Monthly Archive:: October 2008

How To Get Wiped Out In One Day

Bear markets are famous for violent rallies. The volatility is high and trading volume is really heavy. Huge swing can be expected in either direction. Bear markets see huge downward movement, but are always followed up mind-blowing upward spikes like the one we had today for 889 points. At every downward movement,

Job Losses Keep Piling – Will Prolong Recession

Jobs announcements from the past two days : Privately held Chrysler said on Thursday it is slashing 1,825 jobs after losing $1 billion in the first half of the year. Goldman Sachs [GS] plans to cut 10 percent of its staff, or almost 3,300 jobs after laying off hundreds of support staff

EBS Continues Its Downtrend

Yesterday I posted a blog saying downside potential for EBS is huge. I shorted EBS two days back at 17.99$, once it started reversing. I covered at 16.50$ yesterday taking 8.3% gain in 1 day. Playing it conservative and wanting to book profits, I covered. However I missed another 11% drop today.

Charts Make Trading Easy

Yesterday i was short EBS. With a big run-up, it was time for some consolidation. EBS chart tells the story. I covered at 16.50$ taking 1.5$ gain or 8.3% returns in 1 day. Again and again charts have provided excellent insight on the movement of the stock. Few factors that caused the

Excellent Analysis From

Its been a while since I read something about the stock market that made sense. Enjoy the post. As longtime readers know, we don’t put much stock in making market predictions. We’ve borrowed Marty Zweig’s famous quote many times in the past and think it is once again appropriate today. Marty said

Emergent BioSolutions Inc – Time For Reversal

Emergent BioSolutions Inc. (EBS) is a multinational biopharmaceutical company focused on the development, manufacture and commercialization of immunobiotics, consisting of vaccines and therapeutics that assist the body’s immune system to prevent or treat disease. It manufactures and market BioThrax, also referred to as anthrax vaccine adsorbed. It develops immunobiotics for use against

New Stock Market Terms

CEO –Chief Embezzlement Officer. CFO– Corporate Fraud Officer. BULL MARKET — A random market movement causing an investor to mistake himself for a financial genius. BEAR MARKET — A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex. VALUE

What Happens Next After 900 Point Rally

Bulls: Treasuries will do everything they can to jump-start bank lending. The government is now providing capital to and insuring the debt of these banks, so their solvency is no longer in question. This means we have bottomed and up we go. Bears: We have a long way to go from the

A Bear Market History

Last Friday’s rollercoaster action, with the Dow Industrials swinging wildly from negative to positive, and back down again to end the day down 128 points, capped off one of the worst weeks in U.S. stock market history. That gave the blue chips an 8-day loss of just under 2,400 – or 22.1%.