Archive for May, 2008

S&P +0.15%, Quiet day

Saturday, May 31st, 2008

Well, quiet as far as I know – spent all day yesterday working on a paper.

Month to Date:
My ports: 2.85%
Brokerage: 2.69%
BBE Overall: 2.79%
S&P 1.51%
% of Trading Targets reached: 89.08%
I’m screwed ratio: 0.9 to 48.8
Long to Cash %s: 68.01% to 31.99%

Oil Settles under $127

Thursday, May 29th, 2008

Another really good day – maybe oil has seen it’s heyday??  Governmental inquiries tend to kill prices…

Closed:
MR, +3.32%, held overnight (GTrades)
CPRT, +3.17%, in/out (GTrades)

Month to Date:
My ports: 2.78%
Brokerage: 2.10%
BBE Overall: 2.55%
S&P 1.26%
% of Trading Targets reached: 81.26%
I’m screwed ratio: 0.9 to 48.8
Long to Cash %s: 69.24% to 30.76%

S&P +.52%, not so horrible durable goods numbers

Wednesday, May 28th, 2008

Not too bad a day by any means.

Opened:
2 GTrades picks

Closed:
APOL, +1.14%, held 6 days (3×2)
FWLT, +1.39%, in/out (3×2)

Month to Date:
My ports: 2.48%
Brokerage: 1.81%
BBE Overall: 2.25%
S&P 0.82%
% of Trading Targets reached: 64.83%
I’m screwed ratio: 1.0 to 48.8
Long to Cash %s: 74.97% to 25.03%

S&P +0.68% – Oil backs off

Tuesday, May 27th, 2008

Pretty quiet day overall.

Closed:
FCX, +1.34%, in/out (3×2)
PCU, -10.53%, stopped out, held 29 days (GTrades)

Month to Date:
My ports: 1.77%
Brokerage: 1.21%
BBE Overall: 1.58%
S&P 0.29%
% of Trading Targets reached: 45.61%
I’m screwed ratio: 1.0 to 48.8
Long to Cash %s: 69.86% to 30.14%

S&P -1.32% – Long weekend slump?

Saturday, May 24th, 2008

Seriously, is this sell in May and go away?? I’d like to think we’re setting up for a nice rally next week.

Honestly, I am in no mood for a repeat of last summer, thankyouverymuch.

Nothing closed, opened 1 GTrades pick.

Month to Date:
My ports: 1.24%
Brokerage: 1.28%
BBE Overall: 1.25%
S&P -0.45%
% of Trading Targets reached: 38.83%
I’m screwed ratio: 1.0 to 48.8
Long to Cash %s: 74.87% to 25.13%

S&P + 0.26% – Oil backs down

Thursday, May 22nd, 2008

And a surprising jobs report. Made up a little of the past two days carnage.

Opened:
Added to APOL (3×2) and existing GTrades position

Closed:
RYAAY, +3.57%, in/out (3×2)

Month to Date:
My ports: 1.82%
Brokerage: 2.35%
BBE Overall: 2.00%
S&P 0.90%
% of Trading Targets reached: 63.40%
I’m screwed ratio: 0.9 to 48.8
Long to Cash %s: 73.17% to 26.83%

S&P -1.6%- Oil + FOMC Minutes = Look out below!

Wednesday, May 21st, 2008

Today was basically craptacular. Not much else to say.

Closed:
ESRX, +1.39%, held overnight

Opened:
APOL (3×2)

Month to Date:
My ports: 1.49%
Brokerage: 2.15%
BBE Overall: 1.71%
S&P 0.89%
% of Trading Targets reached: 54.20%
I’m screwed ratio: 0.9 to 48.8
Long to Cash %s: 69.89% to 30.11%

S&P -0.72%…Crude $129+

Tuesday, May 20th, 2008

Sorry for no update yesterday – just flat out got distracted and forgot to post.

Yesterday, sold NOK for a 2.35% gain, held 8 days, opened a GTrades pick

Today:
Opened:
GTrades pick
ESRX (3×2)

Month to Date:
My ports: 2.97%
Brokerage: 3.58%
BBE Overall: 3.18%
S&P 2.63%
% of Trading Targets reached: 104.88%
I’m screwed ratio: 0.8 to 48.8
Long to Cash %s: 70.35% to 29.65%

CNBC Challenge Ports

Sunday, May 18th, 2008

Click on the link in the sidebar. —>>

Will keep it up to date at least weekly.

S&P +0.12% – Happy Friday

Friday, May 16th, 2008

Actually, I have no idea what went on the markets today – I basically took the day off!

Anyone trying to get into the CNBC port challenge in the last 30 minutes of trading today was treated to a runtime error.  Nice work there, guys.

Closed:
QCOM, +6.24%, held 16 days (GTrades)

Opened:
GTrades pick

Month to Date:
My ports: 3.14%
Brokerage: 4.19%
BBE Overall: 2.32%
S&P 3.18%
% of Trading Targets reached: 120.94%
I’m screwed ratio: 0.8 to 48.8
Long to Cash %s: 49.85% to 50.15%