tag:blogger.com,1999:blog-125427052012-01-20T14:34:42.799-08:00Managing Money in the Capital MarketsTheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.comBlogger3911100tag:blogger.com,1999:blog-12542705.post-27761279502111663932008-01-22T05:35:00.000-08:002008-01-22T05:44:33.687-08:00

Today is going to be one hell of a day in the equity markets. Dow futures are showing an open of down 500 points. The way things are shaping up I expect the circuit breakers to be deployed especially as the Dow flirts with minus 1000. This will be the biggest market crash since 1987.The Fed has stepped in and cut rates by 75 basis points . A Fed cut at this stage is like treating cancer with

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com17tag:blogger.com,1999:blog-12542705.post-86749421681804468112008-01-18T05:28:00.000-08:002008-01-18T05:54:14.068-08:00

The Dow Jones Industrial Average is an index composed of 30 stocks. IBM XOM BA MO MMM UTX PG JNJ CAT KO make up just under 50% of the index. These 10 stocks lead the Dow up or down. If these stocks start gaining strength, it is almost a certainty that the Dow will too and vice versa. Keep an eye on the movement of these stocks and you can time the Dow intraday. Today for instance, IBM is up

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com6tag:blogger.com,1999:blog-12542705.post-52765172265548224742008-01-16T06:21:00.000-08:002008-01-16T06:28:48.402-08:00

The futures are starting to climb here this morning. The Asian market were killed though Europe is recovering and it appears many indices will finish in the green. After being murdered in after hour trading, it appears INTC is recovering here after a Morgan Stanley upgrade this AM. Would not surprise me if we rally all day after a lower open. Also keep an eye on the Yen which needs to weaken in

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com2tag:blogger.com,1999:blog-12542705.post-13213316645177283902008-01-15T15:42:00.000-08:002008-01-15T15:50:38.257-08:00

This aptly titled movie could be referring to the stock market itself. There will be Blood. How true. In after hours Intel INTC is being disembowled after reporting soft earnings and weak guidance. Futures are down by alot and tomorrow is likely to see an open a few hundred Dow points down. Option expiration is on Friday and I do suspect we could get some upside after some panic selling to start

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-63897339823901998052008-01-14T14:17:00.000-08:002008-01-14T14:49:05.612-08:00

A welcome rally for bulls and in some cases bears as it allows them to reload short positions. In any case I feel this rally may be very short lived considering the economic data releases on the horizon . Producer Price Index and retail sales tomorrow along with the New York manufacturing report. Consumer Price Index and and Industrial Production reports on Wednesday with Housing Starts and the

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-81344037533430456662008-01-11T16:16:00.001-08:002008-01-11T16:26:55.534-08:00

Watching Kudlow and Company here. You really have to wonder what Larry Kudlow and some of his guests are smoking. I thought I heard someone say how great they thought financials would do the rest of the year. This Don Luskin fellow thinks the stock market does well during recessions. Wow ! He's obviously on Ecstacy - the club drug. Larry Kudlow is dressed like a clown and everytime his mouth

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-91128389903976288952008-01-10T11:40:00.001-08:002008-01-10T11:42:47.750-08:00

Or any other tanned Italian men in general. Looks like Countrwide may be saved via rumors of a takeover by Bank of America. If this is the case, than look for a strong market rally especially in the financials. A short term bottom appears to be in place. BAC injected $2 billion in Countrywide back in mid August which also market a market bottom. I expect the markets to continue their downtrend in

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-71196467721001592482008-01-10T11:04:00.000-08:002008-01-10T11:12:32.054-08:00

Judging by the market reaction following the Bernanke speech this afternoon, he didn't bring hope to the bulls. The indices jumped in anticipation with the Dow in triple digits. Those gains evaporated soon after. What is Ben supposed to say or do ? Staving of a recession at this point is a highly unlikely scenario. Cutting rates further will only be inflationary. It won't save the markets or the

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-36464863695466631032008-01-09T09:26:00.001-08:002008-01-09T09:27:44.155-08:00

I'm expecting news of an emergency rate cut sometime soon maybe even today. If the market continues this downslide there will be some sort of intervention. We had a rally going this morning but things started falling apart. We are up barely.

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-90295757881444850212008-01-09T06:25:00.000-08:002008-01-09T06:33:34.938-08:00

After having officially broken all types of support - The Dow at around 12700, the S&P at 1400 and the Nasdaq at around 2540 it looks like we are officially in a bear market. Can't argue the facts. Slower growth ahead and a recession on the horizon though by my count we are already in one. Despite the bearish picture on the horizon I am looking for some type of bounce and even a sustainable rally

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-55287178570351854342008-01-08T05:10:00.000-08:002008-01-08T05:35:52.586-08:00

After a 7 day losing streak in the Nasdaq in which we've lost over 200 points I expect a sharp bounce either today or tomorrow. There is a gap that needs to be filled at the 2600 level which is a 100 points higher and we may just get there. Its times like this when people are about ready to throw in the towel that sharp rallied occur. And we are extremely oversold on an intermediate term basis.

