This is a long one and I am going to rant a bit. Buckle up. [more]
Following up my CAPS call with real money here. Below 1300 should be bought!
As of right now, Tuesday June 24th with the S&P trading at 1305 I am changing the overall market bias to outright bullish. [more]
The XLF has put in a double bottom at 22.28 from the Bear Stearns low.
The agricultural bubble is completely out of hand and corn topped a few days ago at $8.00. Shorting IPI at 65. (worst Ag bubble stock) Might be early on this one but it seems like the flood damage is priced in now.
Both of these are short term (few week) trades.
Taking a look at my CAPS account yesterday, most were financial shorts that had made me 30, 40 or 50% over the last few weeks. [more]