tag:blogger.com,1999:blog-553223962289160352012-02-10T15:39:05.350-05:00Follow an unbiased Financial Trader (MARKETJEDI)-MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.comBlogger27571100tag:blogger.com,1999:blog-55322396228916035.post-70655006656223941382012-02-10T15:39:00.000-05:002012-02-10T15:39:05.355-05:00

Running to new highs in a down market- Guess I should have just scaled on that so I had a bit left- Looks like that wants $78 pattern still active. BINGO

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-42173206406154854032012-02-09T10:56:00.002-05:002012-02-09T10:56:47.975-05:00

Apple stock is just too much to comprehend- As of today I will no long look at this CULT stock and it defies all technicals :) I guess it will stop when it gets to $1000 :)

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-22958546106157279832012-02-08T11:19:00.000-05:002012-02-08T11:19:16.492-05:00

Out all longs--- Just holding some Puts on the Spy very small 1/4 lot.

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-76063164038518914102012-02-08T10:06:00.001-05:002012-02-08T10:06:53.611-05:00

Scaled out rest of CLR on second target $83-

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-2256531754359088802012-02-07T15:55:00.000-05:002012-02-07T15:55:07.579-05:00

More new highs on RAX- that one is running into earnings I believe it is Monday so I will be all out by then. CLR- just on fire here- That one looks like it can go much higher in new 52 week highs. ZOLL- winner but keeping stops on it- I think we are getting long in the tooth here and It might be prudent to buy some protection as puts on the SPY or QQQQs if you are net long.

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-19499898678515126772012-02-06T12:37:00.002-05:002012-02-06T12:37:05.019-05:00

New 52 week high here- Still long

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-65930805417315360062012-02-03T14:06:00.003-05:002012-02-03T14:06:57.865-05:00

getting hit today again. I am still looking to nimble on some VIX if we hit 15 and below.

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-50582710628822018232012-02-03T08:36:00.000-05:002012-02-03T08:36:01.725-05:00

The broad market barometer the RUSSELL looks like it is on a break out pattern.

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-63479758892664600952012-02-03T08:33:00.001-05:002012-02-03T08:33:21.264-05:00

Wrote it at midnight- There is no doubt the numbers would better with a lower unemployment rate. No inside info but just logics, IT'S ELECTION YEAR, manipulated numbers. Bring on the herd, I am all long except 1/4 SPY PUTS left. BINGO.

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-64382616539068009562012-02-03T00:05:00.004-05:002012-02-03T00:05:46.931-05:00

Seeing a lot of news about unemployment numbers I truly believe it is all being used to political manipulate voters. If that's so we will never really know the true unemployment rates and to that extent we are more likely to get lower unemployment numbers if that's the will of the powers at hand. Yes it is the messed up game of political but it will always be that way.

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-55372680706352730952012-02-03T00:02:00.000-05:002012-02-03T00:02:12.360-05:00

scaled 1/2 today @ my first target $80. Still holding 1/2 with a stop at entry now which was $74.30

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-52172422280438273602012-02-02T11:23:00.003-05:002012-02-02T11:23:53.066-05:00

Someone buying up my RAX!!!!!- UP 10% on my long, 5% today alone- BINGO

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-22992585755734959542012-02-01T08:05:00.004-05:002012-02-01T08:05:57.894-05:00

Scaled more SPY puts yesterday and purchased RAX as a earnings runner, we will see. Market up lot pre market and it seems as long as we hold 1300 in this holding pattern it is in the bulls hands. Spoke about 1309 long ago and the next level up is the 1329/30 level as some resistance.

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-57048237735595091962012-01-30T10:18:00.003-05:002012-01-30T10:18:56.637-05:00

average $1.05 now bidding $1.85 up a whopping 80%. Scaling a few here

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-29505944632384412952012-01-30T08:25:00.001-05:002012-01-30T08:25:23.211-05:00

Going to open up higher also QID purchased last week seem to be purchased at the right day. Interested to see how this week pans out as we have not traded below the 10day moving average in a month. Will we bounce on this dip below or will be get a bigger pullback. No rush here.

