Tag «sds»

Bailout failed for automakers

Newsflash: The bailout has officially died in the senate as of 11:03pm, as it could not find sufficient number of votes from the Republicans to pass the legislation. Oil have down more than 2 dollars in the past hour and US Stock Futures have gone down for more than 3% tonight. There will be another …

When technical analysis no longer works…

Here is an interesting snapshot for SDS for the past 12 months of the year: The closing price for SDS is way above the 200-day MA, hence indicating a strong buy signal.  By adding in the volume factor, more interesting things happened, the interest of SDS is at its peak at the end of November, …