Friday, December 31, 2010
Judy picks another possible buy-out winner: IMAX
Yesterday, I bought some call options (actually a bull vertical spread) on IMAX because it bounced from support. I have been following IMAX for years because my stock buddy, Judy, had alerted me to it, in April 2008! Judy liked the 3D theater concept. Check out my first post on IMAX. Judy tells me she first bought IMAX at about$1.25 per share. It is trading premarket today at $30 based on buy out rumors. Over the years a lot of Judy’s “concept” stocks have been bought out by other companies. From time-to-time I post Judy’s picks. Here is a monthly chart of IMAX. (She obviously bought IMAX cheaper before 2008.)
NYT Dealbook: New Round of Financing for Groupon Sets Stage for Late 2011 IPO
Whatever the valuation the story of Groupon is just amazing; this company was not even in existence 10 quarters ago... and now has turned down a deal to be bought by Google for $6 Billion. [Nov 30, 2010: From Startup in 2008 to Potential $5-$6B Buyout from Google in 2010] Just as awe inspiring is revenue over $1B... in 2 years... incredible. Judging by the valuation the rabid "It's 1999 all over again, just replace Alan with Ben" investors have placed on the Youku's of the world (which in a word is cuckoo!), Groupon might be worth $20 billion. [Dec 13, 2010: Careful About that Youku on Your Shoe] Not saying this is a sensible valuation, but with easy money flying out of every orifice and a major dearth of high growth companies in our country, any visible rapid growers are going to attract mounds of money. In Youku terms Facebook should be worth more than Apple + Exxon combined...
And if you are wondering, I asked around if I would have any chance to be part of this sort of financing (which I would be very interested in getting in) and I could tell from the laughter meant no. If you are not one of the kingpins you can forget it.
Via NYT:
- The 30-year-old founder and chief executive of Groupon, Andrew Mason, could raise as much as $950 million from investors in the next few weeks, laying the groundwork for a multibillion-dollar initial public offering in 2011.
- The social buying site, which offers coupons for local businesses, has so far locked up $500 million in fresh capital from Fidelity Investments, Morgan Stanley, T. Rowe Price, and other large investors allowing Mr. Mason and eight other directors to take a significant amount of cash off the table. In the coming weeks, the company could bring in another $450 million, according to a Securities and Exchange Commission filing on Thursday.
- If successful, Groupon's latest fund-raising effort would be the largest ever for a start-up (if?)
- On Dec. 20, Groupon hired its first chief financial officer, Jason Child, a former Amazon.com executive. By Thursday, Fidelity, T. Rowe Price, Morgan Stanley, and others had committed $500 million.
- Meanwhile, Groupon, with revenue above $1 billion, continues to grow at a breakneck pace. In the last month, the site�s subscriber base has jumped 42.3 percent to more than more than 50 million worldwide, the company said.
- Groupon could be rushing its debut, in part, to cement its dominance in the online advertising market. While Groupon is the 800-pound gorilla, it is a highly competitive space that has spawned scores of clones that are becoming viable threats. The No. 2 player, LivingSocial, has more than 10 million subscribers and recently raised $175 million from Amazon. For now, Groupon has first-mover advantage. But that edge can quickly evaporate as Friendster and MySpace learned when Facebook entered the social media fray years ago.
- If they raise all this money privately and then become the first to go public in this space, they will become the de facto winner, said Peter Falvey, co-head of technology investment banking for Morgan Keegan. They have a good lead, but the idea is to go for the knockout punch an I.P.O. would be a huge branding event.
- For Groupon's new class of investors, it is all about that eventual payday. By jumping in now, T. Rowe Price, Fidelity and Morgan Stanley get an opportunity to peer into the company�s books and more important, get in before the public offering so the potential for a windfall is greater.
2010 MultiMarket Performance Returns
Courtesy FinViz.com, I wanted to share the 2010 multiple market performance �" futures contract returns �" for 2010. You might be surprised which markets rose the most in the year.
Here’s the chart with one day left to close out 2010:

Wouldn’t it be neat to have this chart at the beginning of 2010? Wishful thinking. We have to make our positioning in real time with the information we have.
It might be no surprise that precious metals (palladium, silver, and gold) comprise the top of 2010, but did you know how much silver outperformed gold?
Silver prices moved from the $17 level almost doubling to the present value of $31, while gold opened 2010 near $1,100 and ended $300 per ounce up to $1,400. I think most people �" myself included �" didn’t realize the strong performance of silver relative to gold �" at least in pure percentage terms.
