scherf_com
Location:
scherf_com
Website:
http://scherf.com/
Bio: In markets since late 70s. Founder of Europe's first Discount Stock Brokerage in late 80s. Founder of MimoMat (TM) and CFindex (TM). CEO of Cascada Corporation.
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scherf_com
3-Mos. Libor is now up around 10% over the past few weeks hitting 0.271% this AM. Rising Libor rate is usually not good for the markets. $$
Mar. 18 at 8:16 AM
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scherf_com
$BIDU near our $600 target. Now looking for $900 in the next leg up, but as usual with some minor corrections in between.
Mar. 15 at 8:29 AM
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scherf_com
Some important ETFs like the $DRN, $FAS, $TNA, $EDC, $TYH still edged up today. It's getting toppy! Looking for $CSCO announcement tomorrow.
Mar. 8 at 7:25 PM
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scherf_com
Last March ('09) I was frustrated as everything dropped unreasonably to extreme lows, & I bot financials, $FAS like crazy & it paid off big!
Mar. 5 at 11:38 AM
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scherf_com
Crude oil price is unreasonably expensive near $82/barrel. Alone for a trade, oil short via $DTO looks very attractive around $61.40
Mar. 5 at 11:29 AM
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scherf_com
Market is completely out of whack. Overall most stocks are still cheap, but for now a correction is way overdue! $SPXU $EDZ $TZA $QID
Mar. 5 at 11:25 AM
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scherf_com
Out of $DNDN in pre-market for now after buying at dip on 3/2. Stock may see the 40's soon, but I just don't know and had to take profits.
Mar. 4 at 8:45 AM
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scherf_com
$BRK-B popping again to over $83. Still solid uptrend.
Mar. 3 at 3:54 PM
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scherf_com
Out of $CF at HOD. Finally dumped our long-held $ISIS for a loss. Thinking that crude is simply too high, liking the oil short via $DTO
Mar. 3 at 1:07 PM
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scherf_com
$LVS has over $5 billion in the bank. CEO Adelson: convention biz will be back to high '07 levels by 2011. Like $LVS best of casino-resorts.
Feb. 26 at 6:39 PM
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scherf_com
Debt Refi coming up for $MGM ... could be a very hard sell. Doesn't look good, ... perhaps this time bankruptcy is a real possibility.
Feb. 24 at 9:52 AM
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scherf_com
$MGM . A stroll thru Aria / City Center project in Las Vegas reveals lack of foot traffic, empty rooms, slow retail, layoffs, ...very slow.
Feb. 24 at 9:46 AM
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scherf_com
We used to be bullish on $WYNN but recent company policy changes and certain company developments, seem to make $WYNN an excellent short.
Feb. 23 at 1:03 PM
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scherf_com
Room rates at $WYNN Las Vegas properties have dropped significantly. Quarterly results may be impacted negatively. Price target: $25-$35
Feb. 23 at 12:56 PM
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scherf_com
$UNG near low of range at around $8.92 ... seems like $DTO is rebounding just fine as crude oil prices are weaker.
Feb. 22 at 10:13 AM
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scherf_com
3-Mo. Libor rate is edging up a bit (now 0.252). $IRE is hitting low of its current range at $6.50 but still up 880% from last March.
Feb. 22 at 7:53 AM
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scherf_com
Crude seems to be hitting high of range again at around $80. $DTO is becoming interesting again at around $64 ... range around $65 - $80.
Feb. 21 at 12:59 PM
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scherf_com
$DRN is getting up there around $135 ... usually trades between $100 and $160 (narrow range $104 - $130)... was a good week for the REIDs.
Feb. 21 at 12:57 PM
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scherf_com
CNBC is to report on Las Vegas today (12/15) talking about the casino industry, real estate and getting ready for recovery. $WYNN $LVS $MGM
Dec. 15 at 10:02 AM
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scherf_com
Fundamentally market is not as sound as it appears, but swimming with the flow. Traded $DRN all week long. And as mentioned nice pop in $DTO
Dec. 11 at 11:12 PM
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scherf_com
Our oil short via $DTO is finally working.T'was a long wait since late October '09 from around $57 now back to over $80 on $DTO; +40% so far
Dec. 11 at 10:12 AM
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scherf_com
Traded $LVS $15 Call Nov. options from yest. to this AM, ...for us from $1.25 to $1.80 (+44%); also sold all remaining $BIDU Puts.
Oct. 30 at 3:04 PM
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scherf_com
Traded $FSLR and the $FSLR $130 Call Nov. options this AM, ... nice pop on the call (for us $4.60 to $6),... sold $FSLR position at $127.42
Oct. 29 at 12:29 PM
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scherf_com
Bot yest (10/27) $BIDU $410 Nov Call @ $7 & $350 Nov Put @ $5.80 ... Sold 2day Call @$11.20 & Put @ $3.80 ... Net $20G on 100 contracts.
Oct. 28 at 10:31 AM
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scherf_com
Nice 7% pop in $BIDU in first few minutes this AM. Quick trades w/ $20G profit on each 1000 share block. From below $350 in pre-mkt to $374.
Oct. 27 at 9:46 AM
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scherf_com
Watching $BIDU very carefully. $BIDU is down $83 to below $350 now, which is the first possible buy level, but it could drop as low as $308.
Oct. 27 at 8:39 AM
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scherf_com
Our opinion: Crude oil is overpriced by $15-$25 / $DTO (own it) ; US-Dollar is way too cheap / $UUP ; Market is overpriced $TZA $DRV $FAZ
Oct. 22 at 9:44 AM
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scherf_com
Today's $WYNN pop made my day, ...t'was a safe bet (LOL). Although a good start this AM,our $DTO position is dragging us down a bit for now.
Oct. 16 at 2:01 PM
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scherf_com
Write it down: $USO will drop to $32 by Nov.15, 2009 and $DTO will soar to $96 by Nov. 15, 2009. Same scenario like June 11 - July 13,2009.
Oct. 15 at 2:35 PM
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scherf_com
High speculation stock $CIT had another nice pop this AM. Casinos are selling off this AM in sympathy with $MPEL downturn: $WYNN $LVS $MGM
Oct. 15 at 10:24 AM
