Sign Up | Log In | What is SocialPicks?

The Rock-Star Investors Next Door

SocialPicks is a community where stock investors exchange ideas and track performance of financial bloggers.

Are you a stock guru?

Share picks & earn reputation

Carl Futia carlfutia.blogspot.com

Start Tracking Carl Futia

This is a Tracking Account | Tracked since 01/22/2007 [?] SocialPicks is not affiliated with Carl Futia

Picks Performance:

Outperforms

41%

of community

What's this?

All-time Return +10.87% (in over 2 years)	Risk (SD) Aggressive 0.00%	Sharpe Ratio -19.59
Followers 1	Winning Picks 3 of 5	Total Views 4003

Overview

Stocks

Blogs

Stats

Community

Carl Futia's Blog Posts

Visit Blog: carlfutia.com

update 12/03/09 — The e-minis have traded for three consecutive day sessions in a narrow, ten point range right at the top of an 9 month rally. Tomorrow the employment numbers will be released at 8:30 am.I will tolerate a break to 1100 or so, but anything worse than that will mean that the market is probably headed do...

Read 0 comments

'Tis the season! 12/03/09 — I started this blog in April of 2005, more than four and a half years ago. The markets have provided us with lots of excitement over these nearly five years!My goal has been to give my readers a glimpse into the world of a trader with no BS, faked track records, or predictions of the past. I have tri...

Read 0 comments

sold long unit at 1111.00 12/03/09 —

Read 0 comments

Long one unit at 1110.00 12/03/09 —

Read 0 comments

Guesstimates on December 3, 2009 12/03/09 — December S&P E-mini Futures: Today's day session range estimate is 1108-1122. I think the market is headed for the 1130-40 range. <o:p></o:p> QQQ: Support is at 42.50. Upside target is 46.50. <o:p></o:p> TYX (thirty year bond yield): I think this market has begun a move...

Read 0 comments

Still up 12/02/09 — Here is an hourly chart showing 24 hour e-mini trading. The trend is still upward as indicated by the rising trend in the market's trading ranges (blue ovals). This morning the market tried to break out over the last top at 1111.75 but couldn't hold its gains. The selling that materialized subsequent...

Read 0 comments

Guesstimates on December 2, 2009 12/02/09 — December S&P E-mini Futures: Today's day session range estimate is 1102-1116. I think the market is headed for the 1130-40 range. <o:p></o:p> QQQ: Support is at 42.50. Upside target is 46.50. <o:p></o:p> TYX (thirty year bond yield): I think this market has begun a move...

Read 0 comments

sold one unit at 1110.75 12/01/09 —

Read 0 comments

Update 12/01/09 — Here is a daily chart of 24 hour e-mini trading. My current upside target is the green oval which lies at the confluence of two trend lines and the midpoint of the 2008-09 bear market at 1126. I think the October top at 1099 (red dash line) will provide support for the subsequent reaction. After tha...

Read 0 comments

A few more bricks for the Wall Of Worry 12/01/09 — Here is my latest post on "The Art of Contrarian Trading"....

Read 0 comments

Long one unit at 1105.25 12/01/09 —

Read 0 comments

Guesstimates on December 1, 2009 12/01/09 — December S&P E-mini Futures: Today's day session range estimate is 1098-1112. I think the market is headed for the 1130-40 range. <o:p></o:p> QQQ: Support is at 42.50. Upside target is 46.50. <o:p></o:p> TYX (thirty year bond yield): I think this market has begun a move...

Read 0 comments

Sold one unit at 1089.00 11/30/09 —

Read 0 comments

update 11/30/09 — Here is a 30 minute bar chart showing 24 hour e-mini trading. Last Thursday the market broke below its previous low at 1082.50 on the Dubai World default news. But it put in only one brief trading range below there (first blue oval). That downside breakout now looks like a false alarm to me because t...

Read 0 comments

Long one unit at 1089.00 11/30/09 —

Read 0 comments

Guesstimates on November 30, 2009 11/30/09 — December S&P E-mini Futures: I think Friday's 1067 low will hold. In fact I do not expect to see the e-minis trade below 1082. Today's range estimate is 1085-1100. I think the market is headed for the 1130-40 range. <o:p></o:p> QQQ: Support is at 42.50. <o:p></o:p> TY...

Read 0 comments

Never mind! 11/27/09 — Here is a five minute bar chart showing globex trading in the e-minis from yesterday afternoon through the early part of today's pit trading.In this morning's guesstimate I said that the drop below the previous low at 1082.50 implied that the market would continue down to 1040 or so during the next w...

Read 0 comments

Guesstimates on November 27, 2009 11/27/09 — December S&P E-mini Futures: The Dubai World default sent world markets spiraling downward yesterday. The e-minis traded as low as 1067 last night. The drop below the 1082 level changes the short term picture. I now think that the reaction which started from the November 16 top at 1112 will carr...

Read 0 comments

Guesstimates on November 25, 2009 11/25/09 — December S&P E-mini Futures: The day session range estimate is 1106- 1116. I think the 1126 level will be reached within a few days. <o:p></o:p> QQQ: Next upside target is 45.60. Support is at 43.25. <o:p></o:p> TYX (thirty year bond yield): I think this market has be...

Read 0 comments

sold long unit at 1099.25 11/24/09 —

Read 0 comments

« previous
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
next »

More about Carl Futia

Avg exp holding time:
780.83 days

Website:
carlfutia.blogspot.com

About Me:

This is an automatic tracking account of the blog at carlfutia.blogspot.com. We scour all over the we ... more

IN THE PRESS

None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.