Wednesday, July 29, 2009
“It takes a while for perception to catch up with reality,” Mr. Hesse said. “There are no quick fixes.”
Monday, July 27, 2009
Sunday, July 26, 2009
Saturday, July 25, 2009
--Dan Fitzpatrick, Source: video: http://www.thestreet.com/video/10552279/top-5-natural-gas-stocks.html#30574093001
First rule of trading: "Don't loose your dough."
July 25, 2009, summary by K.A.W.
- UNG is the biggest ETF in natural gas.
- Oil has had volitility.
- Will see similary action in natural gas.
- Dan Dicker is big bull on natural gas.
- 60% rise by December.
- APA, STO, UNG, CHK, APA, APC.
- Buy, buy, buy.
Wednesday, July 22, 2009
For starters, let’s look at the stock movements of some of the top mortgage lenders. On July 10th 2007, Fannie Mae (FNM â€“ NYSE) closed at $66.49. Today it trades for $34.34, good for a 50% loss.
Full-text: Options Trading: How to leverage market volatility into profits
Full-text: SanDisk Remembers How to Make Profit
iPhones Carry Apple (AAPL 151.51 ↑0.00%) Past Wall Street Estimates; Coca-Cola Beats Estimates of Overseas Sales; CIT (0.87 ↓11.22%) May Still Face Bankruptcy; TARP Czar Calls for Transparency; Caterpillar (CAT 38.89 ↓1.45%) Stock Jumps on Brighter Outlook; BlackRock (BLK 182.72 ↓0.77%) Beats Estimates, State Street Falls Short; Merck Considering Partner For Schering-Plough Consumer Health Operations; Yahoo Sales Down, Profit Up
Tuesday, July 21, 2009
The biblical Ten Commandments were intended to act as a driver's manual for the road of life. "Thou shalt not kill." "Thou shalt not lie." These are life's version of the stop-at-the-red-light-and-advance-when-safe rules of the road. In other words, they are all guidelines to keep people out of trouble. Because life's highways are full of potholes, blind turns and bad drivers, the investing world also suffers from scandals, scams and dishonest companies. Here are 10 commandments for the investing world designed to help keep investors - and their money - safe:
1. Thou shalt set clear goals.
2. Thou shalt put thy financial house in order.
3. Thou shalt question authority.
4. Thou shalt not follow sheep.
5. Thou shalt be humble.
Full-text: The 10 Commandments Of Investing
Sunday, July 19, 2009
Saturday, July 18, 2009
1. Never, Ever, Ever, Under Any Circumstance, Add to a Losing Position... not ever, not never! Adding to losing positions is trading's carcinogen; it is trading's driving while intoxicated. It will lead to ruin. Count on it!
2. Trade Like a Wizened Mercenary Soldier: We must fight on the winning side, not on the side we may believe to be correct economically.
3. Mental Capital Trumps Real Capital: Capital comes in two types, mental and real, and the former is far more valuable than the latter. Holding losing positions costs measurable real capital, but it costs immeasurable mental capital.
--Andy Kessler, Just One Thing.
Friday, July 17, 2009
- Fact #1: The human body doesn't care if it's a BIG stress or a little one.
- Fact #2: Understanding basic physiology brings new awareness you can use to reduce stress.
- Fact #3: Choosing the right hormones maximizes performance.
- Fact #4: Your brain and heart work best when there is synchronization between all systems. This is called coherence.
- Emotional Management Maximizes Traders' Health and Performance
- Becoming coherent by shifting the emotion you're in creates an attitude shift, resulting in greater perceptual and mental clarity. Great athletes do it all the time (think Tiger Woods).
Full-text: 4 Strategies for Managing Trader Stress
- Denial keeps us stuck in doing a negative event over and over again regardless of the outcome.
- Be on guard for denial.
- Denial rarely just goes away without being proactive and taking conscious action to intervene.
- You must learn to deal with reality and get a better result!
Want to Become a Winning Trader? Avoid Doing This…
- As traders who buy the selling and sell the buying, we see the current strength in the stock market as an opportunity to ring the register, rather than to become over-eager about initiating new trades.
