Is Alan Knuckman of trading advantage, one of our traders who noted it would be a big year for stocks. Alan, what was behind the big move . It was just a great year. For those that didnt fight the market i made a contrarian call last december when everybody was really negative just from the fact that everybody was overloaded in one direction. The market obviously goes the other way a lot of times and it was a great big year for a lot of bull participants. You also made some calls on individual stocks, starting with facebook. This was a stock that was basically left for dead. People were not loving this stock but you liked it. I really liked it from a riskreward standpoint. Thats how you have to look at the market. You have to look at itif you buy it what are you risking it to and what is the upside potential of that play . So facebook had been cut in half so there was limited risk on the downside. It wasnt going to go out of business in my estimation. We saw a big resurgence and also s
Is Alan Knuckman of trading advantage, one of our traders who noted it would be a big year for stocks. Alan, what was behind the big move . It was just a great year. For those that didnt fight the market i made a contrarian call last december when everybody was really negative just from the fact that everybody was overloaded in one direction. The market obviously goes the other way a lot of times and it was a great big year for a lot of bull participants. You also made some calls on individual stocks, starting with facebook. This was a stock that was basically left for dead. People were not loving this stock but you liked it. I really liked it from a riskreward standpoint. Thats how you have to look at the market. You have to look at itif you buy it what are you risking it to and what is the upside potential of that play . So facebook had been cut in half so there was limited risk on the downside. It wasnt going to go out of business in my estimation. We saw a big resurgence and also s
4. Oil added on 2. 63 apple shines in its patent case. The internationl trade commission ruled that samsung infringed on iphone patents owned by apple. Samsung is expected to appeal. And aol has turned into a chatter stock. Shares rose 2 friday on speculation the Internet Company is planning drastic cuts or that it may shut down its local news sites, called patch. Scott shellady of trean group joins us on this monday morning. Happy monday morning to you, scott. Good morning. How critical will the Inflation Numbers and retail earnings this week be to traders . Its going to be very critical with the feds dual mandate. We have to keep an eye on inflation. I dont think weve got inflation. I think weve got disinflation. Bernanke mentioned that in his last speech. Something to watch Going Forward we actually might be in a deflationary cycle, so, keep your eyes glued to the Inflation Numbers. China plays were popular last week with people buying the metals because of some growth in china. Wha
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‘Kitten Tsunami’ Could Be Headed for Northern Orange County, Warns Advocate
Garden Grove has a cat problem, and it could cost taxpayers $70,000 this year.
The city reported a nearly threefold increase in the number of feral cats captured last year, prompting a call for more resources to contain the free-roaming felines.
“Each year, the number of kittens that are born in feral colonies has been increasing,” Alexandra Caswell, executive director at the Golden State Humane Society, told The Epoch Times.
“And that has to do with weather. [It] has been warmer every year, so the number of kittens being born has gone up.”