Account Value $973.97
Money $93.97
Securities $880.00
As of 2007-12-13 06:00:03 PM PST
LEH has 4th quarter loss but beats the street’s estimates. Market ended mixed with Dow +44.06, Nasdaq -2.65, S&P500 +1.82
Executed an the order for EMC Jan 09 call @ $20 at price of $3.10 per contract.
Account Value $974.57
Money $409.57
Securities $565.00
As of 2007-12-11 06:00:04 PM PST
Check out this headline: Fed Lowers Rates, Wall Street Tumbles
It’s usually a good thing for the market when rates get lowered, right? Well, not when some investors were hoping for more than what was given. The 1K Portfolio shot back up today. I have a feeling more selling off of stocks for the rest of this week. Let’s see how earnings go for LEH (Lehman Brothers) 12/13, GS (Goldman Sachs) 12/18, and BSC (Bear Sterns) 12/20. Instead of a year end rally, we might see a the market the color of the Santa’s pants.
Didn’t make any changes to the portfolio today. Still under $1000, but I have a feeling it’ll go higher. Now that teh Fed decision is over with, time to get back into game.