Todays trades

Following are today's trades:

Buy 200 shares ADM $35.73=($7136.00)
Sell 100 shares RIMM $124.87=12487.00
Buy 400 shares BIDU $96.10=($38440.00)
Sell 4 contracts BDQCT BIDU Dec 100 call @ $420.00 per contract=$1680.00
Buy target for 300 shares CAT @ $59.00
Short target for 500 shares RIMM@ $127.50
Buy target 100 shares of GOOG @ $460.00

Today's transactions ($31409)
Commission $44.00
Total transactions: ($31453)

Portfolio:

BA 100 shares long @ $85.45=$8545.00
COP 500 shares long @ $62.37=$31185.00
PD 200 shares l0ng @ $98.60=$19720.00
ADM 200 shares long @ $35.73=$7136.00
BIDU 400 shares long @ $96.10=$38440.00
BDQCT (BIDU Dec 100 calls) 4 contracts short @ $420.00=($1680)
Total positions=$103346.00
Cash: $363.80
Gain to date $3709.80(3.71%)

Rationalizations for trades:

ADM momentum looking good after election. I am going to see if I can ride this for a little while.

RIMM: This was a one day momentum play. It was bought yesterday and I sold it today. If it goes higher, I think there will be some correction so if it reaches $127.50 I will go short.

BIDU: Looks like this has a full head of steam. I am pairing this with a Call for a hedge.

CAT: Looks like it is stabilizing so if I can catch it at $59.00 tomorrow, I will buy.

GOOG: It looks like it could go a little lower. This is a compelling investment if it reaches $460.00.

Good luck investors

Disclosure: I am not currently long or short any of the shares aforementioned. I have some speculative option positions in GOOG and RIMM.

Note to all readers: This post and all other posts in this blog are for entertainment purposes only. All of the stocks listed are very highly speculative, and the portfolio is not diversified and could produce severe losses if you were to invest in these stocks. None of these stocks represent a recommendation in any way. As an individual investor, you have to assume your own risk. Prior performance is no guarantee of future returns.