COH has quite a chart for the last year: The stock went from 50 to 80 and back to 50 over the last year. The puke shot on Jul 31st after earnings was …
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The S&P 500 index has traded in a tight range over the past 17 trading days (since August 7th), staying between 1394 and 1427 for the entire period. That is the tightest trading range for …
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The S&P 500 has spent the last 13 days trading above the 1400 level, the longest stretch since the winter of 2007. There was much talk of a bullish breakout earlier this week when the …
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Dan, CC, and I are all of a contrarian bent. Many years of experience trading has taught all of us to be skeptical of the easy trade, of joining the crowd when everyone is feeling …
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The SPX closed a few points from a new closing high, and has a new high well in its sights at this point. Though I have not posted any of my many risk-on / risk-off …
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The SPX index closed above 1400 for the 3rd straight day this week, but it continues to be on lighter and lighter volume. Sellers have returned to other markets today (namely commodities and currencies markets), …
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Yesterday was the lowest volume full day of the year (only lower volume day was July 3rd, which was a half day before July 4th). I’m not sure how much information that factoid holds for …
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Friday’s move to almost 3 month highs in the SPX was certainly unexpected for me. I had built up an array of August put and put spread positions in anticipation of move to test the …
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Lord save us all from a hope tree that has lost the faculty of putting out blossoms. Mark Twain Hope is a strong emotion. And this market is levitating on hope. As I said …
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The market basically treaded water again yesterday, on low volume and a tight intraday range. Overnight action was not much different, as Asia closed mixed and Europe is currently flat. SPX futures are indicated up …
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