The win streak couldn’t go on forever.  Housing is bad and unemployment is trying to catch up.  I still don’t see a light at the end of this tunnel, so stay patient if you’re waiting for long term entry points.

The market never ceases to amaze me.  After a volatile morning, things were pretty uneventful later in the day.  Oil continues to drop, but it’s still in the healthy correction stage and shouldn’t be cause for the oil bears to celebrate yet.  To me, the most interesting news came after the market close, when [...]

Wabtec "provides technology-based equipment and services for the rail industry."  We all know that guys like Warren Buffett and Peter Lynch love unsexy businesses, and this company fits the bill.  Of course you’ll be lucky to make any money if all you do is buy up companies in boring industries, but this one [...]

The market was surprisingly strong today.  After opening down, it managed to bounce back despite a lack of great news.  AAPL managed to claw it’s way back to end just a couple percent down, showing surprising strength much to my chagrin.  I guess it’s good that it’s not hitting a buy point yet, since [...]

The trading day was fairly quiet most of the day.  BAC started the banks off well after reporting a better than expected profit of 72 cents, still down 41% from last year though.  AAPL had their call after the market close and they reported a great quarter, but a weak outlook leaving their shares currently [...]

I just noticed that my old design didn’t work with Internet Explorer 8.  Since making my site unreadable to one person probably means I’d lose half of my reader base, I decided I should “redesign” my site (meaning I should go find a new Wordpress template).  If that doesn’t make sense to you, it probably [...]

Friday was a day where the indexes greatly diverged.  Led by GOOG and MSFT, techs tumbled across the board taking the Nasdaq down while the S&P 500 and Dow were mainly unphased.  We’ve surpassed one of the lower highs, but we’ll have to start setting higher lows for it to mean anything.  That means I’m [...]

The day was up a bit, but the volume support wasn’t there again.  While this qualifies as a mild corrective bounce now, it looks like it may be difficult to continue the uptrend with GOOG and MSFT dropping 7% after their earnings calls failed to meet expectations.  It’s interesting to me that if you search [...]

The bounce came today just as were starting to think the drop would never end.  Wells Fargo turned in a quarter that was above expectations to turn the financial sector around.  While good, there wasn’t as much volume support as you would like to see in a true turn around.  Hopefully this bounce will extend [...]

Financials were blamed for another brutal day in the market, even as the stalwart JNJ had good things to say.  INTC and JAVA both had good news after the market closed, so if that’s not enough to at least get the techs bouncing tomorrow I don’t know what is.  The volume on the bounce will [...]