Hey readers,

  Things have gotten a little crazy around here the last week, which is why I haven’t been able to write.  Hopefully everybody has been making money the last week!

  Alright, I am going to keep this one short and sweet as a there are still a few things I need to look into the before the opening bell.  I sold off my positions last Thursday.  I am just not very excited about what this week could bring.  We are getting hit with a ton of economic data.  I just don’t see this data having a ton of upside for us, and even if we meet expectations with one set of data there is another set coming out the next day just waiting to knock us down.  The most important numbers coming out this week are those relating to jobless data.  It is expected we will see yet another month of higher unemployment.

  I am waiting for the numbers to come out before I jump back into the market, however if I had to be invested right now, I would be going with defensive plays like Coke a Cola (KO), Proctor and Gamble (PKG), and Rite Aid.  Check back later this week for another update that can make us all some profits!

                                                                                           – Leverington 9

Hey readers,

  Last week we saw the market drift up and down, not really gaining or loosing much ground over the course of the week.  This weekend I expect more the same depending on a few key pieces of economic data which are due to come out mid week. 

  The most important factor of the economy right now is the consumer.  When the consumer recovers; the economy will recover.  We will see a number of economic indicators this week which will give us information about retail sales, inflation, and more data on manufacturing.  The most important of which will be those numbers on retail sales.  After falling last month; Wall st. is expecting retail sales to be up around 1.6% in August. 

  The last few weeks we have seen the US Dollar make new 52 week low after new 52 week low.  I expect to see this trend continue.  So as with any other angle; the question is how can we play a trend like this.  There are a few ways we can use this trend to make us money; the first of which is to buy gold.  As the dollar goes lower and lower; gold continues to move toward all time highs.  Just as I expect the dollar to continue to fall in value, I expect gold to continue to climb.  The second way we can play this trend is to look at who could possibly benefit from the falling dollar.  The answer is simple; multinational corporations would very much so benefit from a weaker dollar.  More specific; companies like General Electric (GE). 

  We also see a few companies reporting quarterly earnings this week.  The main companies to watch are Best Buy (BBY) and Kroger Brand (KR); both of which report on Tuesday morning at the bell.  Make sure to check back later in the week for my midweek update.  I have an idea I am currently researching which has the potential to make us all some big profits if we see the right catalysts. 

  I’m in this game to make the big bucks, I hope you are too.

                                                   – Leverington 9

Hey readers,

  As expected we saw the markets drift upward today, however we could very well give it back tomorrow.  We got a few pieces of information today which could affect the markets negatively tomorrow.  First off the dollar is the weakest it has been vs. the euro so far this year.  Now depending what kind of stocks you are looking at this could be a good or bad thing.  The second piece of information was news that consumer credit fell by a record 21.6 billion last month.  People are spending less, trying to get by in these tough economic times, this may help in their own personal finances, however they do not help the businesses who count on those dollars being spent to get by each month. 

  Yesterday I introduced you to a company called Spectrum pharmaceuticals Inc, this company recently got an FDA approval to expand the label on one of its drugs.  However at the same time the company got hit by a down-grade which sent the stock screaming lower today, down over 16% at one point in the day.  However I think now may be the time to get into this stock and ride the wave back up.  I expect a rebound in this stocks price tomorrow and think it could be a great opportunity to make some nice profits.  I don’t want simply jump in blind however; before I buy I want to see some upward momentum by the stock.  As soon as you see that momentum you have the green light from me to buy the stock and make some money!

  I’m in this game to make the big bucks, I hope you are too!

                                                                                     – Leverington 9

Hey readers,

  One of the most important things in the markets today is the ability to be flexible.  With out that you are doomed to be in the red all year.  Last night I brought you a reccomendation on SPPI; This morning in pre market trading SPPI was heading higher.  Until news broke the company had been hit with a downgrade.  We do NOT want to but into a down-grade.  We now want to wait; let this stock pull back after the downgrade then ride the wave back up once we see some upward momentum!  I still think today will be an upday in the markets and we should all make a nice profit.

   I’m in this game to make the big bucks, I hope you are too!

                                                 – Leverington 9

Hey readers,

  Hope every one had a great labor day weekend, and got to spend some time with the family. 

  Historically the weeks going into labor day weekend are marked by extremely light trading volume.  As was expected the last couple weeks have been marked by very low trading volumes.  Labor day weekend is now over and it is time for the big money managers to step up to the plate and make some decisions.  I expect an influx of money into the markets this week which should send markets higher. 

