Without Buyback Support, RIM Approaches Two-Year Lows

(This is an excerpt from an article I published on Seeking Alpha. Click here to read the entire piece.) In my last piece on Research In Motion (RIMM), I described the details from the company’s conference call warning on this quarter’s earnings…RIMM barely paused to take in the scenery at the October lows. The stock … Read more

Silver Fails Resistance, All Eyes On Copper’s Support

(This is an excerpt from an article I published on Seeking Alpha. Click here to read the entire piece.) Silver failed at its 50-day moving average (DMA) resistance in spectacular fashion. Silver dropped 9% and gave up almost its entire gain from the previous three-day relief rally. Source: stockcharts.com As I mentioned in my previous … Read more

T2108 Update: May 11, 2011

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about this technical indicator, see my T2108 Resource Page.) T2108 Status: 63% and Neutral – just fell from overbought General Trading Call: Hold. If no shorts in the portfolio initiate “some”, more aggressive on break of May low … Read more

China’s Inflation Could Be Worse but Stimulus Money Is Sitting In Investments, Not Consumption

Originally posted on “Inflation Watch“… Nightly Business Report produced a short video segment describing China’s inflation woes (transcript included) called “China’s Inflation Battle.” The commentator identifies China’s RMB¥ 4 trillion stimulus program (around $585B USD at the time) as the original source of the inflation and takes us to Pengshui, 1000 miles from Beijing, to … Read more