Friday, March 12th, 2010

Despite an underwhelmingly “bullish” close of +25 basis points, my charts aren’t showing much to get excited about.  I recommend reading my post regarding last Thursday’s Buy/Sell strength, since not much has changed since then.

On another note, PPT stats win again.  As noted by Fly last Thursday, there is a high liklihood that following a > [...]

Focus Media Holding Limited (ADR) (FMCN: 16.43 +0.86%) is going to $16.75 by year-end. Earnings will disappoint, the Olympics will be over, and Chinese stocks will still suck–at least, this is my dream.
Whether or not you want to take this sterling advice is none of my business. I plan on adding to [...]

Hopefully you remembered to short (GME: 19.21 -0.72%). The real break occurred yesterday, but, what a nice follow through today.
So, still shortable? Entry is not as desirable, but if this hooker is getting the dreaded multiple contractions, then there is room left.
This is a weekly chart since IPO. I include the [...]

Today was wild. Sorry for the lack of posts, I have a couple good things to put up later tonight.
Regarding market action, we had another strong showing from Financials and Retailers, despite higher initial jobless claims (375K vs 319K consensus).
I want to inform you readers I capitulated on my Aeropostale, Inc. (ARO: 28.18 +4.18%) [...]

There has been much discussion of how to bank coin off ‘merica’s burgeoning “obese asshole” epidemic. It’s pretty sad. According to statistics, two-thirds of my readership could be “overweight,” and at risk of constant shaming. I want to help you 2/3 out of this mess.
A reasonable man would suggest diet and exercise, [...]

Here is my cold look at (RICK: 14.22 -0.07%) in an attempt to see if it is worth buying at 27. My old 2008 target was 35.
First, its revenue growth YoY was 30.7% in fiscal year 2007. This is important because the CEO said he expects an acceleration, so if that were to [...]