Potash Is Testing Resistance Of 25

January 8, 2010 by  

Potash (POT) moved out of its’ previous channel for a nice gain of over $12. Note the ascending triangle.   Today we see it  attempting to move beyond previous resistance of 25.

A Little Stock Market Humor

January 7, 2010 by  

Humor and play is essential  to successful trading. It keeps us in the game.

“One of the funny things about the stock market is that every time one person buys, another sells. and both think they are astute.”

William Feather

The “January Effect”

January 6, 2010 by  

The first month of the year is traditionally profitable. The so called, ” January Effect” has been a loosely used term to describe the buying  pattern of January as an indicator of the performance of the rest of the year.  Read more

Fortune Magazine Lists Top 10 Stocks for 2010

January 4, 2010 by  

Fortune magazine has listed the top 10 stocks they feel will do well in this coming year.Some of them we are familiar with such as MasterCard (MA) and Baxter (BAX). Read more

The Potential For An Exciting New Year.

January 3, 2010 by  

It has been snowing heavily  here for 3 days with  no end in sight. The  pristine beauty inspires a roaring fire, hot soup and a nap. Read more

Let It Go and Come Back Refreshed.

December 21, 2009 by  

As I prepare to leave on Holiday I am switching gears and  putting all things trading aside.  Enjoying  the wonders of nature is my focus for the next  few weeks.  Read more

GLD-Gold ETF

December 16, 2009 by  

For the past 5 days, GLD has tested support of 110. Today it moved up $1.38 with a closing price of 111.59. It has triggered and confirmed long.

Exxon Mobile Buys XTO

December 14, 2009 by  

The news was released today that Exxon Mobile will buy  XTO Energy Inc., one of the leading oil and gas companies.   XTO  gapped up $7.02 at the open in response to the news.  It is important to note  that it is generally the company being bought that moves on the news  not the company doing the buying.

Testimonial on FFIV trade

December 11, 2009 by  

This morning I recieved this testimonial from Gary W. who completed the class last month.

Bought FFIV Jan 45 call on 12/2.

Eight days later.

Stock up 5.31%
Option up 43.24%

Great job! Gary

RIMM

December 10, 2009 by  

RIMM moved out of its’ channel,  broke through 62 resistance and realized a  $4 gain in two days.  Now sitting at 65 resistance.

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