and high volatility...
-
Forget about Google and Yahoo. Chinese Internet stocks are truly on fire, and analysts see more upside ahead.
-
Caliber is the second U.K. fund this week to report fallout from rising defaults by American homeowners (d'oh!)
From a Bloomberg article about the second U.K. hedge fund this week to blow up due to subprime mortgage investments (via Jack Stevison):
"The losses are going to be phenomenal" for funds worldwide holding subprime debt, said Peter Schiff, president of securities brokerage Euro Pacific Capital in Darien, Connecticut. "My guesstimate in the subprime world is that the majority of loans are going to go into default. Not just 5 or 10 percent, but the majority."
I'd like to know if there are any funds making money off of these subprime woes. Can these CDOs or whatever the heck they are be shorted?
It's Fed day and that means no trading for me. In fact, I won't be trading until the second week of July. With the 4th of July in the middle of next week it's sure to be a slow, low volume week. That's just the kind of week I'd love to avoid -- so I shall. Look for regular posting (watchlists and daily recaps) to resume around July 9th. I do have some book reviews and a few other things to publish so look for those over the coming days. Or, as always, you could just subscribe and they'll come to you.
On Today's Calendar:
- 10:00 -- Help-Wanted Index
- 2:15 -- FOMC policy statement
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
Wallstrip revisits Adobe Systems Inc., proving (ADBE) aint no flash in the plan
-
Amid subprime woes, today's ultra-wealthy continue to build enormous trophy homes as testaments to their success
-
It's getting harder to see how much longer the housing market will continue to drop before hitting bottom
-
If you use or are considering using Trade-Ideas you may want to watch this presentation on Thursday, June 28, 2007 at 12 noon EST
-
Knowing your ranges enables you to anticipate these breakout and mean reversion moves. Knowing how large traders are behaving at range extremes enables you to handicap the odds of sustaining moves outside the ranges.(tags: trading technicalanalysis)
-
Here are our favorite stops in the blogosphere, covering everything from high tech to low comedy and all manner of pursuits in between.
-
You're most likely to succeed if you have a curriculum, a way to practice skills, and a way to learn from your successes and shortcomings.(tags: trading)
After two very choppy days the market found its footing and had a trend day. There are theories for why the market rallied today (rates dropping; Bear Stearns' comments; bears taking cover ahead of the Fed) but I'd like to think that it was just an oversold, technical bounce. The S&P bounced off of its June low, which we've been watching for a few days now, and the Nasdaq rebounded from its 50-day moving average. Volume was basically flat with the levels of the previous two sessions. I would have expected more volume from a day with such a big move in price. Perhaps the looming Fed statement had people holding back just a bit.



No changes.
| Trend | Nasdaq | S&P 500 | Russell 2000 |
| Primary | Up | Up | Up |
| Intermediate | Up | Lat | Lat |
| Short-term | Up(+) | Down | Lat(+) |
(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend
We're gapping down this morning right near the June lows on the S&P 500. Let's see if buyers can defend that support area.
On Today's Calendar:
- 10:30 -- Crude Inventories
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
The Nerds know something that you don’t: semiconductors are back like Ray-Bans…well, some of them are. Advanced Semiconductor Engineering Inc. (ASX), Siliconware Precision Industries Co. Ltd. (SPIL), and National Semiconductor Corp. (NSM)(tags: stocks)
-
Will iPhone live up to the expectations of today’s tech-savvy consumers? Here’s what BetUS.com is betting:
-
We'll want to see signs of selling drying up on Tuesday, with Monday's price lows holding, to aggressively act on these bullish historical patterns.(tags: stocks)
-
The SEC is inquiring into the near-collapse of its fund, and Bear Stearns CEO James Cayne's reputation may be on the line
-
Talk about dumb money: The largest single investor in Blackstone's IPO was the government of China, which displays its investment prowess running the world's most speculative stock market...(tags: stocks)
-
Have you ever wondered how Warren Buffet made his millions? In this article we look at the concept of compounding.
-
There are three different types of gaps: Breakaway, Runaway and Exhaustion gaps. Each of these gaps appear at a different cycles of the markets....(tags: stocks technicalanalysis)
-
Everquest Financial has withdrawn an initial public offering that disclosed that its assets had been bought from Bear Stearns’ two troubled hedge funds.
-
Ask, Answer, and Discover Knowledge (and make money answering questions)
-
Can you say lawsuits?
-
So yes, the iPhone is amazing. But no, it’s not perfect.
-
It isn’t for the average person who just wants a cheap, small phone for calling and texting. But, despite its network limitations, the iPhone is a whole new experience and a pleasure to use.
-
TENS of thousands of people are expected to line up this Friday for themost hyped gadget of the decade - the iPhone. Don't be one of them.
Today's trading was almost a replay of yesterday's. For the second day in a row a good sized rally fizzled in the afternoon. In fact, rallies fizzled twice today -- the opening gap got faded, then we got a strong bounce which got faded. Here's a shot of the QQQQ's intraday action over the last two sessions:

Despite the ugly closes the last two sessions the indices remain above their June lows. It sure feels like the market isn't going to move far from this area until after the Fed decision on Thursday. It feels like we're setup for a nice upside pop and the Fed statement may be the trigger.
Charts of the S&P 500, Nasdaq and Russell 2000 are below:
-
The ouster of its accounting officer 'suggests there could be corporate involvement' in a lending scandal, according to one analyst.(tags: stocks realestate)
-
These tools put the market (and any evaluations) in your hands.
-
For this week’s Friday Chat, Lindsay sits down with Rikki Tahta, Chairman and Co-Founder of Covestor, a brand-new play in the web 2.0 financial space.
-
Who's likely to get badly hurt as the subprime lending crunch assaults various pools of high-risk debt? Pension funds, mutual funds and other victims shockingly close to your wallet.
I finally got a chance to play around with my MyTrade page. The site is still in beta but it's coming along nicely. Think of it as a personalized start page, not unlike My Yahoo, NetVibes or Google Personalized Home Page (iGoogle), except MyTrade is geared toward stocks. The site allows you to customize your page by adding various pods (widgets). There are pods for stock watch lists, charts, quotes, news, videos by stock ticker, links/bookmarks, RSS feeds (you can use it to subscribe to blogs or other sites with feeds), etc. They've even made it easy to copy somebody else's page to use as a template for your own page. I know the founders, Andy and Landon Swan, have some more features to roll out. It should be interesting to watch MyTrade grow from its current version 0.03 to version 1.0.
-
In an effort to get some more publicity for the merger of Luxottica Group (LUX) and Oakley Inc. (OO), Lindsay works on her YouTube moves with viral video expert Obama Girl.(tags: stocks)
-
The revamped NYSE Euronext blog
-
many trading problems occur, not because of traders' weaknesses, but because their strengths do not align properly with their trading(tags: trading)
-
Customers do not want us to be NASDAQ. They do not want another super-fast video game with no price improvement and high volatility...
-
Forget about Google and Yahoo. Chinese Internet stocks are truly on fire, and analysts see more upside ahead.
-
Caliber is the second U.K. fund this week to report fallout from rising defaults by American homeowners (d'oh!)
From a Bloomberg article about the second U.K. hedge fund this week to blow up due to subprime mortgage investments (via Jack Stevison):
"The losses are going to be phenomenal" for funds worldwide holding subprime debt, said Peter Schiff, president of securities brokerage Euro Pacific Capital in Darien, Connecticut. "My guesstimate in the subprime world is that the majority of loans are going to go into default. Not just 5 or 10 percent, but the majority."
I'd like to know if there are any funds making money off of these subprime woes. Can these CDOs or whatever the heck they are be shorted?
It's Fed day and that means no trading for me. In fact, I won't be trading until the second week of July. With the 4th of July in the middle of next week it's sure to be a slow, low volume week. That's just the kind of week I'd love to avoid -- so I shall. Look for regular posting (watchlists and daily recaps) to resume around July 9th. I do have some book reviews and a few other things to publish so look for those over the coming days. Or, as always, you could just subscribe and they'll come to you.
On Today's Calendar:
- 10:00 -- Help-Wanted Index
- 2:15 -- FOMC policy statement
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
Wallstrip revisits Adobe Systems Inc., proving (ADBE) aint no flash in the plan
-
Amid subprime woes, today's ultra-wealthy continue to build enormous trophy homes as testaments to their success
-
It's getting harder to see how much longer the housing market will continue to drop before hitting bottom
-
If you use or are considering using Trade-Ideas you may want to watch this presentation on Thursday, June 28, 2007 at 12 noon EST
-
Knowing your ranges enables you to anticipate these breakout and mean reversion moves. Knowing how large traders are behaving at range extremes enables you to handicap the odds of sustaining moves outside the ranges.(tags: trading technicalanalysis)
-
Here are our favorite stops in the blogosphere, covering everything from high tech to low comedy and all manner of pursuits in between.
-
You're most likely to succeed if you have a curriculum, a way to practice skills, and a way to learn from your successes and shortcomings.(tags: trading)
After two very choppy days the market found its footing and had a trend day. There are theories for why the market rallied today (rates dropping; Bear Stearns' comments; bears taking cover ahead of the Fed) but I'd like to think that it was just an oversold, technical bounce. The S&P bounced off of its June low, which we've been watching for a few days now, and the Nasdaq rebounded from its 50-day moving average. Volume was basically flat with the levels of the previous two sessions. I would have expected more volume from a day with such a big move in price. Perhaps the looming Fed statement had people holding back just a bit.



