tag:blogger.com,1999:blog-6969366797834293153.post5545300953910562805..comments2023-10-28T01:56:57.243-07:00Comments on Trading Topics: 5/12/16 Dilma's Done!MarkWhttp://www.blogger.com/profile/10115276845896649502noreply@blogger.comBlogger37125tag:blogger.com,1999:blog-6969366797834293153.post-59847108840500799792016-05-16T16:21:55.877-07:002016-05-16T16:21:55.877-07:00I bought some SAM today at $151.7 I think. It'...I bought some SAM today at $151.7 I think. It's an ok valuation but their earnings have been getting hit by competition in the microbrewery space. The stock is down 55% from peak. I'm thinking they will be able to introduce some new beers and take advantage of their large distribution network. The stock is an attractive acquisition target for larger brewers due to their distribution.<br /><br />They also have a good balance sheet and a CEO that is getting older and may finally be looking to sell out. He's always been against it because it's his baby but a good friend of mine in the beer industry that has gone to events with him said he wouldn't be surprised if he takes the bait (GS and others had been trying to get him to sell out for several years) due to age and the fact that he seems to be more interesting in the drinking side of things than running the biz.Anonymoushttps://www.blogger.com/profile/17281607071690922074noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-52347990255375315302016-05-16T16:17:50.712-07:002016-05-16T16:17:50.712-07:00I bought some FCX today at $11.05 and also sold LA...I bought some FCX today at $11.05 and also sold LABD at a loss at $44.7Anonymoushttps://www.blogger.com/profile/17281607071690922074noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-7657997109845845812016-05-16T16:17:07.660-07:002016-05-16T16:17:07.660-07:00I've been tempted to buy this for sure.I've been tempted to buy this for sure.Anonymoushttps://www.blogger.com/profile/17281607071690922074noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-61570745006220328462016-05-16T13:11:52.430-07:002016-05-16T13:11:52.430-07:00TLT (US treasuries) near its multi-year highs and ...TLT (US treasuries) near its multi-year highs and sharp reversal today. I know I've been looking for rates to normalize for a long time, but TBF could be a good trade here as, realistically, rates can't go much lower. BB Canadahttps://www.blogger.com/profile/04765452269851135232noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-83501129830798079262016-05-16T11:49:32.162-07:002016-05-16T11:49:32.162-07:00Long LABD at 45.1. Sold UGAZ at small loss. Long LABD at 45.1. Sold UGAZ at small loss. Anonymoushttps://www.blogger.com/profile/17281607071690922074noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-9936995936864615012016-05-16T08:06:52.213-07:002016-05-16T08:06:52.213-07:00Grin as Bears Hit
Then again, last Friday may hav...Grin as Bears Hit<br /><br />Then again, last Friday may have marked a bottom and another example of why 2016 has been difficult for short-term traders. All global indexes rallied out of the gate and have yet to look back. I'll take it!<br />2nd_avehttps://www.blogger.com/profile/11891113186978672464noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-2257740516313409132016-05-16T06:54:47.374-07:002016-05-16T06:54:47.374-07:00NSPH finally got bought out.NSPH finally got bought out.MarkWhttps://www.blogger.com/profile/10115276845896649502noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-22858302941733650282016-05-16T06:10:39.876-07:002016-05-16T06:10:39.876-07:00Long ugaz $22.45Long ugaz $22.45Anonymoushttps://www.blogger.com/profile/17281607071690922074noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-19048293763697167092016-05-13T16:23:47.440-07:002016-05-13T16:23:47.440-07:00TRIN and Bear It
Nothing bullish about today'...TRIN and Bear It<br /><br />Nothing bullish about today's selling. The TRIN (http://www.investopedia.com/articles/technical/02/102202.asp) spiked to 2.2, which reflects intense selling pressure. However, a high TRIN reading after an extended decline (as is the case now) can indicate capitulation.<br /><br />We know that markets rarely bottom on a Friday. We also know that intense selling pressure rarely dissipates on a dime. My guess is another -200 points on the DJIA before it reverses next Tuesday.2nd_avehttps://www.blogger.com/profile/11891113186978672464noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-77623121389027819932016-05-13T11:55:38.457-07:002016-05-13T11:55:38.457-07:00Man, I was so wrong not taking profits on UGAZ the...Man, I was so wrong not taking profits on UGAZ the first time it rose above $26. Missed so many opportunities to reload and repeat...Davidhttps://www.blogger.com/profile/01511765703071689959noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-73033430735760341392016-05-13T08:14:19.325-07:002016-05-13T08:14:19.325-07:00Bought tna