Spreadsheet: 111936d1308163890-modification-to-countifs-formula-example
Sheet: All Closed Positions

All Closed Positions
Ticker | Execution Date | L/S | $ [NAME] | Target $ [NAME] | Basket $ [NAME] | % PnL | Target % PnL | Basket % PnL | Dividends Received/(Paid) | $ PnL +/- Dividends | Dollar Exposure | Commish | Trade Duration (Days) | [NAME] | Analyst | Rank | [NAME] | Comment | Earnings | Tag | Close Out Date | S&P % Change | Trailing Stop/Max Loss | Slippage |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | All Closed Positions
Booked PnL Today
Booked PnL Yesterday |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | ii1xMultiple |  |  | All others
Booked PnL Month-To-Date |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Number of Trades |  |  | Number of Trades
Booked PnL Total Sum |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Number of Winning Trades |  |  | Number of Winning Trades
# Trades |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Percentage of Winning Trades |  |  | Percentage of Winning Trades
# [NAME] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Average Trade P&L |  |  | Average Trade P&L
% Winning Trades |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Cumlative P&L |  |  | Cumlative P&L
Average Trade PnL
Avg. Trade PnL Winners
Avg. Trade PnL Loosers
SRE | 2011-02-28 00:00:00 | Short | 1029 | -3029 | 4057 | 0.0103 | -0.0303 | 0.0406 | -155.46 |  | 199922 | 99 | 48 | 1.38 | Ford | ii1x4 | 12802.0996 | Sempra Energy downgraded to Equal Weight from Overweight at Barclays. Price target lowered to $55 from $57. | After | N/A | 2011-05-05 00:00:00 | 0.01032022334269979 | N/A
ONNN,XLNX,TXN | 2011-03-02 00:00:00 | Long | -9589.763499999826 | -26776.51569999999 | 17186.75220000016 | -0.03160140615817994 | -0.08909024310474392 | 0.05748883694656398 | 0 |  | 599482 | 624.9120000000104 | 11 |  | Danely | ii1x4 | 4789 | JP Morgan believes the inventory correction is almost over and that ON Semiconductor will benefit from a 2H11 inventory replenishment. Price target is $14. JP Morgan believes the analog inventory correction is almost over and that Texas Instruments should benefit from a 2H11 inventory replenishment. Price target raised to $44 from $27. JP Morgan believes the inventory correction is almost over and that [NAME] is positioned for market share gains. Price target raised to $40 from $29.50. :theflyonthewall. Japan earthquake rattled the entire semi sector during this trade. Trade would have worked if we went long two "more" bullish names and short "less" bullish name | N/A | N/A | 2011-03-16 00:00:00 | -0.03499044814228465 | -0.03
IVR | 2011-03-02 00:00:00 | Long | -8380 | -10951 | 2571 | -0.0823 | -0.108 | 0.0257 | 3521.8 |  | 201341 | 247.09 | 15 | 0.01 | Harting | ii1x6 | 1145.7679 | Company announced secondary offering which took our position through our stop loss | After | N/A | 2011-03-22 00:00:00 | -0.006867966210927516 | -0.03
EXPE | 2011-03-08 00:00:00 | Long | 3141 | 323 | 2818 | 0.0315 | 0.0032 | 0.0282 | 325.57 |  | 199844 | 181.72 | 10 | 0.06 | [NAME] | ii1x3 | 5919.7163 | Citigroup upgraded Expedia citing the recent pullback in shares. The firm has a $29 price target and calls Expedia the best value name among Internet stocks. :theflyonthewall | N/A | N/A | 2011-03-21 00:00:00 | -0.01014951518383641 | 0.034
MOS | 2011-03-09 00:00:00 | Short | 2765 | 5583 | -2818 | 0.0276 | 0.0558 | -0.0282 | 0 |  | 200124 | 55.74 | 3 | -1.64 | [NAME] | ii1x2 | 30676 | Citigroup downgraded both [NAME] (MOS) and Potash (POT) citing valuations and a lack of near-term catalysts. The firm dropped its price target for Mosaic to $84 from $92 | N/A | N/A | 2011-03-11 00:00:00 | -0.01118504895356493 | 0.0287
