SGU – Star Gas Partners

Star Gas Partners, L.P. operates as a home heating oil distributor and services provider in the United States. It provides its services to residential and commercial customers to heat their homes and buildings. As of September 30, 2009, the company sold home heating oil to approximately 374,000 full service residential and commercial home heating oil customers and propane to approximately 7,000 propane customers. It also sells home heating oil, gasoline and diesel to approximately 34,000 customers. In addition, Star Gas Partners installs, maintains, and repairs heating and air conditioning equipment, as well as provides ancillary home services, including home security and plumbing to approximately 11,000 customers. Kestrel Heat, LLC operates as the general partner of the company. Star Gas Partners was founded in 1995 and is headquartered in Stamford, Connecticut.

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PGR – Progressive Insurance Corporation

The Progressive Corporation, through its subsidiaries, provides personal and commercial automobile insurance, and other specialty property-casualty insurance products and related services primarily in the United States. The company was founded in 1937 and is headquartered in Mayfield Village, Ohio.

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Update : TLT – Bond Market Surging

Folks have been rushing to bonds for safety, but I would not buy them here..

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TBT (2x short bonds) closed at an all time low on Thursday..

previous post = Bonds Breaking Out

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SPY – Positional Short

Latest study on the S&P500 index reveals the following setup,

Ladder short – up to $114, place a stop at $115 : intent for possible hold into Q4.
A big volume up day would negate, but I suspect the next outlier to be red (again).
I cannot fathom the cause for a runup on volume..

20% long / 30% cash / 50% short = target allocation

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Note the positioning of a 987day EMA at the top of my fibonacci moving average ribbon.
Present value $114ish , it corresponds with the January high (left shoulder).

Look for this to put a cap on the summer rally.

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Update : Commodity ETFs

gasoline

crude oil

natural gas

silver

gold

gold weekly

“In making speculation a business, one automatically keeps an eye on all markets for the big opportunities.” – Jesse Livermore

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GGAL‎ – Grupo Financiero Galicia (ADR)

Grupo Financiero Galicia S.A. operates as the holding company for Banco de Galicia y Buenos Aires S.A. that provides financial products and services to large corporations, small and medium-sized companies, and individuals.  GGAL was founded in 1905 and is based in Buenos Aires, Argentina.

15min intraday bars..

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Update : SPY/SPXU‎ daily charts

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Update : Sprint Nextel Corp

Sprint will report earnings on the morning of Wednesday, July 28th

Hourly chart..

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Twin Peaks at Dusk

Alpenglow above the Gad Valley

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MEI – Methode Electronics Inc

Methode Electronics, Inc. manufactures component devices worldwide. The company’s products utilize electronic and optical technologies to control and convey signals through sensors, interconnections, and controls. The company was founded in 1946 and is headquartered in Chicago, Illinois.

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