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-894264926328026172008-01-04T10:35:00.000-08:002008-01-04T10:46:05.819-08:00

Many financial commentators over the last few months have pointed out low unemployment/full employment as a sign that the economy is strong . Nonsense ! When unemployment is at its lowest, it only has one way to go and thats up. Today was evidence of this via date showing the highest unemployment/ jobless rate in 2 years. Be bearish when unemployment is at its lowest and bullish when its at its

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-87162080407959417132008-01-02T09:31:00.000-08:002008-01-02T09:42:06.699-08:00

I am selling a little of my ultra short positions here. Taking a little profit on QID SRS FXP SKF.The Chief Marketing Officer at NTRI recently spent $2 million of his own money to buy stock. That says a lot. NTRI is a strong buy under $30.Now that we've hit $100 oil I think we turn back. I think oil will trade as low as $70 this year especially on the back of a slowing global economy.The drop in

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-45844187391797285362008-01-02T06:21:00.000-08:002008-01-02T06:51:22.423-08:00

HAPPY NEW YEAR ! Prosit Neujahr ! Bonne Annee ! Kenourios Chronos ! Feliz Ano ~Nuevo ! S Novim Godom ! Antum salimoun ! Xin Nian Kuai Le ! Naye Varsha Ki Shubhkamanyen !After an extended break I am ready for 2008 . Looking ahead some of the key themes that Isee are as followsStrengthening of the Yen and hence a weakening of the global stock market via unwinding of the Carry Trade ( borrowing

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-30245516147861393822007-12-17T07:11:00.000-08:002007-12-17T07:19:11.122-08:00

The 13200 number appears to be an important level for the Dow. Its around the early December lows. A close below 13200 could see a pullback to test the November lows.The S&P 500 is currently below is support level of 1460 and is signalling a retest of 1400 is in order.The Nasdaq appears to be ready to fill its gap around 2580 or so.The markets are weak this morning despite the Fed credit auction

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com2tag:blogger.com,1999:blog-12542705.post-12116613822435264952007-12-14T09:34:00.000-08:002007-12-14T09:39:41.667-08:00

Will we get a strong close like yesterday or will we sell off ? The market opened weak and attempted a rally and currently it is retesting the lows. A successful test may mean a rally into the close. From a bullish perspective a strong close is good. But I am currently leaning more towards the bearish side and I wonder what happends if we don't get a strong close. The wheels could fall of the

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-19309459349169145002007-12-13T13:29:00.000-08:002007-12-13T13:43:07.602-08:00

Or perhaps don't bet on the bear. Either the bulls have remarkable resilience or the bears lack the ability to take control of the market. To be fair, the bulls have Bernanke on their side in the form of liquidity injections - don't think I didn't see that liquidity injection today Ben ! As I mentioned in my earlier post, I expected a late day rally if the bears were unable to force the issue.

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-26794749735862021482007-12-13T07:44:00.000-08:002007-12-13T07:56:33.040-08:00

The market has opened weak today though the bears have not really taken full control with the bulls still hanging around. If this continues, I think the bulls could come back strong in the final two hours of trading.A few numbers to look at. 14198 13962 13780 . These are three intermediate tops set on the Dow between early October and now with the latest figure occuring on Tuesday. The lows have

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-14600481787541094642007-12-12T09:49:00.000-08:002007-12-12T10:00:53.933-08:00

The rally today has been extremely fadeable. I stared in shock as I witnessed the Dow up over 200 with the Nasdaq and S&P up over 50 and 30 respectively. All this because of the news that the The Federal Reserve, European Central Bank and three other central banks are moving in concert to alleviate a credit squeeze by pumping liquidity into the credit markets via auctions. This move is just

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-38462395642725376292007-12-11T13:21:00.000-08:002007-12-11T13:32:45.242-08:00

Not quite the middle finger - an unchanged rate would have been the equivalent but close enough. A half point interest rate cut expectation by Wall Street was not on the cards as the Fed choose to cut rates by a quarter sending the stock market substantially lower though based on the volatility over the last few months , a 295 point drop in the Dow with 66 points on the Nasdaq and 38 on the S&P

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-19279176548713259732007-12-10T06:17:00.000-08:002007-12-10T06:31:19.576-08:00

The mortgage mess is just starting . Subprime was just the tip of the iceberg. This article by a mortgage insider courtesy of Herb Greenberg is worth reading. The real blow up is going to occur in the Neg Am Pay Option ARM arena where essentially people with incomes as low as $80,000 were qualifying for million dollar loans. Most of these people have good credit but unfortunately no conventional

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-65303050491707451722007-12-04T13:24:00.000-08:002007-12-04T13:40:05.654-08:00

The highlight of the trading day for me was reading the following Abby Joseph Cohen, the Goldman Sachs Group Inc. strategistwhose call for a year-end rally in U.S. stocks hasn't come true, predicted theStandard & Poor's 500 Index will rise 14 percent by the end of nextyear. Cohen, 55, says the S&P 500 will climb to a record 1,675 .. BloombergKeep in mind Cohen is the crazy old lady who was

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-48154825690746043112007-12-03T05:09:00.000-08:002007-12-03T05:28:00.730-08:00

Keep an eye on the Japanese Yen as it continues to get stronger this morning. US equities have a strong inverse correlation to the Yen and the carry trade continues to unwind with a stronger Yen.The ISM Manufacturing Index is the major economic report out today. Keep an eye on this one as it has a strong ability to move the market.A recession is already here for corporate profits not to mention

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-48695419393156787902007-11-30T08:45:00.000-08:002007-11-30T08:50:41.453-08:00

Thank you Mr. Bernanke for giving the bulls hope for another interest rate cut despite the first two interest rate cuts having no positive effect on the stock market. If the bulls are foolish enough to believe that a third interest rate cut will be good for stocks then let them. This gap up open is a great opportunity to add to QID and FXP positions and perhaps some SDS DXD TWM SRS. If the market

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-65521029167388601552007-11-29T10:30:00.000-08:002007-11-29T10:43:16.676-08:00

Having taken time off the past week to contemplate the market the action of the past few sessions appears to be the making of a dead cat bounce. I didn't see anything on Monday or Tuesday which suggested a market bottom. A large stake in Citibank C by Abu Dhabi and a speech by Fed Governor Kohn suggesting further rate cuts appear to be the impetus for the current market surge. I don't know how