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-42004347332410115482012-01-28T22:04:00.002-05:002012-01-28T22:04:43.547-05:00

THENS (Reuters) - Greece and its private creditors said on Saturday they were piecing together the final elements of a debt swap and expected to have a deal ready next week, essential for sealing a new bailout and avoiding an uncontrolled default. After muddling through round after round of inconclusive talks, the negotiations are in their final phase - though it appeared unlikely that a

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-30037268178757716542012-01-26T15:32:00.001-05:002012-01-26T15:32:15.926-05:00

Spy puts mentioned this morning before open are already up 40%. Lets see how far this one can go!!!!!

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-61548496275096226222012-01-26T14:48:00.002-05:002012-01-26T14:48:40.015-05:00

WASHINGTON (AP) — Fewer Americans bought new homes in December. The decline made 2011 the worst year for new-home sales on records dating back nearly half a century. The Commerce Department said Thursday new-home sales fell 2.2 percent last month to a seasonally adjusted annual pace of 307,000. The pace is less than half the 700,000 that economists say must be sold in a healthy economy. About

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-62986291746323111992012-01-26T09:44:00.005-05:002012-01-26T09:44:59.618-05:00

VIX finally in the 18 range geez thought it would never happen again. Right now this is also a key. I am looking to buy VIX if we get down to low - mid teens.

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-52484929884966822962012-01-26T08:58:00.001-05:002012-01-26T08:58:42.564-05:00

Very interesting action yesterday. Whether we melt up higher or we pause here is definitely a toss up. I would not be initiating any new longs here. As of yesterday I am out all longs and went 1/2 on some QID. I think it might be prudent to buy some cheap puts against an longs on the SPY here the $130 puts @ $1 look good enough for a play. Yesterday Gold made a nice push higher and it came on the

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-52463012986207404272012-01-25T09:31:00.001-05:002012-01-25T09:31:13.889-05:00

Buying 1/2 lot QID here @ 38. Medium term play

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-60565056500401541262012-01-20T12:55:00.001-05:002012-01-20T12:55:03.035-05:00

Great earnings and it gapped up into $69.30 area. It is pulling back here but that might be all she had here since earnings is a huge catalyst. Was a nice play though I did think we could have hit $71.

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-77419948231061137992012-01-19T16:03:00.002-05:002012-01-19T16:03:32.614-05:00

Google earnings light- hmm let's see how hard it gets hit. initial reaction it is down $50.

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-91481610231024725392012-01-19T12:15:00.000-05:002012-01-19T12:15:08.563-05:00

Q's are making 10 yrs highs here. Good shot Visa moves higher also. Watching 1309 maybe 1313-14 area for some heavy resistance.

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-62899890635722901182012-01-18T13:41:00.002-05:002012-01-18T13:41:53.983-05:00

1309 is the 78.6 Fibonacci number to watch on this move up in the markets.

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-9064428008394719672012-01-12T09:54:00.000-05:002012-01-12T09:54:31.344-05:00

Stop should be on this here around $65 so just a $1-$1.50 risk on this. Think we can get to the $70-71 area where i would be taking profits.

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-50086713723391235722012-01-10T08:55:00.000-05:002012-01-10T08:55:30.096-05:00

The futures are going gapping up showing we heading for a positive open. One of the things I look at in the first week is volume and price movement especially in the leaders from the previous year. Stocks likes APPLE have been strongly moving upwards and this notes a strong underlining market if we do get positive news. this morning futures are moving on the positive news from Alcoa and more than

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-42502237844992509032012-01-06T09:54:00.000-05:002012-01-06T09:54:03.837-05:00

Red hat looks like a short here @ 42.80. i would use $45 as a stop

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-55795371804439814922012-01-04T21:05:00.001-05:002012-01-04T21:05:58.517-05:00

I like to always wait the first 5 days of the year for the cash to settle in at the beginning of the year. I think we will break out here soon, either we goto 1330 area or 1242. If I know which way I would express it but as of now I am not getting any signals but we are awaiting a break out.

