In early morning trading, US stock futures are up on news of a government rescue package for Citibank. As I mentioned in last night's sector overview, sector charts are looking bearish here. A continuation of Friday's rally will provide some improved entries for short trades. As a side note, I recommend checking out the blogger sentiment polls at Ticker Sense. The figures going back to week of 10/23 are available on the lead page. Just for the record, here is the bullish percentage in the blogger sentiment poll for the past five weeks: 10/20 62.50% 10/27 52.17% 11/3 60.87% 11/10 65.22% 11/17 57.89% Usually the neutral figure fell between 15-25%. At least among bloggers, bullish sentiment has remained fairly[More...]

Peter F. Way, editor of Block Traders’ Oil & Gold Monitor, recommends two energy stocks that look better now that crude has fallen.

The Wall Street Journal reported that worries are deepening among regulators, executives and consumers about the U.S. banking industry following the federal government’s seizure of IndyMac Bank [More...]

Symbian, now part of Nokia is part of a growing number of mobile platform makers - Apple, Google, LiMo - who all are vying for the attentions of mobile developer community. The company emailed this morning about Symbian Partner Network (SPN), which theoretically will allow members to work better in the Symbian ecosystem. There are [...]

SUPERIOR ENERGY SERVICES (SPN), which sells and rents oil-drilling equipment, said Q2 EPS rose 17% to 91 cents, beating views by 13 cents. Revenue...