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-53157197727282937582007-11-21T08:52:00.000-08:002007-11-21T08:59:13.750-08:00

Dow 12800 is the bulls final stand. A break of 12800 and all hell breaks lose. Right now I am waiting for a break of 12800 to buy DDM SDS QID . I did add some QLD today in anticipation of a rally into the close. I will sell QLD is the market breaks its current lows. So far the market appears to have made it lows for the day. But I could be wrong and I probably am wrong. With this type of

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-70553040489443120982007-11-20T08:52:00.000-08:002007-11-20T09:08:11.644-08:00

Looks like we are having a turkey rally ahead of Thanksgiving. Do I think this rally will last ? I am not sure. There is still a lot of weakness in the markets particularly in the financials which are not participating in todays rally. Without the financials the bull market is doomed. I would not go long in this market if I don't see a recovery in financials. We may get a little rally in the

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-79061887848902473452007-11-19T14:07:00.000-08:002007-11-19T14:34:05.117-08:00

Financials need to recover in order for the bull market to continue. Without the financials, this market is lost. Sure the markets have risen without the financials the last few months but, we've reached a stage where the underperformance by financials is taking its toll on the markets. Look at the way big names like C BSC CFC WM BAC WFC MS MER LEH have performed over the last 6 months. If they

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-81398596622758469732007-11-19T09:38:00.000-08:002007-11-19T09:49:56.331-08:00

In recent weeks, regulators have quietly ordered China's commercial banks tofreeze lending through the end of the year, according to bankers in severalcities. The bankers say that to comply, they are canceling loans and creditlines with businesses and individuals.read here If this is true then all I can say is that the Chinese government is trying to crash their stock market and thus bring about

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-58172673833263341462007-11-16T09:59:00.000-08:002007-11-16T10:26:17.526-08:00

The markets have been in rally mode the past hour or so after looking rather precarious.The news todayFedEx sees slower growth ahead as freight demand weakens.US Industrial output declines as auto and appliance sales decline. The Fed says further interest rate cuts are unlikely. The two most important news items though would be the Abu Dhabi government taking a 8.1% stake in AMD and the rejection

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-52447720754785188322007-11-15T13:06:00.000-08:002007-11-15T13:24:27.101-08:00

A few spikes in the final 30 minutes of trading was all that seperated this market from falling into the abyss. This could have been a 300 point down day. Down 120 on the Dow doesn't look bad.The problem is all these shoes dropping - housing, subrime, commercial paper market, Level 3 accounting, mark to market etc etc. All these shoes flying all over the place. With all these people losing their

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-66362545766026399662007-11-15T09:12:00.001-08:002007-11-15T13:05:57.194-08:00

Think oil prices can't go higher ? Think again.In 1900, the US started to industrialize. We were using one barrel of oilper person per year. By 1970, we were using 27 barrels per person. In 1950,Japan started to industrialize, they were using 1 barrel per person. By 1970,they were using 17. In 1965, South Korea started to industrialize. They wereusing one barrel per person per year. By 2000 they

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-91251881898174633452007-11-15T06:05:00.000-08:002007-11-15T09:39:41.311-08:00

Its November 15th and that means hedge fund redemption day ( 45 days from end of quarter). How will this effect the market ? August 15th was the previous redemption day and the markets moved decisively lower culminating in a bottom on the 16th. Is this a possible scenario or will we slice the August lows like a warm knife through butter ? Just a thought to keep in mind as this trading day unfolds

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-46545738979159388072007-11-14T13:53:00.000-08:002007-11-14T14:02:49.894-08:00

Market summary in one line : The Bears came back at 3:30pm and shot the Bulls.Tomorrow is going to be some more pain for the bulls. The bottom is not in yet. All this talk of a Thanksgiving Rally is premature. Alot of traders who are bullish may not afford Turkey come Thanksgiving. Hell they may not even have a roof on their head.Weakness in the semis are a real problem . Take a look at this

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-79236223702280287102007-11-14T09:44:00.000-08:002007-11-14T09:54:10.554-08:00

Trading has been pretty volatile today. The Nasdaq in particular has been switching between red and green every 2 minutes almost like a traffic light. I see no reason to go long or short today. I am currently less than 60% long with 40% in cash. I am adding some QID today for protection. I am contemplating SRS though I missed a good chance in early morning trading at below $94.I sold have my ETFC

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-18865816599508197652007-11-13T07:14:00.001-08:002007-11-13T07:25:49.244-08:00

Sell the rally. It won't have legs to go all the way. I don't see a bottom here. I think we test August lows at the very least.ETFC has done well for me this morning. Analyst from BMO came out with a note stating bankruptcy was 'highly unlikely'.Financials are doing well today with big gains in GS C MER BSC ( Which is below its August lows) LEH . A bounce in financials was expected anytime and

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-38613342456919198782007-11-12T11:37:00.001-08:002007-11-12T11:43:39.220-08:00

This is starting to look, feel and smell like a bear market. The financials have been in a bear market for quite some time and today ETFC is being axed. Nevertheless , I am going long E-Trade as I believe the selling is overdone and things are no where near as bad as some people would make you believe. If things were really as bad you would see the insiders dumping and that is not the case. I

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-60565103159252102492007-11-11T20:06:00.000-08:002007-11-14T13:52:24.059-08:00

Is this a bear market or a normal correction ? This is a question that appears to be on a lot of investors minds as Monday approaches. Some things on my mind ; How long can a bull market continue without the all important financials ?Are further sub prime losses priced in ? If the answer to the above question is yes than we should see a bottom soonIf not look out below ! What happens to the

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-18708634196375941432007-11-08T13:09:00.000-08:002007-11-08T13:18:07.439-08:00

A crazy rollercoaster of a day. Who needs Six Flags when you have the stock market ? Who needs Vegas when you have the stock market ? Seriously this was a crazy ride. Maybe we bottomed though I don't think so. I think we rally till next Tuesday. Then the bears take over. The tape was painted after 3pm and it was obvious to all. The FED needed to avoid another sell off into the close. Give the

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-69928233123216635382007-11-08T12:48:00.001-08:002007-11-08T12:50:01.462-08:00

Ben Bernanke has a new solar power helicopter. Bernankes old chopper ran out of gas yesterday hence the 360 point plunge.

