Onthemarketandgeneralsentimentstowardthemarket,letmesimplyquotefollowinglink:http://www.marketwatch.com/news/story/bulls-trying-turn-technical-corner/story.aspx?guid=%7BEE0631BD%2DB321%2D46F1%2D9A77%2D4F445FDED091%7DIthinktheauthorisabsolutelyrightthat1).Themarketisborderingtheresistancelevel.2).thegeneralsentimentisveryreactive(totheearningnews).Personally,Ibelieve,withtoday’sbacktrack,weareback...[
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Forawhile,themarketwasreminiscentoftherecentpast,badnewsfromafinancialinstitution,amarketjustreacheditshighendofthetradingrangeandupagainstitsresistance.ItisalsoaMondaywhenpeoplehaveover-thoughtduringtheweekend.Butthistime,itisdifferent,forone,thetechsectorprovidethesupportandleadershipofthemarket,andsecondly,therearemorebeliefsfromtheinvestors.Attheend,themarketstagedanimpressivecomebackinNASDAQ....[
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TheearningseasonisliketheceremonyofunveilingofthebrideintraditionalChinesewedding,mostlyitispredicative,grandmothers,sisters-in-lawandthegroomallknowwhatthefacewillbeaftertheveilislifted.Butwhenitisasurprise,itcouldimpactthelifeofhumanbeings.Ifyoudonotbelieveit,justreadtheclassicof“DreaminRedMansions”,whenLingMMturnedouttobeBaoJJ,oneisdead,anotherisinsane.Fortunately,inmarket,thesurpriseisadoubl...[
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Thelaughofbullcanbeheardmilesaway,itseemsliketheholdingpatternfinallycanbeendedandwecanresumeourascendingfromhere.GE’snews?Thatsoundssolastcentury.ItissosimpleevenacavemancandoitJ,justtakealookofacoupleofearningsandwecandeducethefuturepathofthemarket.Butwait,whataboutotherthingsthatmaycomeintoplay?Thingslikeinflation(PPI)?Housing(housestart)andeconomy(beigebook)?AndwhataboutIBM’searningtomorrow?...[
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Today’sactionissomewhatexpected.Ifthefuturedirectionisdeterminedbyhowtheearningshapesup,then,wedidnotgetmuchhinttoday.Thatwillchangeinthenexttwodays.Eventhoughthevolumeislow,nevertheless,thepicturewasnotpretty.Itistruethatthemarketiseventuallydeterminedbythefundamentals–earnings,macroeconomyetc—thechartprovidesacondensedviewashowthosefundamentalsareperceivedbythemarket.Agriculturebusinessesareo...[
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Thepremisethattherecession,ifthereisaone,willbeshortandshallowsuddenlylookssosuspicious,thattheeuphoriathebullpainstakinglybuildsincethebeginningofthenewquartergotcrashedbyasingleswipe.Notsolongago,themarketlookedsopromisingwithallmajorindexesseemedtobreakthedownwardtrend,byFriday,inthedawnofayoungearningseason,itis,yetagain,sendbacktothesamespotwherethequarterbegan.Eventhough,itistooearlytowritet...[
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Forbull,itwasagoodday.Eventhoughthesellingtowardstheendofthesessionwasalittlediscouraging,itwasneverthelessanupday.1).thetimelyreboundoftechandespeciallysmhprovidedrenewedhopeforthegrowthsectors.2).thepsychologicimpacecannotbeunderestimatedafterconsectivedowndriftdays.
Formepersonally,itiskindofbittersweet.Ifoundoutthismorningthatmyyesterday'sbloghasbeenputonthetopofDQwhilethepre-marketwasdown...[
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ThatisthechantingweheardalotfromObama'senthusiaticsupportters.Justwishthebullcouldshowthesamepassion.
Thisslowdrifttolowcertainlywilltestbull'sconvictionanddefinitelywillshakesomeweakhandsout.however,therearesilverliningssurroundthisdarkclouds,anditwillfeelsgoodifthebullcouldjustsaytothemselveseachdaythatyes,wecan:)
Despitetheheadlinethatthemarketwentdown,thechangetothemarketisreallyneglig...[
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Themarketlostthedirectionbecausethereisnoapparentcatalysttopushmarkethigher,Earnings,atleasttheearningmadetheheadline,islackluster,buttheimplicationwaslimited.Weexpectthisholdingpatternwillcontinueinthenextfewdaysuntiltheearningpicturebecomeclearer.
Therearestillhighhopesforthepositivesurprise,thisisbecause,duringtheso-calledconfessionperiod,thereareveryfewpre-warnings,andthisexplainswhythemar...[
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Attheend,itisthecoolheadsruledtheday.
Itisthehopethattheearningwillbeokforthe1stquarter,butitisnotarealityyet,thus,tobetthemoneyonthehopeisjustfoolheaded.fortunately,attimes,themajorityoftheinvestorsaresmart,asDQcantestify:),thus,themarketendedlittlechanged.itistantamounttosay,let'swaitandsee.
andtheyshouldnotregretforthedecision.atleastforaday.
Afterthebell,AA'searningprovidenoboostof...[
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