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iStockGenie

  1. As FB broke $30, volatility moved to 60%, now moving to 63% as the meltdown continues. We'll see if the put sellers panic on this dip
  2. Why I am bullish; More than half of all S&P 500 stocks yield more than the 10-year. bit.ly/Ktj28z
  3. Long @ SandRidge (SD) @ $6.40; price to book of 2.1 and a forward PE of 18
  4. Facebook's measly 23 cent per share gain was still worth $115.7 MILLION to Mark Zuckerberg today
  5. This week's selling was more controlled, deliberate. All five days saw 4%+ breakdowns on heavy vol above 200, but none were above 500
  6. U2's Bono will make multiples more on $FB IPO than in entire 30+year music career stks.co/3tWB
  7. I don't like shorting oversold market but boy, this market is so weak. $CHS $KORS $DECK $CRM $UA $ULTA $INT $CROX $BEBE all short setups
  8. Even though the market is oversold (& it certainly is - 6 out of last 8 days have given me oversold readings) I still see many bear flags
  9. New Gold (NGD)-Formed a bottom at $7.20, most immediate development project, New Afton remains on schedule for Aug 2012 twitter.com/iStockGenie/st…
  10. Some tentatively better signs: GM first up day, SPY successfully holds 113.95 (3x), financials trading better (JPM+)
  11. The commodity slaughter continues unabated.. it remains the worst place to be.. and it is very reminiscent of 2008
  12. It's good to see market reverse off its lows again but I still don't see many high quality swing setups at all. Patience remains key. $$
  13. #VIX up 15% this mth while S&P financial sector down about 4.7% MTD, underscoring growing caution
  14. Nat gas +5% in a heartbeat??
  15. S&P 500 1340 what I keep hearing as key. It's the March low & also 100-day moving avg. $SPY #lookout twitter.com/CNBCMelloy/sta…
  16. #SARKOZYSELLOFF Early futures trading pointing to a 130+ drop in the Dow as Euro falls. Risk off/buy dollar/sell commodities is the trade
  17. overflow crowd 550 people open day FB IPO roadshow monday@ sheraton NY; underwriters told no more people; grouse lack of space
  18. Saw some setups in my scans just now, but nothing that makes me think we are guaranteed to rally here. Take things slow IMO for now
  19. $YELP dying to test its lows (mid-19's). Grt example of why you focus on price action, not hype
  20. $$ Here's the outlook for wk ahead - mrkt in correction, tons of news & earnings this week, going to be very tough out there. Cash is king!