Dr. Kris'  Instablog

Dr. Kris
Send Message
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
My company:
Stock Market Cook Book
My blog:
Stock Market Cook Book
  • 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.

    Stocks: GASL, BOIL, UGAZ, USLV, NUGT, EIS
Back To Dr. Kris' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

  • It's a shame that SA got rid of the feature allowing users to look at the Stock Talks of a particular stock. I used that a lot.
    7 days ago
  • Hello? Telecom etfs $IYZ & $VOX gapping above resistance to hit all time highs.
    7 days ago
  • Losing altitude: Airline stocks off 3-5% today--$LUV $RYAAY $HA $SAVE. At new yearly lows: $UAL $AAL $JBLU $ALK (retesting Feb low).
    Jun 14, 2016
More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.