The Top 400 Household Incomes.

Some figures from 1992-2007. Ridiculous!

Advertisements

/NQ

Dear Jon,

The daily chart of the Nasdaq looks ugly!  Jon, the daily chart of the Nasdaq looks ugly.  Ugly as in bearish.

Love,

Jon

P.S. this is a hint for you to find premium and let the market come to you, not to trade directionally just yet.

Stuff I Would Buy

I am expecting a bit of a bear rally here. The market is pretty oversold, a bit of a rally would be healty for a permabear’s diet here. Let’s see what unfolds. Huge price action today! Lots and lots of option premium to be sold here.

Brazil looks nice!

Getting Swifty.

We’re ready in Advance. And hopefully taking advantage of a gap fill!

These will all be swing trades to the upside for me. Small positions. I’ve still got my eye for new short plays. I still think there could be a rather significant move to the downside in the pipe, but for now, I am mildy bullish.

Just follow the light of the great Mufasa.


Wacky Wednesday

Harley Davidson is in the house at work today. It’s slightly less classy than normal.

More importantly, the market tried to rally to new highs yesterday, but ran out of steam by the end of the day. The tech sector especially ran out of bullets, AAPL went from +12 to -2….YUCK Looking for more choppy action today. Let’s see what that hammer brings us.

Ducktales – Woo oOOo

Pretty epic conversation took place just after the opening bell this morning.

Chad: I’m going to buy this stock.
Me: Me too!
Marissa: What! You are buying it solely because he is?
Me: That’s right.
Marissa: If a friend jumps off a bridge…would
Me: yeah, but I don’t want him jumping into a pot of gold by himself.
Marissa: haha. Whatever.
Chad: Co-signed, sealed, delivered. It’s mine!
Me: It’s about to be Ducktales in this bitch!
Marissa: OK Scrooge!
Chad: A wooo oOOo

(Chad is my boss, CEO, and father of 3)

Rainy Day

The markets are dragging ass this morning and I have nothing constructive to add so I wrote this poem, some of you may remember it from your childhood.

It’s raining, it’s pouring
The old man is shorting
He went to bed, got some head
And woke up WAY richer in the morning.