The Kirk Report

Today's Report

• Futures are weak on this October options expiration. Read my premarket report (The Kirk Report - Members Only)

• At 11:AM we did a live chat with Bespoke Investment Group. If you missed it, please read the archived session (Cover It Live)

• How to work with a programmer to test and build trading indicators and strategies (Traders' Library)

• Remember Wednesday's tweet regarding the EDC? (The Kirk Report - Free)

• Oppenheimer makes an unpopular and most likely a wrong call on Apple (AAPL) (Notable Calls)

• Utilizing the 100 week moving average (Leigh Drogen)

• Morgan Stanley's debt-equity clock (The Pragmatic Capitalist)

• Jeff Miller shares how he picks stocks (Dash Of Insight)

• How was your trading week? 10 questions on measuring your trading progress (Jim Wyckoff)

• Each stock has a unique character and Baidu (BIDU) shows us one of its own (Afraid To Trade)

• One pick for the next five years (Market Folly)

• 10 keys to successful market timing & more (Mebane Faber)

• So far this earnings season, the percentage of companies raising their forward guidance (Bespoke)

• As long as the market is up, who really cares that Goldman Sachs is robbing us blind! Right or wrong? (Dylan Ratigan)

• Inter-market leaders for 2009 (StockCharts)

• The oil trade and some weekend reading (Leigh Drogen)

• Weekly percentage gainers & losers (Briefing.com)

• The top five best performing ETFs this week? UCO, ERX, DAG, DIG & OIL

• It's true - you only need one good trade (SMB Training)

• All things considered, a good week in the data (Bonddad)

• What's your cognitive bias? (Anne Marie)

• Expectations and herd mentality. My after-hours report including a wrap-up for this week (The Kirk Report - Members Only)

• "The most important thing is money management. Anybody who is successful will tell you the same thing." - Marty Schwartz

Today's Report

• Premarket futures are positive as Wall Street loves earnings. Read my premarket report (The Kirk Report)

• Watch for the squeeze as this morning's list of premarket losers has a number of bearish short ETFs showing sell pressure (The Kirk Report)

• Two improvements for the Halloween Indicator (Mark Hulbert)

• The longer the ATR buy signal without whipsaws, the more impressive the chart. ININ is an example (The Kirk Report)

• Strategy changes & risks for the natural gas ETF UNG (24/7 Wall Street)

• It looks like October is just a repeat of last September (Slope Of Hope)

• Nasdaq 100 showing some early slippage (The Kirk Report)

• Front and center - today's best performing ETF DRN (The Kirk Report)

• Also, I'm closely monitoring the gapper in the EDC (The Kirk Report)

• A look at this morning's gap from Rob Hanna (Quantifiable Edges)

• Trading setups to consider (SMB Training)

• More gold pumping from the perma bears (David Tice)

• Do you lie to others about your trading performance? If so, you're not alone! (Business Insider)

• Yikes! Little guy traders in Russia RSX bet it all (Reuters)

• Trading tip! You can screen for earnings date info along with other criteria (FinViz)

• Two of America's most favorite companies - Apple & Amazon - approach their all-time highs (Bespoke)

• Stock screen machine stock Arc Sight (ARST) jumps higher following analyst day . Also see my chart (The Kirk Report)

• Now I know why the Claymore/Clear Global Timber ETF (CUT) is trading a new high (USA Today)

• You've got to be kidding! Our Saudi friends seek payback for reducing oil consumption (New York Times)

• Stocks and the dollar (Chart.ly)

• The need for adaptive market indicators (Fishback)

• Debates like this bore me, but there's always a lesson to be learned (The Big Picture)

• Here's my feedback. You jack me with an annual fee I'll cancel my credit card (Bank Of America)

• Big hype for A-Power Energy (APWR) (Stock Gumshoe)

• TD Waterhouse survey of female investors (Investment Executive)

• As we touch Dow 10K again, forget the pullback! (Jeff Westmont)

• Dow theory junkies will focus on $72.67 in the iShares Dow Jones Transportation Average Index Fund ETF (IYT) (9/15 closing high) for confirmation (The Kirk Report)

• Emerging Markets Bull 3X (EDC) - consistent pullbacks follow upside gaps in overbought conditions (The Kirk Report)

• A technical look at JP Morgan & Intel (Afriad To Trade)

• At mid-week, the top 5 best performing ETFs are: DAG, EDC, UCO, ERX & FAS

• At mid-week, the top 5 worst performing ETFs are: EDZ, DTO, SCO, ERY & EEV

• Junk mail indicator! A quick check of my email after the closing bell turned up this precious gem (The Kirk Report)