The second major fact is that most agricultural commodities across the board did very well, especially Cotton, Coffee, Corn, Wheat and Soybeans. Even sugar beat the S&P 500 this year.
Speaking of stocks, the Small-Cap Russell 2000 beat the S&P 500, rising 26% to the NASDAQ 100’s 19% and the S&P’s 13%.
Smaller, high beta stocks tend to outperform in the early to mid stages of a bull market �" though 2010 had its share of ups and downs and wasn’t as strong as 2009’s near non-stop rally.
Crude Oil and the S&P 500 roughly turned in the same percentage �" up 12% to 13% on the year.
The US Dollar Index, despite the bearish sentiment, ended 2010 about where it started, gaining 1% �" though it too had strong up and down trends during the year.
Currency futures in general were mixed, with the biggest gains above coming from the Japanese Yen and Aussie Dollar �" both up around 14%.
I’ll follow-up with inter-market comparison charts, but in the meantime, have a great New Year’s and I wish you a wonderfully productive 2011!
Corey Rosenbloom, CMT
Afraid to Trade.com
Closing out a great year for the QQQQ, near its 2007 peak; Happy New Year!
Do not look for predictions of the market over the next year. No one knows what the market will do. All we can do is discern the current trend and ride it until it ends. We end the year in the middle of a QQQQ short term up-trend, which reached day 28 on Thursday. The prior short term up-trend lasted 51 straight days and was followed by a 2 days short term down-trend. With the exception of this brief down-trend, the market has been rising for 79 days! It doesn’t get much better than this. The monthly chart of the QQQQ (Nasdaq 100 index ETF) shows the large rise in tech stocks since the early 2009 bottom, followed by a few months of consolidation in 2010 and the continuation of the up-trend for the past 4 months. The QQQQ has risen +18.4% since December 30, 2009. At Thursday’s close of 54.66, the QQQQ is slightly below the 2007 pre-decline top of 55.07. Will it hit resistance here? The Worden T2108 indicator is only at 65%, in neutral territory. So, I will remain fully invested in mutual funds in my university pension, and holding stocks and options in my trading accounts. Next year will undoubtedly bring some down-trends, and I will reduce or eliminate my long positions when they become evident. Until now, let’s all enjoy this incredibly strong market up-trend. Happy New Year to all of my valued readers. I hope you have benefited from my posts. Let me know.
- gmi: 6
- gmi-r: 10
- t2108: 65
Nasdaq Performance on the Last Day of the Year
A subscriber inquiry brought this changing tendency to my attention and led me to investigate further. Below we see the last day of the year performance for the Nasdaq Composite.
The lesson? Sometimes market behaviors change.
Thursday, December 30, 2010
MrSwing Lite - Swing Trading Picks - 12-31-2010
Some Potential Swing Trading Opportunities for today...
These stocks will be monitored by you every day!!! Follow the master plan and you will be on your way to learn to trade stocks like a PRO... enjoy...
The results are generated by my stock screener. Only the first 5 results are displayed here for every scan.
For full results, subscribe now to StockScanPRO for 30 days FREE, then only pay $9.99 a month!.
