Archive for May, 2008

links for 2008-05-22

Thursday, May 22nd, 2008

58 stocks closed at all-time lows

Wednesday, May 21st, 2008

“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
UAUA   UAL Corporation    8.15 20344972 5533560 %267.66
LCC       5.35 9637531 3735740 %157.98
JBLU       4.36 9427768 5411360 %74.22
BARE       18.43 1852470 1132770 %63.53
FMD       2.98 1636197 2794490 %-41.44

– Click here for today’s full list –

74 stocks closed at all-time highs

Wednesday, May 21st, 2008

“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
PBR        75.19 25965292 18688400 %38.93
USO        108.31 17163776 8004490 %114.42
CSX        68.85 8816381 5706100 %54.50
ANR        71.67 5494662 3330920 %64.95
GNA        17.77 4872723 1398230 %248.49

– Click here for today’s full list –

links for 2008-05-21

Wednesday, May 21st, 2008

35 stocks closed at all-time lows

Tuesday, May 20th, 2008

“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
UAUA   2143,1355,1395,1540,1521,1481,1493,1490,1610,1589,1500,1415,1382,1354,1371,1400,1371,1417,1438,1381,1242    12.42 5973311 5496730 %8.67
BE   171,180,188,191,185,185,185,192,187,189,189,181,176,172,186,161,163,155,154,152,150    1.5 1671951 1758840 %-4.94
TICC   761,731,737,768,754,733,739,728,757,787,783,763,728,722,703,735,719,734,711,659,631    6.31 1235395 227239 %443.65
XRIT   449,422,422,447,442,268,264,252,275,290,274,261,245,234,200,196,200,200,194,189,143    1.43 1162126 521927 %122.66
QMED   9,8.14,8.69,9.3,8.69,8.98,8.4,7.4,8,8.5,7.17,10,9,8.9,9,8.86,7.11,8,4,4.51,3    0.03 898545 185868 %383.43

– Click here for today’s full list –

136 stocks closed at all-time highs

Tuesday, May 20th, 2008

“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
XLE   8454,8458,8392,8172,8288,8302,8115,8175,7996,8147,8265,8484,8326,8493,8477,8430,8568,8470,8582,8895,8950    89.5 22751968 23579200 %-3.50
PBR   6441,6381,6309,6103,6167,6138,5840,6071,6097,6221,6327,6514,6338,6378,6460,6570,6735,6627,6827,7065,7219    72.19 16279877 18558300 %-12.27
CVX   9403,9448,9240,9269,9250,9474,9615,9494,9532,9562,9687,9528,9744,9739,9736,9773,9772,9849,10038,10220,10309    103.09 16271025 11738000 %38.61
COP   8489,8448,8289,8357,8444,8545,8615,8664,8688,8718,8874,8791,8945,8871,8859,8862,8854,8931,9198,9270,9355    93.55 15880963 11689100 %35.86
EWZ   8920.9,8865,8639,8760,8713,8393,9032,9182,9340,9385,9440,9141.8,9240,9288,9471,9502,9425,9682.8,9954.5,10003,10047    100.47 14818674 14081100 %5.23

– Click here for today’s full list –

ATS -2.24R

Tuesday, May 20th, 2008
-2.24R
-$450.99

The market fluctuated today. The automated trading system got a bit chopped up, going 0 for 3. We lost the connection to the internet at one point and it threw things off a bit. You can’t win them all.

links for 2008-05-20

Tuesday, May 20th, 2008

Peter Thiel invests in The Seasteading Institute

Monday, May 19th, 2008

Thiel put down $500,000 so The Seasteading can start to build city-states in the open ocean. Sweet.

“Government is an industry with a really high barrier to entry,” he said. “You basically need to win an election or a revolution to try a new one. That’s a ridiculous barrier to entry. And it’s got enormous customer lock-in. People complain about their cellphone plans that are like two years, but think of the effort that it takes to change your citizenship.”

It’s an interesting idea, anyway.

Even if their big idea doesn’t end up panning out, their story should live on in internet lore for confirming the dream that two guys with a blog and a love of Ayn Rand can land half a million dollars to pursue their dream, no matter how off-kilter or off-grid it might seem.

ATS +6.2R, short Giant Interactive Group, Inc. (GA)

Monday, May 19th, 2008
+6.2R
+$1233.36

The automated trading system made a new high in terms of accumulated R (risk per trade) and profit ($) today. It always feels good when that happens, especially after a nosedive start to the month of May. Now we’re up over 10R on the month with a 35.48% win rate and 0.16 expectancy.
Today the Damn Thing made a beautiful short trade on GA - I don’t think I could’ve done it any better:
shorting GA