The Wrap 11/2/09
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Today was a great short day, a gap up, a sideways move and then strait down, notice the dollar bottomed and started to rally around the same time the market rolled over. Still, such a dollar related market.
We covered some shorts and actually got stopped on a couple of names as our stops were tight. We are however nailing some great profits in here. My guess is we rally tomorrow, I just have a feeling that the dollar may need a rest after its rally of the last two days.
Let’s manage what we have on the list and keep an eye on UYM which I have charted.
Tuesday, November 03, 2009
Economic
10:00am Sept Factory Orders (last -0.8%)
4:30pm API Crude Oil/Gasoline/Distillate Inventories
Events
Bank of America Mexico Conference. /b>Oct Vehicle Sales. ICSC/UBSW Chain Store Sales (7:45, last +0.1%). Redbook Retail Sales (8:55, last +0.6%). ABC Consumer Confidence (last -51). Trades Ex-dividend: BTU $0.07, KBH $0.063, NRP $0.54, NS $1.065.
Earnings
Before the Open: ACOR, ANR, AMT, ABC, AHII, ADM, BLC, BBG, BJS, BLT, CAM, FUN, XEC, CTSH, CFX, DNR, DBD, EMS, EMR, ENR, ENZN, EXPD, FSS, FSRV, FTR, GET, GWR, GLT, HHS, HCP, HNT, HPY, ICE, IPGP, JRCC, LPX, MMP, MRO, MLM, MVL, MA, MTRX, MHS, TYPE, NSTC, NXG, NWN, OZM, OSK, PKD, PER, PQ, RL, RDWR, RIGL, RMG, RBA, COL, RDC, RCL, RTI, RBCN, SNH, SKH, JOE, STE, SHOO, SFY, TLM, THC, TEVA, GTS, UNT, VIA.B, VNO, WST, WLK. After the Close: TDSC, ACAS, AGII, AUDC, BGCP, BGFV, BBND, BIO, BBBB, BKI, CBM, CHSI, CBL, CRL, COGT, FIX, CNW, CCI, DVA, DRIV, DISCA, DLB, DUF, DFT, DXPE, ESS, EXM, XCO, FARO, FEIC, FCH, LOPE, HIG, HLS, HLTH, IDSY, ICXT, ISTA, JJSF, JKHY, KNXA, KCP, KFRC, KFT, MAKO, MASI, MXWL, MRH, MYGN, NCIT, NETL, NOA, OIS, OKE, OKS, ONXX, OEH, PACR, MALL, PXD, QLTY, QSFT, RHB, RKT, SB, SSW, SENO, SLH, BID, SPSS, STEC, SGY, SYMM, TWTC, THS, TRLG, UNM, VVUS, WRC, WWWW, WBMD, INT, AUY, ZIPR.
| Date | Symbol | Long Price | Short Price | Stop | Action | Result P/(L) | Triggered |
| 9-24-09 | |||||||
| MCO | 23.00 | 22.00 | Covered 1/3
Covered 1/3 Stopped 1/3 |
+2.00
+4.30 +1.00 |
yes | ||
| MHP | 26.19 | 26 | Covered ½,stopped on balance flat | +2.00 | yes | ||
| NAV | 40.31 | 39 | Covered 1/3
Covered 1/3 Covered 1/3 |
+1.30
+3.00 +2.03 |
yes | ||
| QSFT | 16.30 | 16 | Sold ½, sold balance(10-13-9) | +.80
+1.70 |
yes | ||
| SIGA | 8.43 | 7.65 | Stopped | -.80 | yes | ||
| MELA | 10.50 | 9.50 | Stopped | -1.00 | yes | ||
| 9-28-09 | COCO | 17.29 | 18.25 | Sold ½
Stopped 1/2 |
+1.00
-.90 |
yes | |
| ZION | 17.39 | 19.00 | Stopped ½ flat | yes | |||
