Two Economic Reports in a row. May 30 Wed. FOMC, minutes. ( usually Ben helps market, but I’m still wary.) Then the next day, THURS, May 31,is the GDP, report at 0.8% estimate. That’s so bad, I can’t even put that into words. So, I think I will get out of my longs, just in case...I have shorts in previous two posts, for any like minded thinkers.
Zee...
FRI., JUNE 1 , the employment report, ISM, these two reports ( even though they are very good), might get ignored, if previous two days, still have legs.
If you are a begining trader, and would like to start off on your own someday, Learn to trade DBC, The exchange traded fund is based on the Deutsche Bank Liquid Commodity Index, which consists of 35% crude oil, 20% heating oil,12.5% aluminum, 11.25 each for corn and wheat, and 10% Gold.
Learn every condition and news source that affects it’s prices. Learn to associate DBC price to the stocks in each of these sectors. You won’t make a lot of money, but at the same time if you lose money trading DBC, if you do lose money, then you need to spend more time at the grocery store...spend at least $1.70 for any option you pick, at $1.70 that will be the proper DBC strike contract.TIME wise stay 2 weeks to 6 weeks out , before option contract expires...
AFTER two years of intensely trading / studying, gathering news links, for this sector, I guarentee you, that you will become a seasoned pro, and along with the observations in this blog, you will retire early. I hope you have been saving every blog onto CDR....or at least into WORD, and save comment section too. I give lots of techniques in the comments section as well..It’s ( This Blog) a trading book you know...That shows how to become 98% accurate...
here’s the link, to DBC chart...
http://stockcharts.com/charts/gallery.html?DBC
zee
Alog. MAY26 07/08 eps = 0.83/1.11 ... APRIL 19 57/1.59 .Feb 9 ...0.57/1.59 DEC 15 1.30/1.80 NOV 19 .1.41/1.70....OCT 19.. 1.47/1.76..
In october ALOG could only manage $60 high and it had eps of $1.47....now here we are in LATE MAY and ALOG is back to JAN 06 high, with less EPS at 0.83. This stock is finished...Short at the $66 level...and the Earnings report June 6th, look for $10 drop...
I have another, tool for success, and most people are either scared to death, ( scared to death, is for loser’s and only makes your world colder. Anytime you are given an opportunity, to make your world warmer, you must overcome your apprehensions and engage. Z-ism)..or some folks, just plain stuck in the 19th century.
YOU MUST, get a Yahoo Instant Messenger account. Once you have done this, Send me an invite at holobots4@yahoo.com >>> I will conference you in and you will have live access to many other Stock Trader’s advice, on any pick, and know one laughs at any idea.
Zee...
FRI., JUNE 1 , the employment report, ISM, these two reports ( even though they are very good), might get ignored, if previous two days, still have legs.
If you are a begining trader, and would like to start off on your own someday, Learn to trade DBC, The exchange traded fund is based on the Deutsche Bank Liquid Commodity Index, which consists of 35% crude oil, 20% heating oil,12.5% aluminum, 11.25 each for corn and wheat, and 10% Gold.
Learn every condition and news source that affects it’s prices. Learn to associate DBC price to the stocks in each of these sectors. You won’t make a lot of money, but at the same time if you lose money trading DBC, if you do lose money, then you need to spend more time at the grocery store...spend at least $1.70 for any option you pick, at $1.70 that will be the proper DBC strike contract.TIME wise stay 2 weeks to 6 weeks out , before option contract expires...
AFTER two years of intensely trading / studying, gathering news links, for this sector, I guarentee you, that you will become a seasoned pro, and along with the observations in this blog, you will retire early. I hope you have been saving every blog onto CDR....or at least into WORD, and save comment section too. I give lots of techniques in the comments section as well..It’s ( This Blog) a trading book you know...That shows how to become 98% accurate...
here’s the link, to DBC chart...
http://stockcharts.com/charts/gallery.html?DBC
zee
Alog. MAY26 07/08 eps = 0.83/1.11 ... APRIL 19 57/1.59 .Feb 9 ...0.57/1.59 DEC 15 1.30/1.80 NOV 19 .1.41/1.70....OCT 19.. 1.47/1.76..
