Great game last night. All I can say for Pat fans (like me) is what Jimmy Johnson said; his Miami team (college) went undefeated (1986) but lost to Penn State in the Fiesta. Painful, because he thought it the best college team ever. The next year (1987) they went undefeated and won the national championship. Knowing the Patriots, this is what I expect. Same goes for the Market, except I'm expecting a test of the lows by Valentines day after a move to 2500 on the Naz. Right now, the Market is weak. But, China was up 8%.
1) IBD movers on volume? ISYS, NVEC, SCSC, JRJC, ICFI, BUCY, JOYG, CTCM, MA, ISRG, CTRP, BIDU, KWK, SOLF, SINA, POT, MTL, WBD, CHL and SI...conclusions? Chinese stocks are strong.
2) Earnings beats? HUM. BEAV too but guides lower.
3) Financials downgraded and Airlines upgraded. Financials, Retail and Homebuilders are weak. The Shorts strike back!
4) Gold/Silver are weak. Expect a substantial pullback here. But, Platinum and Palladium are strong.
5) Cramer? Like GU. I like GU.
6) Barron's? Likes DYN. I like DYN.
7) GOOG? GOOG is the market. GS doesn't like it anymore. Soon, this stock will be the buy of the century imo. If the don't buy YHOO that is.
8) Takeouts? SGTL for $3/share.
9) Little Gals? CPSL, PDC, SEED and SILC
10) Other goog stocks? GHM, ACH, LFC, SWC (Jher!) and STV
11) UST - MO to take them out?
12) Trade of day? YGE on a back off.
Great call on YGE and STV. Is it time to get into STV?
That game was awesome. Methinks the best Super Bowl yet and I have seen them all.
Taking the Giants and 12 was a no brainer. Whoever made them 12 point favorites was nuts. I was rooting for the Pats cause I love to see history made and 19-0 would have stood for many years!
The Chinese stocks are moving because the Chinese Government will "pump" the Economy now because of the snowstorms, etc. Also, they have the Olympics coming up this summer. They need to start pumping rather than restricting. I'd start moving into your favorite Chinese stocks soon. Technically, STV broke a downtrend line so now is the time to look at this stock if you like it.
Anybody besides me think it was 'bush' of Belichick to exit the fleld the way he did.? Before time ran out and before they ran the last play? He did congratulate the Giants but he sure tucked his tail and ran. Dungee would not have done that.
Yea, I was displeased with Belichick because he didn't wear his lucky gray sweattop. I would have fined him for dat if I were Kraft. lol.
Anyway, Dungee would have lost by a wider margin is all. But, he would dank God anyway. Belichick ain't thankin' God right now. Dats da difference.
The Manning brothers in the Super Bowl would be a GOOG story. Free agency may decide.
Don't know if you saw those two vixens, VIX and VXN both had throwbacks into their triangles. Which way from here?
Manning dis,Manning dat,Tony Romo,Arlen Spectator, ten minuts of fame,da monday mourning sport casters callin it rite....Jst like someone on dis board dat has a 97% record,1/2 of da time.I'ts over,lets go back to McCan Obamba and Pillary, ya know...impotent stuff.
I try to use the whole bodies of the candles when drawing lines. But, basically, I see a tweezer top on the $VIX and I'd expect a move to the bottom of your channel line which would get me to my NAZ 2500 price area (short term ABC up already confirmed by volume). Then, I'd expect a move to test the recent lows by Valentines day so that would imply a move back up for the $VIX.
That's my playbook and I'm sticking to it unless I'm down big in the 4th quarter. Then, I'll use the hurry-up offense. lol.
Darth, another interesting note. Miami went 17-0 in 1972-73 season, winning Superbowl VII. How did they do in the previous year? They were routed by Dallas in the Superbowl VI, 24-3. Yes, the Patriots will be motivated.
GES we need that silicon after all, lol. FYI, thinning from 200u to 180u will increase breakage for sure. Mounting will be more difficult. Need good vertical integration, like AKNS, CISQ, and SPWR to get the job done. Nice pin action on LDK, expect WFR to follow. Looking for MOT pin action on BIIB. Darth, who downgraded financials? C? lol
UBS came out negative on DFS, AXP and COF.
MS upgraded the airline sector to in line from cautious. C downgraded certain retailers (AEO, CHS, GPS, HOTT and TLB) since they "feel" a recession coming as does UBS.
Baird downgraded STI and CMA.
Stifel downgraded MI, STI, USB, WFC and NYB.
However, Punk Ziegel did upgrade the Investment Bankers (i.e., GS, BSC, MER and LEH).
Here's my 6-month daily chart for both Bulls & Bears.
Bulls: Signs of strength in October and January on earnings news. This leads me to believe the stock is going higher. A 1:1 ABC up will be confirmed to 88 if we punch through 79 on more than 13 million shares. Need a goog market for this. I expect this after mid February.
Bears: Possible H&S top if 79 cannot be breeched. You would short on a move below 59.35, with a consequent re-test. I don't expect this but stranger things have happened to this stock. After all, she's a red head.
Conclusion? You've gots to have conviction to love WFR. Do you?
goog can not buy yahoo. Regulators will never allow this to happened. I think this is just a scheme to drain more money from Msoft. Bottom line is if yahoos from yahoo are to dumb to realize that goog is not their friend and go along with goog game , they'll lose big time.
If softy pulls down the offer they are toast . They'll bleed down slowly but surely , goog will basically put them out of business.