About Author: Craig

Website
http://www.focalequity.com
Description
Stubborn Bear from Boston

Posts by Craig

  • 3:59pm Markets rallying into the close and will finish at session highs. XLF up 7.5%. Stay tuned for today’s video.

    Intraday Commentary ~ 7/29/08

    3:59pm Markets rallying into the close and will finish at session highs. XLF up 7.5%. Stay tuned for today’s video.

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  • StockTock.com discusses the light volume pullback today in the markets that we called for in Friday's video. Major indexes and ETFs are pulling back into important moving averages and Fibonacci support levels. We started building an SSO long position today. We touch on SPY, XRT, XLF, GS, MER, C, GLD, USO, and UNG.

    Video ~ 7/28/08

    StockTock.com discusses the light volume pullback today in the markets that we called for in Friday's video. Major indexes and ETFs are pulling back into important moving averages and Fibonacci support levels. We started building an SSO long position today. We touch on SPY, XRT, XLF, GS, MER, C, GLD, USO, and UNG.

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  • 4:03pm Today, we saw the pullback in the market’s that we called for in Friday’s video. Stay tuned for today’s video.

    Intraday Commentary ~ 7/28/08

    4:03pm Today, we saw the pullback in the market’s that we called for in Friday’s video. Stay tuned for today’s video.

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  • StockTock.com discusses the light volume day of consolidation. We would like to see some continued consolidation or a pullback early next week before this market makes its next move higher. We identify import Fibonacci Retracement levels where the market may find support. We also look at the USO, GLD, and UNG.

    Video ~ 7/25/08

    StockTock.com discusses the light volume day of consolidation. We would like to see some continued consolidation or a pullback early next week before this market makes its next move higher. We identify import Fibonacci Retracement levels where the market may find support. We also look at the USO, GLD, and UNG.

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  • 4:00pm Yawn of a day. Oil down $2. Indexes up marginally (actually, the NASDAQ was up 30 points). Great contributions and ideas from the StockTock community. Keep it coming. Stay...

    Intraday Commentary ~ 7/25/08

    4:00pm Yawn of a day. Oil down $2. Indexes up marginally (actually, the NASDAQ was up 30 points). Great contributions and ideas from the StockTock community. Keep it coming. Stay...

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  • If you believe in the current rally off the lows, which I do, you need to be aware of the Fibonacci Retracement levels.

    Fibonacci Levels to Play the Pullback

    If you believe in the current rally off the lows, which I do, you need to be aware of the Fibonacci Retracement levels.

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  • StockTock.com discusses today's selloff and points out an important support line for the S&P. The rally is still in tact and must be given the benefit of the doubt, for now. We also look at the dollar (UUP), oil (USO), gold (GLD), natural gas (UNG), financials (XLF), and Washington Mutual (WM). CORRECTION: In the video, I mistakenly say that if the S&P breaks the ascending support line, the rally is over. That is not true. We could very well break below that level and still rally to new highs sometime next week. Check out the blog for Fibonacci retracement levels. Sorry for the confusion.

    Video ~ 7/24/08

    StockTock.com discusses today's selloff and points out an important support line for the S&P. The rally is still in tact and must be given the benefit of the doubt, for now. We also look at the dollar (UUP), oil (USO), gold (GLD), natural gas (UNG), financials (XLF), and Washington Mutual (WM). CORRECTION: In the video, I mistakenly say that if the S&P breaks the ascending support line, the rally is over. That is not true. We could very well break below that level and still rally to new highs sometime next week. Check out the blog for Fibonacci retracement levels. Sorry for the confusion.

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  • 4:00pm Today. we saw the pullback we expected as the market, particularly financials, were overbought. The XLF fell more than 6% today. Stay tuned for today’s video where we will...

    Intraday Commentary ~ 7/24/08

    4:00pm Today. we saw the pullback we expected as the market, particularly financials, were overbought. The XLF fell more than 6% today. Stay tuned for today’s video where we will...

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  • This is a great article by Mike “Mish” Shedlock about the problems with the US banking system. I hate to be doom and gloom, but you have to understand the...

    You Know The Banking System Is Unsound When…

    This is a great article by Mike “Mish” Shedlock about the problems with the US banking system. I hate to be doom and gloom, but you have to understand the...

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  • Natural Gas has been absolutely crushed in the past three weeks. The UNG, a new ETF that tracks natural gas, has fallen more than 28% since July 1. Taking a...

    StockTock Playing a Bounce in Nat Gas

    Natural Gas has been absolutely crushed in the past three weeks. The UNG, a new ETF that tracks natural gas, has fallen more than 28% since July 1. Taking a...

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