On Friday, T2108 experienced a brief encounter with overbought conditions (70% or higher). My favorite technical indicator reached as high as 71.3% before settling in for a close of 68.3%.

December E-mini S&Ps (ESZ14 +0.05%) this morning are down -0.01% ahead of the release of Oct non-farm payrolls and European stocks are down-0.90%, led by a slide in bank stocks as National Bank of Greece SA and Credit Agricole Sa are both down more than 4%.

After the close today Zynga (ZNGA) and King Digital (KING) are both slated to release 3rd quarter earnings. So far this earnings season has been a lucrative one for many of the traditional gaming companies like Electronic Arts (EA) and Activision Blizzard (ATVI).

I’m a fairly conservative investor/trader so I don’t often buy IPOs until the stock has traded for several months and had a chance to shake out.

Discussing the Alibaba IPO, the future of Yahoo, and a company which could become the next home run Apple component stock with Eric Jackson.

Almost two weeks after a post-earnings implosion, KING is showing some signs of life. The stock may even be scratching its way to a (short-term?) sustainable bottom.