Posted on March 23, 2009 by Adam
I don’t know about you guys, but I tore the freaking cover off the ball today.
Yeah, yeah, the market is up 5.5%. My account is up 21% today.
I know I’m bragging, but I deserve it after getting knocked around for three weeks straight last month.
The big breadwinners today? HES and RIMM.
Copied and pasted from my [...]
Posted on March 16, 2009 by Adam
Hello everyone, and welcome back from what I hope was an enjoyable weekend.
Part of what I try to do on this site is to provide some clarity and ideas for those of us who are trying to make sense of what the market is doing. I know it’s been a tough few weeks, but I [...]
Posted on March 12, 2009 by Adam
Arbitrage is the practice of profiting from discrepancies in prices between similar assets. Looking at Exhange Traded Funds that track crude oil, I see ample opportunities for arbitrage in the energy space.
I noticed this last night when I was looking at a relative strength chart of USO compared to Crude Futures. USO is an ETF [...]
Posted on March 10, 2009 by Adam
I wanted to follow up on my post yesterday, where I described a point and figure strategy for a deeply oversold market.
I bought into a 3 box reversal in (MET: 42.69 +0.87%) yesterday at 12.50 and cashed out this afternoon at 15 for a 20% profit. Quick and dirty, nice and easy.
Posted on February 25, 2009 by Adam
I just bought stock in REGN. Here’s why.
First, look at the candlestick chart. It’s been holding up lately, putting together some higher lows. You could make the case for an ascending triangle here, where prices are resting right at support. Add to that the fact that it’s been up or break-even the entire day, on [...]
Be on the lookout for an extended pullback.