pgabriel I will try to give you a detailed response sometime this weekend. <hr> Denninger has a writeup on the lowball fills that happened this past Thursday. Expanding On The Crash Yesterday: NBBO Anatomy of a Plunge: Geyser of Orders Put NYSE in 'Slow Mode'
After the dust startled to settle in Late 2008, the MLP Sector had a good run. As the Rally took off in Spring 2009, the attention shifted to Techs, Small Capps and Financials. Robbie has also mentioned in this thread interest in defensive sectors. With recent events in the Market, there will likley be some who will ease back and settle for lower Beta sectors that have more stability. <hr> Let me link to a few things and then proceed. If one is interested in NASDAQ-100 related, then keep an eye on Apple, Microsoft, Qualcomm, Google, Cisco, Oracle and Intel. NASDAQ-100 (sorted by percentage weight in the Index). Code: Apple Inc. Microsoft Corp. QUALCOMM Inc. Google Inc. (Cl A) Cisco Systems Inc. Oracle Corp. Intel Corp. Teva Pharmaceutical Industries Ltd. (ADS) Amazon.com Inc. Research In Motion Ltd. Gilead Sciences Inc. Comcast Corp. (Cl A) Celgene Corp. Amgen Inc. Starbucks Corp. Express Scripts Inc. DIRECTV eBay Inc. News Corp. (Cl A) Paccar Inc. Baidu Inc. (ADS) Genzyme Corp. Adobe Systems Inc. Bed Bath & Beyond Inc. Biogen Idec Inc. Automatic Data Processing Inc. Cognizant Technology Solutions Corp. Sears Holdings Corp. Vodafone Group PLC (ADS) Intuit Inc. Symantec Corp. Intuitive Surgical Inc. Broadcom Corp. Costco Wholesale Corp. priceline.com Inc. Activision Blizzard Inc. Marvell Technology Group Ltd. NetApp Inc. Wynn Resorts Ltd. Dell Inc. Staples Inc. CA Inc. Yahoo! Inc. First Solar Inc. Altera Corp. Paychex Inc. Citrix Systems Inc. C.H. Robinson Worldwide Inc. Life Technologies Corp. Fiserv Inc. Mattel Inc. Applied Materials Inc. Xilinx Inc. SanDisk Corp. Seagate Technology Inc. Millicom International Cellular S.A. Linear Technology Corp. Apollo Group Inc. (Cl A) NVIDIA Corp. Expeditors International of Washington Inc. Liberty Media Holding Corp. Interactive (Series A) BMC Software Inc. Vertex Pharmaceuticals Inc. Autodesk Inc. Fastenal Co. Check Point Software Technologies Ltd. KLA-Tencor Corp. Warner Chilcott Plc Cerner Corp. Ross Stores Inc. Sigma-Aldrich Corp. Garmin Ltd. Expedia Inc. Mylan Inc. Flextronics International Ltd. NII Holdings Inc. OReilly Automotive Inc. Infosys Technologies Ltd. (ADS) Electronic Arts Inc. Urban Outfitters Inc. Maxim Integrated Products Inc. Virgin Media Inc. Joy Global Inc. Henry Schein Inc. Lam Research Corp. Qiagen N.V. Stericycle Inc. Dentsply International Inc. Cintas Corp. Illumina Inc. Flir Systems Inc. VeriSign Inc. Hologic Inc. DISH Network Corp. (Cl A) J.B. Hunt Transport Services Inc. Cephalon Inc. Microchip Technology Inc. Foster Wheeler AG Patterson Cos. Inc. Logitech International S.A. If one is interested in the stocks of the S&P 500, here is a list of the Top 100 stocks (sorted by percentage weight in the Index). Code: 1 ExxonMobil 2 Microsoft 3 Apple 4 General Electric 5 Procter & Gamble 6 Johnson & Johnson 7 Bank of America 8 JPMorgan Chase 9 Wells Fargo 10 IBM 11 Chevron 12 AT&T 13 Cisco Systems 14 Pfizer 15 Berkshire Hathaway 16 Coca-Cola 17 Google 18 Intel 19 Wal Mart 20 Hewlett Packard 21 PepsiCo 22 Merck 23 Oracle 24 Philip Morris International 25 ConocoPhillips 26 Verizon Communications 27 Citigroup 28 Abbott Labs 29 Goldman Sachs 30 Schlumberger 31 McDonalds 32 Occidental Petroleum 33 United Technologies 34 Disney 35 United Parcel Service 36 QUALCOMM 37 3M 38 Home Depot 39 Amgen 40 Comcast 41 Kraft Foods 42 Boeing 43 American Express 44 CVS/Caremark 45 U.S. Bancorp 46 Medtronic 47 Altria 48 Amazon 49 Bristol-Myers Squibb 50 Target 51 Colgate-Palmolive 52 Morgan Stanley 53 Caterpillar 54 Ford Motor 55 Lowe's Cos. 56 EMC 57 Visa 58 Emerson Electric 59 Bank of New York Mellon 60 Union Pacific 61 Lilly (Eli) 62 Time Warner 63 Gilead Sciences 64 Walgreen 