SECRETS TO GREAT RESULTS:
CONFIDENCE - PATIENCE- FOCUS - DISCIPLINE
Long Swings
Window
Scan Code From www.StockScanPRO.com:
(sma(volume,20) >= 500000)
and
(close() > 7)
and
(adx(10) > 30)
and
(pdi(10) > mdi(10))
and
(high() < sma(close,5))
Results for NASDAQ
0 results for NASDAQ:
Results for NYSE
Displaying 5 results of 23 for NYSE:
| ARM |
NYSE | ArvinMeritor, Inc. | 12/30/2010 |
| BLC |
NYSE | Belo Corp. | 12/30/2010 |
| CAH |
NYSE | Cardinal Health Inc. | 12/30/2010 |
| CMO |
NYSE | Capstead Mortgage Corporation | 12/30/2010 |
| FNB |
NYSE | F.N.B. Corporation | 12/30/2010 |
Results for AMEX
0 results for AMEX:
Results for NYSEARCA
0 results for NYSEARCA:
Swings
Scan Code From www.StockScanPRO.com:
(sma(volume,20) >= 500000)
and
(close() > 12)
and
(force_index(3) <= 0)
and
(force_index(13) >= 0)
and
(adx(10) > 30)
and
(high() < high()[-1])
and
(high()[-1] < high()[-2])
and
(close() > sma(close,10))
and
(close() > sma(close,20))
Results for NASDAQ
0 results for NASDAQ:
Results for NYSE
Displaying 5 results of 9 for NYSE:
| BBT |
NYSE | BB&T Corporation | 12/30/2010 |
| COF |
NYSE | Capital One Financial Corporation | 12/30/2010 |
| JPM |
NYSE | JPMorgan Chase & Co. | 12/30/2010 |
| OC |
NYSE | Owens Corning | 12/30/2010 |
| RJF |
NYSE | Raymond James Financial Inc. | 12/30/2010 |
Results for AMEX
0 results for AMEX:
Results for NYSEARCA
2 results for NYSEARCA:
| FAS |
NYSEARCA | Direxion Financial Bull 3x Shares | 12/30/2010 |
| IYF |
NYSEARCA | iShares Dow Jones U.S. Financial Sector Index Fund | 12/30/2010 |
1-2-3-4
Scan Code From www.StockScanPRO.com:
(sma(volume,20) >= 500000)
and
(close() > 12)
and
((adx(10) + adx(20))/2 > 30)
and
(pdi(10)+pdi(20) > mdi(10) + mdi(20))
and
(low() < low()[-1])
and
(low()[-1] < low()[-2])
and
(high() < high()[-1])
and
(high()[-1] < high()[-2])
Results for NASDAQ
0 results for NASDAQ:
Results for NYSE
Displaying 5 results of 21 for NYSE:
| AIG |
NYSE | American International Group Inc | 12/30/2010 |
| AKS |
NYSE | AK Steel Holding Corp | 12/30/2010 |
| BAC |
NYSE | Bank of America Corporation | 12/30/2010 |
| BC |
NYSE | Brunswick Corporation | 12/30/2010 |
| BCR |
NYSE | C. R. Bard, Inc. | 12/30/2010 |
Results for AMEX
0 results for AMEX:
Results for NYSEARCA
0 results for NYSEARCA:
Cross
Scan Code From www.StockScanPRO.com:
(sma(volume,20)>=500000)and(close()
> 12)and(sma(close,5)>sma(close,15))and(close() <
sma(close,5))and(close() > sma(close,15))and(high() <
high()[-1])and(close() > open())
Results for NASDAQ
0 results for NASDAQ:
Results for NYSE
Displaying 5 results of 39 for NYSE:
| AA |
NYSE | Alcoa, Inc. | 12/30/2010 |
| AF |
NYSE | Astoria Financial Corporation | 12/30/2010 |
| AGL |
NYSE | AGL Resources Inc. | 12/30/2010 |
| AXL |
NYSE | American Axle & Manufacturing Holdings, Inc. | 12/30/2010 |
| BC |
NYSE | Brunswick Corporation | 12/30/2010 |
Results for AMEX
0 results for AMEX:
Results for NYSEARCA
0 results for NYSEARCA:
Triangle
Scan Code From www.StockScanPRO.com:
(sma(volume,20) >= 500000)
and
(close() > 12)
and
(close() > sma(close,20))
and
(high()[-2] > high()[-1])
and
(high()[-2] > high())
and
(low()[-2] < low()[-1])
and
(low()[-2] < low())
and
(high()[-1] > high())
and
(low()[-1] < low())
Results for NASDAQ
0 results for NASDAQ:
Results for NYSE
Displaying 5 results of 6 for NYSE:
| CAT |
NYSE | Caterpillar Inc. | 12/30/2010 |
| DBD |
NYSE | Diebold Inc. | 12/30/2010 |
| FLR |
NYSE | Fluor Corporation | 12/30/2010 |
| LO |
