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  - A Moral Victory for Energy
at 2006-02-26 00:45:14

It looks as if many of the quality energy stocks have now dip down to attractive buy ranges according to their relative strength. I am normally early in my initial entry prices, but since I advocate dollar cost averaging, building a position is less stressful than buying an entire position with one trade. Here is the definition of the Relative Strength Index or RSI:

"The RSI compare


Source - http://www.johnmugarian.com/archives/2006/02/a_moral_victory.html

  - Scare Them Away, Then Buy'em Back
at 2006-02-26 00:45:14

After rallying first thing this morning, energy stocks continued to shake shares of stock away from timid investors. Is the ballgame over for the energy sector? Not by a long shot.

I am hearing kook after kook mention how alternative fuels are going to come to the rescue. Heck, even the President is talking about corn husks and wood chips. Yeah, right.

Behind the scenes the glob


Source - http://www.johnmugarian.com/archives/2006/02/scare_them_away.html

  - US durable goods orders fall in January
at 2006-02-26 00:49:54
The US durable goods orders data for January look weak. From Reuters:

New orders for U.S.-made durable goods plunged 10.2 percent in January, the biggest drop in 5-1/2 years, as non-defense aircraft orders posted their largest fall s


Source - http://skepticalspeculator.blogspot.com/2006/02/us-durable-goods-orders-fall-in....

  - Japan's trade balance falls into deficit, German confidence up
at 2006-02-26 00:49:54
A trade deficit is not something you normally associate with Japan, but it happens now and then. From Reuters:

Japan logged a monthly trade deficit for the first time in five years in January as high oil prices boos


Source - http://skepticalspeculator.blogspot.com/2006/02/japans-trade-balance-falls-into....

  - Inflation comes with strong economy, but not in China
at 2006-02-26 00:49:54
US inflation accelerated in January.

Consumer prices surged 0.7 percent last month, above Wall Street forecasts for a 0.5 percent increase, as energy costs soared. But the closely watched core Consumer Price Index, which excludes vol


Source - http://skepticalspeculator.blogspot.com/2006/02/inflation-comes-with-strong-econ...

   
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