Posted: 1 month(s) and 28 days(s) ago   |   0 Comment(s)   |   Rating: 1 0
Posted by: edwindiaz

As we all know, the world changed drastically on Sept. 11, 2001, when the twin towers of the World Trade Center fell.

This year, on the eve of Sept. 11, the twin towers of Fannie Mae and Freddie Mac crumbled. Then, on Sept. 15, Lehman Brothers and Merrill Lynch disappeared. Actually, that was a triple-tower collapse if you count AIG.

In a few years, the biggest pair of towers will collapse: Social Security and Medicare. Even today, they're looking shaky. How many ground zeros can we as people, a nation, and a world withstand before we admit something is very wrong with our global financial systems? What will it take to wake us up?

Government Can't Fix It

Personally, I believe the biggest it's a problem that so many Americans are looking to this year's presidential candidates, Barack Obama and John McCain, to save our financial system. How did we become so financially weak that we surrender our economic independence to politicians? Where does it say in the Constitution that the government should solve our financial problems?

And why have so many people throughout the world come to expect financial life-support from their political leaders? It seems most people will vote for anyone who promises a chicken in every pot and a guaranteed mortgage payment.

We're in the midst of a problem neither candidate can solve: A lack of comprehensive financial education in our school systems. What else explains the economic blunders committed by our political and financial leaders? Or why so many consumers are in debt up to their eyeballs? Or why millions of people expect a quick government fix of some kind?

Under Water

A few months ago, a friend of mine from Hawaii asked me if I wanted to buy his new powerboat with twin motors. Apparently, in late 2007, he purchased it brand new for approximately $85,000. His plan was to refinance his house when it appreciated in value and use the difference to pay for the boat.

Failing to obtain new financing, he called to ask me if I would buy the boat from him -- just take over the payments and it was mine. I passed, and the bank eventually repossessed his boat. Later, his wife called to tell me he's now having problems making his mortgage payments. Apparently, my friend planned to pay for his house the same way he planned on paying for the boat, by refinancing his debt.

I mention this story because it illustrates the problem Obama or McCain face: Limited financial education and diminished financial common sense. Apparently, my and the nation's business leaders all went to same school of finance.

A Cynical Aside

If you want to know why the towers of American capitalism are crumbling, I recommend reading "The Creature from Jekyll Island" by G. Edward Griffin. It's not an easy book to find, but once you start reading it's to put down. In fact, in many ways it's a murder mystery about the financial "murder" of the middle class.

A very important lesson in the book is how political leaders use financial spin to deceive the public. The very, very rich use the system to legally steal from the rest of us by appealing to our sense of patriotism. When our leaders say, "We're bailing out Fannie Mae and Freddie Mac because we want to protect the American people," they really mean "We're saving our rich friends."

All the bankers and politicians have to do is wave the red, white, and blue, play a few bars of "Yankee Doodle," and the masses get teary-eyed and pledge greater allegiance to legalized robbery. Yes, it's true that ignorance is bliss -- but ignorance is also expensive, and it cost us our freedom.

Freedom at Peril

A bailout can be different things. First, printing more money is a kind of bailout that leads to higher inflation. Rather than protecting people, it makes life for the poor and middle class more expensive. The other kind of bailout is protection for our rich and incompetent friends. If you or I fail at business, we fail. If we cheat and fail, we go to jail. But if you're rich and politically connected, your incompetence may be protected by a government bailout.

As a former Marine and a Vietnam War veteran, it saddens me to see some of the freedoms I thought I went to war to protect being stolen from us by bankers and politicians. Unfortunately, few Americans know the difference between the words "nationalize" and "socialize." Socialize means we turn more of our personal powers over to Big Brother, not free enterprise. It means we as a people grow weaker and need a higher power -- the same power that got us into this mess -- to protect us.

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Posted: 5 month(s) and 21 days(s) ago   |   0 Comment(s)   |   Rating: 0 0
Posted by: edwindiaz

RZ has a current Value of $1.15 per share. Therefore, it is overvalued compared to its Price of $9.72 per share.  Value is computed from forecasted earnings per share, forecasted earnings growth, profitability, interest, and inflation rates. Value increases when earnings, earnings growth rate and profitability increase, and when interest and inflation rates decrease

Sales Growth: Sales Growth is the Sales Growth Rate in percent over the last 12 months. RZ has a Sales Growth of 0.00% per year. This is poor. Sales Growth is updated each week for every stock. It is often useful to compare Sales Growth to Earnings Growth to gain an insight into a company's operations

Good For Shorting 

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Posted: 5 month(s) and 28 days(s) ago   |   1 Comment(s)   |   Rating: 0 0
Posted by: edwindiaz

While this is a very basic topic, it's crucial to understanding how to make money trading stocks. Since 90% of traders are known losers, it's obvious that elementary lessons like this are essential nonetheless.

When you enter an order to trade a stock, your broker gives you the option of either buying, selling, selling short or buying to cover using a market order, meaning an order that will be executed at the current market price, or a limit order, which is an order that will be executed only at a price at or better than the price you specify.

In a decade of incredibly active trading, I've never used a market order - not even once - preferring instead to use limit orders. Because I've never wanted to buy or short sell a stock badly enough to be willing to throw my money into the ring without carefully considering the price I'd pay for that stock.

Don't get me wrong, I've made plenty of bone-headed trades on stocks I had no business trading in the first place. But even then, I never questioned using limit orders.

It comes down to trade management

Forget about wild price swings of several dollars per share, often times the difference between success and failure on a trade comes down to execution - meaning how close your actual entry and exit points are to your expected price points.

Since it costs the same to use a market or limit order (forget about adding or removing liquidity from a market, that's a topic for another time), why even risk your execution getting away from those price points when you use a market order? After all, that is what you're risking when you choose a market order over a limit order and the only people I know who follow that dangerous route are those whose trading is influenced by their emotions.

If a trade is based on hype or greed, you want to get in or out of a stock immediately- no ifs, ands, or buts. No matter how perfect a chart setup, a company's fundamentals, or breaking news is that you must be wary of getting bad fills at all cost. Traders must learn to ignore these emotions and focus on getting the best prices possible in order to give yourself the best chances at profiting.

Now I know what many of you are thinking - you never worry about this because you're trading the world's most actively traded companies, stocks like Intel (INTC | Quote | Chart | News | PowerRating) and Citigroup (C | Quote | Chart | News | PowerRating), where the spread (the difference in price between the bid and ask) seems permanently fixed at only a penny or two per share. Well, as improbable as it may seem, sometimes important company, industry or market news is released the very second you place your order, greatly influencing a stock price in either direction, and if you use a market order you may find yourself with a very poor execution.

And while the chances of that happening are slim, it's even more common for brokers and market makers to take advantage of your desperation for a trade execution and fill your order at a slightly worse price; costing you anywhere from hundreds to thousands or even tens of thousands of dollars depending on the size of your order.

For me, when I buy or sell short a stock, it isn't about what I think the company is truly worth - my opinion is meaningless. What matters is what others think and what price they're willing to pay based on that thinking.

By using limit orders, I ensure a satisfactory execution. And, if none or only some of my order executes - as often times stocks run too hard and too fast, blowing past my limit price - then it's probably for the best because experience has taught me not to chase stocks. Obviously buying to cover into a short squeeze is an altogether different animal - on those you need to get out as soon as possible - so I just place my limit far above the current price, still cautious not to wildly overpay or open myself up to getting taken advantage of by many of Wall Street's nefarious players.

And, of course many people don't trade the most active stocks. Instead they look for an "edge" or better odds in less popular names. Maybe they focus on stocks like True Religion Apparel (TRLG | Quote | Chart | News | PowerRating) or Third Wave Technologies Inc. (TWTI | Quote | Chart | News | PowerRating), since both are currently breaking out to new 52-week highs, and in these cases it's even more important to use limit orders because the price spread can range anywhere from $0.03 to $0.40 per share.

No matter how small or large your order is, the difference between a good and poor execution is no longer just an afterthought: now we're talking 1, 2 and 3% price swings.

Perhaps most importantly are the two key advantages to using limit orders, good-till-canceled (GTC) orders, and using the greed/impatience of others to receive better fill prices.

GTC orders

Since you've designated a certain price for your order, you have this option to keep your order open for 30-90 days, depending on the brokerage firm. In essence, you're letting the price come to you so you're not forced to limit your timeframe to just one trading day, as those who place market orders do.

And even better, since many specialists, market makers and other traders have the mindset of raking in steady profits and commissions, if you display some added patience and place your limit order aggressively, meaning your order price is not close to the current market price, the chances of it executing are slim. But you might just catch one or more of these market players asleep or in a bind.

Stop losses can get taken out and push the price to your limit, or other traders may wind up needing to use their capital elsewhere, or they may just want the commission from the trade execution. Either way, you get executed at your aggressively priced limit. And that execution price is truly ideal because you weren't rushed as so many others in this industry are. Achieving ideal entry and exit points dramatically increases your odds of trading successfully.

So, demand more from yourself whenever you place a trade. Be disciplined, be cautious, and be wary. Thinking this way will surely cost you a few missed opportunities, but the money saved over time from minimizing poor executions and emotionally charged trades will make it well worth your while

Timothy Sykes writes the blog timothysykes.com, is a former hedge fund manager, star of the TV show Wall Street Warriors, and author of the book, An American Hedge Fund: How I Made $2 Million as a Stock Operator & Created a Hedge Fund

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Posted: 6 month(s) and 1 days(s) ago   |   0 Comment(s)   |   Rating: 0 0
Posted by: edwindiaz

My Latest Successful Scalp Trade: PokerTek Inc (PTEK)

Shorting a spike like PTEK may sound simple—stock up big on hype and fluff news, me think it go down, me short—but outside of snakeoil world, there’s a few more real world variables to consider. Of course, when I shorted 1,000 shares into a spike at $5.60 (already off its highs though, reducing my risk of further spikage) this morning, I thought it would go down—there was a wall of sellers behind me, buying volume had diminished and if it could take out morning support at $5.40, it could really tank and perhaps go negative on the day cracking $5.15 and then it’d be tough to get much past $4.80-$5 considering that was yesterday’s support.

