Man…..
Friday, August 29th, 2008That was not a good week to own puts let me tell you that much....
Archive for August, 2008
Personal Portfolio Play: August 21st, 2008
Thursday, August 21st, 2008Man...I don't know what happened in the market today. With all the negative events happening today, the Dow ended up 12 points? Uh..... Somehow my limit order for Middleby Corportion (MIDD) went through right before the close. I logged back into my Tradeking account after the close and noticed it went ...
Market Recap: August 20th, 2008
Wednesday, August 20th, 2008Man what the hell happened today. All my puts were making money this morning but the DJIA as well as the bulls found some way to end the day in the green. To show how I felt through the day, here is a nice graph describing how it was: Got up ...
Personal Portfolio Play: August 20th, 2008
Wednesday, August 20th, 2008I have been following Cummins International (CMI) since Jim Cramer recommended it on his show a few months back. Got to love the Cramer effect :).... This is why I bought in: We have a converging triangle formation and saw a downside breakdown yesterday. Lets see this company fall. Bought some October ...
Personal Portfolio Plays: August 19th, 2008
Tuesday, August 19th, 2008Purchased Cisco (CSCO) September 23 puts 15 minutes ago. I could of bought at the open and pocketed about 5-10% so far but my alarm clock didn't go off :/ I had a small conversation with one of the other writers here on the site over whether or not to take ...
Marketchasers Podcast
Monday, August 18th, 2008We will be running a podcast here on the site within the next two weeks or so. For those of you who do not know what a podcast is, it is basically a non live radio show where certain topics are addressed and discussed. After it has been uploaded to ...
Short Term Play: Companhia Vale do Rio Doce (RIO)
Sunday, August 17th, 2008I have a potential play that could be made Monday. The company is Companhia Vale do Rio Doce (RIO), a Brazilian mining company. Lets take a look at the charts: In the graph below, we have a three year chart of Companhia Vale do Rio ...
Personal Portfolio Update: August 15th, 2007
Friday, August 15th, 2008Sold off Procter & Gamble (PG) for a 5.32% gain. Purchased Bank of America (BAC) September 30 puts and PNC Financial (PNC) November 60 puts right after the opening bell. Thanks for reading. -Justin Moon, Senior writer for Marketchasers.com
Portfolio Update: August 12th, 2008
Tuesday, August 12th, 2008Since I first started investing in stocks I've wanted to have Schlumberger (SLB) in my portfolio. Schlumberger, an oil services company, is widely diversified and technologically progressive. I've simply been waiting for a decent opportunity to jump in. Consequently, I purchased shares of SLB on Friday morning for $94.50 per ...
Market Midday Overview: August 11th, 2008
Monday, August 11th, 2008Today has been a very mixed day of trading so far with an hour and 15 minutes before the close. Oil drops to the $114's and consequently, we see drillers being absolutely hammered. Look at today's drop to load up on national bank stock puts as they have been performing ...