All
A flat open, and I mean flat, as the DJIA’s so far ranged somewhere between being up zero and one quarter of one percent on the day. In rather non-shocking news, Riverbed and Silver are the biggest movers of the day. No surprise given how volatile they are typically
All
It’s just flat out ugly out there in the stock markets today, with higher-beta tech leading to the downside. (Higher-beta means that the stocks are more volatile on most days than the broader stock market indices). I’ve been steadily putting money to work today, as I’d noted
All
One of our biggest shorts, LPS is in big trouble. Again. Still. Lately. Late during Friday’s trading hours, this bombshell news hit, sending the stock down nearly 7%: One investor said that every time he looked at corporate misconduct, “No matter how bad you think it is, it’s
All
It’s a very ugly open this morning…because of new concerns that Spain and Italy are to join Ireland and Greece as problem children of the EU…again. Each and every time we’ve seen the markets get hit badly here in the US over some concerns about some
All
Here’s a list of my positions, in approximate order from largest to smallest, though the variations between relative sizes are decreasing as time wears on and I get these longer positions built up. We’ll have some shorter-term and newer name trades in coming weeks to complement these longer-term
All
Using the weakness as an opportunity to scale into some longs as I’d noted I wanted to earlier. Google, Adtran and Nuance common are what I’m buying. Easy does it, I am getting closer to having these positions the relative sizes I want them to be here after
All
The markets are opening slightly lower this morning and there’s little in the way of catalysts in the news today. That said, we might not need a fundamental catalyst in addition to the strong earnings season we just made it through to pop this market. Take a look at
All
Well, it’s indeed too bad I couldn’t get ahold of some LNKD to short when it was at $120 a share as I’d noted earlier I was trying to. The stock’s fallen 25% intrady from those levels and is now trading at $94. No looking back
All
After having flagged them as I was doing them for you dear subscribers, I’ve still got my GLD and SLV puts which have some big profits on them. I just added to the hedge of those a by adding some more DBA. Here’s what the DBA profile is:
All
A couple weeks ago on the day it came public, Stacey Delo asked me what I thought about buying RenRen. I told her, and I quote: “Run the other way from Renren.” I went further in my article on the matter too — “I wouldn’t touch the stock with a
All
With LinkedIn.com now over $120 a share (it was priced at $45 last night and opened at $80 today!), I just checked to see if I could locate a borrow on some shares to see about shorting some for a short-term trade. Alas, I can’t get my hands
All
So LinkedIn.com is coming public and holy cow is the mainstream media hyping the heck out of it. Every major news outlet is breathlessly explaining how the IPO was originally priced in the low $30s last week, then upped to the mid $40s earlier this week and how it