Archive for: July 2007

July 31, 2007

More Stock and Index Charting

Filed under: Finance,Media - 31 Jul 2007

Marketwatch has a really good article today on charting and the author’s thoughts on whether or not this is a dead cat bounce we’re in now.  He also lists a few stock picks worth checking out.

It appears …

July 30, 2007

Alcoa (AA) Naked Puts, again

Filed under: Finance,Stock Picks - 30 Jul 2007

My last option trade on AA was three July 37.50 naked puts that expired worthless.  Today, I sold two September 35 AA (AAUG) naked puts and received $318.50 after commissions.  AA was trading at 38.11 when my limit order hit, …

Vive Le Tour de France

Filed under: Uncategorized - 30 Jul 2007

I have the need for one more non-financial post about Le Tour de France.  I posted my chart of the Dow earlier for those who need their $ fix.

The media is well known for trying to create a buzz out …

Charting the Dow ($INDU) – 7/27/07

Filed under: Finance,Indices,Stock Charts - 30 Jul 2007

I hope nobody fell into too much of a panic last week.  In my Dow Charting post last week I said I didn’t think the Dow Industrial average would fall more than 500 points in the near term.  It fell …

July 29, 2007

Timing the Markets

Filed under: Finance - 29 Jul 2007

Last week I was reminded of the famous line from the movie Airplane, around the time the shit was literally hitting the fan, Steve McCroskey said “Looks like I picked the wrong day to quit sniffing glue.” I wasn’t reminded because of what looked …

July 27, 2007

Reader Request: ETFC & USB

Filed under: Finance,Stock Picks - 27 Jul 2007

Kadena sent an email to me yesterday asking about E-Trade (ETFC) and US Bancorp (USB) and my short term opinions on them. 

Motley Fool had a bullish article on ETFC yesterday.  Maybe ETFC is just falling …

July 26, 2007

Comcast (CMCSA) Disappoints

Filed under: Finance,Stock Picks - 26 Jul 2007

CMCSA profit increased 28% and earned 19 cents per share.  That was in-line with estimates, but the street was hoping for more.  CMSCA has taken a beating this morning, down nearly 6% at one point.  This might be a short-term …

Le Tour de France, Sans-Maillot Jaune

Filed under: Uncategorized - 26 Jul 2007

I temporarily interupt this investing blog to give my thoughts on Le Tour de France and the doping scandal du jour.  I’ll get a stock pick posted later this morning as usual.

No yellow jersey is being worn today because Michael Rasmussen’s …

July 25, 2007

MON, ADBE & MRO Trend Lines

Filed under: Finance,Stock Picks - 25 Jul 2007

I’m long Monsanto (MON), Adobe (ADBE) and Marathon Oil (MRO) in my IRA and taxable account.  I’ve covered none with a call yet.  I thought all were about to rebound from their trend lines, but looking back I see where I rushed …

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