It’s now a few days into my JPM prediction and you may be wondering why, with the stock clearly below my $20 floor, I’m still optimistic?
Nothing will happen in a day or two. Technicals showed that the price of this stock needed to ease up a little. That said, today’s pivot point analysis shows S2 […]
JP Morgan has a history of bailing out the American economy. And it did so again in 2008. In concert with the Fed, they judiciously planned a way to prop up Wall Street as it disintegrated before everyone’s eyes. JP Morgan acquired Chase, as the Fed let Leehman fail and propped up Citi and others. […]
I’ve heard that some financial stocks are up and that the price of gold is showing the begging of a stability trend. In addition Sunpower, a leading solar technology maker, posted record breaking earnings, today.
That’s interesting. And I wish I could bet real money on that. I certainly am investing some hope into these observations.
There […]
We’ve been seeing trends of positive gains on the stock market, in the past few trading days.
Today, we can see double digit percent gains in building materials (IPII), consumer cyclical, hotel and resorts (IHR), consumer non-cyclical, agriculture (ANDE), Semiconductors (NVDA), Metals, gold mining (NEM), and oil & gas (HK, SFY, PXP). Top sectors that I’m […]
The last time I prognosticated on the gold commodity ETF, GLD, I strongly recommended a buy. Since then, the ETF went from somewhere in the 60’s to 90… and back down to settle in the 80’s. Now, that’s a wealth recovery ride!
So let’s check in again. The 3-month technical chart shows a retrenchment to 85 […]
I think not. One of our readers sent me a note, earlier today, asking if, as a day trader, I would consider riding the volatility of these two federal bail out babies? The reason was that the stocks have been severely beat up and, with the federal bail-out, are poised to recover.
Being a fan of […]
Here’s a follow-up on my previous post. I just plunked a few dollars in the GLD ETF, on Monday morning, and it popped up, during the day, thanks to all the Wall Street turmoil. Also, I ran the technicals and, according to fast Stochastic and RSI, it looks like this ETF wants to experience a […]
How are the contenders to Cisco’s ever-growing sandbox faring, these days? This posting will focus on Juniper, often referred as No. 2 in the networking arena.
Junipers plays with: application performance; identity, policy and control; management software; routing, switching; security, and software-based network operations management - key technologies common with Cisco’s portfolio.
And, Juniper plays in; enterprise, […]
Former Wall Street Darling, Cisco Systems, recently announced earnings and, shortly thereafter, yet another major investment company downgraded this stock. That’s 4 wall street barons in 5 months. However, this is not a unanimous consensus, new comers are posting more bullish prognostications. Who’s right?
The Motley Fool, the internet’s quintessential buy-and-hold investing advice web site, says […]
Holy Cow! I just checked one of the stocks that this blog has been tracking. Since mid-May ENER has gone from $35 to $83.50!!
More evidence that technical tracking and keeping up with the news pays off. But has the stock run its course? This would involve some fundamental analysis. For now, let’s see what the […]
