The Procter & Gamble Company (P&G), together with its subsidiaries, provides branded consumer goods products.
I’m surprised that, with the favorable news coming out for PG, market still selling down this stock. Price failed to close above 50sma today with steadily increasing down volume the past few days. As my dad always says, ignore news, listen to the market !
I’m opening a short, at market, thursday with initial stop on a close above 67.79.
Merck & Co., Inc. provides various products for human and animal health in the United States and internationally. MRK is one of those growth stock that does well even on a weakened economy with a 4% dividend yield selling at ten times 2008 actual earnings. The “adjusted” non-GAAP earnings are expected to be in the $3.28 per share area.
Short term speculation. Open long position at market thursday with stop set on close below 46.71
Sun Microsystems, Inc. develops products and services for the network economy. It provides network computing infrastructure product and service solutions worldwide under brands, including Java technology platform, Solaris operating system, Sun StorageTek storage solutions, and the UltraSPARC processor.
SUN is trading near 5 year low despite really strong earnings and solid outlook. MACD looks bullish, with up volume showing the past few days. I’m buying this stock tomorrow at market with stop set on the close below 15.65.
As we all know, Dell, Inc. and its subsidiaries engage in the design, development, manufacture, marketing, sale, and support of computer systems and services worldwide. Barron’s reports Dell (DELL) shares aren’t worth buying and may be dead money. Recent news that Dell is planning to close a Texas computer building operation and cut 6,000 jobs to cut costs. Also, Dell is partnered with Citi to finance computer purchases, and losses at Citi may put Dell’s finance arm in jeopardy.
DELL is now trading below 50sma. I’m opening a short position with a stop on close above 19.15.
BioMarin Pharmaceutical, Inc. develops and commercializes biopharmaceuticals for serious diseases and medical conditions. The company also develops various product candidates for the treatment of genetic diseases, which include PEG-PAL, a preclinical enzyme substitution therapy for the treatment of severe PKU; PEG-PAL for phenylketonurics, which are not BH4-responsive; and BH4 for the treatment of various other indications, including cardiovascular indications. Great start in 2008 with strong sales of both Naglazyme and Aldurazyme, as well as the first full quarter of Kuvan sales driving improved financials. The Kuvan launch is progressing well, with a positive reception from the PKU community.
Price is closed above 50sma. Gap up open wednesday on high volume. I’m opening a long position this thursday at market, with a stop set on the close below 34.65.
Stopped out positions:
IR -5.2%
UNTD -11.92%
Open positions to-date:
A short @ 30.65
AIG long @ 47.01
ALKS long @ 12.10
BJS short @ 27.42
BRKS long @ 10.48
CEG short @ 84.40
CFC long @ 5.88
CVX long @ 95.06
DTV short @ 25.25
EMC long @ 15.74
ETFC long @ 4.00
FLEX long @ 10.86
GLW Short @ 26.60
HIMX long @ 5.15
KEG short @ 13.66
LTR short @ 42.13
MOT long @ 10.06
NFLX short @ 32.65
NVDA long @ 20.43
PFE short @ 20.27
Q long @ 5.20
RIMM long @ 126.25
RIO long @ 37.97
RSH short @ 15.18
SWY long @ 29.72
WB long @ 28.98
WFC long @ 30.50
WM long @ 12.72
YHOO long @ 27.15
marcus goes to school in about two years. when that happens, i’d like to do more riding and going around town. two years from now, my trading business could be in full swing and am making good cash flow off that. If so, i don’t have to work as bike messenger. i can just ride into the city whenever i feel like it, after the kids are off to school, then come home when they are about to go home. But being a bike messenger is something i want to experience. Right now, i am getting myself back into great riding shape, that in two years time, i’ll be able to do the job and enjoy it.
i just realized, i don’t know, or don’t have any friends here. I spend most of my time with my kids, at home. i only get to go out, by my self, at night. And that is to ride my bike. I don’t talk to people as i ride alone. I see a lot of people, but there is no interaction. I am concerned that this might lessen my people skills. But tolle says in his book, that to gain enlightenment, you do not need other people. You only need to be present in the now–seek ye first the kingdom of god.
i guess there’s nothing wrong with my situation. there is the internet. all my portal to the virtual world is in order and i have a great network in there, i reach out and help people thru yahoo answers. that is what i have now. so be it.
i ride tonight. rains have stopped. it’s bright and sunny outside. Back in my younger days, i’d be out riding, or working out, or just plain out of the house and on my bike on a cool weather like this. I’d be in the gym, probably on the beach, exploring nz… i miss those days. but that is living in the past. i have now. i will stay here and find the treasure here.
Constellation Energy Group, Inc. supplies energy products and services to wholesale customers, and retail commercial, industrial, and governmental customers in North America. There seems to be a sell down on the stock as price will move up a few days on light volume, then you will see selling on the following days with increasing volume.
I have a short order at market on this stock for tomorrow. Initial stop set on price close above 89.63
BJ Services Company and its subsidiaries provide pressure pumping and oilfield services for the petroleum industry worldwide. Its pressure pumping services consist of cementing and stimulation services used in the completion of new oil and natural gas wells, and in remedial work on existing wells onshore and offshore. BJS recently made a 12-month high, and a few days later, gapped down to its mid-range level and failed to close that window.
I am looking to short this tomorrow at market. I’m setting a stop if price closed above 28.75.
American International Group, Inc., through its subsidiaries, provides insurance and financial services in the United States and internationally. It operates in four segments: General Insurance, Life Insurance and Retirement Services, Financial Services, and Asset Management. AIG is coming from a 12-month low and seems to be trending up right now as more buyers are coming into the market.
I am opening a long position at market. I’ll be closing this long position if price closed below 46.08.
