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  • May 22, 2008 04:33 PM EDT by Cody Willard

    The Big 3: Missing Mojo in the Markets, Broke Brokerages, and Uncertainty in Oil

    1. Mojo missing? Better sell

    2. Capital desperate? Better sell.

    3. Frame your time frame.

    1. ISRG, AAPL, GOOG and other former momentum stocks have lost their mojo. I continue to think this is a market that should be sold.

    2. Dick Bove of Ladenburg says the brokerage firms are an outright sell. I agree with his consensus as these guys remain stuck pretending that they're not desperate for capital. Either the bulls or the bears are a'gonna be very right in coming weeks, months and years.

    3. Speaking of which, remember to think about time frame time frame time frame when you're trading. Oil's gonna be both up big sometimes and down big sometimes regardless of whether the $130 print right now is just a sign post on the way to $1000 by 2010 or on a way to $30 by 2010.

    Check it out on YouTube

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dave

anwr oil supply is minimal...dept of energy said it would amount to a reduction f 30-50 cents per barrel!Piddly impact.We need to get off the oil addiction not look for more of the drug or find it for cheaper price.We need a manhattan project for a new energy source and embrace conservation not consumption.Yes it requires sacrifice of everybody and will put a crimp in our lifestyles.But compared to what our soldiers have sacrificed it is nothing.

May 29, 2008 at 2:39 am

Dr. H

Hey Cody; Oil 110 end of the month. The Saudis are moving cash around.

May 23, 2008 at 12:31 am

Don

Mojo about oil, well as it was said today in congress. Let us drill in the Anwar and the price will drop. Personnaly I think the government should put price controls on them depending on the profits. The same should be done in the medical or health field, do you think it is right that a hospital should charge you 15 dollars for on asprin or any pill for that matter, when you can buy a bottle for 3 or 4 dollars. It does not bother the people in DC because they are not paying the bill for their gas we are the average wage earning person, but we can't vote for our pay increase as they can

May 22, 2008 at 11:55 pm

about this blog

  • Cody Willard is an anchor on the FOX Business Network. Willard is also the principal of an investment management company. He was a long-time featured columnist for the Financial Times and TheStreet.com as well as a regular featured economist and stock picker on CNBC's ''Kudlow & Company."

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