Financial Friday # 16

This week we saw a bunch of earnings announcements. As we all know the economy is not doing so well. Monday BAC released its earnings for last quarter. Knowing this was coming I decided to short BAC right after the earnings call. The market tends to over react after earnings are release so I waited to see what the trend was. Once I saw the trend was down I shorted 1400 shares of BAC. Yes this was a huge play and risky. I did know the market was heading down and I watch the market the entire time I was playing BAC. I was ready to get out if BAC went above 10 for some reason. It worked out BAC dropped throughout the day and I was able to close out on Tuesday at $7.51.

I was able to make $3080 on the trade and get out safely. I decided to take the rest of the week off as I wanted to spend sometime outside and dig up some of the bones I buried last year. Not that it is nice the ground is soft and digging is fun again

Current balance: $16497

Disclaimer: I am a dog. I am not responsible for any investment decisions you make. Come on if you are reading a dog’s ODD to get ideas for your portfolio you have issues. I do not recommend using any of the information to make any investment decisions. Basically I am not responsible for your money. Do what you want but I have no responsibility here. Come on I am a dog. I don’t think you can even sue a dog. The information provided on this site is not financial advice and I am not a financial professional. This is a journal that details my investments, strategy, and analysis for personal use. Feel free to read at your own risk

FF # 15

It was a slow week this week. I really did not get a chance to do much research or even really trade all that much. I basically took a safe play. I bought MBI on Monday at $5.02 and watched it through the week. It did stumble a little bit on Wed but never hit my stop. I sold on out Friday at 5.42

Not really a great week I made a whopping 7% but I the market has been making me nervous lately and any week where don’t lose money is a good week right.

Current balance $13417



Disclaimer: I am a dog. I am not responsible for any investment decisions you make. Come on if you are reading a dog’s ODD to get ideas for you portfolio you have issues. I do not recommend using any of the information to make any investment decisions. Basically I am not responsible for your money. Do what you want but I have no responsibility here. Come on I am a dog. I don’t think you can even sue a dog. The information provided on this site is not financial advice and I am not a financial professional. This is a journal that details my investments, strategy, and analysis for personal use. Feel free to read at your own risk

FF # 14

Wow crazy week in the market. It is really not behaving the way I want it to. That being said I made a conservative play and bought Ford (F). Ford is the strongest US automaker and has entered into a bearish trend. I bought 1500 shares at 3.35 on Monday. I also bought some Hartford Insurance Group on Tuesday at 8.80. I bought 570 shares.




As you know Well Fargo announced a 3 billion dollar profit which pushed up bank stock and the market as a whole so I did pretty well this week. I sold all my positions on Thursday getting out of for at $4.20 and out of HIG at $10.75




Current balance $12427




Disclaimer: I am a dog. I am not responsible for any investment decisions you make. Come on if you are reading a dog’s ODD to get ideas for you portfolio you have issues. I do not recommend using any of the information to make any investment decisions. Basically I am not responsible for your money. Do what you want but I have no responsibility here. Come on I am a dog. I don’t think you can even sue a dog. The information provided on this site is not financial advice and I am not a financial professional. This is a journal that details my investments, strategy, and analysis for personal use. Feel free to read at your own risk

Financial Friday #13

Financial Friday #13

The drop I was predicting came on Monday. I got in early and shorted BAC at the opening. I shorted 500 shares at $6.60 I decided to cover my short right before the closing bell on Monday. It kind of scares me to hold a short position overnight if I don’t have to. I was able to cover at $6.05 and sleep soundly after making $275 for Monday

Current balance $5025


On Tuesday I was looking around for something to invest in and stumbled upon ZLC. Zale Corp sells jewelry and as we all know nothing is market up more than jewelry. I saw a little bit of a bump on Tuesday and ZLC has been climbing a little in the past it looked due for a break out and it was really cheap. I bought 2450 shares at $2.04 knowing the odds of it going down were slim. We had solid support at $2 and the market was moving up. Cheap stocks move big as the market moved. I closed out at $4.10

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I am super excited in two trades this week I was able to double my money. I am sure somewhere Glenn Noland is looking down and smiling.

Current balance $10,070

Disclaimer: I am a dog. I am not responsible for any investment decisions you make. Come on if you are reading a dog’s ODD to get ideas for you portfolio you have issues. I do not recommend using any of the information to make any investment decisions. Basically I am not responsible for your money. Do what you want but I have no responsibility here. Come on I am a dog. I don’t think you can even sue a dog. The information provided on this site is not financial advice and I am not a financial professional. This is a journal that details my investments, strategy, and analysis for personal use. Feel free to read at your own risk