Bloomberg.com is blocked in Mainland China so I relied on their daily "Most Popular" email to scan headlines every day. It appears that the newsletter is no longer being sent. The horrific re-design of the Bloomberg website is probably to blame. What a mess. When I had a Bloomberg terminal I found the most read function <READ> incredibly valuable because my fellow terminal subscribers filtered the news for me. The most read stories on the website aren't the same thing, but still useful.
Charts of Note, Wed. Feb. 4, 2015
Four today: ADM, CTSH, FAST, RL, SNH.
Glu Mobile Pop, 1 Minute View
GLUU reported earnings after the bell but began to behave strangely just after 3 PM. It was possible to get long it at $3.71 with a $3.65 stop. Once again turned out to be better to carry it through earnings than try to be tricky and trade it and only make a dime.
Wendy's Pop, 1 Minute View
Again, it would have been a very difficult play. Wasn't at my desk but I assume given the pre-market activity the scanner would have picked up on it ... it is Nasdaq listed though and a LOT of stuff moves at the open ... this was done by 9:38 AM, so...
Charts of Note, Tue. Feb. 3, 2015
Five today: CSIQ, FTR, HIG, SSYS, WEN.
ETF Trading Portfolio Update -- February 2, 2015
Interestingly four out of five of the longs put on back on November 3, 2015 reversed together (all scratches, more or less) ... now again short the Dow, the S&P 500, Small Caps and Tech. We'll see if we get whipsawed out once again or if the timing of these shorts will stick.
ETF Trading Portfolio Update -- January 26, 2015
No changes this week.
VimpelCom Pop, 1 Minute View
Unusual activity in VIP at the open ... sold stake in something ... in Algeria ... who knows ... you would have had to be super quick not to get burned here ... unless you just blindly held into day end.
RadioShack Delisted
During the dot com bubble RadioShack hit $79.50 a share, now a zero. Nearly every day I use my RadioShack battery tester. That little $5 tester has probably saved me thousands of dollars over the last decade ... you should get one too.
Charts of Note, Mon. Feb 2, 2015
Only one, Sysco (SYY) ... not Cisco (CSCO) ... fun fact: Cisco hit an all-time high of $82 on March 27, 2000. I owned a lot of Cisco back then and considered myself a real genius. Felt less smart when it hit $8.12 on October 8, 2002. That's exactly a 90% drop and I've never sold a share.