Big sister is watching you, health care propaganda
Oct 8, 2009 barack obama, investing, news, politics, trading
This is old news to some, but on the official white house blog, Linda Douglass, the communications director for the White House’s Health Reform Office, wants for you to report your neighbors to flag@whitehouse.gov if something they say sounds “fishy” regarding Barack Obama’s health insurance reform. The blog post features a video in which Linda Douglass uses Drudge Report as an example of what is misinformation. The Drudge Report linked to a video in which Barack Obama explains how his health care plan will eliminate private insurance. I’ve seen the video, and Obama clearly states that he happens to be “a proponent of a single payer universal health care plan”. How Linda Douglass thinks that statement could be interpreted in any other way, I’m not sure. Granted, in the video, Obama doesn’t really explain how his health care plan will eliminate private insurance, but he hints that he would like to see private insurance plans be phased out over the next 15 to 20 years and replaced by a single payer plan.
CJGH quick update
Sep 4, 2008 investing, trading
CJGH dropped from its high of .036 to .027 today, but it is still holding the 5 day moving average. I am hoping it will consolidate from here and continue on an uptrend. Volume was about 2/3 of yesterday’s but still well over average volume.
CJGH (China Jiangsu Golden Horse Steel Ball) breakout!
Sep 3, 2008 investing, trading
CJGH (China Jiangsu Golden Horse Steel Ball) broke out today and touched the 50dma. The stock must continue and break key resistance levels to keep its momentum. The positive divergence on the MACD looks positive, and the company is supposed to have favorable financial results coming out.
Tags: cjgh, financial, MACD, moving average, stock
PSTI breakout! Pluristem Therapeutics, Inc.
Jul 30, 2008 business, investing, trading
I’ve been waiting for this one for a while, and here it is folks. This is a Lebed pump, but it is a great company with virtually no debt and a low float of 4.75 million shares. Pluristem does adult stem cell research so they are not surrounded by controversy – and they have quite a few products that have yet to be put through phase trials or be approved by the FDA – but just wait, it will happen. Their stem cells they call “PLX” cells (PLacental eXpanded cells) have already successfully treated, for example, inflammatory bowel disease in rats. They have also completed successful pre-clinical trials in treating ischemic stroke.
BDCO breakout!
Apr 22, 2008 investing, trading
I’ve been waiting for this. BDCO (Blue Dolphin Energy Co.) has a habit of consolidating, consolidating, consolidating, then breaking out with huge momentum. We need good volume today and for it to keep making new highs.
If BDCO can break out of the $1.47-$1.45 resistance, it will break the consolidation pattern beginning in early December. This could mean strong and fast movement possibly back up to $3. If it can’t break resistance, it could mean another half a month to a month of consolidation before another chance at breaking out.
BDCO price as of 12:00 PM central is $1.46.
I am not a financial adviser. Never buy or sell stock based on my recommendations or analysis; do your own due diligence and consult your financial adviser.
BIDZ update
Apr 9, 2008 investing, trading
Since I called BIDZ at $7.19 on March 17th, it is up 32% at $9.50. Remember, there is big resistance at $10.80 so if it makes it that far, remember to take profits! Don’t get greedy!
I am not a financial adviser. Never buy or sell stock based on my recommendations or analysis; do your own due diligence and consult your financial adviser. I do not hold a position in BIDZ at the time of this posting.
BIDZ buy alert update
Mar 25, 2008 investing, trading
Since I called the support level on BIDZ at 7.19, my pick is up 10%.
My technical analysis of BIDZ today:
- Bollinger bands squeezing. This usually means a trend change is eminent.
- Moving averages are converging. The 5 day, my favorite moving average, is close to crossing above the 10 and 20 day moving averages.
- MACD looking bullish, the fast line is close to crossing above the slow line. MACD is still edging toward the zero line, and a cross above would be a bullish signal.
- Today’s close is still holding the 5 day moving average.
- Forming a rounded bottom.
BIDZ moves somewhat with the DOW/S&P, and today saw some selloff because of negative news on oil refineries.
I am not a financial adviser. Never buy or sell stock based on my recommendations or analysis; do your own due diligence and consult your financial adviser.
Tags: BIDZ, bidz.com, technical analysis, trading
