http://mavericktrading.com/blog Just another WordPress weblog Wed, 29 Jul 2009 20:00:21 +0000 http://backend.userland.com/rss092 en Hi Everyone, The market is behaving pretty closely to what I expected in last Sunday’s Trading Room.  There is definitely still buying out there; but, the market has just run up too much too quickly and needed to either pullback or consolidate.  The last three days we have seen the market ... http://mavericktrading.com/blog/?p=9 Today we got the rally I talked about yesterday in the Trading Room.  I said I thought the market would rally off Goldman Sachs earnings on Tuesday.  However, before the bell today, a very influencial analyst, Merideth Whitney, upgraded the stock and said she expected “blowout” earnings this quarter.  The ... http://mavericktrading.com/blog/?p=8 I had a question from a student who was leaving his current job and moving to a new job as to what he should (or could) do with his 401k.  The benefits of having your retirement money inside an IRA (or RSP for canadians) is amazing as opposed to 401k ... http://mavericktrading.com/blog/?p=7 The market had a nasty day yesterday.  We have seen -4% down moves before; but, this one had some real negative underlying issues.  1. the move came with some fairly decent volume.   2. the advance/decline (stocks up/stocks down) was 1 to 9 (9 out of 10 stocks closed lower) and the $trin (volume of ... http://mavericktrading.com/blog/?p=6 As I talked about in the Trading Room class, there are 4 different ways to put on this trade.  There is no difference in risk/reward, break-even points, etc. in any of the combinations below. Bull Call spread 310/320  bear call spread 340/350 bull put spread 310/320   bear put spread 340/350 bull call spread ... http://mavericktrading.com/blog/?p=5 We are still in a bear market; but, we are experiencing a bear market rally at this point.  Most of the time, these rallies will last 6-8 weeks and run about 20-25% off the bottom.  Until we have improving economic conditions...or at least sideways, we will still be in a bear market. It took ... http://mavericktrading.com/blog/?p=4 When a company sells stocks, it is important to know if this was stock they already owned (called Treasury stock) or if they are issuing (creating) new shares. If they are simply selling treasury stock, there should be little to no effect on the stock. If they are issuing new ... http://mavericktrading.com/blog/?p=3 I can't believe it's launched. Building this site has been a real labor of love, and we aren't through yet! Keep coming back often to read our updated blog. and in the coming weeks our exclusive Members' Area will be available. In the mean time please enjoy our site and ... http://mavericktrading.com/blog/?p=1