http://www.stockrake.com

As predicted we had another down day. I covered my FXP, EPV, EUO calls, and BZQ. All ETFs for greater than 10% gains, and the EUO calls earned 49%. These were all pretty much 2-3 day trades. Now that the market got a little overcooked to the downside, I took some small long positions. PAL …

Read More

At the time of this posting, these are a list of stocks that based on typical valuation models and technical analysis are cheap and oversold. These stocks are likely being priced in for the incoming global recession, but they might have priced them down too far. Most of these stocks have PEs under 3. However, …

Read More

These three things have one thing in common. They have no bearing on short term market direction. Its all about the US dollar. You are starting to hear about it on blogs and TV. The market is moving higher because of it. You heard it from here on August 4th. So I’m glad one of …

Read More

On a day where the tape is as brown as shitty gets, two Brazil utility stocks kicked ass today. Watch them, ignore them, but take notice now so we can complain together about not trading these 20 pts from now. I actually might get some of Brazil util action once my long index bounce materializes. …

Read More

HSVLY – New 52 week high today. Don’t you…forget about its…div-i-dend. 5.9%. AZK – New all time high. Up 6.3% in two accounts, 13.5% in another. KTOS – Gave me 2 cents of love today, but ended up with a new weekly closing high not seen since December 2006. Plus it closed over its weekly …

Read More