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-46028846464223090132007-11-08T08:13:00.000-08:002007-11-08T08:20:20.113-08:00

I've been selling a lot today. Up to 15% cash currently. Bought some HANS under $39. If this drop continues I might have to put 10% of the portfolio into HANS ( currently 4%). I may look to buy more DIVX since its showing ridiculous strength. All in all I am getting rid of all non core positions. That means all ugly mofos like JADE LLNW MPEL BRLC etc etc. UGLY !In other news this market blows.

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-13799413167562856672007-11-08T05:14:00.000-08:002007-11-08T05:31:01.809-08:00

Looks like we will be seeing another day of pain if you are bullish unless you are long FSLR . In that case life is good. More pain for HANS as a 3 cent earning miss ( 46c v 49c) has the stock down over 15% in pre market trading. CSCO is getting murdered in the pre market though I believe anything under $30 is a great long term buy. The problem in a market like this were liquidity is being

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-54988089847372784852007-11-07T13:20:00.001-08:002007-11-07T13:30:26.738-08:00

Down 7 figures today. Feels really good huh ? I got a butt kicking in INAP HANS DFS C and pretty much everything save Silver and Gold and the Euro. Maybe we are in a bear market now. Who knows ? AAPL RIMM GOOG FSLR SPWR CMG are still bullish. Financial and housing are being taken to the cleaners. High flying tech stocks are being murdered along with other high flyers like CROX UA FTK NTRI etc.

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com2tag:blogger.com,1999:blog-12542705.post-84766705539322157882007-11-05T09:43:00.000-08:002007-11-05T09:55:25.104-08:00

I smell a strong Rally coming. Stocks have been taking to the cleaners the past few days. Momentum stocks are being targeted in a 'seek and destroy' operation. CROX VDSI ALGN NIHD BCSI UA AMZN FTK LVS are some of the names that have been run over the last few weeks.NTES BOOM LLNW INAP are some of my holdings that have something going today. Sort of. Everything else is being taken to the

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-23691506048885191062007-11-01T18:49:00.000-07:002007-11-01T19:07:25.023-07:00

November is the strongest months for stocks. Boy did this month get of to a great start ..... if you read charts upside down or if you are a bear. 2.6%, 2.6% , 2.4% the respective percentage declines on the Dow, S&P and Nasdaq. Financials got obliterated with banks down over 5% . Citi C was to blame with analyst downgrades on rumors that further asset right downs, would leave the global financial

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-63164824932319913522007-10-31T21:05:00.000-07:002007-10-31T21:18:34.837-07:00

Well it was an enjoyable Halloween . Bernanke and company handed out candy to the bulls via a quarter point interest rate cut. Woohoo !! The market reacted with an initial dip which was great for me as I managed to buy a boatload of QLDs and SSOs on the cheap. See there was a reason for me cutting down a lot of positions the last few days. I wanted to take full advantage of today. I believe tech

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-85102987678801345382007-10-30T20:43:00.000-07:002007-10-30T20:53:44.864-07:00

Thats right. Halloween is right around the corner. What will Mr. Bernanke have in store for us ? Thats the million dollar question . "To cut or not to cut ?" Half a point cut and we will get a good rally. Quarter point and perhaps a little upside. No cut and we will probably collapse like a stack of cards.I think we will get some sort of rate cut. Bernanke has his hands tied. Credit market are in

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-64797210895021938572007-10-29T11:03:00.001-07:002007-10-29T11:12:33.008-07:00

The market looks fairly strong so far. Tech is doing well and the Nasdaq leads the way.Oil continues to stay high partially due to rumors of war with Iran. I still think oil is peaking here. I believe we will see lower prices in the next month or so.Fed meets on Wednesday and the market is predicting a rate cut. is a rate cut already priced in ? What happens if the Fed does not cut ? Those are

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-33172316611462760692007-10-26T06:12:00.000-07:002007-10-26T06:21:39.153-07:00

Great earnings from MSFT and a positive outlook from CFC this morning have send the futures racing skyward. I expect a strong rally today and continuing into next week. I think the bears have had their chance to cover. Any attempts to bring the market down will only in further rate cut rumors sending the market upward. Microsoft is up over 12% in premarket and Countrywide is up over 21%.I started

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-14483962095778141342007-10-25T09:05:00.000-07:002007-10-25T09:15:53.812-07:00

Overall market is looking weak today. I expect strength into the close. Shanghai fell hard overnight. Gold and Silver are going through the roof in anticipation of a rate cut. Broker stocks are doing well too.In IPO news ULTA is soaring. I am long. Got in at IPO price $18. Currently at $30. Will buy more below $28 ( if it gets there). I see $50 in 12 months. I am adding to DFS. I cannot believe

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-8248892821439286122007-10-24T19:20:00.000-07:002007-10-24T19:47:43.214-07:00

In After Hour trading my positions in FFIV and NTRI got blown away. I was stopped out of half my FFIV position during regular trading hours. I like RVBD better and will probably buy some in the next few days. I will probably double up on NTRI because I don't think things can get any worse though I felt the same 20 points back ....Lets break NTRI down. They will earn around $3 this year. At $25 a

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-90932648262333705452007-10-23T17:15:00.000-07:002007-10-23T17:35:09.309-07:00

