Amazon reported earnings on Thursday afternoon. Price initially popped to $420, then over the next ten minutes it fell all the way to $371 and change, but then over the next hour it went back up to $420 -- obviously brutal action. On Friday the stock opened at $439 and change and closed at $445. To the average observer, it closed at $390 and opened the next day at $439 ... they'd be oblivious to the drama.
Trend Following the UltraShort FTSE China 50
This is my longest held long (short a short) now, put on back in March 2014. Will be interesting to see how much I give back once the China "bubble" bursts.
ETF Trading Portfolio Update -- April 20, 2015
Reversed the yen short ... 20%+ gains in a currency few and far between ...
ETF Trading Portfolio Update -- April 13, 2015
Reversing the long-held crude short ... big winnah.
ETF Trading Portfolio Update -- April 6, 2015
Reversing the emerging markets short for a healthy loss.
ETF Trading Portfolio Update -- March 30, 2015
Switch to short the Dow and Financials ...
Omnicare Pop, 1 Minute View
Would have lost money here for sure ... the later in the day, the less I like these.
UPDATE: I was at a Bloomberg conference this afternoon so I looked up OCR on the terminal ($1,800 a month versus the $9.99 I pay for my datafeed) and that entire move took exactly two seconds (the stock was halted in the third second) inside the 15:25 minute, so you need pretty quick reflexes to catch these. ;-)
Fortinet Pop, 2 Minute View
I usually don't write about earnings pops and drops since they're so common ... this is a 2 min chart of FTNT, my $9.99 data feed can't give me enough 1 min bars to build a chart ... big swinging dick, indeed. Filing Date 2015-04-20 Accepted 2015-04-20 16:22:32 ... maybe the bots got a jump on things, maybe it was just "an old school point and click prop trader who had always been good with reflexes and doing things quick" (inside joke), can't really see without one of Nanex's millisecond charts ... anyway, risk reward doesn't look wonderful carried into end of day ... not a loser anyway.
Luck -- Season One
Enjoyed this one, very promising, but only one season since some horses died on set and the PETA Nazis had HBO shut it all down. Dustin Hoffman plays a great Jewish mobster. Santa Anita is a beautiful track (as backdrop). Several interesting storylines created by Milch. See the show if you get a chance. My selected screenshots:
Ayako Fujitani
Steven Seagal's daughter, Ayako.
CORRECTION: We have received word that the beauty below is not Ayako Fujitani, but is in fact a beauty named Mary Elizabeth Winstead. We regret the error.