Short and sweet today-
Longs: FSLR DRYS POT and EXM are the longs on my radar.
Shorts:  RIMM AAPL and ICE for a few bucks back down to its 50SMA.
IBD will call the market ‘in a confirmed rally’ in their paper in the morning.  I still don’t buy it- mostly because it doesn’t conform to their own [...]

Wasn’t today exciting? Not really. I am starting to really get focused now. Will we see a follow through day?
Sit tight and be patient. The first few days of improvement can’t tell you if the rally will succeed. Starting on the fourth day of the attempted rally, look for one of the major averages to [...]

Today we saw the S&P and NAS break out of descending channels, and some market leaders make heavy charges to the upside on okay-ish volume.
I am still skeptical, though.  Fed-speak that triggers market action like this is generally meaningless, so again just as yesterday, I will be taking this day by day.
To the left you’ll [...]

Someone came in my office yesterday and said – I wish the market would just go up about 300 points. Wow, hit the Staples button and we are done. That was easy! Well, I am still not convinced. I bet for most people, today felt great. My opinion is that this is a bounce – [...]

Shipping stocks snapping to the upside.  Watch DRYS here (80)- it could make another leg up if you’re looking for a day trade.  Ditch her around 81.30.