  There is a stock I have been following for a VERY long time, and I am finally ready to unveil to you!  The company is Spectrum Pharmaceuticals Inc.  This is a pharmaceutical company which has been working on cancer drugs for a number of years.  It was finally announced this weekend that the company got FDA approval for its new drug.  This WILL undoubtedly create future revenue for the company.  A new source of future revenue , we all know what that means…. a much higher stock price!

  BUY SPPI! Get as much as you can as cheap as you can as early as you can.  This is one that is going to make us a LOT of money tomorrow morning!  It is up to you to get in ASAP!!!!

  I’m in this game to make the big bucks, I hope you are too!

                                                          – Leverington 9

Hey readers,

  As I mentioned at the beginning of the week; after the initial drop off on Monday I expected the remainder of the week to be relatively inactive with stocks simply making small moves channeling up and down.  That is exactly what we have seen.  ADP jobless numbers were reported yesterday and showed some mixed data, but there were no real surprises good or bad.  There are a few stocks I have been watching throughout this down week.  The formerly hated financial institution Citi group is one of them.  Citi hit a high last week of $5 per share.  It is currently trading around $4.60; if we see Citi get down anywhere close to $4 I will be a big buyer and think you should to0.  This stock was really hated for awhile, however since splitting its company up into the “good bank” and “bad bank” the company has really turned things around.  At this point it has been made clear to us that the government will NOT let this bank fail no matter what, and that is a pretty solid insurance policy for stockholders.  If Citi group (C) hits $4/share; BUY (C)! 

  Another financial I love right now is Bank of America, (BAC).  This is another formerly damaged company that is no longer in danger of failing, and is even ready to pay back some amount of the TARP money it got from the government.  This stock has been pulling back along with the market this week, however once things settle down a bit with all the negativity in the markets; I want to own (BAC).

  The third stock I like is a gaming stock; Las Vegas Sands (LVS),  I have been watching this stock move for awhile.  It is a highly volatile stock which if it is going to end the week up say 5%; it will be up 10% one day then down 8% the next day and back up 4% the following day.  Once again we have seen this stock come down in price over the last week along with the rest of the market however once things settle down this is a stock I want to watch.  Not necessarily own right away, but keep it on the radar and you can make a lot of money when it channels by selling on the spikes and buying again after the dips.  While this stock is a bit more risky than the other two I mentioned it is a lot more exciting as well! 

  Be patient the rest of the week and wait for the market to get its head on straight.  Once that happens be ready to pounce on some of these stocks next week.  This pull back is a gift from the market, giving us an opportunity to get into these stocks cheap. 

  I’m in this market to make the big bucks, I hope you are too!  Have a great day!

                                                                                      -Leverington 9

Hey readers,

   Every now and then when I see a catalyst put into motion what could be a big move in a stock, I issue a stock alert.  Well this is precisely that!  Bank of America (BAC) has been looking to pay back TARP funds since they day they got them.  The big bank announced today that they are ready to pay back at least part of the money they owe.  This is big news for the bank; once the TARP money is all paid back the bank will be released from governmental pressure related to how things should be run.  I very much so expect this news to make the stock move.  I expect a down day in the markets as a whole, that could hold Bank of America down, how much depends on how far the market falls.  However I want to keep BAC on our radar.  If it does fall today; then we are being given a gift by the plummeting markets.  This company  is no worse off than it was two days ago, I would argue this recent news actually puts it in a much better situation to be a profitable business.  Wait for the stock to bottom out and at the first sight of upward momentum buy BAC and ride the wave back up!                                                  

                                                                                - Leverington 9

Hey readers,

  Hope you had a relaxing weekend; I sure did.  Last week we saw very low levels of volume as we usually do this time of year.  I expect those low levels of volume to continue until after labor day; when I expect we will see many of the big players getting back in the game. 

  Because of these relatively low levels of volume I expect this week to be marked by up and down channeling of the markets within a certain range.  While the week looks as though it should be pretty uneventful for the most part as far as earnings reports and other data; there is one big piece of data being released this week.  On Friday we will see the employment report for August.  The market estimates guess employers cut roughly another 225,000 jobs during the month of August.  This would bring the nations unemployment rate up to 9.5%.  Besides the jobless reports we will also see some indicators of levels of manufacturing data on Monday as well as August auto sales numbers (which will be very much inflated due to “Cash for Clunkers”; which is now over) on Tuesday. 

