Archive for April, 2009
Sunday, April 26th, 2009
Las Vegas Sands, Critical Point
Las Vegas Sands has been showing a pattern of higher highs and lows since early March, and a break above $8 would leave very little overhead resistance.
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No Comments » - Posted in Charts, Opinions by wdevauld
Sunday, April 26th, 2009
Sirius
Sirius showed up on two bullish weekly scans this week. Appears that it has been enjoying the ride up all equities have been experiencing. Sirius rose to the top of our scans because on a percentage basis, it is up by orders of magnitude from it’s 0.05 Feb. low. A very small speculative position is [...]
No Comments » - Posted in Charts, Opinions, Scans by wdevauld
Thursday, April 23rd, 2009
Weighing in on FAS (and FAZ)
Financiers are crafty, and the creation of the rocket fuelled 3 times leveraged bull financial ETF and its evil twin the 3 times leveraged bear financial ETF, both products of Direxion Shares. These creations have taken over the investment world. Created just last year, already they are trading hundreds of millions of shares a day, [...]
