Market Open, Dec 12th
YM Biosciences (YMI) is not one of our basket biotechnoogy stocks, but Gilead bought it anyway today: Gilead Acquiring YM Biosciences For Cancer Drug Gilead Sciences (GILD) announced Wednesday that it’s buying YM Biosciences (YMI) for $465 million in a bid to branch [More]
TAGS: Market Open, trading, YM, YMI
Market Close, Dec 11th
New Signals NASDAQ Hourly Trend Model——->NEW LONG VXX Hourly Trend Model————->NEW SHORT GOOG Daily Trend Model————–>NEW LONG (Let’s see if AAPL follows) Tuesday’s Market Analysis We have been blessed with two running biotech’s, CLSN and CTIX. They are up 200% [More]
Market Open, Dec 11th
We are close to the two-week window of Christmas trading, when volume shrinks and volatility follows. But this year may very well hold some surprises and Congress may allow the economy to plunge to into the abyss. In anticipation of [More]
TAGS: Apple, Buy Signal, Market Open, New Year
Market Close, Dec 10th
New Signals SWHC Daily Trend Model———->NEW SHORT Monday’s Market Analysis I can’t make something out of nothing and that is three days in a row now that there has been nothing to “analyze” about this market. I continue to watch [More]
Market Open, December 10th
Sometimes, the less said the better. Those were about the two best market days I could have picked to climb Mt. Everest, as only model, XLF Daily, reversed trend. The next two weeks, 10 trading days, will likely pack a [More]
TAGS: Market Open
Market Close, December 5th
*I will be out-of-town Thursday through Sunday. Posts will be limited to updating new signals, subject only to any dramatic market action that will need to be addressed. New Signals DJIA Daily Trend Model—————>NEW LONG CBM Daily Trend Model—————->NEW LONG [More]
Controlled Demolition…..of Shorts
The DJIA rose about 160 points in less than an hour, the footprint of high frequency trading. Expect it all to be retraced. This humanoid trading is programmed to kick in off of headlines. Until the words “fiscal cliff” are [More]
Market Open, Dec 5th
One Of The World’s Biggest Gold Producers Is Getting Slammed After Announcing Two Acquisitions Shares of Freeport-McMoRan (FCX), one of the world’s biggest gold producers, are tanking in early trading after the company announced this morning that it would [More]
TAGS: AAPL, Market Open, MMR, trading
Market Close, Dec 4th
*I will be out-of-town Thursday through Sunday. Posts will be limited to updating new signals, subject only to any dramatic market action that will need to be addressed. New Signals NASDAQ Hourly Trend Model——>NEW SHORT VXX Hourly Trend Model————>NEW LONG [More]
TAGS: CTIX, New Signals, Premium Trade Alert, trading