DJIA 13,912.94 +34.79
NASDAQ 2,709.59 +10.56
S&P 500 1,531.38 +5.96
UA 58.8 -1.3. Down past two days with volume. Two days ago gapped down. Not a long. Look to short next week.
TSS 28.42 +.38. Closed at 50 day ema. 1% dividend. Potentially safeish long. Credit card transaction processor.
SNV 28.13 +.03. 2.9% dividend. Owns much of TSS.
Watch list longs:
WMB 34.28. Gas pipeline builder/operator. Can test 36.
NMX 132.48. Commodities exchange.
Thursday, September 27, 2007
Tuesday, September 25, 2007
20070925 PM
DJIA 13,778.65 19.59
NASDAQ 2,683.45 15.50
S&P 500 1,517.21 -0.52
SRS 91.19 +3.15. Real estate.
SPG 98.3 -3.63 on average volume. Real estate.
SKF 88.3 +.74.
GAI 2.85 +0.0 on big volume. Day range 2.84 - 3.35.
GME 57.03 +.86. Continues to set multi-year highs. Am keeping trailing stop in place.
NGAS 6.89 -.1. If commodities lead a market retreat, keep an eye on this natural gas.
Dry shippers:
DSX 28.57 +1.13. Huge volume yesterday with price up and average price range. Watch if volume stalls in 29s.
DRYS 87.6 +2.15. 52 week high. Good volume.
Volatile action for intra-day action junkies. (I'm too nervous to hold either of these overnight.)
CTDC 7.4 +1.02. Volume and volatility came in this month. Day range 6.14 - 7.47.
BIDU 299.93 -3.48. Day range 295.55 - 304.40. Intra-day 52 week high. Second down day in 17 sessions. Can easily retrace to 250 from September 17.
NASDAQ 2,683.45 15.50
S&P 500 1,517.21 -0.52
SRS 91.19 +3.15. Real estate.
SPG 98.3 -3.63 on average volume. Real estate.
SKF 88.3 +.74.
GAI 2.85 +0.0 on big volume. Day range 2.84 - 3.35.
GME 57.03 +.86. Continues to set multi-year highs. Am keeping trailing stop in place.
NGAS 6.89 -.1. If commodities lead a market retreat, keep an eye on this natural gas.
Dry shippers:
DSX 28.57 +1.13. Huge volume yesterday with price up and average price range. Watch if volume stalls in 29s.
DRYS 87.6 +2.15. 52 week high. Good volume.
Volatile action for intra-day action junkies. (I'm too nervous to hold either of these overnight.)
CTDC 7.4 +1.02. Volume and volatility came in this month. Day range 6.14 - 7.47.
BIDU 299.93 -3.48. Day range 295.55 - 304.40. Intra-day 52 week high. Second down day in 17 sessions. Can easily retrace to 250 from September 17.
Thursday, September 20, 2007
20070920 PM
DJIA 13,766.70 -48.86
NASDAQ 2,654.29 -12.19 Made tri-start doji. The trend culminates with the Tri Star, identifying that there is little strength left, and signaling a return of the bears.
S&P 500 1,518.75 -10.28
Silver up, gold up, commodities up. Dollar down.
EFUT 18.20 +6.06. Huge volume. 52 week high 49.9 and there is even more volume there. "... provider of integrated software and professional services for manufacturers, distributors, wholesalers, logistics companies and retailers in China's supply chain front market."
ATV 16.97 +2.84. Decent volume with price spread. Closed above 50 day moving average. There was volume at highs in late May 2007. "... marketing company in China ..."
COGT 15.11 +.1. May be going for 15.45 then 15.73.
ALVR 13.89 +.29. Going to 14.23 then will have resistance at 16 then 17.
NASDAQ 2,654.29 -12.19 Made tri-start doji. The trend culminates with the Tri Star, identifying that there is little strength left, and signaling a return of the bears.
S&P 500 1,518.75 -10.28
Silver up, gold up, commodities up. Dollar down.
