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Picks Performance:
Outperforms
34%
of community
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All-time Return
-7.00%
(in 1 year)
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Risk (SD)
Moderate
0.00%
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Sharpe Ratio
-22.33
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Followers
15
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Winning Picks
86
of
238
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Total Views
61417
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Trader Mark 's Blog Posts
David Malpass: Near Zero Rates are Hurting the Economy
12/06/09
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Following up some excellent commentary he has been doing as a guest on CNBC (see video here) [Oct 16, 2009: The Inverse Correlation Between Stocks and the US Dollar in 1 Chart] David Malpass makes an eloquent argument on how near zero interest rates are hurting the US economy in a Wall Street Journa...
BAC
JPM
NYT: Why Many of the New Home Loan Modifications Fail
12/06/09
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It is so dispiriting to see so much wasted money to support the Ponzi economy and all its subsets such as housing. Rather than allowing the market to clear, albeit painfully but in much more quick fashion, we are borrowing & printing countless dollars and putting the obligations on future gener...
RFMD
SWKS
Bookkeeping: Restarting TriQuint Semiconductor (TQNT)
12/04/09
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Earlier this week we mentioned the RF Semiconductor Stocks were starting to wake up [Dec 2, 2009: RF Semi Stocks Back in Institutional Favor] It looks like we've completely missed the RF Micro Devices (RFMD) train so we'll attempt to catch the last train out of the station here in TriQuint Semicond...
WYN
Bookkeeping: Selling Half of Wyndham Worldwide (WYN)
12/04/09
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Wyndham Worldwide (WYN) has treated us exceptionally well this year, and unlike other stocks we've traded around a core position, only to see the stock race off without us ... this has been an excellent core holdings AND trading stock. It moves up, respects moving averages, pulls back every few wee...
Breakout Buyers Get Whack a Mole'd Again; Back into the Box We Go
12/04/09
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Remarkable... 3 days in a row of reversals after a breakout to new highs.... I think breakout buyers must feel like these critters.
It's been a change of character, since buying a breakout on the index has been one of the most no brainer trades for months on end. Certainly something we've be...
PWRD
Bookkeeping: Cutting Back Perfect World (PWRD) - Again
12/04/09
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Aside from not participating in the rally today, Perfect World (PWRD) seems to be forming a very rare technical pattern called "Annoying Me to No End". It constantly crosses back and down over the 50 day moving average whipsawing us in and out, and bleeding us out of positions with small but consta...
Expanding Range Slightly on S&P 500; Next Key Area 1120
12/04/09
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We've poked our head a bit higher than the highs of yesterday (S&P 1117) on the opening flood of buy orders; a small positive there. The last 2 sessions have been marked by new highs as the market poked its head out of the box, and then reversals back down - so it would seem unlikely for that t...
GLD
Time for an Emergency Rate Hike? Gold (GLD) Takes 2% Hit
12/04/09
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All these years in the market and I've only seem emergency rate cuts to goose the stock market (and economy). With the "good news" today, should Ben Bernanke not be holding an emergency meeting to increase rates today? Will that ever happen in the next 200 years?
Gold is taking a hit (-2%+) as th...
Senator Jim Bunning v Ben Bernanke (Video)
12/03/09
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Thank you Senator Jim Bunning. I know many view you as a crackpot, but it seems the few voices of reason have all been relegated with such terminology of late. As we celebrate Mr. Bernanke for "saving us" from the problems his own institution was the nexus of (talk about irony), in due time he wi...
Weekly Jobless Claims Fall Below 500K Again. Or Do They?
12/03/09
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As we prepare for the monthly fiction that is the jobs report tomorrow morning [Nov 6, 2009: Official Unemployment Rate Hits 10.2%; Reality is Far Higher], Zerohedge posts a damning piece on the "good news" that has been the weekly unemployment claims figure. There has been some celebration of late...
CTRP
Bookkeeping: Locking in Profits in Ctrip.com (CTRP)
12/03/09
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With the caveat that is has been "wrong" to sell any stock, I am going to sell almost all Ctrip.com (CTRP) simply because our position size is not huge - less than 1%. After a stellar earnings report at the beginning of November, the stock gapped up... ran, and then came back to fill its "gap". T...
Bookkeeping: Same Index Trades Entered as Yesterday
12/03/09
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Same bat time, same bat channel. Same entries, same stop outs.
EDIT 10 AM: and the market says "same bat behavior as yesterday". We immediately drop from S&P 1114 to 1110, although today it was run up to S&P 1117 first. I was not even able to get my order for TNA in since the market m...
Geeks Trump Alpha Males as High Frequency Trading Takes Over
12/03/09
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For those newer to the website, we have been early pointing out the changing character of the market, due to the increasing dominance of computer based trading. I first started noticing it in 2006, when the market was wickedly "calm" if you will... this was pre blog and I had been noting on some me...
Day 16 Stuck Inside the Box
12/02/09
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Like hungry <strike>lemmings</strike> gerbils, we almost escaped out of our box, in the 16th day of containment. But someone slammed the lid of our cage back down this AM. No worries, all it takes is some <strike>US dollars</strike> lubricant and we can get this lid unhinged again. ...
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More about Trader Mark
Avg exp holding time:
175.36 days
Website:
www.fundmymutualfund.com
About Me:
I have been in the market in some form since being a teenager, first with mutual funds, than onto to
... more
I have been in the market in some form since being a teenager, first with mutual funds, than onto to stocks. Now it is 20 years later. It has been a passion of mine, and as any investor, I've had my ups, downs, and tuition extracted from learning the ins and outs. "If I only knew then..." and I continue to learn each day. I have a BA in economics from the University of Michigan (Go Blue!), and work in finance (not related to Wall St). Obviously my goal is to work in investment management, so that I don't need to "work" another day of my life.
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