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-90884840052762359702012-01-03T14:30:00.002-05:002012-01-03T14:30:50.752-05:00

BALTIMORE (WJZ) — Five dollars a gallon for gas? Analysts say it could happen this year. Monique Griego has more on why gas prices could soon explode. Just this weekend, the president signed new sanctions against the country of Iran. Now, Iran is firing back with a threat that could send gas prices higher than ever. Prices at the pump already have drivers in pain. “I can barely afford it now,

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-37464312002340110672011-12-31T18:55:00.002-05:002011-12-31T18:55:38.411-05:00

NEW YORK (AP) -- The stock market ended a tumultuous year right where it started. In the final tally, despite big climbs and falls, unexpected blows and surprising triumphs, all the hullabaloo proved for naught. On Friday, the Standard & Poor's 500 index closed at 1,257.60. That's exactly 0.04 point below where it started the year. "If you fell asleep January 1 and woke up today, you'd think

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-18834138285676248722011-12-30T13:51:00.001-05:002011-12-30T13:51:43.697-05:00

S&P range in 2011 was +9% to -14% and we closing the year flat at 0%. Nothing happening. I have been under the weather due to the weather always a bad time for me with my sinuses. Next week after the three day holidays it will be interesting to see how they will try and put a positive spin for the 2012. You will no doubt here that where ever the first five trading days go so will the year, oh

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-51565568011064028672011-12-24T17:35:00.001-05:002011-12-24T17:35:44.196-05:00

The guy who is killing it at SAC Capital By Matthew Goldstein Move over Steve Cohen. The trader who is killing it at Cohen’s $14 billion SAC Capital Advisors this year is Gabriel Plotkin. The portfolio manager, who specializes in consumer products and the gaming and lodging industry, is one of the top producers this year at Cohen’s hedge fund, say several people familiar with the Stamford,

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-79803294050571929862011-12-19T19:08:00.006-05:002011-12-19T19:08:47.059-05:00

It was four years ago that a punishing recession officially began. The financial pressure drove many companies out of business, while the survivors generally adapted and got stronger. But some firms are still struggling, whether from delayed effects of the recession, relentless competition, fresh strategic blunders or a turnaround plan that hasn't panned out. While a double-dip recession seems

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-85768730474864634932011-12-19T19:07:00.001-05:002011-12-19T19:07:29.089-05:00

Oh Santa Santa where are thou???- Closing at 1200 level is not a good sign. Maybe some of the last bulls will come in to give us a extremely low volume rally soon

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-13650147961401872622011-12-14T09:38:00.000-05:002011-12-14T09:38:41.559-05:00

Bye bye Silver. All commodities getting killed here Gold especially. In the S&P the next support should be around 1195 area

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-41110106352561466052011-12-13T15:53:00.000-05:002011-12-13T15:53:48.410-05:00

Well a real up and down day, see saw nothing new it seem to be how the market will be for awhile. Big surprise is we didn't have a turn around tuesday and the early strength could not hold up the news from the FED. It is almost impossible for me to think why would the FED say or do anything here. All the big money is doing nothing and the FED being the biggest have been behind the scenes trying

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-19023803604952616242011-12-12T08:50:00.000-05:002011-12-12T08:50:09.493-05:00

Oh yes Silver taking it on the chin early monday premarket. More to come. This is more likely be the last week of the year for most traders. It should be an up week as we have many IPO on tap but this market is so crazy who knows especially when we get whip around by the Euro news. We will see soon enough.

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-67218921209490666802011-12-09T10:23:00.001-05:002011-12-09T10:23:20.013-05:00

Could be totally wrong here but silver looks like a short here

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-34516057009804210652011-12-08T10:19:00.001-05:002011-12-08T10:19:50.531-05:00

To add to the confusion here today it is rollover day for many futures contracts. The S&P March 2012 are trying at a negative 7 points differential and Oil is also lower. I guess he big money thinking we will be lower in the new year.

