Submitted By Trader Mark
Year 2, Week 22 Major Position ChangesFund positions of 1.0% or greater can be found each week in the right margin of the blog, under the label cloud and recent comments areas; I highlight weekly the larger position changes.Being a long only fund, via Marketocracy rules, the only hedges to the...
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Submitted By Trader Mark
Occasionally you get a thesis correct, but can't seem to find the horse to profit from. I've been on the pawn shop bandwagon since mid summer since I thought the economy would be far worse than the punditry. [Jul 24: Cash America (CSH) and EZCORP (EZPW) Both Report Today - Starting Small Stake in...
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Submitted By Trader Mark
Take that Obama! 2 stimulus plans in 1 month. Singh! Singh! Singh! (not quite so fun to chant as 'O-bam-a') I'm watching India just because it appears no one else does, in their love affair with all things China. Plus the banks are kicking tail of late [Dec 29: India Banks Perking my Interest...
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Submitted By Trader Mark
I've been jettisoning some names this week to make way for new kids on the block; or in some cases, old friends we've once owned. I am still working through a lengthy list of newer Obamamania stocks; some of which are very alluring - but below are names I like from a fundamental basis, that I've...
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Submitted By Trader Mark
If you are interested here are just a handful I see; what I do with the blog is mostly just talk about half of my strategy: the long side. Much better than the index ETF shorts are finding individual stories with generally weak charts. I can't do it currently but these are typical set ups - I see...
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Submitted By Trader Mark
I was debating whether to keep or close t-weight: bold;">ICON (ICLR), the 2nd of my 3 part contract research organization basket - I cut 1 of the 3 positions Wednesday, and I've decided to close this name out as well. First the chart is not improving and second I have a basket of about 6-8...
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Submitted By Trader Mark
As you see in the chart below we are back to the top of a quite substantial sideways range...
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Submitted By Trader Mark
The institutions did a great job of marking this market up into the year end - we put nearly 4% on in the past day and a half. If the 3 PM shenanigans return they might even be able to tack on more and as I stated this weekend mark the market up >5% to get it to 920 on Dec 31st at 4 PM. I...
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Submitted By The Correct Call
Ten predictions, some more realistic than others, for stocks, sports, politics, and the economy in 2009.
The stock markets will return 4.3% for investors by year’s end. After falling another 15-20% to start the year, the markets will recover and get above water early in the fall and post...
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Submitted By Trader Mark
Well unlike most mutual funds and institutions if you invested in this (future) mutual fund you will see what I do every week. So unlike "them", many of which are stuffing their portfolios with the best performers of the quarter or year as we speak (we call it window dressing), so they can say to...
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 Submitted By Gary Tanashian
George Bush rides off to the ranch, economy in a shambles (of course he inherited the seeds of this mess from Clinton and some of the same people garnering appointments in the Obama administration) and in his place comes hope and change.
Really? Change? Well, maybe in some ways like the ability...
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Submitted By Trader Mark
ReneSola (SOL) has gone from up 14% to up 30% since I posted about Obama's speechwriters about 75 minutes ago. The stock is now hitting resistance near $5 and I'm not going to look a gift horse in the mouth...
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Submitted By Trader Mark
I'm keeping this name on the radar as I like both defense and healthcare as sectors for 2009, but it's been trading like a Chinese small cap (or US financial) the past few weeks; crazy volatility. Axsys received the second upgrade in two weeks today [Dec 23: Axsys Technologies Upgrade]...
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Submitted By Trader Mark
A-Power Energy (APWR) is out with a heck of a pre-announcement this morning and the stock tanked. Luckily we sold almost our entire position out as it hit resistance near $6 just over a week ago BUT we began rebuilding the position (and it was up to 2% of the portfolio) going into today. [Dec 22:...
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Submitted By Trader Mark
A lot of the focus of the punditry is when we'll recover - personally I think it's a bit of a moot point. What I'm thinking through is not when, but what the recovery will be in America. I posted many of my thoughts in [The US Economic "Recovery"] but essentially a lot of cross currents are...
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