Posts Tagged ‘CERN’
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The Market Tends to Fool the Majority
Joe Fahmy, March 22nd, 2010 at 8:45 pm, Comments: 0In my weekend blog post, I mentioned 3 possible scenarios: 1) The market could continue to be resilient and scream higher 2) The market could correct before heading higher or 3) We could possibly see an overall top. I thought we would see scenario #2. After my post, I received several emails in which everyone [...]
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Recommending Caution and Patience
Joe Fahmy, January 20th, 2010 at 7:18 pm, Comments: 0My apologies for not writing in a while. As I mentioned in my last post, I have been focusing my attention on my growing money management business. We recently partnered with a well established RIA (Registered Investment Advisor). If anyone is interested in any of our managed account products, please email me directly at jfahmy@zenithasset.com. [...]
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Notes for Tuesday 12/29/09
Joe Fahmy, December 29th, 2009 at 12:14 am, Comments: 0As a swing trader, I find it very important to analyze the volume and price action of leading stocks and of the market on a daily basis. Why? Because the market is so dynamic and can change quickly. For example, sometimes I find strong trading ideas for 2 or 3 days and then...nothing, the ideas dry up. [...]
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Nothing But Stocks
Joe Fahmy, December 27th, 2009 at 12:34 am, Comments: 0I'm going to keep the Market Commentary brief because I have many stocks to cover. I mentioned in last weekend's blog (click here to read) that the market would breakout to the upside over the next 3-6 weeks. Last week, this upside move began with a +3.3% gain on the NASDAQ Composite. Of course, the market will back [...]
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Observations so far this week
Joe Fahmy, December 22nd, 2009 at 4:10 pm, Comments: 0Let's review some positives and negatives so far this week: Positive signs: The market continues to be resilient. The Big Caps are acting strong and many trading ideas are working out very well. Recent examples highlighted on this blog include $LULU +9.3% $HGSI +8.5% $CERN +4.9% $CML +3.8% $AAPL +2.5%. These are two-day gains! Negative [...]
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Stock to Watch for Tuesday 12/22/09
Joe Fahmy, December 21st, 2009 at 5:22 pm, Comments: 0Many of the stocks I highlighted in my weekend blog significantly outperformed the market on Monday. Examples include: $HGSI +5.1%, $BCSI +3.9%, $LULU +2.9%, $CML +2.4%, and $AAPL +1.4%. It would have been nice to see stronger volume in the overall market on Monday, however, the action of leading stocks keeps me positive. Here are a [...]
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Trading Ideas
Joe Fahmy, December 16th, 2009 at 8:29 pm, Comments: 0As I mentioned yesterday, the market continues in a trading range but individual stock ideas are working out. For example, some of the stocks I discussed in my blog Tuesday night performed very well on Wednesday: $FIRE +7%, $RAX +5.6%, $JST +4.3%, $DRWI +4%, $ASH 2.1%. As expected on Wednesday, the Federal Reserve neither changed [...]
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Market Notes (11/17/09)
Joe Fahmy, November 17th, 2009 at 4:01 pm, Comments: 0As I mentioned over the weekend, a strong volume move above 2190 on the NASDAQ Composite would be very constructive for this market. We got that on Monday. My main concern is that since we started this 150 point rally on 11/3, EVERY trading day has occurred on below-average volume. However, I remain optimistic because [...]
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Market Notes (11/15/09)
Joe Fahmy, November 15th, 2009 at 11:15 pm, Comments: 0Some observations while doing my weekend stock work: 1) Big Caps: $AAPL $AMZN $GOOG $PCLN $ISRG $BIDU. Although leadership seems to be getting narrower, I believe these stocks will continue higher into the end of the year. We could possibly repeat a 2007 scenario where the NASDAQ topped in October 2007, but stocks such as [...]
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Market Notes (11/11/09)
Joe Fahmy, November 11th, 2009 at 8:46 pm, Comments: 0I always try to keep an open mind when it comes to the market. I constantly say "never get too bullish or too bearish." Just do your homework, look objectively at both the positive and negative signs, and invest accordingly. That being said, let's review what the market has shown us the past few days. [...]
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Based in Boston, MA, Joseph Fahmy is the Chief Investment Strategist of Zenith Asset Management, LLC. Joe has over 14 years of trading experience during which he developed his investment strategy... ... More » -
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