EOT Update
EOT Position Update – May 26, 2010
May 26, 2010 Market Snapshot This week brought more of the same with a few surprises. The same bad news in Europe continues to weigh on investors. It has everyone concerned a slowdown in European economic growth will hurt the worldwide recovery. It has Chinese officials concerned enough to change their focus from containing speculative […]
EOT Position Update – May 19, 2010
May 19, 2010 Market Snapshot How are the markets? To sum it up in one word… VOLATILE. Cyclical stocks led the markets higher for more than a year. But after three weeks of volatility and selling, their uptrends are in jeopardy. Take a look at this chart of the S&P 500. You can see it has […]
EOT Position Update – May 12, 2010
May 12, 2010 ***Editor’s Note*** Watch for a new trade in the next 48 hours. Market Snapshot What a wild week on Wall Street. The mini-crash last Thursday played havoc with the option markets. The bid-ask spread on many options became so wide, option traders didn’t even have a chance to profit from the chaos. Market […]
EOT Position Update – May 5, 2010
May 5, 2010 Market Snapshot It’s been a wild week on Wall Street. And for that matter… just about every other market around the world. There are undercurrents of good and bad news stirring things up quite a bit. First, the bad… Oh Europe, you’re really making a mess of things. The sovereign debt problems […]
EOT Position Update – April 28, 2010
April 28, 2010 Market Snapshot Earnings season is rolling along. We’re seeing companies big and small alike beat analyst estimates. That’s a great sign the economic recovery’s ahead of schedule. However, any good vibes being generated by strong earnings are being offset by a series of downgrades on the sovereign debt of Greece, Portugal, and now Spain. […]
EOT Position Update – April 21, 2010
April 21, 2010 Editor’s Note: Keep an eye out for a trade in the next 48 hours. Market Snapshot The relative calm of the markets the last few weeks was shattered in an instant Friday. News of a SEC civil lawsuit against Goldman Sachs (GS) sent the major averages down sharply. If the allegations of fraud are true, […]
EOT Position Update – April 14, 2010
April 14, 2010 Market Snapshot The markets shifted into high gear today. It’s truly amazing to watch… The Dow shot up over 100 points to finish above 11,000 for the first time since September 2008. The S&P 500 blew through the 1200 level today too. And, NASDAQ finished the day up 1.5%, the biggest percentage […]
EOT Position Update – April 7, 2010
April 7, 2010 Market Snapshot The stock market continues its unbelievable run. It seems like the S&P 500, NASDAQ, and the Dow are all hitting new 52-week highs on a daily basis. Not wanting to be left out of the party, small and mid-cap stocks are also hitting new highs. In fact, the small and […]
EOT Position Update – March 31, 2010
March 31, 2010 Market Snapshot The impressive advance over the last seven weeks has sent the major averages to new 52-week highs. But this holiday shortened week has seen the markets drifting sideways. And it’s doing it on below average volume. The bottom line is, I wouldn’t read too much into the market movements this […]
EOT Position Update – March 24, 2010
March 24, 2010 Market Snapshot The market continued “climbing a wall of worry” this week. The three major large cap indices have basically moved straight up along with the small and mid-caps for the last seven weeks. The rally has sent all of them to new 52-week highs during the last week. Despite the impressive […]
