Chris Grande» Opinion

Storm Brewing?

Chris Grande — Thu, 10 May 2012 22:59:03 +0000

As mentioned last night, Cisco reported a weak outlook and as expected, too the stock down big today. It also led to investors selling Salesforce bigtime (a company I was short in my test fund til yesterday – bad timing!) . With those terrible reports, the market was still green slightly today but ended weak. [...]

Storm Brewing? is a post from: Chris Grande

The Real Excitement Was After Hours

Chris Grande — Wed, 09 May 2012 22:13:05 +0000

We’ve had an interesting evening – on top another failed rally at the end of the market day, We had: More companies disappointing Cisco saying Europe looks tough and IT Spend Trend Weak European leaders clashing over “austerity” We do this every year. Analysts talking how big the second half was going to be. Then [...]

The Real Excitement Was After Hours is a post from: Chris Grande

Trust

Chris Grande — Wed, 09 May 2012 00:01:54 +0000

I don’t trust the markets. I don’t trust individual companies. And I certainly don’t trust management of most companies. Why am I telling you this? Because that’s one of the biggest ways people get burned in the markets: falling in love with a company, with a CEO (figuratively), with stocks in general. it has pushed [...]

Trust is a post from: Chris Grande

Buy The Dippers Trying Hard

Chris Grande — Tue, 08 May 2012 16:03:15 +0000

This morning several support levels were broken on stocks, indices, commodities etc. Gold took it the hardest as it moved strongly below a trend line, and would need to reverse today to prevent a downtrend from starting (though of course it can always do what it wants after). Of course if it reverses, it could [...]

Buy The Dippers Trying Hard is a post from: Chris Grande

Spastic Market Continues

Chris Grande — Mon, 07 May 2012 21:54:53 +0000

Hyper-reaction to earnings announcements was one market peculiarity that I pointed out in Friday’s blog post. This trend continued today after hours as 2 “hot ” stocks – RAX and MAKO – were slapped down (MAKO almost 30%) due to imperfect outlooks for the near future. Understand something – both companies are showing impressive growth [...]

Spastic Market Continues is a post from: Chris Grande

End of the Day

Chris Grande — Sat, 05 May 2012 02:01:07 +0000

QQQ’s down on big volume, DIA also down on higher volume – a few people sold into the close as markets hit their low at 4PM This doesn’t bode well for longs -however, the charts for QQQ and DIA look similar to two other recent mini flash crashes on 3/5-3/6 and 4/23-4/24. We will have [...]

End of the Day is a post from: Chris Grande

Friday Lunch & the Markets

Chris Grande — Fri, 04 May 2012 18:19:07 +0000

I’m keeping my eye on the market ETF’s like DIA and checking to see the volume. I don’t see any panic today and we’ve had plenty of minicorrections only to have shaken out bulls have to get right back in. The QQQ’s look a little more disturbing as the pullback volume over the past 4 [...]

Friday Lunch & the Markets is a post from: Chris Grande

Cautious

Chris Grande — Wed, 02 May 2012 04:30:58 +0000

Today seemed like a great day for bulls but I am a little cautious (am I ever not?). Of course the market was up, but under the hood, some interesting things were happening. First off, in my opinion, the market is merely levitating because that’s what the market does absent of news. If the market [...]

Cautious is a post from: Chris Grande

Green Light for Dividends

Chris Grande — Thu, 26 Apr 2012 17:53:58 +0000

Mid day thought: Bernanke’s continued pledge to keep rates low was a blast off point for high yielding stocks. Telecom stock charts look like tech stock charts over the past few days and today with some exploding higher, it almost looks like a blow off top but, with no where else to get a decent [...]

Green Light for Dividends is a post from: Chris Grande

Orgasmic

Chris Grande — Wed, 18 Apr 2012 13:20:18 +0000

Folks were very excited yesterday. We had very large index moves on the Nasdaq, DOW and S&P (as well as many foreign indices) – though on lower volume than the previous day. As we know, we can’t explain every market move but it looked like some traders were buying the near term steep dip in [...]

Orgasmic is a post from: Chris Grande