DOW 13,028.16 +41.36
NASDAQ 2,516.09 -12.76
SP500 1,426.63 +1.28
SYNM 2.45 +.58. Heavy volume. Going for 3.
SRS 80.45 -.12. Sold this long, then shorted it.
Tuesday, May 20, 2008
Sunday, May 18, 2008
2080516PM Casinos, "Monster"
DJIA 12,986.80 -5.86
NASDAQ 2,528.85 -4.88
S&P 500 1,425.35 +1.78
Metals up.
DGP 21.78 +1.05. Sold at 21.61.
GBN 3.46 +.08.
HMY 12.55 +.07.
Consider to short:
ASTI 14.72 -1.17. New share issue at 14.
CNSL 13.73 -.21. Keeps sinking. Light turnover, huge dividend.
Casino revenues are down:
ASCA 18.14 -.4.
ISLE 6.94 -.03.
PNK 15.-5 -.87.
Köhler calls financial markets a 'monster'
Published: 14 May 08 10:11 CET
German President Horst Köhler has attacked banks for allowing global financial markets to become a "monster" that nearly caused a "collapse" as a result of the US subprime crisis.
"It must by now have become clear to every responsible thinking person in the (banking) industry that the international financial markets have become a monster that has to be put back in its place," Köhler told weekly magazine Stern in an interview to be published on Thursday.
He said highly complex financial instruments and the ability to make massive leveraged investments with minimal capital were the primary causes behind the markets monster.
"We came close to a collapse of world financial markets," Köhler, the former head of the International Monetary Fund, said.
...
NASDAQ 2,528.85 -4.88
S&P 500 1,425.35 +1.78
Metals up.
DGP 21.78 +1.05. Sold at 21.61.
GBN 3.46 +.08.
HMY 12.55 +.07.
Consider to short:
ASTI 14.72 -1.17. New share issue at 14.
CNSL 13.73 -.21. Keeps sinking. Light turnover, huge dividend.
Casino revenues are down:
ASCA 18.14 -.4.
ISLE 6.94 -.03.
PNK 15.-5 -.87.
Köhler calls financial markets a 'monster'
Published: 14 May 08 10:11 CET
German President Horst Köhler has attacked banks for allowing global financial markets to become a "monster" that nearly caused a "collapse" as a result of the US subprime crisis.
"It must by now have become clear to every responsible thinking person in the (banking) industry that the international financial markets have become a monster that has to be put back in its place," Köhler told weekly magazine Stern in an interview to be published on Thursday.
He said highly complex financial instruments and the ability to make massive leveraged investments with minimal capital were the primary causes behind the markets monster.
"We came close to a collapse of world financial markets," Köhler, the former head of the International Monetary Fund, said.
...
Tuesday, May 13, 2008
2080513 1116 DGP XRM
DJIA 12,805.64 -70.67
NASDAQ 2,475.42 -13.06
S&P 500 1,398.93 -4.65
DGP 20.13 -.64. Covered at 20.04.
XRM 4.5 +.4. Sold here.
NASDAQ 2,475.42 -13.06
S&P 500 1,398.93 -4.65
DGP 20.13 -.64. Covered at 20.04.
XRM 4.5 +.4. Sold here.
Friday, May 09, 2008
20080509 0953 XRM
XRM Sold the tiny long position for small profit.
20080509 1330 UPDATE:
Left $1 ~33% on the table...
Bought 1000 @ 4.21. Will be wild if this goes to 5 and can short it.
It has options, and selling this month's puts at 5 looks tempting with premium exploding.
Risk management says I shouldn't be in this as I missed most of the (parabolic?) move. Ego says otherwise, so kept position size small.
20080509 1330 UPDATE:
Left $1 ~33% on the table...
Bought 1000 @ 4.21. Will be wild if this goes to 5 and can short it.
It has options, and selling this month's puts at 5 looks tempting with premium exploding.
Risk management says I shouldn't be in this as I missed most of the (parabolic?) move. Ego says otherwise, so kept position size small.
20080509 0947
DJIA 12,768.02 -98.76
NASDAQ 2,436.71 -14.52
S&P 500 1,387.71 -9.97
SYNM 1.69 -.03. Buying morehere.
