Wednesday, January 20, 2010

Jobless Claims

The jobless claims are tomorrow. This could catch the markets by surprise, there was very little talk about this today. The focus was on the MA senator who posed nude in Cosmo and drives a truck. This type of stuff is great for bears. Sell it off, it is now Obama's fault.

I was really surprised with Starbucks numbers today. Never would have thought they would have beat by so much.

stuck short with AAPL and probably should have cleared.

All in all i am short with not arbitrage or straddles which have been very effective lately. I came really close t0 buying the spy today for a long stock, long put straddle.

The Nikkei sold off hard 100 points in the first 15 minutes to recover green with in the first hour. Is this not volatilty?

So far the last week has been very profitable. I still have my eye on SHLD.

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