About Author: Craig

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

Posts by Craig

  • We discuss the continued bearish action today as the financials tumble lower. The market is acting helpless and the VIX remains stubbornly below 30. Oil traded flat despite a weaker dollar. It may be forming an M top pattern. We look at important support and resistance levels to watch for the rest of this options expiration week. We also touch on NCC, WM, and LEH.

    Video ~ 7/14/08

    Posted on July 14, 2008 | No Comments
    We discuss the continued bearish action today as the financials tumble lower. The market is acting helpless and the VIX remains stubbornly below 30. Oil traded flat despite a weaker dollar. It may be forming an M top pattern. We look at important support and resistance levels to watch for the rest of this options expiration week. We also touch on NCC, WM, and LEH.

    Continue Reading...

  • Today, Tomorrow, and the Next Monday, was a classic gap n’ crap, as they call it on Wall Street. The market gapped higher on news that the government will support...

    Market Outlook ~ 7/14/08

    Posted on July 14, 2008 | No Comments
    Today, Tomorrow, and the Next Monday, was a classic gap n’ crap, as they call it on Wall Street. The market gapped higher on news that the government will support...

    Continue Reading...

  • 4:31pm Ugly close today near the lows of the session. Financials cannot catch a bid. Stay tuned for today’s video. Due to a scheduling conflict, today’s video will be posted...

    Intraday Commentary ~ 7/14/08

    Posted on July 14, 2008 | 7 Comments
    4:31pm Ugly close today near the lows of the session. Financials cannot catch a bid. Stay tuned for today’s video. Due to a scheduling conflict, today’s video will be posted...

    Continue Reading...

  • We discuss the fascinating session today, from both a trading and historical perspective. We want traders to be cautious here. We expect a bounce in the short-term, but we want to wait for capitulation and confirmation that a bottom is in before we try to play this market from the long side. We look at a possible M top pattern in oil, the dollar's weakness, mind boggling trading in FRE & FNM, and support levels on QQQQ and GS. Have a great weekend, everyone.

    Video ~ 7/11/08

    Posted on July 11, 2008 | 1 Comment
    We discuss the fascinating session today, from both a trading and historical perspective. We want traders to be cautious here. We expect a bounce in the short-term, but we want to wait for capitulation and confirmation that a bottom is in before we try to play this market from the long side. We look at a possible M top pattern in oil, the dollar's weakness, mind boggling trading in FRE & FNM, and support levels on QQQQ and GS. Have a great weekend, everyone.

    Continue Reading...

  • 4:04pm This was not the kind of close I wanted to see to setup a rally next week. Although there is a nice tail on the daily candle, it was...

    Intraday Commentary ~ 7/11/08

    Posted on July 11, 2008 | 42 Comments
    4:04pm This was not the kind of close I wanted to see to setup a rally next week. Although there is a nice tail on the daily candle, it was...

    Continue Reading...

  • Today, Tomorrow, and the Next Thursday, the S&P managed a rally of more than 8 points despite continued weakness in financials and a considerable spike in the price of oil....

    Market Outlook ~ 7/10/08

    Posted on July 10, 2008 | No Comments
    Today, Tomorrow, and the Next Thursday, the S&P managed a rally of more than 8 points despite continued weakness in financials and a considerable spike in the price of oil....

    Continue Reading...

  • We discuss today's action, and how today's confirmation candle of a close below the Bear Stearn's low may not be a reliable signal. That makes tomorrow's close critical to keep our call for a bounce in tact and save this market from a technical breakdown. We look at oil, the dollar, QQQQ, LEH, FNM, FRE and more.

    Video ~ 7/10/08

    Posted on July 10, 2008 | No Comments
    We discuss today's action, and how today's confirmation candle of a close below the Bear Stearn's low may not be a reliable signal. That makes tomorrow's close critical to keep our call for a bounce in tact and save this market from a technical breakdown. We look at oil, the dollar, QQQQ, LEH, FNM, FRE and more.

    Continue Reading...

  • 4:09pm A decent bounce into the close. This market is a very tough call. I like today’s double bottom but this is the 2nd consecutive close below 1257. And the...

    Intraday Commentary ~ 7/10/08

    Posted on July 10, 2008 | 16 Comments
    4:09pm A decent bounce into the close. This market is a very tough call. I like today’s double bottom but this is the 2nd consecutive close below 1257. And the...

    Continue Reading...

  • We discuss the huge selloff today and what it means for our Market Outlook. We still favor a bounce, but today's action gives us pause and makes us much more cautious here. We look at an important long-term support line for the XLF. We talk about exit strategies and important support levels for the SPX. This market is now more focused on financials than the price of oil.

    Video ~ 7/9/08

    Posted on July 9, 2008 | No Comments
    We discuss the huge selloff today and what it means for our Market Outlook. We still favor a bounce, but today's action gives us pause and makes us much more cautious here. We look at an important long-term support line for the XLF. We talk about exit strategies and important support levels for the SPX. This market is now more focused on financials than the price of oil.

    Continue Reading...

  • Check out this article from Fortune. It explains some of the fear that is out there and keeping this market down.     The Fannie and Freddie doomsday scenario

    What if Fannie and Freddie failed?

    Posted on July 9, 2008 | 2 Comments
    Check out this article from Fortune. It explains some of the fear that is out there and keeping this market down.     The Fannie and Freddie doomsday scenario

    Continue Reading...

Page 47 of 59« First...102030454647484950...Last »