Strong Uptrend VANDA PHARMACEUTICALS (NASDAQ:VNDA) Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders. FREE Trend analysis for VNDA...

Wednesday’s Economic Data 7:00 a.m. May 22 Mortgage Application Refinance Index 7:45 a.m. ICSC Chain Store Sales 8:55 p.m. Redbook Retail Sales Index 10:00 a.m. April Existing Home Sales 4:30 p.m. May 22 API Oil Industry Report

Rambus (RMBS) surged on Tuesday after it has announced that the U.S. District Court for the Northern District of California has ordered Hynix Semiconductor Inc. to secure the judgment amount of approximately $397 million through a combination of a bond and a lien on a Hynix property in South Korea for infringing Rambus patents. Strong Uptrend RAMBUS...

Joe Weisenthal of Clusterstock Consider this a service to anyone out there at a TARP bank, trying to figure out how to send your executives packing with a fat suitcase full of cash. See, technically you’re really not supposed to pay golden parachutes out while your sucking on the government teet. In practice, well, you have to be creative. Investigative...

MAP Pharmaceuticals Inc (MAPP) said on Tuesday its experimental orally inhaled migraine drug reached all four goals of a late-stage clinical study, and its shares more than doubled. Be sure to put MAPP in the free analysis tool below to get a free report sent to your in-box. Uptrend MAP PHARMACEUTICALS INC (MAPP) Based on a pre-defined weighted trend...

The June NASDAQ 100 closed sharply higher on Tuesday and above the 20-day moving average crossing at 1387.22 signaling that a short-term low has been posted. The high-range close sets the stage for a steady to higher opening on Wednesday. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term....

Courtesy of Tyler Durden of ZERO Hedge Always good to keep things in perspective. The most recent Fed Balance Sheet reading of $2.16 trillion is a doozy and is only getting higher, and a couple hundred bucks away from the highest ever recorded of $2.17 trillion a month ago. This is just the beginning: Bernanke at Co. have committed to monetizing $1.75...

Apple (AAPL) shares are heading higher after Morgan Stanley analyst Kathryn Huberty Tuesday morning upper her rating on the stock to Overweight from Equal Weight, lifting her price target to $180 from $105. The Morgan Stanley analyst says the September 2009 quarter will be a “key inflection point.” She expects a price cut in the current generation...

Here’s a key video to look at this week. Adam was just looking at the S&P 500 and I noticed a very pronounced cycle in this market that he wanted to share with you. In his new video he explains exactly what he’s seen and what he expects will happen to this market if this cycle continues on track. Click Chart Below for the short video

The Conference Board’s Sentiment Index hit 54.9, higher than expected, as all the talk about green shoots and the recovering stock market are helping lift spirits.

BofA will hire staff from global rivals Citi and Goldman to expand equity sales in Japan. CF Industries extends exchange offer for Terra Industries to June 26, 2009. CSL Ltd.’s $3.1B bid to take over Talecris Biotherapeutics Inc. likely to face opposition of FTC. GM receives $4B in US aid, $1.4B more than it had originally requested. GM gets...

Henry Blodget of Clusterstock The Case Shiller index for March showed a slight drop in the rate of decline versus February.  This supports the theory that we have passed the peak rate of decline and that price-drops will now begin a gradual decline. Importantly, this does not mean the housing market is “recovering.”  Prices are still dropping...

Hedging Your Way To Healthy Dividends – Part 3 We’re going to go out with a bang here and give you a 3-for-1 in this final post on the issue. In Part 1, we discussed the idea of going after former dividend payers who may bounce back while creating an artifical dividend through option hedging.  In Part 2 we looked at using the buy/write strategy...

The price of gold will keep rising, and it is not only due to inflation which might kick in at the end of the year or beginning of 2010. It is due to higher demand from China for gold, energy and other base metals. The printing presses are running at full speed to produce ever-increasing quantities of green backs as governments engineer the greatest...