Visa & MasterCard Lead Markets
This morning, Visa Inc (NYSE:V) and MasterCard Inc (NYSE:MA) are surging sharply higher. The catalyst for the rally in these two leading stocks is strong reaction... Read »
Facebook IPO Looking Smaller Already
Greedy financial advisors love to gouge their clients by pushing some hot new thing. The hot new thing in the 1990s was an Internet company going IPO. Everything... Read »
Jobless Claims Boost Futures Ahead of Big Jobs Report
US stock futures are have turned slightly higher Thursday morning following another drop in weekly jobless claims. The S&P continues to build nicely above the... Read »
Banks Lead Market Advance
The S&P gapped up and extended, hitting 1326 this morning. 1333 is the January high. Today’s rally has been lead by the banks, we’ve talked lately a lot... Read »
Have Homebuilder Stocks Bounced Too Far?
Looking at homebuilder stocks, you would think the good times are back. Since the lows of last year, they’ve rallied hard in anticipation of a big rebound in sales... Read »
Gold Miners Look Tired – GDX, GOLD, RGLD, GG
All of the leading gold mining stocks have surged higher over the past week. The popular Market Vectors Gold Miners ETF (NYSE:GDX) has rallied higher by over $6.00... Read »
Gasoline Nears Six Month Highs, Here Is The Reason
Nearly everyday we hear about the problems in the Middle East with Iran. While there could be conflict with the oil producing nation; it is important to realize... Read »
S&P500 Up 4.36% in January
Interesting couple of charts on the S&P500. The top shows the narrowing upward channel in which the index has traded since the beginning of the year relative... Read »
Netflix (NFLX) Red Dog Reversal
Netflix (NFLX) has had shorts on the ropes ever since Q4 earnings, surging as high as 36% in the days after the report. In highly shorted stocks like NFLX, these... Read »
Options Activity Alert: BP, RSH, FTI, MYGN
BP – BP PLC – Far out-of-the-money call options on BP saw heavier-than-usual activity on Tuesday afternoon, with shares in the oil company trading up 1.3%... Read »






