DOW 7608.92 +86.90
NASDAQ 1528.59 +26.79
SP500 797.87 +10.34
Indices gave back nearly 1/2 of earlier days when press releases indicated GM bond holders may push GM into a prepackaged bankruptcy.
GLD 90.28 +0.30
SLV 12.79 -0.06. Day range 12.41 - 13.03.
PTM 13.79 +0.062
APL 3.92 +0.45
EEE 1.392 +0.172. Expect 1.5 area retest to again present resistance.
FAS 5.50 +0.65
URE 2.45 +0.25. May need more time to consolidate.
VMW 23.62 +0.10
XLE 42.46 -0.364. Day range 42.44 - 43.57.
XLF 8.81 +0.46
CCL 21.60 +0.68. Carvinal cruise line. Dependent upon consumer discretionary spending.
GM 1.94 -0.76 (-28.15%). Prepackaged bankruptcy is approaching.
TRE 4.42 +0.
Notes from various radio programs that cover investing, trading, and the markets. Additional commentary about trading ideas, investing, stock brokers, option brokers, moving averages, candle stick charting, ABC, fibonacci, support, resistance, channels, trends, and commodities.
Tuesday, March 31, 2009
Thursday, March 26, 2009
20090326 PM
DOW 7924.56 +174.75. Heading for 8600.
NASDAQ 1587.00 +58.05.
SP500 832.86 +18.98. Closed above the February gap down. Heading for 900.
GLD 91.93 -0.05
SLV 13.35 +0.
PTM 14.05 +0.21
EEE 1.16 -0.15 (-11.45%). Sold off at end of day on large volume.
TNA 20.58 +2.03. Sold at 19.1 in the morning.
FAS 6.861 +0.28. Bought at 6.78 today. Looking for 8 and then it can quickly go much higher.
URE 2.69 +0.14. Consolidating. A close above 3.16 (February 17 gap down) and this can go to 5.
XLE 45.83 +0.39.
XLF 9.43 +0.11.
DRYS 5.11 +0.36 (+7.58%).
NASDAQ 1587.00 +58.05.
SP500 832.86 +18.98. Closed above the February gap down. Heading for 900.
GLD 91.93 -0.05
SLV 13.35 +0.
PTM 14.05 +0.21
EEE 1.16 -0.15 (-11.45%). Sold off at end of day on large volume.
TNA 20.58 +2.03. Sold at 19.1 in the morning.
FAS 6.861 +0.28. Bought at 6.78 today. Looking for 8 and then it can quickly go much higher.
URE 2.69 +0.14. Consolidating. A close above 3.16 (February 17 gap down) and this can go to 5.
XLE 45.83 +0.39.
XLF 9.43 +0.11.
DRYS 5.11 +0.36 (+7.58%).
20090326 1325
DOW 7,920.02 +170.21
NASDAQ 1,578.11 +49.16
SP500 831.76 +17.88. Pushing above February 17 gap down high price.
In general, shorts continue to get smoked.
Financials have lagged today though they are starting to participate in the upside.
TNA 20.32 +1.77
Financials:
FAS 6.79 +0.209. Started long swing trade at 6.78.
XLF 9.41 +0.09. Looking for weekly close above 9.7 to then test of 10.5.
NASDAQ 1,578.11 +49.16
SP500 831.76 +17.88. Pushing above February 17 gap down high price.
In general, shorts continue to get smoked.
Financials have lagged today though they are starting to participate in the upside.
TNA 20.32 +1.77
Financials:
FAS 6.79 +0.209. Started long swing trade at 6.78.
XLF 9.41 +0.09. Looking for weekly close above 9.7 to then test of 10.5.
20090326 0951
DOW 7,814.49 +64.68
NASDAQ 1,552.95 +24.00
SP500 821.30 +7.42
TNA 19.094 +0.544. Sold at 19.1 for 2.55 gain from going long yesterday.
NASDAQ 1,552.95 +24.00
SP500 821.30 +7.42
TNA 19.094 +0.544. Sold at 19.1 for 2.55 gain from going long yesterday.
Wednesday, March 25, 2009
20090325 PM
DOW 7749.81 +89.84
NASDAQ 1528.95 +12.43
SP500 813.88 +7.76
Indices sold off at lunchtime then recovered to close higher with volume. Big price range on some of the equities.
Bank of England debt auction was under-subscribed.
GLD 91.98 +1.03
SLV 13.35 +0.10
PTM 13.84 +0.09
ANO 0.53 +0.03.
EEE 1.31 -0.12 (-8.39%). Day range 1.15 - 1.63.
TNA 18.55 +1.35. Started long at 16.55.
URE 2.55 +0.05. Sold a few covered calls today, though was unable to cover call all of the long position. Rejected lower price and going higher.
VMW 24.16 -0.48. Day range 23.16 - 25.08.
XLE 45.44 -0.22.
FAZ 19.46 -1.69. Scalped intraday.
TRE 5.00 +0.35.
NASDAQ 1528.95 +12.43
SP500 813.88 +7.76
Indices sold off at lunchtime then recovered to close higher with volume. Big price range on some of the equities.
Bank of England debt auction was under-subscribed.
GLD 91.98 +1.03
SLV 13.35 +0.10
PTM 13.84 +0.09
ANO 0.53 +0.03.
EEE 1.31 -0.12 (-8.39%). Day range 1.15 - 1.63.
TNA 18.55 +1.35. Started long at 16.55.
URE 2.55 +0.05. Sold a few covered calls today, though was unable to cover call all of the long position. Rejected lower price and going higher.
VMW 24.16 -0.48. Day range 23.16 - 25.08.
XLE 45.44 -0.22.
FAZ 19.46 -1.69. Scalped intraday.
TRE 5.00 +0.35.
20090325 1516
DOW 7,606.37 -53.60
NASDAQ 1,498.11 -18.41
SP500 797.35 -8.77
TNA 16.70 -.50. Bought at 16.55 for swing trade.
EEE 1.21 -.22. Had a .20 drop on high volume.
NASDAQ 1,498.11 -18.41
SP500 797.35 -8.77
TNA 16.70 -.50. Bought at 16.55 for swing trade.
EEE 1.21 -.22. Had a .20 drop on high volume.
20090325 1455
DOW 7,598.80 -61.17
NASDAQ 1,495.79 -20.73
SP500 796.22 -9.90. If 790 doesn't hold, a drop to 770 will be quick.
FAZ 22.65 +1.50. Sold intraday scalp long at 22.7 for .62 gain. Triple short financials.
XLF 8.838 -0.182. Financial ETF had hit congestion at 8.75 from Monday morning and does not appear to be going into the gap from Monday morning.
TNA 16.22 -0.98. Is at the potential buy price of 16.3 that was mentioned last night.
NASDAQ 1,495.79 -20.73
SP500 796.22 -9.90. If 790 doesn't hold, a drop to 770 will be quick.
FAZ 22.65 +1.50. Sold intraday scalp long at 22.7 for .62 gain. Triple short financials.
XLF 8.838 -0.182. Financial ETF had hit congestion at 8.75 from Monday morning and does not appear to be going into the gap from Monday morning.
TNA 16.22 -0.98. Is at the potential buy price of 16.3 that was mentioned last night.
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