Sign up for PayPal and start accepting credit card payments instantly.

Saturday, February 28, 2009

The Kirk Report

The Kirk Report

Mr. Consistency

Posted: 27 Feb 2009 07:07 PM CST

You may not like it, but you have to give Mr. Market some points for being consistent. Consistently bad that is.

S&P 500: This Week

For the week, the S&P 500 fell another -4.54%, Dow -4.11%, Nasdaq -4.40%, and the Russell 2000 -5.34%. While the month was started off with some hope (remember the gambler fallacy?) it ended in despair.

To make big money last week, you once again had to be ultra short, especially healthcare (RXD), industries (SIJ), and basic materials (SMN). It also would have helped to be long gas (UGA) and regional banks (RKH).

Next week is going to be another busy one ending up with another big bad jobs report on Friday. Get some rest, have some fun, and I'll see you early Monday morning.

Mailbag

Posted: 27 Feb 2009 06:07 PM CST

Mailbag
I received quite a few questions in my mailbag this week. Thank you!

Here are the topics I'm covering this week:

  • My Big Picture View Back In 2006

  • Seeking Safety Through Dividends

  • Hunting For Explanations To Intraday Action

  • One Trade I Made This Week

  • Safe Sectors Provide Little Safety

  • Visa & The Dow

  • A Quick Way To Start A Trading Journal

  • Stocks That Don't Show Up On My Screens

  • Multiple Time Frames & Channel Analysis

  • Bottom Fishing In Financials

  • Metastock Resources

  • More Confidence In Politicians Than Business Leaders

  • DecisionMoose & Portfolio123

  • Hoping For The Lows

This is a members' only post. To read, please login.

0 comments: