Archive for June, 2007

309 stocks closed at all-time highs

Monday, June 18th, 2007

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

Symbol Price Volume Avg. Volume % Vol. Increase High Alpha
AAPL 125.09 32536426 30767200 %5.75
AA 41.88 20816338 12372600 %68.24
XOM 86.36 17748148 21575200 %-17.73
XLE 71.06 11637736 19177900 %-39.31
NVDA 39.57 11427869 10696600 %6.83

– Click here for today’s full list –

Matcha Green Sencha Tea at Cosco

Sunday, June 17th, 2007

green match tea I went to Cosco yesterday and saw that they had a box of 100 teabags of green sencha matcha blend tea for $12. I’ve been wanting to try maccha since I read that green tea leaves have over 12,000mg of flavanoids per 100g! Matcha is a powdered form of green tea, so instead of just drinking water steeped with the leaves - as one usually does with tea - you are actually ingesting the powdered leaves with the tea, so I assume it would give you more antioxidants.
I tried some this morning and it is great. Here is part of a review from chowhound:

This unusual tea is a not-so-privately-labeled product packed by Ito En in Japan. The “base” leaf is sencha, for characteristic Japanese-style green tea taste, but matcha has been added, with gives the tea a flavor reminiscent of Yamamotoyama’s “Sushi Bar Style” green tea. The bag itself is a very free flowing nylon mesh; steeping is speedy, but perhaps too much matcha powder ends up settling to the bottom for my tastes.

New Oriental Education & Technology Group (EDU)

Sunday, June 17th, 2007

I’ve decided that every day I will talk about one stock on my watchlist. Today I will mention EDU, which is near a new all-time high:
EDU stock chart
New Oriental Education & Technology Group “provides private educational services based on the number of program offerings, total student enrollments, and geographic presence in China.” EDU, which is on the IBD 100, has an average volume of over 300k and 16.7 million float. It has continued to rise since its IPO less than a year ago and its growth is nice.
Where would I buy and where would I sell? I’d be looking to buy EDU with a break over $50 with volume. If you can get in on the day it does this, you can put your stop pretty close and have a good chance of staying in the trade. In other words, it would provide a nice low-risk spot to start a position. If my stop isn’t hit, then I would put in a trailing stop and relax. Maybe I’d go for a walk in Fairmount Park, stop at the coop and get some organic produce. As EDU continues to rise, I would also profit from much less expense in trading commission. From past experience I have found that it gives me a psychological edge to only have positions that are in profit.

New Footage of Lochness Monster

Saturday, June 16th, 2007

Yeah it looks pretty fake. I like this comment from reddit:

Such a video is no longer sufficient recommendation for an unlikely claim. Show me the beast in a tank in front of me. Let me see it, hear it, smell it, feel it. Then when I am satisfied with that, I shall lick the beast, and know it is true.

And this one:

No monster that has been escaping and hiding for 100+ years will risk it with such irresponsible show off… just basic monter psychology, this is fake.

29 stocks closed at all-time lows

Friday, June 15th, 2007

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

Symbol Price Volume Avg. Volume % Vol. Increase
QID 45.69 20165144 16819400 %19.89
FIG 23.47 5659550 901132 %528.04
END 1.48 1045900 543614 %92.39
OPX 3.17 251500 314248 %-19.96
PDRT 2.11 227861 123693 %84.21

– Click here for today’s full list –

407 stocks closed at all-time highs

Friday, June 15th, 2007

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

Symbol Price Volume Avg. Volume % Vol. Increase High Alpha
XOM 85.94 30133304 21390100 %40.87
NVDA 39.55 18065336 10455900 %72.77
XLE 70.98 16225497 19169600 %-15.35
EEM 132.42 15010900 8519350 %76.19
COP 80.52 11943017 11142800 %7.18

– Click here for today’s full list –

Garmin Ltd. (GRMN)

Friday, June 15th, 2007

I’ve decided that every day I will talk about one stock on my watchlist. Today I will mention GRMN, which is at a new all-time high and looks to go to $100:
GRMN stock chart
Garmin Ltd. “engages in the design, manufacture, and marketing of navigation, communications, and information devices that are enabled by global positioning system (GPS) technology worldwide.” GRMN, which is on every trader’s list, has an average volume of about 2 million and 124 million float. It has gone straight up since its IPO five years ago and its quarterly earnings growth is awesome.

41 stocks closed at all-time lows

Thursday, June 14th, 2007

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

Symbol Price Volume Avg. Volume % Vol. Increase
CDL 6.05 14493185 1475570 %882.20
MPEL 12.08 2603302 2250450 %15.67
TWTR 0.21 685516 914451 %-25.03
VSE 14.38 657400 866718 %-24.15
ACUS 2.22 630150 749674 %-15.94

– Click here for today’s full list –

264 stocks closed at all-time highs

Thursday, June 14th, 2007

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

Symbol Price Volume Avg. Volume % Vol. Increase High Alpha
XOM 84.77 19598838 21470700 %-8.71
XLE 70.11 19201792 19108800 %0.48
FCX 83.65 11161571 10526000 %6.03
OIH 175.35 9392900 9748510 %-3.64
SLB 84.23 7376492 8698430 %-15.19

– Click here for today’s full list –

For non-believers of the exponential growth of information technology and its impact on humanity: Life before the Segway

Thursday, June 14th, 2007