31
Aug
Fear in China is alive and well with Shanghai opening the week down 6.7% on fears that a wave of IPOs and secondaries will dilute current holders. U.S. equities are so far taking their cue from Asia and selling off on a Monday that brings little news outside of an Oil Service merger in this […]
Posted in Uncategorized | 54 Comments »
29
Aug
Holdings Watch: (for the week ended 1/8/10) $10KP II: $33,300 Cash: 41% Last Week’s Closed Trades: IOC – Sold my (2) January $70 calls (IOCAN) for $14, up 135%. Will reposition soon. NOG – Sold (40) NOG $12.50 January calls for $0.50 (on the mid), up 91%, with the stock at $12.67. I continue […]
Posted in Wrap | 4 Comments »
28
Aug
In Today’s Post: Holdings Watch Commodity Watch Natural Gas Storage Review Stuff We Care About Today – Gassy name comments Odds & Ends Holdings Watch $10KP: $5,500 41% Cash The Wiki Holdings tab is updated. I will update the $10KP II spreadsheet tab over weekend. Yesterday’s Trades: None Commodity Watch Crude oil reversed early losses […]
Posted in Uncategorized | 93 Comments »
27
Aug
I will be out of the office at the beginning of trading today but plan to be back just in time for the gas storage number at 10:30 EST. In Today’s Post: Holdings Watch Commodity Watch Natural Gas Preview EIA Oil Inventory Review Odds & Ends Holdings Watch: $10KP II: $6,000 38% […]
Posted in Uncategorized | 85 Comments »
26
Aug
Durable goods came in at up 4.9%, expecting up 4% with a last reading of down 2.2%. This is the best increase in two years but this is an erratic series with big swings and this looks like it was driven by aircraft orders and as such the market may shrug. We get data on […]
Posted in Uncategorized | 123 Comments »