There are two important technical events right now.1.) The market is in a clear downward sloping channel. So long as prices remain in that channel the market will be somewhat "predictable". However, notice there is roughly a 20 point range for prices to move in. That means we can have 15% - 20% moves and still be within the channel. So high volatility is still a possibility.2.) I drew two horiz...
Results 1 - 10 of 1239 for "ICT"
It was a good day. My growing interesting - and growing long positions - in commodities-related items (particularly DIG) served me well. Trying to trade the ES right now..........even for those with conviction.........is treacherous. I've got some things to do............so I'll do a post late tonight. I'm pleased - really pleased - with how everything turned out today.
TPM Muckraker reports about possible conflicts of inflict in TARP administration. Imagine!Highlights:The department has hired outside private contractors to administer parts of the bailout program, notes GAO. In their responses to Treasury's requirements, six of the eight service providers selected as of November 25, 2008, identified potential or actual sources of conflict. According to our rev...
Sigma Designs (SIGM) this afternoon reported results for its fiscal third quarter ended November 1 in line with its recently reduced guidance. For the quarter, the company reported revenue of $46.8 million and non-GAAP profits of 27 cents a share. Sigma had projected revenue of $46.5 million, down 20% from Q2. The Street consensus was $46.4 million and 29 cents. The company did not provide any ...
Upon reflection, the odd thing about the past ten years is how I have felt about the market through much of this time. And my dominant feeling for the majority of the past ten years, depending on the market, has been “Wow, this market sure is stupid.”
Picking out a CEO to go in technology right now might seem pointless. The argument could be almost any of them if you count share price only. That is doubly true if you look at just DRAM and flash memory makers. But the one stand-out company which could use a new CEO is SanDisk Corp. (NASDAQ: SNDK). Dr. Eli Harari is a co-founder of the company, and he sits as Chairman, CEO, and as a member of...
Consider the following lovely chart (via Barry, via Financial Philosopher). It's cute, and helpful-ish, but it also points to one of the problems with all the current chatter about how long the average recession runs. Scan it first, and my commentary follows.
Commence Kabuki. With the Detroit automakers in the late stages of supplication, a predictable ritual will now take place. The CEOs of GM, Ford (F), and Chrysler will do as instructed: travel like common men from Detroit to Washington and present the government with new-and-improved restructuring plans showing that this time, they really are serious about slaughtering sacred cows and right-sizi...
Commence Kabuki. With the Detroit automakers in the late stages of supplication, a predictable ritual will now take place. The CEOs of [[GM]], Ford (F), and Chrysler will do as instructed: travel like common men from Detroit to Washington and present the government with new-and-improved restructuring plans showing that this time, they really are serious about slaughtering sacred cows and right-...
Danger To Eurodollar Futures Volumes Seen In Harkin BillEasyBourse.com,France- 51 minutes ago… of derivatives trading onto exchange-traded platforms, putting the instruments under the jurisdiction of the Commodity Futures Trading Commission. … Written by "futures trading" - Google News and Powered by WordPress