Buuut it was still green on the day, it was a morning short going for a quick reversal so it wasn’t ideal, and there were big block buyers. Oh yeah and there was that little thing where I have about a dozen writing assignments due in the next 2-3 days—blog posts, AOL & Yahoo articles and LiveStock scripts—so I wouldn’t be able to watch this all day like I typically do.

The good news is I was dead on—within 10 minutes, sellers gradually built strength and got determined enough to take out the buyers at $5.40…expecting to cover into panicking longs who would be fleeing, I placed my buy to cover order at $5.16—just above yesterday’s closing price. My reason—it’s tough to go from big up to big down, unless the situation is truly ideal, so I figured I wouldn’t risk it…a $450ish profit would be enough for me.

But when a few longs did panic, a big order at $5.20 held and it never got to my buy point. As I saw all those sells into $5.20, I coulda woulda shoulda upped my limit to $5.21, a mere $50 less and I probly woulda gotten my entire order.

But I didn’t and when big buy orders of 5,000 and 15k—probly fakes meant to scare shorts—came in in the $5.20s and $5.30s, I said screw it, tae my profit and get some writing done, covering into the ask at $5.40, a safe $180 profit after commissions.

So you can see the trade was good and bad—good cuz I used the variables to tell me a morning drop was likely so it was okay to bend my rules about waiting to short until the afternoon (I can always reshort if perfect fading action occurs) but bad cuz I got greedy and refused to budge from my unrealistic exit price.

Right now the stock is gyrating between $5.20 and $5.40, lots of big buy orders, sellers determined, still green on the day, I hope we get a spike to make the pattern last one more day, but it’s not looking good. While everyone likes to say “oh, it’ll be under $4 by the end of the week” I prefer to focus on predicting small moves, with the chance that they’ll become big ones. This is much safer and more probable than aiming for $1.50/share profits right off the bat.

 PS ROYL did crack support at $8.80, but it was a messy breakdown–meaning lots of buyers everywhere blocking the path to lower pirces–and it didn’t get much further…which actually is a buy signal as now it’s already spiked 75 cents higher…gotta go both ways baby

UPDATE: Reshorted 1,000 shares when it did in fact look like it was gonna go negative on the day at $5.20…got the gradual fade action, took it all the way down to $4.70, but since I was too greedy on the last crack, I didn’t have an open buy order, so I missed that drop, buyers came in on the bid, I covered into the ask at $4.90ish…another $300 in profits for the day…$150 or so in missed profits…but it goes to show how you can make $500/day without being anywhere close to perfect!

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Posted: 6 month(s) and 4 days(s) ago   |   0 Comment(s)   |   Rating: 0 0
Posted by: edwindiaz

I might’ve told you once, twice, three times a lady…I have some big plans for LiveStock…but to pull it off, I’m gonna need your help cuz the fun really only starts after I get enough viewers/sponsors to make this thing into the interactive behemoth it’s meant to be.

To start, click the link below to embed the LiveStock video player in your Facebook profile

http://apps.facebook.com/mogulustv/?channel=livestock

It’s just like embedding a Youtube video except the Mogulus video player is better cuz this one player plays and archives all future shows….yeah, it’s cool. And, if you wouldn’t mind sending that link to 1,000 of your closest Facebook friends, I’d be much obliged…really gotta make this thing go viral as then the possibilities are endless…

And LiveStock even has its own social network which you can check out right HERE and join right HERE. … [visit site to read more]

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Posted: 10 month(s) and 21 days(s) ago   |   0 Comment(s)   |   Rating: 0 0
Posted by: edwindiaz

For those of you who are "Riding  BEARISH, we went long today with selected Ultra Short ETF's. Aggressive Investors and Traders should play the market to the downside. After an encouraging rally on Monday, the Price of  NASDAQ fell four straight days to close the week at 2340.02 and now we look to make money with   ETF .. i hope you make money next week with our bearish stocks

weeklyxpress.com 

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Posted: 10 month(s) and 25 days(s) ago   |   0 Comment(s)   |   Rating: 0 0
Posted by: edwindiaz

WELL Like it say we shuld be ready to play  up side but, not yeat  i see another leg on nasdaq touching 2400 it could be happen ,, but i will be short if the market has green  tuesday give me the signal to trade short time ,, why i say that am still belive another leg  down  i hope not but for now im short not trade long

-----------------------------weeklyxpress.com------------------ 

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