  This market is looking for some defining information which will give it some direction as to where it needs to go.  Recent economic data has been constantly mixed, not only mixed but even contradicting.  An example of that is in the last month we saw that new and existing home sales were both up.  This should mean the economy and housing market is getting better right?  However over the exact same time period delinquencies and foreclosures were up as well.  This means things are getting worse; but how can things be getting better and worse at the same time?  The markets simply don’t have enough data to know exactly which way they need to go right now.  That is why as I have discussed in multiple updates lately; for now I am trading news and momentum.  Last week I put stock alerts out for J. Crew (JCG), Dell (DELL), and Intel (INTC); all off good news and momentum.  If you kept up with the blog and got in on those trades you made some nice profits last week. 

  We haven’t seen a ton of news coming out this weekend which caught my eye for long enough to make me want to buy.  One thing I did notice which I want to watch tomorrow is General Motors announced it is starting up a 50-50 joint operation in China.  This news very well could make the stock jump tomorrow.  I don’t like this as a long term trade because the other half of the 50-50 joint operation is a government owned Chinese company; and there is simply to much unknown there.  However short term I think we could definitely see some action with this one.  GM is now trading under the stock ticker (MTLQQ). 

  Be sure to check back before the opening bell every morning to get my insights as to what is driving the market, and what will be making us money.  I’m in the game to make the big bucks, I hope you are too!

                                                                                 – Leverington 9

Hey readers,

  Last night I talked about trading the news and how doing so can make us a ton of money.  Well this morning I have already come across a few stories that are already making me money, I hope you can get in on them too.  China Unicom (CHU), are working on a deal with appel to sell Iphones in China.  This would give the company a ton of extra revenue.  CHU will be up big today.  Intel (INTC), just announced it is raising its revenue forecasts for the quarter, this one could go up big as well today, I got in at $20.15; You need to BUY these stocks ASAP before you miss the big move.  Buy CHU and INTC for big gains today!!!

                                                                                                 – Leverington 9

Hey readers,

  You may have noticed over the past few weeks as the market has come upwards at a surprising rate, I have gotten more and more bearish over time.  However by nature I am very much a bull, and believe that there is always an opportunity out there somewhere, some way for us to gain an edge and make money every day.  When in this type of situation I go to the back of play book and pull out the “trick plays.” Normally I like to look at what sectors are doing well and go with the best stock with in that sector.  Not now; right now we need to be on our toes and be able to change course at the drop of a hat.  So what are these different trading strategies I am referring to you may ask; the answer is to be a day trader in the truest sense of the word.  I want to watch the markets and buy stocks after the dips and make money on the inevitable bounce we see the next day.  However even more than that; I want to watch the news very carefully as soon as a major piece of news comes out, whether it be comments by a CEO, a quarterly earnings beat, or economic data I want to know about it ASAP and make a trade off of the news right away.  For example, today I bought a stock I have HATED for a very long time.  That stock is Boeing (BA), the airplane company.  Boeing has been working on its new 787 dream liner for a much longer time than was originally expected.  There have been multiple delays in both orders for the new dream liner as well as the official release of the plane.  The CEO today said the 787 WILL without a doubt make its first commercial flight before the end of the year.  This is big news and the company ended the day up over 8%.  That is the exact scenario I am talking about when I say trading the news.  After the market close today; Dell (DELL), reported quarterly earnings and easily beat market expectations.  Even more impressive than that is the fact that consumer demand was shown as being VERY strong.  This stock is now part of my portfolio as I will be riding the wave of Dell’s good news just as I did that of Boeing. 

  In a market such as the one we are currently in; day to day, anything could happen.  It is extremely beneficial as well as lucrative to play the news, especially with the low volume we have seen in the markets over the week.  Before I sign off for the night; I will give you one last piece of news for you to trade off.  Today officials at the retailer J. Crew (JCG), made statements saying the quarter is going very well thus far and they currently expect third quarter earnings to come in much higher than what Wall St. has forecasted.  Think about how that will affect the stock price tomorrow and do with it what you will.  Tomorrow I will be watching the market headlines and making some money in the process, if anything ground breaking comes along I will post a STOCK REPORT, so you can all get in on the action.  Check back often just to make sure you don’t miss any big moves!  I’m in this game to make the big bucks, I hope you are too!

                                                                                             – Leverington 9