AMT | 2011-03-15 00:00:00 | Long | -9592.481825999974 | -5437.039999999994 | -4155.44182599998 | -0.09554737655337497 | -0.0540101522842639 | -0.04153722426911107 | 0 |  | 200754.110174 | 173.1919999999917 | 5 | -2.1 | Hodulik | ii2 | 19888.5977 | UBS upgraded American Tower (AMT) and Crown Castle (CCI) to Buy from Neutral. The firm believes network-sharing fears are overdone and that 4G demand will increase the need for faster networks and bandwidth. American Tower price target raised to $60 from $53. :theflyonthewall.T takeover announcement of T Mobil negative for Towers and killed trade | N/A | N/A | 2011-03-21 00:00:00 | 0.02933860987717599 | -0.03
CCI | 2011-03-15 00:00:00 | Long | -8054 | -3900 | -4154 | -0.0807 | -0.0392 | -0.0415 | 0 |  | 199521 | 183.23 | 5 | -1.35 | Hodulik | ii2 | 11344.6523 | UBS upgraded American Tower (AMT) and Crown Castle (CCI) to Buy from Neutral. The firm believes network-sharing fears are overdone and that 4G demand will increase the need for faster networks and bandwidth. American Tower price target raised to $60 from $53. :theflyonthewall. T takeover announcement of T Mobil negative for Towers and killed trade | N/A | N/A | 2011-03-21 00:00:00 | 0.02933860987717599 | -0.03
BBT | 2011-03-16 00:00:00 | Long | -3527 | -1082 | -2445 | -0.0353 | -0.0109 | -0.0245 | -299.72224 |  | 199541 | 166.78 | 5 | 0.33 | O'Connor | ii1x2 | 18609.4707 | Deutsche Bank upgraded BB&T citing relative valuation and long-term growth opportunities. Price target raised to $31 from $28. :theflyonthewall | N/A | N/A | 2011-03-22 00:00:00 | 0.01328104304700635 | -0.03
OEH | 2011-03-18 00:00:00 | Long | 1817 | -45 | 1862 | 0.0181 | -0.0004 | 0.0185 | 0 |  | 202885 | 240.41 | 4 | -0.4 | Greff | ii1x5 | 1483.4958 | Orient-Express pullback provides good entry point, says [NAME]. JP [NAME] believes the sell-off in Orient-Express shares is unjustified given the company's low exposure to the Middle East and Japan. JP Morgan reaffirms its Overweight rating on shares with a $17 price target. Stock opened at $12.05..traded down to $11.90 within first 30 min then turned around and traded up closing at $12.31 | N/A | N/A | 2011-03-23 00:00:00 | 0.006364483079788832 | 0.0293
DFS | 2011-03-22 00:00:00 | Long | 2538 | 1178 | 1360 | 0.0254 | 0.0118 | 0.0136 | 0 |  | 199693 | 235.32 | 2 | 2.33 | Harting | ii1x6 | 12131.7441 | After beating 4Q consensus handily three months ago, we would expect DFS to do the same this quarter with our EPS estimate at $0.60 relative to consensus of $0.51, as credit quality continues to beat expectations. We are also raising our price target from $23 to $26, which is 11x our new 2012 EPS estimate. Stock | Before | N/A | 2011-03-23 00:00:00 | -0.0004625346901017752 | 0.0246
RUE | 2011-03-22 00:00:00 | Long | -3203 | -5020 | 1816 | -0.0313 | -0.0494 | 0.0182 | 0 |  | 201432 | 133.97 | 2 | -2.25 | [NAME] | ii1x5 | 690.3396 | https://mm.jpmorgan.com/stp/t/c.do?i=5F488-43B&u=a_p*d_565773.pdf*h_-li9htj2 | After | N/A | 2011-03-23 00:00:00 | -0.0004625346901017752 | -0.03
WYNN | 2011-03-22 00:00:00 | Long | 2281 | 3230 | -949 | 0.0228 | 0.0323 | -0.0095 | 0 |  | 199871 | 155.45 | 7 | -0.71 | Greff | ii1x5 | 14756.3027 | We reaffirm our Overweight ratings on both LVS and WYNN and believe that current levels offer attractive risk-reqards following a slew of events that has caused investor sentiment to meaningfully erode over the last month. | N/A | N/A | 2011-03-30 00:00:00 | 0.02351218008017277 | 0.0251
LVS | 2011-03-22 00:00:00 | Long | 7364 | 9733 | -2369 | 0.0734 | 0.0971 | -0.0238 | 0 |  | 199936 | 187.59 | 4 | -1.25 | Greff | ii1x5 | 27685.8203 | We reaffirm our Overweight ratings on both LVS and WYNN and believe that current levels offer attractive risk-reqards following a slew of events that has caused investor sentiment to meaningfully erode over the last month. | N/A | N/A | 2011-03-25 00:00:00 | 0.01218008017267971 | 0.0809
T | 2011-03-24 00:00:00 | Long | 4991 | 7295 | -2304 | 0.0499 | 0.073 | -0.023 | 0 |  | 199984 | 89 | 7 | 0.36 | [NAME] | ii1x5 | 168712.3125 | [NAME] upgraded AT&T citing synergies from the T-Mobile acquisition. Price target raised to $31 from $28 | N/A | N/A | 2011-04-01 00:00:00 | 0.02108895705521472 | 0.0491
