OptionPundit

Fasten Your Seatbelts, Again

Dow dropped below its 200wk moving average, one of the indicator that I look, at times, for determining long term trends to develop a macro picture. This is not a good sign and it has never dipped...

Interest Rates - Increase or Flat?

There are two major economic indicators due today. Durable good order at 8:30am US EST and of course the FOMC announcement at 2:15pm. Markets may not move as much in the morning but expect the big...

What’s next for US Markets and OPNewsletter (Jul +4.0%)

US markets suffered big losses last week. The DOW was down 3.3%, S&P 500 was down nearly 2.5%, Nasdaq was down nearly 1.5%. This was OPNewsletter’s first week since we opened our...

Is Your Parachute Ready?

Are you ready for 300 points fall of S&P 500 in the next 3months? or more? At least that is what Bob Janjuah of Royal Bak of scotland thinks. According to him - “A very nasty period is...

RTN Closed for +25% Profits

I yesterday highlighted Raytheon and Coca Cola. Well it really didn’t touch $56 as was mentioning but then i placed my orders when it started to bounce from $57 area. A +25% profit for 1 day...

Raytheon(RTN) and CocaCola(KO)

Raytheon (RTN) has been beaten very hard recently. From a high of $67 to current $57.5 levels. To me, it offers a short term buying opportunity for a bounce that may happen as soon as it touches the...

OPNewsletter (Jun’08): Closed +11.1%

An excellent month for OPNewsletter with double digit gains. OPNewsletter’s June 2008 was closed for +11.1%. This is nearly double of my own target of 5-7% per month. These returns excludes the...

Where is the Bull?

Amongst all the bearishness in the market you might think there is none except one obvious answer OIL. There are many areas that are just moving up with their own share of correction along the up...

OPN Subscribers’ Views: Part-4

Thank you dear subscribers for your encouraging feedback. I published earlier OPN testimonials here (Part-1, Part-2 and Part-3). Your feedback especially after past two challenging month is rather...

OP Newsletter (Jun’08): +5% for Week, +11.5% for Month

What a week!! Absolutely fascinating for OPN as well for my personal account. We are up nearly +5% vs last week and to +11.54% for the month. This is nearly double of my own target of 5-7% per month....