Caterpillar has a top hammer pattern on the daily chart. This is a bearish pattern and may indicate a pullback, which can be a buying opportunity. The ParabolicSAR study and the Bollinger Bands are indicating that 105 is an interesting area to watch. Also keep an eye on the gap near March expiration.
Christopher Mims has a great piece at Grist on the state of Germany’s photo voltaic(PV) system compared to Japan’s Fukushima nuclear complex. We can skip over the math arguments that the PV system in Germany is 20% more efficient than Fukushima at the height of the day. The point now is that Fukushima […]
The world is shaking apart and the Japanese may need some heavy equipment to rebuild. CAT has strong demand anyway, so this could be an opportunity to ride a price spike. A 1 Standard Deviation move would put CAT at just over 90 by April expiration. This could be a good opportunity to get in. […]
A colleague mentioned that they overheard someone ranting about the people in the middle east rioting. Apparently this person’s portfolio was taking a beating because of all the uncertainty there. There are many ethical issues at play with this approach. Should we cheer for the dictator to protect our portfolio as well as their […]
There has been some discussion of legalizing Sunday alcohol sales in Georgia to boost revenue to the state. Instead of boosting revenue to the state with alcohol, let’s take a look at how alcohol can boost our revenue. Here are some well known alcohol companies. TAP Molson Coors Brewing Co BUD Anheuser-Busch Inbev […]
CNN is reporting that a disruption at Google may have caused the loss of 150,000 GMail accounts. Google is working on restoring the email, but one user in the help forum asks, “What if the cloud fails”? Most home users have been using “the cloud” since the 1990s via hotmail or through email hosted by […]