Watchlist for August 2, 2006

Of course we can’t go the same direction two days in a row, especially during earnings season. The supposed reason for this morning’s strength is the lack of any bad economic numbers combined with some good earnings reports. Will it be enough do get us through Friday’s highs? I doubt it, but you never know… [...]

August 1, 2006 Stock Market Recap

Unfortunately I can’t upload graphics at the moment due to the ongoing issues with my web hosting firm. So I’m going to crank this out real quick without charts while I can at least do that… It’s looking like the low volume on last week’s rally really was problematic. The S&P 500 and Dow fell [...]

Site Outages…

Sorry about the site being down so often these last few weeks. My hosting firm continues to have issues for the third week in a row. I thought that Mercury coming out of retrograde would have alleviated the issues… Businesses, travels and communications tend to experience delays and different problems. Computers and other processes that [...]

Watchlist for August 1, 2006

Looks like the indices are going to open under yesterdays lows. I’m on the hunt for some of the recent dead cat bounces (like YHOO) to short today. I wonder if *they* will rush into the blackout stocks today since power shortages are all over in the news. Garmin got hit with a sell rating [...]