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Windwood Trader

Windwood Trader
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  • Quickchat #279, March 19, 2015 [View instapost]
    >Occam-

    Nice pop on (AAL) this am, up almost 3%. Well done-

    I too like writing PUTs but tying up the cash makes me twitchy, especially in a volatile market- Worry about getting forced into ownership that no longer makes sense.

    I am considering doing (GILD) PUTs again. Worked out well the last two times.

    WT
    Mar 27, 2015. 10:08 AM | 4 Likes Like |Link to Comment
  • Quickchat #279, March 19, 2015 [View instapost]
    Corrections to my (APU) comments-

    Amerigas is an LP, not a MLP-

    Their trading volune is around 300K daily, not a million.

    Their financial situation needs a lot more scrutiny before any trade is made as their earnings took a real hit over the last 12 months- Trailing P/E 282!

    DYOD!

    WT
    Mar 27, 2015. 10:02 AM | 4 Likes Like |Link to Comment
  • Quickchat #279, March 19, 2015 [View instapost]
    (SCO) up over 5%-
    (LUV) plus 2%
    (AAPL) up a touch
    (EUO) up slightly
    (NVO) continues to climb
    Mar 27, 2015. 09:51 AM | 2 Likes Like |Link to Comment
  • Quickchat #279, March 19, 2015 [View instapost]
    New Idea-

    A little off topic but energy related.
    I have an ongoing battle with the prices my propane supplier Amerigas charges me for gas and other charges. I am not a significant gas consumer so I pay a higher rate- no problem with that. What irked me is that I was paying the same rate for propane delivery that I was paying last September, $4.60 a gallon even though energy prices had plummeted.

    I had called complaints into the delivery agency, now a subsidiary of Amerigas and got no satisfaction. I contacted the regional manager by certified mail stating that they were "price gouging" and that I felt motivated enough to report the company to the consumer affairs division of the NY department of State as well as the attorney general.

    Well! Alarms went off and I got a call from the regional director. We had a lengthy conversation that had the outcome of a 25% reduction in price retroactive my last delivery. I still grumbled but acquiesced to the offer.

    Since I believe all their customers are similarly treated I decided to check out the investor info. Here's what I came up with:

    Amerigas Partners is a MLP trading under the symbol (APU).
    They trade a million shares a day and have doubled in price since 2009. They pay an annual dividend of $3.52 and currently yield about 7-1/2%. They are off about 8% since February but seem to have bottomed.

    My thinking is that since I have to pay a bloated rate for their product I may as well become part of ownership and get some back! LOL!

    WT
    Mar 27, 2015. 09:42 AM | 7 Likes Like |Link to Comment
  • Quickchat #279, March 19, 2015 [View instapost]
    >SHB-

    Here ya go-
    Inverse of SOX is (SOXS) which is the 3X variety. Of course there is a 3X Bull also- (SOXL)

    WT
    Mar 26, 2015. 06:09 PM | 3 Likes Like |Link to Comment
  • Quickchat #279, March 19, 2015 [View instapost]
    >Maya-

    Still have (EUO)- Added 1/3 more at the bottom but still off 2.5%.
    (SCO) hammered by Yemen- the Black Swan!
    (WRES) had a good day- up 11%

    WT
    Mar 26, 2015. 05:37 PM | 3 Likes Like |Link to Comment
  • Quickchat #279, March 19, 2015 [View instapost]
    Sold (SDS) for a 4.5% scalp- Off the highs now
    Bot (SCO) (addition) at $77.10 Still off 5% on total.
    Bot more (AAPL) at $123.20.
    Back into (LUV) at $43.42
    (WRES) up about 8%.

    WT
    Mar 26, 2015. 10:07 AM | 4 Likes Like |Link to Comment
  • Quickchat #279, March 19, 2015 [View instapost]
    Re: (LUV) Now down to $43.72. (I sold at $45.04 net yesterday).

    Looking to get back in if conditions ($SPX) are improved. May have to wait a bit- Sell-off overflow will run into tomorrow I am thinking. $43.50 would not be a bad re-entry point if no black swans appear.

    I had dumped (GILD) rather quickly this morning- Looking to see where the wind is blowing on that as well.

    Jumped back into (SDS) for what I hope is a quick scalp tomorrow.
    Also have my toe in the water in (IYK) as that's where I see some strength in this economy.

    WT
    Mar 25, 2015. 05:47 PM | 4 Likes Like |Link to Comment
  • Quickchat #279, March 19, 2015 [View instapost]
    Sold (SDS) for a 2% Scalp at $20.64 and
    Sold (LUV) for a 2.4% gain at $45.04 for 3 weeks swing.
    Holding (SCO) at a 4% loss.

    WT
    Mar 24, 2015. 04:46 PM | 5 Likes Like |Link to Comment
  • Quickchat #279, March 19, 2015 [View instapost]
    European Manufacturing PMI comes in at 51.9 Expected was 51.5 while previous was 51.0 .

    Significant increase.
    Mar 24, 2015. 02:22 PM | 4 Likes Like |Link to Comment
  • Market Update 3/21, RUT & Nasdaq At New Bull Market Highs, S & P Next ? .  [View instapost]
    >Fear & Greed said-
    "it seems that if one doesn't do as much the detractors will attempt to dig up a situation to promote some ill advised point they are trying to make. "

    Right on point, Fear-

    So many seem to forget what it takes to put up a blog and just want to criticise.

    Keep up the good work!

    WT
    edit- PM to you
    Mar 24, 2015. 01:38 PM | 2 Likes Like |Link to Comment
  • Quickchat #279, March 19, 2015 [View instapost]
    >Mercy-

    Thanks for an excellent article by Force Majeure. This fact filled gem has got a little bit for everyone without the useless rhetoric.

    WT
    Mar 24, 2015. 12:40 PM | 3 Likes Like |Link to Comment
  • Quickchat #279, March 19, 2015 [View instapost]
    Dennis Hartman on MSNBC this afternoon said that oil may have bottomed. When challenged about prior statements he said possibly $40-$45 would be the bottom. Also when asked said he wasn't buying yet- oil had to reach a neutral zone first.

    Sounded to me like he was covering all the bases.

    WT
    Mar 23, 2015. 06:13 PM | 3 Likes Like |Link to Comment
  • Quickchat #279, March 19, 2015 [View instapost]
    Mark-

    Thanks for your read on commodities. I agree with most.

    I am not at all sure that oil is in the same pasture as the other critters though. The drop in oil was intentionally engineered by the Sauds ostensibly to drive out or at least reduce the competition from US oil shale and fracking. The Sauds could just as easily jack up the price when they feel the time is right, maybe when the production levels from the alternatives drop off in possibly a couple of years. True, that may be more than a few years but it does depend to a certain extent on the dynamics of the Saud economy as well.

    China has been the big economic sponge for commodities- all commodities and has satisfied its appetite for the stockpiles it now has will meet their needs for a long time. Bad news for countries like Brazil, Australia and Canada as well as for the shipping business.

    WT
    Mar 23, 2015. 10:49 AM | 3 Likes Like |Link to Comment
  • Quickchat #279, March 19, 2015 [View instapost]
    Mercy got me interested In (MWA) quite a while back- Still looks like one of those slow but sure winners, especially with the condition of our currently dismal infrastructure.

    WT
    Mar 22, 2015. 11:36 AM | 4 Likes Like |Link to Comment
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