Portfolio. New stakes.

New stakes
Long. Technology
IBM
SOHU
MSFT

IBM
MSN rank 8
large non-US revenue base
IBM's Q109 results indicate its strong position in emerging markets, which should continue to help drive growth.
Company has focused on driving its bottom line through cost cutting efforts. It re-affirmed EPS guidance for the full year of 2009 and 2010. Although, revenue is not expected to grow by much, expecting margin improvements in 2009.

MSFT
MSN rank 8
Big hedge fund support
Nice classical coefficients

SOHU
MSN rank 9
Sohu - is the second-largest Internet portal and one of the most well-known online brands in China. Sohu's pipeline for its new online games remains strong and is expected to drive meaningful growth in late 2009 and 2010.
The company spun-off part of its gaming division Changyou.com via an ADS offering, which is expected to increase its user base and help gain shares in the MMORPG (massively multi-player online role-playing game) market. We are also encouraged by the company's growing cash balance as well as its debt-free balance sheet.
We believe that the current stock price does not fully reflect the company's intrinsic value. Concerns related to online ad spending, as consumers remain cautious in their spending.

Shorts
Industrial Goods
MHK - textile
SPWRA - general conducator
VOXX - Electronics Wholesale
TECUA - General Building Materials

Also we shorted aditional 700 shared on DW for portfolio long/short balancing.

Portfolio overview

My thanks to SeekingAlpha . Its wonderfull resource!
For today we have fully balanced portfolio on Beta coefficient.
BCS - 3000 shares
P/E ROE% Div Yield% Price to book Value Net profit margin%
4,9 14,63 9,6 0,63 28,97
Can Slim Rating - 82
Key Abu Dhabi investor on Barclays sold his stake yesterday. Analysts began to speak that this is a time for profit taking on financials. We have a risk that we will see self powered down trend on financials on this catalyst. But also we can suppose thats nothing fundamentaly change on this and BCS is still attractive for investors and they could use this possibility to long BCS.
Paulson & Co hedge fund have short stake on Barclays @16.86
BCS havent now institutional support.
If BCS will not find large investor in short time - we will close this position.


Below our gold stakes. About our look on precious metals i wrote before.
NEM
P/E ROE% Div Yield% Price to book Value Net profit margin%
34,17 7,85 0,82 2,73 11,66
Can Slim Rating 74
MSN Rank 9


ABX
P/E ROE% Div Yield% Price to book Value Net profit margin%
52,31 4,11 1,1 2,14 20,31
Can Slim Rating 73
MSN Rank 6


HMY
P/E ROE% Div Yield% Price to book Value Net profit margin%
15,12 6,29 0 1,4 32,35
Can Slim Rating 93
MSN Rank 9

Shorts
Our trucking picks
Trucking shipment data is often a gauge of overall economic health, because truckers haul more than two-thirds of all U.S. manufactured and retail goods.
The American Trucking Association's advance seasonally adjusted truck tonnage index fell 2.2 percent in April, after plunging 4.5 percent in March.
Compared with April 2008, tonnage shrank 13.2 percent, marking the worst year-over-year decrease of the current cycle and the largest drop in thirteen years.
We can expect trucking growth when we will see recovering in real sectors of economy. This is sector which have delay from overall economy. We are looking to USA indicators of buissness cycle. Here we can see that down trend is over. So lets keep eyes on it closely.

CNW
P/E ROE% Div Yield% Price to book Value Net profit margin%
-15,53 1,3 3,34 -15,82
Can Slim Rating 61
MSN Rank 4


ABFS
P/E ROE% Div Yield% Price to book Value Net profit margin%
282,75 0,4 2,2 1,15 -5,34
Can Slim Rating 45
MSN Rank 6


FWRD
P/E ROE% Div Yield% Price to book Value Net profit margin%
20,34 14,88 1,4 2,81 -3,21
Can Slim Rating 20
MSN Rank 4

Media

VMED
P/E ROE% Div Yield% Price to book Value Net profit margin%
-41,57 2,2 0,86 -16,46
Can Slim Rating 59
MSN Rank 3

Industrial goods - Building Materials
DW
USG



Our portfolio wasnt hedged yesterday and overnight. All short positions was opened today in the morning

Thursday's preparation

As i am some busy with construction more long term portfolio, for today i brought next article from this blog . I cheked it . This guy prepared nicely. Today I will use his picks.