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-51448975158453662102011-12-08T09:19:00.001-05:002011-12-08T09:19:55.141-05:00

we have lost 20 S&P POINTS IN JUST 40 MINUTES with the EU news and the market is not even open yet. Crazy - Just too crazy for me

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-89729288253750558992011-12-07T09:33:00.001-05:002011-12-07T09:38:46.989-05:00

so Citibank announced layoffs yesterday and today BAC starts their 30k layoff process, so if the banks are so much in a better state and the unemployment now down to 8.6% why are we having this news?? It is all garbage!!! Last week I read that the FED secretly loaned big banks the same banks that got 700 million TARP money over 7.7 TRILLION of funds at zero percentage after. Now just think about

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-69017077487241602332011-12-05T14:56:00.001-05:002011-12-05T14:56:04.593-05:00

S&P Put Europe's AAA Countries (Germany, France, Holland, Austria And Luxembourg) On "Creditwatch Negative"

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-39300425704711620262011-12-05T10:53:00.001-05:002011-12-05T10:54:12.497-05:00

volatility has being sucked out for the market right now. Can't fight the trend and the breadth here but boy oh boy do we look boring

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-63994100797527266272011-12-02T08:38:00.001-05:002011-12-02T08:38:29.651-05:00

unemployment rate now 8.6% really!!!! Another new way to calculate the number and we get a lower reading is NOT real- The fabrication continues

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-44354251287577888702011-11-30T11:26:00.001-05:002011-11-30T11:29:52.484-05:00

So folks the reason why their was a coordinated effort by central banks overnight was because a big European bank failed. This is trouble because why we are led to believe everything is fine we are actually crumbling. Something deep and big is brewing and 2012 will be the year the powers that be can't keep it up and we sell off hard. Remember I have a multi year cycle low coming late next year

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-35116997236681748232011-11-30T09:05:00.001-05:002011-11-30T09:05:41.795-05:00

I guess the banks were on the brink again - for this intervention to come as a join effort is amazing. Hard to trade with this news driven stuff

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-44529842905626397052011-11-29T15:56:00.001-05:002011-11-29T15:56:49.953-05:00

watching this number on the close- they trying to trade around it for sure- with 4 minutes to go

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-68817034149531455342011-11-29T14:01:00.001-05:002011-11-29T14:01:36.207-05:00

Number to watch into close is 1196.50. A close below that might signal yesterday was a drop in the bucket news rally-

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-36980608913161436972011-11-22T10:10:00.001-05:002011-11-22T10:10:05.836-05:00

Early we getting some weakness- but most importantly we below 1190. 1184 is a good spot AGAIN for the bulls to show what they have as today is good as any other time as we could have a nice turn around Tuesday.

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-44267797925331427722011-11-21T16:18:00.001-05:002011-11-21T16:18:12.541-05:00

Futures closed @ exactly 1190

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-78991819532665712132011-11-21T15:17:00.001-05:002011-11-21T15:17:31.519-05:00

45 minutes to go the bulls trying hard to close this above 1190 to save that pattern- we will see soon enough if they can make it happen. It is Critical

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-46216121192369654312011-11-21T09:51:00.001-05:002011-11-21T09:51:41.363-05:00

1190 here - let see if we get a dip below to around 1185 and set up a bounce

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-82868727358479181182011-11-21T09:05:00.001-05:002011-11-21T09:06:45.431-05:00

We almost hit the 1190 level I spoke about in the post last night- we hit 1191.50 on the S&P futures and some might call this a hit. For me it must be tested in the regular trading hours but the market often does do what we want it to do. As I have been saying most the the market moves are being down outside of regular market hours because everything is computer traded right now and that leaves

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-53219639954828319952011-11-20T19:14:00.001-05:002011-11-20T19:16:09.772-05:00

