BluelightNewsletter

Disclaimer: My personnal opinion is for your entertainment only & should not be used as advice on your decision. I may sell or buy (to cover) my holding according to the market movement. I am not a licensed financial advisor. Please always do your own DD. Set protective stops & not be too greedy. You are responsible for your own decision. I wish you good luck trading. -Blue

Friday, January 30, 2009

US stocks: Half full or half empty?
Reuters - 15 minutes ago
-- Elvis Picardo is a strategist and analyst with Global Securities in Vancouver, Canada. The opinions expressed are his own. -- By Elvis Picardo VANCOUVER (Reuters.com) -- The Stock Almanac's January Barometer states that as the S&P 500 goes in January, so goes the year. If that's the case ...
Stocks Drop in Light of Falling GDP TheStreet.com

Thursday, January 29, 2009

GFI, reached 11.24 today, called (Bought GFI@8.47, Target:8.63, 8.9 or sell today -Jan 20)//once up +32.7% since called last Tuesday.

Wednesday, January 28, 2009

  1. LNC, reached 20.88 today & now 20.64(+21.77%), called(PFG now looks good agin. Bought LNC@16.95, Target:17.2, 18.49, 19 stop:15 ... -Jan 26)//added more around 16 on Jan 26.//once up about +26% within 3 days.
  2. PFG, reached 20.7 today & now 20.48(+24.2%), called(target: 16.6, 17, 17.8//Re: DOW now stands above 8178, bought PFG@16.02(typo) -Jan 21) //once up +29.2% since called

  3. MI, reached 7.84 today & now 6.85(+8.73%), called(Bot MI@6.05, Target:6.3,6.5, 6.8 -Jan 23) //once up +29.6% within 4 trading days

  4. TWB, reached 3.35 today & now 3.20(+8.47%), called(Bought TWB@2.99 Target:3.3, 3.6, 3.8 stop: 2.7 -Jan 27)//once up +12% within 2 days
  5. JDSU, reached 4.28 today & now 4.07(+9.41%), called(Bot some JDSU@3.66, Target:3.83, 3.9, 4.1 STOP:3.47 -Jan 27)//once up +17% within 2 days

Recent 3 days' picks: LNC PFG MI TWB JDSU

12:21PM ET

  1. LNC 19.95 +3.00 +17.70% 2,457,584
  2. PFG 19.67 +3.18 +19.28% 2,243,731
  3. MI 6.74 +0.43 +6.90% 2,939,366
  4. TWB 3.18 +0.23 +7.97% 127,921
  5. JDSU 4.12 +0.40 +10.75% 1,749,311

Monday, January 26, 2009

GFI, reached 10.37 & now 9.86(+1.96%), called (Bought GFI@8.47, Target:8.63, 8.9 or sell today -Jan 20)

//once up +22.4% within 5 trading days.

Friday, January 23, 2009

DRYS once dropped to $9 today, down nearly $7 since Jan 12, Monday.

Tuesday, January 20, 2009

Bank shares sink as investors fear more losses
Reuters - 1 hour ago
By Juan Lagorio NEW YORK (Reuters) - US bank shares sank on Tuesday, with Citigroup and Bank of America hitting their lowest levels since the early 1990s, after State Street Corp said it needs to raise capital and Royal Bank of Scotland posted the ...
Bank stocks pummeled as worries mount The Associated Press

Friday, January 16, 2009

SINA: reached 22.32 today, nice run

Thursday, January 15, 2009

DRYS: on way to 2nd target $13, picked/short on Monday

Better stay on sideline before market gets stable.

Wednesday, January 14, 2009

SINA: yesterday's pick@20.47

rising good so far, once reached 21.78 today.

Pre/market: a gap down to open lower

It could likely bounce back if this is the last gap down for this round of pull back.
JMHO

Stock futures lower after retail sales report- AP

Tuesday, January 13, 2009

Market seems to be near a ST bottom?

Friday, January 09, 2009

Wall St Week Ahead - Obama optimism seen blunting earnings woes
Reuters - 1 hour ago
By Deepa Seetharaman NEW YORK, Jan 9 (Reuters) - Wall Street's enthusiasm for President-elect Barack Obama may come full circle next week as he prepares to take office and help to offset what many expect will be a barrage of bleak corporate earnings ...
Stocks slide after rise in unemployment rate The Associated Press
Layoff Nation: Job Losses Keep Coming ABC News

Thursday, January 08, 2009

MBI, reached 5.77 today, called@4.04 last week

MBI reached 5.77 today & now 5.65(+11.53%), called(Risky play, bottom-fishing: MBI@4.04, Target:4.4, 5, 5.5 stop:4 -Dec 30)

//once up +42.7% since called.

