Monday, June 4, 2007

Investing success (or not) for 6/4/07

The market showed amazing resiliency today. Shanghai had an 8% meltdown yesterday (well, today, but it feels like yesterday to us because we were all sleeping), and this has typically led to similar pullbacks across the world's bourses. But not today. USA! USA! USA!

But seriously, both the Dow and the S&P 500 posted new records (again). The weird thing is that the gains were miniscule, and yet my portfolio was up $504. I love days like that!

Investing successes today:
Dawson Geophysical (DWSN) - up 4.9%.

OYO Geospace (OYOG) - up 4.1%.

I had 12 other stocks that were up at least 1.5% today.

My Chinese stocks - besides Kongzhong, which bears mentioning below in the "failures" section, my Chinese holdings held up rather well. Typically on a day where Shanghai has a huge drop, my Chinese holdings take a bit of a beating. I was just surprised that that did not happen today.

Investing failures today:
Sadia (SDA) - down 2.7%. No big deal, I'm still up 89% on this stock.

Kongzhong (KONG) - down 2.4%. The stock with the coolest ticker symbol is a real pain in my arse. I have two lots - one is down 40%, the other is down 28%. This stock is barking.

1 comment:


The stock market can be a ruff place to be.