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  • Don’t Let Your Beliefs Infect Your Tape Reading
    Posted by Leigh Drogen on October 21st, 2010 at 2:18 pm, Comments: 0

    I’m starting to get sick of this talk about QE2, and it’s coming from people I read every day, people I respect.  I think it’s sad, that they allow their tape reading to be infected by their beliefs in what is right and wrong regarding economic policy.  Look this isn’t anything new, and it crosses [...]

  • Infinera Shatters Optical Land
    Posted by Leigh Drogen on October 20th, 2010 at 11:16 am, Comments: 0

    On Monday evening Infinera Corporation $INFN crushed the optical space after crushing their earnings estimates but giving guidance that was extremely weak.  Before we get into the whole optical story, let’s just review that earnings report in a little more detail. Infinera reported Q3 EPS of 0.18, double the 0.09 analyst consensus estimates.  Revenues rose 56% [...]

  • Market Needs To Chill For A While
    Posted by Leigh Drogen on October 19th, 2010 at 10:41 pm, Comments: 0

    It’s time for the market to chill here for a while, yes that’s a technical term.  Ok, it’s not a technical term, but it sums up pretty well what I’m seeing right now.  Watch the videos for specific examples of what I’m referring to as chill, which is rather vague

  • The Problem With Government Is…
    Posted by Leigh Drogen on October 19th, 2010 at 5:01 pm, Comments: 0

    That line has to be the beginning of so many cocktail party screaming matches, hahaha.  Anyway, get ready for a full on rant.  In no way should this be regarded as political science research of any kind, and I have no facts to back any of this up, it’s all anecdotal. It’s become obvious to me [...]

  • Patience, Patience, Patience
    Posted by Leigh Drogen on October 19th, 2010 at 9:15 am, Comments: 0

    I’m having an god awful morning, I’ve got three green positions and the rest is a sea of red.  This is the worst beating I’ve taken all year, but that’s ok.  We’ve made a lot of money over the last two months and with a huge equity exposure on the long side things like this [...]

  • Chart.ly TV 10/18/10
    Posted by Leigh Drogen on October 18th, 2010 at 10:23 pm, Comments: 0

    I sat down tonight with Jason @wwwstockrake and Ron @gtotoy to discuss what strategies they are employing now that the market has run pretty far in the past week or so.  It seems like after the market gave the green light early last week to pile in on the upside, we all agreed that we’re [...]

  • Momentum Watchlist Review
    Posted by Leigh Drogen on October 18th, 2010 at 12:21 am, Comments: 0

    Three videos tonight, the first is an overall market review, the second two look at some specific setups still present in a market that isn’t showing too many right now.  Remember that I do not include my portfolio positions in these reviews, so they aren’t necessarily the best ideas, just the ones that I don’t [...]

  • Religion and Science
    Posted by Leigh Drogen on October 17th, 2010 at 10:14 pm, Comments: 0

    I’ve been saving this one up for a while, waiting for the right time.  I’m talking about Albert Einstein’s opus “Religion and Science”, originally published in the New York Times Magazine in November of 1930.  It has been for much of my life, a guide for how to look at the world.  Ask his contemporary Steven [...]

  • Opening Night Adventure
    Posted by Leigh Drogen on October 17th, 2010 at 12:56 pm, Comments: 0

    Opening night at home for the Rangers on Friday was, well, let’s just say it was an adventure.  Let’s just recap what took place.  Gaborik took a hard check into the boards in the first that resulted in a boarding penalty, and a separated shoulder.  He’s out 3-4 weeks, but worse, these types of injuries [...]

  • Momentum Book Update: Technologme
    Posted by Leigh Drogen on October 17th, 2010 at 10:58 am, Comments: 0

    Anyone noticed that the $QQQQ is within spitting distance of its 07′ high?  This shouldn’t surprise anyone, $AAPL broke through 300$ with authority this week and as it’s 20% of the Nasdaq.  As for the $SPY, still trapped below major resistance where it fell off a cliff back in 08′.  Why?  Because it includes decent [...]