In october ALOG could only manage $60 high and it had eps of $1.47....now here we are in LATE MAY and ALOG is back to JAN 06 high, with less EPS at 0.83. This stock is finished...Short at the $66 level...and the Earnings report June 6th, look for $10 drop...
I have another, tool for success, and most people are either scared to death, ( scared to death, is for loser’s and only makes your world colder. Anytime you are given an opportunity, to make your world warmer, you must overcome your apprehensions and engage. Z-ism)..or some folks, just plain stuck in the 19th century.
YOU MUST, get a Yahoo Instant Messenger account. Once you have done this, Send me an invite at holobots4@yahoo.com >>> I will conference you in and you will have live access to many other Stock Trader’s advice, on any pick, and know one laughs at any idea.
CREE EPS DISASTER...Clearly I can see on the weekly chart that CREE completely fails at the 200 day =23.4.
I’m not even waiting for 200 day, im shorting now, and if CREE reach above $23 I’m backing in the truck, and really loading up on shorts...June of 06 CREE was making a dollar + per share now 07 = 0.33, and 08 = 0.44. The june 22.5 put is a buck, I know how to play that, but there’s risk...so I’m advising, that you go for the June 25 put. CREE at 22.25 the JUNE 25 put is 2.90, so the put is within 15 cent of actual stock price, which is delta 95. doesn’t get any better than that...downside, i don’t see any other than entry is now, or at 200 day = 23 or so..
APOL keeps failing at $49 (glass ceiling)..APOL is working with 10% less EPS from last Oct. 2.91. now its 2.41/2.61...SO it’s impossible to reach $53, the last high in 2006.,
so I give this a chance to work as a short 80/20, Gap at 44 needs to be retested. The june 55 put runs at +50 the stock price 6.50/6.70 which gives delta 85 not a bad delta...june 50 put is 2.10 , but if i see 1.40, i’ll try a couple of contracts , before my blog, i posted at TK’s buy at 33.5, which turned out good.
DRIV i see around 48 im in...isee JUNE 50 around $1.10 or lower, i mught ty that.
Or the July 50 at around 1.60 / 1.90 i’m in or June 45 at under $4.00 i’m in...EPS is trending higher since 2006, that’s a long time for EPS to constantly be raised 1 or 2 cent each month..
Zee...don’t worry i will posting charts this weekend, as i find, stuff...MGPI is a BUY now...ethanol..( i have MGPI lumped into ethanol.sector...)..
other alternative energy stocks
Alternative energy stocks are your next MSFT and YAHOO and GOOGLE. You wouldn’t want to miss the next gap ups and 2 for one splits in this group. AND this feild, will be attracting all the smartest guys in the room, the next time, the US loses another whole entire CITY, to climate change.
ACPW,ADES,ADM,AFX,AG,AMCS,AMD,ANDE,APA,APC,APD,ASTI,AVR,BEZ,BG,BWA,CAG,CAP,CBE,CHK,CLRK,CMH,CPST,CREE,CSIQ,CY,DE,DLYT,DSTI,EEE,EMR,ENER,EOG,ESLR,FCS,FPL,FLR,FSLR,FSYS,FTEK,FWLT,GE,GLW,HW,HXL,IFS,IFUE,INTC,IPSU,IRF,ITC,ITRI,JASO,JCI,LLCT,MDR,MGPI,MHTX,MON,MXWL,OIIM,OMG,OMNN,ORA,PBW,PEC,PEIX,POT,POWI,PWER,PWR,PX,ROK,SPW,SPWR,SOLF,STMT,STP,SUF,TSL,ULBI,UQM,URS,UTX,VSE,VSPC,WBRS,WFR,WHR,XTO,ZOLT
CANT FIND symbol / chart..for...Alternative Fuel Systems (AFX), Cataytica Technologies (CMH), DAIS Analytic (DLYT), Linear Technology (LLCT), ON Semiconductor (OMNN), Starmet Coporation (STMT),
No comments:
Post a Comment