Written by |

A Reason to be Bearish: $CAT ($SPY, $QQQ) 4.1.2013

From the technical prospective, CAT shares are below the 200, 150, 100, and 50 day moving averages. The copper market is also below these moving averages, echoing the bearish technical set-up.

In recent news, Susquehanna analyst Ted Grace lowered his 2013 EPS estimates from $8.00 to &7.45. And just today the ISM index fell to worse-than-forecasted levels…both not helping the CAT bulls in the short term.

—
Author
salernoma@mx.lakeforest.edu

A Reason to Be Bearish

Written by |

A Reason to be Bearish: $CAT ($SPY, $QQQ) 4.1.2013

From the technical prospective, CAT shares are below the 200, 150, 100, and 50 day moving averages. The copper market is also below these moving averages, echoing the bearish technical set-up.

In recent news, Susquehanna analyst Ted Grace lowered his 2013 EPS estimates from $8.00 to &7.45. And just today the ISM index fell to worse-than-forecasted levels…both not helping the CAT bulls in the short term.

—
Author
salernoma@mx.lakeforest.edu

A Reason to Be Bearish

Written by |

Options Trading

Learn Options Trading

KeeneOnTheMarket offers several ways to learn options trading. One way to learn options trading is to sign up for our Live Trading Room and follow trading veteran Andrew Keene.

Another way to learn is to subscribe to our premium twitter feed. It tweets Andrew Keene’s options trading throughout the day.

Another way to learn options trading is to get one-on-one mentoring from KeeneOnTheMarket’s expert staff. 

Written by |

Trade Online

Learn to Trade Online

One of the best ways to learn to trade onilne is to sign up for KeeneOnTheMarket’s Live Trading Room. Follow  veteran trader Andrew Keene as he trades online all throughout the day. Get all your questions answered by an expert options trader.

Another option to learn how to trade online, is to sign up for our premium twitter feed to follow Andrew Keene’s trades throughout the day.

If that’s not enough, there’s two other ways to learn to trade online: a one-on-one training program or an online trading bootcamp offered by KeeneOnThe Market.

 

Written by |

A Note On Bitcoins 3.28.2013

Many remain wary of the Bitcoin market.  A series of highly publicized Bitcoin “thefts” by hacking groups have left even Bitcoin veterans with concerns about the security of the online storage systems, referred to as “wallets”, used to house individual’s stores of the currency.  Many national governments also fret over the “untraceable” nature of the currency, fearing that the surge in value may be bolstering the holdings of illicit drug dealers or terrorist organizations.  Traders should look out for further attempts by national governments to regulate Bitcoin markets, as some fear that a successful attempt to do so would remove the novelty from Bitcoins as an instrument and pop what many see as an overvalued commodity bubble. 

—
William Randall
KOTM Contributor
wrandall1@luc.edu