COF | 2011-03-24 00:00:00 | Long | 7342 | 8692 | -1349 | 0.0731 | 0.0866 | -0.0135 | 0 |  | 200107 | 188 | 26 | 1.49 | Harting | ii1x6 | 23718.0137 | After DFS reports strong earnings on 3/22/11 Harting believes COF should outperform and beat earnings estimates when they report in april. 2 days later on 3/24/11 COF opened sharply down ~2% while market opened flat and we scooped up shares. We held stock through earnings because [NAME]'s estimates were higher then the streets. | N/A | N/A | 2011-04-29 00:00:00 | 0.04624233128834356 | 0.0728
SUN | 2011-03-25 00:00:00 | Long | -2989 | -1608 | -1381 | -0.0298 | -0.016 | -0.0138 | 0 |  | 200535 | 75 | 10 | 0.91 | [NAME] | ii1 | 5576.3501 | We reiterate our 1-Overweight rating on SUN and raise our price target to $58 from $51 per share. • Despite our cautious refining outlook, we remain bullish on SUN and believe that the coke spin-off will help unlock value for its shares. We believe that the market will be pleased that the separation process is now moving forward and think the renewed interest should begin to breathe life into the stock. | N/A | N/A | 2011-04-07 00:00:00 | 0.01584882657726291 | -0.03
PCLN | 2011-03-25 00:00:00 | Long | 3816 | 8633 | -4817 | 0.0389 | 0.087 | -0.0481 | 0 |  | 199402 | 53 | 8 | 1.19 | [NAME] | ii1x3 | 23936.8281 | Priceline.com target raised to $610 from $575 at Citigroup. Citigroup raised its estimates and price target and continues to view Priceline.com as one of the most attractive large-cap Internet stocks despite the rally year-to-date. The firm reiterates a Buy rating on the stock. | N/A | N/A | 2011-04-05 00:00:00 | 0.01523925632429137 | 0.035
MAR | 2011-03-28 00:00:00 | Short | 1547 | -3136 | 4683 | 0.0149 | -0.0313 | 0.0462 | 0 |  | 201406 | 134.45 | 1 | -1.47 | Kent | ii2 | 12988.1982 | Goldman downgraded Marriott based on uncertainty surrounding the proposed spin-off of its timeshare business. Price target lowered to $38 from $48.. Shortly after the stock opened the company guided revpar to the low end of the range. | N/A | N/A | 2011-03-28 00:00:00 | -0.00455996352029201 | 0.0158
SIG | 2011-03-29 00:00:00 | Long | -2067.160799999998 | -1256.392800000001 | -810.7679999999964 | -0.0206464642133023 | -0.0125430338142722 | -0.008103430399030104 | 0 |  | 200220 | 92.51999999999293 | 1 | -0.63 | Boruchow (Tunick Co-Sign) | N/R | 3841.9844 | Boruchow expected company to beat earnings by $0.05, reported stronger then expected comps and announce a $500mm buyback. Company beat and reported stronger comps but did not announce a buyback. [NAME] ii1x5 was the second analyst on the report. This was Boruchows first covered company so we assumed that [NAME] was "holding his hand" | Before | N/A | 2011-03-30 00:00:00 | 0.01451822419194625 | -0.03
HOT | 2011-03-30 00:00:00 | Long | -3174 | -2153 | -1022 | -0.0315 | -0.0213 | -0.0102 | 0 |  | 201141 | 118 | 6 | 1.01 | Greff | ii1x5 | 11209.0322 | [NAME] thinks this is most appealing stock following JPM conference | N/A | N/A | 2011-04-06 00:00:00 | 0.008374198415692079 | -0.03
VMW | 2011-03-30 00:00:00 | Long | -2999 | -3829 | 831 | -0.0298 | -0.0381 | 0.0083 | 0 |  | 201150 | 117 | 4 | -0.57 | Holt | ii1 | 34499.0547 | VMware named a long Research Tactical Idea at Morgan Stanley :theflyonthewall | N/A | N/A | 2011-04-04 00:00:00 | 0.00535646925688404 | -0.03
OPEN | 2011-03-31 00:00:00 | Short | -3013 | -4333 | 1319 | -0.0298 | -0.043 | 0.0132 | 0 |  | 200808 | 85 | 4 | 1.99 | [NAME] | ii1x3 | 2495.385 | Citigroup downgraded OpenTable citing valuation with the stock nearing its $108 price target. :theflyonthewall | N/A | N/A | 2011-04-05 00:00:00 | 0.004826546003016703 | -0.03
AMR | 2011-04-01 00:00:00 | Short | 4415 | 10907 | -6492 | 0.045 | 0.1099 | -0.065 | 0 |  | 199230 | 504 | 7 | -1.07 | [NAME] | ii1x3 | 2130.6523 | JP Morgan believes the Airline industry can post 11% revenue growth in 2011 and sees attractive value in certain names. The firm upgraded US Airways (LCC) to Overweight from Neutral with a $12 price target while keeping Overweight ratings on United Continental (UAL) and Delta Air Lines (DAL). The firm also downgraded AMR Corp. (AMR) with a reduced price target of $8.50. :theflyonthewall | N/A | N/A | 2011-04-11 00:00:00 | -0.007120905479349289 | 0.0445