XRM 2.97 -.01.
NASDAQ 2,436.71 -14.52
S&P 500 1,387.71 -9.97
SYNM 1.69 -.03. Buying morehere.
XRM 2.97 -.01.
Thursday, May 08, 2008
20080508PM
DJIA 12,866.78 +52.43
NASDAQ 2,451.23 +12.75
S&P 500 1,397.68 +5.11
Oil 124.5 intraday high.
ANO 3.13 +.02. Have the physical certificates for this long term hold.
FEED 19.07 -.28.
GMO 8.4 +.35. Walked higher all day, then squeezed up at the close. Volume was average.
MELI 55 -1.05.
SRS 86.2 +.21.
VGZ 3.67 +.24.
SYNM 1.73 +.33. Wanted to see higher volume, so get ready to sell this.
XRM 2.98 +.55. Had earnings. 52 week range 0.91 - 9.16. Bought a very small position at 2.95 late in the day, as the whole order didn't fill at that price. Looking to sell in the morning on continuation up. March 18 big down day from 4.34.
DBE 47.39 +.5. PowerShares DB Energy Fund. The index is a rules-based index composed of futures contracts on some of the most heavily traded energy commodities in the world Tempting to short this, but it closed at 52 week high. It has options.
EWY 58.7 -.08. Korea ETF.
GLD 87.24 +1.42. Consider selling gold in the morning, by going short DGP (gold 2X long). Gold often has big moves on Fridays.
DGP 20.93 +.7.
RSOL 8.8 -1.2. IPO'd at 10 today.
UNG 54.09 -.16. United States Natural Gas Fund LP. Nearly a short.
XLF 25.99 -.44. Financials look to continue going down due to AIG news.
NASDAQ 2,451.23 +12.75
S&P 500 1,397.68 +5.11
Oil 124.5 intraday high.
ANO 3.13 +.02. Have the physical certificates for this long term hold.
FEED 19.07 -.28.
GMO 8.4 +.35. Walked higher all day, then squeezed up at the close. Volume was average.
MELI 55 -1.05.
SRS 86.2 +.21.
VGZ 3.67 +.24.
SYNM 1.73 +.33. Wanted to see higher volume, so get ready to sell this.
XRM 2.98 +.55. Had earnings. 52 week range 0.91 - 9.16. Bought a very small position at 2.95 late in the day, as the whole order didn't fill at that price. Looking to sell in the morning on continuation up. March 18 big down day from 4.34.
DBE 47.39 +.5. PowerShares DB Energy Fund. The index is a rules-based index composed of futures contracts on some of the most heavily traded energy commodities in the world Tempting to short this, but it closed at 52 week high. It has options.
EWY 58.7 -.08. Korea ETF.
GLD 87.24 +1.42. Consider selling gold in the morning, by going short DGP (gold 2X long). Gold often has big moves on Fridays.
DGP 20.93 +.7.
RSOL 8.8 -1.2. IPO'd at 10 today.
UNG 54.09 -.16. United States Natural Gas Fund LP. Nearly a short.
XLF 25.99 -.44. Financials look to continue going down due to AIG news.
Monday, May 05, 2008
20080505PM
DJIA 12,969.54 -88.66
NASDAQ 2,464.12 -12.87
S&P 500 1,407.49 -6.41
Index volume light.
Metals up.
Oil 120. All time high.
FEED 20.94 +1.94. All time high.
MELI 56 +6.01.
OTEX 37.49 -.36.
SYNM 1.36 +.12. Bought today. December 2006 2.75 looks to be retested, then watch how it does there.
TRE 5.05 -.08.
AVR 5.01 -.42. Gave back some gains from Friday's earnings.
CNSL 14.17 -.54. 52 week low is 13.6.
JST 41.04 +2.12. All time high. China company.
XOM 89.51 -.1. Divergence from oil. Surprising it was down slightly, with oil at all time highs.
YHOO 24.37 -4.3. Microsoft walked away from buying Yahoo. Gap open to 19.35 from January 31.
NASDAQ 2,464.12 -12.87
S&P 500 1,407.49 -6.41
Index volume light.
Metals up.
Oil 120. All time high.
