iRock
Thursday, September 6, 2007 at 10:31AM
As I pondered this morning what I should blog about today a couple different thoughts had entered my mind as usual. I could regurgitate meaningless financial news, follow up on trades, present a few new ideas I took this morning or I could discuss how much I rule.
I choose the latter.
The reason I want to talk candidly about myself is that I have just realized I am in an incredible winning streak. Given the market climate here, it showcases a knack for picking winners. Going back over the last month (post Chicago) I tallied up all the wins/losses.
Allow me to share the percentage movements in the underlying since I have spoken about them here on the blog...
WYNN: +3.29%
PAYX: +3.93%
OII: +16.53
MA: +5.25%
GMCR: the initial stock trade: +59.32% since recently mentioned -.86%
AZO: +5.73%
ONXX: +20.36%
KLAC: still waiting for a signal
FXI: +.65%
BIIB: +8.29%
GLDN: initial trade from last year +115%, Since recently mentioned+8.25%
GRMN: initial trade from June +68.44%, Since recently mentioned +9.18%
MTG: +11.13%
OMG: +13.3%
RIMM: +4.37%
VMI: +4.70%
CNH: -3.45%
ICE: +2.14% (but I took a loss)
SGR: -6.12% (I took a smaller loss)
ATI: -.51% (I took a slightly bigger loss)
I was too lazy to incorporate all the ideas from the videos, but those who were following noticed some pretty strong movers in there, only a few losses, and several still waiting for trading signals. You know, the usual.
In case you missed Mastertalk last night, here were the ideas I presented...
I choose the latter.
The reason I want to talk candidly about myself is that I have just realized I am in an incredible winning streak. Given the market climate here, it showcases a knack for picking winners. Going back over the last month (post Chicago) I tallied up all the wins/losses.
Allow me to share the percentage movements in the underlying since I have spoken about them here on the blog...
WYNN: +3.29%
PAYX: +3.93%
OII: +16.53
MA: +5.25%
GMCR: the initial stock trade: +59.32% since recently mentioned -.86%
AZO: +5.73%
ONXX: +20.36%
KLAC: still waiting for a signal
FXI: +.65%
BIIB: +8.29%
GLDN: initial trade from last year +115%, Since recently mentioned+8.25%
GRMN: initial trade from June +68.44%, Since recently mentioned +9.18%
MTG: +11.13%
OMG: +13.3%
RIMM: +4.37%
VMI: +4.70%
CNH: -3.45%
ICE: +2.14% (but I took a loss)
SGR: -6.12% (I took a smaller loss)
ATI: -.51% (I took a slightly bigger loss)
I was too lazy to incorporate all the ideas from the videos, but those who were following noticed some pretty strong movers in there, only a few losses, and several still waiting for trading signals. You know, the usual.
In case you missed Mastertalk last night, here were the ideas I presented...
SHLD (Vertical Spread Sept 145/150)
LFG (Long Puts)
GNK (Long Stock)
FSTR (Long Stock)
GLYT (Long Puts/Vertical Spread Sept 70/75)
I also ran across a job opening I am going to apply for at the end of the month. It won't effect my status here on the blog, but it might conflict with my teaching schedule.
Stay tuned...
Recommendation: "Pride is a great banana peel, as are hope, fear, and greed."- Ed Seykota
Long: Myself
Short: Ed Seykota
Disclaimer: You know the drill, once you get complacent about the market...this is what happens.
References (1)
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Response: Magic The Gathering CardsInteresting post on the subject matter! Thanks for sharing this information.
Reader Comments (223)
Just something Eric mentioned on Market Cast last night.
Michelle
this looks odd to me
On the tos website the oct 60 calls show over 36 million in volume . wassup wid that.
Brian K
Brian K is seeing something also
Good luck at the tryouts!
Amy
Awesome post. It's about time you proved that you're long on your longness. We've been long on you for ages. Nice of you to catch up. This is the type of quantafiable stuff I love to see. It gives me an idea of what can happend when you're in "your groove." I am feeling reasonably groovy myself. I'm tippy toeing around the market right now, but doing reasonably OK, sort of, kind of. But most importantly, I'm feeling good about it.
liz, I'll be watching for you and Grant on your Harley. EXM is still rockin' on. Don't know if it's time to take profits. I'm up about 85% and in this market I don't want to get too greedy. And it's way far away from it's REE now... so I'd say there's a good chance it'll pull back and mull things over for a bit.
Just pulled into Calgary after leaving Newfoundland at 3:50 this morning. Time for a nap.
Brian K
Looking at the 5 and 10 year charts shows that LFG has some decent support at about 45-47. So perhaps some people are taking their profits on their puts after a 16% drop in the stock over the last 3 days. I am just speculating.
Chris, welcome to Calgary! Be sure to re-hydrate, you don't want to suffer from heat stroke ;o)
Happy trading all!
Jodi
Any thoughts?
Tim, Are you responsible for the programming that highlighted Jeff's comments on the last thread? I like it - now we can clearly see all his comments. Everyone, If you haven't noticed, go back to the previous set of posts and see it.
--Patti
I found the answer out from my notes.
Thanks for the response,
Brian K
Just got back from Mexico. I was so glad to read your post. I wish you the best of luck on the tryouts. I know your dreams will come true. We will all be cheering for you.
Anu