12 May
Posted by admin as Economics, Fixed Income, Forex, Futures, Market News, Options, Stocks, Trading Ideas
Alan Brochstein, CFA submits:
Since mid-March, I have been pegging the peak of the rally at 860-920 on the S&P 500. While the high close was about as close to 920 as one can get (919.53), the market briefly traded above my "line in the sand" yesterday and even again in the pre-market this [...]
12 May
Posted by admin as Economics, Fixed Income, Forex, Futures, Market News, Options, Stocks, Trading Ideas
Chris Fernandez submits:
Rick’s Cabaret: Time To Buy
Rick’s Cabaret International (NASDAQ: RICK): Rick’s stock has been on an absolute tear in the last 1-2 months, more than tripling in price from a low of .50, to .50 before Thursday’s pull back.
I have been watching the trends at Rick’s as well as the chart and volume patterns, [...]
12 May
Posted by admin as Economics, Fixed Income, Forex, Futures, Market News, Options, Stocks, Trading Ideas
An analysis of China Sky One Medical, Inc.’s (CSKI) inventory reporting, as well as certain customer and supplier disclosures, raises serious questions about the accuracy of its reported sales and earnings.
Reports previously issued by asensio.com revealed discrepancies in China Sky’s stated EPS, gross margins and average sales prices, along with concerns about its corporate governance [...]
12 May
Posted by admin as Economics, Fixed Income, Forex, Futures, Market News, Options, Stocks, Trading Ideas
Zachary Scheidt submits:
Shares of Chipotle Mexican Grill, Inc. (CMG) have risen sharply in the last two quarters. And why not? The company continues to roll out new stores and has managed to grow profitability even in one of the worst economic periods in modern history. Commodity prices that had once hampered [...]
12 May
Posted by admin as Economics, Fixed Income, Forex, Futures, Market News, Options, Stocks, Trading Ideas
Trader Mark submits:
I need to start thinking in complete inverse here, if only I had been long Capital One Financial (COF) - the stock gapped up another 20%. I said facetiously, if not , why not ? So I suppose if not why not ? Every I am going to add a bigger [...]
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