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TXN Runs Up Afterhours

It looks like my Q puts and shorts are going to go through some pain at 9:30, however, I won’t fret as it will likely be the ole pop and drop type opening. Why you ask?
Consumer Confidence and Existing Home Sales will be the double whammy release at 10 am.
Look for me to add to [...]



What Worked Today 3132007

Being short.
I’ve been pounding the table about being short. I sold my QID position today. That might have been a mistake as I think the morning will drop as well. I want to own it again at the close this Friday. Quadruple witching can really cause some swings, so watch for this to snapback albeit [...]

Sold NXG

I don’t like the way gold is acting. Took a 4% loss on the position. Still own BWLRF.

What Sucked Today 322007

Being Long. Took a 3% loss in the funds, but the good news is that I was short for the big drop on 2-27-07. I know some people out there are in alot more pain than I am, but it does feel good that I’m not as badly beat up. Flipped the losing fund trade [...]

What Worked Today 2242007

Not much, but here goes.
BRKR rose some more that was nice.
TLG (A yearly hold) was up 3% and the weekly chart turned on that stock. First time since it hit the market. Now that my yearly holdings are near flat for the year, TLG can go up to make this thing profitable. I have every [...]

Some Commentary On NXG

Brian over at Alphatrends.blogspot.com, posted some commentary on one of my holdings: NXG. I like NXG best of any gold stock I’ve traded. Its one of the top stocks on the Greenblatt filter over at MSN.
We are no longer in GSS. However, GSS recently dropped as low as 3.43 and closed up to 3.6 today. [...]

Portfolio Update January 2007

Still have not touched the yearly portfolio. RDNT has been rocking and the best performer in the group. The portfolio is still down for the year, but expecting nice things into Spring.
Spec buys: BPA, ONT, GTW, and TGB. As well as the YHOO Feb 30 calls which are currently down a little bit. Small call [...]

Picked Up Some NUEEEEEEEEEEEEEE

Thats supposed to be a MOOOOOOOOOOO sound, but for NUE. Nucor steel. Picked up some calls in NUE at the close. I should’ve bought them earlier in the day. Steel was strong all day as was metals in general. Look at NXG!
I wanted in on MT, but I’ll wait for a pullback in that one. [...]

Made Some Trades

The IRA
Sold URME from my IRA for a 14% gain, sold RDNT from my IRA for a 43% gain (still own it in the year end portfolio), sold TMED in my IRA for a -6-7% loss, and sold PMTR in my IRA for a -5% loss. I freed up some cash to buy GTW, Gateway [...]

Looking To Add To My NXG Position Before Fed Speaks

Just looking to buy some more NXG before the fed meeting.

Opened Another Portfolio

The 2nd portfolio consists of these stocks so far:
NWD
VPHM
NXG
UCTT
MRVL
I’m looking at adding GGG, BWLRF, UVIH, NOK, PALM, amongst others.

Gold Breakout? Other Stock Comments

Two stocks that look good to me in the mining/gold sector are AUY and NXG. I bought some NXG today.
I like ADM on any weakness over the next few weeks.
QCOM still looks good.
ROST looks good intermediate to long term.
AMGN looks attractive.

  
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