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Happy New Year everyone
As I've said before, I expect this to be a very green year as DC/WS push all money into stocks. This should suit the whole range of traders/investors, rather than just day traders/swing traders, as was often the case in the second half of last year.
UNXL +23%
Talk about a nice day.
Recall that one, had an amazing run earlier this year. Kept holding off buying :(
I think of them as the Mostl(e)y Fools :)
I like that it has decent option activity.
Edit: Think you'll like HLF too, similar set-up, a run into company conference.
Finally a bottom?
Only see Motley Fool articles.
Thx, will see if I can get a hold of those.
Good thing we have the Cliff to keep us entertained :)
And ruin New Year's Eve celebrations??
Found out earlier today that Draghi, head of the ECB, used to work for Goldman Sachs. A small, incestuous and pernicious financial world this is.
Well, the average American's salary has remained pretty much flat over the years, if I'm not mistaken, but government employees work harder, so they deserve a bump? Screwing over the average Joe is after all a 24/7 job :)
I like to think of regular people as oranges that need to be squeezed to the last drop.
Edit: as for the media, aren't they just too busy loving this mess and the extra viewers/readers? Everybody wins in this game.
The problem is Bernanke keeps pushing the highs - he has a magical printer specifically for that purpose :)
Not sure we'll see a 20 year cycle soon. It's getting a bit crowded in the global economy and there will be pushing and shoving.
Hell, if I'm not mistaken we make more money on red days than green ones. Think it's because money is more concentrated in those stocks actually green.
That's exactly it, the dichotomy between market and economy. The stock market is here to create the illusion the economy is AOK, as if multinational corporate America still reflects the US economy.
Which is why I expect next year to be very green as we push the feel good to the limit. As such, I've learnt to not let my convictions conflict with my trading.
Even bear markets make people money, so leaving cash on the side lines rarely an option IMO - unless you really can't check on your stocks.
A few on watch
Right at resistance.
More of an option play, but also commons are worth a look at. Has a conference scheduled in January to counter short Ackman's accusations.
In case it does the trip to $7 this time.
One the thé runners this year, can we have an encore?
Volume's still there.
Recent IPO, worth keeping on watch.
Hugging resistance. Quite the run already.
Possible DB.
Charts in this market are about as useful as a swimming pool on the moon.
Ugh.
Looks like some new volume coming in - you may well be right :)
Well, was one of the few tickers I listed yesterday. Never got in, busy elsewhere :)
Quite the bounce + vol.
These solar stocks don't give a 0 about the cliff. Nice.
Magnum Hunter announces significant Eagle Ford Shale results
Magnum Hunter Resources announced production results from two new Eagle Ford Shale wells operated by the company. Both wells went on production December 22. The Rhino Hunter #1 located in Lavaca County, Texas is producing approximately 2,033 barrels of oil per day and 1,113 mcf of natural gas, or 2,218 boe/d, on a 16/64" choke. Magnum Hunter owns approximately 48% working interest in the Rhino Hunter #1. The Zebra Hunter #1 is also located in Lavaca County, Texas and is producing approximately 1,995 barrels of oil per day and 898 mcf of natural gas, or 2,145 boe/d, on a 16/64" choke. Magnum Hunter owns approximately 45% working interest in the Zebra Hunter #1.
U.S., China fight over audits of companies in China, WSJ reports
As U.S. regulators and Chinese authorities battle over the right to oversee audits of companies in China, a number of U.S. multinational firms could suffer collateral damage, reports the Wall Street Journal. If the SEC prevails, the firms could be banned from auditing dozens of Chinese companies listed on U.S. markets. An SEC victory also could affect U.S. multinationals like Apple (AAPL), Qualcomm (QCOM) and Kimberly-Clark Corp. (KMB) that have major Chinese operations.
Financing (should've) closed yesterday so agree, this could be the start of a reversal. Perhaps 80c as first stop.
Busy day in pinky land
This one up after some no-name analyst says shared undervalued. You have to read the PR, hilarious.
This one keeps getting recycled, hard to believe after all these months.
Almost a double in one week.
Apparently has had an 8-K linking it to Pfizer.
Nice EOD dumping, worth watching for a bounce/recycling.
FARE: Same as above
There ya go, winning lottery ticket :)
Nice one.
Nice stuff, one day sure can be diff from the next in pinky land.
ENPH: +24%
Heading for the 100MA. Weird stock.
Synergy Pharmaceuticals begins Phase IIb trial of Plescanatide in IBS-C
Synergy Pharmaceuticals (SGYP) announced that dosing has commenced in a Phase IIb clinical trial of plecanatide to treat patients with constipation-predominant irritable bowel syndrome, or IBS-C. This trial is being conducted at 70 sites in the U.S. and includes 350 patients with IBS-C who will be treated with one of four doses of plecanatide or placebo, taken once daily over a period of 12 weeks. PAREXEL International (PRXL) is the Contract Research Organization for the trial.
LDK Solar ordered to pay RMB294M in damages, RMB3.4M in court fees to JYT
Around $47.5M.
Please repost your list without the OTC stocks. If we start allowing mixed posts, this will become a slippery slope very fast.
Thx for understanding.
So they're pulling FARE back to life, huh. Perhaps they'll take it to the 50MA again, pinkies being so chart minded :)
You light in PBCW, $F?
That's what many people expect re: MTG
In the short term, bit of a multi-top here next stop 3.05-3.10
Crazy stocks, I know. Wonder what happens when merger finally done.
LEI: +20%
Tough market out there, at some point even strong ones start to feel the drag. GL :)
Why not, reversals lately have been flying :)