Archive for March, 2010

• The NHL, Clueless As Usual
  Posted by Leigh Drogen on March 10th, 2010 at 9:01 pm, Comments: 0

  Just a disclaimer, I’m about to rant about hockey here. The winter meetings which bring together the group of NHL general mangers always produce some interesting conversation.  The focus of the meetings is not only to wheel and deal players, but to have conversation about the game itself.  This year, given the occurrence of a few vicious [...]

• More Than Meets The Eye
  Posted by Leigh Drogen on March 8th, 2010 at 7:44 pm, Comments: 0

  The indices, dollar, and a few other assets closed pretty close to flat, with little in the way of intra day action, but there was much more than meets the eye going on underneath.  Several great breakouts took place today as the stock picker’s market continues with plummeting volatility.  If you are a swing trader [...]

• Weekend Reading – Spring Is Almost Here
  Posted by Leigh Drogen on March 7th, 2010 at 6:54 pm, Comments: 0

  It’s a beautiful weekend here in NYC, about time, I’m as white as a ghost and was wondering if the sun still existed.  The seasons are once again changing here in the northeast giving a sense of renewal and progress.  While my time spent living in San Diego was amazing, it lacked a feeling that [...]

• Momentum Book Update
  Posted by Leigh Drogen on March 6th, 2010 at 12:34 am, Comments: 0

  And just like that, here we are, all the way back to the top.  What a week it was, I’m out of breath.  The bullish falling wedges last week on the indices resolved themselves as expect in a powerful rally, bringing the small cap index $IWM to new rally highs and the $SPY and $QQQQ [...]

• Market Update
  Posted by Leigh Drogen on March 5th, 2010 at 12:15 pm, Comments: 0

  I’ve been rather lazy about giving short market updates lately, I’ve got a ton of other stuff going on so the videos at night have been better for my schedule.  As well, you haven’t seen any charts here, mostly because they are all on Chart.ly, make sure to be checking in there on a daily basis [...]

• Consolidating In Thin Air
  Posted by Leigh Drogen on March 3rd, 2010 at 10:22 pm, Comments: 0

  The market is still overbought and a little testy here, breakout the past few days have been met will selling.  It’s time to take some profits from the recent run and hide out for a little while in safer names.  The Euro $EURUSD short squeeze is on, if you trade forex take advantage, the 50 [...]

• Is Greece, Bear Stearns
  Posted by Leigh Drogen on March 3rd, 2010 at 9:33 am, Comments: 0

  As I write this, the Euro $EURUSD short squeeze is percolating, hedge fund managers who have record short positions in the Euro will be scrambling for the exits today and tomorrow.  I called a short term top in the US Dollar $USDX this weekend, I’m confident in my call there.  It’s time to start looking [...]

• Breakouts All Over the Place
  Posted by Leigh Drogen on March 1st, 2010 at 10:59 pm, Comments: 0

  As expected, the market broke out in a big way today with tech leading the charge.  I’m loaded and collecting large handfuls of alpha on the way up.  I thought about selling a little bit this afternoon, but hung on, I believe we are on our way to the highs and I want to be [...]