AMZN earnings beat was actually a disappointment. 19 cents a share does not quite cut it. Many investors were looking for a blowout something along the lines of 22 to 24 cents a share.The stock is taking it to the nuts in AH trading down 10%. A beautiful island reversal beckons on the charts if AMZN continues sinking in the days ahead.RVBD is getting punched around like Apollo Creed at the hands

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-29753266650887760762007-10-22T14:08:00.000-07:002007-10-22T14:26:25.371-07:00

Yes I notice I haven't blogged in 20 days. I needed a break. The damage was done on Friday. Was today a bottom ? I don't know. This is what I am doing. Actually better yet like me break it down point by point.Keeping tight stops thus protecting profits.I don't like seeing 200% + profits disappearing on holdings like BIDU.Hedging via SRS. The real estate sector stinks and will lead the way down

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-80540969216263649442007-10-02T20:06:00.000-07:002007-10-02T20:31:16.573-07:00

The major indices did not go anywhere today though stocks as a whole did pretty damn good. The sector that impressed me are the casino stocks with huge gains in two of my holdings LVS and MPEL. Home builders powered upwards since they are heavily shorted and anything can send them rocketing. Ridiculous gains in HOV TOL KBH DHI BZH MTH RYL . I am thinking of adding SRS as a hedge if this craziness

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com1tag:blogger.com,1999:blog-12542705.post-17728641395537554802007-09-28T14:00:00.000-07:002007-09-28T14:17:34.687-07:00

AMZN will need to grow earnings 40% per year or better over the next 5 years to justify its current valuation. If GOOG was able to grow earnings 40% per year over the next 5 years, its present stock price would be $1200+, more than double its current $567. Now you tell me, which company would you pick to grow quicker over the next 5 years - AMZN or GOOG ?An online retailer vs the most dominant

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com1tag:blogger.com,1999:blog-12542705.post-77829515138676820552007-09-28T06:49:00.000-07:002007-09-28T07:00:55.609-07:00

Consumer spending Up. Big surprise there. With home equity being tapped out, its likely consumers will be turning to the plastic. Thats good news for MA and DFS. Business activity continues to rise. Strength in exports is a big factor. The Dollar continues its slide. Thats good news for the Euro, Gold, Silver and commodities. Long FXE GLD SLV DBA. Stocks to watch : AAPL GOOG BIDU CMG GS CROX

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-73958792451368878432007-09-27T09:27:00.000-07:002007-09-28T07:01:30.290-07:00

TOP 10 HOLDINGS MAKING UP 50% OF PORTFOLIOGESLVGLDHANSBIDULVSNYXNTRISBUX AMGNMIDDLE OF THE PACK 35% OF PORTFOLIO IN NO PARTICULAR ORDERDBAOMRIDFSCOGTAKAMNTESUNGFXEQLDSSODDMBWLDMPELGDXORCLFMCNAAOXPSOVTIHNRMMSSNDKMUIBKRFFIVBOTTOM 15% SPECULATIVE PART OF PORTFOLIO IN NO PARTICULAR ORDERRACKBRLCJSDAJADELLNWBBNDINAPGRZUXGKRYWGDFFGNPIDIVXPNWIFKNOTVCLKCUUEF

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-75508602066964884022007-09-26T14:22:00.000-07:002007-09-26T14:50:10.937-07:00

The market defies gravity and continues to soar higher. The bears are full of excuses and concoct imaginative reasons as to why the market should fall. It seems the bear trade is over crowded and thus the market continues it ascent. All time highs are round the corner.New speculation involving Buffett taking a stake in Bear Stearns continues to propel this market as another buyout falls through

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-19276132526979374722007-09-21T11:18:00.000-07:002007-09-21T11:40:21.762-07:00

The market continues to advance. Oil, technology and housing are some of the sectors leading the way. Solid earnings growth from Oracle and Nike are contributing tho this wave of bullishness. Billionaire Wilbur Ross bid for American Home Mortgage servicing unit is another bullish factor.Shares of Harman International are plunging on speculation that KKR and Goldman Sachs will abandon their bid to

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-79876580108288955622007-09-18T13:59:00.000-07:002007-09-18T14:14:42.227-07:00

"Hell hath no fury like a Bull scorned" - The Capital Game 09/18/2007 All of last week and leading into todays Fed meeting the consensus was that the bulls were treading on shaky ground and a rate cut would lead to a sell off. Time and time again, the strength of the bull was questioned and today the answer was provided in resounding fashion. Did the Fed really need to drop rates by half a

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-67936713942357717982007-09-13T06:48:00.000-07:002007-09-13T06:59:30.164-07:00

Markets Mexican standoff - "the asymmetrical nature of a Mexican standoff means that - in the event of conflict - each party will face a tactical decision as to which other party to strike first."USD moves to record lows against the Euro as a Fed rate cut looms. How will our biggest creditors Japan and China feel about this ? Not too good I'm sure.Paulson points his finger at the mortgage lenders

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-20409378050585472522007-09-11T19:24:00.000-07:002007-09-11T19:27:54.935-07:00

A fictional (or real ?) conversation between LCD maker Syntax-Brillian Corporation BRLC CEO Vincent F. Sollitto and CFO Wayne A. Pratt. BRLC postponed their earnings release today for no apparent reason.Vince:..." Hey Wayne....aren't you supposed to deduct operating costs instead of adding them?Wayne:..." Oh @#$% Vince, you might be right...let me double check on my Accounting 101 book. You are

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-77516090179414528512007-09-11T10:05:00.001-07:002007-09-11T10:12:54.472-07:00

The market has put on a solid showing so far perhaps as a patrotic gesture on 9/11. The last two hours will be crucial as always.Bernanke gave no hints as far as whether rates would be cut in a speech in Berlin today. He did say global interest rates were very low. Perhaps the Fed will not cut afterall. I don't believe they will cut. Stocks moving up on heavy volume include URGI CORT IMCL GIII

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-85267518739844316072007-09-07T06:49:00.001-07:002007-09-07T07:00:13.523-07:00

The world is ending today or so it seems based on the bearish drop to start proceedings on Wall Street here on Friday September 7th 2007. The reason for the drop is ostensibly the deteriorating economic situation made visible in todays payroll numbers which showed the first loss of jobs in 4 years. Job losses in construction, manufacturing, transportation and government swamped gains in education

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-48205773070181119312007-09-05T06:32:00.000-07:002007-09-05T06:59:59.763-07:00

STOCKS cheapest in 12 years ? This seems to be the consensus based on this article. However despite the fact stocks are 'cheap' , one needs to take into consideration the fact that we are closer to the end of a multi year bull market and past the peak of the economic cycle. In other words, I believe stocks can still get cheaper.Mortgage insurers MGIC Investment Corp. and Radian Group Inc have

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-20394147078089884712007-09-04T06:31:00.000-07:002007-09-04T06:56:55.031-07:00

The pain from higher borrowing costs may be spreading as consumers and businesses follow investors in shying away from risk, increasing the odds of a recession.``While there is no basis for predicting a recession right now, the risks have surely gone up,'' says former Treasury Secretary Lawrence Summers, now a professor at Harvard University in Cambridge, Massachusetts. ``The combination of

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-75406131060197408892007-08-31T06:54:00.000-07:002007-08-31T07:13:24.883-07:00

Here comes the big bailout everyone was waiting (hoping) for. The Bush Administration will help people keep their homes. Does this mean its all good ? You can go buy that million dollar home on a $50k/yr salary and not worry about making payments on the loan . Looks like the good times are back.Bernanake is set to speak at Jackson Hole, Wyo right about now and the market is expecting signs of an

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-61733468294196985372007-08-30T07:11:00.000-07:002007-08-30T07:39:25.172-07:00

After a great day for the bulls yesterday, the market opened down a 100 points today before rallying. I am seeing a lot of strength out there especially in the Nasdaq which is firmly in the green. Semis, disk drives and computer makers all doing really well along with biotech. Solid moves in SNDK AAPL RIMM GRMN DELL NETL AMD CELG BIIB TASR FSLR . Tech is leading the way as it has the past few

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-29923476346668422382007-08-29T06:51:00.000-07:002007-08-29T07:09:40.665-07:00

We are getting a strong rebound today though I would not be surprised to see this rally fade.Key levels to watch : Dow 12,885(support) & 13,132 (resistance) , S&P 1427(Support) and 1457(resistance) , Nasdaq 2491(support) and 2525(resistance).Another victim of the credit crunch. Bodies continue to be discovered on a regular basis. Once this is all over the casualty list will likely be

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-69144791554537906852007-08-28T18:50:00.000-07:002007-08-28T19:01:22.935-07:00

It was quite a day today. Close to a 300 point drop on the Dow with even bigger percentage drops on the Nasdaq and S&P 500. Volume was on the light side though thats expected around this time of the year. The question is where do we go from here ? A pullback was needed to consolidate last weeks gains and that is what we are getting. A retest of Dow 12,500 may be in order or perhaps a test of the

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-87584343623305427292007-08-28T11:28:00.000-07:002007-08-28T11:52:00.020-07:00

Fed MinutesThe information reviewed at the August meeting suggested that economic activity picked up in the second quarter from the slow pace in the first quarter. On average, the economy expanded at a moderate pace during the first half of the year despite the ongoing drag from the housing sector. While the growth of consumer spending slowed in the second quarter from its rapid pace in prior

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-36992725330776096182007-08-27T11:23:00.000-07:002007-08-27T12:20:01.573-07:00

A total lunar eclipse is expected tomorrow and I decided to pull up some recent charts of the Dow to see market performance before and after total lunar eclipses starting from 2000 onwards. 4 of the last 5 total lunar eclipses have seen big rallies in the market. It appears markets tend to change direction around the time of these eclipses.January 21 2000 - Talk about timing a top. Dow made an

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-36784145457843853452007-08-27T06:27:00.000-07:002007-08-27T06:43:10.923-07:00

Very bullish markets across Asia and Europe.Hong Kong soared 2.9% to new highs along with China. The markets here in the US are pointing to a lower open though I would expect a rally. US Steel is buying Canada's Stelco as the steel industry under goes further consolidation. This should boost steel and other metals stocks today. The other big merger news today is Gateway being bought out by Acer

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-91137866979342413842007-08-24T11:09:00.000-07:002007-08-24T11:16:11.535-07:00

The market has been very strong today. Strenght in the tech sector, oil, gold, silver, steel and other metals. Mortgage finance and real estate are lagging. I've gone ahead and sold another big chunk of bull ETFs QLD SSO DDM MVV UWM this past hour.So far I have sold 90% of the my bull ETF positions that I held from last Thursdays lows. I think we will test levels below 13,000 on the Dow next week

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-57098273319288076052007-08-24T06:07:00.000-07:002007-08-24T06:27:59.220-07:00

The markets across Asia and Europe are mixed. Shanghai continues on higher as usual. Durable good orders rose sharply in July by 5.9% versus a consensus of 1%.Orders went up for machinery, automobiles, metal products, airplanes and communications equipment. That blunted a drop in demand for computers, as well as electrical equipment and appliances. This is good news for manufacturing and the

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-59015222322000072812007-08-23T13:03:00.000-07:002007-08-23T13:27:51.203-07:00

