10.31.2007

Happy Holloween




Found some interesting charts that are poised to break to the upside.

10.30.2007

XOM - 5% correction in the making



By the looks of it, we look like we will drop to $85 very soon.

10.29.2007

USO - first warning signal



I suspect we break all time highs in USO, make headline news. Strong buy recommendations coming... That's the first warning (to take profits)...

10.28.2007

PXE, finds target approaching




If PXE makes new highs, buy them! Put a stop in at 23. The final stage of a move is typically the biggest move. HOWEVER, if we stall, we could find ourselves back to 21.

10.26.2007

I need a place to call home



I think home prices will continue to fall, if not as drastic, but, having said that, take a look at the home builders index. Its double bottomed, and has a rising MACD. You know what that means, right?

MACD is the leading indiciator, price will soon follow.

SMH - Chips and salsa please



oh, and don't forget the side of guacamole!

04/2008

Solar's were on fire the past few weeks, going into Option Expiration, Led by FSLR, which hit $300/share. Agriculture stocks, led by POT ran higher as well, with POT reaching over $200/share. Meanwhile, GOOG was flat ahead of earnings. Financials were supposedly going to report awful numbers that could send the stocks lower, and lots of puts were bough ahead of the earnings reports.

on WED 4/16, GS was down to $163, nearly filling the previous gap. On 4/17, April 180 calls were .01. On friday, 4/18, those same calls were over $2.

on WED 4/16, SPWR was up to $100 a share, ahead of thursday's earnings. April $90 puts were .50. On thursday, after a "not good enough" report, SPWR fell 12%, the puts ran up to $5.

on WED, 4/16, FSLR hit $300 a share. On thursday, FSLR fell to $280, 20pts. The April 280's and 290 puts racked up big gains.

on WED, 4/16, POT hit $200 a share. On thursday, POT fell 10pts. The 190 puts ran up nicely. On thursday, POT at $190/share, the april $200 calls fell to .20, and finished over $5 by friday, where POT closed at $204.

on Thursday 4/17, GOOG was flat, at around $450 a share. The April 500 calls fell from $1 to .10, and back to .60 right before the close. GOOG reported good numbers after the close, the stock ran up to $539 on Friday. Those same calls ran up to $40.

10.17.2007

China Stocks

if want to compare china based companies, but don't have the time?

Check out this site.

http://www.cnanalyst.com/