Monday, December 31, 2007
20071231 LLNW
LLNW 6.76 -.56. Shorted intraday. Level3 is suing on patent infringement. This was an IPO in 2007 that will close at yearly lows, so everyone who owns this has lost money. August 16 low was 6.72. When market volume returns, look for this to go lower on 2+ million shares/day.
Saturday, December 29, 2007
20071228 PM
Dow 13,365.87 +6.26 +0.05%
Nasdaq 2,674.46 -2.33 -0.09%
S&P 500 1,478.49 +2.12 +0.14%
SOLF 34.02 +.29.
USO 75.89 -.36.
XLE 80.37 +.08.
Nasdaq 2,674.46 -2.33 -0.09%
S&P 500 1,478.49 +2.12 +0.14%
SOLF 34.02 +.29.
USO 75.89 -.36.
XLE 80.37 +.08.
Monday, December 24, 2007
20071224 CVI XLE DNDN
CVI 25.58 +.85. Stay long.
XLE 79.35 +.05. Go long.
DNDN 6.63 +.36. Speculative long at this price.
XLE 79.35 +.05. Go long.
DNDN 6.63 +.36. Speculative long at this price.
Thursday, December 20, 2007
20071219 PM
Dow 13207.27 -25.20
Nasdaq 2601.01 +4.98
S&P 500 1453.00 -1.98
FXP 79.4 -1.2.
RIMM 102.13 -1.44. Earnings tomorrow after close. Possible short.
JOYG 59.58 +3.98. Had earnings. Maybe short at 60s.
Nasdaq 2601.01 +4.98
S&P 500 1453.00 -1.98
FXP 79.4 -1.2.
RIMM 102.13 -1.44. Earnings tomorrow after close. Possible short.
JOYG 59.58 +3.98. Had earnings. Maybe short at 60s.
Tuesday, December 18, 2007
20071218 PM
Dow 13,232.47 +65.27 +0.50%
Nasdaq 2,596.03 +21.57 +0.84%
S&P500 1,454.98 +9.08 +0.63%
FXP 81.27 -7.72. Look to buy lower in a week or so.
NG 6.08 -.95. Going at least 10% lower.
Nasdaq 2,596.03 +21.57 +0.84%
S&P500 1,454.98 +9.08 +0.63%
FXP 81.27 -7.72. Look to buy lower in a week or so.
NG 6.08 -.95. Going at least 10% lower.
Friday, December 14, 2007
20071214 PM
DJIA 13,339.85 -178.11
NASDAQ 2,635.74 -32.75
S&P 500 1,467.95 -20.46
Miners selling off.
SWC 9.1 -.96 on heavy volume.
VGZ 4.65 -.15.
NG 7.98 -.19. Multi-year low.
GDX 44.31 -.74. 52 week low was 32.76 in August. Look to short next week.
Oil
CVI 23.2 +1.12. Going for 24.87 from when it started trading in October 2007. Stay long.
CMZ 9.12 up 1.12 on heavy volume and news.
COP 83.29 -1.35. Gave up yesterday's gains. Look to short.
UNTD 12.07 +.82. Gapped up and held the gains.
FXP 79.79 +4.36. ProShrs Trst UltraShrt FTSE 25 ProShrs. Will test 80 then maybe 88.
HLIT 9.74 -.12. Going to 8.37. Look to short a pop.
UA 45.25 -2.25. 41.37 is 52 week low.
HD 26.63 -1.01. Closed at 52 week low. Look to short a pop.
CME 699.05 -1.95. Making agreements with foreign exchanges, and will benefit from more trading/volatility. August 16 low 505.89.
WM 15.15 -.44. 52 week low is 14.8 from yesterday. Supposedly pays 14.8% dividend. Can go a lot lower.
NASDAQ 2,635.74 -32.75
S&P 500 1,467.95 -20.46
Miners selling off.
SWC 9.1 -.96 on heavy volume.
VGZ 4.65 -.15.
NG 7.98 -.19. Multi-year low.
GDX 44.31 -.74. 52 week low was 32.76 in August. Look to short next week.
Oil
CVI 23.2 +1.12. Going for 24.87 from when it started trading in October 2007. Stay long.
CMZ 9.12 up 1.12 on heavy volume and news.
COP 83.29 -1.35. Gave up yesterday's gains. Look to short.
UNTD 12.07 +.82. Gapped up and held the gains.
FXP 79.79 +4.36. ProShrs Trst UltraShrt FTSE 25 ProShrs. Will test 80 then maybe 88.
HLIT 9.74 -.12. Going to 8.37. Look to short a pop.
UA 45.25 -2.25. 41.37 is 52 week low.
HD 26.63 -1.01. Closed at 52 week low. Look to short a pop.
CME 699.05 -1.95. Making agreements with foreign exchanges, and will benefit from more trading/volatility. August 16 low 505.89.
