I often hear analysts and talking heads discuss reasons for the stock market’s movements. Their conclusions are really just a collection of their emotions packaged together to form a result. I have to ignore their commentary, because if I listen too carefully, I may get swept up trying to rationalize the action. We all know…
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During today’s webinar, I spent quite a bit of time talking about the recent market developments and market structure. Because sentiment is starting to get a bit overbought and heated, everyone is asking, “Is a market pullback coming?” The answer, of course, is, “Maybe.” A pullback certainly would not be surprising given its current condition.…
DetailsGreen Mountain Coffee Roasters (GMCR) is the company that produces those little K cups and the Keurig machines that produce the one-cup-at-a-time wonder. As an alternative to Starbucks and other coffee houses, the K cups are a great change from the traditional pot of coffee. However, the company has not been short of controversy. Often…
DetailsCempra (CEMP) specializes in treating critical bacterial infectious diseases. It has a number of Phase 3 clinical candidates specifically targeted at drug-resistant bacterial infections in the hospital and the community. Their work could not come at a better time. As widespread use of general antibiotics continues, we are seeing an increase of “super-germs” or infections…
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Today was a very special webinar with RBC’s internet analyst Mark Mahaney, a brilliant strategist who leads the group that follows some of the biggest names out there. Mark was gracious enough to spend a good 45 minutes with us talking about some of names he covers, and he talked extensively about opportunities in Amazon…
DetailsThis morning, Suz Smith joined me for an information-filled webinar that extended longer than the intended hour. We covered some of the most important options trading strategies we rely on and discuss every day in our chat room. Suz started out talking about trading timeframes, and then we pivoted to talking about the current market…
DetailsVolatility can be very difficult to predict, let alone control. Random price movements make charts and technicals practically useless, and never mind fundamental analysis, which simply cannot explain violent movements that erupt after a news event. The market is designed around accumulation and distribution, which you can see very clearly on a price and volume…
DetailsLast fall, we witnessed the coming out party – and the biggest IPO ever – of Alibaba. There is nothing more exciting than a hot new issue, and the buzz around this one got everyone’s juices flowing. Alibaba is one of the biggest online retailers in the world, serving more than 300 million users in…
DetailsWe all know that Apple has become the king of smart phones, which was recently proven when they reported a staggering sale number of over 74 million iPhones sold in one month, far outpacing any competitor. Apple has just crushed the once mighty Blackberry, a company that has fallen on hard times. Blackberry is no…
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Today, I talked about the market condition and how we look overbought – but the sentiment indicators seem to tell a mixed picture. However, markets are right near highs with that sentiment still not flashing a signal – so we have a wall of worry up. VIX still looks in great shape here and says…
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