FavStocks Stock Market Forum - Technical Traders

TA4U's daily constant WINNERS

TA4U — Fri, 03 Sep 2010 23:58:48 GMT

I am really not sure if I should continue my postings here...

Is anyone around?

Rich...

Cheap Or In Trouble, Corinthian Colleges Is One Crazy Stock

inthemoneystocks — Fri, 20 Aug 2010 16:38:12 GMT

Corinthian Colleges, Inc. (NASDAQ:COCO) has been hammered lately. Fears over government regulation, oversight and a miss on earnings announced today have caused the stock to drop from a 52 week high of $20.29 to the low of the day at $4.42. As I listen to the conference call the one thing that jumped out at me was the talk of the $200 million buyback that was announced a while ago. The CEO is stating that the $200 million buyback will begin this quarter. Right now that market cap is only $400 million. That means at current levels, they would buy back half the shares. If that is true, this is very attractive at currently levels regardless of earnings or government issues. This is an extremely high risk play as funds will be dumping under $5.00 but still remains attractive to me. Stay tuned and join the Research Center to get amazing calls, analysis and education.

Gareth Soloway
Chief Market Strategist
InTheMoneyStocks - Technical Analysis Trading | Stock Market Chat Room | Learn to Trade

Market Technical Analysis - Markets Surge On Volume And Optimism,Money Flows In

inthemoneystocks — Mon, 02 Aug 2010 19:08:31 GMT

Psychology And Sentiment Whip Markets

inthemoneystocks — Thu, 22 Jul 2010 16:31:49 GMT

Federal Reserve Chairman Ben Bernanke testified yesterday, scaring the markets with his words. His comments were all bearish in regards to the economy and the recovery. He eluded to keeping rates low for a long time to come as the recovery was going to take far longer than anyone had thought. After saying this, the markets fell off a cliff, selling sharply and closing near their lows. Today, the markets are having a huge rally. It is as if nothing happened yesterday. What is the difference between yesterday and today? Frankly, nothing has changed but the markets continue to react in the opposite direction of the retail, amateur trader. As soon as the market psychology gets bearish, the markets reverse. As soon as market psychology gets bullish, the markets reverse again. Black box trading programs, hedge funds and big financial trading desks have taken the market whips to new heights. Just look at the moves in the last three days. The SPDR S&P 500 ETF (NYSE:SPY) on Tuesday gapped down to $105.87 and closed the day at $108.48. Wednesday, the markets gapped higher to $109.04, then reversed to close at $107.07 after hitting a low of the day at $106.63. After closing yesterday at $107.07, the SPY hit a high today of $109.85. Talk about whips! If you did not have your seatbelt on you would be in major trouble. This price action is likely to continue in the near future. The whips are being helped by uncertainty and mixed economic news. We alerted our subscribers that this type of crazy action was going to take place. This keeps us with very short term swing trades so we can maximize the profits. To get more analysis, guidance, education and trades, join the Research Center.

Gareth Soloway
Chief Market Strategist
InTheMoneyStocks - Technical Analysis Trading | Stock Market Chat Room | Learn to Trade