Stock list for Friday

In future i will try have time to write this picks with explenation like before.
TraderFeed's levels here his blog
steenbab6:55 AM CT - $SPY targets: Pivot=89.38; R1=90.59; R2=90.99; R3=91.40; S1=88.16; S2=87.76; S3=87.35. Trading below pivot. $$

Take trade ideas from this place. They are really good.

Pennystocks
Potentional short
VNDA - 11$breakout
TEN - 5$ level
AGM - 6$ level
Potentional longs
ETC - above 2$ lvl (were miss key)
COT - 4.84$ high breakout.
FMAR - 1.5$ lvl if we will see monic panic.
CKEC - 8$ lvl
LAD - 5.25$ lvl
Other
Potentional Longs
HIG - havent nice level for entering yet.
USB - 18$ level
BCS - 16.5$ level
BAC - 11.5$ area.
Potentional Shorts
TX - 14.5$ level
CCE - 16.8 level
BK - 27.5$ level

Global post

Found usefull sites about pennystocks
itradepennystocks
pennystocker
smallcapnetwork
thestockhound
collegestock

InterectiveBrokers should be the best broker for trading pennystocks as bloggers, newsletters write. There is a big list of pennystocks to borrow.

From Monday you can follow me on twitter, where i will write real time my trades and ideas - http://twitter.com/DmytrenkoArtem

Yesterday technology tradings
As last week technology was really weak by bad earnings from NASDAQ bigget companies, I looked to technology companies - AAPL, CSCO, HPQ. I saw nice level on AAPL @128 and decide to short it. Here you can see chart.

I had nearly 150 points of profit but didnt fix it. I saw a reverse at 126.20 region but didnt fix. I thought that AAPL will go again to 128 lvl and after that will move down again. But 128 lvl was broke. I must to fix in 126.5 region but didnt look to how market was strenght yesterday. Ofcoz, to trade big companies like AAPL need to compare real time market strength and AAPL price moving. If we looked to the S&P at that moment we should close this position with a nice profit. Its baby mistake. Should to build trading proccess more strictly to shut out this again.

Trading proccess
We have 2 trading styles running every day in one time.
1st - PennyStock trading
2nd - Trading stocks with intersting chart patterns

At 1st will describe PennyStock trading style
With finviz help we are screen stock with most % gain or loss. Better it works for gain, as pennystocks with big gain can be mostly good candidats for shorts but also we can find some good long daytrade opportunities.
If pennystock have big gain we research "why" this gain was made.
If the reason is really true and we didnt see very large move up before we can long this pennystock on breaking new high.
If the reason is false or we saw that this stock growth a lot with speculative money we looking for sidemove and short on the range breakout.

2nd trading style
For this trading style we are using 2 persons. We are looking as more charts as we can before the market to find interesting technical patterns (mostly its nice support and resistance). For this research we are using two timeframe charts. 5min and Daily (using for see what move potentionaly can make this stock - looking for daily level, patterns, etc).
Other resource of trading ideas is blogs. I still didnt find good resources were i can find nice trading ideas. Have only some like SMB trading desk and StockTwits.
One person looking for informative background for S&P during a day and looking to Dr. Bret indicators. So this person know all about current market conditions, levels, etc. 2nd person look through the stock list which was made before the market and waiting for good opportunities to enter. When 2nd trader see good opportunity to enter he asking 2nd trader about market conditions. The same on close position.
This what we do in briefe. Now i want to write it fully for ourself as logical structure.

Pennystock list for 8th May

Potentional shorts
VNDA - just look how this stock will be trade today.. if we will see activity potentional short on the low breakout @7.39
LEA - closed powerfull after earnings realesed. Waiting for sidemove.
SPPI - short on the breakout @3.4. Target 3-3.2$
GCA - waiting for activity.. if.. breakout @7.27. Target 6.5-7
MNKD - growth without events, news or etc. Will see how it will be traded @6.
ODP - looking for sideway bearish pattern
THQI - if breakout @4.5 short with target 4.2
ARM - look how it will be traded @3$.
TEN - 6.5 breakout, target 6$
ATRC - look to 3$ level. If nice breakout , target 2.5$.