earlier at 56.8Bought tna earlier at 56.8Anonymoushttps://www.blogger.com/profile/17281607071690922074noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-67758743821546290332016-05-13T08:14:06.744-07:002016-05-13T08:14:06.744-07:00Sold ugaz way too early at breakevenSold ugaz way too early at breakevenAnonymoushttps://www.blogger.com/profile/17281607071690922074noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-40345862234498861842016-05-13T07:47:30.055-07:002016-05-13T07:47:30.055-07:00Sold me Canadian retailer, RET.A. You guys have m...Sold me Canadian retailer, RET.A. You guys have me convinced to stay away. What happens in the US usually happens in Canada a couple years later, so if everyone is moving to the web down there, we will probably see here soon enough.<br /><br />Made about 10% on the stock in 3 months, so worked out well. BB Canadahttps://www.blogger.com/profile/04765452269851135232noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-27514392079914093392016-05-13T06:51:14.153-07:002016-05-13T06:51:14.153-07:00Sold WY. +10%.Sold WY. +10%.MarkWhttps://www.blogger.com/profile/10115276845896649502noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-75282964900487147012016-05-13T06:47:06.414-07:002016-05-13T06:47:06.414-07:00Retail sales: Consumers spending, just not where t...Retail sales: Consumers spending, just not where they used to<br /><br />http://seekingalpha.com/news/3183130-retail-sales-consumers-spending-just-usedBB Canadahttps://www.blogger.com/profile/04765452269851135232noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-89821269755314436782016-05-13T06:44:54.329-07:002016-05-13T06:44:54.329-07:00As traders, we all need to move on in order to mai...As traders, we all need to move on in order to maintain an edge. I'm simply moving on to the strategy I feel will best outperform the majority of traders over the foreseeable future.2nd_avehttps://www.blogger.com/profile/11891113186978672464noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-76168494889127626382016-05-13T05:27:09.789-07:002016-05-13T05:27:09.789-07:00This is still the biggest risk with Amazon
http://...This is still the biggest risk with Amazon<br />http://www.theguardian.com/us-news/2016/may/13/amazon-getting-away-with-on-tax-says-donald-trump?CMP=twt_guAnonymoushttps://www.blogger.com/profile/17281607071690922074noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-76667934489026895132016-05-13T05:03:06.938-07:002016-05-13T05:03:06.938-07:00Added some ugaz at 24.24. Good spot here to manag...Added some ugaz at 24.24. Good spot here to manage risk...low risk stop outAnonymoushttps://www.blogger.com/profile/17281607071690922074noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-38623940925456123192016-05-13T04:43:14.050-07:002016-05-13T04:43:14.050-07:00Man that's crazy. Did you ever attempt to rid...Man that's crazy. Did you ever attempt to ride that thing?Anonymoushttps://www.blogger.com/profile/17281607071690922074noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-73058766545408174322016-05-12T23:07:51.809-07:002016-05-12T23:07:51.809-07:002nd - just curious why the switch to an almost ser...2nd - just curious why the switch to an almost serene outlook on the markets when in years past at lower prices you weren't?Anonymoushttps://www.blogger.com/profile/17281607071690922074noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-3397840969249347282016-05-12T23:06:43.174-07:002016-05-12T23:06:43.174-07:00Why brilliant?Why brilliant?Anonymoushttps://www.blogger.com/profile/17281607071690922074noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-34958913673049755992016-05-12T21:17:53.837-07:002016-05-12T21:17:53.837-07:00Another epic day 17 days later.
https://www.youtu...Another epic day 17 days later.<br /><br />https://www.youtube.com/watch?v=XWYcpfo995YTelestar3dhttps://www.blogger.com/profile/12360818063542717928noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-10163064812660837472016-05-12T21:09:30.098-07:002016-05-12T21:09:30.098-07:00It is drone footage and some slow mo which makes y...It is drone footage and some slow mo which makes you feel like your there.Telestar3dhttps://www.blogger.com/profile/12360818063542717928noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-9575030791178695442016-05-12T21:06:40.040-07:002016-05-12T21:06:40.040-07:00Big Surf
https://www.youtube.com/watch?v=Ok9nPRCJ...Big Surf<br /><br />https://www.youtube.com/watch?v=Ok9nPRCJgp4<br /><br />Surfing Pe'ahi "Jaws" Surf Break Maui Hawaii January 10, 2016 Part 1Telestar3dhttps://www.blogger.com/profile/12360818063542717928noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-989535994752662992016-05-12T20:36:09.249-07:002016-05-12T20:36:09.249-07:00OK, that would shock me....but so did $25.OK, that would shock me....but so did $25.MarkWhttps://www.blogger.com/profile/10115276845896649502noreply@blogger.com