LCC | 2011-04-01 00:00:00 | Long | -3300 | -4319 | 1019 | -0.0336 | -0.0439 | 0.0103 | 0 |  | 197157 | 418 | 3 | -1.17 | [NAME] | ii1x3 | 1421.4323 | JP Morgan believes the Airline industry can post 11% revenue growth in 2011 and sees attractive value in certain names. The firm upgraded US Airways (LCC) to Overweight from Neutral with a $12 price target while keeping Overweight ratings on United Continental (UAL) and Delta Air Lines (DAL). The firm also downgraded AMR Corp. (AMR) with a reduced price target of $8.50. :theflyonthewall | N/A | N/A | 2011-04-05 00:00:00 | -0.001274267296304531 | -0.03
TYC | 2011-04-01 00:00:00 | Long | 4777 | 5057 | -280 | 0.0474 | 0.0502 | -0.0028 | 0 |  | 200341 | 108 | 3 | -2.03 | Tusa | ii2 | 21437.334 | Remains Top Pick | N/A | N/A | 2011-04-05 00:00:00 | -0.001274267296304531 | 0.0464
COV | 2011-04-01 00:00:00 | Long | 421 | 3219 | -2798 | 0.0042 | 0.0321 | -0.0279 | 385 |  | 200578 | 111 | 14 | -1.96 | [NAME] | ii1x4 | 26006.0391 | Thesis intact remain overweight. Trade was closed out early due to company reporting earnings on 4/21/11 | N/A | N/A | 2011-04-20 00:00:00 | -0.002323663893261392 | N/A
CTL | 2011-04-01 00:00:00 | Long | -3062 | -2996 | -66 | -0.0307 | -0.03 | -0.0007 | 0 |  | 200278 | 149 | 2 | -1.72 | Flannery | ii1 | 24597.8535 | Believes merger with Q is positive and should boost stock price | N/A | N/A | 2011-04-04 00:00:00 | -0.001124353496739417 | -0.03
GR/TDG | 2011-04-04 00:00:00 | Long | 5276 | 550 | 4726 | 0.0531 | 0.0055 | 0.0476 | 0 |  | 199395 | 47 | 13 | -1.28 | [NAME] | ii1 | 10919 | JP Morgan upgraded [NAME] citing relative valuation. Price target raised to $106 from $103. JP Morgan downgraded TransDigm citing valuation. Price target remains $86. | N/A | N/A | 2011-04-20 00:00:00 | -0.002473206924979484 | 0.0523
C | 2011-04-05 00:00:00 | Long | 1648 | 2461 | -813 | 0.0166 | 0.0248 | -0.0082 | 0 |  | 198862 | 593 | 5 | -1.7 | McDonald | ii2 | 129880.4297 | Bernstein upgraded Citigroup based on valuation and potential book value growth. Price target is $5.75. :theflyonthewall | N/A | N/A | 2011-04-11 00:00:00 | -0.00406015037593979 | 0.019
SNI | 2011-04-05 00:00:00 | Long | -397 | 142 | -538 | -0.004 | 0.0014 | -0.0054 | 0 |  | 198963 | 125 | 21 | -0.27 | Swinburne | ii2 | 8542.126 | Reiterate OW rating. SNI has lagged peers by 15% YTD. Company had earnings on 5/5/11. We liquidated position to avoid earnings risk | N/A | N/A | 2011-05-04 00:00:00 | 0.0137593984962407 | N/A
CIT | 2011-04-06 00:00:00 | Short | 3107 | 6127 | -3020 | 0.0304 | 0.0606 | -0.0302 | 0 |  | 201059 | 192 | 7 | -0.42 | Harting | ii1x6 | 8504.1719 | As reported previously, Barclays downgraded CIT Group to Equal Weight from Overweight. Barclays downgraded CIT Group citing valuation and delayed book value growth. Price target lowered to $46 from $48. :theflyonthewall | N/A | N/A | 2011-04-14 00:00:00 | -0.0173289512996713 | 0.0355
WYNN | 2011-04-07 00:00:00 | Long | 5835 | 1067 | 4768 | 0.0585 | 0.0107 | 0.0478 | 0 |  | 199571 | 131 | 8 | 1.44 | Greff | ii1x5 | 16871.1113 | JP Morgan raised its estimates for Las Vegas Sands (LVS), Wynn Resorts (WYNN) and Melco Crown (MPEL) to reflect strength in Asia. The firm upped its price target for Las Vegas Sands to $58 from $56, for Wynn Resorts to $150 from $140 and for Melco Crown to $9 from $8. JP Morgan keeps Overweight ratings on both Las Vegas Sands and Wynn Resorts | N/A | N/A | 2011-04-18 00:00:00 | -0.02143606655673801 | 0.0606
LVS | 2011-04-07 00:00:00 | Long | 897 | -4094 | 4991 | 0.009 | -0.041 | 0.0501 | 0 |  | 199525 | 157 | 8 | 1.51 | Greff | ii1x5 | 32800.1797 | JP Morgan raised its estimates for Las Vegas Sands (LVS), Wynn Resorts (WYNN) and Melco Crown (MPEL) to reflect strength in Asia. The firm upped its price target for Las Vegas Sands to $58 from $56, for Wynn Resorts to $150 from $140 and for Melco Crown to $9 from $8. JP Morgan keeps Overweight ratings on both Las Vegas Sands and Wynn Resorts | N/A | N/A | 2011-04-18 00:00:00 | -0.02143606655673801 | 0.0113
