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How to on Ihub
http://ihwiki.advfn.com/index.php?title=Site_Map
If I knew how to embed this clip,,, anyway here is the recap video for yesterday
http://www.t3live.com/videos.html
How To Be A Better Tweeter In The World of Finance
Posted by TheArmoTrader
on February 16th, 2012
In the era of social media, it is important to understand how to be a value-added tweeter. I see so many mistakes when it comes to tweeting in the world of finance. A lot of this is just ignorance (no offense). Being a better tweeter isn’t about being me being anal-retentive, it is about you being efficient and adding to the community in a proper, productive way.
5 Mistakes Commonly Made by The Average Tweeter
1) Using Incorrect tags
It is very important to use the correct tags and tickers. Here is a good blog post on this. The $DOW isn’t down 50 points, the $DJIA is. The $USD is not at the US Dollar, the $USDX is. The $ES is not up 5 handles, the $ES_F is. $CNBC is the symbol for Center Bancorp Inc, and NOT CNBC the bussiness news channel. I can bring up endless examples of this, but it might be better if you just read the aforementioned blog post (also check my comment at the bottom of that page).
The HFT machines probably could use this advice, as today CVR Energy ($CVI) popped on news of a tender offer, but the machines also popped $CVR with it. Guess this piece of advice will come in handy next time.
Also, the “$$” tag should go at the very end or very beginning of tweets. If they do not, your tweet will not make the “All” stream.
Lastly, do not tag tickers along in your tweet if they have nothing to do with the tweet. Tweeting out “Had an OK day trading today $SPX $SPY $AAPL” is completely nonsensical and foolish. The 3 symbols have nothing to do with your trading day.
2) Retweeting
-When Retweeting (RT) someone , do it properly. For example, when you RT a user, make sure it is in the following format: “RT @TheArmoTrader: ….”
If you are going to add your thoughts to the tweet, it is best to add them before the RT and not after. This way it is easier for the reader to distinguish between your and the original author’s thoughts.
-Also, if you are going to change a tweet in any way (to make it shorter or whatnot), do not use “RT”. Instead, use the more appropriate ”MT”, which stands for “Modified (Re)Tweet”. This lets other users know that the tweet is not in the original format. But when modifying a retweet, make sure not to selectively edit the tweet or leave out the main idea/gist of the tweet.
-There are two ways you should cite links and information.
The first way is to use “h/t” (Stands for Hat Tip or Heard Through) when citing information to give credit to the person who tweeted out or found the information or link.So lets say I tweet out specific information, like
“We are less than 1% away from the 2011 $SPX high”,
but you do not retweet me (but still want to give credit), then just add “h/t @TheArmoTrader” at the end of your tweet. For example, your tweet would read something like this, “Wow, I can’t believe we are less than 1% away from the 2011 $SPX high (h/t @TheArmoTrader)”. The same goes for links in this scenario.
The second way you should cite links is by using “via”. When tweeting out links from someones own blog, add a “via @Handle” at the end. For example, if you were to tweet out my latest blog post, it would look like this: ” ‘Precious Metals Ready For a Move?’ http://bit.ly/w0jUR1 via @TheArmoTrader”. This is an easy way to cite whose blog post you are tweeting out (which is useful for other readers to know). That is the one difference of “via” and “h/t”. “Via” specifically states whose post it is, while with “h/t” that condition is not necessary.
3) One word or symbol tweets
Do not tweet out just symbols or one word tweets! Tweeting out “$AAPL” does nothing. I see this way too often. Also, tweeting out “Boom” or “Damn” does zip as well. I don’t mind the “Boom” tweet, but as long as it is followed by something more, like “Boom! That was some heavy volume that came into the $SPY on that breakout”.
4) Joking
Joking should be kept to a minimum during trading hours, and especially if it involves specific assets (stocks, futures, currencies). This is not because I am a “Debbie-downer”. But to be blunt, money is on the line. Being serious (on the stream) during trading hours is a must 95% of the time.
5) Other Twitter efficiency tips
If you are going to start a tweet with someone’s handle (but are not addressing them directly per say), add a “.” before the handle, so anybody not following them will be able to see the tweet as well. For instance, your tweet would look something like this:
A) “.@TheArmoTrader says precious metals are ready for a move. I would disagree http://bit.ly/w0jUR1”
B) Also, try to use URL shorteners as much as possible. It just helps keep the tweets clean and easy to copy for RTs (compared to the weird automatic default link shortener on twitter).
