Posted on March 27, 2008 by Jay Landry
For the most part, you can’t short any of the financials. The Fed is on the case. However, I think there is one financial you can short before earnings next month and that is Citigroup (C). I think this company is a disaster. Remember when it was at $50 a share with a 5% dividend [...]
Filed under: Stocks | Tagged: BAC, C, dividend, helene meisler, meredith whitney | Leave a Comment »
Posted on March 27, 2008 by Jay Landry
Sometimes this market makes me feel like I have some sort of skin-itching disease. It’s all quiet on the bull-market front. That makes me feel uneasy. Sometimes even queasy. I hope I don’t need a trashcan for tomorrow’s action as I will be traveling.
It’s just too quiet and the action too weird. Everyone is still [...]
Filed under: The Market | Tagged: adp, DOW, KO, MO, MRK, NYX, PG, short, unemployment, ung, V | Leave a Comment »
Posted on March 27, 2008 by Jay Landry
I have slept so good over the past few nights. I think it is the bed in my hotel room. King-sized bed with four fluffy pillows. Yeah baby! Yesterday, I stayed in my hotel room for most of the morning watching CNBC and doing some online things. There is a free breakfast in my hotel. [...]
Filed under: Travel | Leave a Comment »
Posted on March 27, 2008 by Jay Landry
Are you using margin in your trading account? I read all the time about people who use margin in their trading accounts. Everyone has heard about margin calls lately, but what does that really mean? Should you use margin in your account to leverage your trades?
Let me first say that I have never used margins [...]
Filed under: Portfolio | Tagged: leverage, margin, margin call, options | Leave a Comment »