With all eyes focused on the fiscal cliff it is easy to ignore or even dismiss other important data that is happening. Hint: It ain’t so bad! One piece of critical data that came out a couple weeks ago was about the deficit, which has been shrinking, albeit at a slow pace. The key here…
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With the start of a new year we always hear about resolutions, or trying to arrest bad habits and to start on a path of good ones. It’s usually easier said than done and we often find by the end of January our motivation has disappeared and we fall back into the same old patterns…
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I believe that we will win! (heard loud and often at SDSU Aztec basketball games) The President believes, and even the Fed Chairman believes. I think most of the world reluctantly would agree with them. Santa Claus? No, we all know he’s real. The Aztecs? Of course, but we’re talking something a bit different. And…
Details(CNBC, December 18, 2012) Considering shares of Goldman Sachs are about 40% higher over the past 6 months, can the stock possibly have more room to run? With a resolution to the fiscal cliff becoming more likely, conventional wisdomwould suggest the answer is yes. After all, Europe’s financial woes don’t seem to be as bad…
DetailsBob recorded a short video on option volume and what he’s looking at to find good trade ideas.
Insurance is great when you need to use it, right? You’re glad you have insurance against your car when an accident happens, and you’re grateful to have it if a big storm hit and wipes out your home. But paying for the insurance is often agonizing or annoying, knowing we are likely just throwing money…
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As an avid follower of volume I look for trends to help define direction. In general, stocks trading higher on strong volume are bullish while trading lower on higher volume would be bearish. The same dynamics are set for up on weak volume (bearish) and down on weak volume (bullish). Taken as a particular data…
DetailsToday, Bob gave a preview of the jobs report and what the market was expecting, talked about recent trends and trades. He introduced Jim Osbiston, a great trader and information news provider. Jim talked about how he uses information for his advantage in trading and how important risk management is to successful trading.
Bob talked about some recent trades and where the charts indicate where the markets are headed. He introduced David Peltier, Manager of Stocks Under 10, a portfolio offering from thestreet.com. David gave his spin about markets and trading his style, gave some good tips and answered some audience questions.
With apologies to Alfred E. Newman, the title of the article is certainly what the market is telling us. How do I know this? Have you seen the new highs list recently? Some of the biggest winners so far are names like Costco, Ebay and Salesforce.com, to name a few. The indices are mostly up…
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