Best September Gain In 71 Years

September 30th, 2010

Remember how bearish the world was right before September? Including me. Read that title a couple more times, Best September In 71 Years.

Right before the market went ape shit in September I was as bearish as possible and got caught initially. I didn’t have any reason (signal) to get long down there. However, my signals did turn, and if I wasn’t mentally ready to make that swap, I would miss out on the best September gain in 71 fricking years!

This is why I often say, BE DUMB, MAKE MONEY. You will make more money following the move than getting in front of it. I know this because I have a lot of experience in not being dumb. I have a lot of experience in getting in front of a move and deciding if I should go with it or against it. Don’t think. At least don’t think too much. Be dumb most of the time and be smart where its needed.

How do you know if the move is going to be a trend or at least have some nice juice in it?

That comes with experience and understanding of technical analysis. Well, really there are no guarantees, but it helps understand the potential probabilities that are on your chart. So stud

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Tags: 71 Years, Best September, Years

Positron Coporation (OTCBB: $POSC) Another Breakout Alert!?

September 29th, 2010

Positron Corporation operates as a molecular imaging company focused on nuclear cardiology. The company utilizes its proprietary product line to provide solutions to the nuclear medicine community ranging from imaging systems to radiopharmaceutical distribution. Its products include Attrius, a PET imaging device; Pulse, a SPECT imaging device; Nuclear Pharm-Assist, an automated radiopharmaceutical distribution device; and Tech-Assist, a radiopharmaceutical injection shield. Positron maintains associations and relationships with multiple industry associations, including the Academy of Molecular Imaging, American College of Cardiology, American Society of Nuclear Cardiology, and Society of Nuclear Medicine. The company was founded in 1983 and is headquartered in Fishers, Indiana.

Tags: Positron, Positron Coporation

TradingMarkets 7 Stocks You Need to Know for Monday (C, BIDU, AMZN, EXPE, HPQ, NFLX, AAPL)

September 28th, 2010

U.S. equity markets look likely to open mixed when trading begins Monday morning. With the Nasdaq 100 (basis the PowerShares QQQ (QQQQ | PowerRating)) very oversold, the Russell 1000 (basis the iShares Russell 2000 Index Fund (IWM | PowerRating)) overbought and the S&P 500 (basis SPDR S&P 500 ETF (SPY | PowerRating)) more or less in neutral territory, traders will have the opportunity to be more discriminating in their short term trading in the first full week of trading in October.

Here are 7 Stocks You Need to Know for Monday

Among the day’s bigger gainers was Citigroup (C | PowerRating) on Friday. Citigroup gained more than 4%, closing at its highest levels since late July.

Down more than 3% on Friday and closing lower for a second straight trading day (and three out of the past four) were shares of Baidu, Incorporated (BIDU | PowerRating) (below).

Despite the strong selling in recent days, BIDU shares are still more or less range-bound above the 200-day moving average and remain near year-to-date highs.

Pulling back by more than 2% in Friday’s trading and closing lower for four out of the past five trading days was Amazon.Com Inc (AMZN | PowerRating).

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Tags: Know Monday, Monday

Microsoft Corporation (Nasdaq: $MSFT) Where Is This Computer Giant Headed? All Roads Lead Somewhere!

September 28th, 2010

Microsoft Corporation develops, manufactures, licenses, and supports a range of software products and services for various computing devices worldwide. The companys Windows & Windows Live Division segment offers Windows operating system, Windows Live, and Internet Explorer. It offers Windows operating system, which include Windows 7, Windows Vista, and Windows XP Home, as well as Windows Live suite of applications and Web services. Microsofts Server and Tools segment provides Windows Server operating systems, Windows Azure, Microsoft SQL Server, SQL Azure, Visual Studio, Silverlight, System Center products, Biz Talk server, Microsoft consulting services, and product support services. This segment also provides enterprise consulting and product support services; and training and certification to developers and information technology professionals, as well as builds standalone and software development lifecycle tools for software architects, developers, testers, and project managers. The companys Online Services Division segment offers online information products, such as Bing, MSN portals, and channels; and an online advertising platform for publishers and advertisers.

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Tags: Microsoft, Microsoft Corporation

Cold Hard Reality Hits Oregon, Treasurer Calls for Halt in State Borrowing, Postponement of Pressing Needs

September 27th, 2010

At long last the truth in Oregon’s finances is plain for everyone to see. Please consider Oregon’s Treasurer calls for halt in state borrowing

Oregon Treasurer Ted Wheeler wants the Legislature to cut up its credit cards before convening in January as the combination of plummeting revenues and past borrowing threaten to lower Oregon’s credit scores and increase future borrowing costs.

Wheeler on Friday called for a halt on new borrowing backed by the state’s general fund until its finances recover. The recommendation was unanimously endorsed at a special meeting Thursday of the state’s Debt Policy Advisory Commission.

Based on the latest shrinking revenue projections, the commission also has asked the Department of Administrative Services to “reconsider the timing” of some projects that have been approved by lawmakers but for which the bonds have not yet been issued.

That list includes a wide mix of pressing needs and stimulus measures around the state, from the new state hospital, a collaborative research building at Oregon Health & Science University, a statewide emergency radio network and a slew of projects at community colleges.

“This is the cold, hard reality,” Wheeler said, “and I’d rather raise it now so when my colleagues in the Legislature convene in January, there are no surprises and they are fully familiar with that reality.”

While general obligation bonds are typically used to finance big capital projects with an extended life, lawmakers have tapped them to fund operating costs in the past.

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Tags: Borrowing, State Borrowing, Treasurer Calls

Governor Christie to Test Teachers in Reading and Math

September 27th, 2010

If you can’t read, write, or do basic math, you sure can’t teach it. That is the logic behind Governor Chris Christie’s reform package that will require teachers in kindergarten through fifth grade pass tests in reading and math in order to be certified.

Everyone but the teachers’ unions and incompetent teachers should be happy with Sweeping N.J. Education Reform

Christie is turning his take-no-prisoner’s style to the classroom, demanding a top to bottom overhaul of how New Jersey students learn and teachers teach. And that means undoing tenure, seniority and other union work rules.

“We cannot wait. Your children are sitting in these classrooms today. We cannot wait to make it better,” Christie told CBS 2’s Marcia Kramer.

The governor wants to turn the old seniority system inside out and put quality teaching ahead of lack-luster performance. He will:

  • Prohibit salary scales based on seniority
  • Grant raises based on classroom performance
  • Give tenure based on classroom performance

Educational experts applauded the governor’s actions.

The governor needs the state Legislature to approve the changes to seniority and tenure. The rest

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Tags: Math