Posts Tagged ‘AAPL’

• It’s All About China Now, Get Used To It
  Posted by Leigh Drogen on June 21st, 2010 at 3:53 pm, Comments: 0

  We better get used to trading in a market that’s all about China because it ain’t going away any time soon.  Frankly, we’ve been trading in that market since July of 2008 when the Chinese central bankers put an end to the appreciation in the Yuan and crushed the commodity complex to prevent run away [...]

• …and that’s why
  Posted by Leigh Drogen on June 7th, 2010 at 5:36 pm, Comments: 0

  If you weren’t already convinced that AT&T $T had put the clamps on its customer’s data usage last week because of fear from new iPhone usage, Apple’s $AAPL annoucement today should close the deal.  Apple announced the iPhone4 today you can get your tech porn fix here. New features include multitasking, HD video recording, new [...]

• It was Inevitable
  Posted by Leigh Drogen on June 3rd, 2010 at 10:58 am, Comments: 0

  If you didn’t see this coming, well, go back to sleep under that rock.  Yesterday AT&T $T announced that it is ending the unlimited data plan for its smartphone customers, as well as its Apple $AAPL iPad subscribers.  Now, before I get into my full rant, oh yes there will be much ranting, let’s get [...]

• In War, Always Leave The Enemy One Exit
  Posted by Leigh Drogen on April 26th, 2010 at 1:27 pm, Comments: 0

  I want to get off a quick note this afternoon regarding the domestic telecoms, primarily AT&T $T and Verizon $VZ.  First, a quick review of the charts: As you can see, both charts speak volumes as to both how poor these companies have executed on a fundamental basis and just how ostracized they have been [...]

• Momentum Book Update
  Posted by Leigh Drogen on January 30th, 2010 at 2:19 pm, Comments: 0

  Another week of schellacking for long only strategies.  The market took a bath this week, led by materials and tech, which until Thursday morning made up about 2/3 of my portfolio.  I was playing buy the dip, it obviously didn’t work.  My cash position at the open on Thursday was south of 5%, I loaded [...]

• iPad
  Posted by Leigh Drogen on January 27th, 2010 at 4:58 pm, Comments: 0

  A few quick thoughts on the new $AAPL iPad.  I won’t give a full review of what I think about the product, there are plenty of other people who can do that far better for you.  I’m not really a tech geek, I just like to look at innovative products from a business and technology [...]

• Narrow Range
  Posted by Leigh Drogen on January 25th, 2010 at 7:21 pm, Comments: 0

  Quick post tonight, but I want to comment on slew of different stuff that I’ve neglected to speak about. We closed a penny away from VWAP on the $SPY today, no coincidence.  Today was the epitome of wait and see, traders are playing some serious chicken.  Don’t be the first to move, wait for the winner [...]

• Momentum Book Update
  Posted by Leigh Drogen on January 23rd, 2010 at 11:17 am, Comments: 0

  Oyyy, it was a tough week for long only strategies any way you cut it.  The market trapped the chasers with three major distribution days and then puked for two straight.  I made a calculated decision to lower my beta early in the week but didn’t significantly raise my cash level.  I still see many [...]

• Momentum Book Update
  Posted by Leigh Drogen on January 15th, 2010 at 5:48 pm, Comments: 0

  An interesting week it was indeed.  We came in on Monday to see the market ripping, it was frothy, and everyone knew it.  Problem was that few were willing to sell into the strength, myself included, for fear of missing out on a melt up move.  I hung on, took some pain, and added a [...]

• the Good, the Bad, and the Churn
  Posted by Leigh Drogen on December 28th, 2009 at 2:55 pm, Comments: 0

  Oh the churn, don’t you all yearn for those days last fall when the market was trading like a schitzo who’d lost their meds.  I remember sitting at my desk saying, they all hate this now, but in a year when things are dead silent they’ll wish the $VIX was back at 60 again.  The [...]