Posts tagged today

Why if you listened to my position on UltraShort MSCI Emerging Mrkts ProShares (EEV) You Made 40%+ today

Why if you Listened to me on EEV, you made money

If you did win with this trade today, my humble advice to you is to take the trade.

You got a 40% gain off my advice today, I fully expect a sell off day by close of thursday, as such, I am reversing my position on this stock.

Pick a airline thats up over 6% today and short it

Oil has been volitile in this range for a week or so, expect a rebound tommrow, if not today,

Airlines will be the best return to risk trade on oil in my humble opinion

Some airlines to consider would be Northwest (NWA), Delta (dal) etc.

Make sure you get in on it soon, because this trade could be over by 3-3:30

Jim Cramer quote from morning Joe Today

Earlier today, Jim Cramer, was on morning joe on msnbc when he uttered this jewel.

“JIMMY CARTER, MAY HE REST IN PEACE”

Problem is, President Carter is alive.

On the subject of death, im sorry to note that Randy Pausch, professor of CS in CMU has passed.

You may know the good doctor from his last lecture, http://www.youtube.com/watch?v=ji5_MqicxSo

I learned more in that hour and 15 minutes, from a professor I NEVER MET, than the majority of my teachers(and let me note here, not mentors) ever taught me.

Your medicine for a broken market: Why I bought SSO today

It tastes just like candy

First off the good news,

I WAS GRANTED MARGIN

That means I can finally go in and out of stocks like I have always wanted to, and in this volitile market, that is the most valuable thing you can hope for.

The market was set for a turnaround and looking at where oil was going I decided that An investment in the S&P 500 was a good idea.

SSO is a double leveraged etf, so if you apply another 2x layer through margin to it you are getting a BROADLY diversified portfolio, yielding 4x the daily result of the s&p 500. You could also short the market 4x with SDS. Now this may seem like a risky move, but lets consider what could concievably happen in a three day period. Lets say the market moves up 1.3% a day. This would mean that SSO would be yeilding 2.6% a day, with compoundment this would mean that you would have yeilded 8% on a regular portfolio. And 16% on a leveraged 2x portfolio. In otherwords, the market retraces less than 3.9% (Which I believe it will.) and you made 16%. Mind you, the exact opposite could happen, so be careful, and ask an investment advisor before doing anything.

I Lauched a neat site today,

Wallblog/pages/ showing this site

http://wallblog.com/sites/
Check it out, its a link thing, and if you click back to pro blogs, it lanches major sites from where you are.