FRC | 2011-04-11 00:00:00 | Long | 1421 | 450 | 972 | 0.0142 | 0.0045 | 0.0097 | 0 |  | 199474 | 157 | 5 | -1.44 | [NAME] | ii3 | 3711.5867 | JP Morgan upgraded First Republic Bank after meeting with management and raised its price target for shares to $35 from $33. :theflyonthewall | N/A | N/A | 2011-04-15 00:00:00 | -0.007218045112782015 | 0.0111
NE | 2011-04-11 00:00:00 | Long | -2990 | -7665 | 4675 | -0.0291 | -0.0771 | 0.048 | 0 |  | 196777 | 58 | 4 | 0.38 | Slorer | ii1 | 11408.1523 | Morgan Stanley said they are increasingly positive on the Offshore Drilling sector given relative underperformance and higher oil prices. The firm upgraded Transocean (RIG) to Overweight from Equal Weight and Noble Corporation (NE) and [NAME] (ESV) to Equal Weight from Underweight and downgraded Rowan Companies (RDC) citing valuation. : | N/A | N/A | 2011-04-14 00:00:00 | -0.01082706766917292 | -0.03
ESV | 2011-04-11 00:00:00 | Long | -803 | -1908 | 1105 | -0.0079 | -0.0192 | 0.0113 | 0 |  | 196589 | 49 | 8 | -0.59 | Slorer | ii1 | 8245.3477 | Position was liquidated early because ESV reported earnings on 4/21/11. Morgan Stanley said they are increasingly positive on the Offshore Drilling sector given relative underperformance and higher oil prices. The firm upgraded Transocean (RIG) to Overweight from Equal Weight and Noble Corporation (NE) and [NAME] (ESV) to Equal Weight from Underweight and downgraded Rowan Companies (RDC) citing valuation. : | N/A | N/A | 2011-04-20 00:00:00 | 0.0007518796992480775 | N/A
ORLY | 2011-04-13 00:00:00 | Long | -3097 | -1941 | -1156 | -0.0309 | -0.0193 | -0.0116 | 0 |  | 199446 | 90 | 4 | -1.65 | Horvers | r/u | 7800.2451 | JP Morgan downgraded O'Reilly Automotive citing the impact of higher gas prices on the lower end consumer, slowing sales, and relative valuation, among other reasons. Price target lowered to $49 from $55. | N/A | N/A | 2011-04-18 00:00:00 | -0.01150817686250765 | -0.03
JCP | 2011-04-13 00:00:00 | Long | -2805 | -850 | -1955 | -0.0281 | -0.0085 | -0.0196 | 0 |  | 199824 | 99 | 7 | 0.3 | [NAME] | ii1x7 | 8585.7822 | positive on stock after recent management meeting | N/A | N/A | 2011-04-21 00:00:00 | 0.01287098728043601 | -0.03
CSC | 2011-04-20 00:00:00 | Short | 13449 | 11602 | 1846 | 0.1338 | 0.1154 | 0.0184 | 0 |  | 200855 | 132 | 9 | 1.87 | [NAME] | ii2 | 7650.5996 | IBM Q1 results are negative for stock. On 5/3/11 company lowered guidance and stock sold off ~13% | N/A | N/A | 2011-05-03 00:00:00 | 0.02144792293798912 | 0.1331
DOW | 2011-04-29 00:00:00 | Long | 1522 | -3172 | 4693 | 0.015 | -0.0319 | 0.0469 | 0 |  | 199669 | 79 | 4 | 2.27 | Zekauskas | ii2 | 48091.3633 | JP Morgan upgraded Dow Chemical following earnings citing relative valuation and free cash flow yield. Price target raised to $47 from $36. | After | N/A | 2011-05-04 00:00:00 | -0.009767920094006934 | 0.0141
TER | 2011-04-29 00:00:00 | Long | 1353 | -532 | 1886 | 0.0133 | -0.0053 | 0.0186 | 0 |  | 201908 | 164 | 5 | -3.57 | Muse | ii2 | 2984.6184 | Muse says sell off of 14% following earnings is unwarranted | After | N/A | 2011-05-05 00:00:00 | -0.01872796709753219 | 0.0133
AA | 2011-05-02 00:00:00 | Long | 4430 | 404 | 4026 | 0.0442 | 0.004 | 0.0401 | 0 |  | 200075 | 147 | 2 | -1.46 | Tharani | r/u | 18317.1797 | Goldman upgraded [NAME] based on structural changes in the alumina industry and exposure to the aerospace upcycle. Price target raised to $22 from $17. :theflyonthewall | N/A | N/A | 2011-05-03 00:00:00 | -0.009776026847596144 | 0.0442
HST | 2011-05-02 00:00:00 | Short | 1129 | -2197 | 3327 | 0.011 | -0.022 | 0.033 | 0 |  | 200896 | 152 | 9 | -0.63 | Farley | ii1x9 | 12021.0078 | UBS downgraded Host Hotels citing valuation and increased EBITDA guidance. Price target lowered to $19 from $20. :theflyonthewall | After | N/A | 2011-05-12 00:00:00 | -0.01451812942292245 | 0.01
