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USD, the comeback story and Japan

2011 - May 10, Tuesday

So it's been a great year so far for the commodities of which prices have been going up strengthened by the weakening USD. Now USD is ready to make a come back with a bang. It's time to load up once again and enjoy USDA prime beef trading the USD recovery store.

Oil vs Market: Clearly Established Negative Correlation

2011 - March 2, Wednesday

At the beginning of the year, we've passed a point in the oil price that people think would deter demand.

Trading Ideas: IP

2011 - February 24, Thursday

While going through myriads of charts of companies that I regularly monitor, I found International Paper (NYSE:IP). The prices have been tested at least twice - depending on how you interpret it, it could have been 3 times - at the 27 level. Once we see bids going higher above the 50 MA at around the 28 level and if prices stay there, that's the time to get in.

Take a look: SPLS, ORLY

2011 - February 23, Wednesday

While going through some charts, I've found some nice setups in SPLS and ORLY. The setup I'm talking about today has two basic criteria: One is the price being near a major average, and the other is the oversold signal. I would monitor the two for now. I would only try when I see some buyers coming in and buying at higher bids.

Trading Ideas: MGM, TSO, UNIS, WPRT

2011 - January 27, Thursday

DOW hit 12,000 and made a short turn around to around yesterday's high. There's no indication of the market making a turn around and we don't know whether the market will continue to go up. We can only *try*. Here are some good setups for the longs.

T2108 vs. SP500: Anticipating Drops

2011 - January 3, Monday

We're looking at T2108, a percetage graph representing the percentage of stocks above their 40 day simple moving average. Don't take my word for it but I learned from somewhere that 40 day simple moving average is the de facto average for mutual funds.

Rotate into Groceries!! KR

2010 - December 14, Tuesday

There's a clear support line at the 21.50ish level. So that's going to be my stop. If I'm wrong, I get out with a loss at 21.50. There are three scenarios that I expect to happen.

Here’s How You Decide: MDT

2010 - October 10, Sunday

Ok. Here's the deal. MDT: Medtronics. I'm anticipating a volatility squeeze on MDT's price action. Some technicals are aligning very well.

Why I think the market is going lower before going higher.

2010 - July 15, Thursday

While SPY has been hitting resistance at around 110 with the doji which indicates indecision whether to go up or down, the TMF has been rallying. What this tells me is that there is conceivable risk still lingering in the markets or in the majority of investors' minds. Also, the equity market has shown tremendous strengh in the last 7 days or so: We've come up way to fast.

1-Week Trade: Short HRL!

2010 - July 14, Wednesday

The risk-reward ratio here is 0.18(=0.16/0.85); the reward-risk ratio is 5.31. It means that I have the potential to make $5.31 for risking a dollar. Mouth watering ratio. mmmm ....

TTWO; Ascending Triangle Pattern; Carl Icahn

2010 - March 29, Monday

What does Take Two Interactive do? Have you heard of Grand Theft Auto or Bioshock? Yeah, they make them. Ever since the big drop in January, TTWO has been in my watch list. I wasn't sure when it was a good time to go in because I couldn't define any risk or see any type of pattern until two weeks ago. Incidentally, I realized that this is a ascending triangle pattern, a bullish continuation pattern.

Discount Rate Hike Might Not Affect Markets Too Much

2010 - February 19, Friday

I've been thinking. Is it that bad for the discount rate to increase? The FED is simply starting to slightly control or, specifically, reduce the money supply. But the money are still in the banks: Banks haven't increased their lending. This is why we don't have inflation. As long as the money is not spent or as long as the velocity of money stagnates, we're not going to have inflation. There's an equation Money_Supply + Velocity = Price_Change + Output_Change. Do you see what the FED is starting to do? Mon...

The Iron Ore Theory (Diamler,Yuan,Dry Bulk Shipping)

2010 - February 18, Thursday

Here's an interesting theory that I have. The upcoming Diamer AG's earnings report got me thinking about Chinese Yuan, metal, and dry bulk shipping. Last year, Diamer reported strong growth in the Chiense market. First of all we have the following information.

What a bounce? NYSE vs. VIX

2010 - February 11, Thursday

Do you see the relationship between the VIX and the NYSE? Yeah, it's one of those things that Beyonce does well. BOUNCE BOUNCE!!! Uh oh oh Uh oh oh!!! This is one indicator that hints that this may be a bounce and as such, there is some potentially fruitful upside ahead of us. Also, check out the weekly charts of the stocks that you are interested in to decide whether to go in. I have demonstrated this in my previous posting titled "Should you buy? When do you buy? What to look for?".

Should you buy? When do you buy? What to look for?

2010 - February 10, Wednesday

This market seems totally random due to the pop up show from the US government and the systematic risk introduced by the EU nations, especially, those known by the acronym PIIGS. Looking at the market action for the past two weeks, random walk theory seems to make sense. But have you zoomed out and took a longer term view? Money managers on popular business media such as CNBC have come out and expressed concerns of a bigger correction: The S&P, for example, has only come down 7% or so and we need at least 1...

