If your broker doesn't offer you the option to short sell, one way that you can still make money in the predominantly down market is to invest in ultrashort etfs.
The ProShares UltraShort S&P500 (ETF) Symbol SDS was up over 8%.
Playing oil is always a gamble.
ProShares UltraShort DJ-UBS Crude Oil ETF Symbol SCO was up over 13% today however.
Thursday, August 18, 2011
Sunday, June 19, 2011
Lackluster Tech IPOs
Has the most recent tech bubble burst already? Take a look at this recent chart of Pandora Media. You would expect that this darling of Web 2.0 would have people buying up shares like crazy.
Pandora
Take a look at this recent graph of Pandora's share price from Google finance.
This does not look like a great investment currently. The share price is on a steady slide down and I would not care to try to guess the bottom before it reaches it.
Pandora is a great idea, a well executed product, and extremely popular. Unfortunately, that hasn't seemed to translate to profits, which is my guess as to why investors are shying away from this company.
Take a look at this recent Wall Street Journal article examining the profitability of Pandora.
LinkedIn
But what about LinkedIn? LinkedIn is perhaps even more interesting of a stock to follow, because it will likely set the tone and influence expectations for the eventual Facebook IPO.
Currently their stock price seems to be on steady decline as well.
Even more disturbing is the chart of Chinese Social Network RenRen.
Groupon
Which leads us to one of the next highly anticipated IPOs, Groupon. Ever since Groupon announced their IPO, the internet has been ablaze with articles questioning the merit of the company, and most of them seem to bring up a lot of valid points.
The most concerning aspect of Groupon is that they actually aren't making any profit either,
Counterpoint
Here is an interesting article from MSNBC that takes a slightly different viewpoint. Check out Put a cork in the Internet bubble talk — for now.
Finally,
Be sure to come back to the blog as I will be following some of these tech stocks as time goes on. What do you currently think of these companies? Type your thoughts below in the comments section.
Pandora
Take a look at this recent graph of Pandora's share price from Google finance.
 |
| Pandora Share Price from June 15th to June 17th |
Pandora is a great idea, a well executed product, and extremely popular. Unfortunately, that hasn't seemed to translate to profits, which is my guess as to why investors are shying away from this company.
Take a look at this recent Wall Street Journal article examining the profitability of Pandora.
But what about LinkedIn? LinkedIn is perhaps even more interesting of a stock to follow, because it will likely set the tone and influence expectations for the eventual Facebook IPO.
 |
| LinkedIn stock price from May to June 17th |
Currently their stock price seems to be on steady decline as well.
Even more disturbing is the chart of Chinese Social Network RenRen.
 |
| RenRen stock price from May to June 17th |
Groupon
Which leads us to one of the next highly anticipated IPOs, Groupon. Ever since Groupon announced their IPO, the internet has been ablaze with articles questioning the merit of the company, and most of them seem to bring up a lot of valid points.
The most concerning aspect of Groupon is that they actually aren't making any profit either,
Counterpoint
Here is an interesting article from MSNBC that takes a slightly different viewpoint. Check out Put a cork in the Internet bubble talk — for now.
Finally,
Be sure to come back to the blog as I will be following some of these tech stocks as time goes on. What do you currently think of these companies? Type your thoughts below in the comments section.
Sunday, June 5, 2011
Welcome to StockAboutThat
Welcome to the blog!
I plan on updating this blog on a regular basis with my musings on the Stock Market. I have always been very interested in stocks, and at times I have been a moderately active investor. After taking a break from the game I am eager to get back in!
I have some ideas for some regular features on this blog, which hopefully you will see coming soon. I am largely interested in algorithmic trading and using computers to help analyze stock data.
I've pasted below a couple of screenshots of a computer program, StockMonster, that I had previously written.
It might end up looking a little different, but I am planning on resurrecting the StockMonster. The goal of the program is to be able to load stock data, and test different algorithms for buying stocks.
The original program was written in Java, but I may change that. I have been interested in Python a lot lately, and to me the best solution is really just the one that is the easiest to make.
I plan on updating this blog on a regular basis with my musings on the Stock Market. I have always been very interested in stocks, and at times I have been a moderately active investor. After taking a break from the game I am eager to get back in!
I have some ideas for some regular features on this blog, which hopefully you will see coming soon. I am largely interested in algorithmic trading and using computers to help analyze stock data.
I've pasted below a couple of screenshots of a computer program, StockMonster, that I had previously written.
 |
| Screenshot of the StockMonster |
 |
| StockMonster with some data loaded |
It might end up looking a little different, but I am planning on resurrecting the StockMonster. The goal of the program is to be able to load stock data, and test different algorithms for buying stocks.
The original program was written in Java, but I may change that. I have been interested in Python a lot lately, and to me the best solution is really just the one that is the easiest to make.
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