- In fact, believe it or not, but PowerRatings traders are more likely to spend their time analyzing potential short candidates trading below their 200-day moving averages than they are to look for instances to chase runaway, overbought markets trading above their 200-day moving average.
- But what moments like this really mean for PowerRatings traders – beyond taking profits in high PowerRatings stocks that were purchased on pullback – is patience.
- These are the classic symptoms of overtrading and while overtrading can get any trader into trouble, overtrading is a particular bane of high probability traders – in large part because high probability requires patience in order to work Patience may not be fun, but it is a key to profits where high probability trading is concerned.
Full-text here: PowerRatings Profit-Taking and Patience
Thursday, July 16, 2009
7/14/2009 BOUGHT 100 SHARES OF CHK AT $18.4398
7/14/2009 BOUGHT 20 SHARES OF GS AT $149.34
7/14/2009 BOUGHT 100 SHARES OF INTC AT $16.709
7/13/2009 BOUGHT 12 SHARES OF POT AT $83.27
What I Sold When:
7/15/2009 SOLD 100 SHARES OF CHK AT $19.1202
7/15/2009 SOLD 20 SHARES OF GS AT $151.71
7/15/2009 SOLD 100 SHARES OF INTC AT $18.031
7/15/2009 SOLD 12 SHARES OF POT AT $86.10
$281.6 - $56.21 (fees) =
$225.39 Total Profit from 2 days of trading.
Not bad for two days worth of risk taking. To be honest, this happened on giant overall jump in the stock market on July 14-15. A lot of people did good on these two days. Still, not bad. --kw
Tuesday, July 14, 2009
How would you have fared if you had bought all of the Fast Money recommendations on July 14, 2009 for a one day return? Just curious. Here are the results:
ABT was up .74%
PDE was up 4.32%
V as down .1%
PKX was up 3.45% (but it was called as a short, not a long, so we will count this recommendation as a negative 3.45% because of earnings missed)
EXM was up 20.68
What is the average for all the recommendations on a one day return, just for the fun of it? Answer: Up 4.458% on average.
If you are a swing or day trader, what if you had traded on Jim Cramer's recommendations on July 13. Here is what would have happened in one day. Of course, these results depend on many, many, many variables one of which is the trading climate. Check out these recommendations and their one day results:
AWI was up 2.93% in one day
OC was up 8.99% in one day
KALU was down 1.2% in one day
USG was up 5.56% in one day
GRA was up 4.34% in one day
An average gain of 4.124% in one day! Not bad for one day's work. Maybe we'll do this again here at Best Stocks to Trade. Check back in!
USU up 16.73% Since Tim Seymour's Recommendation on Fast Money CNBC - Rising Star Stock Pick, July 14, 2009, 12:42 PM CT
"It’s the only American company in the space, explains Tim Seymour. And it has the backing of the US government. Also, valuations look cheap and from a technical perspective it’s behaving well." Full-text: http://www.cnbc.com/id/31893637
Monday, July 13, 2009
As a group, small-company stocks are providing just-OK returns this year. Those in the S&P SmallCap 600 index are up an average of 4.7%, vs. 4% for larger companies in the S&P 500 index.
But a handful of small companies are producing huge gains. That’s usually the case with small companies, since their returns tend to have what statisticians call a high standard deviation — a broad scattering — compared with large companies. Consider that 24 companies in the SmallCap 600 index have doubled their stock prices this year, compared with only five large companies in the 500 index. The top-gaining small company, retailer SteinMart (SMRT: 9.15, +0.17, +1.89%), is up nearly eightfold in price, while the winner among large companies, XL Capital (XL: 11.93, +0.88, +7.96%), has merely tripled.
Saturday, July 11, 2009
What's the trade? http://www.cnbc.com/id/31850032
Guy Adami suggests long Dell [DEL]
Karen Finerman prefers long Flowserve [FLS]
Joe Terranova thinks Qualcomm [QCOM]