RTN | 2011-05-02 00:00:00 | Long |  |  |  |  |  |  | -786 |  |  |  |  | -2.47 | [NAME] | ii1 | 17621.4102 | RTN's discount vs. NOC is hard to justify. He recommends pair trade of RTN/NOC. | After | N/A
VIA.B | 2011-05-03 00:00:00 | Long | 683 | -7272 | 7955 | 0.0075 | -0.0724 | 0.0799 | 492.25 |  | 200139 | 194 | 29 | 1.34 | [NAME] | r/u | 30015.0859 | Upgraded from neutral to Buy. Price Target 52 to 62. Earnings were on 4/28/11 | After | N/A | 2011-06-13 00:00:00 | -0.0613 | N/A
LYB | 2011-05-03 00:00:00 | Long | -3549 | -4911 | 1361 | -0.035 | -0.0487 | 0.0137 | 0 |  | 200115 | 73 | 2 | 2.28 | Zekauskas | ii2 | 25306.4668 | Substantially raise EPS estimates and raise price target from $40 to $60 following earnings. [NAME], ii1-2x at Citi also had positive comments following earnings. | After | N/A | 2011-05-04 00:00:00 | -0.00831126802000585 | -0.03
WBS | 2011-05-05 00:00:00 | Long | 2096 | 2066 | 30 | 0.0212 | 0.0209 | 0.0003 | 0 |  | 197821 | 187 | 5 | -1.65 | Harting | ii1x6 | 1792.7668 | While visiting investors on the West Coast for the first time, WBS management made comments about their strategy that gave us more confidence in our above consensus 2012 EPS estimate of $1.65 (vs. consensus of $1.49). | N/A | N/A | 2011-05-11 00:00:00 | 0.002684964200477217 | 0.0239
OXY | 2011-05-09 00:00:00 | Short | 3824 | 7145 | -3322 | 0.0381 | 0.0711 | -0.033 | 0 |  | 201201 | 60 | 11 | 1.47 | Driscoll | ii2 | 87365.0313 | As previously reported, Barclays downgraded Occidental to Equal Weight from Overweight. The firm valuation, likely flat FY11 production growth, and increased capital spending. Price target lowered to $108 from $118. :theflyonthewall | N/A | N/A | 2011-05-23 00:00:00 | -0.01587301587301584 | 0.0381
ACC | 2011-05-11 00:00:00 | Long | -3185 | -3902 | 718 | -0.0321 | -0.0393 | 0.0072 | 939.2625 |  | 198810 | 94 | 3 | 1.01 | Nussbaum | ii3 | 2360.0049 | UBS upgraded American Campus based on valuation, development pipeline, and rent growth. Price target raised to $40 from $31. Stock went ex dividend on 5/13/11 and we stopped ourselves out early not recognizing this. | N/A | N/A | 2011-05-13 00:00:00 | -0.01201444681948843 | -0.03
CE | 2011-05-11 00:00:00 | Long | -2986 | -6918 | 3932 | -0.0306 | -0.0701 | 0.0396 | 0 |  | 198058 | 67 | 10 | 2.4 | [NAME] | ii1x2 | 7910.9692 | Citigroup raised its estimates following Celanese's investor day and upped its target for shares to $63 from $59. The firm says the company remains it top pick in Chemicals and reiterates a Buy rating on shares. [NAME] R/U also raises price target and bullish on stock | N/A | N/A | 2011-05-24 00:00:00 | -0.02741947372300434 | -0.03
IRM | 2011-05-11 00:00:00 | Long | 3248 | 2555 | 693 | 0.0324 | 0.0254 | 0.0069 | 0 |  | 200234 | 79 | 15 | -0.37 | Steinerman | ii1x6 | 6550.5132 | resumed coverage with an overweight. Target is $37 and was previously $28 before stock went on restricted list. | N/A | N/A | 2011-06-01 00:00:00 | -0.013 | 0.0347
ATI | 2011-05-12 00:00:00 | Long | -3079 | -3902 | 823 | -0.0308 | -0.039 | 0.0083 | 0 |  | 199358 | 63 | 4 | 1.09 | Tharani | r/u | 7474.5234 | Upgraded to buy from neutral. Goldman raised Allegheny estimates based on the Ladish acquisition and believes the company will benefit from its more diversified product mix. Price target raised to $90 from $65. | N/A | N/A | 2011-05-17 00:00:00 | -0.006786992840095651 | -0.03
WYN | 2011-05-13 00:00:00 | Long | -2981 | -3871 | 890 | -0.0297 | -0.0386 | 0.0089 | 0 |  | 200145 | 97 | 3 | 1.39 | Greff | ii1x5 | 5787.9014 | Greff positive on [NAME] following meeting with management | N/A | N/A | 2011-05-17 00:00:00 | -0.01465038845726984 | -0.03
GLNG | 2011-05-18 00:00:00 | Long | 1592 | 2594 | -1001 | 0.0152 | 0.025 | -0.0097 | 0 |  | 206814 | 148 | 3 | -0.39 | Slorer | ii1 | 1977.6398 | initiated with an overweight at morgan stanley. | N/A | N/A | 2011-05-20 00:00:00 | 0.002776943860702526 | 0.02
