Posted by 9 July 2007

Watchlist for July 9, 2007

It looks like a mixed open today with the Nasdaq flat to slightly down and the S&P set to gap up a bit. The Nasdaq and QQQQ are extended, as evidenced by them walking up their upper Bollinger Bands last week, so a rest for them shouldn’t be surprising. On Today’s Calendar: 3:00 — Consumer [...]

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Posted by 5 July 2007

A Look at DealerTrack’s Chart

Here’s a weekly chart of DealerTrack Holdings, Inc. (TRAK), which is WallStrip’s stock for the day. The stock has nearly doubled over the last 12 months or so. Like many stocks at or near all-time highs, there’s really not a whole lot to say about the chart. Hopefully people are already in and are just [...]

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Posted by 5 July 2007

Chart Request: Fuel Tech Inc. (FTEK)

Here’s a chart of Fuel Tech Inc. (FTEK) for Jeff. FTEK has had a huge run over the last few years. It’s up about 650% since 2005 so anybody who’s been in it for more than a minute is doing quite well. It broke out to new all-time highs last month on news of a [...]

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Posted by 3 July 2007

Short Sale Tick Test Rule (Uptick Rule) Ends Thursday, July 5, 2007

In case you missed the link I posted mid-June, you’ll no longer have to wait for an uptick in order to short a stock. (Not that anybody would be shorting in this market!) Here’s a note my broker just sent out: The SEC has voted to remove the “short sale tick test”, Rule 17 CFR [...]

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