Wednesday, August 31, 2011

Comparing Early July Rally to This One. Deja Vu $SPY $STUDY


I suppose this rally cannot surprise us since we saw one just like it about two months ago....and from a higher absolute level.

Tuesday, August 30, 2011

Friday, August 26, 2011

$PEP Challenged. $KO $MCD $CL


Yesterday I enterd long $KO and short $CL .

$FFIV Underperfomance. $VMW $CRM



80% of my trades in the last volatile month have been pair trades. Above one of the correlations I have been trading. Going short $FFIV everytime it outperforms the other two has worked well. More correlations I have traded recently to follow.

Friday, August 12, 2011

$CSCO Relative Weakness After 11.00

CSCO went nowhere after 11.00....particularly in relation to $SPY. What does it mean? Just resting for another leg up or signalling that was as much of a pop as we´ll see?




Thursday, August 4, 2011

$VPRT 30.00 Key...Resistance or Support?

July 28 (Reuters) - Vistaprint NV forecast 2012 profit below market expectations citing higher investment expenses, sending the online design company's shares down about 30 percent in after-market trade.
For 2012, the company forecast adjusted earnings of about $1.58-$1.68 a share, below analysts estimates of $2.64 a share, according to Thomson Reuters I/B/E/S.
It expects revenue of about $980 million-$1.03 billion. Analysts were expecting $975.9 million. 

Tuesday, August 2, 2011

Monday, August 1, 2011