Monthly Archives: October 2010

10.29.10 – Boo!

A couple of weeks ago I read some interesting articles about the haunted house industry.  It’s become a big business with its own trade organization (Haunted House Association).  The Halloween Attraction industry, which includes haunted houses, hayrides, corn mazes, to … Continue reading

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10.28.10 – Trade Like A Bandit

At this point, Wall Street is biding its time waiting for the election results.  Every national election is important but this one seems especially so.  The stock market swung to and from today as market participants position themselves according to … Continue reading

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10.27.10 – How Slow Can You Go?

The stock market closed mixed today as questions arose over whether the Fed’s plans to buy Treasury bonds might be smaller and slower than anticipated.  The Dow Industrials lost 43 points to close at 1,126,28 and the S&P 500 Index … Continue reading

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10.26.10 – I Don’t Trust Quiet Days Anymore

I keep waiting for the other shoe to drop; quiet days a.k.a narrow range days are the exception, not the norm.  Last Friday was a Narrow Range 7 day for many indexes and ETFs yet the equity markets really haven’t … Continue reading

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10.25.10 – Another Day, Another (Falling) Dollar

The equity markets rose again in reaction to the falling dollar, although it closed well below the day’s high.  The U.S. Dollar closed at a 15-year low against the Yen, its weakness  widely attributed to the inability of the G-20 … Continue reading

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10.22.10 – Blog Will Return On Monday, Oct. 25

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10.21.10 – Failure Is An Option

The late Mike Epstein, a master technical analyst who was a professor at M.I.T. and a visiting professor at Harvard, used to say that the strongest technical signal is a signal that fails.  We’ll look at an example of that … Continue reading

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10.20.10 – As I Was Sayin’….

I finished off yesterday’s blog with the comment, “market participants have very much been in a “buy the dips” mentality lately….”  Well, ain’t that the fact!  The U.S. Dollar did an about-face today and made its sharpest pullback since July … Continue reading

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10.19.10 – Sour Apples

Many people don’t like green apples because of their tartness.  The market found Apple to be too tart this morning after the company announced yesterday afternoon it didn’t sell as many iPads as analysts had hoped and a measure of … Continue reading

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10.18.10 – An Apple A Day

The market is waiting today, not for Godot but for Apple to release its earnings.  That notwithstanding the market posted some solid gains. The Dow Industrials closed up 80 points at 11,143.69.  The S&P 500 Index tacked on an additional … Continue reading

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