Tag Archives: $MCD

A Reduction in Exposure

This was a “grin and bear it” kind of day in the stock market for yours truly.  The morning started, appropriately enough, with my only short position ($MCD) as the lone stock in my entire portfolio in the black.  I … Continue reading

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On Losing

Of late, I just keep driving in neutral with my trading.  My account balance just keeps trading water…I’ll appear to make some headway only to find myself (stupidly) holding through an earnings miss or an analyst downgrade.  I’m hitting a … Continue reading

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08/08/11 Casserole

Instead of banter on about the events at the Stock Exchange today, I’ll start by sharing with you a recollection of this day, 13 years ago…it was the summer of 1998.  This night and the next (8/8 and 8/9) were … Continue reading

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Supersize Me

I have been writing about taking a position in $MCD for the past 2-3 days and finally decided to pull the trigger on the trade with about 5 minutes to go in Friday’s trading.  After a lengthy deliberation, I decided … Continue reading

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Degenerate Trader Who Hates America

Ok, not really…but I did buy a degenerate position in the $QQQ 53 weekly puts this morning @ 0.13 and sold them an hour later at 0.51.  I was willing to lose the entire premium, so it was a very … Continue reading

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08/04/11 Watchlist

Ok, who am I kidding, a watchlist?  Come on.  This was one of those transcendental kind of days that you just have to sit back and observe.  There aren’t many days that I can remember when the market drops over … Continue reading

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Watchlist 08/03/11

The following stocks have been removed from the watchlist (reason): $ACAS (closed below 9.50, lower BB and 63 EMA) Today’s List: $KO: I opened a call option position in $KO today, buying Sept 67.5 calls @ 1.57.  I’m happy with … Continue reading

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