INTC | 2011-05-19 00:00:00 | Long | 1102 | -3036 | 4138 | 0.0115 | -0.03 | 0.0415 | 100.24 |  | 200958 | 170 | 10 | 1.19 | Covello | ii1 | 124809.0859 | Goldman downgraded Intel (INTC) based on recent share strength and excess processor supply. The firm said that processors out-shipped PCs by about 10% in Q1 and they are concerned about tablet cannibalization | N/A | N/A | 2011-06-02 00:00:00 | -0.0261 | 0.012
KLAC | 2011-05-19 00:00:00 | Short | -3121 | -869 | -2252 | -0.031 | -0.0087 | -0.0222 | 100.24 |  | 200790 | 125 | 7 | -1.61 | Covello | ii1 | 6891.1855 | Goldman downgraded KLA-Tencor (KLAC) citing expectations of lower capex spending by Intel and foundries | N/A | N/A | 2011-05-27 00:00:00 | -0.0076 | -0.03
LRCX | 2011-05-19 00:00:00 | Long | -3130 | -3944 | 814 | -0.0318 | -0.0399 | 0.0081 | 0 |  | 200030 | 117 | 1 | -0.86 | Covello | ii1 | 5802.5137 | Goldman upgraded Lam Research citing its high exposure to memory and its outlook for increased memory capex in 2012. Price target lowered to $47 from $54. We bought the stock at the open at 47.90 and it immediately traded down to 47.00 | N/A | N/A | 2011-05-19 00:00:00 | -0.0008902077151335648 | -0.03
CSX | 2011-05-19 00:00:00 | Long | 2192 | -5065 | 7257 | 0.022 | -0.0498 | 0.0718 | 474.12 |  | 202734 | 51 | 17 | -1.49 | Wadewitz | ii1x2 | 28326.3477 | Positive comments after conference. Strong financial targets were above our expectations | N/A | N/A | 2011-06-13 00:00:00 | -0.0525 | 0.0199
MOS | 2011-05-20 00:00:00 | Long | 4355 | 7155 | -2800 | 0.0436 | 0.0718 | -0.0281 | 0 |  | 199199 | 61 | 7 | -1.67 | N/A | N/A | 30676 | [NAME] priced at $65.00. Existing shareholder Cargill is selling their stake. | N/A | 2ndary | 2011-05-31 00:00:00 | -0.005 | 0.0433
CF | 2011-05-23 00:00:00 | Long | 3746 | 5825 | -2079 | 0.0369 | 0.0581 | -0.0212 | 0 |  | 198456 | 77 | 2 | 1.51 | Zekauskas | ii2 | 10561.6533 | JP Morgan upgraded CF Industries neutral to buy citing valuation, solid free cash flow, and favorable fundamentals. Price target raised to $170 from $150. | N/A | N/A | 2011-05-24 00:00:00 | -0.0002273071677526984 | 0.0382
TDC | 2011-05-24 00:00:00 | Long | -3353.662400000016 | -3939.2304 | 585.5679999999847 | -0.03277214860791046 | -0.03862028451259326 | 0.005848135904682807 | 0 |  | 202156 | 129.5819999999981 | 8 | 1.11 | Huberty | ii3 | 9143.4258 | As reported previously, Morgan Stanley upgraded Teradata to Overweight from Equal Weight. The firm believes recent investments will allow Teradata to increase its addressable market. Price target is $65. | N/A | N/A | 2011-06-03 00:00:00 | -0.0141 | -0.03
HES | 2011-05-24 00:00:00 | Long | -3098 | 1916 | -5014 | -0.0303 | 0.019 | -0.0494 | 0 |  | 202163 | 68 | 4 | 0.28 | [NAME] | ii1 | 26310.0254 | Reiterate OW rating and recommend the purchase of the shares to take advantage of recent sell off | N/A | N/A | 2011-05-27 00:00:00 | 0.01 | -0.03
VRUS | 2011-05-24 00:00:00 | Long | -3193 | -4168 | 975 | -0.0315 | -0.0412 | 0.0097 | 0 |  | 201243 | 46 | 2 | -0.77 | Meacham | ii2 | 3718.781 | raise pt $100 to $200 | N/A | N/A | 2011-05-25 00:00:00 | -0.0016 | -0.03
WMS | 2011-05-26 00:00:00 | Short | -3185 | 2137 | -5322 | -0.0316 | 0.0212 | -0.0528 | 0 |  | 201321 | 222 | 7 | -2.25 | Greff | ii1x5 | 1797.76 | JP Morgan believes WMS Industries FY12 guidance and Street estimates are too high and prefers Overweight rated Pinnacle Entertainment (PNK) and Penn National (PENN) due to stronger operating leverage. WMS Industries price target was lowered to $31 from $37. | N/A | N/A | 2011-06-06 00:00:00 | -0.0175 | -0.03
POT | 2011-05-31 00:00:00 | Long | 2536 | -5612 | 8148 | 0.0243 | -0.0562 | 0.0805 | 0 |  | 201104 | 65 | 10 | 1.62 | [NAME] | ii1x2 | 48825.35 | Citigroup upgraded both [NAME] (MOS) and Potash (POT) citing the recent pullback in shares and strong Ag fundamentals. The firm upped its price target for Mosaic shares to $85 from $84. Citi keeps a Hold rating on Agrium (AGU) but raised its target for shares to $96 from $94. :theflyonthewall.com | N/A | N/A | 2011-06-13 00:00:00 | -0.0558 | 0.0233
