Easily my top two favorite teams in the tourney are LaSalle and FGCU. LaSalle because they’re a big 5 Philly team and FGCU because of the chicken dances. Bring on the Sweet 16!!
“Bears still angry; Bulls still scared” – Saw this tweet come across my stream and agreed with the author, it’s a perfect description of this market.
Here’s Market Anthropology’s weekend addition, Halfway Down The Stairs. Silverrrrrrrrrrrrrrrrrrrrrr!
Factset link showing 9/10 SPX sectors have a declining EPS growth rate now. EPS Growth
ukarlewitz with a RT showing that within the SPY, 102 negative warnings vs 23 positive is a 4.4 N/P ratio which is the most negative since Q3 2001 if it persists
Bulkowski: Diamond Top in QQQ? Chart
This past month has seen no advantage over risk-free. Chart <I continue to lend heavy credence to these charts.>
All SPX sectors in nice uptrends with no trendline breaks. Chart
CiovaccoCapital pointing out that defensive ETFs were among the leaders last week: HDGE, XLP, PBJ, VXX, TLT <Lol @ VXX>
GravityInternational tweets “As touch as it is to stomach compromises to receive rescue funds & persistent structural headwinds in Euro-zone, troika is holding their hands. Banking model & economic growth structure in Eurozone is still unsustainable, though intervention is a slipper slope, continues to buy time. List of Euro-zone sovereigns needing structural economic & political reforms to receive aid grows, & eventually to dip into the well again. Euro-zone faces psychological damages from painful measures of internal devaluation compromises but countered by troika support affirmation. <yup.>
Cullen Roche says “US Treasuries Remain an Effective Portfolio Hedge” Blog
Ro Patel confirms DELL buyout updates: Carl Icahn offers $15/share, BX offers $14.25, DELL offers $13.65 and HPQ doesn’t offer anything. <Though there is still no clarity as to the structure of Icahn’s or BX’s deal>
Scott Redler tweets “spy held its 21 day during the week of volatility and now will attempt to take out pivot resistance that stands at $156.25-156.75”
And here’s his morning call. Morning Call
<Really his entire stream is value-add for the type of trader that I suspect makes up the majority of iBC visitors. He is a must follow and must read>
Stocktwits Best of week 3-24-13. Best of
And 20 trade ideas for the coming week 3-25-13. Coming week
<I am in the process of sorting through the names frequently found on stocktwits recommendations so take these links with a grain of salt>
Generally speaking I remain in a hedged environment and I am short silver.
