S&P downgrade

S&P downgraded US rating to AA+ on Friday August 5.
Market dropped 7% on Monday.

Note: Market goes up early on Tuesday waiting for the Fed's meeting and anouncement!


Monday’s 6.66 percent drop for the S&P 500 [.SPX Loading... () ] was the index’s biggest drop since December 1, 2008. In fact, not a single stock in the 500-stock index managed a gain by the end of the day.

The plunge was just the 16th time since 1950 that the S&P 500 has dropped more than 6 percent in a single day. But what has happened after such a big one-day drop? There might be some hope for investors after such a large selloff – at least in the immediate near-term:

During its 15 prior occasions, the S&P has averaged a gain of 2.8 percent and has fallen just twice on the day after its big single-day drop of 6 percent or more
The S&P is up 80 percent of the time and has averaged a gain of 5.4 percent a week after such a drop
However, one-month after a single-day drop of at least 6 percent, gains are much more muted – the S&P has managed a gain just two-thirds of the time, posting a smaller average gain of 2.4 percent

SOHU trade amid debt crisis

Two weeks ago, bought SINA, drop, then sold, lost $100... if wait another day, got back up...
Google, got in on July 20 at 598, Debt crisis coming, market down since Monday, Google stay strong monday, tuesday, high 623, i sold around 618, when it was 1% down on Wed.
MIserable GDP number on Friday...
Deal happended on Sunday night, Asian market rally, Bought GOOG back pre-mkt Monday at 611.xx
Bought SOHU in the morning before the weak ISM index at 10am...after i bought at 9:5x am..it drop from -6.5% to 12% at the end...84.51 to 79.14...i bough 70 shares...Tuesday morning, Sohu go as high as 84 for a quick while around 9:38, i then sold at 83.18. -$103.

Bounce back a little on Wednesday, end 7 days lossing streak.. GOOG at 599?
Thrusday... drop to 577 because of the 400000 jobless claim number, and ECB chair's comment that they only buy Portugese and Irish Bond but not the Spain and Italian.

Friday, job report is okay, beat expectation at 117000 level, drop to 9.1%...
Before 9:45, GOOG back to 589, and ARMH bought at 25.67, up to 26.25, but too greedy...stop loss ARMH at 25.8 to cover transaction.

Sold GOOG at low today at 565...bounce after i sold...LESSON LEARN!! Sell when small gain during turbulent market!!!

4/21/11

4/18 S&P - US negative from stable, maket drop but SINA up 8%
4/19 - sina up another 5, max 8% at 145
4/20 China announce regulation on online services, Yoku - 3%, Sina +0.3%, citi set target at 165
4/21 Goldman downgraded SiNA, dropped 7%, sold at 133.67, we will see what happend next week.

earnings are good, ARMH been going up.

bought ARMH pre-mkt last Friday @ 29.19 after the little better than expected job report, stock dropped in the morning and edged up to 29.22?

Monday, Oil price kept surging, ARMH was up pre-market, so I sold it around 29.47. Then the mkt dropped. Tuesday morining, news showed some relief in oil price (OPEC may meet for increase output) got in during pre- at 28.35, out around 3:45 at 3.65, mkt closed at 3.55.

Wednesday was a down day, OPEC said didn't need to increase output, Lybia is still in battle. Thursday, EU debt, Spain got downgrade, mkt drop, ARMH dropped 8% at most... STLD drop 3% and mid day already retreat to -.45% (why so good?)

2-22-11

Lybia crsis, mkt selloff.

Got out during premkt tuesday, smart.... but forget to buy put/ short since oil price go up. or NVDA down 8% tue.

mkt low on wednesday, ARMH sky rocket after that...

Mkt low on thur lunch again, then go back up...

Friday morning, last chance to get in, but i was too busy working...

got in around 11 for STLD because I saw it's unchanged at 18.5x. But when I got in, it was the highest at 18.65... it closed at 18.42....250 shares...

lesson: if the mkt is up 2 %, dont get in during that day.
lesson: 3 days down was the most, need to learn to buy when it's in red.
lesson: the BHP that I sold on Monday at 93.4...it's not 93.9 on Friday, if I don't buy during red day, rather hold it!!!!

just found out the SKX which I found cheap under the screener was up from 21.99 to low 20 back to 23.5 today... much of the gain was from the overall market gain last week.

Learn: should buy low, not sell low.

LVS low 45xx...today lunch... up1%, too hurry to buy in at 46.48...close at 46.11...

learn: last week, Ford didn't go up until thursday....

02-03-2011

Monday although the Egypt is still a factor, but the Exxon Mobil earning and the consumer data drove the market up.

LVS 4 days up about 9%. Sold at 50.25 before earning.

Other stocks up but not that much.

F dropped for 4 days, up about 2 % on Friday. 2-3-11.

LVS earning expectation: $.39/share

.42/share. beat expectation, but miss revenue.

after hour share drop 6.7%.

job data tomorrow...