Archive for September, 2009

• Quote Corner
  Charles Amadeus, September 15th, 2009 at 12:13 am, Comments: 0

  Nothing is more uncertain than the favor of the crowd. – Marcus Tullius Cicero (Great Roman Orator, Politician 106-43 B.C.)

• Twitter Ticker ($UNG)
  Charles Amadeus, September 10th, 2009 at 11:37 pm, Comments: 0

  Natural Gas is catching fire on StockTwits as $UNG rises +10% in Thursday’s trading. After plummeting 40% during August/September (8/9), $UNG is enjoying a sharp reversal of fortune, much to the relief of the knife catching bulls who contemplate valuation. Although $UNG is trading in a primary downtrend, it has initiated a secondary uptrend that [...]

• S&P 500 Bullidex ($ES_F $SPY $SPX)
  Charles Amadeus, September 10th, 2009 at 2:44 am, Comments: 0

  The S&P 500 Bullidex rose 6.11% to close at 340 as the market continues to rally. The environment encourages increased risk taking as volatility continues to fall relative to the number of rising stocks, implying a growing chance of investment success. There is plenty of bad news ahead, but it will be digested by investors [...]

• Twitter Ticker ($AAPL)
  Charles Amadeus, September 10th, 2009 at 2:06 am, Comments: 0

  Apple chatter is growing on StockTwits as the tech toymaker churns out a slew of new products. With a well priced operating system update and a new iPod that creates video, $AAPL continues to look strong despite Wednesday’s 1% decline. Trading in a primary and secondary uptrend above a rising upper Bollinger, $AAPL would need [...]

• Quote Corner
  Charles Amadeus, September 9th, 2009 at 11:03 am, Comments: 0

  When a country lives on borrowed time, borrowed money and borrowed energy, it is just begging the markets to discipline it in their own way at their own time. Usually the markets do it in an orderly way – except when they don’t. – Thomas L. Friedman (NY TImes Foreign Affairs columnist, 2/24/05)

• Twitter Ticker ($GLD)
  Charles Amadeus, September 3rd, 2009 at 1:17 pm, Comments: 0

  Gold is a hot item on StockTwits as the shiny yellow stuff makes another run for 1000. Trading in an uptrend with the potential to surpass the upper Bollinger, $GLDs breakout on September 2nd is a strong bullish signal. The preliminary price objective is 99.13, but a move below 93.49 would initiate a secondary downtrend, [...]

• Twitter Ticker ($WFC)
  Charles Amadeus, September 2nd, 2009 at 3:51 am, Comments: 0

  Wells Fargo is buzzing on StockTwits as as it enters a secondary downtrend amidst a weakening market. Though the bank plans to repay TARP funds WITHOUT diluting existing shareholders, $WFC fell 4.76% on a rough day for the financial sector. If $WFC breaks below 25.87, it will initiate a primary downtrend and add fuel to [...]

• S&P 500 Bullidex ($ES_F $SPY $SPX)
  Charles Amadeus, September 2nd, 2009 at 3:25 am, Comments: 0

  The S&P 500 Bullidex fell 11.41% to close at 284, signaling an increase in volatility relative to the number of rising stocks. The new downtrend in the Bullidex confirms the recent weakness in the NYSE McClellan Oscillator, suggesting a risk adverse market environment. Though the S&P 500 remains in an uptrend, the breadth and volatility [...]