iBankCoin
Joined Jan 27, 2008
7,406 Blog Posts

Cajun Buys

I bought salesforce.com, inc. [[CRM]] @ 23.30

I bought Yingli Green Energy Hold. Co. Ltd. (ADR) [[YGE]] @ 3.20

I bought Research In Motion Limited (USA) [[RIMM]] @ 45.50

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Trade Ideas

[[CME]] is ready to breakout of it’s death spiral:

NVIDIA Corporation [[NVDA]] is ready to bounce off it’s long term support:

Research In Motion Limited (USA) [[RIMM]] will storm to $50 this week:

Now for the gold bugs:

Do you know how to trade the triangle? Agnico-Eagle Mines Limited (USA) [[AEM]]

How about a few golden cup & handles:

If you don’t like any of the above stocks, just buy some Potash Corp./Saskatchewan (USA) [[POT]] :

Bonus, via The PPT:  Yanzhou Coal Mining Co. (ADR) [[YZC]] :

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Earnings:

Monday:

  • Hewlett-Packard Company [[HPQ]]

Tuesday:

  • American Eagle Outfitters [[AEO]]
  • China Sunergy Co., Ltd. (ADR) [[CSUN]]
  • J. Crew Group, Inc. [[JCG]]

Wednesday:

  • Deere & Company [[DE]]
  • Tiffany & Co. Tiffany & Co. Tiffany & Co. [[TIF]]
  • Yingli Green Energy Hold. Co. Ltd. (ADR) [[YGE]]

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Will 7,500 Hold?

Looking at the 20 Year chart, we could bounce a little here:

Now looking at all the data, it seems it’s only a matter of time before we continue our move lower.

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The MrKCbill Rally

At the point where it looked like America was doomed, when Citigroup Inc. [[C]] was trading at about $3/share, MrKCbill told everybody to jump in Citigroup Inc. [[C]] at the same time (joking of course). I thought to myself why not? I bought C at $3.15, and the market caught fire from there. Thank you MrKCbill.

In all seriousness, Obama stepped in at the right time to name his new team. If we can just get some good news from the Citigroup Inc. [[C]] over the weekend, Fly just might get his Thanksgiving rally.

Option expiration day strikes again.

Have a good weekend everybody.

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