Author Archive
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. Tweet This Post
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, [...]
1 Comment » - Posted in Uncategorized by wdevauld
Thursday, March 19th, 2009
Bio-Tech?
Only four equities showed up on our bearish scanner, and two of the equities were in the field of Biotechnology. Amgen Inc. and Gilead Sciences Inc. have both exhibited price action pointing towards waning interest. They produce the following charts: GILD is a more favorable play for us, as it appears to have more solid [...]
No Comments » - Posted in Charts,Opinions,Scans by wdevauld
Sunday, March 8th, 2009
The world still appears bearish
Our Freeport position we wondered about, and eventually jumped into, has been profitable so far. We’ve adjusted our stops to a hair below $32 so at the very least we can come out profitable. There is a lot of volume in the $40-$45, which is where we are looking to get out. The final rule [...]
No Comments » - Posted in Journal,Learning,Scans by wdevauld
Thursday, February 26th, 2009
Mid-Bear
Currently, everything showing up on our mid-term scanners is showing the Dow, S&P and NASDAQ are headed downward over the medium and long term. Being long helps you if it is ultra short real-estate, or the dow or S&P indicies. If you are looking for an investment that doesn’t involve intricate investment mechanics, we are [...]
1 Comment » - Posted in Opinions,Scans by wdevauld
Tuesday, January 27th, 2009
Tuesday Night Commission Gathering
We feel that Interactive Brokers are hards down the best brokerage you can use as a personal investor in Canada. Their a la carte approach to trading, news and data is appealing to those who count their dollars and cents. Recently, however, because our entry targets have not been reached, we have been sitting on [...]
No Comments » - Posted in Forex,Learning,Opinions by wdevauld
Sunday, January 25th, 2009
What We’re Watching this Week
COF, SST, AXP, MU, VLO
No Comments » - Posted in Opinions,Scans by wdevauld
Monday, January 19th, 2009
Inaugeral Preparations
Tomorrow is bound to be an exciting day in US markets, as the 44th President gets sworn into office. Up in our northern land, the Toronto Stock exchange fell almost 79 points, which doesn’t even add up to a whole percentage move. We ran our equities through the scanner, and found selection on both sides [...]
No Comments » - Posted in Charts,Opinions by wdevauld
Monday, January 12th, 2009
Covered Call: PLD
The third week of the month is usually crazy, when short term pressures overwhelm logic and reason. Our weekly scan produced an interesting gem: ProLogis. Being as options expire this week, we found the bid/ask spread for the in-the-money $12.50 calls to be a bit out of the ordinary. Examining the Equivolume: It would appear [...]
