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Stock market today – opening rally

By StockJock-e | 10.10.2011 | Posted in Stock Market Today | Tags: , ,

The markets are gapping up again, on the same news that gaps us up every single time, but never actually produces anything concrete:

Submitted by Charles Hugh Smith from Of Two Minds

The Uncredible Dog and Pony Show: Merkel and Sarkozy

Does anyone take the Merkel-Sarkozy dog and pony show seriously any more? Perception management is not a solution.

For the past 18 months, every time reality threatens to intrude in Europe, Merkel and Sarkozy rush onto the global stage for a repeat performance of their dog-and-pony show. The global media declares it an artistic triumph and the “solution” to Europe’s insolvency.

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Stock tips

By StockJock-e | 10.03.2011 | Posted in The Stock Market | Tags: , ,

Browsing over the Trade Journals and Stock Tips section, I was really impressed with some very good analysis over the past few sessions.

Today we got slammed, the financial stocks were bringing the pain with -8% moves for BAC and Citi. The final hour of the day saw sellers hitting the bid right into the close. The S&P is now challenging the recent lows and fell below slightly during the session.

Through this selling,  HSM member o7media has been making some impressive intra-day calls during trading hours on the Stock Market Today thread. He was also hitting the 99.94 percential in the CNBC million dollar challenge, coming in 191st place as of last week.

Binks watch list has had some very nice lower priced stocks that have made good move, his thread is also worth keeping tabs upon.

 

 

 

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