| 9-30-09 | YGE | 11.90 | 12.60 | -.70 | yes | ||
| VNO | 63.00 | 65.50 | flat | yes | |||
| XCO | 19.05 | 18.00 | stopped | -1.05 | yes | ||
| MHGC | 5.60 | 5.20 | -.40 | yes | |||
| 10-1-09 | CALI | 6.35 | 5.50 | stopped | -.85 | no | |
| CENX | 8.97 | 9.60 | stopped | +.50 | yes | ||
| BAC | 16.02 | 16.80 | stopped | -.78 | yes | ||
| AAP | 37.70 | 39.40 | stopped | -1.70 | yes | ||
| 10-05-09 | EXC | 47.78 | 50 | stopped | -2..22 | yes | |
| JEF | 27.60 | 27.90 | Sold 100% (10-13-9) | +1.60 | yes | ||
| TSPT | 14.35 | 13.70 | stopped | -.65 | yes | ||
| HIG | 29.05 | 28.30 | stopped | -.75 | yes | ||
| APT | 6.25 | 6.00 | stopped | -.25 | yes | ||
| 10-7-9 | FCX | 73.43 | 73.00 | Sold half(10-13-9)
Sold balance10-14-9 |
+1.78
+3.10 |
yes | |
| 10-10-9 | PENN | 25.67 | 26.20 | stopped | -.53 | yes | |
| NITE | 23.00 | 22.40 | stopped | -.60 | yes | ||
| O | 22.85 | 24.00 | yes | ||||
| STEC | 25.51 | 25.80 | Covered 1/3
Covered 2/3 |
+1.00
+3.50 |
yes | ||
| ARST | 23.59 | 24.00 | Sold 1/3
Sold 1/3 |
+1.20
+2.20 |
yes | ||
| FIRE | 23.43 | 22.50 | stopped | -1.90 | yes | ||
| 10-14-9 | HRBN | 19.72 | 19.30 | stopped | -.50 | yes | |
| UCTT | 6.95 | 6.30 | stopped | -.65 | yes | ||
| 10-15-09 | MS | 33.35 | 33.00 | Sold all | +2.00 | ||
| 10-16-9 | QSII | 65.76 | 64.00 | stopped | -1.76 | yes | |
| ACI | 24.22 | 23.20 | stopped | -1.02 | yes | ||
| 10-19-9 | MEE | 33.64 | 34.50 | stopped | -1.20 | yes | |
| BTU | 42.35 | 42.50 | sold | +.20 | yes | ||
| FSLR | 146.80 | 152 | stopped | -5.00 | yes | ||
| ABAX | 23.86 | 25.00 | Covered ½
Covered 1/2 |
+1.00
+1.00 |
yes | ||
| PPD | 40.12 | 41.50 | yes | ||||
| MCO | 23.14 | 25.50 | no | ||||
| 10-22-9 | MCRS | 27.40 | 28.00 | Covered 1/3 | +1.30 | yes | |
| AMAG | 35.10 | 35.90 | yes | ||||
| TNDM | 22.92 | 23.40 | Covered ½
Covered 1/4 |
+1.90
+2.30 |
yes | ||
| BAC | 16.05 | 16.60 | Covered 1/3
Covered 1/3 Covered 1/3 |
+.80
+1.00 +1.50 |
yes | ||
| VMI | 75.70 | 76.70 | Covered ½
Covered ¼ Covered balance |
+3.00
+3.00 +4.00 |
yes | ||
| CMG | 81.13 | 83.00 | Stopped | -1.87 | yes | ||
| ROVI | 28,09 | 29.00 | yes | ||||
| CCL | 30.60 | 31.60 | Covered 1/3 | +1.30 | yes | ||
| 10-30-9 | RTH | 90.00 | 92.00 | yes | |||
| ROST | 43.76 | 44.83 | yes | ||||
| NIHD | 27.25 | 28.25 | Covered 1/2 | +1.90 | yes | ||
| FWLT | 28.12 | 29.00 | yes | ||||
| 11-2-09 | CYOU | 29.00 | 29.80 | Stopped | .-80 | yes | |
| YGE | 11.17 | 11.70 | yes | ||||
| JLL | 46.38 | 47.20 | Sold 1/2 | +1.30 | yes | ||
| XHB | 13.70 | 14.30 | yes | ||||
| WFC | 27.40 | 28.20 | yes |