Monthly Archives: July 2011

Wonder why the market is stuck? Blame Congress

As hard it is to even imagine, a new Rasmussen poll shows that 6% of likely US voters think Congress is doing a good or excellent job. When I first heard that, my first reaction was, who is in that … Continue reading

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Marching with GLD

Playing with numbers, puzzles, and math tricks – is always exiting. Trading falls into that category. In retrospect, when we look at charts we can see patterns that make a lot of sense. We see numbers following the formulas over … Continue reading

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ZAGG Inc – ZAGG

Date Provided to Members: July 10, 2011 Service: Gold Members Entry Point: $12.60 Target Price: $15.000-0$15.25 Profit (Loss): 19.04% Days to Held: 4 Comments: Here is what we had to say on Sunday night, July 10th, as reported in the … Continue reading

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Banks get the upper hand… Again

I just read a story that was written by Daniel Gross of the Contrary Indicator. It’s a bit complicated, but the bottom line is that a number of banks have paid back TARP funds that they had previously borrowed by … Continue reading

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Not My Money?

Lat week I wrote about the “sunk money” phenomenon. I used a hypothetical trade, not a recommendation or any description of a setup that I would use. However I am sure lots of traders got themselves involved in IWM the … Continue reading

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Celsion Corp – CLSN

Date Provided to Members: July 3, 2011 Service: Gold Members Entry Point: $3.13 Current Price: $3.87 Profit (Loss): 23.64% Days to Held: 5 Comments: Here were our original thoughts on Sunday night, July 3rd, as we provided to our Gold … Continue reading

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Report Card – Volume 84

Here is our Report Card for the week of July 10, 2011 Grade for the Week: Bookmark on Delicious Digg this post Recommend on Facebook share via Reddit Share with Stumblers Tweet about it Subscribe to the comments on this … Continue reading

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Fed just doesn’t get it

Well, all of the talk about no chance of a QE3 went down the toilet today, when Fed Chairman Ben Bernanke told Congress that another round of stimulus is in the works. The market’s initial reaction was higher, but don’t … Continue reading

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“Sunk Cost” Trap

Trading is a losing proposition for many. For me one sure thing in trading is risk. Can I manage my reaction to it? If I am one of many technical traders, and most of them have access to very good … Continue reading

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Report Card – Volume 83

Here is our Report Card for the week of July 3, 2011 Grade for the Week: Bookmark on Delicious Digg this post Recommend on Facebook share via Reddit Share with Stumblers Tweet about it Subscribe to the comments on this … Continue reading

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