Posted: February 16th, 2010 at 4:06 pm EST
Sometimes stock prices make sense. Other times, hysteria and wild speculation takes over, and sends stock prices well above or below reason. In all cases of the latter though, eventually, the valuations are brought into line.
I suspect that was the case over the last month or so with aerospace and defense stocks. Prior to unveiling [...]
Posted: February 9th, 2010 at 11:56 pm EST
Though I still contend there’s more downside to play out before the ultimate bottom is hit, I’m starting to see more than a few interesting stocks pop up for technical-strength reasons. We’re going to add the two most interesting ones to the watchlist…. LCA-Vision Inc., and Insight Enterprises, Inc. Here’s a quick look at both.
Insight [...]
Posted: February 4th, 2010 at 12:01 pm EST
The support lines are being knocked down, slowly but surely. No index has been spared, suggesting there’s nowhere to hide…. this is a full-blown correction.
To really make this point (and to offer some perspective) I’ve plotted the Dow, the S&P 500, and the NASDAQ Composite on the chart below. I’ve also added two sets of [...]
Posted: February 2nd, 2010 at 4:13 pm EST
I’ve actually got two completely distinctive sets of images to look at today, though both should prove equally interesting to investors. The first set is a combination of two graphics that are telling us what’s going on within the world of handset (wireless) phones – including Apple’s (AAPL) contribution to cause. The second set is [...]
Click here to read more!Posted: January 27th, 2010 at 1:35 am EST
Just a quick note about Tuesday’s action and what Wednesday likely holds…
In short, no surprises. The bulls, sympathetic bargain hunters, were active early in the day, but when push came to shove (i.e. when the buyers had to commit to those stocks overnight), the dip into the red late in the day said these buyers [...]
Posted: January 23rd, 2010 at 4:40 pm EST
In the ongoing effort to provide information and perspective you won’t get anywhere else, today I’m going to serve up something I know the mainstream media hasn’t passed along (and definitely not in this format). We’re going to take a look at the earnings – historical and future – for the S&P 600 Small Cap [...]
Click here to read more!Posted: January 15th, 2010 at 6:11 pm EST
What a week! The S&P 500 fell 1.08% on Friday to lead the market to a loss of about 0.8% from the prior week’s closing levels. While I’d live to say the worst is over, the realist in me has to be, well realistic. That’s not meant to sound alarmist – it just suggests it [...]
Click here to read more!Posted: January 12th, 2010 at 4:18 pm EST
Before jumping to any conclusions about today (like whether or not it’s the beginning of the end, or if it’s nothing but a motivation to go “all in” tomorrow), I want to show you a chart that should offer up some perspective.
Readers who’ve been around for a while will know our strategy is longer-term in [...]
Posted: January 11th, 2010 at 4:29 pm EST
Though they still aren’t the final scores for 2009, I think we can reasonably start to grade how well the stocks in each market cap category (small, mid, large) did last year. More importantly, we can compare that to how they’re expected to do next year.
With that in mind, and based on Standard & Poor’s [...]
Posted: January 9th, 2010 at 10:11 am EST
While it’s not the only economic indicator out there worth watching (heck, it’s not even an economic indicator), I’ve become a big fan of following the Conference Board’s consumer confidence figure. It’s hardly a scientific piece of data – it’s just an opinion poll taken by consumers. Yet, I’ve found the data to be stunningly [...]
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