• Cisco’s John Chambers Writes a Staff Memo — Is John Chamber’s getting worried?  Well, if he isn’t he should be.  The reason I ask this question is that the CEO of Cisco, which I have lately been calling “Miss-Co” has pretty much sucked as far as capital allocation and... More »
    Apr. 6, 2011
  • Potential breakout in Ultra Oil and Gas ETF (DIG) - April 6, 2011
    The Wagner Daily - April 6, 2011 Concise technical analysis and picks of the leading global ETFs Commentary: Stocks ended the day virtually unchanged but on heavier trade. The major indices moved higher in the morning but the 2:30 pm reversal period brought late day selling pressure that drove... More »
    Apr. 6, 2011 DIG, DIA
  • Is Something About to Happen to Steve Jobs? — Just a thought but the timing of today’s special NASDAQ 100 rebalance is interesting.  The last special rebalance was in 1998, a full 13 years ago.  Why did the NASD decide to do another rebalance today.  Well, admittedly, the index has gotten... More »
    Apr. 6, 2011
  • Strong Earnings Strong Stock Market?
    Earnings Season: Strong Earnings Mean a Strong Stock Market -- Right? Earnings season is upon us, so it's a good time to delve into how earnings affect stock prices. Here's an excerpt from Bob Prechter's February 2010 Elliott Wave Theorist. It considers the conventional belief in a cause/effect... More »
    Apr. 6, 2011
  • Focus On Stocks Emerging From Base, 9 Positions
    04/06    8:30amOn Tuesday, major indexes closed mixed on average volume.  This morning, futures are pointing to a HIGHER opening for the major indexes.  Focus is on stocks holding above the 50dMA & close to / meeting the CRITERIA. ... More »
    Apr. 6, 2011
  • A Fistful of Reasons (Still Don't Matter)
    Daily State of the Markets Wednesday Morning - April 6, 2011 How tough is it to be a bear these days, you ask? Well, by my count, there were no fewer than eight negative headlines for the bears to try and take advantage of on Wednesday. And yes, a couple might be considered retreads. But... More »
    Apr. 6, 2011
  • U.S. Equity Futures Advance on Strong German Factory Report
    This morning.  U.S. equity markets are strong and strengthening after German factory orders beat forecasts. Asian equity markets closed mixed, but Chinese equity markets continued their advance, reaching their best levels since mid-November.  Financials are market leaders in both... More »
    Apr. 6, 2011 PACW, WBS, PNFP
  • TAM's Pedagogics: April 6th, 2011
    Since the 3/16 low the markets have been inspiring hope for the Bulls and sweatin’ the Bears. Yesterday’s action was no different and akin to watching the World Series when one team is up 3 games to none. As the SPX top-ticked the 1,338 (2/22 gap-fill) around 1pm yesterday... More »
    Apr. 6, 2011 SPY
  • Forex4you Technical Analysis 06 April 2011
    EUR/USD: Technical AnalysisThe market is "bullish" and the price is currently testing new local maximums at 1.4300/10 level. Indicators suggest further up trend as well, although MACD divergence together with R% are warning of a large scale correction, that may commence any time. A... More »
    Apr. 6, 2011
  • Today's All Things Forex Broadcast: EUR and GBP Outlook ahead of the ECB and BoE Meetings
    In the broadcast today: EUR and GBP Outlook ahead of the ECB and BoE Meetings. In preparation for the upcoming Bank of England and European Central Bank interest rate announcements, we focus on the EUR and the GBP and ponder if the monetary policy decisions from these two major central banks... More »
    Apr. 6, 2011 DIA, EEA, GBB