Tag Archive for 'V'

Waiting for (un)employment

Published on February 3, 2010, 11:43 pm in Daily and Trading. 0 Comments Tags: , , , .

Didn’t trade much today…I was out of the office until mid-afternoon. I did get stopped out of some QQQQ calls I had entered on Monday, for a smaller profit than anticipated. Actually I just got my commisions paid. :oops:

The markets ended stronger than it looked at lunch time….I did catch some updates on my Blackberry smartphone. I do have the capability to trade off my phone, but I haven’t excersized that option…yet.

I updated to the latest version of TradeStation to get ready for the change in options nomenclature next week, Friday, February 12, 2010, the first part of the Options Symbology Initiative. The biggest difference I’ve noticed so far is slower reaction time, but I guess they haven’t started using the new symbols. I hope their programmers are looking into that speed thing!

I’ve also downloaded the latest version of StockFinder from Worden. Looks interesting but I need to learn another program language. It sure would be nice if there was a universal trading program language. Then I could concentrate on the charts and indicators rather than how to program the damn things. :twisted:

Tomorrow Initial Claims will lead the way. We’ll also have to watch CSCO and V to see if their good reports this evening will follow thru…as well as all the Thursday reports. And don’t forget Friday for what turns out to be our “monthly curse” the NonFarm Payrolls and Unemployment Rate reports. Ugh!

Happy Trading!

Follow-Thru

Published on February 2, 2010, 11:47 pm in Daily and Trading. 0 Comments Tags: , , , , .

Haven’t see one of those to the upside for a while….and volume was a bit stronger also. The markets had a lot to be happy about…great earnings reports and great car sales, except for Toyota of course. Even home sales ticked higher, but that’s probably a crock of $h!t.

Tomorrow has the potential for more good reports from IP V AMP CSCO among others and also the ADP employment report, the preview report for the governments report on Friday.

News is Good Again for Stocks, for Now.

Up-Down-Up

Published on July 30, 2008, 9:55 pm in Daily and Trading. 0 Comments Tags: , , , , , , , , .

That was some midday swoon, but the bulls came back in style. The conundrum is why did the market go up when oil was making such a big up move also? I guess we’ll see tomorrow.S&P Jul 30 08

Lots of good earnings after the market closed: FSLR, CLF, SYMC, V, while SBUX…well just sux’d. Surprise surprise, people don’t want $5 cups of coffee anymore. If the morning earnings continue like this and the initial unemployment claims come inline, we should continue our upward move….a lot of ifs.

I got a chart of the S&P showing how this is the 2nd time in a week that we have reached the 34ema. The first time we were turned back. Tomorrow we’ll get the answer for the 2nd try….and maybe we’ll go for the 50sma, say another 20 – 25 points in the S&P :-)