Category Archives: Stocks

Stock opinion and trends

Market Top?

According to CNBC, Goldman Sachs just said something like right now is a once in a generation opportunity to buy stocks. Thats good enough for me. I bought puts on PCLN and GOOG. When Goldman says buy, I sell. Just like when … Continue reading

Posted in Stocks | Tagged , | Comments Off on Market Top?

What is the stock market telling us?

What are we to believe? The fact that the stock market has broken above some key technicals levels can’t be ignored. Does the market know something we don’t know yet? Can we even trust the technicals anymore? Is there market … Continue reading

Posted in Economy, Stocks | Comments Off on What is the stock market telling us?

Stock Market At A Major Level

This low volume melt up looks very tired to me. The s&p at 1320-1330 is about as high as it will go in the short run in my opinion. So, here are a few scenarios I see could happen. 1) … Continue reading

Posted in options, Stocks | Tagged , , | Comments Off on Stock Market At A Major Level

Stock Market Meltdown

If you look at my past posts on the economy and stock market, you will see that this market crash in the last 9 days is not a surprise to me.  Just look down this page to my post back … Continue reading

Posted in Predictions, Stocks | Tagged , , | Comments Off on Stock Market Meltdown

Netflix – In Your Facebook

Sorry Netflix, as predicted, Facebook is now getting in the movie business. Netflix reached a high of $240 about a month ago and has been on a down trend today dropping to $199. This stock will be cut in half … Continue reading

Posted in Entertainment, Stocks | Comments Off on Netflix – In Your Facebook

BUY BAC ? – BANK OF AMERICA

Today, BAC is close to crossing a major point in it’s long down trend from $88 back in 2004 down to its current price of $14.86. Crossing this point will catch many people off guard and we could see Bank of America … Continue reading

Posted in Stocks | Tagged , , | Comments Off on BUY BAC ? – BANK OF AMERICA

Market Melt Up

The market is supposed to be smarter than the rest of us right? So what is it telling us by this huge gain over the last 6 months without a single significant pullback? Here are some thoughts. In March 2009, the … Continue reading

Posted in Economy, Stocks | Tagged , , | Comments Off on Market Melt Up

AMZN Down Again

Even with the stock market up today, Amazon – AMZN is down again. The stock has dropped about $15 in the last 5 days down from $191 on the 18th to $175 today. Look for support on this stock around … Continue reading

Posted in options, Stocks | Tagged , , | Comments Off on AMZN Down Again

Gold Down Big – Stock Market Will Be Next

Gold is down $30 today to about $1350. This is the second big drop in the last few weeks and a sign to me that the stock market is ready to fall. I thought the market was due to drop … Continue reading

Posted in Stocks | Tagged , | Comments Off on Gold Down Big – Stock Market Will Be Next

Overpriced Stocks for 2011

I have started a new site for my passion of overpriced stocks. If you are interested in following my opinion on these bubble stocks, visit www.OverpricedStocks.net and you will see my picks for 2011. These overvalued stocks will drop big … Continue reading

Posted in options, Stocks | Tagged | Comments Off on Overpriced Stocks for 2011