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Dr. Kris hails from the land o' lakes, beer, bratwurst, and Bucky Badger. She traded in her cheese hat for a propeller beanie and has never looked back. She has two degrees from MIT because one just wasn't enough. Her life goal was to figure out the universe and having done that (at least to her... More
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  • Intraday Market Notes: Is Nat Gas Starting To Heat Up? -- Sept. 27 0 comments
    Sep 27, 2012 3:36 PM | about stocks: GASL, BOIL, UGAZ, USLV, NUGT, EIS

    3:20 pm ET: News of further global central bank easing (this time from China) put the kibosh on yesterday's risk-off trade. The risk-on trade is back in full swing as stocks make a nice advance helped in part by fund-managers doing some end-of-month window dressing. This is likely one of the motivations behind Apple's (NASDAQ:AAPL) big advance today.

    Considering this mornings big rally it's not surprising to see some profit-taking an hour before the close. While the VIX did make a monster move back to the downside, it still has more room to move to fuel further upside movement.

    The major action today was directed towards people exiting short etf/etn positions and moving into selected long and leveraged long funds: silver (NASDAQ:USLV), gold miners (NYSEARCA:NUGT), and especially natural gas (GASL, BOIL, UGAZ). In the country fund space, the Israel etf (NYSEARCA:EIS) broke $40 resistance and is looking to retest its previous high of $44 (barring a confrontation with Iran).

    Note to Subscribers: There is one new Stock Darling and I'm working on a new Stock of the Day.

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