Yesterday was way too easy. It's what Cap calls a "Free Money Day" in the markets, where you have some obvious good news and everything goes straight up all day, rewarding all participants with a shower of cash. It was certainly just what we needed after a relentlessly bad month. We flipped more bul...

A maelstrom is a powerful whilpool, once described by Edgar Allen Poe : " Here the vast bed of the waters, seamed and scarred into a thousand conflicting channels, burst suddenly into phrensied convulsion - heaving, boiling, hissing - gyrating in gigantic and innumerable vortices, and all whirling a...

China is leading the markets this morning. Word is that Chinese Premier Wen Jiabao may announce new stimulus measures tomorrow , adding to a 4 Trillion yuan ($585 billion) spending plan as the government tries to revive growth in the world’s third-biggest economy. Wen will announce “a new stimul...

This is getting tedious! We were bearish going into the week but not this bearish. It is unusual though that we have a weekly wrap-up with nothing but negative plays as we did last week but there was nothing very positive in the outlook after the action of the week of the 16th through the 20th, pict...

Boy am I mad! It was brought to my attention last night that Jim Cramer has stolen my plan, which I called " The 3% Mortgage Solution " in my Feb 9th column, and simply added a point to it and claimed it as his own on national TV . I'm not sure how to feel about that - I'll be glad if the plan is us...

They say any crash you can walk away from is a good one but this sure doesn't feel like it. Let's not forget, it's been a short week. Last Friday moring I had said : "Dow 7,800, S&P 820, Nas 1,460, NYSE 5,100, Russell 437 and SOX 203 all better continue to hold today but, even if they do, we’r...

Another disappointing week! Once again it was only what we expected so no big deal as we went into last weekend ready for the bear if the stimulus plan failed to give us a boost. Even so, finishing back near the November lows is downright depressing. On Friday, the 6th I said the energy sector could...

What a great week! I am so happy we stuck to our guns after that very disappointing Monday session. Fortunately, after the awful finish the market had to last week , I went into last weekend's Economic Overview with the full intention of making a bear case for the market going lower and ended up rea...

What a great time we had yesterday! Despite the myriad of market concerns, I closed the morning post saying we would be shopping our Buy List and, at 10:03 , I cautioned members to put stops on our put plays and at 11:13 I felt good enough to lay out my 25 favorite plays of the moment off our Buy Li...

Now what? In the Weekly Wrap-Up we were discussing the 5% rule in detail and I said of last week's action to members: "Finishing at the 5% rule is considered a bad thing as it means the index simply ran into a wall and didn’t have the push to complete a breakout in one day and it’s rare that the...