Thursday, July 9, 2009

Today we passed the 3,000 Followers mark on Twitter

Today we passed the 3,000 Followers mark on TwitterSocialTwist Tell-a-Friend
Fari Hamzei

As promised back in May, to commemorate this milestone, we are offering 3 of our most popular packages -- at 33% off of our regular prices -- Proprietary Indicators, Phoenix Options Newsletter and Index Futures Chatroom and Streamer, as our Summer Specials.

Sign-up links are posted on Twitter. Just go to to take advantage of this offer (which expires on end of business Friday, July 10th).

Wednesday, July 8, 2009

Market Commentary as of Wednesday, July 8, 2009

Market Commentary as of Wednesday, July 8, 2009SocialTwist Tell-a-Friend
Fari Hamzei

We still stand by our May 22nd intermediate bias change, to the short side, which was again re-iterated on our June 12th blogpost here.

What is clear now is the very short-term over-sold condition we are in. The chance of short-term rebound (a dead cat bounce) has increased as we enter the Q2 Earnings Season.

This is evidenced by our MoMo reading (first chart) of below -30 as denoted by the green horizontal line and VXO trading near +3 sigma today (second chart).

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