I was lightly long going into this morning where I flipped that position and added to it at the close. I’m short the SPX only. I’m looking for a nasty day tomorrow where maybe we see an intraday reversal. Maybe not. I sold TZA waaaay to early but still managed 7%. I actually had TZA down at 90, but stopped myself out on panic early in the day. Tags: spx, tza
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Among the companies whose shares are expected to see active trade in Thursday’s session are Dell Inc., Gap Inc., and GameStop Corp.
Other analysts are likely to agree with Goldman Sachs that Reseach In Motion is a buy, says Jim Cramer.
Not even an economic catastrophe has kept these stocks from sending you money.
Filed under: Money and Finance Today, Economic data, Housing, Financial CrisisWhen you read the stories today about home construction hitting its lowest level since 1959, you probably think it's just more bad news -- but it's actually good news. The only way we're going to even get near the bottom of the housing price drop is for the backlog of available homes to be sold. We'll only see prices ...
Circuit City Blows A Fuse… But Here’s Why Its Bankruptcy Doesn’t Spell Holiday Doom For Retailers
Wed, Nov 19, 1:29 PM ET
by Paul Moore, Contributing Editor & Technology Specialist, Smart Profits Report So China has become the latest country to pump up its laboring economy, with a whopping $585 billion stimulus package. Whether it works or not… time will tell. But Asian and European stocks picked up on the move on Monday, grasping onto whatever seemingly positive moves they can. Here in the U.S., the me...
I got stopped out of AA this morning, and a bunch of other longs. These were thoughtful, carefully-chosen positions with sensible stops. I had 74 last week. I'm down to 30. My shorts, on the other hand, have suffered no such indignities. I was making money hand over fist until a week ago. Since then, my desire to try to "buy the bottom" has completely suspended my ability to generate green. I'm...
The Big 3 CEOs made their second stop on Capitol Hill while economic worries have stocks reeling.
The news on the US housing front continues to be bad from the standpoint of overall residential investment. However, this may be a case where bad news is actually good news. With far too much inventory still on the market, the last thing we need is more new homes adding to the glut. This is just a simple collerlary to the first law of holes: When you find yourself in one, stop digging. In th...