Closed:
[a] MA, +13.70%, held overnight (they blew away earnings)
[b] EMF, +1.03%, held overnight
[c] TASR, +2.29%, held overnight
[c] INTU, +2.2%, held 4 days
My ports: -2.09%
Brokerage: 3.03%
BBE Overall: 60.19%
% of Trading Targets reached: 4.19%
I’m screwed ratio: 1.7 to 38.7
Long to Cash %s: 49.06% to 50.94%
QTD Returns (Annualized) 2.30%
~~~~
[a] EW
[b] Dividend play
[c] Stockpickr 3×2
Nice pop this morning and then totally screwed over by the dry shippers in the afternoon.
Closed:
[a] UA, +2.81%, held overnight
[a] BEAV, +1.95%, held overnight
[a] SPSS, +1.82%, held overnight
[b] NVDA, +1.97%, held overnight
[b] CMCSK, +1.66%, in/out
[b] MXIM, +1.67%, held overnight
[b] GENZ, +1.80% in/out
[c] CQP, +.38%, partial fill, held overnight
[b] AMAT, +1.47%, held overnight
Opened:
EW pick
[c] EMF
[b] TASR
GTrades pick
Month to Date:
My ports: -3.96%
Brokerage: 1.63%
BBE Overall: 58.15%
% of Trading Targets reached: -28.93%
I’m screwed ratio: 4.4 to 16.7
Long to Cash %s: 76.90% to 23.10%
QTD Returns (Annualized) -16.31%
~~~~~
[a] EW
[b] Stockpickr 3×2
Yeah, had one of those “I am a moron” moments this evening.
I’ve been trying to avoid going into pattern day trading status. Why? Because I’d managed to completely misinterpret it – every time I read it, I kept thinking it would make it more difficult to trade, but it actually wouldn’t. I meet the equity requirements on it, and rarely use margin anymore, other than using it in lieu of restricted cash in the other accounts.
So, I guess it’s not really an issue after all. Just gotta keep an eye on the IRA accounts, cause they can’t go margin, which is a requirement.
I was kind of a zombie today, so I couldn’t even begin to tell you what the catalysts were that moved the market in any direction.
Closed:
[a] ZOLT, +1.77%, held 4 days
[b] AFG, +2.38%, in/out
Opened:
[b] 3 EW picks
[c] MXIM, AMAT, NVDA
[d] CQP
Looking at TASR, GENZ & CMCSK in the 3×2’s for tomorrow and EMF as a potential dividend play.
Month to Date:
My ports: -3.04%
Brokerage: 2.29%
BBE Overall: 59.18%
% of Trading Targets reached: -12.82%
I’m screwed ratio: 2.4 to 38.8
Long to Cash %s: 84.34% to 15.66%
QTD Returns (Annualized) -7.55%
~~~
[a] GTrades
[b] EarningsWhispers.com (EW)
[c] Stockpickr 3×2
[d] Dividend play
Doing a 2 week trial of EarningsWhispers.com – should be interesting.
Hell of a lot better than the rest of the week, that’s for sure. I wish I had some grand insights into things today, but I just don’t – I’m tired and fighting a head cold so I am just happy to be upright. :)
Have a great weekend.
Closed:
[a] ALGN, +2.07%, held overnight
[c] GLW, +4.08%, held overnight
[d] NYX, +.98%, held overnight
[b] PETM, -3.20%, held overnight
Opened:
[b] INTU
Month to Date:
My ports: -5.02%
Brokerage: 1.73%
BBE Overall: 58.20%
% of Trading Targets reached: -40.62%
I’m screwed ratio: 4.9 to 15.6
Long to Cash %s: 55.82% to 44.18%
QTD Returns (Annualized) -25.74%
~~~~
[a] Short
[b] Stockpickr 3×2
[c] AAP
[d] Stockpickr Unusual Volume
Another effed up day, but hey, what do you expect anymore?
Got a couple 3×2’s and a GTrades potential play for tomorrow, but I’m passing on all but one of them – of the 6, 3 have earnings within a week and 2 have missed regulatory deadlines. That’s just a cue for a continued slide downwards if I’ve ever seen one.
Closed:
[a] FAST, +1.81%, held 6 days
[a] RCII, -5.57%, stopped out, held 6 days
[b] DGX, -7.1%, held 22 days, stopped out
[c] SGR, -6.28%, held 3 days, stopped out
[e] AIG,-7.64%, held 4 days, stopped out. Cut out mid day. It bounced back. Yes, I am a dumbass.
Opened:
[d] NYX
AAP pick
Month to Date:
My ports: -5.95%
Brokerage: 0.26%
BBE Overall: 56.83%
% of Trading Targets reached: -64.79%
I’m screwed ratio: 11.7 to 11.8
Long to Cash %s: 52.85% to 47.15%
QTD Returns (Annualized) -41.00%
~~~~
[a] Stockpickr 3×2
[b] GTrades
[c] Short
[d] Stockpickr Unusual Volume
[e] AAP
This is the spreadsheet I was referring to in my last post. (pops, 133KB) Updated today, 10/23/2007. Excel 2000.
While all best efforts have been made to ensure accuracy, I can make no guarantees. Feel free to contact me or comment here if you find a problem.
What a completely whacked out day. Don’t even know where to begin, but let’s just say I don’t much like earnings season.
I did spend some time on something actually useful (at least to me) which was to put together an earnings calendar of sorts for the S&P 500 and Nasdaq 100. I couldn’t find anything that suited my needs, which was to be able to look and see when the bulk of earnings were coming out and when the worst of it would be over – on a single page. Well, now I have one. Figure it will take all of 10 minutes a week to keep up to date, and I can see at a glance what weeks I should say to hell with trading. As it stands right now, out of 542 companies between the 2 groups, there are still 310 that haven’t reported yet. Last big day will be 11/8. Then things should be quiet until around 1/15.
Added to:
Gtrades pick
[a] FAST
[c] SGR
Closed:
[b] ICE, +1.85% in/out
[c] CSCO, +2.04%
[b] ALTR -21.56%, held 24 days*
Opened:
2 Gtrades picks
[d] UTX, HAIN (after hours, with limits, it’s all good)
* Horrible. This was a GTrades pick and was hovering around my stop. It also turned up on a 3×2 screen and I figured I’d wait for the 2 up days to sell. Technically I should have sold it at the close yesterday, but it only went green in the last minute of trading and I missed it. Today they tanked their earnings. I could hold on and hope for some recovery, but there comes a time where you must cut your losses…
Seriously, I’m sitting out next earnings season.
ETA: Goddamnit all to hell, I managed to somehow miss the fact that FAST went green 2 days running, and I should have sold at the close. With my luck I’ll have another ALTR on my hands in the morning. Fuck, fuck, fuck.
Month to Date:
My ports: -4.21%
Brokerage: 0.28%
BBE Overall: 58.04%
% of Trading Targets reached: -45.25%
I’m screwed ratio: 5.9 to 14.6
Long to Cash %s: 66.13% to 33.87%
QTD Returns (Annualized) -29.92%
~~~~~
[a] Stockpikr 3×2
[b] GTrades
[c] Short
[d] C/MM
Opened:
GTrades pick
[b] CSCO, SGR
Added to:
AAP Pick
Closed:
[a] MXIM, +1.71%, in/out
[a] ORCL, +1.02%, held 6 days
[a] BRCD, -0.54%, held 4 days
[a] KELYA, -2.61%, held 5 days
~~~~
[a] Stockpikr 3×2
[b] Short