Wednesday, January 07, 2009

Review of Recent Picks:


  1. BUCY reached 23.46 on Jan 6, called(Bought BUCY@20.42, Target:21, 22.5, 23 -Jan 5)//once up +14.9% within 2 trading days.
  2. ENER: reached 30.32 on Jan 5, called(Typo: bought ENER@23.5 //Re: Shorted ENER@13.55 Target:24, 24.5, 25 stop:23 -Dec 29)// once up +29% within 5 trading days.
  3. HIG: reached 19.91 on Jan 6, called(Bought HIG@15.9, Target:16.3~16.8 -Dec 30)//once up +25.2% within 5 trading days.
  4. STP: reached 14.18 on Jan 5, called(ENER now 23.9, sold too early. Now bought STP@10.94 Target to sell: 11.4 ~11.7 -Dec 30)//once up +29.6% within 4 trading days.
  5. LDK: reached 15.65 on Jan 6, called(bot LDK@13.3 Target:13.7, 14.3, 14.8 stop:13 -Dec 30)// once up +17.7% within 5 trading days.
  6. MBI reached 5.41 today & now 5.03(-0.79%), called(Risky play, bottom-fishing: MBI@4.04, Target:4.4, 5, 5.5 stop:4 -Dec 30)//once up +33.9% within 6 trading days.
  7. ANR reached 22 on Jan 6, called(Back in ANR today //Re: bought ANR@15.66, Target:16, 16.25,17 stop:15 -Dec31)//back about 15.35, once up +43.3% within 4 trading days.
  8. UYM reached 17.52 on Jan 6, called(Bot UYM@14.4 Target:14.8, 15, 15.3 stop:14 -Dec 31)//once up +21.7% within 4 trading days.
  9. MTL reached 5.05 on Jan 6, called(bot MTL@4.44 Target:4.66,5, 5.4 stop:4 -Jan 2) , //once up +13.7% within 3 trading days. .. on Jan 5( ..added more MTL@4.32 . ....)//once up +17%

  10. LIFE, reached 25.6 on Jan 6, called(I tried some LIFE@22.3 selling target:22.6, 23, 23.5 stop:21.8 –Dec 24)

Tuesday, January 06, 2009

ANR rose again to now 21.96(+9.9%), bot@15.35

Yesterday's pick: BUCY

BUCY now 23.08(+6.8%), called(Bought BUCY@20.42, Target:21, 22.5, 23 -Jan 5)//once up +13% within 2 days.

Monday, January 05, 2009

Recent plays: ANR vs. MTL

  1. ANR reached 20.81 today & now 20(+8.81%), called (Back in ANR today //Re: bought ANR@15.66, Target:16, 16.25,17 stop:15 -Dec31)//back about 15.35 //once up +35.6% within 3 trading days.
  2. MTL, seems quite undervalued here. May go higher soon.



================MTL ================
Revenue (ttm): 10.62B
Revenue Per Share (ttm): 25.506
Qtrly Revenue Growth (yoy): 400.30%
Gross Profit (ttm): 2.52B
EBITDA (ttm): 3.61B
Net Income Avl to Common (ttm): 1.85B
Diluted EPS (ttm): 4.43
Qtrly Earnings Growth (yoy): N/A


Balance Sheet
Total Cash (mrq): 137.40M
Total Cash Per Share (mrq): 0.33
Total Debt (mrq): 5.17B
Total Debt/Equity (mrq): 1.141
Current Ratio (mrq): 0.677
Book Value Per Share (mrq): 10.873

Friday, January 02, 2009

Two picks on Wednesday

ANR reached 18.56 today & now 18.38(+13.53%), called(Back in ANR today //Re: bought ANR@15.66, Target:16, 16.25,17 stop:15 -Dec31)//back yesterday about 15.35

UYM reached 15.92 today & now 15.74(+9.76%), called(Bot UYM@14.4 Target:14.8, 15, 15.3 stop:14 -Dec 31)
ENER: reached 27.95 today, called(bought ENER@23.5 Target:24, 24.5, 25 stop:23 -Dec 29)
// up +18.9% since called on Monday

MBI: insiders buying a lot recently

It's been one of the most depressed stocks within the last 2 years.