C) Do not tweet too much, do not tweet too little. I don’t like following people who tweet every 5 minutes. Usually they are just adding noise to my stream. Also, I do not like following people who tweet once a day. If the account isn’t going to be active, what’s the point in following it? Try to get a good medium in.
D) Make sure your Twitter and Stocktwits account are linked
Not many posters or excitement so I figured I would share some sites with yawl.
Stocktwits is kind of like twitter except with pop up charts and mini URLs. No big deal I guess. I just posted there on the COMPQ
http://stocktwits.com/symbol/COMPQ
divergence between gold price and gold stocks.
Cue_M.. they call them "arcades" today. What they really are, is a $2000/month desk set-up, furnished for Traders while they view the market. Every city over 50,000 has an Arcade tucked away somewhere. The room usually has an active day trader working as master of ceremonies. If the guy is good enough, he can put on one clinic per month to help augment his income; and it works to forge a bond between the customers.
The guy that rents the Arcade, calls his desk "the office" and commutes back and forth from his office at home.
It is most common that you find the Arcade closest to your home; and then you pretend to leave your emotions at the Office as you drive home. The stuff you do in the home office is supposed to be limited to clean-up or wake-up duties.
Unfortunately, an Arcade is only slightly less stressful than someone who goes to work at a Brokerage. Some Traders say "At least at a Brokerage, the employee is not playing with his own money." No matter. At the first sign of stress you hear the rattle of pill containers all around the room. The first pill numbs the body so that it is not in a constant "fight or flight" mode. Traders say, "It lets me be me." On the way home from the Office, a second pill is taken, usually something that dampens a bipolar symptom.
Does one pill have something to do with the necessity of the second pill? Most Traders laugh and say, "I take the second pill because my wife hates me."
And that is the code around the Arcade. The first pill is called "me"-- the second is called "the other me"-- and the drug dampened condition is called "the employee."
theKing...very kind. Converging technology has made long posts obsolete. If it gets longer than a twitter, it does not get viewed by busy people.
So here it is: Johnny Futures on T2W . com told us he had tried every way in the world to make profits on the Market and had finally given up. He asked us what he must do to make money trading, and nobody could tell him. At the time we were all automatic trading, trying to be the fastest and smartest guns in the West.
I personally, started with a book called Swing Trading and joined an investment group so somebody had my back. It was comfy at first. It evolved into 12 hour days doing research online, and working a graveyard shift after the market closed, which I would not recommend to anyone... I was sitting most days alone at my two computers, with redundant internet connections, five screens full of streaming data, instant messaging, auditing two online trading rooms up, and possessing multiple trading accounts... just in case there was a server crash. Data and mentors cost me about $800 before I made the first trade of each month so eventually I figured out that I was feeding the lion that was trying to eat me.
It was a blast, just about like some video games I have played... but eventually my friends online went broke, one at a time. Most of them started with a quarter million; and traded it away. One friend went through $7million and died on Social Security without being able to afford his heart operation when he needed it. My so-called online mentors decided they wanted me to join their triple platinum room because they were shutting down their "cheap room." In other words they wanted $4000 instead of $800... because they were going broke.
Personally... My health declined because I was living on a few hours sleep. My employers went broke, my friends left me one-by-one, and I have never been the same physically after trading for seven years. Even the place I went to lunch burned down, so I lost touch with my investment club. Yah, some people thought I was a real big shot because I survived somehow, but I didn't think so. I constantly lived in rage or fear as the daily chart dictated my emotions.
When my young child got old enough to need his Dad a great deal of the time; I went long and quit trying to scalp the Market Makers. Together we joined Little League and Soccer, and basketball, and flag football, and Scouts. I got to know my wife again, and was amazed by her intelligence rather than my own. I coached, while my son did the heavy lifting as a player. I loved it, and hated it at the same time because I thought I was missing something.
I certainly did miss something. Wall Street robbed Main Street and then half the Market Makers went broke or had to be bailed out. Kung Fu schools opened in buildings where Mom and Pop used to have their clothing and furniture stores. Corporations downsized for tax advantage. Our Business Schools puked out a generation of people that export their own jobs, thinking they will be CEO some day, living in Hollywood, married to three people at once...an Asian, a Muslim, and an out of work trophy wife that calls herself an "actress." (It is a sick world out there when a singer can't make a living.) Banking became the new Royalty instead of our servants. Like the S&L's from the 90s, they proved to be idiots. The government intervened to keep the whole Country from collapsing. One crook out of 10,000 got held responsible for the grand theft of an entire nation. My son is just in Middle School, and the Country's debt is now set at $17 Trillion.