• We must all avoid those bullish & bearish stereotypes (The Reformed Broker)

• We would have been higher today if we had more bears pressing (Bespoke)

• Blogging network is a much better buy than BusinessWeek? (Vix & More)

• What are your weekly goals? Are you working on them every single day? Here's one way to track'em (Disciplanner)

• Today's trading session required a fair amount of discipline. Read my after-hours report (The Kirk Report)

• "The emotional brain responds to an event more quickly than the thinking brain." - Daniel Goleman

Today's Report

• Among other things, earnings from Johnson & Johnson (JNJ) and a downgrade of Goldman Sachs (GS) are in focus. Here's my premarket report (The Kirk Report)

• Goldman Sachs sees a perfect storm for M&A (Street Insider)

• Stocks that missed the rally (24/7 Wall Street)

• If people were stocks... (Michael Moe)

• A number of chart requests for Johnson & Johnson (JNJ) today. Here's the chart with Darvas Boxes (The Kirk Report)

• How to set and revise realistic price targets for your stocks (AAII)

• Join us for a live chat with trader & trainer Mike Bellafiore from SMB Capital at 11:AM EST (The Kirk Report)

• No wonder twitter is so popular. Economy drives people to search for free content online (Telegraph)

• Another sign of the times - microloans grow in popularity (Chicago Tribune)

• What a crock! (The Kirk Report)

• Sports psychology as applied to trading. In other words, learn to trade like Michael Jordan (The Kirk Report)

• The bulls are showing impressive resolve in spite of sell the news risk. Here's my after-hours report ( The Kirk Report)

• "Obstacles don't have to stop you. If you run into a wall, don't turn around and give up. Figure out how to climb it, go through it, or work around it." - Michael Jordan

Today's Report

• It appears we're going to see a quiet trading session this Columbus Day. Read my premarket report (The Kirk Report)

• Several successful newsletters are calling a market top (MarketWatch)

• Bulls have room to keep on running (John Dorfman)

• Six months ago we created a list of the world's most ethical companies. So far they are up +39% (The Kirk Report)

• What's happening to the dollar? (Telegraph)

• Twenty minutes into the new trading week, the best performing ETF so far Direxion Energy Bull 3x Shares (ERX) zooms up to the top of its trend line (The Kirk Report)

• Crude oil nearing key breakout level (Alan Farley)

• Watching $138 in the (UPRO). The bulls need to break and hold above that level (The Kirk Report)

• Economy is slowly improving but with the consumer sector much softer than is typical (Barron's)

• 15 amazing stock market charts (Business Insider)

• Dow component earnings on deck INTC, JNJ, JPM, IBM, BAC & GE (24/7 Wall Street)

• Average employee compensation at Goldman Sachs (GS) to be about $700,000 a person (24/7 Wall Street)

• Soros to invest $1 billion in clean energy (Bloomberg)

• Want to use the same ATR code that I use for trailing stops for free? Here's my recommendation (The Kirk Report)

• Veteran traders share their secrets and strategies (Jim Wyckoff)

• "One great mistake the man makes who watches the ticker all the time is that he trades too often." - William D. Gann (TraderPlanet)

• State of the U.S. dollar (Ray Barros)

• Four stages of market turning points (Doug Kass)

• The absolute price of a stock is unimportant. It is the direction of price movement which counts. (Jeffrey Saut)

• A few foreclosure stats you don't want to know (The Reformed Broker)

• A new sentiment indicator worth tracking (Facebook)

• A checkup on the Baltic Dry Index (The Chart Store)

• Cross currents in investor sentiment (Traders Narrative)

• The watch for Dow 10K continues (SmartMoney)

• A quick scan of stocks trading above their first hour high ironically turns up DRIV

• As goes Intel (INTC), so goes this market? Let's take a quick look (The Kirk Report)

• Manufactured surprises will keep stocks rolling (John Authers)

• Watch those divergences (TraderFeed)

• For what it is worth, I'll be updating the market condition in today's newsletter to overbought status again (The Kirk Report)

• Economists say recession is over (CBS News)

• Did you know that both Russia (RSX) & Vietnam (VNM) posted their 7th straight gain today? (The Kirk Report)

• Another vicious short squeeze in the SPDRs S&P 500 Trust Series ETF (SPY) (Afraid To Trade)

• Weekly ETF update (A Dash Of Insight)

• We're inching closer to Dow 10K and have moved back to overbought territory again. See my after-hours report (The Kirk Report)

