Market Update

My S&P puts expired with a profit at $5. Google is flying past $500 and is currently up some 2.71% in today's market. Many of the stocks on my watch list, such as WYNN, GS, MA, AAPL, NYX, HANS are all moving up fast here. I was bidding on Crude yesterday at $58.00. The January contract was trading at $57.75 only minutes before, however I missed that trade although I am still long the contract. Metal, oil and commodity stocks are all up big right here. We are seeing colder weather now in the US.

Two Trades

Rolled over the December contract in Crude to January. Bought the SPX Put with the 1405 strike and expiration tomorrow. Payed $4.7. A pure speculation play.

Two All Time Highs and More

My two biggest holdings both made all time highs today. PARE ended the session at it highest point SEK 58. The stock is playing out perfectly according to plan. There should be a lot more to come its way. Google was very close to break the $500 barrier intraday, but ended the day at slightly above $390. Fundamentally I strongly believe that the stock could go to $600.

Silver made a turn-around today, ending up after being down in the morning. Crude also showed some strength after the inventory data. US is still very warm, but that could change quick.

The two big disappointments in the portfolio both belongs to the Lundin sphere, namely LUMI and LUPE. Today I switched Lumi to LMC for purely technical reasons. The stock is getting hurt by the price of Copper which is not as bullish as Zinc. I might average down on this position going forward. LUPE I have view as a proxy for Crude which has been a mistake. I don't like to sell it down here and it very well could be that the company wants to give the market a bearish picture in order to surprise to the upside in the future.

A Very Good Day

Pare and Lumi up over 6% each today, Boli up almost 4% as commodities find new strength. Goog is up over 1%.

I sold my last Nordnet at 21.90.

Waiting for pull-back to go in heavier in equities.

A Comeback

LUMI.ST is back in the portfolio. I bought them yesterday in Stockholm before Cramer's buy recommendation was widely known in the market. The stock is fundamentally very attractive and I like its zinc exposure.

A Very Healthy Market

Today's sell-off comes one day after the end of the fiscal year for mutual funds, maybe not a coincident. The selling of GS and TTM turned out to have been done at a remarkable good time. GS was down over 2% today and TTM has been down big since I closed out the position. Continued to scale back in Nordnet today as the stock showed some strength.

Crude and Silver are strong here. Crude was up big at one time today after the inventory data.

Tomorrow I might add a new position in Stockholm, a certain urgency is related to arbitrage issues.