some interesting market correlations between Jan'11 and Jan'13 courtesy of zerohedge... http://www.zerohedge.com/news/2013-02-01/its-deja-vu-all-over-again-time-completely-same
Joe Louis Lot if buzz on a housing pullback. You got any ITB thoughts? Thinking about a protective put or selling and getting back in at a dip
Seen several articles like this one: http://www.forbes.com/sites/greatsp...-become-heartbreakers-again/?partner=yahootix
I have a portfolio value of $970,000 in a stock market simulation (down 30k from the start). I have ~9 weeks left. I can also borrow up to around $600,000 paid back with interest. The leader's portfolio value is around $1,180,000 and has only made 6 trades. I have been throwing around $500,000 into different stocks but am struggling to come up with a good strategy to make a big push. Any stock suggestions? I have thought about throwing a large amount into TQQQ and FAS. Can't decide whether to buy or short it.
If you're on the fence about buying and shorting, then it sounds like you think it's going to move, but just not sure where? If that's the case, consider betting on volatility with a straddle option or similar strategy
One of our brokers passed this along. Something to look at. 5 day chart promising http://www.marketwatch.com/investing/stock/mjna
Yes I can. How do you bet on volatility and what is a straddle option? I put 300K into buying TQQQ and 250K into buying FAS, which are triple up or down. TIA Also, if it helps, the simulation we are running is Stocktrak.
My fund has taken a hit for sure, assumed it was just pulling back from a crazy good 2012. Still long housing IMO ...
The 250% up move in the last 2 days Just weird seeing that from a marijuana company. Gonna keep an eye on it. The bullishness makes sense
Yea I just didn't know if any patterns made t come up on his filter or something. Rises that big make me nervous that I'll catch it at the peak.
Another way to get volatility exposure would be to buy a Vix call spread. I think you can get the vix March 20-25 call spread for about .35 cents. If you think volatility is going to pick up in the begining of march after the sequester then this is a pretty cheap bet if you ask me.
I'm about to put a little chunk on Blackberry. Got a pretty good inside tip, and I have a feeling over the next 6 months it could really boom! Sitting at 16.55 at the moment but up 40.01% over the last month. Blackberry 10 has launched in Europe and will becoming to the states in about a month. From everything I have seen this new OS will compete with Android and Iphone. I have a feeling Blackberry will be over 30 by June. Hop on the BB train everyone it's going to be a good one.
Not like a martha stewart tip, just some good info from well educated stock broker. Plus I work in the cellphone industry, so I have been eduacating myself over the last couple of months on the BB10 OS.
The company is thankfully in a solid business and financial position to tackle the opportunities ahead with a solid balance sheet (nearly $3 billion in cash and no debt), strong profitability (RIM’s net income last quarter was $695 million) and substantial international growth (international revenue in Q1 grew 67% over the same quarter last year). In fact, while growth has slowed in the US, RIM still shipped 13.2 million BlackBerry smartphones last quarter (which is about 100 smartphones per minute, 24 hours per day) and RIM is more committed than ever to serving its loyal customers and partners around the world. BB from what I understand is going to make a huge push into India. BB is loved by most Europeans, and as we all know India has a few people living there. With global being a major priority for BB, the US market is just a piece of the overall puzzle. BB had a big following in the US for a few years, so with the new OS launching very soon, they might be able to steal back some of those customers who once had BB back from Android/Apple.
One of the best stock trading tips I've ever read is never to take tips from someone who has "inside info". I'm currently looking at RGR, KORS and DNKN but they are at levels too high for me. MJNA will go on the watch list, the 5 year chart scares me off as does the sudden pop in the stock.
I sold out a couple of weeks ago and made about $250 on each of the three contracts I had. Now wishing I had held onto them.
a good thing to realize here is that BB is very "urban" in Europe for some reason. This means whilst the sales are solid its not the highest quality of sales as its very trendsensitive
how do you figure? do not see this on any time frame unless assumption is made we are forming the head right now (in which case one could have made the same argument several times since 2009, and been wrong each time). just my , but just do not see much to be bearish about from a technical perspective. we might be extremely overbought and experience a pullback / correction short term, but trends are still up. BB might be able to keep current US customers (especially businesses) from leaving, but they are going to have a hard time making a noticeable dent in the market share of Android / Apple. Only people I know still using one are A) over the age of 45 B) have to b/c of work or C) cannot afford an iPhone / one of the better Android phones so they do not really care. Like it or not, consumer sentiment among younger age groups is very, very negative towards BB.
850 can I get an update on PFEs chart? Down pretty much all last week, now up 1% on a losing day for the Dow. Did it purge enough since earnings 1/30? Also noticed the RSI was hovering in the high 60s now down to 55 ...
Joe Louis market risk is high 26.34/27.30 is support/resistance. If it can push through 27.30 on good volume, the 52 week is in play.... But, the chart was setup to move higher last week and failed. So, I expect it to trade down to support area, consolidate between 26.34-26.98, and push higher....
any LVS or MPEL holders out there? Macau is booked for the lunar new year http://www.bloomberg.com/news/2013-02-07/macau-casinos-get-lucky-money-ahead-of-lunar-new-year.html
Keep an eye on LVWD today. I have been getting a lot of spami emails through the night saying its going to break through today. Closed last night at .255
Stocks I wanna jump back in on, DFS & FITB. I don't know what's going on recently but I like the low p/es they've been able to maintain despite their run ups in price. Also MU, semiconductor company that bought out a huge competitor last year, don't know much about them but on a good run, and very well thought of by analysts ...
I guess I need to figure out where to start, what's an up and coming industry/sector and the leaders of it? I'm just way out of touch right now, should probably not daytrade and just spend a couple weeks researching/reading.
Dig in to MU dude they may be turning a corner. Would love you to advise me kinda want to throw some money at air ...
HFC and the refiners finally pulling back. EPS of 2.48 in Q4. Earnings on the 26th. The beat should be laughable...