• A big problem with the rosy forecasts of pension funds (Washington Post)

• Investors deserve better than this! (The Pragmatic Capitalist)

• "You shouldn't mistake wishes for facts." - Bertrand Russell

Today's Report

• Premarket futures are negative following comments from Bernanke. Read my premarket report (The Kirk Report)

• An ETF screen showing new highs & new lows (ETF Screen)

• Side by side charts of the two ETFs at the top & bottom of that same ETF screen (The Kirk Report)

• Have trouble reading financial reports? Don't feel bad - they don't understand them either (Harvard)

• That was quick - the pullback lasted 10 minutes (The Kirk Report)

• We've seen it before. Every bull run brings out jokers who make outrageous trading claims. (Mark Hulbert)

• 7 lessons from the bull market. (Kiplinger)

• A screen for contrarians - stocks down -30% or more this week. (FinViz)

• Three quirky ETFs that beat the market focus on spin-offs, insiders, and buybacks (Kiplinger)

• I almost fell asleep reading this list of best ideas (Morgan Stanley)

• The trading desks must be under the instruction to keep us pinned around S&P 1070 before next week's options expiration (The Kirk Report)

• Three investment themes that could drive the market forward (Karl Mills)

• 5 dumbest things on Wall Street (TheStreet.com)

• Only a matter of time before a big bailout for Fannie Mae (Washington Post)

• Bernanke claims he will be the first to tighten (Wall St. Cheat Sheet)

• Two key concepts that investors must master: value and cycles (Oak Tree Capital)

• Sector P/E ratios on the rise (Bespoke)

• Everyone is talking about the ECRI's weekly leading index at a new high. But, should we really care? (CXO Advisory)

• Duh! Economists say consumer spending will be bad if unemployment stays high (Bloomberg)

• Six factors why the housing market only looks better (Whitney Tilson)

• Why the UUP is bouncing - an aborted run on the dollar (Planet Yelnick)

• Next week's earnings preview (Zacks)

• Next week's top 11 earnings reports (24/7 Wall Street)

• Let the chips USD fall where they may - watch potential H&S formation (The Kirk Report)

• Chart pattern trading setups for the weekend (Thomas Bulkowski)

• Play the Fed Game (Federal Reserve Of San Francisco)

• Overbought/oversold & ATR filters for my stock screen machine have been just updated for the week (The Kirk Report)

• Now you too can lose money like a Quant (Index Universe)

• The market is now so short-term focused everyone had to rehire their technicians (MarketBeat)

• Top stock winners & losers this week (Briefing.com)

• Voodoo technicals! (Michael Kohn)

• Ok. Then how about 10 dividend stocks that beat the market (Jim Jubak)

• S&P 500 stocks up the most since the market high (Bespoke)

• The market is clearly expecting another earnings season rally. Read my after-hours report (The Kirk Report)

• "You can't turn back the clock. But you can wind it up again." - Bonnie Prudden

Today's Report

• Positive headlines on earnings, jobless claims & retail sales. Read my premarket report. (The Kirk Report)

• Must read: How to quickly spot sector relative strength or weakness (Deron Wagner)

• Lessons from Paul Tudor Jones (First Adopter)

• AAII Trader Sentiment for week ending 10/7/09: Bullish to 35% from 44%, Neutral to 24% from 21%, Bearish to 41% from 35% (TradeHawk)

• We've got a potential gap and crap on our hands this morning. Be careful (The Kirk Report)

• Impressive moves down under (The Kirk Report)

• Emerging Markets Bull 3X (EDC) not able to hold that morning gap at new recovery highs. Keep it front and center. (The Kirk Report)

• Equity Only Put/Call Ratio back in the sell zone this morning (The Kirk Report)

• Insider selling in E Trade (ETFC) tops this list of noteworthy insider selling (J3 Services)

• S&P testing its 10-day highs (The Kirk Report)

• Treasury Inflation-Protected Securities $TIP test April's trading highs (Trader Feed)

• 10 tips for placing ETF orders (Morningstar)

• Widespread analyst skepticism over the future prospects for gold (Bespoke)

• Big move for Ceragon Networks (CRNT) today. Missed this one as it refused to get oversold in the dip. (The Kirk Report)

• Biggest money makers since March 9th (Ticker Sense)

• Interesting comparison of % of S&P 500 stocks above their 50 day moving average (Traders Narrative)

• The dollar-adjusted S&P 500 (Financial Times)

• Is this really the most hated rally in Wall Street history? (The Big Picture)

