Whilst as traders and people, we all tend to make New Year resolutions. The market however seems set to continue in the same vein as in 2013, with the primary focus remaining the constant debate of tapering, and as I have said before, what I call ‘tweaking’.
Merry Christmas
Investors Alert – Market Status
A quick Intel (INTC, quote) update on our option position from earlier in the week.
Intel Corporation (INTC, quote) has been in downward spiral for the past 6 months as traders leave the chip maker on concerns of a landscape shift away from the desktop to tablets and other mobile devices. To see just how of impact the mobile landscape is look no further than the giant stodgy software maker Microsoft (MSFT, quote) as they ready their release of Windows 8 which attempts to branch
We had a subscriber ask about any suggestions where to look for possible currency ETFs action. Interest rates at record rates not only in the U.S. but globally as well. Add into the mix huge amount of monetary easing like QE3 from U.S. Federal Reserve and central banks around the globe like Japan, Australia and England just to mention a few has seem have broken the system.
Welcome to Monday’s Morning Coffee Break – U.S. markets started the 4th quarter on uneven footing last week that somehow managed to pull off a positive week with the Dow Jones sitting at its best level since December 2007.
Welcome to Wednesday’s Morning Coffee Break – U.S. markets start the third session of the week after two straight days of uneven trading. One positive take away from yesterday’s session was the break in the final hour sell off that has persists the last few weeks.
Today we are looking at taking advantage of Mr. Schultz’s leverage buy out (LBO) of Best Buy (BBY, quote) and as the current Best Buy board drag their feet as if they are not sure what to do with the company it gets worse for Best Buy and better for Mr. Schultz.
Looking at the iShares Silver Trust (SLV, quote) ETF from the viewpoint of a technical standpoint the SLV is testing its previous high
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