EFUT 18.20 +6.06. Huge volume. 52 week high 49.9 and there is even more volume there. "... provider of integrated software and professional services for manufacturers, distributors, wholesalers, logistics companies and retailers in China's supply chain front market."
ATV 16.97 +2.84. Decent volume with price spread. Closed above 50 day moving average. There was volume at highs in late May 2007. "... marketing company in China ..."
COGT 15.11 +.1. May be going for 15.45 then 15.73.
ALVR 13.89 +.29. Going to 14.23 then will have resistance at 16 then 17.
20070920 2:48PM
DJIA 13,758.82 -56.74
NASDAQ 2,650.42 -16.06
S&P 500 1,518.76 -10.27
HOG 48.16 -.43. Strong open, and heading lower. Fundamentally idling plants for a week due to sales slow down. Went short at 48.44.
CREE 33.82 +1.81. Long today at 33.97, looking for another pop tomorrow from shorts covering.
SKF 78.82 +2.62. Rebound off low from Wednesday. Need more volume going higher. Trying to buy this afternoon at 78.55.
NASDAQ 2,650.42 -16.06
S&P 500 1,518.76 -10.27
HOG 48.16 -.43. Strong open, and heading lower. Fundamentally idling plants for a week due to sales slow down. Went short at 48.44.
CREE 33.82 +1.81. Long today at 33.97, looking for another pop tomorrow from shorts covering.
SKF 78.82 +2.62. Rebound off low from Wednesday. Need more volume going higher. Trying to buy this afternoon at 78.55.
20070920 AM
DJIA 13,805.48 -10.08
NASDAQ 2,664.57 -1.91
S&P 500 1,526.68 -2.35
CC 8.72 -1.85. Closed short. Bad earnings.
AMZN 90 +.99. Short stop hit, closed position.
TRMB 36.93 -.75. Watching if it holds this price for possible long.
DRYS 76.41 +1.28. Keeps moving higher.
NASDAQ 2,664.57 -1.91
S&P 500 1,526.68 -2.35
CC 8.72 -1.85. Closed short. Bad earnings.
AMZN 90 +.99. Short stop hit, closed position.
TRMB 36.93 -.75. Watching if it holds this price for possible long.
DRYS 76.41 +1.28. Keeps moving higher.
Wednesday, September 19, 2007
20070919 PM
DJIA 13,815.56 76.17
NASDAQ 2,666.48 14.82
S&P 500 1,529.03 9.25
Yesterday rates were cut by 1/2%, markets zoomed higher (300 points, 70 points) though not with smashing volume. It looked like a huge short squeeze. Volume light again today. The markets can head lower, possibly beginning later this week. Options expire this week.
Gold/silver went up on interest rate decision. Gold equities have gone higher without huge volume, so they may be pulling back. If overall markets pull back, miners could go on sale.
Yesterday just after rate cut, went long BIDU at 266.48. Sold today at 280. Today BIDU closed at 275.95. With 10% short interest, this has a mind of it's own.
SKF 76.2 -1.08. Range today 74.37 - 77.21. Opened with gap down and worked higher during day. Am looking to buy tomorrow during day.
QID 41.39 -.13. Look to buy on open tomorrow, particularly if markets open up.
GM 34.98 -.79. 2.86% dividend. Keep on watch list for a long. Fundamentally negotiating with unions.
MAS 24.83 -1.32. 3.7% dividend. Gave up gains from yesterday. "Masco manufactures, distributes and installs home improvement and building products." Should have looked to short this on fundamentals and performance of HD/LOW.
NASDAQ 2,666.48 14.82
S&P 500 1,529.03 9.25
Yesterday rates were cut by 1/2%, markets zoomed higher (300 points, 70 points) though not with smashing volume. It looked like a huge short squeeze. Volume light again today. The markets can head lower, possibly beginning later this week. Options expire this week.
Gold/silver went up on interest rate decision. Gold equities have gone higher without huge volume, so they may be pulling back. If overall markets pull back, miners could go on sale.
Yesterday just after rate cut, went long BIDU at 266.48. Sold today at 280. Today BIDU closed at 275.95. With 10% short interest, this has a mind of it's own.
