Author Archives: Admin

BIO Forum subscribers know a top call was made at the end of April and those who follow my plays saw that I was rotating out of plays heavy in April despite having Calls that didn’t expire until May. Sometimes, the hardest thing to do as an investor or trader is to watch the markets after you have played your hand. Continue reading →

This Monday morning looks like the market is going to get a haircut thanks to the lack of resolution on the Greek credit crisis. Smart investors will simply let this play out and save their dry powder for when shares of their favorite plays are on sale – kind of like shopping on the final days before Christmas when deep cuts in pricing are done by merchants who want to move their goods while the consumer is in spending mode. Continue reading →

With the markets downdraft nearly completing their 7th straight week since the May high, new value investors are probably the ones who are questioning their conviction in there positions. The seasoned value investors, well….that’s a different story. See, it’s one thing to ID a play with good fundamentals and real earnings that are sustainable going forward, and it’s another thing to take a position in that company at the “right price”. Continue reading →

What’s next for the market? Frankly, no one knows for sure. Do I hope we have put in a bottom? Yes, of course…but hope is not a trading or investment strategy. At times like these when oversold indicators don’t seem to move from oversold and the market has just finished its 6th down week since the beginning of May, it’s our job as investors to keep looking under rocks for value and potential in companies with real earnings and strong balance sheets. Continue reading →

Trading and investing isn’t always easy and there are times like this when the market comes to a cross-roads. Some folks didn’t hear or act on the warnings of a top coming from our April posts and I do think that unrealized losses since the May high are part of the game and only a concern IF you are using options with < 4 months before expiration. Continue reading →

What’s next for the markets? That’s what traders or investors both ask themselves every day, but after 5 consecutive down weeks on the SP-500 (that hasn’t happened since July 2004 and also just after the 911 attack in 2002), that’s a question that’s rises to the top at times like these. Correct answer is no one really knows. The market is made up of a lot of pieces. There is an element of time frame that also needs to be defined in order for one to give a more accurate answer. Continue reading →

Seems like the we may get a resolution to the upside on the SP-500’s short term trend if we get a close above the 1330+/- level today and that would put all three time frames back to UP. Realizing that the tape’s final hour’s movement is most important is important in avoiding getting whip sawed by mid day head fakes: Continue reading →

Just like the ocean tides, there’s an ebb and flow in the market no different than when the tide comes in, then it goes slack, and then it goes out. Right now, it’s slack tide in the markets and they are different in that they don’t have exact cycle times have to reverse like tides do. What markets do is they do is health back-filling and retracement. Continue reading →