Recent content by lakeshow

Update: I did not play HCP as it came into $35. Decided to avoid for two reasons. Lack of color on the short situation and the short squeeze that occurred in 8270 Uny. Uny took a lot of heat and got squeezed from 960 to over 1100. Closed yesterday at 967, margin short position has been cut...

I had limit orders in below and managed to pick up an odd lot at $22 around 4:15am EST. I don't have a T&S for pre-market trading, but was this trading well at a discount to the offer? And yeah, this deal is a lock.

Apologies, I did not catch this very important press release(duh, wake up!) which came out on the 24th. Had I been on top of this, would have been interested in shorting as previously mentioned. Toronto-Dominion Bank’s (TD-in the Global 1200) acquisition of Commerce Bancorp is anticipated...

Please see the attached screen cap: I've left out global and regional(i.e. DJ Eurostoxx 50), but some are important so I'll add at a later date. I hope others can help alert the community to events involving the indices listed above.

Most likely I won't be using options(Asian equity options aren't even tradable with my broker). However, some event trades may be better expressed by using them so I'm open to this. Currently, I am examining the impact of revisions to TOPIX free-float weightings and adjustment factors that...

I have institutional buyside experience with Asian equity markets, so I have a better idea of how things react to news/events over there than the States. There's only so many events one person can track, analyze, and trade. Big events don't happen that often though(index rebalances...

Updates: 8270(Tokyo Stock Exchange): Still think it has a lot more to the downside, but don't have access to short. Closed @ 958 on 3/25, closed at 933 on 3/26. HCP: Announced they will issue 12.5mln shares to accomodate some of the index fund demand. I still estimate almost 10mln shares...

Event: S&P 500 to add HCP Inc., change to take effect at close of March 31st. HCP is replacing Commerce Bancorp which is being acquired by TD Bank. Also CC will be removed, and Philip Morris will be added, but I will not focus on these as Philip Morris is currently only trading...

I'll start off by discussing a trade that has been in the works since last week. Going forward, I hope to document all trade ideas before the events conclude. At the close of trading on March 11th, it was announced that the Nikkei 225 would be adding Uny(8270) to the index at the close of...

The goal of this journal is to detail all event-driven/news trading ideas. Positions can be held overnight if necessary. Technicals may be considered, but the focus is to take trades from the analysis of an event or piece of news. I welcome comments and criticisms, and invite the community to...

I don't mean to threadjack your journal, but would there be any interest among the Japan traders to have Japan focused market discussions(Nikkei, JGBs, stocks, yen, anything else) on a private forum or chat room? I am currently doing things solo, and my main focus is on news and events, but I...

Schaefer, Japanese stock markets are being dragged around by the yen right now. I do not trade JPY but many stock plays available as a proxy for currency plays. Increase in broker research being put out analyzing the effects of yen fluctuations on Japanese corporate earnings. If you...

I look forward to reading your journal as I primarily trade Japan(simex n225, TSE listed stocks, ADRs). I like to trade events and news as much as possible. I do also take technical trades(primarily on the index) and for charting I look at 1, 5, 30 min, as well as daily charts, no indicators...

Magnum, Your financial advisor is a salesman first and foremost. I understand that you aren't comfortable managing all of your investment/trading capital, and I think a financial advisor who offers low fees while helping you to determine and achieve investment objectives via passive portfolio...