SKF 76.2 -1.08. Range today 74.37 - 77.21. Opened with gap down and worked higher during day. Am looking to buy tomorrow during day.
QID 41.39 -.13. Look to buy on open tomorrow, particularly if markets open up.
GM 34.98 -.79. 2.86% dividend. Keep on watch list for a long. Fundamentally negotiating with unions.
MAS 24.83 -1.32. 3.7% dividend. Gave up gains from yesterday. "Masco manufactures, distributes and installs home improvement and building products." Should have looked to short this on fundamentals and performance of HD/LOW.
Monday, September 17, 2007
20070917 PM
DJIA 13,403.42 -39.10
NASDAQ 2,581.66 -20.51
S&P 500 1,476.65 -7.60
Federal Reserve rate decision 2:15 tomorrow. Many traders are thinking of shorting any bounce.
GM 35.23 +1.01. Longer term going to 55.
GNCMA 12 -.35. Sold off at end of day.
BIDU 252.89 +18.01. Price spread with volume. 10% short.
FXY 86.77 +.19. Currencyshares Japanese Yen Trust.
SNH 20.74 +.01. 6.6% dividend. Senior Housing Properties Trust. May have broken down trend.
NASDAQ 2,581.66 -20.51
S&P 500 1,476.65 -7.60
Federal Reserve rate decision 2:15 tomorrow. Many traders are thinking of shorting any bounce.
GM 35.23 +1.01. Longer term going to 55.
GNCMA 12 -.35. Sold off at end of day.
BIDU 252.89 +18.01. Price spread with volume. 10% short.
FXY 86.77 +.19. Currencyshares Japanese Yen Trust.
SNH 20.74 +.01. 6.6% dividend. Senior Housing Properties Trust. May have broken down trend.
Friday, September 14, 2007
20070914 PM
DJIA 13,442.52 17.64
NASDAQ 2,602.17 1.11
S&P 500 1,484.25 0.30
Cotton to be strong next 3-6 months.
NASDAQ 2,602.17 1.11
S&P 500 1,484.25 0.30
Cotton to be strong next 3-6 months.
20070914 AM
DJIA 13,411.63 -13.25
NASDAQ 2,595.50 -5.56
S&P 500 1,480.75 -3.20
Yesterday AMZN went into highs of July 26-26 2007 with significantly lighter volume. It tested the high with light volume and gave it up on price. Today shorted AMZN at 87.17.
Yesterday BEXP went above previous day high with lighter volume and gave it up on price. Today shorted BEXP at 5.44. Am less certain this short than the AMZN short.
NASDAQ 2,595.50 -5.56
S&P 500 1,480.75 -3.20
Yesterday AMZN went into highs of July 26-26 2007 with significantly lighter volume. It tested the high with light volume and gave it up on price. Today shorted AMZN at 87.17.
Yesterday BEXP went above previous day high with lighter volume and gave it up on price. Today shorted BEXP at 5.44. Am less certain this short than the AMZN short.
Thursday, September 13, 2007
20070913 PM
DJIA 13,424.88 133.23
NASDAQ 2,601.06 8.99
S&P 500 1,483.95 12.39
Indices opened with gap up. Higher prices with lower volume. Interest rate meeting on Tuesday.
F 7.92 +.42. Going to 9.
SNDK 49.99 -1.76 with volume. Looks to test 49.45 then 49.
Long watch list:
CREE 26.95 +.01.
WRLS 6.76 +.45. 52 week high with good volume. Sells to telcos which are starting to make money.
ISIS 13.3 +.54. Good volume, near recent 52 week high.
Watch list:
AUXL 21.21 +.62.
HLIT 10.01 -.02.
OVTI 19.96 +.08.
BPHX 16.51 -.1.
AHS 17.82 +.16. Needs time to build cause.
DGIT 22 -.64. Went over 52 week high and gave up price with lighter volume. "... digital media delivery services to the advertising and broadcast industries." Will present at conference on Monday. Maybe sell the news.
