Posts Tagged ‘Market Comments’
Posted by StockRake on November 28, 2007 in Market Comments, Stock Comments
Bears Getting Roasted Today
Markets are screaming higher today. SPLS – Staples is up another 5.4% today based on Goldman Sachs upgrade raising them to the top of their retail buy list. Thats 22% in two trading days off the bottom. I hate being early. SNDK – Breaking a downward trendline today and the buy signal went on a …
Posted by StockRake on November 8, 2007 in Market Comments
When Jay-Z and Giselle Start Giving You Currency Advice, Sell!
This Jay-Z/Giselle weak dollar story is sure getting a ton of play. Don’t know about it? Supermodel Giselle demands to be paid in Euros from now on. Jay-Z flashing 500 Euro Bills in his new video instead of dollars. Famous quote from Joe Kennedy, “When the shoe shine boy is giving you tips, sell!” Well …
Posted by StockRake on November 1, 2007 in Market Comments, Trades
Sold ORCH, CBST, BQI, JAVA
We were talking about BQI yesterday, but I decided to toss it near the open on the gap up. I don’t trust the move in oil and I think its going to come down hard. Something irrational is going on there much like the irrational down move thats happening this morning. We’ll see how it …
Posted by StockRake on October 31, 2007 in Market Comments
COMPX Breakout and My Day With American Express
COMPX Break out. Do you believe???? AXP – American Express intraday 15min chart:
Bought AXP American Express With Putzy Timing
I bought some Nov AXP 62.5 calls. The problem was I bought them like 2 minutes before the Fed announcement. So I bought in for 1.15 and they dropped to .65 soon after. I then reloaded and doubled up my position when AXP started moving higher. I got the second purchase at .80. I’m not …
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