FormFactor, Inc (NASDAQ:FORM): Bounce Bboing!

2010 - January 28, Thursday

FORM is something that was on my watch list for more than a month. I was hoping that it would come down to the 50MA in the mid 19s. My wish had come true on the day it announced its preliminary 2009Q4 earnings on the 12th of January. Since then, the stock has been on a downhill until today. Today's move nullified the last three down days.

Play the Bernanke Game: FAS

2010 - January 24, Sunday

We all know that the financial sector is exactly where you don't want to be in. There are too much uncertainty on bank policies and everybody just hates the banks for doing what they do best: Trade and make money. The last three days' sell off was exacerbated by Obama's surprise announcement on bank policies, an attempt to restrict some of the profitable operations that banks carry on to fill their own tummies. So why are we thinking about FAS, Direxion Daily Financial Bull 3x Shares, an ETF that moves by 3...

Allied Irish Bank (NYSE:AIB)

2010 - January 19, Tuesday

I've been with AIB for sometime for the reason of riding the early uptrend and here's an analysis on the chart. The strategy here is to hold as long as the uptrend continues. It's only recently the trend reversed to an uptrend from a downtrend. We'll have to see whether the uptrend continues in the long run.

DVORAK, a new frontier …

2009 - December 30, Wednesday

I cannot deny the frustration arising from trying to type on a DVORAK keyboard as fast as I would on a QWERTY. While I'm typing this entry, I recall my friend who has yet to perfect QWERTY lamenting that he has to think when he tries to type properly.

Amazon Kindle TV Commercial: Uhh…what?

2009 - November 10, Tuesday

Today while watching CNBC, I saw the Amazon Kindle commercial for the first time. I was surprised that Amazon was advertising the Kindle on TV because I remember Jeff Bezos saying something along the lines of advertising is a proof that you have a poor product. Despite my surprise, I was glad the Kindle is being advertised on TV. Frankly, I think the Kindle is a superior product over any other E-Book readers in the current market including the Barnes and Nobble's Nook which is scheduled to be on sale in Nov...

Paranormal Activity: Movie’s Success Depends on the Marketing Ploy

2009 - October 17, Saturday

A month ago I was watching “American Greed” – a series exposing the world of scams, cons and schemes – on CNBC. In one of the commercials during the commerical breaks, I first watched the preview of “Paranormal Activity”. I saw more scenes of reactions of people who were watching the movie and saw snippets of flattering reviews from various newspapers and megazines. At the end of the preview, the preview had the question “NOT PLAYING IN YOUR AREA?” soliciting viewers to “demand it!”.

DSC-WX1, A Disappointment

2009 - October 9, Friday

It's a disappointment: Whatever said in the product ads do not match up to the actual product. When I was ordering the DSC-WX1, I was hoping that the DSC-WX1 was a match against the Lumix LX3.

New 24MM: DSC-WX1/TX1

2009 - August 10, Monday

Perhaps the DSC-WX1 is the camera that has more features than the Leica DLUX3, the Lumix LX4, or any point-and-shoot camera with a 24mm wide angle lens.

Korean Entertainment Business Risk Mitigation: Too Many Korean Male Idol Groups

2009 - August 1, Saturday

While I was relaxing at my parents place where I can watch Korean cable TV channels, I stumbled upon a music TV chart show. I watched it for about 20 minutes and realized that there are so many male idol groups. All I know is Big Bang and Dong Bang Shin Gi; perhaps, I'm too old to know all of them. All of them were similar to one another and I wondered how they acquire fans.

What? Paper? Press Machines?

2009 - August 1, Saturday

The phenomenon of new mediums taking over the old ones takes place all the time around us. For example, I've recently replaced a G router with an N router at my parents home.

Bernanke speaks again…

2009 - July 21, Tuesday

In his semi-annual address to congress, Ben Bernanke affirmed that the interest rate – the rate at which banks lend each other money – ...

PHOTOCLES

Earth Day at Union Slough
2011 06-04 Sat
Today was one of those days in which we give to the community and, apparently, was the UN World Enviornment Day. A group of us went to participate in the Union Slough Saltmarsh and Habitat Restoration Project. The project is to improve the wildlife habitat...
Weekend Trip to Port Moody, BC, Canada
2009 11-09 Mon
Over the weekend, I've made a weekend trip to Vancounver, Canada to meet my parents who recently moved from Toronto, Canada. They decided to get a place in Port Moody near the waters.
FC Sounders vs. Barcelona FC
2009 08-06 Thu
The 2009 European UEFA Championship champion has paid a visit to Seattle to play against the local team.
Toronto, Canada
2009 07-24 Fri
This is 1-week trip to Toronto to visit my parents who sold their house to move back to Vancouver.
Trip to the local, Lake Union, Daniel’s Boriler
2009 07-09 Thu
We made a trip to Daniel's Broiler, the place to have an amazing; juicy;pricey but worth the price steak.
2009 4th of July
2009 07-04 Sat
This year on 4th of July I did not go watch the fireworks. I was just tired and was more interested in eating pork belly BBQ.