Update

July 19, 2007 | Posted by Jorge

It’s been a long night getting InvestingAdventures up and running. The import process needed some manual editing but nothing terribly difficult. Suggestions on any widgets, scripts, or other items that you would like to see here would be greatly appreciated. Currently, I’ve enabled ticker updates throughout my posts. Let me know if those ticker updates slow the site down much. The sidebar’s mostly complete. Toward the bottom there’s a quick snapshot of the market (delayed 20 minutes). I’m working on optimizing positions of different widgets so bear with me.

In the meantime, DJIA’s holding steady over 14,000. I still wouldn’t jump into any stocks within the financial sector, even with Bank of America’s [[BAC]] good earnings report this morning. Too many people are afraid of what’s called the sub prime mortgage mess. My natural gas play, XTO Energy [[XTO]], has been doing well the past couple of days. Natural gas prices appear to be inching upward, giving it a nice boost. My speculative play, Level 3 Communications [[LVLT]], has started a downward trend the past couple of days. I’ve been buying in lots of 10 as the price drops. I still think LVLT will hit $7 by the end of the year which would result in a nice 20%+ gain. Once I have 100 shares of LVLT, I’ll begin writing covered calls; however, I’m still learning the options market. There’s great reading material out there for both stocks and options. I’ll compile a list later on this week. Thanks for sticking around during the domain name change!

Categories: Equities, Market Pulse, Options, Portfolio Progress | Tags: | Comments