ManyPeaks.com

I apologize for my recent extended absence. Since I’ve last written, most of my work time has involved moving away from trading my personal accounts and taking care of the legal and operational aspects of starting my new money management firm: Teewinot Asset Management. My papers will be filed with the […]

The stock markets finally got a little skittish about the quick spike in interest rates. The 10-year yield has gone from 4.50 to nearly 4.75 in just four days. It was last this high in June 2004.
The chart shows the upside breakout from the 18-month trading range.
This seems to me like a strong […]

Both stocks that I mentioned as low-risk buys last night showed strength in the face of broad selling. I added to my KNDL shares and started a position in ENG.
Here are their intraday charts with my entry points noted.
I contacted investor relations at ENG and learned that they don’t report 4th quarter 2005 earnings […]

12:09 PM EST
“Starting With a Clean Slate:
Periodically selling all your positions can be liberating.”
This was the headline on Rev Shark’s blog from Realmoney.com.. I couldn’t agree more with him on this issue.. as I detailed a month ago when I last went to 100% cash.
I no longer subscribe to RealMoney, so I can’t read Rev’s […]

Although I’ve recently expressed concern for the general markets, I’m still finding an abundance of strong stocks offering low-risk entry points.
I’ve also been doing a bit of programming in TradeStation.. and figured out how to place a white “7″ below any daily bar that qualifies as NR7 — meaning it made the narrowest daily range […]

Already having a profitable position in SIRF, a chipmaker for GPS devices, I was waiting for some trigger to get me into GPS device manufacturer GRMN also.
It came today.
After it ran to new All Time highs early today at 71.75, I stuck a bid in at 70.42. My bid got hit during the 12:00 […]

I am troubled by this market.
First, this weekly chart of the S&P 500 shows that we keep hanging around the Northern area of the very legit uptrend channel. (actually its the S&P tracking stock, SPY or “spyders”). That channel has dictated the bounds of this market since January 2004… over 2 […]

Not for the Dow, S&P, or Nasdaq.. but for the Russell 2000.. as well as my accounts. And for me, that includes taking a needless lick on a position (DCI) that I accidentally held thru earnings. I’m investigating a service (www.theflyonthewall.com) that should help me avoid being blindsided by such events.
ATHR is my […]