UCS Update: much ballyhoo about nothing

Nothing, nada! The markets are down today. So much for the Apple bounce. Average volume on the ProShares Technology Fund with 63,701 traded so far. Recently, a huge trade came over at around 10:40 am- the offer price about 38,500 shares on an offer of $31.25. I am also looking at my Level II screen- the bid and offer spreads are averaging around .05 cent to .19 cents. Nothing poppin off yet. Might be a good time to start setting up some trading strategies for the week on the fund.

06/08/09 10:58:43 AM

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Portfolio Update

By Rick Walter I have posted a new Biotechnology portfolio . It's total return as of November 25, 2009 is 3.4%. However, to download and use it you will have to subscribe to the portfolio, of course. On an important note, I consider each portfolio to be well diversified in its particular sector but I've recently decided to add stock futures and options positions to each portfolio which will increase each portfolio's return but lower the risks going forward.

Morning Update

By Rick Walter Still working on putting together a strong biotech portfolio. Here is a good general article on the state of the biotech industry that was posted yesterday on the online Wall Street Journal's site- Biotech Stocks Hot Right Now, Ho-Hum in the Long Run.

Diversification and Risk

I am always trying to come up with new combinations of investments for the next exciting portfolio. Lately, I've been sort of stuck. The norm would be to build something like a QQQ portfolio , a Russell 1000 , or a Russell 2000 portfolio , maybe even a Mid-Cap or Small-Cap portfolio . Boring stuff if you think about it. I could get a little radical and try to build a pop culture type theme portfolio like the Sopranos portfolio , the Donald Trump portfolio - "your fired", or the Obama vs. Dick Cheney portfolio - a long/ short portfolio of course, with lots of defense stocks on the Cheney side of the portfolio. How about a Weapons of Mass Destruction portfolio - that would be a derivatives based portfolio with lots of CMOs'- sub-prime mortgages in the mix. Heh-heh-heh! We could really get creative and produce some wonderful stuff, but I don't know if they would make any money. Or maybe, I could build a portfolio such as a moderate Mid-Cap portfolio and just give it...

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