Portfolio down $73.80 – .54% S&P down 2% NASDAQ down 2.26% Interesting stocks to look at: DGX beat expectations,UA beat expectations, NIKE(shoes are the growth theme as seen in UA results)m DTLK,CRDN,FTNT beat numbers and had good volume and $ increase … Continue reading
S&P and NASDAQ down 2%. As you know, the SPY and QQQ and related ETFs start to settle out in last 1/2 hour so HFT takes advantage and magnifies any given direction. So, the Markets cresendos. The Portfolio held up … Continue reading
TUESDAY, OCTOBER 25, 2011 ET Cummins Tumbles After Cutting Outlook By AVI SALZMAN Engine-maker Cummins (CMI) cut its full year sales and earnings outlook on Tuesday, citing macroeconomic uncertainty and the possibility of slower global growth. Specifically, Cummins said that the recent measures … Continue reading
MITK provides imaging technology for mobile being used by banks and now medical. Reported good numbers and is heavily shorted. See Review in SeekingAlpha.com http://seekingalpha.com/article/301448-mitek-systems-the-perfect-storm-in-leading-edge-technology?source=marketwatch BOT to Open 1 MITK Call MITK Apr 21 2012 7.50 Call Limit $5.00
Look what’s up! Gold, bank calls, JNPR calls, and high yield——> what a pattern! Industrials and materials have been strong but not today. Gold has been doing nothing. NLY, high yield, has been up continually. Banks have been going up. … Continue reading
Experience is a good teacher, but she sends in terrific bills– Minna Antrim There sure are a lot of bills: not selling and taking a profit even if small, not buying from fear or lack of understanding, buying or selling based … Continue reading
Why the DD headline? ‘Cause the only stock up in the Portfolio; Portfolio down about $160; Consumer Confidence in October=39%; Europe’s Summit is OVER! No agreement on many issues including Greece’s haircut and Italy’s financial stability. Rumor says: close on … Continue reading
Kass(article on RealMoneyPro.com at thestreet) has been writing about “owning” water all year. Today he re-iterates the buy: Powershares Water Resources [(PHO) down 20.55% YTD according to Yahoo/finance] and Guggenheim S&P Global Water Index ETF [(CGW) down 3.76% YTDaccording to Yahoo/finance] … Continue reading