Archive for: August 2007

August 31, 2007

Sold PCU Naked Put

Filed under: Finance, Stock Picks - 31 Aug 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 …

More on this topic (What's this?)
Follow-Through Friday?
Why Copper Makes Cents (PCU)
Ten Grand Chicago Portfolio
PCU Gaps Up Early
Read more on Southern Copper at Wikinvest

August 30, 2007

Sold 2 JOYG Naked Puts

Filed under: Finance, Stock Picks - 30 Aug 2007

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 …

Lottery Winner – Paying for Comments

Filed under: Uncategorized - 30 Aug 2007

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 …

August 29, 2007

A Risky Ride

Filed under: Beginners, Finance - 29 Aug 2007

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, …

More on this topic (What's this?)
Bond Building Blocks
IS IT TIME TO GET OUT OF BONDS?
Patience
Read more on Bond Investing at Wikinvest

August 28, 2007

Greek Fires – Update

Filed under: Uncategorized - 28 Aug 2007

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 …

More on this topic (What's this?) Read more on Investing in Greece at Wikinvest

Chattem (CHTT) Could Heal the Ache

Filed under: Finance, Stock Picks - 28 Aug 2007

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 …

August 27, 2007

Fires in Greece Destroy My Cousins’ House

Filed under: Uncategorized - 27 Aug 2007

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 …

More on this topic (What's this?) Read more on Investing in Greece at Wikinvest

Charting the Dow Jones Industrial Average ($INDU)

Filed under: Finance, Indices, Stock Charts - 27 Aug 2007

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 …

More on this topic (What's this?)
The Secret Life of the CNBC Dow Graphic
The Market is "An Ass"
Breaking the Dow's Fall
Read more on Dow Jones Industrial Average (DJI) at Wikinvest

August 24, 2007

AMZN Stock Chart Analysis

Filed under: Finance, Stock Charts, Stock Picks - 24 Aug 2007

Motley Fool had a few articles debating the bull/bear case for Amazon (AMZN) yesterday, so I’ll leave that duel to them as I focus on the stock’s chart.  A few years ago when AMZN first …

More on this topic (What's this?)
Free Book!
Is Amazon a Short?
Read more on Amazon.com at Wikinvest
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