NYSE | Lorillard, Inc. | 12/30/2010 |
| MTZ |
NYSE | MasTec, Inc. | 12/30/2010 |
Results for AMEX
0 results for AMEX:
Results for NYSEARCA
0 results for NYSEARCA:
Reverse
Scan Code From www.StockScanPRO.com:
(sma(volume,20)>=500000)and(close()
> 12)and(high()[-2] > high()[-1])and(high()[-1] >
high())and(low()[-2] > low()[-1])and(low()[-1] >
low())and(close()[-2] <= open()[-2])and(close()[-1] <=
open()[-1])and(close() >= open())and(volume() > 1.5 *
sma(volume,20))
Results for NASDAQ
0 results for NASDAQ:
Results for NYSE
0 results for NYSE:
Results for AMEX
0 results for AMEX:
Results for NYSEARCA
0 results for NYSEARCA:
Breakouts
Scan Code From www.StockScanPRO.com:
(sma(volume,20)
> 200000)and(close() > 7)and(high() >=
max(high,40))and(high()[-1] >= max(high,40)[-1])and(volume() > 1.5
* sma(volume,20))and(close() > open())and(volume()[-1] <
sma(volume,20))and( (close() - low()) >= (0.75 *(high() - low())) )
Results for NASDAQ
0 results for NASDAQ:
Results for NYSE
0 results for NYSE:
Results for AMEX
0 results for AMEX:
Results for NYSEARCA
1 results for NYSEARCA:
| IXC |
NYSEARCA | iShares S&P Global Energy Sector Index Fund | 12/29/2010 |
Revival
Scan Code From www.StockScanPRO.com:
(sma(volume,20)>=500000)
and
(close() > 12)
and
(close()[-1] - low()[-1] <= 0.1 *(high()[-1] - low()[-1]))
and
(close() - low() >= 0.95 *(high() - low()))
and
(close() > sma(close,15))
and
(close() > sma(close,50))
Results for NASDAQ
0 results for NASDAQ:
Results for NYSE
1 results for NYSE:
| LPL |
NYSE | LG Display Co., Ltd. | 12/30/2010 |
Results for AMEX
0 results for AMEX:
Results for NYSEARCA
0 results for NYSEARCA:
Reversals
Scan Code From www.StockScanPRO.com:
(sma(volume,20) >= 200000)
and
(close() > 12)
and
(low() <= min(low,40)[-1])
and
(volume() > 2*sma(volume,20))
and
(close() > open())
Results for NASDAQ
0 results for NASDAQ:
Results for NYSE
0 results for NYSE:
Results for AMEX
0 results for AMEX:
Results for NYSEARCA
0 results for NYSEARCA:
Short Swings
Cross
Scan Code From www.StockScanPRO.com:
(sma(volume,20)>=500000)
and
(close() > 12)
and
(sma(close,5) sma(close,5))
and
(close() < sma(close,15))
and
(low() > low()[-1])
and
(close() < open())
Results for NASDAQ
0 results for NASDAQ:
Results for NYSE
Displaying 5 results of 12 for NYSE:
| AEM |
NYSE | Agnico-Eagle Mines Limited | 12/30/2010 |
| AGO |
NYSE | Assured Guaranty Ltd. | 12/30/2010 |
| BMO |
NYSE | BMO Financial Group | 12/30/2010 |
| CIG |
NYSE | Companhia Energtica de Minas Gerais - CEMIG | 12/30/2010 |
| FNF |
NYSE | Fidelity National Financial Inc. | 12/30/2010 |
Results for AMEX
0 results for AMEX:
Results for NYSEARCA
0 results for NYSEARCA:
1-2-3-4
Scan Code From www.StockScanPRO.com:
(sma(volume,20)
>= 500000) and (close() > 12) and ((adx(10) + adx(20))/2 > 30)
and (pdi(10) + pdi(20) < mdi(10) + mdi(20)) and (low() >
low()[-1]) and (low()[-1] > low()[-2]) and (high() > high()[-1])
and (high()[-1] > high()[-2])
Results for NASDAQ
0 results for NASDAQ:
Results for NYSE
4 results for NYSE:
| DFT |
NYSE | DuPont Fabros Technology | 12/29/2010 |
| DLR |
NYSE | Digital Realty Trust, Inc. | 12/29/2010 |
| MFE |
NYSE | McAfee, Inc. | 12/29/2010 |
| VVC |
NYSE | Vectren Corp | 12/29/2010 |
Results for AMEX
0 results for AMEX:
Results for NYSEARCA
1 results for NYSEARCA:
| PGX |
NYSEARCA | PowerShares Preferred Portfolio | 12/29/2010 |
Swings
Scan Code From www.StockScanPRO.com:
(sma(volume,20)
>= 500000) and (close() > 12) and (force_index(3) >= 0) and
