Fear The Future Radio

Futures way lower this morning on the rejection of the auto industry bailout plan. 2 of the bigger stocks we’re watching today are FSLR, kind of a pricey stock, but should see more downside but it’s beaten pretty down this morning. Might pop back to around 141 but not sure what else can make this one climb back to the 147 level unless the rally in solar comes back again, which of course would lead to a gap fill but whew that’s a big gap to fill. We’re also watching FAZ today. It’s the financial bear 3x ETF. This one is trading at 22.60’s in the premarket. This one might dip back down close to 22 but unless we get some kind of market rally again above 22 looks to be the price range for this one. With the markets gapping this big it’s always tricky to gauge a good entry, so be sure to just use good money management when taking positions and consider reducing the size of you’re normal amount. Don’t rush any decisions either. Remember, what you buy or sell isn’t going to influence the market so be sure you’re not trading emotionally. Trade Smart!

Futures are way lower this morning. The markets have been pretty crazy this week. Rally, sell, rally, rally sell sell…whew. It’s Friday after a wild week, and the markets are gapping down. We’re looking at GS this morning, also going to watch DIG and DUG as oil should be volatile going into the weekend. If GS drops below 108.75 and holds it could possibly see 104’s if it’s sell action today. Have a great weekend!

Futures up this morning. Not sure if the markets can keep the rally up, although even though it sold into the close yesterday with today’s gap up again we’ll see if it can sustain it. Markets may pop at the open and then it’s anyone’s guess. What we’re watching today:

X – Steel companies looked strong yesterday even when the market was selling off.

POT – Potash companies also looked pretty strong yesterday.

We’re going to also watch some ETF’s in connection with indexes. SKF, FAZ for the downside moves, and FAS and SPY for the upside. Alright better get ready!

Trade Smart!

Futures way lower this morning. Yesterday we saw a huge run and today we’re seeing some of it given back. Today is a good day to watch the indexes again. GS also a good one to watch. When the markets rally that hard in a day you want to keep an eye on the overall direction, then you can start to filter through which stocks havn’t made extreme moves and then try to find out why they did or didn’t move in the overall direction of the main indexes. FAS and FAZ are also good ETF’s, but be careful, they move in extreme moves and you can make or lose fast with them. If we see anything more specific we’ll post it. Trade Smart!

Summer Lyn Glau (born July 24, 1981) is an American dancer and actress, known for playing River Tam in the short-lived science fiction series Firefly and follow-up movie Serenity, and for playing Cameron in the series Terminator: The Sarah Connor Chronicles.

Futures slightly up this morning. It’s options expiration Friday so we can see some volatility this morning. A lot happened on Wednesday and some give back yesterday so we’ll just have to play it by ear. Watch the indexes for sure today!

Have a Great Weekend!

Futures up this morning.  After yesterday’s announcement by the Fed the markets seem to like it.  A trillion bucks is a good chunk of change.   Big moves last week and this week, can the rally continue?  Here’s what we’re watching today…

DRYS – scored a huge contract and the stock’s been beaten down the past few months.  Up over 30% this morning.  If it does run it’s one that can run LARGE, given that there’s probably a lot of short interest in it already, and that it was 15 a few months ago and over 115 a it’s 52 week high!  The current price (5.50’s) could be a peak or a new base.  We’ll have to watch and see.

GS- well, looks like it made both moves we were looking at a few days ago.  Dropped below 97 and went around 92, and went above 102 and kept going to 106.  Not sure which way we go today.

Options expiration is tomorrow so be sure to play things cautiously today…. Trade Smart!

Looks like this movie is dated! The Gov’t seems like it has no problems with 100 Billion anymore!

Futures slightly lower this morning.  There might be a little push to the upside today but we’ve had big rally days and we might see a breather today or tomorrow.  Coca cola(KO) got their buyout of a Chinese juice company denied so we’ll see how that pans out.  Real quick, we’re watching LLY who got upgraded this morning.  We’re looking to go short below 32.75.  HUM also on the short side belwo 25.60’s range.  That’s it for now Trade Smart!

Futures up this morning.  Most Asian markets were up this morning but European markets were down.  Some financial stocks up a little this morning but nothing really jumping out at me.  GS broke that 97 we were looking at and is way lower.  We’re going to watch this one today as it was downgraded but we think it could run this morning.  The R/R is really good.  Below 92 is where we’ll look for our stop but it could run back to 96 range today.  Oil stocks may also see some movement today before the inventory report tomorrow.  Trade Smart!

Futures slightly higher this morning.  The financial sector upbeat this morning.  GS, JPM, etc. all looking to open a little higher this morning.  We’re watching the 102 range to be seen today with under 97 as a stop area.  Use prices areas accordingly as it could go to that 97 area first and then run back up.  consider using those 2 price areas as pivot areas.  Another one that we’re watching but might not get into is UTHR.  It’s an interesting play but the usual volume on it is so low that it’s hard to say who’s actually moving that one.  Could see a bounce to 62 if it drops in the 50.50’s area.  One to watch.  That’s it for this morning.  Trade Smart!