Comments about the financial markets, politics and other random thoughts of interest.

Saturday, December 27, 2008

Why eBay (EBAY) is toast

Pretty obvious. The model was built around a strong economy driven by the consumer. Now that it is a buy not seller's market, most merchandise is getting marked down 50-75%. Who needs eBay in this environment?

They have lost their way. Let's see- new product 75% off or old used product 60% off. The choice is pretty easy.

Sunday, December 21, 2008

Weekly Stock Review

Dow Jones Stocks
+ UTX PG WMT T
-MCD MMM JPM DD GE

Transportation Stocks
+ OSG LUV UNP
- CAL JBLU AMR

Stocks Getting Ready To Move
+SPTN FSYS CHT EMC TD
-APOL COCO

MACD Special
+
- DO BMO HBC

200 Day Downside
-TSCO
200 Day Upside
+ DNA SUN TLGD

50 Day Downside
- CVX BP AAUK
50Day Upside
+ LMT NOC SBUX CMI OSIP

MACD Cross Negative
-AAPL EXC NE SHLD ELN
MACD Cross Positive
+BAX BEC OSIP MPEL

ETD Breakout
+WMI

Tuesday, December 16, 2008

Options Outliers For Tuesday

In the stocks with the highest number of options, the following stocks were outliers of note. EEM saw options volume spike by 40% with the action on the put side. Morgan Stanley saw options ump on puts and calls into earnings. Best Buy (BBY) beat estimates and rocketed higher with put action in control. Can you skeptics? Last Coca-Cola (KO) saw options volume spike by 43% with serious put action compared to calls.

Sunday, December 14, 2008

Interesting Lawsuit

Bloomberg Financial Services has sued the Federal Reserve to get disclosure of where the TARP and other assets are being placed. Watch for this story to gain in coverage as the individual's rights are being taken advantage of my those in Washington D.C.
For full review of the story go to:

Bloomberg Story