Sure, we were all sad to see CS close out its era as a dot com "wunder kine," but the truth is; we moved on technologically. Another icon of Traders everywhere, became a victim of changing times in the cyber world. Yes, Etrade is a jerk like everyone else in their shoes, my mentors included. I have no doubt that they will struggle in the future. But in the real world: What the puke kind of a life have we left the good kids like my son? While our kids make the Honor Roll, play their Piano, and hit the ball over the fence; do we suffer with Osambo or a Mitless Romney in the White House? What the blazes did we rebuild Iraq for, only to let Iran start another war? If we are going to war, why are the presidential riff raff NON-military men?
In the end, I realized that I had a more difficult question than Johnny Futures did. In fact I had about a dozen questions more difficult than his.
It worked. Now I have a question:
back in the day, I had DOW futures on a screen and noise from the S&P pits. The Dow futures chart was more indicative of where the Market was headed within a short time frame so I watched it at all times. On the other hand, I would be asleep and the yelling from the pits would wake me up.
Today I wouldn't know where to start. Its a global game that never stops and so many exchanges have merged that I don't even know if they still have S&P pits.
In addition to that, they have Level III quotes... and what that is about is beyond me.
Like I said in an earlier post... most traders use options today and do not actually own the underlying shares. We used to call them NAKED when they did that...
Or in my neck of the woods... Necked.
surfcat that's an ugly wound. ouch
China’s consumer prices rose at a faster-than-expected rate in January, as food prices surged ahead of the Lunar New Year, sparking debate over what the numbers are really saying.
January’s consumer price index rose 4.5%
-Nokia plans to cut 2,300 jobs in Hungary, 700 in Mexico and 1,000 in Finland and Shift production to be closer to Asian suppliers and markets
--Nokia has announced 14,000 job cuts since strategy shift a year ago
Scheduled to report results are blue-chip networker Cisco CSCO as well as Akamai Technologies AKAM, Groupon Inc. GRPN, TripAdvisor Inc. TRIP, TriQuint Semiconductor Inc. TQNT, Atmel Corp. ATML in the tech sector. It’s also a busy session for the media and entertainment sector, with NWSA, Sinclair Broadcast Group Inc. SBGI all to issue their quarterly reports.
That is quite an argument the Brits put up against the new CEO of Royal Bank of Scotland. The previous CEO bailed out after the Brit Government bailed out the bank. Golden parachute, don't ya know, for multi-millions of Pounds. Stephen Hester agreed to take over and restructure the bank, but it turns out that his pay included a $1.5million bonus during the first year. The Crown stripped Hester of his knighthood for trying to bilk, and the common Brits threatened to riot, so Hester said, "Well then, back to work. Don't worry about the bonus. We're all just wanting the Bank to do well."
It is all too obvious that the bonuses paid by companies like Enron and a thousands of others, are exactly what killed the corporation. The guys trying to bilk it out, say the same thing: "If you want the best you have to pay top dollar." The fact is, NOBODY is worth a Pound if the business is failing and collecting free money from the Fed. They become a liability that the corp cannot survive.
Can anyone here name the CEO that worked for $1 the first year after the US gov bailed out Chrysler?
"Any supervisor worth his salt would rather deal with people who attempt too much than with those who try too little."
Lee Iacocca
Standard & Poor's downgraded Sony Corp.'s long-term debt rating, saying the likelihood of a strong recovery in the company's main electronics business is low because of massive price erosion, falling demand and stiff competition.
okay so then a chart would be:
Today a White Candlestick was formed. This represents normal buying pressure. My system posted a HOLD today. The previous BUY recommendation was issued on 01.05.2012 (32) days ago, when the index value was 2,648.4. Since then NASDCOMP has gained 9.58% . My advice today is simple and clear. Hold your stocks and wait for a new signal.
Do not bother yourself with further buying and selling as long as the HOLD tag stays. ****
****note: if you are buying and selling according to my signals then you deserve to be run over by a car full of Rodeo Clowns.
For a couple years, I used to hang out on a site that let me write trading scripts (formulas) and test them. It let me try other scripts that previous traders had developed for us. It had quality message boards, post editing at any time, HTML on charts and pictures, investor/trader contests, and portfolio tracking.
The problem was, I was about the only active trader that hung out there. And now, of course, I have misplaced the link.
Does anyone have any idea of what the site might have been called?
Anyone
I don't believe you about the secular bear.
Take a look at the chart in header that these guys use and think about what you can do to make it easy for the old CS boarders.
http://investorshub.advfn.com/boards/board.aspx?board_id=2462
Hi old friends. Long time. I will be around now that Clearstation has shut down. Happy Days when a good site like that just takes itself off line.