No changes.
| Trend | Nasdaq | S&P 500 | Russell 2000 |
| Primary | Up | Up | Up |
| Intermediate | Up | Lat | Lat |
| Short-term | Up(+) | Down | Lat(+) |
(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend
We're gapping down this morning right near the June lows on the S&P 500. Let's see if buyers can defend that support area.
On Today's Calendar:
- 10:30 -- Crude Inventories
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
The Nerds know something that you don’t: semiconductors are back like Ray-Bans…well, some of them are. Advanced Semiconductor Engineering Inc. (ASX), Siliconware Precision Industries Co. Ltd. (SPIL), and National Semiconductor Corp. (NSM)(tags: stocks)
-
Will iPhone live up to the expectations of today’s tech-savvy consumers? Here’s what BetUS.com is betting:
-
We'll want to see signs of selling drying up on Tuesday, with Monday's price lows holding, to aggressively act on these bullish historical patterns.(tags: stocks)
-
The SEC is inquiring into the near-collapse of its fund, and Bear Stearns CEO James Cayne's reputation may be on the line
-
Talk about dumb money: The largest single investor in Blackstone's IPO was the government of China, which displays its investment prowess running the world's most speculative stock market...(tags: stocks)
-
Have you ever wondered how Warren Buffet made his millions? In this article we look at the concept of compounding.
-
There are three different types of gaps: Breakaway, Runaway and Exhaustion gaps. Each of these gaps appear at a different cycles of the markets....(tags: stocks technicalanalysis)
-
Everquest Financial has withdrawn an initial public offering that disclosed that its assets had been bought from Bear Stearns’ two troubled hedge funds.
-
Ask, Answer, and Discover Knowledge (and make money answering questions)
-
Can you say lawsuits?
-
So yes, the iPhone is amazing. But no, it’s not perfect.
-
It isn’t for the average person who just wants a cheap, small phone for calling and texting. But, despite its network limitations, the iPhone is a whole new experience and a pleasure to use.
-
TENS of thousands of people are expected to line up this Friday for themost hyped gadget of the decade - the iPhone. Don't be one of them.
Today's trading was almost a replay of yesterday's. For the second day in a row a good sized rally fizzled in the afternoon. In fact, rallies fizzled twice today -- the opening gap got faded, then we got a strong bounce which got faded. Here's a shot of the QQQQ's intraday action over the last two sessions:

Despite the ugly closes the last two sessions the indices remain above their June lows. It sure feels like the market isn't going to move far from this area until after the Fed decision on Thursday. It feels like we're setup for a nice upside pop and the Fed statement may be the trigger.
Charts of the S&P 500, Nasdaq and Russell 2000 are below:
-
The ouster of its accounting officer 'suggests there could be corporate involvement' in a lending scandal, according to one analyst.(tags: stocks realestate)
-
These tools put the market (and any evaluations) in your hands.
-
For this week’s Friday Chat, Lindsay sits down with Rikki Tahta, Chairman and Co-Founder of Covestor, a brand-new play in the web 2.0 financial space.
-
Who's likely to get badly hurt as the subprime lending crunch assaults various pools of high-risk debt? Pension funds, mutual funds and other victims shockingly close to your wallet.
I finally got a chance to play around with my MyTrade page. The site is still in beta but it's coming along nicely. Think of it as a personalized start page, not unlike My Yahoo, NetVibes or Google Personalized Home Page (iGoogle), except MyTrade is geared toward stocks. The site allows you to customize your page by adding various pods (widgets). There are pods for stock watch lists, charts, quotes, news, videos by stock ticker, links/bookmarks, RSS feeds (you can use it to subscribe to blogs or other sites with feeds), etc. They've even made it easy to copy somebody else's page to use as a template for your own page. I know the founders, Andy and Landon Swan, have some more features to roll out. It should be interesting to watch MyTrade grow from its current version 0.03 to version 1.0.
-
In an effort to get some more publicity for the merger of Luxottica Group (LUX) and Oakley Inc. (OO), Lindsay works on her YouTube moves with viral video expert Obama Girl.(tags: stocks)
-
The revamped NYSE Euronext blog
-
many trading problems occur, not because of traders' weaknesses, but because their strengths do not align properly with their trading(tags: trading)
-
Customers do not want us to be NASDAQ. They do not want another super-fast video game with no price improvement and high volatility...
-
Forget about Google and Yahoo. Chinese Internet stocks are truly on fire, and analysts see more upside ahead.
-
Caliber is the second U.K. fund this week to report fallout from rising defaults by American homeowners (d'oh!)
From a Bloomberg article about the second U.K. hedge fund this week to blow up due to subprime mortgage investments (via Jack Stevison):
"The losses are going to be phenomenal" for funds worldwide holding subprime debt, said Peter Schiff, president of securities brokerage Euro Pacific Capital in Darien, Connecticut. "My guesstimate in the subprime world is that the majority of loans are going to go into default. Not just 5 or 10 percent, but the majority."
I'd like to know if there are any funds making money off of these subprime woes. Can these CDOs or whatever the heck they are be shorted?
It's Fed day and that means no trading for me. In fact, I won't be trading until the second week of July. With the 4th of July in the middle of next week it's sure to be a slow, low volume week. That's just the kind of week I'd love to avoid -- so I shall. Look for regular posting (watchlists and daily recaps) to resume around July 9th. I do have some book reviews and a few other things to publish so look for those over the coming days. Or, as always, you could just subscribe and they'll come to you.
On Today's Calendar:
- 10:00 -- Help-Wanted Index
- 2:15 -- FOMC policy statement
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
Wallstrip revisits Adobe Systems Inc., proving (ADBE) aint no flash in the plan
-
Amid subprime woes, today's ultra-wealthy continue to build enormous trophy homes as testaments to their success
-
It's getting harder to see how much longer the housing market will continue to drop before hitting bottom
-
If you use or are considering using Trade-Ideas you may want to watch this presentation on Thursday, June 28, 2007 at 12 noon EST
-
Knowing your ranges enables you to anticipate these breakout and mean reversion moves. Knowing how large traders are behaving at range extremes enables you to handicap the odds of sustaining moves outside the ranges.(tags: trading technicalanalysis)
-
Here are our favorite stops in the blogosphere, covering everything from high tech to low comedy and all manner of pursuits in between.
-
You're most likely to succeed if you have a curriculum, a way to practice skills, and a way to learn from your successes and shortcomings.(tags: trading)
After two very choppy days the market found its footing and had a trend day. There are theories for why the market rallied today (rates dropping; Bear Stearns' comments; bears taking cover ahead of the Fed) but I'd like to think that it was just an oversold, technical bounce. The S&P bounced off of its June low, which we've been watching for a few days now, and the Nasdaq rebounded from its 50-day moving average. Volume was basically flat with the levels of the previous two sessions. I would have expected more volume from a day with such a big move in price. Perhaps the looming Fed statement had people holding back just a bit.



