Wednesday, February 27, 2008

20080227 PM

DJIA 12,694.28 9.36
NASDAQ 2,353.78 8.80
S&P 500 1,380.02 -1.27

ANO 4.3 +.3. Opening gap up and held the price.
GMO 11.18 -.67. Day range. Approached 12 and gave it up.
SIGM 32.46 +1.85.
SKF 104.92 -1.28. Looking for 98 soon.
SLV 191.33 +5.33.

20080227 1321

DJIA 12,732.06 47.14
NASDAQ 2,359.08 14.10
S&P 500 1,385.78 4.49

Silver SLV 190.9 +4.9.

ANO 4.39 +.39. Good volume with big price spread. Need a big volume surge for the weekly charts.
PDS 22.71 -.01. Re-evaluate this long at 25.
SIGM 32.41 +1.8.
SKF 103.71 -2.49.

Monday, February 25, 2008

20080225 PM

DJIA 12,570.22 189.20 Will go another couple hundred points higher, then review.
NASDAQ 2,327.48 24.13
S&P 500 1,371.80 18.69

Indices going higher. Expect volatility.

Gold 942 -6. Expect 1000 within a few months.

COIN 13 +1.36. Needs more volume to get through 13.55.
GRO 8.28 +.7.

ANO 3.99 +.19.
CHT 24.5 +1.53. 4.4% dividend. Gapped up and made 52 week high intraday. Taiwan play Chunghwa Telecom Co., Ltd. is a telecommunications service provider in Taiwan.
GLD 92.74 -.65.
MC 21.43 +.72. Can test 25 from May 2006.
PDS 22.29 +1.08. Good volume. Closed near high of day. Expect it to spend time around 25 to build cause. Stay long.
PMC 15 +.22. Has built cause to go up.
SIGM 34.17 -.81. MQNDG APR 19 CALL $35.000 closed at $3.90.
SKF 106.98 -1.92. Day range 105.87 - 113.19. Stay long.
TMA 11.25 +.45. 8.9% dividend. Thornburg Mortgage Inc.
WM 17.07 +.17. Rejected lower price today. Can buy here.

20080225 AM, SIGM

DJIA 12,485.30 +104.28
NASDAQ 2,318.87 +15.52
S&P 500 1,362.15 +9.04

SIGM 33.84 -1.14. Took a big hit last Friday, which triggered my alert at 35. This morning went long with April 35 calls. Company press release today explaining insider stock option sales.

Saturday, February 23, 2008

20080222 PM, CAU AIRM RCII

DJIA 12,381.02 96.72
NASDAQ 2,303.35 3.57
S&P 500 1,353.11 10.58

Big reversal in last hour for positive close. Good action for upside, as the weak hands sold this week an particularly today.
Silver closed above 18.

GOOG 507.8 +4.94.
SKF 108.9 -3.3. Day range 108.74 - 116.86. Closed near low of day. Stay short.
PDS 21.21 +1.14. Positive all day, with good volume. 52 week high is 27.89. Watch it at 25.
CAU .45 +.02. Building cause.
WFC 31.44 +.7. Set to go higher, look how it goes to 34.
TIE 23.81 -.02. Rejected lower prices today. Look for 26 next week.
AIRM 40.36 -2.55. Research the fundamentals to look for possible short.
RCII 18.34 +.42. Rejected lower price, going higher next week.
LLNW 6.35 -.33. Unlike many stocks today, this did not reject lower prices and it did close at low of day. Look for retest of 5.9 area.

Thursday, February 21, 2008

20080221 PM

DJIA 12,284.30 -142.96
NASDAQ 2,299.78 -27.32
S&P 500 1,342.53 -17.50

ANO 4.08 -.15. Close near low of day.
RBY 1.33 +.09. Sold this intra-day.

20080221 1009

DJIA 12,437.11 9.85
NASDAQ 2,341.60 14.50
S&P 500 1,360.43 0.40

RBY 1.36 +.12. Sold this position that was entered yesterday.

Wednesday, February 20, 2008

20080220 PM, GOOG JOE RBY

DJIA 12,427.26 90.04
NASDAQ 2,327.10 20.91
S&P 500 1,360.03 11.25

Look for indices to keep going up.

Platinum down.
Gold up.
Silver up.
Oil 99.71 down.

ANO 4.23 +.5. Good volume. Expect a pause in price movement at 4.45 to build cause. If it shoots through 4.45 and 4.5, then get ready to close the long.
RBY 1.24 +.17. Bought this today. Looking for about .15 then will sell.
SKF 109.01 -3.99. Day range 108.57 - 115.75. Stay short.
GOOG 509 +.05. Going to test 570. Go long with calls.
JOE 37.7 +1.05. Buy and hold for ten years.
AERO 4.75 +.45. Big percentage moves.

Look at China and Hong Kong indices.

Tuesday, February 19, 2008

20080219 PM, GCC GSG

DJIA 12,337.22 -10.99
NASDAQ 2,306.19 -15.61
S&P 500 1,348.78 -1.21
Indices opened up and closed down which is not good price action. It did this with much lighter volume, so still looking for markets to go up.

Platinum 2151 +41. Gold and silver also up.
Oil hit 100.

ANO 3.73 +.43. Stay long.
AZK 4.31 +.23.
PAL 8.05 +1.29.
RBY 1.07 +.03. Look to take a partial long position this week.
SWC 17.88 +1.78. 52 week high.
TRE 5.7 -.02. Buy with a tight time stop.

