Sellputs

When Will Banks Start Lending Again?

Simply when trust is restored, and all the shoes have dropped.

China: Fundamentals in Question

Your spot on, more negative news is going to start making its way into mainstream media. Once this happens the money will start draining from their system.

Google Adds 30,000 App Users in Biggest Enterprise Deal to Date

I use google app suite, if it were not for the ease of use and cabaility i would not even be publishing a site. Google has it figured out, i still believe it is only the beginning for them.

Derivatives Regulation: Let's Take Time and Do It Right

This scares me, the Penny Pilot programs going on with in the options arena is taking its toll on volume and profitablity for smaller traders. The regulators have had quite a bit of problems getting this going, imagine what this is going to play. I am im favor of a common exchange for CDS and other derivatives.

The Worst Case Scenario (Someone Has to Say It)

MOst of the scenario's are a bit far fetched, but clever indeed. I do believe in the hyperinflation which will essentially be splitting each us dollar into two us dollars. But all in all that was a great read, got me thinking.

A Bull Market That Few Are Buying

To all the technicians out there, like myself, the market looks toppy. Hell, we all know this market is overbought on just about every indicator but this does not matter. Retail trading in my mind has really caused this market to overshoot, just like we overshot 20% down during the "crash". Whatever the case maybe, one fact remains, people are tired. When I say people I mean the kool-aide drinkers who believe anything cnbc and the likes tell them.

*FOLKS anything hitting CNBC, whether it maybe a popular market theory or sentiment, is old news!! Ill admit i have CNBC on when i am trading, but not for stock tips or insightful drivel. I keep it on in CASE some ridiculous news is first broke on CNBC, like the BS news on a takeover of Sprint SK Telecom Merger, i believe it was later summer 2008. This news came out around noon and it sent Sprints stock flying, only to drop back like a rock after Gasparino corrected himself, scammers. Rant over.
Anyway, the reason i bring this up is, do you own due diligence because if you do not you may get stuck holding the bag when the smart money turns this market around. CNBC = wanna be smart money but is always late to the party.

The reason this market is tired comes down to retail trading being shaken out of the market, possibly because people stuck in these 3x bear products havebeen horrificly beaten down in the near term are losing interest. People who are not seasoned traders, or those who have been forced to trade because they are looking to clear up a wash sale are getting worn out with this daily grind. Bids are beginning to lighten up and volume is getting lower, possibly signaling people simply cant sustain they must stop. When this happens the market will fall, the kool-aide drinkers will sell in a cascade.

Indicator Update for May 12

The chart does mean something, just do not use it to soley base your descisions... just a peice of of the Due Dilligence pie.

Monday's Closing Update

Bring on the bears, Most of these names closed on lows. Signaling persistant bear pressure throughout the day. Tomorrow looks like another day of downward pressure, the real selloff begins when people are not quite keen on it happening.

Oil and Stocks Trading Together

Recoupling has taken place, so as long the dollar keeps moving higher.

Sectors Trading with Short-Term Bullish Bias

Could this week be the turning point? Iv been following you on twitter for quite a while, keep up the good tweets!

Battle of the Retailers: American Eagle, Abercrombie and Aeropostale

These brands are beginning to face competition from the likes of H&M, the more hip and designer oriented cloths. I wore these brands when i was much younger, and even then i felt they were "Tired". Macro horizon appears to be down in my mind. Short term we may see a pop.

Options Expiration Week Performance

IS what you are talking about the phenominon known as "pinning", where as the underlying is pinned 2 the strike which has the most open interest, as people are hedging and what not 2 keep the position delta neutral.

What Is the Real Unemployment Number?

Much higher than anyone could see, if you include recent college graduates who cannot find jobs. Also individuals who file a 1099, you never know if they actually have any work.

How Will We Know When the Recession Is Over?

The recession will end when we least expect it, akin to a market bottom. Steel is a good indicator of market wide industrial output, mills are still closing doors to this day. Good article though, very detail oriented.

Microsoft to Issue Bonds: Will It Go Shopping?

40 Billion? i agree it is worth more than 1 billion but whoa! Back to the article, microsoft could put the cash 2 some better uses, considering they are raising 1+ billion in a bond offering. They are basically dying 2 get their stock price up.