Good morning. Premarket futures are pointing to a negative open as investors react to the largest bank failure in US history. Last night Washington Mutual was the latest bank to go down in flames. With the Fed's help, JPMorgan agreed to ... Go to Full Article

In case you haven't seen this NYSE notice just out:. 8:49am 09/26/2008. Important update regarding NYSE trading in Washington Mutual Inc. (WM) and Washington Mutual Preferred K (WM PRK) today, Friday, 26 September 08. ... Go to Full Article

* More On Risk Taking - My recent post focused on personality factors that are associated with risk-taking in financial situations. Studies also show that brain mechanisms and endocrine levels are associated with risk-seeking and ... Go to Full Article

Nothing so needs reforming as other people's habits. ~Mark Twain. Go to Full Article

In a testament that classic technical analysis is still ‘working’ in this environment, the US Dollar Index supported at the $76.00 level, which I highlighted in prior posts “US Dollar Index and Support” and “Dollar Index Targets ... Go to Full Article

The proposal formerly known as the Paulson Plan is in trouble. We have suggested that new policies are difficult to pass, especially in a short time frame. The market incorrectly responds to any apparent agreement between some of the ... Go to Full Article

Well, it looks like we'll have a full-fledged bailout done by Monday. No matter how I feel about the matter politically, as a trader I'll be happy when it's complete. That way, the market can get back to trading with some conviction. ... Go to Full Article

Nothing at all like last week, but if we can hold above 11000 by 3pm, we could get a nice pop going into the close. I fully expect Gasparino to come out after 3:30 with some sort of bullish news/rumor to cement the day in the green. Go to Full Article

Chart courtesy of stockcharts ( click to enlarge ). BRCM - The immediate support zone for the stock lies at the $19. A close below this level would push the stock to lower levels of $18.72-18.55. However, the break of $20 would send ... Go to Full Article

Nowadays most all hydraulic equipments use bearings. From garage doors to mechanical hydraulic lifts all need bearings to open, to close and in some cases to be moved. Even door locks use very small bearings. ... Go to Full Article

I sat down with a young day trader before the market open and asked his strategy for the morning session. "I'm bearish," he explained. "The markets have all been down overnight." "Do you know what the correlation is between the ... Go to Full Article

I haven't been able to post any charts the past couple of days due to a sudden Business trip I had to take. I'm not sure it would of made a difference however, as it's been slim pickin's recently. The markets seem to be transfixed on ... Go to Full Article

Unless you’ve been living in a cave, you know that there is total carnage in the stock market, especially within the financial sector. By the way, if you have been living in a cave, congratulations on a very astute real estate investment.Anyway, bank and investment bank stocks are trading at...

I got a few emails from people who didn’t believe what I posted about all the crazy action on Friday — like ORCL and CMCSA hitting $0.01. Well, maybe they’ll believe the Wall Street Journal, which has finally reported on all those bad ... Go to Full Article

I was recently asked about how I determine my “universe” of stocks. That is the stocks that I consider fair game to be traded. I use different filters for swing trading and day trading but they do have similar criteria. ... Go to Full Article