Today in the Market

Well, today wasn't another up day as one would have hoped. Apparently, President Obama's speech lacked details again according to those that polled investor opinion, and the stock market was set to open lower. However, it didn't affect the Asian markets the same way. After the speech, the Asian markets continued to hold on to their gains and even picked back up again hours prior to it's close.

At the close the Nikkei ended at 7,461.22, up +192.66 points, or +2.65%. The Hang Seng closed at 13,005.08, an increase of +206.56 points, a +1.61% move. And the Straits Times closed at 1,616.79, +2.35 points higher, a marginal +0.15% move.

Unfortunately, it appears the European markets didn't see it the same way as Asia and was affected by the opening of the US markets towards the end of their day. The FTSE closed at 3,848.98 only an increase of +32.54 points or a +0.85% move after tumbling from a high of 3,884.06 to a low of 3,803.92, a deficit of -48.68 points from it's open. The DAX closed at 3,846.21 a decline of -49.54 points, a -1.27% move to the downside. The CAC closed at 2,696.92 a decline of -11.13 points, a marginal move of -0.41% to the downside.

Today the Dow closed at 7270.89, a decline of -80.05 points, or a -1.09% move. The NASDAQ closed at 1425.43, a -16.40 points, or a -1.14% move. The S&P closed at 764.90, a -8.24 points, or a -1.07% move. An overall, bearish flat day.

So how did I do in the market today? Well the intended trades of Advanced Micro Devices (AMD), Ford Motors (F), Liberty Media (LINTA, NLH JZ), and HRPT Property Trust (HRP, HRP JZ) executed today. My preferred stock of FPL didn't get moved into today due to moving lower. I still like it at this price but I am unwilling to change my entry and exit points. I will be resubmitting them for tomorrow.

Advanced Micro Devices - I was entered into AMD at 2.21 and the day ended with it at 2.22. Minus commissions this is a bearish flat day.

Ford Motors - I was entered into F at 2.04 and the day ended with it at 2.01, a bearish day.

HRPT Property Trust - I was entered into the long call of HRP JZ at 1.50 and the day ended with it at 1.50 still. Minus commissions this is a bearish flat day

Liberty Media - I was entered into the long call of NLH JZ at 1.55 and the day ended with it at 1.55 still, a bearish flat day.

Other than resubmitting my OTO order for FPL I have no other trades I am planning to make at this time.

That is my opinion, you can take it or leave it.

Disclaimer: I am not a stock broker; I am not a financial advisor; I am not recommending to you what to buy or sell. I am just an opinionated investor. If you decide to follow in my footsteps you are taking risk. It is inevitable that I may be wrong. So if you are going to follow in my footsteps that is your own personal decision. I am not responsible for any loss that you may, and probably will, incur regardless of my opinion.