by Sabrient - September 17th, 2010 12:47 pm
Signals generated at end-of-day 9/16/2010 for the open on Friday, September 17, 2010:
Enter long: AFL
Enter long: ESL
Enter long: FRX
Enter long: GCI
Enter long: MDU
Enter long: NEU
Enter long: OXM
Enter long: RKT
Enter long: RPM
No long exit signals today
No short entry signals today
No short exit (cover) signals today
Open trade summary:
Long WTI since 9/16/2010, profit: $ -21
Long TCAP since 9/16/2010, profit: $ -141
Long CSGS since 9/16/2010, profit: $ 34
Long LNC since 9/15/2010, profit: $ -283
Long IPHS since 9/15/2010, profit: $ 170
Long ALTE since 9/15/2010, profit: $ -68
Short FIS since 8/23/2010, profit: $ -374
End of report for Thursday, September 16, 2010
MESA-Sabrient Trading Alerts (RS2) is the collaboration of two bona fide rocket scientists (we call it rocket science squared). It combines a technical overlay with Sabrient’s fundamentally strong stocks. The technical overlay was developed by John Ehlers, a retired scientist from the defense industry — the watch list, by David Brown, a former NASA scientist who was part of the lunar landing team.
John saw the outstanding buy-and-hold performance of SabrientÂ’s fundamentally ranked equities (the source of the Watch List) and thought he could improve upon their buy-and-hold performance with his technical timing system . . . and he did!
In a 3-month backtest (September – December 2009) and a 5-month (January – May) forward test, John had an average return of $249.84 or 2.50% per position. Out of 89 trades, 67% were winners.
by ilene - September 16th, 2010 2:35 pm
Heard it from a friend who, heard it from a friend who
Heard it from another you been messin’ around
They’re talkin’ about you and it’s bringin’ me down
But I know the neighborhood
And talk is cheap when the story is good
And the tales grow taller on down the line
But I’m telling you, babe, that I don’t think it’s true, babe
And even if it is keep this in mind
That was fast. We’re going to smile and take it on the run, for another 9% in 3 days on our HUSA short.
BUY TO COVER HUSA short at the market, Thursday, September 16, 2010.
And to quote the Terminator “I’ll be back.”
by Sabrient - September 13th, 2010 8:32 pm
Courtesy of David Brown, Chief Market Strategist
November 27th, 2014 10:09 pm
Courtesy of Mish.
For five consecutive months OPEC produced over its alleged quota. Nonetheless, and in spite of falling prices and pleas from Venezuela to restrict production, OPEC decided to take no action.
In the wake of the news, West Texas Intermediate plunged nearly 7% and Brent fell over 8%.
WTI Crude Futures
Brent Crude Futures
Please consider OPEC Fails to Take...
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November 27th, 2014 10:00 pm
Submitted by Tyler Durden.
When Americans celebrate Thanksgiving, they don’t know what they are celebrating.
In American folklore, Thanksgiving is a holiday that originated in 1621 with the Pilgrims celebrating a good harvest. Some historians say that this event is poorly documented, and others believe that the Thanksgiving tradition travelled to the New World with the Pilgrims and Puritans who brought with them the English Days of Thanksgiving. Other historians think the Pilgrims associated their relief from hunger with their observance of the relief...
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November 27th, 2014 1:40 pm
Reminder: David is available to chat with Members, comments are found below each post.
To learn more, sign up for David's free newsletter and receive the free report from All About Trends - "How To Outperform 90% Of Wall Street With Just $500 A Week." Tell David PSW sent you. - Ilene...
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November 27th, 2014 1:18 am
Courtesy of Doug Short.
The Final University of Michigan Consumer Sentiment for November came in at 88.8, a bit off the 89.4 preliminary reading but up from from the October Final of 86.9. As finaly readings go, this is a post-recession high and the highest level since July 2007, over seven years ago. Today's number came in below the Investing.com forecast of 90.2.
See the chart below for a long-term perspective on this widely watched indicator. I've highlighted recessions and included real GDP to help evaluate the correlation between the Michigan Consumer Sentiment Index and the broader economy.
more from Chart School
November 25th, 2014 11:00 pm
Courtesy of Benzinga.
Nimble Storage Inc (NYSE: NMBL) reported its third quarter results on Tuesday after market close. The company reported a loss of $0.15 per share, slightly better than the $0.16 per share loss analysts were expecting, while revenue of $59.10 million was higher than the $57.75 million analysts were expecting.
