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While watching CNBC after the nonfarm payrolls report, I noticed a change of attitude towards a weak market from the weak market at the start of September. This time, I heard that people were viewing weakness as a buying opportunity. They were not forecasting further weakness or fear of a...

Since March, for over 6 months, every dip of 4 to 5% have been great places to buy for eventual new highs. Those who have sold weakness have been battered. But this time, we've had more complacency with the selloff, everyone already saying this is a buying opportunity. The action on...

Unreal strength in this market. I figured a large gap down after all the gains the past week on a Monday would bring out the sellers but the dip buyers came right in on a 10 point dip and bought like madmen. The pullbacks are so brief that if you don't buy on the slightest pullback, you have...

Very true. Tough to fight Banana Ben here. He's shooting dollars with reckless abandon. They are finding their way into the stock market, just ride the wave. The rally is not gonna stop until Banana Ben gets fired or oil hits $300/barrel and mass hysteria and public revolt ensues over...

Split adjusted, AIG was at $425 on Aug 29, 2008. 1 year later, it is trading at $48. Does this sound like an inflated stock? AIG has absolutely been killed, the stock had a 1 to 20 reverse split, otherwise this stock would be trading under $2.50 right now. Would traders be so eager to...

Yeah, the CEO seems to be confident that they can pay back the government and become profitable, it is definitely speculation but AIG does have a sizable business not involved in CDS or insuring the financial markets.

The number of stocks above their 200 day moving average and the amount above their 200 day moving average is breathtaking. The rise has been relentless. But what baffles me is that I would expect there to be fewer cries for a correction in the face of 5 months of relentless upside. The...

The green shoots is a bunch of sell side BS from CNBC and the business networks to try to pump the market. I agree, inflation is driving this rally, or to put it more bluntly, blatant money printing. That is why oil and gold are going up right along with stocks, if not more than stocks...

The stock market and the economy are two different animals. The stock market is basically a casino with bets being placed by various players, mainly institutions, hedge funds, retail... The chips in play are controlled by a large extent by the Fed. They are putting more chips in play...

The S&P has broken above the 200 day moving average at around 930, breaking out of the month long trading range between 875 and 925. That is on top of the market breaking out of the 825 to 875 trading range in early May. Now in early June we are breaking out again. Yet there are a lot of...

Its pretty simple, you increase the supply of money without a proportionate increase in the amount/value of goods produced and you get inflation. In the short term, the velocity of money will cause distortions in that relationship, but in the long term, the relationship holds. The only...

If you are trading volatile small caps using stops, you either set them really wide or not use them and trade smaller to make up for the added risk. Personally, I think stops are for pussies or for those too lazy to keep track of the price action. And I don't mean that you should never cut...

There is a huge difference between a stock that is being traded emotionally with big moves and a futures market that is being traded rationally with small moves. The more emotional and volatile the trading action, the easier it is to game. That is from my experience. And if the volatility is...

In my experience, the manipulation actually makes it easier to play these stocks, if they manipulate it too high, you short and wait, if they manipulate it too low, you buy and wait. If you are willing to be flexible and go both long and short, and also be willing to hold on to these stocks for...

Look for stocks that are trading unusual volume, big price gains or losses and whittle it down to a few that have had moves that seem unsustainable, or moves that seem to have a lot of momentum. Most decent streaming quotes software will have a list of the biggest movers, unusual volume...

Ranking the various financial instruments for difficulty in forecasting moves and trading the swings, stocks are the easiest, because they are the least efficient. The most efficient and liquid market is the FX market, and IMO, it is the hardest to predict. FX and futures seem more...

Here are a few things to think about when viewing the markets over the past few months: 1) Markets tend to churn at the top end of a trading range when investors are eager to buy a pullback but unwilling to buy at current prices. 2) Markets accelerate to the upside during uptrends when...

Did people actually expect Tiny Tim Geithner to actually have any backbone and put down the rule of law and get these backs on the road to real solvency? That was the fear on Wall Street and obviously unfounded. Of course the Feds will softball the stress test and mete out tiny amounts of...

He's got the MBS market cornered, and he's going to corner the Treasury market. Next comes corporates and then junk bonds, sprinkle in ABS and muni's, I'm sure he'll buy up all the issues coming out of California. Then the big finale will be stocks. A giant ponzi scheme is brewing as the...

No, people are not expecting October and November like moves, because they haven't happened lately. I don't get easily scared, but back in October/November, I was scared about a Black Monday like scenario happening at anytime. Those days had 60-80 handle intraday ranges, now the intraday...