I believe oil will go higher from here. I have no experience with corn futures so I cant make an accurate prediction.
I would like to make a good swing play in VSE and/or PEIX. Most likely VSE as it appears to be fundamentally better and more ripe to go higher then PEIX. The question...
These ethanol stocks are proving themselves to be a nightmare for investors, but great for traders. PEIX made a nice little roundtrip in the last year from the teens to the 40s then back to the teens. Bill Gates said he was getting into PEIX back in the spring. I can only wonder if thats...
As for real estate, I like to use the "Starbucks" factor. If the customers at Starbucks are talking real estate up then the price must be going up...when they either stop talking about it or talk negatively about it then we have problems.
Public sentiment is the key to real estate. . .
I think trading is not a business to you. Instead, its more of a philosophy, ideal and way of life.
When a business closes its doors for the day, the employees and managers go home. Even the owners will go home at some point leaving the business behind.
So what do you do when the...
The same conditions exist today that existed in 1987.
The economy seemed very strong and it appeared that we just avoided a big recession. The market seemed very strong and the sentiment was very bullish.
Then it happened...Hong Kong was wiped out and then it started from there with...
Im going to make a call on this one. There are some magic numbers when it will be good to buy this one.
The TNX has to get to 5 and above. The margin debt numbers need to get to 24% year over year change. Actually, I believe we are already there with the margin debt...
The transportation index is the heart of technical analysis. Technical analysis is partly based upon the theories of Charles Dow. In the Dow Theory, there are 3 parts and when the transports start diverging then you know your in the third part.
While you wont use this in intraday trading...
This is the master chart. Rates are bouncing off the bottom line. So a rough look at this chart tells me that the 10 year may be at 5.5 by May if the channel stays intact.
A look at the Gold chart tells me that there is an uptrend that started in October and a new upwards channel forming...
No.
When I say "truckers", I mean the truck driving companies in general.
The truckers transport goods that people buy, building material that is used for houses, gasoline for stations, etc. The less demand for all these items thus the less need for the trucks. If these items are not...
They didnt close the markets for Gerald Ford. They really closed it for James Brown who did more for the markets and economy then Ford ever did.
Where would the markets be without James Brown and his huge contribution to society? Ford, on the other hand, was an administrative stand-in of...
P.S.- The float is smaller (21 million shares) on ABFS and 3 million shares shorted, 500k volume a day. It appears there is a lot of naked shorting going on too. If history proves correct, they should be covering very soon. It also has a 1.6% dividend which makes it a little more attractive.
Its a joke. Siri has earned the right to be a penny stock however. Its a total disappointment. That guy Mel may be a hit in the radio industry, but as for a businessman, it seems like he could do a lot better.
I have been working hard to try to make you some mad money. Whoops. Sorry, I've been watching CNBC too much....
I've been doing some research and found the only value plays in the market right now. Its the trucking sector. Now let me splain...
The 2001 recession was from March 2001...
The charts tell one story, the people on CNBC tell another. . .sometimes I believe that CNBC can see the reversal coming. Maybe they are helping certain funds/institutions exit out of their positions just before the reversal so they pump a certain ideal. I dont see anyone on CNBC getting up to...
No, no, no. Its not ok for men to cry and here is why.
I watched this movie U-571 with Bon Jovi a while back where he is the first mate of a World War II sub and was complaining to the Captain about a bad performance review. The Captain replied back in a fancy way that he was not material...
One has to come to the realization that what works in the United States may not work elsewhere in the world. To impose US culture and government on other countries is wrong and will only land the Americans in greater trouble.
In Great Britain, its guilty until proven innocent, where as in...