| stablevalue.com a blog on stock market and things of interest |
Posted by btr Thu, 05 Jun 2003 23:20:12 GMT
DOW crossed over 9000 yesterday and today. The weekly chart shows it's right at the prior high in August of 2002.
The daily chart shows a dragon-fly doji today, a reversal pattern.
However, NASDAQ continues to move higher strongly.
Waiting for setup to put money in ...
Posted by btr Wed, 04 Jun 2003 16:00:00 GMT
On June 4, 1989, the Chinese government brutally crashed the student-led democracy movement by military force.
The days and nights of month-long hunger strike and following days during the martial law are still vivid in mind.
The ambulances ... directing the traffics and guarding the life lines along the Changan street ...
The low flying military helicopters ... blocking the subway stations ... the buses with flat tires sitting in front of subway entrances ... the rumors that the troops are in the subway tunnels ...
The AK-47 automatic gun-shots heard from all directions and tracers seen in the sky ... the tanks and APCs speeding from many directions ... the fires in many places ... the waves of moving troops from the darkness behind the large buildings along the Tiananmen Square ...
The PLA assault team raiding the monument in the center of the Tiananmen Square where we stayed until early morning on June 4 ... the tanks crashing into the camps ...
The long withdraw back to the campus ... the deaths of fellow students ... the silent rainny nights except hearing gun fires from distance ... sitting on the roof top at Tsinghua ...
The hopelessness ... the angers ...
...
May the fallen heros rest in peace!
Posted by btr Sat, 31 May 2003 14:26:26 GMT
If you think the bond market is close to its top, you might consider shorting it. How? Here's one way to short bond - buy this Rydex Juno fund (RYJUX) (annual expense ratio 1.4%). The downside risk is that the interest rate may go even lower or stay low for a while. The upside is that the interest rate moves higher.Posted by btr Fri, 30 May 2003 19:45:59 GMT
The market went up again. Both NASDAQ and DOW are almost at their 52 week highs. Although it could move higher, there is nothing wrong taking profits here.Posted by btr Wed, 28 May 2003 23:49:02 GMT
I did some research on ETFs for fixed income and market exposure in China at ETFConnect. Here's the list:
Posted by btr Wed, 28 May 2003 00:11:17 GMT
I read Hitman's Hitlist quite often. It's a interesting saga of love affair, trading, and many things in life.Posted by btr Sat, 24 May 2003 14:28:34 GMT
Long MSFT calls: it held right at support level @24 and both BB and stochastic at extremes after a week of selling fuled by rumor of insider selling - it turned out that Steve Ballmer sold 39 million shares.Posted by btr Wed, 21 May 2003 00:57:52 GMT
HPQ earning should lead market higher tomorrow. HD jumped about 9% contrasted to LOW's 9% drop yesterday! Little changed on all indexes.Posted by btr Tue, 20 May 2003 00:30:37 GMT
DOW dropped 185.58 to 8493.39 below 8500. NASDAQ closed @ 1492.77 below 1500 and Russel 2000 closed @ 408.32.Posted by btr Fri, 16 May 2003 20:50:46 GMT
DOW closed @ 8,678.97. It's still in the uptrend, but it seems stalled a little bit. Russel 2000 dropped to 414.69. NASDAQ closed @ 1,538.53. If it's not topped, it's close."Two years ago, the Beijing-based technology analyst Bill Bishop argued that it would be hard for China to build soft power successfully without a global Internet strategy: hard to win hearts and minds when you censor Twitter and Facebook, language would be a barrier, and no major Chinese Internet f more
Bank stocks have been shellacked lately as investors worry about what impact the foreclosure scandal will have on the results for the nation's largest financial institutions. more
The market is on one mission, and that is to break through 2011 highs. Today we saw it crawl ever closer as the NASDAQ finished within 1% of 2887.75 (.0972% to be exact).Original post: February 2nd, 2012 Market Recap with look at ZNGA Breakout more
Republican frontrunner easily defeats Newt Gingrich in the Nevada Republican caucus, building his lead in his bid for the party’s nomination to challenge President Barack Obama in November. more
The IPO market is really beginning to catch fire with the tech industry partying like it’s 1999. The party lights glowed and the DJ began spinning the beats before the LinkedIn (LNKD) IPO a couple weeks ago and the party will continue reaching a feverish pitch with a Groupon (GRPN) IPO. more
E-Trade ( 2 comments! more
U.S. stocks rallied Friday, as investors cheered a much stronger-than-expected jobs report. more
This is a guest post by Derek Devore, an experienced options trader. Find out more about his OptionBoost Video Training Program at http://optionboost.com One of my favorite structures when I’m evaluating a position which is slow moving, but is on its way to reaching a particular price point, i more
Asian stocks dip ahead of US jobs data later in the day, while downbeat corporate earnings continue to sway investor sentiment more
“The market doesn’t know your emotions or care about your portfolio. The market is moving on. And so should you.” – Terry Savage One of the most challenging aspects of trading is learning to understand and appreciate that our constant desire to be right and smart in the marke more
Investors thinking about Facebook should consider a mathematical riddle that shows how growth stocks can get overvalued so easily. more
Does France want to keep running to keep up with Germany; or does it want to lead a rebellion against economic orthodoxy, asks Philip Stephens more