Dive! Dive!

The markets started well. That was the end of the good news. DNS -29, -16, -5.

Watchlisters up 5% or more: CAAS (+32.6%!), PAAS, TRLG, WATG, PLAB & COCO.

Those down 5% or more: YONG, ARR (-6.5%), RBCN (-6%), HNR & SIMG.

Trades:

I bought shares for two accounts and a call spread for SCCO based on its numbers and the recent performance of VALE and PAAS. I should have picked up some PAAS too! (+8.4%)

I experimented this week with weekly options. Monday I bought a call spread for today's expiration on CAT ... 9 cents in the money. Note that CAT went up for four straight weeks. Let's just say that it didn't make it to five weeks (-100%). Sigh.

Value-sales port, +45.7%

The value-sales portfolio gave up a small bit of ground, back to +45.7%.

Reversal alerts: (4). Such wonderful names as ALTI GIS SORL and TM. Pass.