Comments »The autumnal equinox…should be really bearishhhhh (belch). LIVE! From the back of McSorley’s bar…the moon’s alignment will kill this rally (cough cough)…I love you Erin Burnett…zzzzzzz (snoring)
Friday Night Double Feature
In two parts, here is my analysis of the leading indices and sectors of the market at the end of this week.
As always, if the videos below are too small to view here on iBC, then you can double-click the screens and watch them on YouTube.
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[youtube:http://www.youtube.com/watch?v=rFk_E5RV5HU 450 300]r__________________
[youtube:http://www.youtube.com/watch?v=-ZmnndwQiEI 450 300]r Comments »Prepare to be Challenged
You guys should be pumped up for 12631, launching on November 12 (iBC’s three year anniversary). Enough with the third tier effort that you see on non-iBC related premium sites! Unless, of course, that is your thing.
NOTE: Video of third tier premium stock service provider preparing and executing his game plan:
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[youtube:http://www.youtube.com/watch?v=Tc-iHu1dSsk 450 300]r Comments »Biggie Size this Stock, Please
I bought a 3/4 position in $WEN. The fast-food franchise is a perennial takeover play, and inside The PPT you can find their top institutional holders, as you can with every other stock in the entire market:
Top Institutional Holders (% outstanding)
The top holder, Trian Partners, is usually the name mentioned regarding potential buyers.
Rumors aside, the chart of $WEN illustrates that the stock has broken out above the multi-month trading range on strong volume. With earnings on November 12, I will likely trade around this name with the idea that we have seen a bonafide breakout that will lead the stock much higher in the coming weeks and months.
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(All trades are time-stamped inside The PPT, and soon to be 12631)
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TOTAL PORTFOLIO:
EQUITIES/ETF’s: 56%
- LONG: 56% ($ATPG $BAC $CTSH $DDS $HMIN $MSTR $RGS $SHLD $WEN)
CASH: 44%
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Comments »As Easy as ATPG
See details on chart:
(All trades are time-stamped inside The PPT, and soon to be 12631)
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TOTAL PORTFOLIO:
EQUITIES/ETF’s: 50%
- LONG: 50% ($ATPG $BAC $CTSH $DDS $HMIN $MSTR $RGS $SHLD)
CASH: 50%
Comments »A Swing Trader’s HMINimum Requirements
One name that I have been trading around since the middle of last August is $HMIN. In terms of a bullish price and volume pattern working in concert, this is exactly the type of issue in which I am looking to get involved. At some point, this reliably bullish pattern will end, as nothing lasts forever. Until then, however, I am going to ride the prevailing trend to benefit from a pattern that every swing trader should be looking for as well.
Even if you decide that this stock is not for you, the daily chart below offers a great example of the kind of healthy price and volume action that I have consistently been discussing in this tab since last May.
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