T 35.89 -1.99. Big telecoms offering unlimited calling mobile plans.
VZ 35.34 -2.49.

ETFs to track commodities:
GCC 33.77 +.65. Recent issue.
GSG 56.55 +1.55.

Sunday, February 17, 2008

20080215 PM

DJIA 12,348.21 -28.77
NASDAQ 2,321.80 -10.74
S&P 500 1,349.99 +1.13

SSO 69.69 +.29. Bought more at 68.9.
AERO 4.4 -.5. Earnings a day ago, more sell off.
SKF 111.02 -1.13. Closed near low of day.
ATAC 20.03 -.43. Down past few days on earnings. Looks to be at a support area.

VGZ 5.15 -.17.
ANO 3.3 -.02. Building cause to test 4.5 then 5.

Thursday, February 14, 2008

20080214 PM

DOW 12,376.98 -175.26 (-1.40%)
NASDAQ 2,332.54 -41.39 (-1.74%)
S&P 500 1,348.86 -18.35 (-1.34%)

Platinum 2011 +33.

AERO 4.9 -1.12. Earnings reported.
STMP 9.78 -1.24. Earnings reported.
FXI 143.62 -3.37.
THC 4.15 -.06. Look to buy.
DUG 41.4 -.2. Look to buy on Friday if option expiration volatility brings in a good price.

Wednesday, February 13, 2008

20080213 PM

DJIA 12,552.24 178.83
NASDAQ 2,373.92 53.88 Will easily see 2415.
S&P 500 1,367.21 18.35
Markets are going higher, along with financials.

Platinum 1984 +73. Touched 2000 intraday.

ANO 3.31. Platinum miner.
HMY 9.52 -.05. Gold miner can't seem to move higher. Watch it test this area for a potential buy.
VGZ 5.48 +.23. Gold miner.
PDS 19.31 +.57. 8% dividend.
SIGM 45.73 +1.87.
DSX 30.93 +.96. 7.5% dividend. Watch for a buy.

Tuesday, February 12, 2008

20080212 PM

DJIA 12,373.41 133.40 1.09%
NASDAQ 2,320.04 -0.02 0.00%
S&P 500 1,348.86 9.73 0.73%
10yr Note 98.656 -0.3438 0.35%
FTSE 100 5,910.00 202.30 3.54%
Nikkei 225 13,021.96 4.72 0.04%
Hang Seng 22,921.67 305.56 1.35%
Euro (in USD) 1.458 0.0062 0.43%
Oil 92.78 -0.81 0.87%
Gold 907.40 -15.50 1.68%

ANO 3.31 +.01.
TMA 12.39 -4.62. 8% dividend. Buy and hold.

20080212 1233

DJIA 12,397.47 157.46
NASDAQ 2,333.13 13.07
S&P 500 1,352.22 13.09

SLV 170.9 -3.1. Appears to have found low of day.
VGZ 5.33 -.14. Shorted for a scalp.

20080211 PM

DOW 12,240.01 +57.88 (+0.48%)
NASDAQ 2,320.06 +15.21 (+0.66%)
S&P 500 1,339.13 +7.84 (+0.59%)

SLV 174 +3.74. Closed at all time high. Look to buy tomorrow to ride more upside in commodity metals.

Friday, February 08, 2008

20080208 1230 Platinum, Subprime Nation

DJIA 12,186.77 -60.23
NASDAQ 2,302.36 9.33
S&P 500 1,332.37 -4.54
Platinum 1871

ANO 3.23 +.08. Small platinum miner for a long term hold. Plan to take actual delivery of stock certificate.


Pat Buchanan
Subprime Nation
Posted: January 14, 2008

Since it began to give credit ratings to nations in 1917, Moody's has rated the United States triple-A. U.S. Treasury bonds have been seen as the most secure investment on earth. When crises erupt, nervous money seeks out the world's great safe harbor, the United States. That reputation is now in peril.

Last week, Moody's warned that if the United States fails to rein in the soaring cost of Social Security, Medicare and Medicaid, the nation's credit rating will be down-graded within a decade.

...

This self-indulgent generation has borrowed itself into unpayable debt. Now the folks from whom we borrowed to buy all that oil and all those cars, electronics and clothes are coming to buy the country we inherited. We are prodigal sons, and the day of reckoning approaches.

Wednesday, February 06, 2008

20080206 PM

DJIA 12,200.10 -65.03
NASDAQ 2,278.75 -30.82
S&P 500 1,326.45 -10.19

Platinum all time high.

RCH 6.57 -.14. Dec 06 high of 13.87 had big volume.
SKF 108.29 +2.9.
C 26.92 -.13. Bought today.
ANO 3.02 -.02.

Tuesday, February 05, 2008

20080205 PM

DJIA 12,265.13 -370.03
NASDAQ 2,309.57 -73.28
S&P 500 1,336.64 -44.18

SKF 105.39 +8.34. ULTRASHORT FINANCIALS PROSHARES. Closed near high of day. Shorted this today.

Friday, February 01, 2008

20080201 PM

DJIA 12,743.19 92.83
NASDAQ 2,413.36 23.50 Good volume pushing higher.
S&P 500 1,395.41 16.86

Gold down 18.
Silver down, platinum up.

UWM 54.42 +2.58. Staying long.
PDS 18.14 +.93. Went long today.
C 29.69 +1.52.
SKF 92.4 -4.85. Ultrashort financials.