FEED 20.94 +1.94. All time high.
MELI 56 +6.01.
OTEX 37.49 -.36.
SYNM 1.36 +.12. Bought today. December 2006 2.75 looks to be retested, then watch how it does there.
TRE 5.05 -.08.
AVR 5.01 -.42. Gave back some gains from Friday's earnings.
CNSL 14.17 -.54. 52 week low is 13.6.
JST 41.04 +2.12. All time high. China company.
XOM 89.51 -.1. Divergence from oil. Surprising it was down slightly, with oil at all time highs.
YHOO 24.37 -4.3. Microsoft walked away from buying Yahoo. Gap open to 19.35 from January 31.
20080505 1537 OTEX FEED
DJIA 12,960.91 -97.29
NASDAQ 2,461.82 -15.16
S&P 500 1,407.00 -6.90
OTEX 37.6 -.25. Sold here for small intraday gain. Volume is light.
FEED 20.8 +1.8. 52 week high, all time high. Great volume. Stay long.
NASDAQ 2,461.82 -15.16
S&P 500 1,407.00 -6.90
OTEX 37.6 -.25. Sold here for small intraday gain. Volume is light.
FEED 20.8 +1.8. 52 week high, all time high. Great volume. Stay long.
20080505 1437 FEED
DJIA 12,960.82 -97.38
NASDAQ 2,462.45 -14.54
S&P 500 1,406.23 -7.67
FEED 19.45 +.45. Bought as it is running up to test day high at 19.49. Shorts are still getting squeezed.
MELI 55.88 +5.89. After weeks of marking time, moving up strongly. Will consider sell around 60.
OTEX 37.49 -.36.
TRE 5.06 -.07. All of the short is covered.
NASDAQ 2,462.45 -14.54
S&P 500 1,406.23 -7.67
FEED 19.45 +.45. Bought as it is running up to test day high at 19.49. Shorts are still getting squeezed.
MELI 55.88 +5.89. After weeks of marking time, moving up strongly. Will consider sell around 60.
OTEX 37.49 -.36.
TRE 5.06 -.07. All of the short is covered.
20080505 1133
DJIA 12,975.64 -82.56
NASDAQ 2,468.12 -8.87
S&P 500 1,408.21 -5.69
TRE 5.1 -.03. Closed some of this short position at 5.05.
OTEX 37.44 -.41. Bought at 37.45 for short term trade.
NASDAQ 2,468.12 -8.87
S&P 500 1,408.21 -5.69
TRE 5.1 -.03. Closed some of this short position at 5.05.
OTEX 37.44 -.41. Bought at 37.45 for short term trade.
20080503PM
Dow 13,058.20 +48.20
Nasdaq 2,476.99 -3.72
S&P 500 1,413.90 +4.56
FEED 19 +3.34. Stopped out of the short. Shows the necessity of a trailing stop, and shows how the shorts are nervous and continue to get squeezed.
AVR 5.43 +1.13. Big volume on good earnings. Produces commodities and processes ethanol. Going for high volume day in February, to 6.5.
Nasdaq 2,476.99 -3.72
S&P 500 1,413.90 +4.56
FEED 19 +3.34. Stopped out of the short. Shows the necessity of a trailing stop, and shows how the shorts are nervous and continue to get squeezed.
AVR 5.43 +1.13. Big volume on good earnings. Produces commodities and processes ethanol. Going for high volume day in February, to 6.5.
Thursday, May 01, 2008
20080430PM
DJIA 12,820.13 -11.81
NASDAQ 2,412.80 -13.30
S&P 500 1,385.59 -5.35
Fed reduced interest rate during market hours today.
FEED 16.68 -.34.
OTEX 37.22 +3.24.
PDS 25.06 +.14.
TRE 5.11 +.19.
EWZ 90.32 +6.39. Brazil up on news. Potential short.
NASDAQ 2,412.80 -13.30
S&P 500 1,385.59 -5.35
Fed reduced interest rate during market hours today.
FEED 16.68 -.34.
OTEX 37.22 +3.24.
PDS 25.06 +.14.
TRE 5.11 +.19.
EWZ 90.32 +6.39. Brazil up on news. Potential short.
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