Tuesday, March 16th, 2010

The month of the Lion is upon us, and alas, it is time to usher in a new KoPG. I believe Caveman Forecaster was leading the poles before the old site went down, and seeing that he is doing a bang up job on the PG, I think he should be the new King, [...]

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Check out these previous Margin Clerk Adventures:
Fun with Faz II: http://www.ibankcoin.com/peanut_gallery/index.php/2009/04/30/fun-with-faz-ii/
Fun with Faz III: http://ibankcoin.com/king_of_the_pg/2009/06/08/fun-with-faz-iii/
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Ominous warning for FAZ holders back when FAZ traded at $9: http://www.ibankcoin.com/peanut_gallery/index.php/2009/04/28/fun-with-faz/
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Ladies and Gentlemen of the iBankCoin community, I must tell you that I had a ton of fun being your King of  the Peanut Gallery.  Tonight, I have no market updates for you, but instead, I have my thanks to give to all of you who allowed me be the KotPG for the month of [...]

$SPX  60 Day, 60 Minute
The only thing I will say about today is that the breakdowns that occurred across the board in the financial sector have put a serious damper on the March rally.  If you are holding financial sector tickers for the long haul, try to take as much profit as you can from them tomorrow morning. [...]

Good Evening bloggers!  I hope all had a nice and relaxing weekend, patiently waiting for the most important economic data week of 2009 since it began.  Although March brought us pain off the bat, March ended up turning around for the better, eating away at the global market’s losses and pushing higher off of what I [...]

I’m taking the night off.  You should too!  Go take a break and relax!  Watch shitty, mindless T.V., like American Idol, Larry King Live, or something equivalent.

Six Factors to watch for during tomorrow’s trading session:
 
A market pullback to Fibo 50%
A market breakout OVER Fibo 61.8%
Consumer Sentiment @ 9:55am
FAZ holding its $18.41 support
VIX support at 39
Heavy [...]