Euro like a bad marriage that's too expensive to leave
I've been struggling with a metaphor to describe the state of affairs in Europe. I've got it now. It's a bad marriage . All parties now realize they'd be better off ending it except they can't…
HAL, Halliburton revisit. Stock looks very undervalued
After re-doing the valuation on Halliburton and refining the inputs to the DCF model, the stock looks like it has even more potential upside with a new intrinsic value of $63.24, representing a 117%…
Headline risk seems to overload indicators
As a trader, I look at charts to try and understand crowd behavior. The headlines make me want to sell everything and hide under a rock until this euro mess is sorted out once and for all. When I…
Soros says Europe has three months to avoid catastrophe
I don't pretend to know what's going to happen but I've said many times, the world would be much better off without the euro. For reasons beyond my comprehension, the Europeans seem hell bent on…
Sobering World Stock Charts from Yardeni Research
Just how bad is it out there? Check out this blog site's download of stock market performance around the world. You'll probably be surprised at which market is doing the best and not so surprised…
FOSL, Fossil scores 5 on our checklist
CHART- know how to read charts. I firmly believe I can improve the price of buying or selling from an understanding of chart action. Continues to stabilize after recent pullback and could be poised…
RRTS, Roadrunner Transportation Systems socres 7 on the checklist
CHART- know how to read charts. I firmly believe I can improve the price of buying or selling from an understanding of chart action. No trends defined. Looked as though it was poised for a rebound…
Technical Rally
My indicators are showing bullish divergence on all of the major future markets. We could have a very tradable rally here in spite of the ugly headlines. As is always the case, how much is being…