Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Random Thoughts: Bulls Stretch to Key Resistance


Keep your eye on key technical levels.


We interrupt the grilling on the hill to take a fresh peek at the marketspeak. Remember, Minyans, we're all just pawns in this game. We can agree, agree to disagree, disagree on agreeing to disagree or disagree altogether but when push comes to shove, we must adapt (not conform) and walk the walk as they talk the talk. Some Random vibage:

  • This was the first of a series of interviews on Yahoo Finance this morning. Two questions. First, am I allowed to talk about this stuff? Second, am I really that chubby?

  • The financials hold the key to the sentiment vault. Being one trade away from financial Armageddon, as Big Ben offered yesterday, is sorta spooky. Whether or not that is a necessary brink in the wall of worry remains to be seen. Again, it's possible to have both (a trade higher and further lows).

  • Big beta is interesting, with Research in Motion (RIMM) and Apple (AAPL) on one side and Google (GOOG) and Amazon (AMZN) on the other.

  • I didn't expect to see bifurcation in this complex but hey, I didn't expect alotta things. Like... the taste of breadfruit. It looks like a fruit, it tastes like bread. Go figure.

  • (Please note, the following blurb appeared on the Buzz & Banter at 11:35 AM)
    With a conscious nod that there's mas risk out there, my sense is that if Boo can't turn the downside screws in the next hour or so, the "can't get 'em down" crowd will chorus into the close. Hey, maybe that's just want him wants us to think. (Him doesn't like it when we talk like that!).

  • Speaking of invisible hands…

  • What the heck are Asian and European investors thinking as they listen to the heads of the US banking system tell congress that the failure of one firm would bring down the entire US--and by extension global--economy?

  • It's easy to play Liar's Poker if you're able to print chips.

  • We've spoken about important levels to the upside (S&P 1405, DJIA 12,800) but what about levels of downside lore? How 'bout S&P 1315, if and when, as it's the first higher low we've seen in some time.

  • File this under "a broken clock is right twice a day" but pharma trades with a bid.

  • What's YOUR number? Mine was a LOT higher than I thought. Click on the ING advertisement on Minyanville to find out!

  • As go the piggies? Yeah, note the poke that is BKX 86.5 on a closing basis as the next technical step.

  • If only I got home sooner…


< Previous
  • 1
Next >
No positions in stocks mentioned.

Todd Harrison is the founder and Chief Executive Officer of Minyanville. Prior to his current role, Mr. Harrison was President and head trader at a $400 million dollar New York-based hedge fund. Todd welcomes your comments and/or feedback at

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

Featured Videos