Disclosure from the Chico's and Urban Outfitters posting
I forgot to disclose my holdings when my comment was published a few
minutes ago.
When an announced 'Tax Cut' increases taxes ...
Today's proposal to reduce America's top corporate tax rate is actually a
disguised tax increase.
Here is what the WSJ had to...
Chico's and Urban Outfitters are fashionable once again ...
RMP reader's were alerted to Chico's last November 23rd in the article
linked below. The shares were $9.90 at that time.
_Chico's...
Position Maintenance
Taking some names off here as I get ready to crank it up again:
RRC - Sold the Mar 65 call (mentioned the buy here at 2.3), sold at 3.8...
Pop Quiz: AAPL
What does the stock do if they do not institute a dividend tomorrow?
Position: And does it have an affect on the market?
Romney
At 12:16 PM heard "Romney Repeats Call To Cut Corporate Tax Rate To 25 Percent, Seeks To Lower Top Individual Tax Rate To 28 Percent, Would end...
Technical Action
The only technical action that seems to have overriding importance for the past couple months is a world of central bankers that are flooding the...
Domestic Oil Production Up, Gasoline Consumption Down
The Energy Information Administration (EIA) posted a surprise about domestic oil production. For the first time in twenty five years, domestic oil...
Gannett Raises Dividend Again
There's been speculation that another dividend increase was in the works given the company's solid free cash flow. Today, Gannett (GCI) made...
Ringing the Register on Herbalife
I mentioned here on Feb. 2 that we bought some HLF March...
AES and Roger Arnold's Ponzi Scheme Article
Today, Roger Arnold has a great column about foreign direct investment in China. It's a timely article because yesterday Reuters reported that AES...
Dear Dougie
Tony Dwyer's call is not unique. These divergences have been developing since early February. I must write each day about the failing number of...
Dell a Deal
Shares in Dell are off 5% after the company released its results yesterday. The funny thing is that the quarter wasn't actually that bad; on the...
Divergences
In response to the Doug Kass query - we are seeing classical short term bearish divergences. In addition to those Doug mentions, 84.6% of the...
Es & Nq Outlook -- 2/22/2012
Es
Equity futures are trading incrementally lower in a relatively quiet overnight session. I want to focus today on the...
General Market
Tuesday's price action in the major averages tells me that 13,000 for the Dow and 1,370 for the S&P 500 may be a ceiling in the near-term....
VZ
At 8:54 AM heard "T-Mobile USA Asks FCC To Block Verizon Purchase Of Spectrum." The move highlights desperation from T-Mobile following the break...
Question for our technically inclined contributors:
Given the lower number of new highs, the declining volume on advancing share prices and the stochastics...
Buying FXA on this dip
I'm planning to open a small position in FXA on the open, just a quarter size position. The Aussie dollar is offered lower on word of the...
Watch list for Feb. 22
Below are a few stocks from my current watch list. Significant upside or downside gaps often force me to remove stocks from my watch list, so you'...
Dollar Tree Weakness
Was negative into the earnings release. However, crunching the numbers and seeing the pre-market weakness has me wondering about doing what...
Big levels = resistance
Futures off a bit as some soft data comes out of Europe. Markets typically find sellers at "big numbers" Like Dow 13,000 or S&P 1370. Usually...
13,000 Euphoria Short-Lived
Stocks quickly forgot about the momentary euphoria when the Dow Jones Industrial Average crossed 13,000 for the first time in...
Transports
&&^(*^&$%#%*** transports are spoiling a particularly good day but that's what they are supposed to be doing. They are telling you the...
GILD
Gilead is trading as if they have to write-off the whole Pharmasset acquisition. I question that but I can't put my finger on when this stock is...
Apple's Push
Apple push right into the middle resistance zone from the charts I shared this morning on RealMoneyPro. That zone was around $513. I took another...
Euro/Yen
The euro is moving against the yen as well. Weeks ago I mentioned this as a pair to buy above 101.40ish. Today it tested 106.00, which is a...
Dollar/Yen
Speaking of round numbers, this currency relationship is pushing toward 80. I expect some resistance there.
Retest of 05/02/11 highs?
S&P's opened higher and filled the gap in the first hour (then regrouped and headed up)
If you want to talk SPY- the low was 136....
It's OK To Be Wrong...
...but don't be afraid to admit it. I have made my share of errors, had losses big and small on trades. For trading purposes, trying...
Let's Draw Some Conclusions
Today, Goldman came out and said Mosaic's potash assets are 40% undervalued. So, let's extrapolate to Agrium and Potash, which have more of...
Cracker Barrel (CBRL) Solid Q2
Company reported revenue up 5% to $673 million, beating the $659 million consensus estimate. "Adjusted" eps $1.20, beating the $1.14 consensus....
Watch list for Feb. 21
Below are a few stocks from my current watch list. Significant upside or downside gaps often force me to remove stocks from my watch list, so you'...
New Feature -- Daily 'Morning Call' Video
I'm happy to announce that beginning today, Scott Redler of T3Live and Real Money Pro will be featured on a "Morning Call" video each...
Extension of Mortgage Debt Relief Act Questionable
It is being reported by one news outlet that the fiscal year 2013 budget includes a provision for extending The Mortgage Forgiveness Debt Relief...
LTRO
In this morning's column I reference the ECB's LTRO plan. Here are two charts of the S&P. The first is the six weeks prior to LTRO...
Wal-Mart's Less than Wonderful Quarter
The market demanded a wonderful quarter from Wal-Mart after sending its stock price so close to its September 2008 highs. For at least the...
Look before you leap...
When Carl Icahn announced a tender offer for CVR Energy many traders were quick to buy up shares of CVR.
The problem? CVR Energy's symbol...
Home Depot Pre-Call Take
Home Depot quite possibly delivered the cleanest quarter of its entire fiscal year, and that is saying something as each quarter from the prior...

