Saturday Rock Blog: Right here, right now, You're not from Brighton

Saturday Rock Blog: Wildcat, Loud Pipes

Saturday Rock Blog: In Dreams

Saturday Rock Blog: Somebody to Praise

VXX hard to short? I'm not all that surprised..

From an awesome new feature on Yahoo Finance called Market Pulse:

LNKD isn't finished

Its a bit of a stretch to use a chart that only has 11 trading days of history for technical analysis but LNKD looks bullish to me. If we consider the LNKD IPO price ($45) as the bottom of the flag pole then the pattern fits an almost perfect tight pennant and targets ~$160. It may sound counterintuitive, but the fact that LNKD is such an obvious bubble (using any reasonable valuation metric) makes me even more bullish. It must be full of shorts by now and with its tiny float (50M)the upside could be swift. I wouldn't even remotely think about buying this .com for the long haul but I'd bet it rallies big after the broader market rebounds. Sure, we could very well be entering a new bear market on the S&P but we won't go straight down. At some point we will rebound (probably soon) and LNKD will lead the way up. I've seen it dozens of times (and been burned betting against stocks like this), the most ridiculously overpriced stocks go up the fastest and the most (eg CROX, RACK, DECK, BIDU, NFLX, CRM and so on).

Disclosure: I have no position in LNKD

Monday update: Bought a few front month 85$ calls at the open for a trade.

Saturday Rock Blog: Yar Mar

Saturday Rock Blog: The Revolution Will Not Be Televised, RIP Gil Scott-Heron

CREE

Disclosure: I picked up a few calls today.

The Japanese Bear Market

Disclosure: I own June EWJ puts that I plan to roll forward soon.

Saturday Rock Blog: Sneakin Sally Through The Alley

I'll get an EWJ chart up in a few hours, I have some puts.

That AAPL chart almost fits this perfectly:

AAPL: Continuation Pattern or The Top?

And how about some more Steve Winwood, because, why not?

Crude is hanging in there

First, the bull market in small caps (IWM)

Saturday Rock Blog: Higher Love

Sorry for the hiatus, I've been distracted by other things over the past few months. I've actually been watching a number of issues in the market, there's a lot going on right now. I'll post a chart a day for the next week or so. Enjoy!

Sunday Rock Blog: Kick Push

ICE Reversal?

ICE has been grabbing more headlines than usual lately after joining with NDAQ to bid for NYX. As you can see in the six month daily below, ICE had been behaving bullish until the bid was announced. Since the end of March ICE's 50 dma has acted like resistance and key indicators have turned bullish. Monday's reaction to the news that NYX has rejected the NDAQ/ICE bid will make or break this chart:

Disclosure: I have no position in ICE.

Saturday Rock Blog: Baby Bitch

I'll get some charts up this weekend.

Sunday Rock Blog: Inertia Creeps