No changes.
| Trend | Nasdaq | S&P 500 | Russell 2000 |
| Primary | Up | Up | Up |
| Intermediate | Up | Lat | Lat |
| Short-term | Up(+) | Down | Lat(+) |
(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend
We're gapping down this morning right near the June lows on the S&P 500. Let's see if buyers can defend that support area.
On Today's Calendar:
- 10:30 -- Crude Inventories
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
The Nerds know something that you don’t: semiconductors are back like Ray-Bans…well, some of them are. Advanced Semiconductor Engineering Inc. (ASX), Siliconware Precision Industries Co. Ltd. (SPIL), and National Semiconductor Corp. (NSM)(tags: stocks)
-
Will iPhone live up to the expectations of today’s tech-savvy consumers? Here’s what BetUS.com is betting:
-
We'll want to see signs of selling drying up on Tuesday, with Monday's price lows holding, to aggressively act on these bullish historical patterns.(tags: stocks)
-
The SEC is inquiring into the near-collapse of its fund, and Bear Stearns CEO James Cayne's reputation may be on the line
-
Talk about dumb money: The largest single investor in Blackstone's IPO was the government of China, which displays its investment prowess running the world's most speculative stock market...(tags: stocks)
-
Have you ever wondered how Warren Buffet made his millions? In this article we look at the concept of compounding.
-
There are three different types of gaps: Breakaway, Runaway and Exhaustion gaps. Each of these gaps appear at a different cycles of the markets....(tags: stocks technicalanalysis)
-
Everquest Financial has withdrawn an initial public offering that disclosed that its assets had been bought from Bear Stearns’ two troubled hedge funds.
-
Ask, Answer, and Discover Knowledge (and make money answering questions)
-
Can you say lawsuits?
-
So yes, the iPhone is amazing. But no, it’s not perfect.
-
It isn’t for the average person who just wants a cheap, small phone for calling and texting. But, despite its network limitations, the iPhone is a whole new experience and a pleasure to use.
-
TENS of thousands of people are expected to line up this Friday for themost hyped gadget of the decade - the iPhone. Don't be one of them.
Today's trading was almost a replay of yesterday's. For the second day in a row a good sized rally fizzled in the afternoon. In fact, rallies fizzled twice today -- the opening gap got faded, then we got a strong bounce which got faded. Here's a shot of the QQQQ's intraday action over the last two sessions:

Despite the ugly closes the last two sessions the indices remain above their June lows. It sure feels like the market isn't going to move far from this area until after the Fed decision on Thursday. It feels like we're setup for a nice upside pop and the Fed statement may be the trigger.
Charts of the S&P 500, Nasdaq and Russell 2000 are below:
-
The ouster of its accounting officer 'suggests there could be corporate involvement' in a lending scandal, according to one analyst.(tags: stocks realestate)
-
These tools put the market (and any evaluations) in your hands.
-
For this week’s Friday Chat, Lindsay sits down with Rikki Tahta, Chairman and Co-Founder of Covestor, a brand-new play in the web 2.0 financial space.
-
Who's likely to get badly hurt as the subprime lending crunch assaults various pools of high-risk debt? Pension funds, mutual funds and other victims shockingly close to your wallet.
I finally got a chance to play around with my MyTrade page. The site is still in beta but it's coming along nicely. Think of it as a personalized start page, not unlike My Yahoo, NetVibes or Google Personalized Home Page (iGoogle), except MyTrade is geared toward stocks. The site allows you to customize your page by adding various pods (widgets). There are pods for stock watch lists, charts, quotes, news, videos by stock ticker, links/bookmarks, RSS feeds (you can use it to subscribe to blogs or other sites with feeds), etc. They've even made it easy to copy somebody else's page to use as a template for your own page. I know the founders, Andy and Landon Swan, have some more features to roll out. It should be interesting to watch MyTrade grow from its current version 0.03 to version 1.0.
-
In an effort to get some more publicity for the merger of Luxottica Group (LUX) and Oakley Inc. (OO), Lindsay works on her YouTube moves with viral video expert Obama Girl.(tags: stocks)
-
The revamped NYSE Euronext blog
-
many trading problems occur, not because of traders' weaknesses, but because their strengths do not align properly with their trading(tags: trading)
-
Customers do not want us to be NASDAQ. They do not want another super-fast video game with no price improvement and high volatility...
-
Forget about Google and Yahoo. Chinese Internet stocks are truly on fire, and analysts see more upside ahead.
-
Caliber is the second U.K. fund this week to report fallout from rising defaults by American homeowners (d'oh!)
From a Bloomberg article about the second U.K. hedge fund this week to blow up due to subprime mortgage investments (via Jack Stevison):
"The losses are going to be phenomenal" for funds worldwide holding subprime debt, said Peter Schiff, president of securities brokerage Euro Pacific Capital in Darien, Connecticut. "My guesstimate in the subprime world is that the majority of loans are going to go into default. Not just 5 or 10 percent, but the majority."
I'd like to know if there are any funds making money off of these subprime woes. Can these CDOs or whatever the heck they are be shorted?
It's Fed day and that means no trading for me. In fact, I won't be trading until the second week of July. With the 4th of July in the middle of next week it's sure to be a slow, low volume week. That's just the kind of week I'd love to avoid -- so I shall. Look for regular posting (watchlists and daily recaps) to resume around July 9th. I do have some book reviews and a few other things to publish so look for those over the coming days. Or, as always, you could just subscribe and they'll come to you.
On Today's Calendar:
- 10:00 -- Help-Wanted Index
- 2:15 -- FOMC policy statement
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
Wallstrip revisits Adobe Systems Inc., proving (ADBE) aint no flash in the plan
-
Amid subprime woes, today's ultra-wealthy continue to build enormous trophy homes as testaments to their success
-
It's getting harder to see how much longer the housing market will continue to drop before hitting bottom
-
If you use or are considering using Trade-Ideas you may want to watch this presentation on Thursday, June 28, 2007 at 12 noon EST
-
Knowing your ranges enables you to anticipate these breakout and mean reversion moves. Knowing how large traders are behaving at range extremes enables you to handicap the odds of sustaining moves outside the ranges.(tags: trading technicalanalysis)
-
Here are our favorite stops in the blogosphere, covering everything from high tech to low comedy and all manner of pursuits in between.
-
You're most likely to succeed if you have a curriculum, a way to practice skills, and a way to learn from your successes and shortcomings.(tags: trading)
After two very choppy days the market found its footing and had a trend day. There are theories for why the market rallied today (rates dropping; Bear Stearns' comments; bears taking cover ahead of the Fed) but I'd like to think that it was just an oversold, technical bounce. The S&P bounced off of its June low, which we've been watching for a few days now, and the Nasdaq rebounded from its 50-day moving average. Volume was basically flat with the levels of the previous two sessions. I would have expected more volume from a day with such a big move in price. Perhaps the looming Fed statement had people holding back just a bit.



No changes.
| Trend | Nasdaq | S&P 500 | Russell 2000 |
| Primary | Up | Up | Up |
| Intermediate | Up | Lat | Lat |
| Short-term | Up(+) | Down | Lat(+) |
(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend
We're gapping down this morning right near the June lows on the S&P 500. Let's see if buyers can defend that support area.
On Today's Calendar:
- 10:30 -- Crude Inventories
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
The Nerds know something that you don’t: semiconductors are back like Ray-Bans…well, some of them are. Advanced Semiconductor Engineering Inc. (ASX), Siliconware Precision Industries Co. Ltd. (SPIL), and National Semiconductor Corp. (NSM)(tags: stocks)
-
Will iPhone live up to the expectations of today’s tech-savvy consumers? Here’s what BetUS.com is betting:
-
We'll want to see signs of selling drying up on Tuesday, with Monday's price lows holding, to aggressively act on these bullish historical patterns.(tags: stocks)
-
The SEC is inquiring into the near-collapse of its fund, and Bear Stearns CEO James Cayne's reputation may be on the line
-
Talk about dumb money: The largest single investor in Blackstone's IPO was the government of China, which displays its investment prowess running the world's most speculative stock market...(tags: stocks)
-
Have you ever wondered how Warren Buffet made his millions? In this article we look at the concept of compounding.
-
There are three different types of gaps: Breakaway, Runaway and Exhaustion gaps. Each of these gaps appear at a different cycles of the markets....(tags: stocks technicalanalysis)
-
Everquest Financial has withdrawn an initial public offering that disclosed that its assets had been bought from Bear Stearns’ two troubled hedge funds.
-
Ask, Answer, and Discover Knowledge (and make money answering questions)
-
Can you say lawsuits?
-
So yes, the iPhone is amazing. But no, it’s not perfect.
-
It isn’t for the average person who just wants a cheap, small phone for calling and texting. But, despite its network limitations, the iPhone is a whole new experience and a pleasure to use.
-
TENS of thousands of people are expected to line up this Friday for themost hyped gadget of the decade - the iPhone. Don't be one of them.
Today's trading was almost a replay of yesterday's. For the second day in a row a good sized rally fizzled in the afternoon. In fact, rallies fizzled twice today -- the opening gap got faded, then we got a strong bounce which got faded. Here's a shot of the QQQQ's intraday action over the last two sessions:

