Archive for: August 2007

I’ve traded options on Southern Copper Corp (PCU) a couple of other times this year and even owned it for a little while before it was assigned from my covered calls.  I got out when it was in the 80s …

Investors didn’t seem too happy with Joy Global (JOYG) after earnings, but that was short lived as JOYG started its comeback the next day and continued it today.  I took the opportunity to sell a couple of October 40 naked …

The Mega Millions lottery is up to an estimated $325 million dollars for Friday night’s drawing.  I’ve bought my tickets and if I win, I’ll pay $1,000 for each person who leaves a comment to this post or another of …

I’m working from home today and was watching Power Lunch on CNBC while I ran on the treadmill.  They mentioned how the bond yield has come down recently.  It made me think about the post I wrote two and a half months ago, …

I heard good news this afternoon about my family in Greece.  The village where my grandfather was born and where I still have second cousins living, Vounargo (Βούναργο), is not burned.  The area all around it appears to be destroyed …

Barron’s August 27, 2007 issue had a bullish write up on Chattem (CHTT).  It got the typical Monday bounce from the article, but is down today back to where it closed on Friday.  Michael Santoli makes a good case for …

This has nothing to do with my normal blog topic, but thought it was worth sharing.  I found this picture in Yahoo! News.  It is a satelite view of the fires in the Peloponnese and was taken on August 26th, yesterday. 

The …

Last week closed at the high end of its weekly range.  That’s typically a bullish sign for a chart, but this morning futures are a little bit down.  We’re starting to learn that the direction for the morning doesn’t mean …