BIG | 2011-05-31 00:00:00 | Long |  |  |  |  |  |  | -200.4642 |  |  |  |  | -1.57 | Adler | ii1x9 | 2504 | As previously reported, Barclays upgraded Big Lots to Overweight from Equal Weight. Barclays upgraded shares based on earnings expectations and valuation. Price target lowered to $38 from $46. | N/A | N/A
CVS | 2011-05-31 00:00:00 | Long |  |  |  |  |  |  | -200.4642 |  |  |  |  | 0.8 | [NAME] | ii1x7 | 52163.06 | Citigroup raised its price target for CVS Caremark after the company won a three-year contract to provide integrated PBM services for the Blue Cross and Blue Shield. The firm keeps a Buy rating on the stock. :theflyonthewall | N/A | N/A
HNZ | 2011-06-02 00:00:00 | Long |  |  |  |  |  |  |  |  |  |  |  | 1.05 | Palmer | r/u | 17304 | UBS upgraded Heinz based on higher EPS growth, improving business fundamentals, and emerging market opportunities. Price target raised to $62 from $47. | After | N/A
WINN | 2011-06-02 00:00:00 | Long | -3589 | -7510 | 3921 | -0.0363 | -0.0758 | 0.0395 | 0 |  | 198202 | 328.6359999999958 | 5 | 0.65 | Adler | ii1x9 | 430 | raise pt 8 to 11 following strong earnings. Still think stock is cheap. We had this stock on our watchlist to buy at $8.40. Stock traded up to $9.35 and came back to our watchlist price a few weeks later. | N/A | N/A | 2011-06-08 00:00:00 | -0.0289 | -0.03
WPP | 2011-06-06 00:00:00 | Long | 1702 | -129 | 1831 | 0.017 | -0.0013 | 0.0183 | 0 |  | 201508 | 376 | 1 | -1.05 | Staphos | ii1x8 | 318.66 | Wausau Paper downgraded to Underperform from Neutral at BofA/Merrill. PT lowered to $6 from $9 | N/A | N/A | 2011-06-06 00:00:00 | -0.0037 | 0.0255
CTXS | 2011-06-07 00:00:00 | Short |  |  |  |  |  |  |  |  |  |  |  | 0.54 | Difucci | ii3 | 15479.54 | JP Morgan downgraded Citrix Systems to Underweight from Neutral with a $65 price target on concerns the valuation is stretched at current levels. The firm believes shares are pricing in overly optimistic market adoption rates of desktop virtualization technology and believes Citrix is unlikely to be acquired | N/A | N/A
EXPE | 2011-06-07 00:00:00 | Long | 2123 | 1460 | 662 | 0.0213 | 0.0147 | 0.0066 | 0 |  | 199886 | 149 | 6 | 1.01 | [NAME] | ii1x3 | 7420 | Citigroup raised its price target $29 to $33 for Expedia after meeting with management and reiterates a Buy rating on the stock. The firm says [NAME] remains its top large cap value play. :theflyonthewall | N/A | N/A | 2011-06-14 00:00:00 | -0.0005 | 0.0209
PRU | 2011-06-07 00:00:00 | Long |  |  |  |  |  |  |  |  |  |  |  | -0.6 | Kligerman | ii2 | 29226.32 | UBS raised Prudential estimates ahead of the company's Investor Day on June 9. The firm expects management to reiterate ROE expansion goals and outline its capital management strategy. Shares are [NAME] rated with a $77 price target. :theflyonthewall | N/A | N/A
VC | 2011-06-08 00:00:00 | Long | -3056 | -4016 | 960 | -0.0307 | -0.0403 | 0.0096 | 0 |  | 199589 | 99 | 3 | 0.89 | [NAME] | ii1x4 | 3128 | Initiated with an overweight at PM. Price target $75 | N/A | N/A | 2011-06-10 00:00:00 | -0.0089 | -0.03
CLF | 2011-06-08 00:00:00 | Long | -2827 | -1468 | -1358 | -0.0285 | -0.0147 | -0.0137 | 0 |  | 198671 | 87 | 2 | 0.16 | N/A | N/A | 11772 | Cliffs Natural Resources 9M share Secondary priced at $85.63 | N/A | 2ndary | 2011-06-09 00:00:00 | 0.0072 | -0.03
PETD | 2011-06-15 00:00:00 | Long |  |  |  |  |  |  |  |  |  |  |  | -1.78 | Allman | r/u | 729.11 | JP Morgan upgraded PDC Energy based on valuation and near-term catalysts from production ramps and drilling results. Says [NAME] off as a result of the departure of CEO is not a significant as the market may believe.  Price target raised to $47.50 from $44.50. | N/A | N/A
SWFT | 2011-06-15 00:00:00 | Long |  |  |  |  |  |  |  |  |  |  |  | 0.71 | Wadewitz | ii1x2 | 1766.44 | JP Morgan upgraded Swift Transportation based on valuation and recent data that indicates the truckload market appears to be tightening. Price target is $16. : | N/A | N/A