Despite the ugly closes the last two sessions the indices remain above their June lows. It sure feels like the market isn't going to move far from this area until after the Fed decision on Thursday. It feels like we're setup for a nice upside pop and the Fed statement may be the trigger.
Charts of the S&P 500, Nasdaq and Russell 2000 are below:
-
The ouster of its accounting officer 'suggests there could be corporate involvement' in a lending scandal, according to one analyst.(tags: stocks realestate)
-
These tools put the market (and any evaluations) in your hands.
-
For this week’s Friday Chat, Lindsay sits down with Rikki Tahta, Chairman and Co-Founder of Covestor, a brand-new play in the web 2.0 financial space.
-
Who's likely to get badly hurt as the subprime lending crunch assaults various pools of high-risk debt? Pension funds, mutual funds and other victims shockingly close to your wallet.
I finally got a chance to play around with my MyTrade page. The site is still in beta but it's coming along nicely. Think of it as a personalized start page, not unlike My Yahoo, NetVibes or Google Personalized Home Page (iGoogle), except MyTrade is geared toward stocks. The site allows you to customize your page by adding various pods (widgets). There are pods for stock watch lists, charts, quotes, news, videos by stock ticker, links/bookmarks, RSS feeds (you can use it to subscribe to blogs or other sites with feeds), etc. They've even made it easy to copy somebody else's page to use as a template for your own page. I know the founders, Andy and Landon Swan, have some more features to roll out. It should be interesting to watch MyTrade grow from its current version 0.03 to version 1.0.
-
In an effort to get some more publicity for the merger of Luxottica Group (LUX) and Oakley Inc. (OO), Lindsay works on her YouTube moves with viral video expert Obama Girl.(tags: stocks)
-
The revamped NYSE Euronext blog
-
many trading problems occur, not because of traders' weaknesses, but because their strengths do not align properly with their trading(tags: trading)
-
Customers do not want us to be NASDAQ. They do not want another super-fast video game with no price improvement and high volatility...
-
Forget about Google and Yahoo. Chinese Internet stocks are truly on fire, and analysts see more upside ahead.
-
Caliber is the second U.K. fund this week to report fallout from rising defaults by American homeowners (d'oh!)
From a Bloomberg article about the second U.K. hedge fund this week to blow up due to subprime mortgage investments (via Jack Stevison):
"The losses are going to be phenomenal" for funds worldwide holding subprime debt, said Peter Schiff, president of securities brokerage Euro Pacific Capital in Darien, Connecticut. "My guesstimate in the subprime world is that the majority of loans are going to go into default. Not just 5 or 10 percent, but the majority."
I'd like to know if there are any funds making money off of these subprime woes. Can these CDOs or whatever the heck they are be shorted?
It's Fed day and that means no trading for me. In fact, I won't be trading until the second week of July. With the 4th of July in the middle of next week it's sure to be a slow, low volume week. That's just the kind of week I'd love to avoid -- so I shall. Look for regular posting (watchlists and daily recaps) to resume around July 9th. I do have some book reviews and a few other things to publish so look for those over the coming days. Or, as always, you could just subscribe and they'll come to you.
On Today's Calendar:
- 10:00 -- Help-Wanted Index
- 2:15 -- FOMC policy statement
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
Wallstrip revisits Adobe Systems Inc., proving (ADBE) aint no flash in the plan
-
Amid subprime woes, today's ultra-wealthy continue to build enormous trophy homes as testaments to their success
-
It's getting harder to see how much longer the housing market will continue to drop before hitting bottom
-
If you use or are considering using Trade-Ideas you may want to watch this presentation on Thursday, June 28, 2007 at 12 noon EST
-
Knowing your ranges enables you to anticipate these breakout and mean reversion moves. Knowing how large traders are behaving at range extremes enables you to handicap the odds of sustaining moves outside the ranges.(tags: trading technicalanalysis)
-
Here are our favorite stops in the blogosphere, covering everything from high tech to low comedy and all manner of pursuits in between.
-
You're most likely to succeed if you have a curriculum, a way to practice skills, and a way to learn from your successes and shortcomings.(tags: trading)
After two very choppy days the market found its footing and had a trend day. There are theories for why the market rallied today (rates dropping; Bear Stearns' comments; bears taking cover ahead of the Fed) but I'd like to think that it was just an oversold, technical bounce. The S&P bounced off of its June low, which we've been watching for a few days now, and the Nasdaq rebounded from its 50-day moving average. Volume was basically flat with the levels of the previous two sessions. I would have expected more volume from a day with such a big move in price. Perhaps the looming Fed statement had people holding back just a bit.



No changes.
| Trend | Nasdaq | S&P 500 | Russell 2000 |
| Primary | Up | Up | Up |
| Intermediate | Up | Lat | Lat |
| Short-term | Up(+) | Down | Lat(+) |
(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend
We're gapping down this morning right near the June lows on the S&P 500. Let's see if buyers can defend that support area.
On Today's Calendar:
- 10:30 -- Crude Inventories
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
The Nerds know something that you don’t: semiconductors are back like Ray-Bans…well, some of them are. Advanced Semiconductor Engineering Inc. (ASX), Siliconware Precision Industries Co. Ltd. (SPIL), and National Semiconductor Corp. (NSM)(tags: stocks)
-
Will iPhone live up to the expectations of today’s tech-savvy consumers? Here’s what BetUS.com is betting:
-
We'll want to see signs of selling drying up on Tuesday, with Monday's price lows holding, to aggressively act on these bullish historical patterns.(tags: stocks)
-
The SEC is inquiring into the near-collapse of its fund, and Bear Stearns CEO James Cayne's reputation may be on the line
-
Talk about dumb money: The largest single investor in Blackstone's IPO was the government of China, which displays its investment prowess running the world's most speculative stock market...(tags: stocks)
-
Have you ever wondered how Warren Buffet made his millions? In this article we look at the concept of compounding.
-
There are three different types of gaps: Breakaway, Runaway and Exhaustion gaps. Each of these gaps appear at a different cycles of the markets....(tags: stocks technicalanalysis)
-
Everquest Financial has withdrawn an initial public offering that disclosed that its assets had been bought from Bear Stearns’ two troubled hedge funds.
-
Ask, Answer, and Discover Knowledge (and make money answering questions)
-
Can you say lawsuits?
-
So yes, the iPhone is amazing. But no, it’s not perfect.
-
It isn’t for the average person who just wants a cheap, small phone for calling and texting. But, despite its network limitations, the iPhone is a whole new experience and a pleasure to use.
-
TENS of thousands of people are expected to line up this Friday for themost hyped gadget of the decade - the iPhone. Don't be one of them.
Today's trading was almost a replay of yesterday's. For the second day in a row a good sized rally fizzled in the afternoon. In fact, rallies fizzled twice today -- the opening gap got faded, then we got a strong bounce which got faded. Here's a shot of the QQQQ's intraday action over the last two sessions:

Despite the ugly closes the last two sessions the indices remain above their June lows. It sure feels like the market isn't going to move far from this area until after the Fed decision on Thursday. It feels like we're setup for a nice upside pop and the Fed statement may be the trigger.
Charts of the S&P 500, Nasdaq and Russell 2000 are below:
-
The ouster of its accounting officer 'suggests there could be corporate involvement' in a lending scandal, according to one analyst.(tags: stocks realestate)
-
These tools put the market (and any evaluations) in your hands.
-
For this week’s Friday Chat, Lindsay sits down with Rikki Tahta, Chairman and Co-Founder of Covestor, a brand-new play in the web 2.0 financial space.
-
Who's likely to get badly hurt as the subprime lending crunch assaults various pools of high-risk debt? Pension funds, mutual funds and other victims shockingly close to your wallet.
I finally got a chance to play around with my MyTrade page. The site is still in beta but it's coming along nicely. Think of it as a personalized start page, not unlike My Yahoo, NetVibes or Google Personalized Home Page (iGoogle), except MyTrade is geared toward stocks. The site allows you to customize your page by adding various pods (widgets). There are pods for stock watch lists, charts, quotes, news, videos by stock ticker, links/bookmarks, RSS feeds (you can use it to subscribe to blogs or other sites with feeds), etc. They've even made it easy to copy somebody else's page to use as a template for your own page. I know the founders, Andy and Landon Swan, have some more features to roll out. It should be interesting to watch MyTrade grow from its current version 0.03 to version 1.0.
-
In an effort to get some more publicity for the merger of Luxottica Group (LUX) and Oakley Inc. (OO), Lindsay works on her YouTube moves with viral video expert Obama Girl.(tags: stocks)
-
The revamped NYSE Euronext blog
-
many trading problems occur, not because of traders' weaknesses, but because their strengths do not align properly with their trading(tags: trading)
-
Customers do not want us to be NASDAQ. They do not want another super-fast video game with no price improvement and high volatility...
-
Forget about Google and Yahoo. Chinese Internet stocks are truly on fire, and analysts see more upside ahead.
-
Caliber is the second U.K. fund this week to report fallout from rising defaults by American homeowners (d'oh!)
From a Bloomberg article about the second U.K. hedge fund this week to blow up due to subprime mortgage investments (via Jack Stevison):
"The losses are going to be phenomenal" for funds worldwide holding subprime debt, said Peter Schiff, president of securities brokerage Euro Pacific Capital in Darien, Connecticut. "My guesstimate in the subprime world is that the majority of loans are going to go into default. Not just 5 or 10 percent, but the majority."
I'd like to know if there are any funds making money off of these subprime woes. Can these CDOs or whatever the heck they are be shorted?
It's Fed day and that means no trading for me. In fact, I won't be trading until the second week of July. With the 4th of July in the middle of next week it's sure to be a slow, low volume week. That's just the kind of week I'd love to avoid -- so I shall. Look for regular posting (watchlists and daily recaps) to resume around July 9th. I do have some book reviews and a few other things to publish so look for those over the coming days. Or, as always, you could just subscribe and they'll come to you.
On Today's Calendar:
- 10:00 -- Help-Wanted Index
- 2:15 -- FOMC policy statement
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
Wallstrip revisits Adobe Systems Inc., proving (ADBE) aint no flash in the plan
-
Amid subprime woes, today's ultra-wealthy continue to build enormous trophy homes as testaments to their success
-
It's getting harder to see how much longer the housing market will continue to drop before hitting bottom
-
If you use or are considering using Trade-Ideas you may want to watch this presentation on Thursday, June 28, 2007 at 12 noon EST
-
Knowing your ranges enables you to anticipate these breakout and mean reversion moves. Knowing how large traders are behaving at range extremes enables you to handicap the odds of sustaining moves outside the ranges.(tags: trading technicalanalysis)
-
Here are our favorite stops in the blogosphere, covering everything from high tech to low comedy and all manner of pursuits in between.
-
You're most likely to succeed if you have a curriculum, a way to practice skills, and a way to learn from your successes and shortcomings.(tags: trading)
After two very choppy days the market found its footing and had a trend day. There are theories for why the market rallied today (rates dropping; Bear Stearns' comments; bears taking cover ahead of the Fed) but I'd like to think that it was just an oversold, technical bounce. The S&P bounced off of its June low, which we've been watching for a few days now, and the Nasdaq rebounded from its 50-day moving average. Volume was basically flat with the levels of the previous two sessions. I would have expected more volume from a day with such a big move in price. Perhaps the looming Fed statement had people holding back just a bit.



