HOLX was on fire, today, with prices varying a full $4/share, in a generally positive direction. Considering that price varied between $60.50 and $64.48/share, today, and that it followed textbook technical indicators, there was a good opportunity to shore up some of those losses many of us had to endure for the past while.
HOLX, or […]
Signs of economic slowdown are everywhere. Even this blog seems to focus on themes that confirm the bears are everywhere. Technology, among many other industries, seems to reflect the general uncertainty faced by most areas of the economy. We wish for positive signs. We hope that new product and service introductions will spark a turnaround. […]
I just ran a 6-month candlestick chart for the USD.JPY currency pair and pulled up a few technical analysis indicators.
When the Stochastic indicator slid to the 20th percentile and flattened, paired with the RSI hitting the 20th percentile, and the MACD showing a turnaround signal, we saw a month of steady increase in the price […]
The Fed dropped interest rates by 3/4 of a basis point to prevent the US economy from slipping into recession. And, President Bush wants to give more back to tax payers, as we read in the posting below.
This all sounds great but what does it mean for the average consumer? I went onto eloan.com, this […]
The Big Numbers will be reported in the coming few weeks. Investors are going to be busy. Major macro-economic news is coming on the heels of the Fed and the government’s desire to stimulate a very soft economy. I’m expecting these numbers to be less than encouraging. Why else would we be considering a $600 […]
For the past couple of weeks, I’ve managed to make two interesting plays. On CNBC news, I heard that solar energy was on fire, I bought some ENER and took an options position as well. Then, on further news that maybe solar energy has topped off, I maintained my bullish, but hedged position, synthesizing a […]
