20% of the S&P 500 Gained 3%+ Today08/28/08
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Since my watch lists are so empty of big gainers I was curious to see what exactly is driving the indexes up today. Since the S&P 500 is the broader index (over Dow Jones 30) that I focus on, here is a list of all the stocks with a >3% return from highest to lowest (104 names). I like to use...
RIMMAAPLBack to the Top of Our Range - and Cutting another Swath of Lennar (LEN)08/28/08
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The S&P 500, and market, is quite frankly trying to drive as many people batty as possible. With light volume it is relatively easy for large money to move things around and with month end the "theory" (who knows what is really happening) is people can "mark up" stocks temporarily so they can sh...
GILDAMLNBookkeeping: Closing Amylin Pharmaceuticals (AMLN)08/28/08
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Every so often, maybe once every 3 years, I need to be reminded why I have a rule to not buy individual biotech stocks. I remember now. This is the sector where people with a full time staff of analysts devoted to this 1 niche get regularly blown up.So aside from victories you get to see bad decis...
TIEBullish Action in Titanium Metals (TIE)08/28/08
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On of our old holdings is making a serious move the past few days, on major volume. Someone knows something. It appears. This group has been moribund for ages.[Oct 12, 07: Closing Titanium Metals][Sep 27, 07: Titanium Supplies Will be Tight through 2010]No position
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CMEDBookkeeping: Increasing China Medical (CMED)08/28/08
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We are going to give China Medical (CMED) another try on the long side. Volume is non existent in this market so it is impossible to trust any moves, but this stock was absolutely hammered once they did their convertible announcement [Aug 12: China Medical Announces Convertible Debt Offering] and no...
I have been in the market in some form since being a teenager, first with mutual funds, than onto to
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I have been in the market in some form since being a teenager, first with mutual funds, than onto to stocks. Now it is 20 years later. It has been a passion of mine, and as any investor, I've had my ups, downs, and tuition extracted from learning the ins and outs. "If I only knew then..." and I continue to learn each day. I have a BA in economics from the University of Michigan (Go Blue!), and work in finance (not related to Wall St). Obviously my goal is to work in investment management, so that I don't need to "work" another day of my life.
I have been in the market in some form since being a teenager, first with mutual funds, than onto to