NASDAQ 2,601.06 8.99
S&P 500 1,483.95 12.39
Indices opened with gap up. Higher prices with lower volume. Interest rate meeting on Tuesday.
F 7.92 +.42. Going to 9.
SNDK 49.99 -1.76 with volume. Looks to test 49.45 then 49.
Long watch list:
CREE 26.95 +.01.
WRLS 6.76 +.45. 52 week high with good volume. Sells to telcos which are starting to make money.
ISIS 13.3 +.54. Good volume, near recent 52 week high.
Watch list:
AUXL 21.21 +.62.
HLIT 10.01 -.02.
OVTI 19.96 +.08.
BPHX 16.51 -.1.
AHS 17.82 +.16. Needs time to build cause.
DGIT 22 -.64. Went over 52 week high and gave up price with lighter volume. "... digital media delivery services to the advertising and broadcast industries." Will present at conference on Monday. Maybe sell the news.
Wednesday, September 12, 2007
20070912 AM
DJIA 13,314.25 +5.86
NASDAQ 2,602.69 +5.23
S&P 500 1,473.04 +1.55
AMZN 88.1 +1.82. Buy price not hit yesterday. Strong today and pushing toward 52 week high. July 25 2007 high of 88.8 day had 60.5M volume. So far today has 5.4M volume.
HDI 47.09 +.1.
NASDAQ 2,602.69 +5.23
S&P 500 1,473.04 +1.55
AMZN 88.1 +1.82. Buy price not hit yesterday. Strong today and pushing toward 52 week high. July 25 2007 high of 88.8 day had 60.5M volume. So far today has 5.4M volume.
HDI 47.09 +.1.
Tuesday, September 11, 2007
20070911 PM
DJIA 13,308.39 +180.54
NASDAQ 2,597.47 +38.36
S&P 500 1,471.49 +19.79
Indices up on 10%-15% lighter volume.
Have little exposure to mining stocks. Waiting for big correction to take miners down, and then looking to buy miners.
TGB 4.43 +.12. Buy near 3 for a longer term triple.
HOG 46.99 -.67. Last Friday issued poor forecast of upcoming sales. Shorted this Monday at 47.42. Watch October 2005 low of 44.40. March 2003 low of 35.01.
NASDAQ 2,597.47 +38.36
S&P 500 1,471.49 +19.79
Indices up on 10%-15% lighter volume.
Have little exposure to mining stocks. Waiting for big correction to take miners down, and then looking to buy miners.
TGB 4.43 +.12. Buy near 3 for a longer term triple.
HOG 46.99 -.67. Last Friday issued poor forecast of upcoming sales. Shorted this Monday at 47.42. Watch October 2005 low of 44.40. March 2003 low of 35.01.
Friday, September 07, 2007
20070907 PM, Tom
DJIA 13,113.38 -249.97
NASDAQ 2,565.70 -48.62. Going to 2386.
S&P 500 1,453.55 -25.00
Index price spread with volume.
HMX 53.78 -1.72. Covered short from earlier this week.
SKF 86.89 +1.64. Looking to go long.
CC 9.8 -.35. Below Augutst 16 2007. Into prices from 2003.
WMT 42.39 -.37. Intraday touched July 2006 low and September 2005 low.
EMC 18.97 -.42. Look to buy in 16.5.
ZUME 45.36 -2.79. Look to buy in 35.5.
DUG 46.15 +1.1. Looks to go to 58.
HTE 26.58 -.52. High dividend.
JASO 38.92 -.17. Can test high of 44 and can also test 26 with market selling off.
GFIG 73.38 -3.08. "inter-dealer broker specializing in over-the-counter (OTC) derivatives products and related securities." This market has locked up, which should fundamenatlly be a problem. August 16 2007 low was 65.69. Look to short soon.
BZH 9.5 -1.41. Fundamental, technical, and legal problems. Look at bear spreads to 8 and below.
NASDAQ 2,565.70 -48.62. Going to 2386.
S&P 500 1,453.55 -25.00
Index price spread with volume.
HMX 53.78 -1.72. Covered short from earlier this week.