You guys should share those links in the header instead of shot gunning them around. It makes the board look like there is no rhyme or reason.
Good trading all...It have been awhile since I have posted IH. I will have to read all the info again.
Gap reported Q4 (Jan) earnings of $0.39 per share which was exactly in-line with my estimates. Revenues fell 1.6% year/year to $4.82 bln but was still above the $4.79 bln I had projected.
However, the company issued downside FY07 guidance, as they now see EPS of $1.26-1.30 (consensus $1.35), excluding certain items.
Management announced plans to increase its dividend by 78%.
I am raising my target on Anadys Pharma to $18, noting their earnings report.
I am upgrading DJ Orthopedics to a Buy with a target of $40
DJO has announced its plans to acquire the non-operative orthopedic bracing company Aircast for approx $290 mln in cash, which is approx 3x revs and 12x EBITDA
According to my calculations, Aircast will likely be $0.15 to $0.30 accretive to EPS in 2007, which now could be $2.00 per share ($1.73 is low ex-stock comp without the deal)
The Company gives potential synergies: 1) manufacturing - transferring NJ manufacturing to DJO's plant in Mexico, 2) distribution - keeping both direct sales forces cross-selling opportunities for bracing and Aircast, 3) tax - Aircast is 30% international.
OFIX sees FY06 $2.45-2.55 ex-items is in-line with my $2.46 forecast; and it sees revs $335-345 mln vs my $340.34 mln estimate
Golf Galaxy expects the acquiring of The GolfWorks (GGXY) to be neutral to EPS in FY07 and accretive to EPS beginning in FY08.
The Company said its agreement to purchase The GolfWorks is expected to close in early March.
The purchase price, is subject to customary closing adjustments, and consists of a combination of approximately $4 mln in cash. GGXY common stock valued at approximately $4.5 mln; and Golf Galaxy's warrants to purchase 150,000 shares of GGXY common stock is valued at approximately $1.5 mln. In addition to the above, GGXY will assume approximately $5 mln in debt from The GolfWorks.
La-Z-Boy Q3 profits at the furniture company slipped 5.0% and sales were down 0.9%. That is languid.
Gorman-Rupp Company beat my forecast by $0.01
(GRC) reported a Q4 EPS of $0.30; and revenues rose 25.9% to $64.1 mln vs my model's $58 mln estimate.
(BHI) Baker Hughes Note: They had a solid financial report, confirming why investors should buy into recent weakness in oil services stocks.
I am upgrading the following select drillers : Schlumberger (SLB) Transocean (RIG) and Diamond Offshore Drilling (DO)
Move them to Outperform from Sector Perform.
Wild Oats Markets impressed the Street with their financial results.
(OATS) the natural foods grocer, posted better than expectd Q4 results and higher full-year guidance.
Dell increased storage revenues 41% year-over-year. Shipments of servers increased 11% year-over-year, with strong growth in EMEA and APJ. Revenue for enhanced services was up 26%. Revenue for imaging products was up 17% year-over-year as Dell moved its focus from single-function inkjets to color laser and all-in-one inkjet printers. Consumable revenue continued to grow and contribute more to overall imaging revenue, driving stronger profitability.
The transition to mobility products worldwide resulted in revenue increases of 22% on shipment increases of 47%
The Company plans to repurchase at least $1.2 bln in stock during the next quarter.
In review, DELL surpassed my estimates by two cents.
Dell delivered fiscal Q4 EPS of $0.43 per share. Revenues rose 12.8% year/year to $15.18 bln vs. my estimate: $14.83 bln. DELL reported Q4 gross margin 18.4%.
However, the Company issued downside guidance for Q1, seeing their EPS of $0.39-0.41 excluding an estimated $0.03 in stock based compensation. This contrast to my model's $0.42 consensus.
Dell also sees Q1 revs of $14.2-14.6 bln vs. my $14.72 bln forecast.
Intuit (INTU) reported Q2 (Jan) earnings of $0.97 per share, which was two cents better than my forecast; and revenues rose 14.6% year/year to $742.7 mln which also topped my model's $733.6 mln estimate.
The Co issued downside guidance for Q3, sees EPS of $1.62-1.66 vs. my $1.74 estimate; and sees Q3 revs of $860-880 mln vs. my $892.87 mln target.
For FY06, the Company sees EPS of $2.27-2.32 (my forecast: $2.32)and revenues of $2.22-2.26 bln (my forecast: $2.25 bln).