• Trading off of earnings. It's not what it used to be (Bob Lang)

• Testing investment strategies (The Oblivious Investor)

• There are a number of earnings calendars but I appreciate Yahoo's search function (Yahoo Earnings Calendar)

• It's time for another member mailbag! (The Kirk Report)

• Need more monitor screen space without using more graphics cards? New plug & play USB monitors (DoubleSight)

• A nice comparison of broker commissions (FinViz)

• I've received a number of requests for my personal ETF watchlist. Here's the spreadsheet (The Kirk Report)

• Behold the power of basic materials (FinViz)

• Did you know that nonsense can sharpen your intellect? (New York Times)

• Four days of gains, but S&P 1070 proved to be a tough nut to crack. Read my after-hours report (The Kirk Report)

• "The greatest friend of truth is Time, her greatest enemy is Prejudice, and her constant companion is Humility." - Charles C. Colton

Today's Report

• It's quiet before the earnings storm. Read my premarket report (The Kirk Report)

• Alcoa's earnings will unleash speculation on the economy (Barron's)

• History doesn't always repeat, but it does frequently rhyme (Afraid To Trade)

• New recovery highs for emerging markets = new recovery highs for U.S. equities? Watch the $EDC (The Kirk Report)

• China Transinfo Tech (CTFO) at a new high. Now I know why (Stock Gumshoe)

• Don't forget those weekly charts! Four to watch: DIA, QQQQ, SPY & IWM (Minyanville)

• The bears can't take down Avis Budget (CAR) to save their lives. The March 20th ATR buy signal remains intact (The Kirk Report)

• The recession through an economist's walk to work (PBS)

• The line which separates winning from losing is as fine as a razor's edge (Dr. Z)

• Time for a little trade school using ATR & Stochastics (The Kirk Report)

• Yep - the average gold timer is almost completely out of the market (MarketWatch)

• Looks like Gary B. Smith is still chasing breakouts (The Chart Man)

• Wall Street's numbers on earnings and revenue for 2010 don't add up (Jim Jubak)

• The 10 Attributes of a Great Trader (Trader Interviews)

• An interesting look at the sell-side report on Fifth Third (Bankstocks.com)

• If you're so inclined, how to read 10K reports (John Palizza)

• Talk about overbought - Net Servicos De Comunicado (NETC) is now sporting an aggressive 99.92 two day RSI (The Kirk Report)

• Another big newsletter pump for Kratos Defense (Stock Gumshoe)

• What's another $81 billion down the toilet? Tarp funds in the auto industry (Congressional Oversight Panel)

• As they say, no cares as long as their screens are green. Where is the outrage over Wall Street? (Newsweek)

• Sign of the times - how to buy stuff from those who are going out of business. (MakeUseOf.com)

• There is NO question that the US dollar $USDX will lose its reserve currency (Jesse's Cafe Americain)

• The traditional approach to diversification is misguided (Barron's)

• As we chop around, take a look at the updated S&P 500 $SPX support and resistance levels (Robert Colby)

• At mid-week, the top 5 worst performing ETFs so far: $ZSL, $RTW, $FAZ, $ERY & $FXP (The Kirk Report)

• At mid-week, the top 5 best performing ETFs so far: $AGQ, $FAS, $ERX, $PSAU & $RFL (The Kirk Report)

• Analysts are the most bullish they've been in two years (Bespoke)

• Trader Todd Harrison offers a list to live by (MarketWatch)

• One success story from my mentorship group this year (The Kirk Report)

• Shock profit from Alcoa (The Money Game)

• The Money Honey interviews "I only love commodities" Jim Rogers (CNBC)

• Alcoa reports earnings. So, what does it mean? Read my after-hours report. (The Kirk Report)

• "The important thing is this: to be able at any moment to sacrifice what we are for what we could become." -Charles DuBois

Today's Report

• Premarket futures are positive as Obama plans for more stimulus spending. Read my premarket report (The Kirk Report)

• A list of stocks facing threat of delisting (USA Today)

• Trade like Paolo Pellegrini (Market Folly)

• Looks like a groundhog day (David Brown)

• Three potential mega trades in Q4 (MarketClub)

• The S&P 500 jumps back to the 20 day moving average. Now we'll see if they can hold it (The Kirk Report)

• The earnings conundrum (Neels van Schaik)

• You have a right to everything but the Feds will own your soul (Robert Donaldson)

• A number of traders have forwarded this big picture view of the S&P this week (Minyanville)

• Good breadth so far. At the moment, 96% of the stocks within my stock screen machine are positive on the day (The Kirk Report)

