I’ve been waiting for this oversold bounce we’ve been in over the last two weeks to peter out. My expectation was that the longer term trends would overpower the short term trend and flip it back to down. At first glance I thought that may have started today but the low volume makes me think [...]
Posted by 4 February 2008
Watchlist for February 4, 2008
It’s pretty quiet out there today and that’s shown by the relatively flat futures. I wonder if folks are physically and mentally back from the Super Bowl… I know I’m not. On Today’s Calendar: 10:00 — Factory Orders More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic Potential swing trades:
Posted by 1 February 2008
Watchlist for February 1, 2008
What a morning this has been already. First the Microsoft bid for Yahoo sent the futures into orbit and even lifted GOOG 20 points off it’s post-earnings lows. Then the Payroll Report brought the market back to where it started. I don’t know which way things will be resolved today but it should be a [...]