No surprise for the last two trading days we have closed around the 1215 area. So fascinating to see technical work and we got to come to reason the markets will do what it will do no matter the news which i call technical noise. Now for this week and maybe as soon as overnight are number to watch is 1190. 1190 is the magic number for the bulls as a lower close would nullify the bull flag on

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-55015815499463631382011-11-17T14:35:00.001-05:002011-11-17T14:35:44.146-05:00

Buls have to try and regain that before the close or 1203 is definitely in the cards-

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-17249240613938079582011-11-17T12:38:00.001-05:002011-11-17T12:38:38.406-05:00

wow we spliced through 1215- 1211 here this is getting ugly fast. Something is going on this can't just be the computers selling

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-26226506021799107562011-11-17T12:35:00.001-05:002011-11-17T12:35:52.228-05:00

Soon after I posted be careful of a break soon we lost 13 points on the S&P. I am looking if there is news but none I could find for us to sell off so hard. 1217 here but 1215 is the number to watch. Wow wild market- two days ago it liked like we heading higher looks like a head fake

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-65866079749565045982011-11-17T12:06:00.001-05:002011-11-17T12:06:42.233-05:00

Nothing esciting happening and this is a sure sign of a move coming soon. Don't get too caught up in being bearish or bullish as we can go anyway. Please Note though we heading lower here bulls still have the momentum till we close below 1190 on the S&P

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-48862374841432304862011-11-16T21:32:00.001-05:002011-11-16T21:33:03.676-05:00

Oanda, one of the largest online currency trading platforms for retail investors, has some unusual advice for its customers: Stay out of the market. “We are encouraging our clients not to trade right now, but to watch the market carefully,” said Michael Stumm, president and chief executive at Oanda, in an interview. Oanda this week sent an email to its clients, advocating that they move to the

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-29223599555749968782011-11-15T08:59:00.001-05:002011-11-15T09:00:47.293-05:00

Short term here it is difficult to assess where the markets will break out to- Right now we are in a trading range and we will break higher or lower inevitably but the true answer is when! We are trading around the 200MA and that makes its more difficult (above 200MA bullish below bearish). Also one thing I see on the charts is a munch of tight triangles showing bear and bull triangle but because

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-26493733599995251782011-11-12T13:36:00.001-05:002011-11-12T13:36:38.430-05:00

ONE night a few years ago, when the value of our home had collapsed, our debt was out of control and my financial planning business was shaky, I went to take out the trash. There was this enormous window that looked right in on the kitchen table, and through it I could see my wife, Cori, and our four children eating dinner. It was dark outside, so they couldn’t see me, and I just stood there

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-20386978658957030602011-11-10T10:34:00.001-05:002011-11-10T10:34:10.578-05:00

We selling off all gain this morning in just one hour but most importantly do we hold 1222 on the S&P or we test that 1218 again

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-77776588658740946732011-11-10T10:32:00.001-05:002011-11-10T10:32:08.650-05:00

Gold getting sold hard today as well- Oh well!

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-58942270407854711292011-11-10T10:28:00.001-05:002011-11-10T10:28:32.777-05:00

Mentioned that WYNN looked like a short below $125 a couple days ago, now trading @ $118. Good shot this one goes below $100 on continued weakness

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-83402610831238369002011-11-10T10:21:00.002-05:002011-11-10T10:21:10.756-05:00

Not looking too good for Apple here.

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-53226446448409619982011-11-10T10:03:00.001-05:002011-11-10T10:03:04.943-05:00

Selling hard two days in a row

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-79521444323300157242011-11-10T09:12:00.001-05:002011-11-10T09:12:19.415-05:00

So overnight we hit 1218.25 as the low as mentioned yesterday that should be the next level of support. The problem with the markets now a days is that 80% of trade are done by computer quants and seem like they are doing their technical plays in the overnight market and that makes it harder for the live traders in the regular hours anything but gamble with news. Quants writer are smart and are

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-17402344830466419152011-11-09T17:17:00.002-05:002011-11-09T17:17:56.466-05:00

Can't believe the selling the nasdaq put on today but when you got Apple down $10 what do you expect.

