Graph of Earnings....

   interesting graph on earnings....Most of the run up in stocks recently is due to the "earnings being not as bad"    As soon as the blue line goes down......Watch out......

Totally crazy tax breakdown....

www.wallstats.com    

Why isn't this poster for sale at the university poster sale? 

Picks for the week..All Short....

  BAC  (Bank O America)

    Chart....

and JP morgan

  

Shorting!!

  Stocks react violently to todays job report...Only thing that saved it was the 5 day moving average slope.      Seems people are finally wising up to the banks "trickery" in their earnings.     SSoooo much depends on Citi's earnings.....I am quite excited for fridays earnings.     This market is so overbought, its retarded.    The only thing that's keeping her going is the public.     People are wondering if they missed out on the "pop" but signs are increasing that its a bear market rally.    I (fingers crossed) hope the market starts to decline as I went short heavily on Monday!....

   Will the market do this.......

  

Today....shortfestivas!

 So I decided to go short today on financials.  Bought SKF   heres a chart......

Also, still price of oil.....So check out USO....could rip

Gold....Price is dropping......Inflation concerns don't seem to be supporting it. 

RIM

Shares performed wickedly!   

    This week it'll be interesting to see what happens......Market has heavy overbought indications but if analysts were predictive and pessimistic enough, may rise.

 Im looking at buying Modine Manufacturing, OPTI canada, and TDS

Hope these links work:   Comparison between AIG and Dow.    With all the news going on and headlines flashing AIG collaspe, investor psychology is getting pummeled.   

Canadian Dollar Vs American

 Fluctuations on this.   Now compared to Oil:  The broad trends seem to correlate with the price of oil.  This is speculation but with other commodity charts such as copper and steel the comparison could be better.    Everyone saying the American Dollar should decrease....I doubt it, at least for a while.  With so much supply and labour force available, its doubtful.   However, if commodites go on a tear, I think the CDN dollar will come back.

cool graph of AIG stock Price: 

Aftermarket

Quick idea.....

   This restructuring is insane.   But if GM and Chrysler go under, wouldn't Ford get a boost...So some go down and others gain....A normal economy...Some GM workers would get layed off but some would get hired by Ford....Makes sense..

Todays Quick Rally

Starting blogging today for School assignment...see how it goes.....Chose the finance area, interesting plus pretty damn global!

Today trading shot up heavily and but couldn't rise above yesterdays high.  Seeing a resistance pattern forming.   A few seem to think that this market is overbought, and due for some selling after the long rally of March.

  My thoughts.....Pure guesses!

  1)Not overbought-Leaders have yet to lag signifigantly ....Tech such as Microsoft are still in demand

  2)Market is reacting to bad news less and good nows much more!   (This may indicate a bottom)

  3)Commodites have a slight jump, but more is needed to bring up industrial stocks

  4)Thursday will be interesting as Job numbers report.....Could be a indicator of how traders think about economy.

-interesting tidbit in National Post on wednesday about how car sales were up signif but production was down...

Stock picks....Modine manufacturing...would need to see assets...stock hammered

-Rim reports on thursday as does SCHN...

-SCHN probably a buy....

-Rim hmmmm.....Canada is so myopic in its RIM, yet everyone has one.   Buy It