股海一粟的博客
投資是一門藝術，投資是一所永遠的學校。股海一粟第一次接觸到股票還是在1988年，那時候上海隻有老八股，沒有正規的交易所。。。那一年股海一粟隻有10歲。
博文
(2008-02-11 15:04:26)
Allthreemajorindicesmanagedtopostamodestgain.LikelastFriday,sectorsweretradedinasplitfashionthroughouttheday.FinancialswereagainweakfollowingnewsthatAIGmayneedtomakesubstantialwrite-downsduetodecreasingvaluesinitscreditderivatives.Theone-trilliondollarquestiononWallStreetthesedaysisreallyhowmanymorewrite-downsrelatedtothesub-primeissuearegoingtooccurtothefinancialindustry.Icertainlydon’tknowtheex...[閱讀全文]
(2008-02-08 14:05:35)
Themarketclosedmixedfortheday.Fortheweek,allthreemajorindicespostedalossofaround4%,erasingmorethantwothirdsofthegainsfromthepasttwoweeks.Interestingly,sectorsshowedquitedistinctresultsforthisFriday,whichhadlittleeconomicnews.Techandcommoditystockswerebigwinners.Asfortheformer,somemayattributetoday’sgaintoAmazon’ssharebuybacknews.I’mnottoosurewhetherthe1Billiondollaramountwouldhavethatbigimpactf...[閱讀全文]
(2008-02-07 15:55:26)
Allthreemajorindicesfinishedachoppydayinpositiveterritory,endingthe3-daylosingstreakthatwipedoutmorethan500pointsfromtheDow.Mostnewsofthedaywasnegative.Afterthebellyesterday,CiscoSystemsissuedarevenuewarningnotonlyforthecurrentquarter,butforseveralquartersahead.Thismorning,thecloselywatchedinitialjoblessclaimscameworsethanexpected.Moreimportant,thepreviousweek’snumberwasreviseddownwardwhilesomeha...[閱讀全文]
(2008-02-06 14:40:58)
Themarketsimplycannotholdontoitsearlygainandclosedthedayatalmostthelowestlevel.Moretroubling,thishappenedonadaywhenbothcorporateearnings(higherthanexpectedresultsfromDisney)andeconomicnews(higherthanexpectedQ4Productivitynumber)weremostlypositive.Simplyfromtechnicalperspective,itisverylikelythatthemarketisgoingtore-testthepreviouslowsmadeinlateJanuary.Onthefundamentalside,thepictureisnotprettyeith...[閱讀全文]
(2008-02-05 14:16:01)
Allthreemajorindicesdroppedaround3%fortheday.Aftertakingintoaccountofyesterday’sloss,themarketessentiallygavebackhalfoftherecentgainsinceitslowstouchedbackonJan22nd.Thetriggeroftoday’splungewasareportthatisoftenbeingpaidlittleattentionamonginvestors.TheNon-ManufacturingISMsurveyforJanuarycameat44.6,indicatingacontractionintheservicesectorforthefirsttimeinalmost5yearswhilethemarketwasexpectingane...[閱讀全文]
(2008-02-04 14:20:31)
Themarkettookabreathafterrunningupalmost5%inthepastweek.Financialsandhomebuilderswereunderparticularpressureassomeinvestorsdeemedthepasttwoweeks’rallywasalittleexcessiveanddecidedtobookprofits.Downgradesinseveralcreditcardcompanies(AmericanExpress,CapitalOneandDiscover)fromUBSandbanks(WachoviaandWellsFargo)fromMerrillLynchwerealsoweighingonthesentiment.Technically,mostmajorindiceswereabout2%below...[閱讀全文]
(2008-02-01 14:11:12)
Today’sTransactions:
OpenedapositioninGOOGaveragedat$526.76Stoplossifthestockisclosedbelow$450
Reason:Thestockpostedadisappointingreportyesterdayaftertheclose(Earningmissedby2centswhilerevenuemissedby2percent).However,thecurrentvaluationisquiteattractiveafterits30%droprecently.Therisk/rewardratiomakesitworthabet.
AddedmoreFXPaveragedat$90.60
Today’sReturn:-2.04%
ReturnYTD:-25...[閱讀全文]
OpenedapositioninGOOGaveragedat$526.76Stoplossifthestockisclosedbelow$450
Reason:Thestockpostedadisappointingreportyesterdayaftertheclose(Earningmissedby2centswhilerevenuemissedby2percent).However,thecurrentvaluationisquiteattractiveafterits30%droprecently.Therisk/rewardratiomakesitworthabet.
AddedmoreFXPaveragedat$90.60
Today’sReturn:-2.04%
ReturnYTD:-25...[閱讀全文]
(2008-02-01 14:10:00)
Thestockmarketstartedthenewmonthinaratherpositivetone.ThebiggestheadlinenewsisprobablyMicrosoft’s$44.6billionoffertoacquireYahoo!,markingitthelargesttechnologyacquisitionever(TheAOL-TimeWarnerdealbackin2000wasanacquisitioninthemediaindustrynotinthetechindustry).Thenewssentthefuturesimmediatelyhigher.However,economicnewstodaywasquitemixed.TheJanuarynonfarmpayrollsdropped17Kcomparedwith70Kconsensus...[閱讀全文]
(2008-01-31 14:46:22)
Today’sTransactions:
ClosedDRYSaveragedat$73.75
Reason:Thestockhasmovedupbymorethan15%inthelasttwotradingsessions.Simplybookprofitsandwaitforthenextentryopportunity.
ClosedSKFaveragedat$97.98
Reason:FinancialsectorisprobablyamongthebiggestbeneficiariesofthelatestFedinterestratecut.AlthoughIexpectanear-termpull-back,IclosethispositionalongwithDRYSabove.
Today’sReturn:-0.16%閱讀全文]
ClosedDRYSaveragedat$73.75
Reason:Thestockhasmovedupbymorethan15%inthelasttwotradingsessions.Simplybookprofitsandwaitforthenextentryopportunity.
ClosedSKFaveragedat$97.98
Reason:FinancialsectorisprobablyamongthebiggestbeneficiariesofthelatestFedinterestratecut.AlthoughIexpectanear-termpull-back,IclosethispositionalongwithDRYSabove.
Today’sReturn:-0.16%
(2008-01-31 14:43:47)
Allthreemajorindicesclosedupnearly2%fortheday,endingtheworstJanuaryindecades.ItisnotjusttheUSmarketthatsufferedtheirworststartinmanyyears.StocksinEuropehadtheirworst-everJanuarywithatotaldeclineof12percent.InAsia,theNikkeilost11percentforthemonth,theworstmonthlyperformancesinceApril2000,andtheHangSengIndexdeclined16percent,arecordmonthlylosslastseeninOctober1997.Itisindeedatoughmonthforinvestorsal...[閱讀全文]