In a note to clients on Wednesday, Katy Huberty of Morgan Stanley noted that the company “continues to disrupt the storage market” as new customer adoption doubled year-over-year, increasing its installed base to more than 4,300 customers.
The analyst also notes that international investments are “beginning to pay off” as revenue grew 135 percent from a year ago, contributing 20 percent of total revenue in the quarter.
However, Huberty singles out the addition of the Fibre Channel (FC) protocol. The analyst states that the company has now ex...
http://www.insidercow.com/ more from Insider
November 24th, 2014 2:16 pm
Courtesy of Sabrient Systems and Gradient Analytics
With warmer weather arriving to melt the early snowfall across much of the country, investors seem to be catching a severe case of holiday fever and positioning themselves for the seasonally bullish time of the year. And to give an added boost, both Europe and Asia provided more fuel for the bull’s fire last week with stimulus announcements, particularly China’s interest rate cut. Yes, all systems are go for U.S. equities as there really is no other game in town. But nothing goes up in a straight line, not even during the holidays, so a near-term market pullback would be a healthy way to prevent a steeper correction in January.
In this weekly update, I give my view of the current market environment, offer a technical analysis of the S&P 500 chart, review our weekly fundamentals-based Sector...
more from Sabrient
November 24th, 2014 1:03 pmBitcoin Mining
Courtesy of Global Economic Intersection
By Rod Garratt and Rosa Hayes - Liberty Street Economics, Federal Reserve Bank of New York
In June 2014, the mining pool Ghash.IO briefly controlled more than half of all mining power in the Bitcoin network, awakening fears that it might attempt to manipulate the blockchain, the public record of all Bitcoin transactions. Alarming headlines splattered the blogosphere. But should members of the Bitcoin community be worried?
Miners are members of the Bitcoin community who engage in a proce...
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November 24th, 2014 4:32 am
Reminder: OpTrader is available to chat with Members, comments are found below each post.
This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).
We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options.
Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.
To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...
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November 23rd, 2014 1:52 am
Newsletter writers are available to chat with Members regarding topics presented in SWW, comments are found below each post.
Here's the Happy Thanksgiving Edition of Stock World Weekly!
Picture via Pixabay....
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November 22nd, 2014 2:03 pm
Click here for Thursday's post where I was thinking about buying EZCH. After further reading, I decided to add it to the virtual portfolio and to sell IGT and several other stocks, which we'll be saying goodbye to next week.
more from Paul
November 5th, 2014 10:08 pmYamana Gold call options sink
By Andrew Wilkinson at Interactive Brokers
A four-year low for the spot price of gold has had a devastating impact on Yamana Gold (Ticker: AUY), with shares in the name down at the lowest price in six years. Some option traders were especially keen to sell premium and appear to see few signs of a lasting rebound within the next five months. The price of gold suffered again Wednesday as the dollar strengthened and stock prices advanced. The post price of gold fell to $1145 adding further pain to share prices of gold miners. Shares in Yamana Gold tumbled to $3.62 and the lowest price since 2008 as call option sellers used the April expiration contract to write premium at the $5.00 strike. That strike is now 38% above the price of the stock. Premium writers took in around 16-cents per contract o...
more from Caitlin
October 30th, 2014 4:56 pm
more from Promotions
June 3rd, 2014 3:37 pm
Reminder: Pharmboy is available to chat with Members, comments are found below each post.
Well PSW Subscribers....I am still here, barely. From my last post a few months ago to now, nothing has changed much, but there are a few bargins out there that as investors, should be put on the watch list (again) and if so desired....buy a small amount.
First, the media is on a tear against biotechs/pharma, ripping companies for their drug prices. Gilead's HepC drug, Sovaldi, is priced at $84K for the 12-week treatment. Pundits were screaming bloody murder that it was a total rip off, but when one investigates the other drugs out there, and the consequences of not taking Sovaldi vs. another drug combinations, then things become clearer. For instance, Olysio (JNJ) is about $66,000 for a 12-week treatment, but is approved for fewer types of patients AND...
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May 22nd, 2014 5:03 pm
"Hello PSW Members –
This is a non-trading topic, but I wanted to post it during trading hours so as many eyes can see it as possible. Feel free to contact me directly at email@example.com with any questions.
Last fall there was some discussion on the PSW board regarding setting up a YouCaring donation page for a PSW member, Shadowfax. Since then, we have been looking into ways to help get him additional medical services and to pay down his medical debts. After following those leads, we are ready to move ahead with the YouCaring site. (Link is posted below.) Any help you can give will be greatly appreciated; not only to help aid in his medical bill debt, but to also show what a great community this group is.
Thank you for you time!
Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...