65 UnitedHealth Group 66 DirecTV Group 67 MetLife 68 Honeywell International 69 PNC Financial Services 70 Dupont 71 Monsanto 72 Apache 73 News Corp. 74 Texas Instruments 75 Dow Chemical 76 Freeport-McMoran C&G 77 Anadarko Petroleum 78 Devon Energy 79 Southern 80 NIKE 81 Exelon 82 Corning 83 General Dynamics 84 Baxter 85 Prudential Financial 86 Express Scripts 87 Celgene 88 Medco Health Solutions 89 Newmont Mining 90 FedEx 91 XTO Energy 92 Dell 93 Lockheed Martin 94 EOG Resources 95 Kimberly-Clark 96 Travelers 97 Costco Wholesale 98 Halliburton 99 Simon Property Group 100 eBay <i>Quick Rules of Thumb</i> are that the Top 50 stocks represent 50% of the weight in the S&P 500 and the Top 100 100 stocks represent 66% of the weight. The percentages fluctuationas Market Caps change, but the 50% and 66% values are fairly consistent. Finally, the stocks in the Dow Index (sorted by percentage weight in the Index). Code: 1 IBM 2 3M 3 Chevron 4 United Technologies 5 McDonalds 6 Boeing 7 ExxonMobil 8 Johnson & Johnson 9 Caterpillar 10 Procter & Gamble 11 Coca-Cola 12 Wal Mart 13 Travelers 14 Hewlett Packard 15 JPMorgan Chase 16 American Express 17 Dupont 18 Merck 19 Home Depot 20 Disney 21 Kraft Foods 22 Microsoft 23 Verizon Communications 24 AT&T 25 Cisco Systems 26 Intel 27 General Electric 28 Pfizer 29 Bank of America 30 Alcoa I will now touch on a few key stocks and how they have performed since March 2009. XOM (ExxonMobil) is roughly Flat in performance. MSFT (Microsoft) has had a nice run. AAPL (Apple) is Up huge. GE (General Electric) is Up huge. PG (Proctor & Gamble) is Up. JNJ (Johnson & Johnson) is Up. BAC (Bank of America) is Up huge. JPM (JP Morgan Chase) is Up nicely. WFC (Wells Fargo) is Up huge. IBM (IBM) is Up. CVX (Chevron) is Up. T (AT&T) is Up slightly. CSCO (Cisco) is Up nicely. BRK-B (Berkhire Hathaway) is new to the Index. KO (Coca-Cola) is Up. GOOG (Google) is Up nicely, but down over $100 from an earlier high. INTC (Intel) is Up nicely. WMT (Walmart) is roughly Flat. HPQ (Hewlett Packard) is Up nicely PEP (PepsiCo) is Up. MRK (Merck) is Up nicely. ORCL (Oracle) is Up nicely. PM (Phillip Morris) is Up. COP (Conoco Phillips) is Up nicely. VZ (Verizon) is roughly Flat. C (Citigroup) is Up huge and somewhat fortunate to still be in business. ABT (Abbott Labs) is Up slightly. GS (Goldman Sachs) is Up huge even with its troubles over the past several weeks. Those 29 stocks represent almost 40% of the weight in the S&P 500. The financial related names of: GE * BAC JPM WFC C GS have all had good runs and things will likley get more difficult for them going into the future. The Tech stocks of: MSFT AAPL CSCO GOOG INTC ORCL HPQ have all had good runs, but it could be argued that they have gotten too far ahead of themselves and deserve some rest. That leaves the boring soild stocks such as: XOM PG JNJ IBM CVX T BRK-B KO WMT PEP MRK PM ABT COP who have had a mixed bag of both success and quite Flat performance over the past 14 months. For the most part, they haven't been among the Leaders since March 2009 and are heavy on comsuner names which will still be impacted some with the unemploment rate over 9%. For the Market to regain previous levels, it will take the earlier leadership of the Tech stocks like: MSFT, AAPL, CSCO, GOOG, INTC, HPQ, ORCL and the financial names like: GE * , BAC, JPM, WFC, C, GS to do most of the work of <i>moving the numbers </i>. It is doubtful the boring solid stocks like: XOM, PG, JNJ, IBM, CVX, T, BRK-B, KO, WMT, PEP, MRK, PM, ABT, COP will be able <i>move the numbers</i>. If the energy names of XOM, COP and CVX start to outperform the rest of the Market, then it is likely that we are in a period of sustained higher energy prices which could impact sales & profits for stocks like WMT, KO, PEP. I will try to work some more on this Sunday night. <hr> * The troubles with the lending unit is why I included it with the financial sector stocks.
