Dont worry, Im not just gonna keep my hate located on the s&p 500, of all of the indexes, the nasdaq seems to be behaving the most bearish, as such I am recomennding UltraShort QQQ ProShares (QID). 
It is important to make sure that you dont through all of your bags on to one new york [...]

[Read more →]

In my opinion, we found a bottom last friday.
It was textbook, the fall in the open on heavy volume, the high that followed. There is even a cup and handle  pattern in there.
I expect the dow to be back above 9500 by the end of the month, so I am going to hold my 2x [...]

[Read more →]

YEAs —74
Akaka (D-HI)
Alexander (R-TN)
Baucus (D-MT)
Bayh (D-IN)
Bennett (R-UT)
Biden (D-DE)
Bingaman (D-NM)
Bond (R-MO)
Boxer (D-CA)
Brown (D-OH)
Burr (R-NC)
Byrd (D-WV)
Cardin (D-MD)
Carper (D-DE)
Casey (D-PA)
Chambliss (R-GA)
Clinton (D-NY)
Coburn (R-OK)
Coleman (R-MN)
Collins (R-ME)
Conrad (D-ND)
Corker (R-TN)
Cornyn (R-TX)
Craig (R-ID)
Dodd (D-CT)
Domenici (R-NM)
Durbin (D-IL)
Ensign (R-NV)
Feinstein (D-CA)
Graham (R-SC)
Grassley (R-IA)
Gregg (R-NH)
Hagel (R-NE)
Harkin (D-IA)
Hatch (R-UT)
Hutchison (R-TX)
Inouye (D-HI)
Isakson (R-GA)
Kerry (D-MA)
Klobuchar (D-MN)
Kohl (D-WI)
Kyl (R-AZ)
Lautenberg (D-NJ)
Leahy (D-VT)
Levin (D-MI)
Lieberman (ID-CT)
Lincoln (D-AR)
Lugar (R-IN)
Martinez (R-FL)
McCain (R-AZ)
McCaskill (D-MO)
McConnell (R-KY)
Menendez (D-NJ)
Mikulski [...]

[Read more →]

Let me start of this blog post by saying that I love it when companies survive the night but are tremendously trashed, as you can usually tell the direction of the stock within 5 minutes and they tend to be good for MAKE-YOUR-YEAR returns.
This should have been one of those stories for me today.
I had [...]

[Read more →]