Tag Archives: Msft

August is over

Posted on by

Slowly moving August is over. After this comming Labor Day week, trading volume should be picking up as traders return from their summer vacations. NASDAQ has reached new high and INDU and SPX are approaching its recent high respectively. All markets have done some base building, we will find out wheither or not they will break out or go down. Short term wise, it looks the market will move up a little. Short: QQQ Oct 32 Put (it’s not working obviously after QQQ’s big run up). Long: HNP (I have been waiting for opportunity to own some HNP shares), SUNW, SOHU and MSFT (SSF).

ETFs

Posted on by

I did some research on ETFs for fixed income and market exposure in China at ETFConnect. Here’s the list:

  • TFT – ETF Advisor Trust Treasury 1 Fixed Income Trust Receipts: it can be used as cash equivalent, and currently yields about 1.26%. Edit: I found out today that TFT was closed for liquidation at AMEXTrader.
  • GCH – Greater China Fund, Inc: Other 6.10%, China 24.60%, Taiwan 30.70% (% for COUNTRY DIVERSIFICATION)
  • CHN – China Fund: China
    5.40%,

    United States
    7.90%,

    Taiwan
    33.90%,

    Hong Kong
    47.10% (too little exposure in China)

  • JFC – Jardine Fleming China Region Fund: China
    24.40%,

    Taiwan
    26.30%,

    Hong Kong
    49.10%

  • TCH – Templeton China World Fund: Taiwan
    7.70%,

    Hong Kong
    34.70%,

    China
    40.30%

    • The market moved higher in the morning then gave up most of gains and ended slightly higher. Profit taking maybe …

    A lot of selling on MSFT pushed price to drop 0.38 in volume of almost 100 million shares.

    Hitlist

    Posted on by

    I read Hitman’s Hitlist quite often. It’s a interesting saga of love affair, trading, and many things in life.

    The market went up a bunch today after consumer confidence and new housing start data was released. DOW ended @8,781.35, NASDAQ @1,556.69, Russel @427.71 and S&P @951.48.

    Targets: IBM @90, CSCO @16.6, MSFT @26 and LOW @42 (gap down as resistence).