Market Update: Industry Picks for 2nd Half of 2009

Jul 9, 2020

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01:13 PM PST

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Today's the last day of not just a fiscal quarter, but also a fiscal half-year. Given how well stocks have done during Q2 (and despite the deep dive into the red I'm seeing as I write this), I'm still seeing a decent dose of window-dressing for a few sele
Technical Trade Alerts: ICO (ICOC), Teekay (TK)

Jul 9, 2020

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01:13 PM PST

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The bulls are still working hard to nip a downturn in the bud; it remains to be seen whether they'll be successful or not. In the meantime, our strategy of splitting our trades up evenly between short and long picks continues to work well. So, we've got o
Market Update: Digging a Deeper Hole

Jul 9, 2020

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01:13 PM PST

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Like I said on Thursday (and despite Thursday's and Friday's market gains), the damage has already been done. Monday's tumble to new multi-week lows is simply the fruition of a pullback that's been long overdue. More importantly though, what can we expect
Market Update: Too Late, Already Broken

Jul 9, 2020

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01:13 PM PST

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You probably don't need me to tell you the breakdown I was worried about happening has indeed actually happened. In Monday's edition I suggested we were on the verge of a major break in not just a key moving average line, but also a long-standing support
Market Update: At a Fork in the Road

Jul 9, 2020

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01:13 PM PST

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Last week I took a pretty detailed look at how the market - the S&P 500 in this case - wasn't exactly as bearish as everyone thought it might be, but was instead simply trapped in a range... between 926 and 950. Though I was generally bearish, I had no re
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