Local bottom

By NYADV and NYMO, The market is so oversold at this point so I am guessing a local bottom here. If tomorrow there's more down 0.5% - 1% (which I doubt will happen), it would be an ideal entry point.

$CPC didn't spike much at the close, so there's not much of panic selling.

I loaded 200 EXM @ $6.76 and 600 OCNF at $1.26. However, I sold OCNF after market for $1.35 for a quick small profit. +7%, couldn't resist it. I Will look for re-entry point tomorrow if possible.

夜观天象

明天大跌

很久没有看见这样全红的景象了

Preferred Stock - hide Mkt Cap

BWF 23.43 -0.27 (-1.14%) 1.47B
WFC-J 22.16 -0.19 (-0.85%) 2.04B
USB-K 20.88 -0.18 (-0.85%) 416.20M
JPM-I 25.26 -0.14 (-0.55%) 1.62B
C-W 15.50 -0.73 (-4.50%) 0.00
BAC-Y 15.65 -0.95 (-5.72%) 310.88M
WB-D 22.10 -0.31 (-1.38%) 654.93M

今天洁癖猫被stop out,决定暂时不碰金融股。

NYSI

Down trend again. Will it hold? I don't know.

In 100 JPM 33.46. Set a tight stop at 32.46.

Nothing exciting

I wasn't expecting the flat close two days in a row, especially for financial stocks. Still stay sidelined.

Breakout for Financial sector?

Financial sector has been pretty weak since the releasing of stress test results. Most of the banks issued new stocks and some are really heavily diluted. It's interesting that the major banks and the regional banks started to diverge now.

This coming week will be interesting for Financial stocks.

XLF took a round trip, what about FAZ?

-16%!!!

Confused and confused

Busy with work lately and Monday's surge made me lost on SDS and FAZ again. With the rally that we had in the past few days, now the intermediate trading signals turned bullish now. I really don't see a clear trend in this market now. I may do small amount of "buy on dip" and take profit aggressively. Next Monday maybe an important day for the bank stocks. Will keep an eye on it.

I am paying attention to the bulk shipping stocks such as EXM, DRYS, OCNF, as well as solar stocks.