Supposedly being bought out ... action during the lunch hour telling ... lots of buyers "under the radar" ... still if you got in after the "news" hit, you should have done fine, assuming you were quick.
Crick to enrarge
Freeport-McMoRan Pop, 1 Minute View
I don't usually feature after-hours pops since they're usually earnings-driven, but this was different ... Icahn disclosing a stake in FCX after the close on Thursday, causing it to pop. If you were fast and got in then out before it collapsed again, you could have made a buck. I guess the filings reader bots got to this first but I can see a human getting in at $11.
Crick to enrarge
ETF Trading Portfolio Update -- August 24, 2015
Cutting losses ... almost 100% short now (the bonds and XIV are inverse plays) ... shorts put on in July offsetting most of the longs put on at around the same time ... a "hedged portfolio."
ETF Trading Portfolio Update -- August 17, 2015
No changes this week. Posted a chart below of the SCO entry. Doesn't matter since no one reads brogs anymore.
Sysco Pop, 1 Minute View
Again during the lunch hour ... I guess CNBC got the scoop (leak) ... not much oomph on this one, risk reward wouldn't have made sense in the end, though you wouldn't have lost money, assuming you were quick. Options watchers were aware of unusual activity in the calls before this happened, so the fraudsters (now on a golf course somewhere?) made out once again.
But they didn't hack the press release this time.
Crick to enrarge
American Express Pop, 1 Minute View
Bit late to post this, happened the Friday before last ... every day trader on planet earth saw this at the same time, scanners blaring across the land ... Bloomberg story is time stamped at 01:42PM: ValueAct Said to Amass AmEx Stake as Activist Seeks Targets but it probably showed up on the Terminal before then, though long after 13:27 when everyone piled in. Once again I can't see a realistic entry without a tick chart, not available to those slumming on the $9.99 datafeed. Hang on the story is time stamped August 7, 2015 — 1:28 PM EDT, which must be the Terminal time stamp, not the web.
Crick to enrarge
ETF Trading Portfolio Update -- August 10, 2015
No changes this week. My energy, metals, and materials shorts are doing well ... and of course my perfectly-timed China short helps things.
ETF Trading Portfolio Update -- August 3, 2015
No changes this week ... cutting losses in energies and materials early this month and getting short 'em is paying off (so far).
Weekly Grocery Shopping
Maybe I'm the only one who's fascinated by what people buy during their weekly grocery shopping ... we just went and here's ours ... (will post a new receipt every week if you want to scroll down and down and down):
2015 08 02
2015 08 09
2015 08 16 ... smaller shopping as we'll be away most of the week.
2015 08 24 ... wife impatient and checked out first, thus the combined bill.
2015 08 29
2015 09 05 ... ran completely out of food, thus the Saturday shopping
2015 09 13
2015 09 24 ... sorry, shopping schedule got a little screwed up with houseguests, but we're back on track now.
ETF Trading Portfolio Update -- July 27, 2015
Cutting more losses ... the China short nicely timed though.