Kudrna's Stock Market Talk

Referencing the weekly homework and stock radar, I am highlighting a few of the charts below for potential trades in undervalued stocks.

After the first 90 minutes of action Tuesday morning, the enthusiasm was quickly sucked out of the market for the rest of the day. We gapped-up on the “Greece is saved” continuing theme only for volume to fall off a cliff and the action become very boring to watch/trade. (more…)

This article is a recap of events currently underway in the Hepatitis C arena compiled with facts from industry experts and articles over the last several weeks about what is currently talking place right now. (more…)

Referencing the weekly homework and stock radar, I am highlighting a few of the charts below for potential trades in undervalued stocks.

As expected, The “Greece is saved” theme continued yet again.  Stocks bounced back on Monday as Greece finally approved austerity plans late Sunday. The next test for the plan is a vote on Wednesday from the European finance ministers.  They will vote to approve the bill.  (more…)

Quote of the Day:

I don’t think we’ll come to any results tonight. The negotiations have made progress but we’re not there yet.

Wolfgang Schaeuble – German Finance Minister (more…)

Referencing the weekly homework and stock radar, I am highlighting a few of the charts below for potential trades in undervalued stocks.

We had a gap-down to start the week off and as usual in this new environment, the bulls came to the rescue.  With the Greek deal far from agreed upon, many thought today was the day we’d finally receive some weakness which would hopefully reset the many overbought charts.  Instead, the trend for the past few months continued yet again.  A gap-down finds enough dip buyers that it can not break to new lows, so we drift north for the rest of the day towards even.  This action is not helpful for traders as we must be extra selective with our capital keeping trades either smaller or fast and aggressive as we trim into the close rather than hold overnight. (more…)

Referencing the weekly homework and stock radar, I am highlighting a few of the charts below for potential trades in undervalued stocks.

We finally saw signs of consolidation this morning, but it was short-lived creating continued frustration for the bears.  The trend over the past few months has been that gap-ups tend to drift down towards the rest of the day and gap-downs tend to drift up the rest of the day.  Today continued that trend as we drifted back towards even on the day. (more…)

Referencing the weekly homework and stock radar, I am highlighting a few of the charts below for potential trades in undervalued stocks.

On the outside, it may look like Monday was a flat day in the markets, but the underlying action was far more bullish than that view provides.  Bonds were weak again helping provide fuel for equities in the form of additional support and “ammo” for dip buyers to put to use.  If bonds continue to weaken this week, all of this talk of a market top forming will likely be far too early. (more…)

Looking around at just about any modern city in the world you might be forgiven for thinking that Apple (AAPL) has taken over the world. With literally millions of Iphones, Ipads, and Ipods being sold every month, Apple’s products are some of the most popular in the history of the world. Apple is in nearly every corner of the world as evidenced by its own website. Finally, the company became the largest in the world in terms of market cap back in August 2011.  (more…)

There is no question that the US has a new “Crown Jewel” leading the way in the US. Like Potash is to Canada, we have uncovered Cheniere Energy (AMEX: LNG) located here in Houston, Texas.

Cheniere Energy is working on exporting LNG to World Trade Organizations not already approved by the DOE. So, what’s all the hoopla about LNG and alternative energy sources using natural gas? (more…)

The struggling Yahoo (YHOO) is trying to draw a rabbit out of a hat with its latest CEO selection. On January 4, 2012, Yahoo named Scott Thompson as its new CEO. Thompson is the current president of the popular Paypal service (a subsidiary of Ebay (EBAY)). Thompson will officially start the job on January 9th. (more…)