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Archive for 2011

Posted by Martin November 02, 2011

Short Wynn Resorts Ltd (WYNN)

Short Wynn Resorts Ltd (WYNN)

I had a short discussion with one of my readers via emails whether I would be willing to be issuing a newsletter in which I would be presenting my trades. I am not planning to do that at this point. Maybe later. However, I will try to present some of the trades I am considering Continue reading →

Posted by Martin November 01, 2011

Greece hazarding with trust of other countries and investors

It doesn’t even make any sense to comment the news about Greece to vote in referendum about accepting next help from other members of EU. Unfortunately I opened some protective short puts recently which eliminated much of the gains I could make today. But no worries, we will be heading further down. Happy Trading!

Posted by Martin October 27, 2011

Farage: EU agreement is not bailing out Greece, but keeping it in prison

Posted by Martin October 27, 2011

Did EU summit solved the debt crisis in Europe?

The financial market is now enthusiastic about the deal the leaders of European Union reached in overnight summit. The Dow shot almost 4% up today. I, however, wonder how the (today) optimistic investors will react when the actually read the agreement and find out that it was a very vague proclamation solving nothing. I bet Continue reading →

Posted by Martin October 27, 2011

Is this market sustainable?

Some say do not fight this rally, we broke up and running, some say this is not sustainable. Stocks around the world are exploding higher on Thursday after Eurozone officials announced a deal they hope will forestall, if not prevent, a financial meltdown in Greece from spreading throughout Europe and perhaps infecting economies around the Continue reading →

Posted by Martin October 27, 2011

Market jumps 2% on European phrases and proclamations

I wonder if anybody read what was the outcome of the overnight EU summit. As many experts expected, the EU leaders came out with empty phrases and proclamations and no details. The report of the meeting is just three pages long. Generally, EU talked banks and lenders into writing off 50% of the Greek debt, Continue reading →

Posted by Martin October 26, 2011

Funny, China about to invest in bad European debt

In the morning I thought that there would be no such a fool investor who would be willing to put his money into European debt and here we go! China claimed that they would step in and buy European bonds. Thus I do not know who is a bigger fool here. Or maybe China needs Continue reading →

Posted by Martin October 26, 2011

Will a write off of Greek debt solve its problems?

The leaders of EU are debating how to bankrupt Greece effectively and without a sudden shock. They are proposing that banks should write off 60% of Greek debt, but bankers are willing to accept only 40%. But will this write off solve Greek problem? Partially. It would definitely help Greece to balance their budget, but Continue reading →

Posted by Martin October 26, 2011

Market up 1% in the morning on hopes for European “comprehensive” plan

This morning I checked the premarket data to see what is driving or will be driving the market in the morning. And I found an article on CNN Stocks: Optimistic about Europe … for now. So investors are optimistic this morning about Europe leaders who are going to meet today and later on they should Continue reading →

Posted by Martin October 24, 2011

SPX up again! Is it a buy opportunity?

SPX up again! Is it a buy opportunity?

Many investors may be celebrating and cheering up the market’s performance these days. The economic data are good looking, Eurozone is close to a debt solution, the market is rising, all is good! Buy, buy, buy… You may be hearing that or something similar today. But is everything really that bright as it looks? Check Continue reading →