• Deja vu - October is starting just like September (Bespoke)

• 5 ways to take smart risks in uncertain markets (Minyanville)

• Last Thursday morning's gap is now filled at S&P 1058 (The Kirk Report)

• After the gap fill, now looking for potential reversals in overbought situations like stocks up 6 or more days (Trade Ideas)

• The return of Initial Public Optimism (Portfolio.com)

• Want to learn about new IPOs in the pipeline? Here's a terrific resource ( RetailRoadShow.com)

• Optimism for earnings? Noteworthy to see Aloca $AA up +3.8% ahead of tomorrow's report (The Kirk Report)

• Was the pullback only another bullish whipsaw? Look for confirmation of the move at $138 on UPRO (The Kirk Report)

• If you invest, you need to follow the performance of these three charts (Daily Wealth)

• Everyone is expecting a M&A boom (Bloomberg)

• 12 juicy buyout candidates (The Business Insider)

• In case you missed it, my must-read interview of Tim Knight (Slope Of Hope)

• Ultrashort ETF $SRS has growing volume for months+ recent series of higher lows make it an intriguing long position (SlopeOfHope)

• Watch that wedge and ATR in the $SRS (The Kirk Report)

• Relative strength of staples and discretionary sectors (Afraid To Trade)

• Bill Luby tweaks his excellent trader stage development model (Vix & More)

• After filling the gap, the market is folding like a cheap suit. This is why I was on the hunt for overbought reversals earlier today (The Kirk Report)

• The psychology of trading (Bennett McDowell)

• Impressive - the bulls are coming back to circle the wagons yet again in the final hour (The Kirk Report)

• Pop quiz! Can you name the ETF with the lowest portfolio P/E? (Yahoo Finance)

• Between making a few trades today, I found time to reply to a few questions submitted by members (The Kirk Report)

• Did you know that a majority of companies now block employees from social networking sites? (Mashable)

• So true - many good trades are decidedly unsexy (Trader Feed)

• What has Obama accomplished so far? Jack squat! (SNL)

• This is where the rubber meets the road. Read my after-hours post (The Kirk Report)

• "Truth is too simple for us; we do not like those who unmask our illusions." - Ralph Waldo Emerson

Today's Report

• Futures are positive ahead of the 10:AM ISM report. Read my premarket report (The Kirk Report)

• 10 stock market myths that bedevil investors (Bloomberg)

• Brocade appears to be in play for M&A. Currently under ATR buy signal & oversold. (The Kirk Report)

• Is the consensus too optimistic? (Barron's)

• Momentum mover RINO running to a new high following IBD profile (The Kirk Report)

• Analysts see V-shaped earnings recovery (The Business Insider)

• ISM comes in at 50.9 (Institute For Supply Management)

• 5 High-Volume Gainers: $DEPO, $BRCD, $MTW, $NMR & $VIP (The Kirk Report)

• 50 common mistakes most traders make (TradeKing)

• Following my Utah Mountain Retreat, changes in preparation for 2010 are coming soon (The Kirk Report)

• The Health Insurance Trap (Howard Lindzon)

• The Fed under fire for not doing more (Washington Post)

• The edge in playing for a bounce after a sharp selloff (Rob Hanna)

• The curse of Dow 10K (The Business Insider)

• Six forces for economic growth (Wells Capital Management)

• Watch Those Gaps! See 5 Day View of S&P 500 (The Kirk Report)

• Six forces for economic growth (Wells Capital Management)

• Top performing stocks & sectors (Value Expectations)

• Return of the most crowded trade - cover shorts on up days & then go long gold again (The Kirk Report)

• The most and least volatile stocks on earnings report days (Bespoke)

• There is no jobless recovery, only senseless cheerleading (Peter Schiff)

• How employment numbers get inflated (TrimTabs)

• What is trading a new 52-week high and priced 50% above its 50 day ma? (Finviz)

• You cannot spend your way out of a recession or borrow your way out of debt (Hayman Advisors)

• October isn't a four-letter word, but it should be (Jeffrey Saut)

• A resource for tracking oil prices & other commodities news (OilPrice.com)

• What investors need to know about the healthcare sector (Minyanville)

• Forget the crooks on Wall Street. It is time to crack down on those darn bloggers! (Scott Jagow)

• One month later, our Labor Day portfolio is off to a rocky start (The Kirk Report)

• The market is trading nervous and I think I know why. Read my after-hours post (The Kirk Report)

• "The key to change is to let go of fear." - Rosanne Cash