Friday November 13, 2009

<< Go to Page 1 of Friday Roundup

November 12, 2009



WALL STREET’S DIRTY SECRETS

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November 11, 2009



There wasn’t much news other than more bullish thinking that low interest rates are with us as far as the eye can see. Markets are getting a little overbought now as dip buyers have pounced on stocks once again. News was sparse other than most companies continue to post losses but are beating estimates. Applied Materials (AMAT) shares rose nearly 2% after they announced another 1,500 or so job cuts. Yeah, it’s a brutal business this.

<< Return to page 1 - Dip Buyers Pounce on Stocks

1) How, if at all, do you use leveraged ETFs in your own portfolios?

At the ETF Digest, we’ve recently launched an all leveraged ETF program for Dave’s Special Portfolio. In it we’ve broken down the current group to a dozen that are currently popular based on performance and liquidity. At the same time, we keep another two dozen or so in reserve to bring out as interest and liquidity build. Our approach is very short-term, with holding periods of a day or so if unsuccessful, to no more than two weeks if successful.

November 9, 2009



BENNY AND TIMMY WANT TO PUMP YOU UP!

<< Return to page 1 - Weak Volume, Weak Dollar, Big Rally

November 6, 2009




ASK ALICE, I THINK SHE KNOWS

<< Go to Part I: Ask Alice, I Think She Knows

November 5, 2009



WALL STREET ROULETTE

Wow! You can’t make up this much two-way action except with a roulette wheel. For the tourists, Da Boyz got the DJIA back to 10,000 but volume was again relatively light which is mystifying. Once again shorts are squeezed and this two-way action is difficult for most investors to either trade or comprehend. The action today was based on “better than expected” lousy numbers from CSCO and lower Jobless Claims (which, by the way, are still high).

<< Return to page 1 - Wall Street Roulette

November 4, 2009



President: “Mr. Gardener, do you agree with Ben, or do you think we can stimulate growth through temporary incentives?”
Chance the Gardener: “As long as the roots are not severed, all is well. And all will be well in the garden.”
President: “In the garden.”
Chance the Gardener: “Yes, in the garden, growth has its seasons. First comes spring and summer, but then we have fall and winter. And then we get spring and summer again.”
President: “Spring and summer.”
Chance the Gardener: Yes.
President: “Then fall and winter.”
Chance the Gardener: “Yes”.
Benjamin Rand (nee Bernanke): I think what our insightful young friend is saying is that we welcome the inevitable seasons of nature, but we’re upset by the seasons of our economy.”
Chance the Gardener: Yes! There will be growth in the spring!”
Benjamin Rand (nee Bernanke): “Hmm!”
Chance the Gardener: “Hmm!”
President: “Hmm. Well, Mr. Gardener, I must admit that is one of the most refreshing and optimistic statements I’ve heard in a very, very long time. I admire your good, solid sense. That’s precisely what we lack on Capitol Hill.”

<< Return to page 1 - Creating a Liquidity Bubble

November 2, 2009



STOCK MARKET THRILL RIDE

<< Return to page 1 - Market-Related Whiplash

October 30, 2009





HEAVIER VOLUME SELL-OFF AGAIN

<< Go back to Page 1: Heavier Volume Sell-Off Again

October 29, 2009



THE OVERSOLD RALLY, AS ADVERTISED