I’ve been tracking the brewers of Samuel Adams adult beverages — Boston Beer (SAM) — since it popped up on a New High screen last week.
Those gains held. The last 4 days of sideways chop suggests that these new prices are “accepted” now. Today the market served up a […]
I’ve been waiting for this development..
ETF’s that move inverse to their underlying index have arrived. These securities give IRA’s and other tax-advantaged acounts a method to to short the markets without the complexity (and time premium) of put options.
They have not attracted much volume yet.. but the bid/ask spreads are very reasonable: 69.97 […]
Even casual ESPN viewers know that team USA plays for its tournament life on Saturday at 3pm against the Italians. But I’ve honestly watched very few minutes of this World Cup’s first week of games — partly from nonstop working, partly from ignorance of the schedule.
That’s about to change. I just imported every […]
The brokerage firm that I’m using for client accounts is one you’ve likely never heard of: Interactive Brokers LLC. From its humble roots on options exchange floors, IB has discreetly crawled up the list of top brokerage firms.
Their commissions are paltry, and they pay comparatively well on cash balances.. a great deal for the […]
Back in the saddle..
While marketing will be an important part of my business going forward, I’ve got a few client accounts set up, I’m excited to be manning the trading turret once again.
During the multi-year advance in Crude Oil, countless newspaper headlines have credited advancing oil prices for causing even the slightest weakness in this […]
My recent SNTO trade obviously did not work. I sold about 2/3 at $10 and the other 1/3 at 8.80. I’m glad it never closed above that 10.75 area, because I’d have probably added some more. Like many stocks right now, this one is still staggering along. When the broad market […]