Despite another big rally Monday, leaders continue to fall by the wayside. This morning it is UPS. Despite $70 oil and rising rates, this stock held strong, UNTIL this morning. They missed. I have been short for a week and it is being hammered this morning – losing $9 billion in market cap . I …
From: July 2006
Paired Trades Update
I think it is already over. I win! :) I have Apple up 20 percent after earnings last week and after the close today, Netflix (my short) – was blown to smithereens, down 20 percent plus after announcing that “we have nothing but a cool name and slick envellopes.” (they did not say that, but …
Quicken – Money is pouring InTuIt!
Hey, its late. Sorry for the lame headline. I was scanning the new high list after today’s rally and a lot of nothing was showing up, except Intuit . Rather amazing and considering the weakness in software and technology. I use quicken, have been for years but I have not kept up to date on …
Is the net "Boring" or just becoming like the movies – COPYCAT CRAP!
Mark Cuban is asking the blogosphere how to get more butts in seats at movie theaters without spending gobs of cash on marketing. I read about it in The Blogging Times and read a detailed post on a possible solution over at Chartreuse . Sorry Char! I say: 1. Better popcorn 2. A Taser to …
Stock Trends – ANY LEFT?
I was looking through my posts since the market topped in May and I have been consistently cautious on global markets. Today, I find few bastions of strength save the drug stocks and select utilities. Not a great reason to be long or on margin at this point. I have added some traders to my …
Visitor's day at White Pine
It was the longest period we have been separated from our daughter Rachel but she is handling camp perfectly. No summer camp does it better than White Pine. Fifty years strong and not an unhappy kid in the camp of 400 plus campers. For you old people,you may remember White Pine from the “great” movie …
Dell – My Last 2 Cents – I MEAN IT THIS TIME!
If Dell focuses on THIS strategy, I think they make a turnaround. This is classic YouTube I like reading Bill Cara for many reasons. Today it was for his take on Dell. Bill offers such a different opinion than me on Dell, but a relevant one based on a strategy that he follows – with …
Paired Trades are in…
Some good entries in the paired trade contest. I would like to see a few more and so feel free to add yours here and I will figure out a fair start date for pricing. I am very grateful for all the new readers, kind comments and conversation that is starting to happen on the …
Dell – my last 2 cents
In January I though the trend pointed to Dell being a teenager and a few weeks ago I thought it may be headed to single digits . What is my last take: Don’t buy it! Don’t nibble! Don’t read anything about it. Don’t read their blog. God willing you won’t need to call them anytime …
Financial(market) bloggers UNITE!
First off – My all carb all the time Toronto diet is a HUGE success. I have gained 10 pounds in 21 days – WITHOUT McDonalds! I feel like crap and my joints hurt. My hair (except that in my ear and nose) seems to be falling out faster. Cool. Three more weeks and I …