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-85880306696294715132011-11-09T14:09:00.001-05:002011-11-09T14:09:08.725-05:00

we lost 1235 fast - 1226 here but next support is 1218

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-46928069647571290772011-11-09T13:52:00.002-05:002011-11-09T13:52:04.835-05:00

He is the 1235, now what do we do

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-29872952332082901902011-11-09T13:34:00.002-05:002011-11-09T13:34:13.300-05:00

Got a small bounce but loks like the market wants 1235.. Huge question is if we hold there for we head lower. Markets again negative for the year.

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-39336116884413646712011-11-09T10:42:00.000-05:002011-11-09T10:42:56.281-05:00

Market getting cracked here- Amazing how sentiment has changed within a couple of hours. Market is fragile real fragile maybe it will be a buying opportunity but new lows after first hour is not good and we would need to get new days high after lunch to negate this selling

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-15943860417924769432011-11-09T08:29:00.002-05:002011-11-09T08:29:58.292-05:00

All News Driven here- after yesterday's bullish close we are down over 30 S&P points before the open. I have to definitely echo the sentiment of many managers this is the most difficult market I have seen ever, I guess for once I agree with the talking heads like Cramer etc . When will this phase be over who knows

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-48095761430177984142011-11-08T14:35:00.001-05:002011-11-08T14:35:10.989-05:00

Trading well here i still like them providing we trade modestly higher, I do expect these two to make new highs

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-36533045316332359022011-11-08T14:33:00.002-05:002011-11-08T14:33:45.254-05:00

looking for 1281 area on the S&P soon. still looking for 1301 if we go higher mentioned last week

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-8854923289089353862011-11-08T13:50:00.001-05:002011-11-08T13:50:36.219-05:00

just moved 8 points in the S&P on news out of Euro that Berl will resign- All news generated market here

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-39469174639663501712011-11-08T09:43:00.000-05:002011-11-08T09:43:42.598-05:00

WOW- between oil and the Euro the market is just in crazy mode. Technically aren't working as everything is reacting to the European concerns. Lots of funds are going under to my understanding with the ill faith of MF Global fallout. They are not reporting that they are changing margin requirement and so forth and that might be the reason Oil is heading higher, lots of strange dynamics going on

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-40996833746525843132011-11-07T15:48:00.001-05:002011-11-07T15:48:59.463-05:00

Gold is looking like it is gaining momentum- I have a projection of new highs and target of 2150 on Gold in the next 6 months. We will soon see

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-51354909392199700262011-11-07T13:03:00.000-05:002011-11-07T15:47:49.169-05:00

In September, the government reported that a record 46.6 million Americans were living in poverty. But a new report released Monday by the Census Bureau using a more sophisticated method to measure poverty rates has found that the true figure is even higher: 49.1 million, or 16 percent of all Americans. It's not just the raw number that's different under the new measure--it's also the breakdown

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-24175950801702525762011-11-07T10:25:00.001-05:002011-11-07T10:25:32.402-05:00

LOOKS weak would set up a short below $125 area

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-35888950982904122282011-11-03T10:05:00.001-04:002011-11-03T10:05:08.244-04:00

WHAT A MESS- JEFFERIES now halted and 30 minutes in we have sold off 200 points and 20 S&P points. this is crazy

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-52912822844744202082011-11-03T08:48:00.002-04:002011-11-03T08:48:33.009-04:00

40 POINT move overnight on the S&P, this is just crazy, news all over in the Euro zone. To be in here is just guessing as it is all being new driven here.

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-57393635979988674442011-11-02T10:01:00.001-04:002011-11-02T10:01:45.917-04:00

BIIB and NUAN

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-38044020156674937582011-11-02T09:10:00.000-04:002011-11-02T09:10:36.310-04:00

FOMC meeting today so trading volume should be light coupled with the MF Global confusion we might see the volume extremely light this weak. Remember we have a tendency to trade higher in the FOMC announcement so this early strength should be the catalyst of this. I don't expect much in the markets today. All eyes are on Italy and the Euro

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-24856816965430984082011-11-01T08:53:00.002-04:002011-11-01T08:53:45.022-04:00

See why you dont jump into the markets during this time. Everyone thinking last two week we are safe and everyone on television saying we are in bull mode but we are down 70 S&P point since sunday night. Got to just keep it light or stay out.