WM 15.15 -.44. 52 week low is 14.8 from yesterday. Supposedly pays 14.8% dividend. Can go a lot lower.
20071214 Intraday Notes: WLGC UNTD CC CVR GIGM ESLR CSCO
WLGC 1.85 +.40 as of 9:37AM. Has traded 1/3 of average daily volume. Don't see any news yet.
UNTD 11.78 +.53, 506,905 as of 9:56AM.
CC 6.94 -.47, 1,312,980, as of 10:04.
CVR 23.19 +1.11, 49,300, as of 10:16. 52 week high is 24.87.
GIGM 19.36 +1.14, 746,032, as of 12:30PM. Steady climb, though volume is not confirming the move.
ESLR 16.63 +1.52, 16,028,689 as of 12:37. Huge volume on news. Looks like longs are selling their gains. Short here with stop around 17.
CSCO 29.03 -0.03, 25,062,147 as of 12:38. Pushing lows of day 28.99. Trailing stop on this short.
DJIA 13,413.18 -104.78
NASDAQ 2,651.57 -16.92
S&P 500 1,477.04 -11.37
UNTD 11.78 +.53, 506,905 as of 9:56AM.
CC 6.94 -.47, 1,312,980, as of 10:04.
CVR 23.19 +1.11, 49,300, as of 10:16. 52 week high is 24.87.
GIGM 19.36 +1.14, 746,032, as of 12:30PM. Steady climb, though volume is not confirming the move.
ESLR 16.63 +1.52, 16,028,689 as of 12:37. Huge volume on news. Looks like longs are selling their gains. Short here with stop around 17.
CSCO 29.03 -0.03, 25,062,147 as of 12:38. Pushing lows of day 28.99. Trailing stop on this short.
DJIA 13,413.18 -104.78
NASDAQ 2,651.57 -16.92
S&P 500 1,477.04 -11.37
20071213 PM
Dow 13,517.96 +44.06
Look to short gold miners Friday morning.
JBLU 7.15. Lufthansa took $300M equity stake. Stock is at all-time low, and this could put a floor on the price.
FXP 75.42 up ~9%. Expect some pullback Friday, and look to add more long in next few days.
SMN 40.84. ULTRASHORT BASIC MATERIALS PROSHARES SMN:AMEX. Hasn't been performing for longs in this short play.
Friday morning news: Consumer prices up significantly.
Look to short gold miners Friday morning.
JBLU 7.15. Lufthansa took $300M equity stake. Stock is at all-time low, and this could put a floor on the price.
FXP 75.42 up ~9%. Expect some pullback Friday, and look to add more long in next few days.
SMN 40.84. ULTRASHORT BASIC MATERIALS PROSHARES SMN:AMEX. Hasn't been performing for longs in this short play.
Friday morning news: Consumer prices up significantly.
Thursday, December 13, 2007
20071213 TGT CSCO HRB
TGT 51.79 -1.39. Volume is showing this downtrend may fail to test the November 20 lows.
CSCO 28.99 +.19. Reached high of 29.54 in the morning.
HRB 18.55 -.87. While I don't want to short at the lows, HRB is saying they won't be in regulatory compliance. This would force asset sales at depressed prices.
H&R Block says may need more financing
NEW YORK (Reuters) - Top U.S. tax preparer H&R Block Inc (HRB.N) said on Thursday its borrowing capacity may not be sufficient to meet its financing requirements and it may have to issue additional debt or equity.
The company, whose shares were down 3.5 percent, said in a regulatory filing that it had been "significantly and negatively impacted" by the subprime mortgage meltdown.
It said it does not expect to be in compliance with a plan for a minimum capital ratio that it set with the U.S. Office of Thrift Supervision (OTS) in July. It had previously said it expected to hit the target by April 30, 2008.
CSCO 28.99 +.19. Reached high of 29.54 in the morning.
HRB 18.55 -.87. While I don't want to short at the lows, HRB is saying they won't be in regulatory compliance. This would force asset sales at depressed prices.
H&R Block says may need more financing
NEW YORK (Reuters) - Top U.S. tax preparer H&R Block Inc (HRB.N) said on Thursday its borrowing capacity may not be sufficient to meet its financing requirements and it may have to issue additional debt or equity.
The company, whose shares were down 3.5 percent, said in a regulatory filing that it had been "significantly and negatively impacted" by the subprime mortgage meltdown.
It said it does not expect to be in compliance with a plan for a minimum capital ratio that it set with the U.S. Office of Thrift Supervision (OTS) in July. It had previously said it expected to hit the target by April 30, 2008.
20071212 PM
Dow 13,473.90 +41.13
Nasdaq 2,671.14 +18.79
S&P 500 1,486.59 +8.94
In the morning if AAPL or CSCO are up, short them.
Nasdaq 2,671.14 +18.79
S&P 500 1,486.59 +8.94
In the morning if AAPL or CSCO are up, short them.
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