No changes.
| Trend | Nasdaq | S&P 500 | Russell 2000 |
| Primary | Up | Up | Up |
| Intermediate | Up | Lat | Lat |
| Short-term | Up(+) | Down | Lat(+) |
(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend
We're gapping down this morning right near the June lows on the S&P 500. Let's see if buyers can defend that support area.
On Today's Calendar:
- 10:30 -- Crude Inventories
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
The Nerds know something that you don’t: semiconductors are back like Ray-Bans…well, some of them are. Advanced Semiconductor Engineering Inc. (ASX), Siliconware Precision Industries Co. Ltd. (SPIL), and National Semiconductor Corp. (NSM)(tags: stocks)
-
Will iPhone live up to the expectations of today’s tech-savvy consumers? Here’s what BetUS.com is betting:
-
We'll want to see signs of selling drying up on Tuesday, with Monday's price lows holding, to aggressively act on these bullish historical patterns.(tags: stocks)
-
The SEC is inquiring into the near-collapse of its fund, and Bear Stearns CEO James Cayne's reputation may be on the line
-
Talk about dumb money: The largest single investor in Blackstone's IPO was the government of China, which displays its investment prowess running the world's most speculative stock market...(tags: stocks)
-
Have you ever wondered how Warren Buffet made his millions? In this article we look at the concept of compounding.
-
There are three different types of gaps: Breakaway, Runaway and Exhaustion gaps. Each of these gaps appear at a different cycles of the markets....(tags: stocks technicalanalysis)
-
Everquest Financial has withdrawn an initial public offering that disclosed that its assets had been bought from Bear Stearns’ two troubled hedge funds.
-
Ask, Answer, and Discover Knowledge (and make money answering questions)
-
Can you say lawsuits?
-
So yes, the iPhone is amazing. But no, it’s not perfect.
-
It isn’t for the average person who just wants a cheap, small phone for calling and texting. But, despite its network limitations, the iPhone is a whole new experience and a pleasure to use.
-
TENS of thousands of people are expected to line up this Friday for themost hyped gadget of the decade - the iPhone. Don't be one of them.
Today's trading was almost a replay of yesterday's. For the second day in a row a good sized rally fizzled in the afternoon. In fact, rallies fizzled twice today -- the opening gap got faded, then we got a strong bounce which got faded. Here's a shot of the QQQQ's intraday action over the last two sessions:

Despite the ugly closes the last two sessions the indices remain above their June lows. It sure feels like the market isn't going to move far from this area until after the Fed decision on Thursday. It feels like we're setup for a nice upside pop and the Fed statement may be the trigger.
Charts of the S&P 500, Nasdaq and Russell 2000 are below:
-
The ouster of its accounting officer 'suggests there could be corporate involvement' in a lending scandal, according to one analyst.(tags: stocks realestate)
-
These tools put the market (and any evaluations) in your hands.
-
For this week’s Friday Chat, Lindsay sits down with Rikki Tahta, Chairman and Co-Founder of Covestor, a brand-new play in the web 2.0 financial space.
-
Who's likely to get badly hurt as the subprime lending crunch assaults various pools of high-risk debt? Pension funds, mutual funds and other victims shockingly close to your wallet.
I finally got a chance to play around with my MyTrade page. The site is still in beta but it's coming along nicely. Think of it as a personalized start page, not unlike My Yahoo, NetVibes or Google Personalized Home Page (iGoogle), except MyTrade is geared toward stocks. The site allows you to customize your page by adding various pods (widgets). There are pods for stock watch lists, charts, quotes, news, videos by stock ticker, links/bookmarks, RSS feeds (you can use it to subscribe to blogs or other sites with feeds), etc. They've even made it easy to copy somebody else's page to use as a template for your own page. I know the founders, Andy and Landon Swan, have some more features to roll out. It should be interesting to watch MyTrade grow from its current version 0.03 to version 1.0.
-
In an effort to get some more publicity for the merger of Luxottica Group (LUX) and Oakley Inc. (OO), Lindsay works on her YouTube moves with viral video expert Obama Girl.(tags: stocks)
-
The revamped NYSE Euronext blog
-
many trading problems occur, not because of traders' weaknesses, but because their strengths do not align properly with their trading(tags: trading)
-
Customers do not want us to be NASDAQ. They do not want another super-fast video game with no price improvement and high volatility...
-
Forget about Google and Yahoo. Chinese Internet stocks are truly on fire, and analysts see more upside ahead.
-
Caliber is the second U.K. fund this week to report fallout from rising defaults by American homeowners (d'oh!)
From a Bloomberg article about the second U.K. hedge fund this week to blow up due to subprime mortgage investments (via Jack Stevison):
"The losses are going to be phenomenal" for funds worldwide holding subprime debt, said Peter Schiff, president of securities brokerage Euro Pacific Capital in Darien, Connecticut. "My guesstimate in the subprime world is that the majority of loans are going to go into default. Not just 5 or 10 percent, but the majority."
I'd like to know if there are any funds making money off of these subprime woes. Can these CDOs or whatever the heck they are be shorted?
It's Fed day and that means no trading for me. In fact, I won't be trading until the second week of July. With the 4th of July in the middle of next week it's sure to be a slow, low volume week. That's just the kind of week I'd love to avoid -- so I shall. Look for regular posting (watchlists and daily recaps) to resume around July 9th. I do have some book reviews and a few other things to publish so look for those over the coming days. Or, as always, you could just subscribe and they'll come to you.
On Today's Calendar:
- 10:00 -- Help-Wanted Index
- 2:15 -- FOMC policy statement
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
Wallstrip revisits Adobe Systems Inc., proving (ADBE) aint no flash in the plan
-
Amid subprime woes, today's ultra-wealthy continue to build enormous trophy homes as testaments to their success
-
It's getting harder to see how much longer the housing market will continue to drop before hitting bottom
-
If you use or are considering using Trade-Ideas you may want to watch this presentation on Thursday, June 28, 2007 at 12 noon EST
-
Knowing your ranges enables you to anticipate these breakout and mean reversion moves. Knowing how large traders are behaving at range extremes enables you to handicap the odds of sustaining moves outside the ranges.(tags: trading technicalanalysis)
-
Here are our favorite stops in the blogosphere, covering everything from high tech to low comedy and all manner of pursuits in between.
-
You're most likely to succeed if you have a curriculum, a way to practice skills, and a way to learn from your successes and shortcomings.(tags: trading)
After two very choppy days the market found its footing and had a trend day. There are theories for why the market rallied today (rates dropping; Bear Stearns' comments; bears taking cover ahead of the Fed) but I'd like to think that it was just an oversold, technical bounce. The S&P bounced off of its June low, which we've been watching for a few days now, and the Nasdaq rebounded from its 50-day moving average. Volume was basically flat with the levels of the previous two sessions. I would have expected more volume from a day with such a big move in price. Perhaps the looming Fed statement had people holding back just a bit.