Boom! trillion dollar EU bailout package....dow futures up 225 right now. lol this is an amazing start I am having at my new firm.
http://finance.yahoo.com/news/Feder...tml?x=0&sec=topStories&pos=main&asset=&ccode= Federal Reserve opens credit line to Europe Federal Reserve, ECB, other central banks open credit line to send dollars to Europe Welcome to the US Dollar Party.
Do you guys think it is too late to buy into Pepsi (PEP)? They are up $ 14 in one year and 3 YTD. I am obviously just starting out and would like anyones feedback with knowledge on the company or if you own it.
So we have reached the 1160-80 area in an unanticipated manner. Therefore I am adjusting my trading parameters and expectations. If we would have rallied over 2 weeks to this point, I would be loading up a short position. However, the fact that we are here in 3 days means things are not playing out according to plan, therefore the plan must be adjusted. I will still be putting on a short here, but very small. And depending on how we react to 1180, I will either be adding or covering. Some traders and hedge fund managers I talk to tell me how strange the market is trading. I see this as well, so I am opening myself up to the possibility of anything. I am not ruling out scenarios completely outside my expectations, such as a total capitulation of the shorts, driving us straight to 1300 or even 1400. For a fact I know a "fundamental" based hedge fund manager put on a large short position last Friday going into the weekend. I also know he is not the only one. When he told me this I was completely flabbergasted, as we were then trading at historic oversold levels. I posted on here that it would not be a bad long at all, for a trade. These guys however do not look at technicals what so ever. They trade based on fundamental news, and were short on Greece/sovereign debt. If we start to trade above 1180, I would not be surprised if these guys get completely blown out of the water, and become the impetus for a move much higher. However irrational that may be. The fact is, for "TRADING", you have to throw rationality out the window. Along with prejudice, bias, opinion. You also can never assume you "know", as the market will always surprise.
not happy with myself for not laying into it short when that news came out. it was still hanging around 13 and going lower and i heard the news and they said the opinion of the court was vacated. so i looked up that legal term to make sure that it meant what i thought it did....and it did. but i just sat here like a tard and did nothin. bad mistake.
Robbie, You mentioned looking at various things such as the MLP sector. Do you pursue the MLP trades as: 1 Swing Longs with some type of strategy tied to energy price movements? 2. Based on Quarterly Distribution timing? 3. Oversold and mean reversion? 4. Strictly Day Trades?
Guess I should update my positions in this thread. My Post last year about Gold and Silver in this thread. http://bbs.clutchfans.net/showpost.php?p=4538263&postcount=3059 Sold my shares of UGL on the 12th. Bought them $32.89 at and sold at $56.31 to walk away with 71% profit in a year. Still holding on to some of my other stuff and just reinvested in another set of stuff.
they were just trades. didn't work out as well as i hoped with the euro blowing up and taking down oil and all that jazz. btw....now i am checking out these MTL preferreds. very strange issue and it almost seems too good to be true. basically, they are paying out 20% of profits towards the div on the preferreds. they just started trading on the 7th and few shares ended up being offered and they priced much lower than their original offering price due to the crappy mkt. anyhow, i know they are russian (something that can freak out a lot of investors), but the 138 million preferred shares receive voting rights if the MTL board decides not to pay the annual dividend. also, the preferreds are being offered by the people who got bought out by MTL in early 2009. some west va coal company. something intriguing to look at. it could simply be mispriced or people just don't believe that this thing could actually yield that much since it is a russian company. anyhow, that is the basic rundown of it and here is the prospectus if you guys want the whole story on it. http://www.sec.gov/Archives/edgar/data/1302362/000095012310046689/y06164be424b4.htm maybe pippen can chime in with his thoughts.
