Month: May 2010

TDI Podcast 163: Najarian – The Goldman Sachs (GS) Fetish

Guest: Jon “DRJ” Najarian discusses the markets, options and some of his favorite stocks. We also get into the markets of late and how Thursday was a day that appeared that all was fixed…but was it? Andrew starts off with some economics and market internals. Lots more….

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Veeco Instruments (VECO) – LED to Light the World

Veeco Instruments (VECO) is a play on the booming LED industry. Used in television and lighting, the need for the technology is placing demand at levels that are tough for suppliers to fill. While there is some competition (CREE as an example), other are considering entering the market....

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A Few Eco Charts to Chew On…. Is This Recovery Still On?

Mortgage applications showed a nice weekly improvement. This is one of the unintended consequences of the Euro crisis that is providing a nice amount of relief to interest rates in the U.S.

Applications are not the best indicator as they are similar to Pending Sales and only...

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Chart: Clearly Showing the S&P Resistance Level

Whether or not you think that it is Voodoo or just some lines drawn randomly on a chart, there is a good deal of respect for support and resistance points. Fibonacci retracement levels produces some very important points to consider as these are watched closely by traders.

Notice that today the...

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