A seesaw day in the equity market with the Dow and S&P flat while the Nasdaq was down 0.4%. Oil was the best performing sector while transports lagged. SHRP ALOT GME AVGN LNDC EGI HRT TIS BSM were among the days biggest gainers. SLI FLML CCBL NWY PLCE ARGN were among the days biggest losers.Is the Fed rate cut in September a sure thing ? Maybe not according to this piece. A rate cut would kill

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-17282076317469018202007-08-23T06:02:00.000-07:002007-08-23T06:28:05.598-07:00

Bullish markets across Asia and Europe. Shanghai has crossed above the 5,000 market. Most Asian market closed up over 2%.The decision by Bank of America to invest $2 billion in Countrywide has boosted investor confidence. BofA has gotten themselves a great deal. Rumors of them acquiring CFC a few months back raised Countrywide stock price to $45. CFC is currently at $25. The financial sector will

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-41682797540874736152007-08-22T12:56:00.000-07:002007-08-22T13:26:18.756-07:00

Strong gains in the Dow, S&P and Nasdaq all closing up better than 1%. Basic materials lead the way with big gains in steel, nonferrous metals and heavy construction. Water, consumer electronics and automobiles lagged. Big gains in NFI BCSI AVCI PLX SVT BYI ACH while the losers on the day included TWB TOA MSNQ Some notable outperformers included AMZN AAPL BIDU GOOG SPWR FFIV RVBD MRVL NVDA IBKR

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-48174202109784939902007-08-22T06:02:00.000-07:002007-08-22T06:22:27.967-07:00

The Asian and European markets are very bullish and sign point to a higher open here on Wall Street. Talks of a merger between ETrade and Ameritrade are having a bullish effect on the broker stocks and the overall markets in general.4 trading days ago, ETFC was as low as $9.92. Today it is over $16. Thats a better than 60% gain in 4 days. Simply amazing. Are money market accounts safe ? Its

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com1tag:blogger.com,1999:blog-12542705.post-85306955605523784342007-08-21T15:09:00.000-07:002007-08-21T15:29:52.970-07:00

A mixed day on the market though it was mainly positive for the bulls. Less volatility and a good finish on the Nasdaq and S&P though the Dow was down. Stocks as a whole advanced . Airlines were the strongest performers as oil prices fell while energy was a big loser.The Federal Reserve may be able to avoid an emergency reduction in the benchmark interest rate as some of its steps to increase

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com2tag:blogger.com,1999:blog-12542705.post-84642550491695542072007-08-21T05:44:00.000-07:002007-08-21T06:09:02.894-07:00

The markets across Asia and Europe ae mixed. China raised interest rates but the Shanghai composite continues upwards.US stock index futures climb on speculation of a Fed rate cut. Rumors of Warren Buffett buying Countrywide are also helping. CFC is up by a fair amount this morning. I believe this will be a $50 stock before the end of the decade.Several retailers are reporting earnings today.

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-43636349712018762602007-08-20T13:35:00.000-07:002007-08-20T14:28:03.427-07:00

A good day for the bulls . The Dow and Nasdaq finished up while the S&P was marginally lower. Overall though the bulls came out on top as attempts to take down the market were thwarted. Transports and oils were the leading sectors while banking as expected lagged with big names like GS BAC C JPM MER BSC UBS CFC all closing down.Big drop in natural gas prices as hurricane Dean moves away from oil

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-63790699913019524472007-08-18T16:09:00.000-07:002007-08-18T16:29:17.067-07:00

With the market falling apart I decided to take a hiatus. Off to the ocean in sunny California for 3 days all while the markets collapsed than proceeded to U Turn in amazing fashion. I had orders set in place to buy bull ETFs DDM SDS QLD MVV UWM at market levels 1% to 5% below Tuesdays close and much to my amazement most of them were filled. I am glad I skipped out the last 3 days of the week as

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-81160766542746620372007-08-15T05:49:00.000-07:002007-08-15T06:06:15.412-07:00

The markets in Asia collapsed overnight with the Jakarta composite down over 6%. The European market are very bearish and the trend looks to continue when Wall Street opens despite a benign Consumer Price Index report.With inflation easing there is a greater chance of a Fed rate cut.This morning, Merrill Lynch has cut the nations largest mortgage lender Countrywide Financial to a sell and raised

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-67618499929295196972007-08-14T21:22:00.000-07:002007-08-14T21:32:15.878-07:00

The Asian markets are in free fall. The Global economy has collapsed. All is lost. OK maybe not. But things are getting pretty ugly. While there is still all this liquidity floating around the globe, it appears investors are too shell shocked to put it into equities. They prefer running to the safety of false safe havens such as the unmighty US Dollar. Why isn't Gold and Silver rocketing skywards

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-61281525696989831192007-08-14T11:14:00.000-07:002007-08-14T11:17:43.664-07:00

This is either a great opportunity to go long or the last chance to sell. If the market breaks here, we could go a long way down perhaps Dow 12700 and S&P 1375. I personally think the market is overally bearish and the setting is ripe for a powerful rally. On the other hand the market could drop like a rock.

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-2389908409920215232007-08-14T05:51:00.000-07:002007-08-14T06:21:03.013-07:00

The markets across Asia and Europe are a mixed bag. The Shanghai Composite continues it amazing run to 5000. Central Banks continue to pump liquidity into the system.The Producer Price Index PPI rose more than forecast by 0.6% in July though excluding food and fuel, the gain was only 0.1% versus a 0.2% consensus. The lower core will give the Fed an opportunity to lower rates in the future.Walmart

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-87736656353841121682007-08-13T06:00:00.000-07:002007-08-13T06:26:40.847-07:00

The news is all good this morning. Asia and Europe in particular are very bullish. Japans growth came in lower than forecast eroding and prospects for a rate hike and sending the Yen lower. China's monthly consumer inflation rose to a decade high of 5.6% and several rate hikes are expected this year. The Shanghai composite continues to head higher.The ECB injected another $65 billion into the

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-73054384363817304462007-08-11T15:15:00.000-07:002007-08-11T15:30:38.765-07:00

Genentech Inc. DNAGenentech, Inc. engages in the discovery, development, manufacture, and commercialization of biotherapeutics in the United States.DNA has grown earnings at an annual rate of almost 50% the last 5 years. Even if one is to estimate a modest growth rate of 25% over the next 5 years, DNA is still very cheap on a valuation basis. The stock price has not been this low since May of

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-12290682505966083462007-08-10T14:44:00.000-07:002007-08-10T14:55:46.205-07:00

Surveying the market like a general perched upon a tank overlooking a battlefield, I concur that the worst damage has been done. We have seen the bottom though I cross my fingers as I write this. Senile old men spoke of black Friday and Black Monday and a 1000 point Dow drop while the calculating minds like yours truely decided to stay put and watch the market. While things could quickly unravel

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-58844359164519761952007-08-10T11:10:00.000-07:002007-08-10T11:17:10.771-07:00

We tested the lows and survived. Could this bounce be fake and we could head lower in the last 2 hours. That we shall see. Alot of traders are nervous and nobody wants to be long going into the weekend. Even going short may not be palatable too most market participants. Financial have once again been the weak link while the gold and silver sector has soared. GLD SLV UNG and DUG have all performed

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-50007712601174573632007-08-10T05:59:00.000-07:002007-08-10T06:27:28.910-07:00

Fasten your seat belts. We are going to be in for a bumpy ride. The markets across Asia and Europe are all down big. There is talk that the US is entering into a bear market.Countrywides stock is plummeting this morning after is said it faces 'unprecedented disruptions.' due to the credit crunch. If CFC falls under $20 it will be an absolute steal. They will make it past this subprime

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-5815522089471279102007-08-09T13:03:00.000-07:002007-08-09T13:32:15.699-07:00

So much fear and panic. A 6-1 ratio of decliners to advancers on the NYSE. 387 points lost on the Dow, 56 on the Nasdaq and 44 on the S&P . Banking was the worst hit sector for obvious reasons while semiconductors were left relatively unscathed in the selloff.Quant hedge funds are getting an ass kicking and perhaps this explains some of the heavy selling as these funds readjust their positions.

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-44750647241947526502007-08-09T11:38:00.000-07:002007-08-09T11:44:43.827-07:00

Volatile session so far. Bears are in control but one cannot rule out a reverse to the upside. Slowly adding some SLV and QLD here. UNG looks good as natural gas makes a nice run. Despite the downslide today,quite a few of my positions are doing very nicely including SNDK MU HANS SBUX FFIV BWLD AKAM MMS. Makes me believe a reverse is quite possible since its financials that are bearing the brunt

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-44323487221967888142007-08-09T06:17:00.000-07:002007-08-09T06:29:02.300-07:00

Abandon Ship ! Thats the general thought process going around today as bearish markets in Europe and word that financial giant BNP Paribas is halting withdrawals from three of its investment funds due to an inability to fairly value their subprime assets, or should I saw liabilities. The ECB is coming to the rescue lending $130 billion to banks as liquidity injections in response to the subprime

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-22570229630423191622007-08-08T13:32:00.000-07:002007-08-08T13:56:35.146-07:00

Now that I am done counting all the money I made today I can say that today was a great day to be long tech and financials and everything else for that matter. Apart from a little hiccup in the last hour, the bulls were in total control. Talk of resistance at S&P 1490 was eliminated. 1500-1505 maybe be another layer to watch out for. I added some DUG as a short play on oil and gas and added some

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-52091664503435394672007-08-08T06:08:00.000-07:002007-08-08T06:27:31.715-07:00

The Asian and European indices are both very solid here.US equities are expected to open higher especially due to Cisco strong earnings report and bullish future outlook. CSCO is one of those market moving stocks. Going long the ROM - bull tech ETF might be a good idead here in light of CSCOs outlook.EARNINGSKeeping an eye on AIRN OMRI KNOT STKL ORA NOOF JUPM IDCC FLS among others.Hansen Natural

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-88507800916541374062007-08-07T13:53:00.000-07:002007-08-07T14:49:43.886-07:00

What a day ! Talk about volatility. First time in a while we have not closed 3 digits in one direction on the Dow. But we moved 3 digits in both directions throughout the day. The bears took control after the Fed announcement to drag the market down over 100 points. Then the bulls staged a comeback of their own, turning around the market over 250 points to the north. Then we weakened a little

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-25284645831949645302007-08-07T06:54:00.000-07:002007-08-07T14:39:40.434-07:00

The Asian markets are looking pretty solid with Shanghai continuing to soar. Europe is very bullish especially the FTSE. The US markets have opened weak though strength is picking up and it looks like we may go green after the hour. All hangs on the FOMC announcement at 2:15pm ET.Oil prices continue to move lower which is a relief of sorts.Its time equities rally on oil moving lower like they are

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0tag:blogger.com,1999:blog-12542705.post-9109045027395014472007-08-06T13:04:00.001-07:002007-08-06T13:21:09.994-07:00

Houston we've hit bottom. The Dow made back everything it lost during Fridays sell-off and more. While the breadth was not impressive, the fact that we made such a strong rally in the face of Fridays action is a bullish sign. Volatility is back in a big way. As far as sectors go, banking was easily the cream of the crop with the financial ETF XLF gaining over 5%. The I-banks were on fire with

TheCapitalGamehttp://www.blogger.com/profile/12206237733012373999noreply@blogger.com0