Could it be we are at the end of the inconceivable stock market rally that began in March 2009? Time will tell whether this sell-off is the beginning of something bigger or a panic and pause that refreshes. The good news is there are many tea leaves to be read and the internets are awash …
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The Inconceivable Rally is Dead…Ebola and Netflix Killed It!
I love Netflix, I just don’t own it. Tonight, I feel a little less stupid. The stock has had more panic attacks than Tony Soprano. Tomorrow it is set to open down $120 points. Let’s put it all in a perspective: The stock has broken all laws of physics for technicians. Moving on… Since September….short …
The Obvious Trade…Get Short…and The Inconceivable Rally Part 69
It has been the obvious trade since 2009…short the rallies. Woops. Pow! Margin call! Being long has been nirvana since March 2009. We have been in a buy the dips and even buy the rips market. The chasers have only been scared a handful of times, but they will always be part of the market …
Inconceivable Rally Part 86 and It is a Market of Stocks not a Stock Market
The Stock market is back at May 2008 levels which is 1420 on the $SPY. That is down approximately 60 percent and up 120 percent in 4 years. If you click here I guarantee you will know what to do next. Here is how it looks everyday on Wall Street: The markets are insane, hilarious, …
The Inconceivable Rally…Part 48
The year 2008 was fun for the ‘end of the world’ people. Of course I got caught up in the fun, spoofing ‘Asshats’ with my pal ‘The Fly ‘ . It was NOT easy picking Bill Miller from the distinguished group of thieves and yutz’s down 50 plus percent. Flash forward to April 2010 and …
The Inconceivable Rally 'Part 3'…The Upside Crash
The major rally underway is now upside crash. It is glorious. It is gathering steam, not slowing down. There is insane fuel provided by global liquidity, a weak dollar, tired sellers and now buyers scared of missing out. I have no idea when these events end, but based on the four trends above…never seems possible …
Finally..a Continuation in the 'Inconceivable' Rally
I have avoided talking stocks for a while because there has not been much to talk about. Things can change fast and it feels like they have. It is hard to be bearish when freaking Qwest Communications is getting a takeover bid. I have been adding to my longs the last week as my few …
Finally..a Continuation in the ‘Inconceivable’ Rally
I have avoided talking stocks for a while because there has not been much to talk about. Things can change fast and it feels like they have. It is hard to be bearish when freaking Qwest Communications is getting a takeover bid. I have been adding to my longs the last week as my few …
An 'Inconceivable' Rally…Part 2
My first ‘Inconceivable Rally ‘ post struck a chord. That was back in May and looking back…still a great point to buy based on today’s prices. As of Friday, the rally has become so ‘inconceivable’ that Microsoft $msft was going up. Unfortuneately for Microsoft, they are an economy (weakly run) and it makes sense that …
An 'Inconceivable' Rally…..
In March, the world was ending. I am proud of my ‘Beach Call ‘ the morning of March 9th. Today, the stock market will not go down . I am disgusted with my last three weeks of selling and fighting the tape with short sales in the S&P and Retail and my complete miss of …