(force_index(13) <= 0) and (adx(10) > 30) and (low() >
low()[-1]) and (low()[-1] > low()[-2]) and (close() <
sma(close,10)) and (close() < sma(close,20))
Results for NASDAQ
0 results for NASDAQ:
Results for NYSE
1 results for NYSE:
| MFE |
NYSE | McAfee, Inc. | 12/29/2010 |
Results for AMEX
0 results for AMEX:
Results for NYSEARCA
0 results for NYSEARCA:
Window
Scan Code From www.StockScanPRO.com:
(sma(volume,20)
>= 500000) and (close() > 7) and (adx(10) > 30) and (pdi(10)
< mdi(10)) and (low() > sma(close,5))
Results for NASDAQ
0 results for NASDAQ:
Results for NYSE
Displaying 5 results of 7 for NYSE:
| ACV |
NYSE | Alberto-Culver Company | 12/29/2010 |
| ARG |
NYSE | Airgas, Inc. | 12/29/2010 |
| BBY |
NYSE | Best Buy Co. | 12/29/2010 |
| BMO |
NYSE | BMO Financial Group | 12/29/2010 |
| DFT |
NYSE | DuPont Fabros Technology | 12/29/2010 |
Results for AMEX
0 results for AMEX:
Results for NYSEARCA
1 results for NYSEARCA:
| PGX |
NYSEARCA | PowerShares Preferred Portfolio | 12/29/2010 |
Revival
Scan Code From www.StockScanPRO.com:
(sma(volume,20) >= 500000)
and
(close() > 12)
and
(close()[-1] - low()[-1] >= 0.9 *(high()[-1] - low()[-1]))
and
(close() - low() <= 0.1*(high()-low()))
and
(close() < sma(close,15))
and
(close() < sma(close,50))
Results for NASDAQ
0 results for NASDAQ:
Results for NYSE
2 results for NYSE:
| LLL |
NYSE | L 3 Communication Holdings Inc. | 12/29/2010 |
| LMT |
NYSE | Lockheed Martin | 12/29/2010 |
Results for AMEX
0 results for AMEX:
Results for NYSEARCA
1 results for NYSEARCA:
| YCS |
NYSEARCA | ProShares UltraShort Yen | 12/29/2010 |
Reverse
Scan Code From www.StockScanPRO.com:
(sma(volume,20) >= 500000)
and
(close() > 12)
and
(high()[-2] < high()[-1])
and
(high()[-1] < high())
and
(low()[-2] < low()[-1])
and
(low()[-1] < low())
and
(close()[-2] >= open()[-2])
and
(close()[-1] >= open()[-1])
and
(close() <= open())
and
(volume() > 1.5*sma(volume,20))
Results for NASDAQ
0 results for NASDAQ:
Results for NYSE
1 results for NYSE:
| NBL |
NYSE | Noble Energy, Inc. | 12/29/2010 |
Results for AMEX
0 results for AMEX:
Results for NYSEARCA
0 results for NYSEARCA:
Triangle
Scan Code From www.StockScanPRO.com:
(sma(volume,20) >= 500000)
and
(close() > 12)
and
(close() < sma(close,20))
and
(high()[-2] > high()[-1])
and
(high()[-2] > high())
and
(low()[-2] < low()[-1])
and
(low()[-2] < low())
and
(high()[-1] > high())
and
(low()[-1] < low())
Results for NASDAQ
0 results for NASDAQ:
Results for NYSE
2 results for NYSE:
| FDX |
NYSE | FedEx Corporation | 12/30/2010 |
| HAR |
NYSE | Harman International Ind. Inc. | 12/30/2010 |
Results for AMEX
0 results for AMEX:
Results for NYSEARCA
0 results for NYSEARCA:
Breakdowns
Scan Code From www.StockScanPRO.com:
(sma(volume,20) >= 200000)
and
(close() > 7)
and
(low() <= min(low,40))
and
(low()[-1] <= min(low,40)[-1])
and
(volume() > 2*sma(volume,20))
and
(close() < open())
and
(volume()[-1] < sma(volume,20))
and
(close()-low() <= 0.25*(high()-low()))
Results for NASDAQ
0 results for NASDAQ:
Results for NYSE
0 results for NYSE:
Results for AMEX
0 results for AMEX:
Results for NYSEARCA
0 results for NYSEARCA:
Reversals
Scan Code From www.StockScanPRO.com:
(sma(volume,20) >= 200000)
and
(close() > 12)
and
(high() >= max(high,40)[-1])
and
(volume() > 2*sma(volume,20))
and
(close() < open())
Results for NASDAQ
0 results for NASDAQ:
Results for NYSE
0 results for NYSE:
Results for AMEX
0 results for AMEX:
Results for NYSEARCA
0 results for NYSEARCA:



