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Market Sentiment Watch: Drifting higher before and after the jobless claims data (452K vs 470K forecast). The Market is in "Get off the trading floor as soon as humanly possible" mode. Today’s oil inventory review section is abbreviated in the spirit of the season but I do plan on sticking around at least through the [...]
Market Sentiment Watch: Not a whole lot of trading going on so stocks just in Happy Drift Higher Mode. I raised a little cash yesterday and see doing more of that between now and mid next week. I have a short list of names that would look good for managers to own at year [...]
Market Sentiment Watch: Jingle Bellee. OPEC did nothing (as expected) and the GDP revision figures were light of consensus which may sap the dollar, laying the groundwork for what should be a relatively quiet session. In M&A news, DVN is on the tape with a $1.3billion sale to Maersk of three of its Lower [...]
Market Sentiment Watch: No economic data release today means the market will be thinking about tomorrow’s GDP revision and what to buy online for last minute gifts while faking work. For my own part, I’ll be using the week to look back at my early 2008 thoughts and continue to tweak the portfolio as [...]
Holdings Watch: $10KP II: $20,500 75% Cash The Holdings Tab has been updated. Closed Trades For the Week Ended 12/18/09: WLL – Sold the December $60 call for $6.60, up 35%, with the stock at $66.70. BEXP – Sold the (20) $12.50 January calls for $0.85, up 172% with the stock at $12.50. WLL [...]
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