ASN Earnings Preview

Over the past few weeks I have been searching for a new apartment in Boston, MA. Among the choices was a 1-bedroom apartment in the newly built Archstone Smith building, adjacent to the Boston Common. The building is nothing short of amazing and I was sold on the appearance alone. As I write this […]

Clean Coal Power Plants

For quite some time we have expected coal power plants to be equipped with new technology to reduce pollution. Last week Republican Charles Anderson (Waco ,TX) asked legislators to postpone the development of clean coal power plants in Texas. He believes natural gas is currently a cheaper alternative with fewer pollution risks, and needs […]

Trend Trading - Timing Market Tides by Kedrick Brown

Trend trading has always been an important concept to understand, yet very few traders have the discipline or knowledge to effectively time their entry and exit in a trend. The first two chapters of this book are difficult to get through, and at times I found myself skimming the pages rather than reading and comprehending […]

SSP - Excellent Earnings

EW Scripps (SSP) beat the Street’s estimates by five cents in their fourth quarter (Dec ‘06) this morning. After owning these shares at $44 in April - and subsequently selling two weeks later for $47 - I can now say that the company was an excellent long-term buy. With shares now trading at $52.16, I […]

APA’s Symmetrical Triangle

Let’s take a look at this symmetrical triangle forming on APA. We can see that the stock is consistently making higher lows, resulting in a strong uptrend as buyers chase a diminishing supply of stock.

We can learn from past trends that a consolidation will take place prior to an extended period of buying or selling. […]

Positive outlook for WIRE

Last week copper prices rallied, sparking a new interest in copper-related stocks. With a potential strike in Chile and warnings of supply shortages from China’s leading copper producer, there has never been a better chance for copper stocks to rebound.
Texas-based Encore Wire Corporation ($23.21) trades at just 3.8 times earnings and nearly 55% off of […]

Alternative Energy Sector

With the price of corn futures nearly doubling in the past six months, companies in the alternative energy sector have seen their profit margins and stock prices deteriorate. In the State of the Union speech tonight, President Bush is expected to discuss the escalation in the federal mandates on the use of ethanol as a […]

Time to Cash Out on WYNN

If you owned this stock in the 70’s or 80’s, expecting a generous return over the next year, consider yourself lucky to receive the same profit in three months. Since breaking into triple digits, WYNN’s stock price has continued to appreciate. With volume beginning to increase in recent sessions, you may see institutional selling pressure […]