Summary:
Up 1.0% today. Most of that was due to ALSWF which jumped 6.5% on an announcement that Toshiba will be embedding their laptop security product.
I shorted some YHOO . Their valuation is stretched and they seem to be struggling competitively.
Positions:
Long: JEQ AUY SLW NTO NXG HBMFF ALSWF JAGNF FFHL EGLE AOB XSI NTLRF NLY MDN.TO DSX ONAV ETEL GREXF MLKKF SEA OCNF TBSI TRA
Short: LEN GCI HBI HLS MNI AMZN YHOO
Options:
Cash: 15.2%
Short Pct: 15.1%
Trades: Shorted YHOO@28.88.
Read:
Stocks Researched: IPG (see above)
Hours spent on market: 2.5
Positions most worried about: FFHL, reporting seems suspicious. Metals, due for a drop.
Positions most sanguine about:
Biggest market worries: metal meltdown.
Thinking about: shorting more. Adding MLKKF, EDVMF, ROY.
Outlook ( up-flat-down surety rating: 1-5 reasoning):
US: flat, 2.0;
Tech: ??
Japan: up, 1.0; strong GDP, but weak international markets
China: ??; price action, but getting bubbly.
Silver: flat-down s/t, 2.0, price action; l/t up, 1.0, industrial demand.
Gold: flat-down s/t, 2.0, price action; l/t up, 1.0, industrial demand, GFMS study.
Copper: flat/down, 2.0. Stabilizing stocks.
Zinc: up, 2.0. Declining stocks.
Real life: Busy with studies.
Previous night sleep and exercise: 2.0 hrs; short mi bike ride Sunday.
Mood: Calm, but tired as couldn’t sleep last night.