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-17613720311284726412011-10-31T14:16:00.001-04:002011-10-31T14:16:14.557-04:00

http://finance.yahoo.com/news/MF-Global-files-for-rb-3630437589.html?x=0&sec=topStories&pos=main&asset=&ccode=

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-30539612665740633022011-10-31T10:29:00.001-04:002011-10-31T10:29:38.662-04:00

Game Over. And in the meantime, we get the following report from a media source: "CME’s acting like the MF Global thing just happened. They’re haphazardly locking traders out who clear with MF, blocking access to the floor of not just MF Global employees but people who clear through them. As a result, nobody wants to leave the floor and nobody who still has access wants to trade just to get

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-62744994650664874132011-10-28T08:39:00.001-04:002011-10-28T08:39:24.849-04:00

Most important number on the upside is S&P 1307 which is the 78.6 Fibonacci. On the downside here early we should watch 1274 then 1262

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-76416119718502151872011-10-27T10:57:00.001-04:002011-10-27T10:57:21.177-04:00

Berlusconi proposed asset sale of 5Billioneauros a year is really impressing the markets

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-58075712555010693072011-10-25T10:27:00.001-04:002011-10-25T10:27:20.627-04:00

numbers were the lowest since March 2009.

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-5130419992315091862011-10-25T10:06:00.002-04:002011-10-25T10:06:57.701-04:00

Just Imagine when APPLE has a miss like Netflix-Wow it will be a huge dive

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-46533032435306307072011-10-25T09:51:00.001-04:002011-10-25T09:51:35.216-04:00

Wow over $200 less than two months ago. Nothing changes

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-28774981452114586392011-10-24T15:02:00.001-04:002011-10-24T15:02:02.194-04:00

Believe it or not the S&P IS NOW FLAT FOR THE YEAR- Ten months and we have gone NOWHERE!!!!!!!!!!!!

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-14970864732680434552011-10-24T13:49:00.000-04:002011-10-24T13:49:02.764-04:00

1250 hit - now at 1252

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-81010572180303796822011-10-24T10:20:00.003-04:002011-10-24T10:20:14.760-04:00

Just infront of 1250 number is a gap @ 1248.75 but if we hit 1248 today I am sure we will tag 1250. watch 1253 after

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-5949260475314027772011-10-24T09:06:00.000-04:002011-10-24T09:07:00.690-04:00

What a turbulent week last week. We are still bouncing off that important 1068 number and I am sure the bulls are trying for that 1250 now. Lets not get into a totally bullish mode as we are just in a retracement play in a larger bear market. Can we go higher than 1250 sure! Actually I have some projections all the way up to 1338 but who knows as we are just trading off the European economics

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-56619792198525553422011-10-18T10:23:00.001-04:002011-10-18T10:23:28.109-04:00

Not much to talk about the markets are once again in the negative for the year and it seem we will be around this area for awhile till be get out of earnings season. Rough to trade here as we are in high volatility mode with no real direction. Today the tech names as PCLN, AMZN, BIDU, and SINA are getting hit. Also didn't help that IBM and BAC earnings weren't that great. We have to watch for

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-1420610961982917792011-10-12T13:09:00.002-04:002011-10-12T13:09:13.494-04:00

DOW now flat for the year- A year of nothing :)

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0tag:blogger.com,1999:blog-55322396228916035.post-65814024122283076342011-10-12T09:12:00.001-04:002011-10-12T09:12:42.601-04:00

Nasdaq down 2.8% S&P up 2%

MarketJEDIhttp://www.blogger.com/profile/04729024475874660127noreply@blogger.com0