Barron’s reran a bullish article on AeroVironment, Inc (AVAV) in today’s print edition that they ran last Tuesday online. After the article first came out AVAV got a nice bounce and then settled down by the weekend. I expected it to see a little more upside today after the reprint and that’s what we saw. The story was…
S&P 500 Chart – April 16, 2010
I charted the S&P 500 index ($SPX) after the markets closed on Friday, 4/16/10, when it finished the week at 1,192.13.
Added Short Puts to UCO Position
I mentioned yesterday I was eyeing UCO again since I’m already long 10 puts at the October 12 strike. My driving force behind this whole trade series is that I think oil is probably fairly priced in the $60-80s with the likelihood of a deeper fall fairly remote, especially on a longer term view as…
Options Expiration – April 2010
After operating in a daze the past couple of weeks I happened to notice the date today and saw April options expire tomorrow. That got me to jump. I started looking at each of my expiring options (NDAQ, INTC, T, JPM and UCO) and making decisions on what to do. Here’s how I’ve started and plan…
Sold CSX May Naked Puts
I’m finally back to my desk physically and probably 40% mentally. My vertebrae surgery was a success (or so we think so far), but I had complications the following week and had to go back into the hospital for two extra nights due to some serious swallowing problems. Without going into much of the details…
Communications Firm Hits New High as Investors Pursue Growth
While I’m recovering from my surgery this week I asked a fellow Atlanta blogger to provide a guest post. Zachary D Scheidt, CFA blogs at ZachStocks.com and is the Principal and Chief Investment Officer at Sound Counsel Investment Advisers. With a background managing capital for both individual clients and hedge funds, Zach focuses on new issues…
End of Month Summary – March 2010
March was a great month for me, but based on how well all equity sectors did that didn’t take a lot of brainwork from me so I’ll keep my ego in check. I ended the month with a combined balance of $108,043.97 ($96,935.22 with IB and $11,108.75 with AMTD). This gives me another month of…
2010 Stock Picks Contest – Q1 Review
I’m starting off the 2010 Stock Picks contest better than I did last year. For pretty much all of last year I was in the bottom two places out of our small group of financial bloggers. This year has started out better as I’m in the top third of the group, but with a lot of time remaining. The…
Sold Eli Lilly & Co (LLY) Naked Puts
My allocation towards healthcare stocks has been hurting lately and I haven’t been able to decide in which direction I wanted to go. That changed after I read an article in Barron’s yesterday that listed a handful of dividend paying stocks that have yields greater than their five year debt. Eli Lilly & Co. (LLY)…