SKF 86.89 +1.64. Looking to go long.
CC 9.8 -.35. Below Augutst 16 2007. Into prices from 2003.
WMT 42.39 -.37. Intraday touched July 2006 low and September 2005 low.
EMC 18.97 -.42. Look to buy in 16.5.
ZUME 45.36 -2.79. Look to buy in 35.5.
DUG 46.15 +1.1. Looks to go to 58.
HTE 26.58 -.52. High dividend.
JASO 38.92 -.17. Can test high of 44 and can also test 26 with market selling off.
GFIG 73.38 -3.08. "inter-dealer broker specializing in over-the-counter (OTC) derivatives products and related securities." This market has locked up, which should fundamenatlly be a problem. August 16 2007 low was 65.69. Look to short soon.
BZH 9.5 -1.41. Fundamental, technical, and legal problems. Look at bear spreads to 8 and below.
Thursday, September 06, 2007
20070906 PM
DJIA 13,363.35 57.88
NASDAQ 2,614.32 8.38
S&P 500 1,478.55 6.26
Gold and silver up big on lighter volume. Sold HMY NGD AZK.
WLGC 1.95 -.15.
HMY 9.86 +.53. On watch to soon re-enter long.
WMT 42.76 +.31.
NASDAQ 2,614.32 8.38
S&P 500 1,478.55 6.26
Gold and silver up big on lighter volume. Sold HMY NGD AZK.
WLGC 1.95 -.15.
HMY 9.86 +.53. On watch to soon re-enter long.
WMT 42.76 +.31.
Wednesday, September 05, 2007
20070905 PM
DJIA 13,305.47 -143.39
NASDAQ 2,605.95 -24.29
S&P 500 1,472.29 -17.13
WMT 42.45 -.85. Low today was 42.35. 42.31 low was seen in 2005 and 2006.
Commercial real estate:
SPG 94.1 -3.23.
VNO 105.15 -2.88.
NASDAQ 2,605.95 -24.29
S&P 500 1,472.29 -17.13
WMT 42.45 -.85. Low today was 42.35. 42.31 low was seen in 2005 and 2006.
Commercial real estate:
SPG 94.1 -3.23.
VNO 105.15 -2.88.
20070905 AM
DJIA 13,261.08 -187.78
NASDAQ 2,605.54 -24.70
S&P 500 1,468.28 -21.14
Friday and Tuesday (markets were closed Monday) the indices rose on lighter volume.
WLGC Sold at 1.97. Did not want to continue to hold a risky long. Volume is coming in, and can go higher.
HXM Shorted at 55.39. Mexican home builder.
NASDAQ 2,605.54 -24.70
S&P 500 1,468.28 -21.14
Friday and Tuesday (markets were closed Monday) the indices rose on lighter volume.
WLGC Sold at 1.97. Did not want to continue to hold a risky long. Volume is coming in, and can go higher.
HXM Shorted at 55.39. Mexican home builder.
Tuesday, September 04, 2007
20070904 PM, Tom
DJIA 13,448.86 91.12
NASDAQ 2,630.24 33.88
S&P 500 1,489.42 15.43
HMY 9.5 +.55. Sold an older, working mine. Good volume. Going to 10.05 then can go to 10.87.
IWM 79.75 +1.01. Over all August 2007 highs with much lighter volume. Short candidate to 73s.
WMT 43.3 -.33. Consolidating lows. May break August 2005 lows and head down to 33.
BIDU 216.95 +8.95. Intra-day 52 week high, above July 26 2007 high. 10% short.
NASDAQ 2,630.24 33.88
S&P 500 1,489.42 15.43
HMY 9.5 +.55. Sold an older, working mine. Good volume. Going to 10.05 then can go to 10.87.
IWM 79.75 +1.01. Over all August 2007 highs with much lighter volume. Short candidate to 73s.
WMT 43.3 -.33. Consolidating lows. May break August 2005 lows and head down to 33.
BIDU 216.95 +8.95. Intra-day 52 week high, above July 26 2007 high. 10% short.
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