No changes.
| Trend | Nasdaq | S&P 500 | Russell 2000 |
| Primary | Up | Up | Up |
| Intermediate | Up | Lat | Lat |
| Short-term | Up(+) | Down | Lat(+) |
(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend
We're gapping down this morning right near the June lows on the S&P 500. Let's see if buyers can defend that support area.
On Today's Calendar:
- 10:30 -- Crude Inventories
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
The Nerds know something that you don’t: semiconductors are back like Ray-Bans…well, some of them are. Advanced Semiconductor Engineering Inc. (ASX), Siliconware Precision Industries Co. Ltd. (SPIL), and National Semiconductor Corp. (NSM)(tags: stocks)
-
Will iPhone live up to the expectations of today’s tech-savvy consumers? Here’s what BetUS.com is betting:
-
We'll want to see signs of selling drying up on Tuesday, with Monday's price lows holding, to aggressively act on these bullish historical patterns.(tags: stocks)
-
The SEC is inquiring into the near-collapse of its fund, and Bear Stearns CEO James Cayne's reputation may be on the line
-
Talk about dumb money: The largest single investor in Blackstone's IPO was the government of China, which displays its investment prowess running the world's most speculative stock market...(tags: stocks)
-
Have you ever wondered how Warren Buffet made his millions? In this article we look at the concept of compounding.
-
There are three different types of gaps: Breakaway, Runaway and Exhaustion gaps. Each of these gaps appear at a different cycles of the markets....(tags: stocks technicalanalysis)
-
Everquest Financial has withdrawn an initial public offering that disclosed that its assets had been bought from Bear Stearns’ two troubled hedge funds.
-
Ask, Answer, and Discover Knowledge (and make money answering questions)
-
Can you say lawsuits?
-
So yes, the iPhone is amazing. But no, it’s not perfect.
-
It isn’t for the average person who just wants a cheap, small phone for calling and texting. But, despite its network limitations, the iPhone is a whole new experience and a pleasure to use.
-
TENS of thousands of people are expected to line up this Friday for themost hyped gadget of the decade - the iPhone. Don't be one of them.
Today's trading was almost a replay of yesterday's. For the second day in a row a good sized rally fizzled in the afternoon. In fact, rallies fizzled twice today -- the opening gap got faded, then we got a strong bounce which got faded. Here's a shot of the QQQQ's intraday action over the last two sessions:

Despite the ugly closes the last two sessions the indices remain above their June lows. It sure feels like the market isn't going to move far from this area until after the Fed decision on Thursday. It feels like we're setup for a nice upside pop and the Fed statement may be the trigger.
Charts of the S&P 500, Nasdaq and Russell 2000 are below:
-
The ouster of its accounting officer 'suggests there could be corporate involvement' in a lending scandal, according to one analyst.(tags: stocks realestate)
-
These tools put the market (and any evaluations) in your hands.
-
For this week’s Friday Chat, Lindsay sits down with Rikki Tahta, Chairman and Co-Founder of Covestor, a brand-new play in the web 2.0 financial space.
-
Who's likely to get badly hurt as the subprime lending crunch assaults various pools of high-risk debt? Pension funds, mutual funds and other victims shockingly close to your wallet.
I finally got a chance to play around with my MyTrade page. The site is still in beta but it's coming along nicely. Think of it as a personalized start page, not unlike My Yahoo, NetVibes or Google Personalized Home Page (iGoogle), except MyTrade is geared toward stocks. The site allows you to customize your page by adding various pods (widgets). There are pods for stock watch lists, charts, quotes, news, videos by stock ticker, links/bookmarks, RSS feeds (you can use it to subscribe to blogs or other sites with feeds), etc. They've even made it easy to copy somebody else's page to use as a template for your own page. I know the founders, Andy and Landon Swan, have some more features to roll out. It should be interesting to watch MyTrade grow from its current version 0.03 to version 1.0.
-
In an effort to get some more publicity for the merger of Luxottica Group (LUX) and Oakley Inc. (OO), Lindsay works on her YouTube moves with viral video expert Obama Girl.(tags: stocks)
-
The revamped NYSE Euronext blog
-
many trading problems occur, not because of traders' weaknesses, but because their strengths do not align properly with their trading(tags: trading)
-
Customers do not want us to be NASDAQ. They do not want another super-fast video game with no price improvement and high volatility...
-
Forget about Google and Yahoo. Chinese Internet stocks are truly on fire, and analysts see more upside ahead.
-
Caliber is the second U.K. fund this week to report fallout from rising defaults by American homeowners (d'oh!)
From a Bloomberg article about the second U.K. hedge fund this week to blow up due to subprime mortgage investments (via Jack Stevison):
"The losses are going to be phenomenal" for funds worldwide holding subprime debt, said Peter Schiff, president of securities brokerage Euro Pacific Capital in Darien, Connecticut. "My guesstimate in the subprime world is that the majority of loans are going to go into default. Not just 5 or 10 percent, but the majority."
I'd like to know if there are any funds making money off of these subprime woes. Can these CDOs or whatever the heck they are be shorted?
It's Fed day and that means no trading for me. In fact, I won't be trading until the second week of July. With the 4th of July in the middle of next week it's sure to be a slow, low volume week. That's just the kind of week I'd love to avoid -- so I shall. Look for regular posting (watchlists and daily recaps) to resume around July 9th. I do have some book reviews and a few other things to publish so look for those over the coming days. Or, as always, you could just subscribe and they'll come to you.
On Today's Calendar:
- 10:00 -- Help-Wanted Index
- 2:15 -- FOMC policy statement
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
Wallstrip revisits Adobe Systems Inc., proving (ADBE) aint no flash in the plan
-
Amid subprime woes, today's ultra-wealthy continue to build enormous trophy homes as testaments to their success
-
It's getting harder to see how much longer the housing market will continue to drop before hitting bottom
-
If you use or are considering using Trade-Ideas you may want to watch this presentation on Thursday, June 28, 2007 at 12 noon EST
-
Knowing your ranges enables you to anticipate these breakout and mean reversion moves. Knowing how large traders are behaving at range extremes enables you to handicap the odds of sustaining moves outside the ranges.(tags: trading technicalanalysis)
-
Here are our favorite stops in the blogosphere, covering everything from high tech to low comedy and all manner of pursuits in between.
-
You're most likely to succeed if you have a curriculum, a way to practice skills, and a way to learn from your successes and shortcomings.(tags: trading)
After two very choppy days the market found its footing and had a trend day. There are theories for why the market rallied today (rates dropping; Bear Stearns' comments; bears taking cover ahead of the Fed) but I'd like to think that it was just an oversold, technical bounce. The S&P bounced off of its June low, which we've been watching for a few days now, and the Nasdaq rebounded from its 50-day moving average. Volume was basically flat with the levels of the previous two sessions. I would have expected more volume from a day with such a big move in price. Perhaps the looming Fed statement had people holding back just a bit.



No changes.
| Trend | Nasdaq | S&P 500 | Russell 2000 |
| Primary | Up | Up | Up |
| Intermediate | Up | Lat | Lat |
| Short-term | Up(+) | Down | Lat(+) |
(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend
We're gapping down this morning right near the June lows on the S&P 500. Let's see if buyers can defend that support area.
On Today's Calendar:
- 10:30 -- Crude Inventories
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
The Nerds know something that you don’t: semiconductors are back like Ray-Bans…well, some of them are. Advanced Semiconductor Engineering Inc. (ASX), Siliconware Precision Industries Co. Ltd. (SPIL), and National Semiconductor Corp. (NSM)(tags: stocks)
-
Will iPhone live up to the expectations of today’s tech-savvy consumers? Here’s what BetUS.com is betting:
-
We'll want to see signs of selling drying up on Tuesday, with Monday's price lows holding, to aggressively act on these bullish historical patterns.(tags: stocks)
-
The SEC is inquiring into the near-collapse of its fund, and Bear Stearns CEO James Cayne's reputation may be on the line
-
Talk about dumb money: The largest single investor in Blackstone's IPO was the government of China, which displays its investment prowess running the world's most speculative stock market...(tags: stocks)
-
Have you ever wondered how Warren Buffet made his millions? In this article we look at the concept of compounding.
-
There are three different types of gaps: Breakaway, Runaway and Exhaustion gaps. Each of these gaps appear at a different cycles of the markets....(tags: stocks technicalanalysis)
-
Everquest Financial has withdrawn an initial public offering that disclosed that its assets had been bought from Bear Stearns’ two troubled hedge funds.
-
Ask, Answer, and Discover Knowledge (and make money answering questions)
-
Can you say lawsuits?
-
So yes, the iPhone is amazing. But no, it’s not perfect.
-
It isn’t for the average person who just wants a cheap, small phone for calling and texting. But, despite its network limitations, the iPhone is a whole new experience and a pleasure to use.
-
TENS of thousands of people are expected to line up this Friday for themost hyped gadget of the decade - the iPhone. Don't be one of them.
Today's trading was almost a replay of yesterday's. For the second day in a row a good sized rally fizzled in the afternoon. In fact, rallies fizzled twice today -- the opening gap got faded, then we got a strong bounce which got faded. Here's a shot of the QQQQ's intraday action over the last two sessions:

Despite the ugly closes the last two sessions the indices remain above their June lows. It sure feels like the market isn't going to move far from this area until after the Fed decision on Thursday. It feels like we're setup for a nice upside pop and the Fed statement may be the trigger.
Charts of the S&P 500, Nasdaq and Russell 2000 are below:
-
The ouster of its accounting officer 'suggests there could be corporate involvement' in a lending scandal, according to one analyst.(tags: stocks realestate)
-
These tools put the market (and any evaluations) in your hands.
-
For this week’s Friday Chat, Lindsay sits down with Rikki Tahta, Chairman and Co-Founder of Covestor, a brand-new play in the web 2.0 financial space.
-
Who's likely to get badly hurt as the subprime lending crunch assaults various pools of high-risk debt? Pension funds, mutual funds and other victims shockingly close to your wallet.
I finally got a chance to play around with my MyTrade page. The site is still in beta but it's coming along nicely. Think of it as a personalized start page, not unlike My Yahoo, NetVibes or Google Personalized Home Page (iGoogle), except MyTrade is geared toward stocks. The site allows you to customize your page by adding various pods (widgets). There are pods for stock watch lists, charts, quotes, news, videos by stock ticker, links/bookmarks, RSS feeds (you can use it to subscribe to blogs or other sites with feeds), etc. They've even made it easy to copy somebody else's page to use as a template for your own page. I know the founders, Andy and Landon Swan, have some more features to roll out. It should be interesting to watch MyTrade grow from its current version 0.03 to version 1.0.
-
In an effort to get some more publicity for the merger of Luxottica Group (LUX) and Oakley Inc. (OO), Lindsay works on her YouTube moves with viral video expert Obama Girl.(tags: stocks)
-
The revamped NYSE Euronext blog
-
many trading problems occur, not because of traders' weaknesses, but because their strengths do not align properly with their trading(tags: trading)
-
Customers do not want us to be NASDAQ. They do not want another super-fast video game with no price improvement and high volatility...
-
Forget about Google and Yahoo. Chinese Internet stocks are truly on fire, and analysts see more upside ahead.
-
Caliber is the second U.K. fund this week to report fallout from rising defaults by American homeowners (d'oh!)
From a Bloomberg article about the second U.K. hedge fund this week to blow up due to subprime mortgage investments (via Jack Stevison):
"The losses are going to be phenomenal" for funds worldwide holding subprime debt, said Peter Schiff, president of securities brokerage Euro Pacific Capital in Darien, Connecticut. "My guesstimate in the subprime world is that the majority of loans are going to go into default. Not just 5 or 10 percent, but the majority."
I'd like to know if there are any funds making money off of these subprime woes. Can these CDOs or whatever the heck they are be shorted?
It's Fed day and that means no trading for me. In fact, I won't be trading until the second week of July. With the 4th of July in the middle of next week it's sure to be a slow, low volume week. That's just the kind of week I'd love to avoid -- so I shall. Look for regular posting (watchlists and daily recaps) to resume around July 9th. I do have some book reviews and a few other things to publish so look for those over the coming days. Or, as always, you could just subscribe and they'll come to you.
On Today's Calendar:
- 10:00 -- Help-Wanted Index
- 2:15 -- FOMC policy statement
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
Wallstrip revisits Adobe Systems Inc., proving (ADBE) aint no flash in the plan
-
Amid subprime woes, today's ultra-wealthy continue to build enormous trophy homes as testaments to their success
-
It's getting harder to see how much longer the housing market will continue to drop before hitting bottom
-
If you use or are considering using Trade-Ideas you may want to watch this presentation on Thursday, June 28, 2007 at 12 noon EST
-
Knowing your ranges enables you to anticipate these breakout and mean reversion moves. Knowing how large traders are behaving at range extremes enables you to handicap the odds of sustaining moves outside the ranges.(tags: trading technicalanalysis)
-
Here are our favorite stops in the blogosphere, covering everything from high tech to low comedy and all manner of pursuits in between.
-
You're most likely to succeed if you have a curriculum, a way to practice skills, and a way to learn from your successes and shortcomings.(tags: trading)
After two very choppy days the market found its footing and had a trend day. There are theories for why the market rallied today (rates dropping; Bear Stearns' comments; bears taking cover ahead of the Fed) but I'd like to think that it was just an oversold, technical bounce. The S&P bounced off of its June low, which we've been watching for a few days now, and the Nasdaq rebounded from its 50-day moving average. Volume was basically flat with the levels of the previous two sessions. I would have expected more volume from a day with such a big move in price. Perhaps the looming Fed statement had people holding back just a bit.



No changes.
| Trend | Nasdaq | S&P 500 | Russell 2000 |
| Primary | Up | Up | Up |
| Intermediate | Up | Lat | Lat |
| Short-term | Up(+) | Down | Lat(+) |
(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend
We're gapping down this morning right near the June lows on the S&P 500. Let's see if buyers can defend that support area.
On Today's Calendar:
- 10:30 -- Crude Inventories
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
The Nerds know something that you don’t: semiconductors are back like Ray-Bans…well, some of them are. Advanced Semiconductor Engineering Inc. (ASX), Siliconware Precision Industries Co. Ltd. (SPIL), and National Semiconductor Corp. (NSM)(tags: stocks)
-
Will iPhone live up to the expectations of today’s tech-savvy consumers? Here’s what BetUS.com is betting:
-
We'll want to see signs of selling drying up on Tuesday, with Monday's price lows holding, to aggressively act on these bullish historical patterns.(tags: stocks)
-
The SEC is inquiring into the near-collapse of its fund, and Bear Stearns CEO James Cayne's reputation may be on the line
-
Talk about dumb money: The largest single investor in Blackstone's IPO was the government of China, which displays its investment prowess running the world's most speculative stock market...(tags: stocks)
-
Have you ever wondered how Warren Buffet made his millions? In this article we look at the concept of compounding.
-
There are three different types of gaps: Breakaway, Runaway and Exhaustion gaps. Each of these gaps appear at a different cycles of the markets....(tags: stocks technicalanalysis)
-
Everquest Financial has withdrawn an initial public offering that disclosed that its assets had been bought from Bear Stearns’ two troubled hedge funds.
-
Ask, Answer, and Discover Knowledge (and make money answering questions)
-
Can you say lawsuits?
-
So yes, the iPhone is amazing. But no, it’s not perfect.
-
It isn’t for the average person who just wants a cheap, small phone for calling and texting. But, despite its network limitations, the iPhone is a whole new experience and a pleasure to use.
-
TENS of thousands of people are expected to line up this Friday for themost hyped gadget of the decade - the iPhone. Don't be one of them.
Today's trading was almost a replay of yesterday's. For the second day in a row a good sized rally fizzled in the afternoon. In fact, rallies fizzled twice today -- the opening gap got faded, then we got a strong bounce which got faded. Here's a shot of the QQQQ's intraday action over the last two sessions:

Despite the ugly closes the last two sessions the indices remain above their June lows. It sure feels like the market isn't going to move far from this area until after the Fed decision on Thursday. It feels like we're setup for a nice upside pop and the Fed statement may be the trigger.
Charts of the S&P 500, Nasdaq and Russell 2000 are below:
-
The ouster of its accounting officer 'suggests there could be corporate involvement' in a lending scandal, according to one analyst.(tags: stocks realestate)
-
These tools put the market (and any evaluations) in your hands.
-
For this week’s Friday Chat, Lindsay sits down with Rikki Tahta, Chairman and Co-Founder of Covestor, a brand-new play in the web 2.0 financial space.
-
Who's likely to get badly hurt as the subprime lending crunch assaults various pools of high-risk debt? Pension funds, mutual funds and other victims shockingly close to your wallet.
I finally got a chance to play around with my MyTrade page. The site is still in beta but it's coming along nicely. Think of it as a personalized start page, not unlike My Yahoo, NetVibes or Google Personalized Home Page (iGoogle), except MyTrade is geared toward stocks. The site allows you to customize your page by adding various pods (widgets). There are pods for stock watch lists, charts, quotes, news, videos by stock ticker, links/bookmarks, RSS feeds (you can use it to subscribe to blogs or other sites with feeds), etc. They've even made it easy to copy somebody else's page to use as a template for your own page. I know the founders, Andy and Landon Swan, have some more features to roll out. It should be interesting to watch MyTrade grow from its current version 0.03 to version 1.0.
-
In an effort to get some more publicity for the merger of Luxottica Group (LUX) and Oakley Inc. (OO), Lindsay works on her YouTube moves with viral video expert Obama Girl.(tags: stocks)
-
The revamped NYSE Euronext blog
-
many trading problems occur, not because of traders' weaknesses, but because their strengths do not align properly with their trading(tags: trading)
-
Customers do not want us to be NASDAQ. They do not want another super-fast video game with no price improvement and high volatility...
-
Forget about Google and Yahoo. Chinese Internet stocks are truly on fire, and analysts see more upside ahead.
-
Caliber is the second U.K. fund this week to report fallout from rising defaults by American homeowners (d'oh!)
From a Bloomberg article about the second U.K. hedge fund this week to blow up due to subprime mortgage investments (via Jack Stevison):
"The losses are going to be phenomenal" for funds worldwide holding subprime debt, said Peter Schiff, president of securities brokerage Euro Pacific Capital in Darien, Connecticut. "My guesstimate in the subprime world is that the majority of loans are going to go into default. Not just 5 or 10 percent, but the majority."
I'd like to know if there are any funds making money off of these subprime woes. Can these CDOs or whatever the heck they are be shorted?
It's Fed day and that means no trading for me. In fact, I won't be trading until the second week of July. With the 4th of July in the middle of next week it's sure to be a slow, low volume week. That's just the kind of week I'd love to avoid -- so I shall. Look for regular posting (watchlists and daily recaps) to resume around July 9th. I do have some book reviews and a few other things to publish so look for those over the coming days. Or, as always, you could just subscribe and they'll come to you.
On Today's Calendar:
- 10:00 -- Help-Wanted Index
- 2:15 -- FOMC policy statement
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
Wallstrip revisits Adobe Systems Inc., proving (ADBE) aint no flash in the plan
-
Amid subprime woes, today's ultra-wealthy continue to build enormous trophy homes as testaments to their success
-
It's getting harder to see how much longer the housing market will continue to drop before hitting bottom
-
If you use or are considering using Trade-Ideas you may want to watch this presentation on Thursday, June 28, 2007 at 12 noon EST
-
Knowing your ranges enables you to anticipate these breakout and mean reversion moves. Knowing how large traders are behaving at range extremes enables you to handicap the odds of sustaining moves outside the ranges.(tags: trading technicalanalysis)
-
Here are our favorite stops in the blogosphere, covering everything from high tech to low comedy and all manner of pursuits in between.
-
You're most likely to succeed if you have a curriculum, a way to practice skills, and a way to learn from your successes and shortcomings.(tags: trading)
After two very choppy days the market found its footing and had a trend day. There are theories for why the market rallied today (rates dropping; Bear Stearns' comments; bears taking cover ahead of the Fed) but I'd like to think that it was just an oversold, technical bounce. The S&P bounced off of its June low, which we've been watching for a few days now, and the Nasdaq rebounded from its 50-day moving average. Volume was basically flat with the levels of the previous two sessions. I would have expected more volume from a day with such a big move in price. Perhaps the looming Fed statement had people holding back just a bit.



No changes.
| Trend | Nasdaq | S&P 500 | Russell 2000 |
| Primary | Up | Up | Up |
| Intermediate | Up | Lat | Lat |
| Short-term | Up(+) | Down | Lat(+) |
(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend
We're gapping down this morning right near the June lows on the S&P 500. Let's see if buyers can defend that support area.
On Today's Calendar:
- 10:30 -- Crude Inventories
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
-
The Nerds know something that you don’t: semiconductors are back like Ray-Bans…well, some of them are. Advanced Semiconductor Engineering Inc. (ASX), Siliconware Precision Industries Co. Ltd. (SPIL), and National Semiconductor Corp. (NSM)(tags: stocks)
-
Will iPhone live up to the expectations of today’s tech-savvy consumers? Here’s what BetUS.com is betting:
-
We'll want to see signs of selling drying up on Tuesday, with Monday's price lows holding, to aggressively act on these bullish historical patterns.(tags: stocks)
-
The SEC is inquiring into the near-collapse of its fund, and Bear Stearns CEO James Cayne's reputation may be on the line
-
Talk about dumb money: The largest single investor in Blackstone's IPO was the government of China, which displays its investment prowess running the world's most speculative stock market...(tags: stocks)
-
Have you ever wondered how Warren Buffet made his millions? In this article we look at the concept of compounding.
-
There are three different types of gaps: Breakaway, Runaway and Exhaustion gaps. Each of these gaps appear at a different cycles of the markets....(tags: stocks technicalanalysis)
-
Everquest Financial has withdrawn an initial public offering that disclosed that its assets had been bought from Bear Stearns’ two troubled hedge funds.
-
Ask, Answer, and Discover Knowledge (and make money answering questions)
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Can you say lawsuits?
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So yes, the iPhone is amazing. But no, it’s not perfect.
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It isn’t for the average person who just wants a cheap, small phone for calling and texting. But, despite its network limitations, the iPhone is a whole new experience and a pleasure to use.
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TENS of thousands of people are expected to line up this Friday for themost hyped gadget of the decade - the iPhone. Don't be one of them.
Today's trading was almost a replay of yesterday's. For the second day in a row a good sized rally fizzled in the afternoon. In fact, rallies fizzled twice today -- the opening gap got faded, then we got a strong bounce which got faded. Here's a shot of the QQQQ's intraday action over the last two sessions:

Despite the ugly closes the last two sessions the indices remain above their June lows. It sure feels like the market isn't going to move far from this area until after the Fed decision on Thursday. It feels like we're setup for a nice upside pop and the Fed statement may be the trigger.
Charts of the S&P 500, Nasdaq and Russell 2000 are below:
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The ouster of its accounting officer 'suggests there could be corporate involvement' in a lending scandal, according to one analyst.(tags: stocks realestate)
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These tools put the market (and any evaluations) in your hands.
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For this week’s Friday Chat, Lindsay sits down with Rikki Tahta, Chairman and Co-Founder of Covestor, a brand-new play in the web 2.0 financial space.
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Who's likely to get badly hurt as the subprime lending crunch assaults various pools of high-risk debt? Pension funds, mutual funds and other victims shockingly close to your wallet.
I finally got a chance to play around with my MyTrade page. The site is still in beta but it's coming along nicely. Think of it as a personalized start page, not unlike My Yahoo, NetVibes or Google Personalized Home Page (iGoogle), except MyTrade is geared toward stocks. The site allows you to customize your page by adding various pods (widgets). There are pods for stock watch lists, charts, quotes, news, videos by stock ticker, links/bookmarks, RSS feeds (you can use it to subscribe to blogs or other sites with feeds), etc. They've even made it easy to copy somebody else's page to use as a template for your own page. I know the founders, Andy and Landon Swan, have some more features to roll out. It should be interesting to watch MyTrade grow from its current version 0.03 to version 1.0.
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In an effort to get some more publicity for the merger of Luxottica Group (LUX) and Oakley Inc. (OO), Lindsay works on her YouTube moves with viral video expert Obama Girl.(tags: stocks)
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The revamped NYSE Euronext blog
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many trading problems occur, not because of traders' weaknesses, but because their strengths do not align properly with their trading(tags: trading)
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Customers do not want us to be NASDAQ. They do not want another super-fast video game with no price improvement and high volatility...
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Forget about Google and Yahoo. Chinese Internet stocks are truly on fire, and analysts see more upside ahead.
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Caliber is the second U.K. fund this week to report fallout from rising defaults by American homeowners (d'oh!)
From a Bloomberg article about the second U.K. hedge fund this week to blow up due to subprime mortgage investments (via Jack Stevison):
"The losses are going to be phenomenal" for funds worldwide holding subprime debt, said Peter Schiff, president of securities brokerage Euro Pacific Capital in Darien, Connecticut. "My guesstimate in the subprime world is that the majority of loans are going to go into default. Not just 5 or 10 percent, but the majority."
I'd like to know if there are any funds making money off of these subprime woes. Can these CDOs or whatever the heck they are be shorted?
It's Fed day and that means no trading for me. In fact, I won't be trading until the second week of July. With the 4th of July in the middle of next week it's sure to be a slow, low volume week. That's just the kind of week I'd love to avoid -- so I shall. Look for regular posting (watchlists and daily recaps) to resume around July 9th. I do have some book reviews and a few other things to publish so look for those over the coming days. Or, as always, you could just subscribe and they'll come to you.
On Today's Calendar:
- 10:00 -- Help-Wanted Index
- 2:15 -- FOMC policy statement
More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic
Potential swing trades:
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Wallstrip revisits Adobe Systems Inc., proving (ADBE) aint no flash in the plan
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Amid subprime woes, today's ultra-wealthy continue to build enormous trophy homes a