Kudrna's Stock Market Talk

The markets were mixed this past week with slight gains in the large-caps, but small-caps took a beating. (more…)

With a shortened week, we still made small gains, but I’m growing more cautious as the days go by. We have not seen the bears gain any sustained control, but I find it hard to believe we can keep moving much higher without at least a mild pullback to relieve some pressure. (more…)

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…)

A warning flare was shot on Wednesday as the markets took a day of punishment. Surprising to most, even though it has been the norm recently, was how we recovered Thursday and Friday as if Wednesday never happened. This recovery has converted many cautious bulls to overly optimistic ones. (more…)

A new year begins and 2011 is old news, regardless if it was good or bad.  You must forget about it either way. If you had a bad year, learn from it and make 2012 better.  If you had a good year, figure out why it wasn’t better and don’t be overly confident/reckless going into 2012.  This will help ensure you have better odds of repeat success. This is the time to wipe the slate clean and focus on the upcoming 2012 performance.  This is not about what you did in the past, this is what you can do for me now. Short-term memory, forget the past outside the lessons learned.  (more…)

Referencing my weekly stock radar from Sunday night, I am highlighting a few of the charts below for potential trades.  The Santa Claus Rally is here, but as noted in our weekly homework, let’s not get carried away and buy recklessly.  Staying patient and sorting through your shopping list for the right buy is essential right now.  I expect we could see some weakness in the morning on Wednesday and Thursday as I don’t expect Italy bond auctions to be strong.   However, I believe the chase for performance will overrule some of the damage to our markets as we near the end of the year.  Dip buyers are anxious and I plan on being one of them if the selling is as weak as I expect it to be.  (more…)

Right down Santa Claus Lane.  The big man has finally arrived and the markets have rewarded the bulls with profits this past week.  Light volume has continued, but the bulls have remained in control throughout the week.  Bonds have finally sold off, fueling the surge higher in equities.  The enthusiasm and optimism has increased, but this is no time to blindly buy without a plan.  What Santa has giveth, he can taketh away at any time.   (more…)

Referencing my weekly stock radar from Sunday night, I am highlighting a few of the charts below for potential trades. We still can’t seem to get a break and enjoy a Santa Claus rally. Bonds keep moving higher leaving less capital aside for equities, the EU is still in search of a solution that seems to evade them all, so our markets continue to be weak. However, after much weakness, we are due for a bounce. (more…)