WHAT WE DO? WE SELL OPTIONS FOR INCOME. WE USE THAT INCOME TO BUY DIVIDEND GROWTH STOCKS!
CHECK OUR TRADES ON OUR FACEBOOK PAGE OR HERE.


Posted by MartZee June 08, 2009
No Comments



 




Citigroup to be dropped off of my portfolio

Citigroup to be dropped off of my portfolio

When I was looking at [tag]Citigroup[/tag] (C) as a potential [tag]buy[/tag], it was in the time when the [tag]price[/tag] was [tag]up-trending[/tag], creating new high highs and high lows and I considered this purchase a pure [tag]gambling[/tag]. I knew it and a was buying it with it in my mind. A pure [tag]speculation[/tag].

Citigroup

However, when I was buying (see the magenta arrow in the [tag]chart[/tag]), the [tag]stock[/tag] stopped creating the new high highs and high lows. I do not like what I can see on the chart. The stock is [tag]down-trending[/tag] or being in [tag]consolidation[/tag]. It has no [tag]momentum[/tag], which it had a few weeks ago.

I decided to drop this stock, but have it in my [tag]Watch list[/tag].


Stay updated with Hello Suckers Hello Suckers Feed

Recommended websites & blogs:


Dividends4Life
Dedicated to the process of identifying superior dividend investments…

Stock Market Analysis at DeepMarket




TastyWorks

We all want to hear your opinion on the article above:
No Comments



Posted by MartZee June 07, 2009
4 Comments



 




Market monitor – Sectors & Industries


Sectors are slowing down and rotating. However, we may be expecting some growth in upcoming month as Nick Godt is saying in his article. Well, if he is right, it may be the right time to buy some more positions from leading industries. When I chatted with Kevin last week about investing, he got a very good point:

“Do not invest in more than two companies within one sector.”

Very good point I think. Here are the sectors I could compile from the last week market performance. So let’s search for new opportunities within these sectors.

Last 30 days [tag]performance[/tag] (top 5):

Consumer goods +7.47%
Oil & Gas +7.40%
Financials +6.96%
Basic materials +5.86%
Technology +5.30%

(Data retrieved from [tag]financial[/tag] websites such as [tag]MarketWatch[/tag], [tag]MSN Money[/tag], [tag]Yahoo Finance[/tag], and others)


Stay updated with Hello Suckers Hello Suckers Feed

Recommended websites & blogs:


Dividends4Life
Dedicated to the process of identifying superior dividend investments…

Stock Market Analysis at DeepMarket




TastyWorks

We all want to hear your opinion on the article above:
4 Comments



Posted by Martin June 05, 2009
No Comments



 




Picks 06/01 – 06/05


New stock picks this week:

None

Existing & new holdings:

Symbol Qty Last Gain($) Gain(%)
C 47 3.46 -26.29 -13.92
SYNA 26 37.41 13.28 1.38
V 27 69.28 87.75 4.92

Contribution this week: $0

Starting account value = $2,221.04

Account value = $2,254.50 (without margin)

Buying power = $3,770.78

[tag]Portfolio Gain/loss[/tag] this week = 1.51%

[tag]Portfolio[/tag] Gain/Loss for JUNE 2009 = 1.51%

Portfolio Gain/loss for 2009 = 2.02%

[tag]Annual Return[/tag] (CAGR): -14.59%


Are you interested in Reverse Scale Strategy and see how it works when implemented to even a small account?

Stay updated with Hello Suckers Hello Suckers Feed

Recommended websites & blogs:


Dividends4Life
Dedicated to the process of identifying superior dividend investments…

Stock Market Analysis at DeepMarket




TastyWorks

We all want to hear your opinion on the article above:
No Comments



Posted by Martin June 01, 2009
1 Comment



 




SYNA – new position opened


Today I decided to buy Synaptics Inc (SYNA). I bought 26 shares @ 36.89 and set my stop loss @ 31.94. Total risk per trade will be 13.42% which is 3% of the entire portfolio value. The stock is trending up, creating new high highs and new high lows.




TastyWorks

We all want to hear your opinion on the article above:
1 Comment



Posted by Martin May 29, 2009
No Comments



 




Picks 05/25 – 05/29


New stock picks this week:

None

Existing & new holdings:

Symbol Qty Last Gain($) Gain(%)
C 47 3.72 -14.07 -7.45
V 27 67.71 45.36 2.54

Contribution this week: $0

Starting account value = $2,165.77

Account value = $2,221.04 (without margin)

Buying power = $4,436.93

[tag]Portfolio Gain/loss[/tag] this week = 2.55%

[tag]Portfolio[/tag] Gain/Loss for MAY 2009 = 0.97%

Portfolio Gain/loss since inception = -15.86%

[tag]Annual Return[/tag] (CAGR): -15.86%


Are you interested in Reverse Scale Strategy and see how it works when implemented to even a small account?

Stay updated with Hello Suckers Hello Suckers Feed

Recommended websites & blogs:


Dividends4Life
Dedicated to the process of identifying superior dividend investments…

Stock Market Analysis at DeepMarket




TastyWorks

We all want to hear your opinion on the article above:
No Comments



Posted by MartZee May 25, 2009
No Comments



 




Market monitor – Sectors & Industries


When I was searching for the data from the last week, it seems that the [tag]market[/tag] is losing steam and slowing down. Will the [tag]trend[/tag] enter a [tag]correction[/tag], is it heading for return to its downtrend journey or will it gain new strength to move up? We will see next week.

Last 30 days [tag]performance[/tag] (top 5):

Financials +15.57%
Basic materials +13.53%
Oil & Gas +9.11%
Consumer goods +7.83%
Health Care +6.09%

(Data retrieved from [tag]financial[/tag] websites such as [tag]MarketWatch[/tag], [tag]MSN Money[/tag], [tag]Yahoo Finance[/tag], and others)


Stay updated with Hello Suckers Hello Suckers Feed

Recommended websites & blogs:


Dividends4Life
Dedicated to the process of identifying superior dividend investments…

Stock Market Analysis at DeepMarket




TastyWorks

We all want to hear your opinion on the article above:
No Comments



Posted by MartZee May 23, 2009
No Comments



 




Picks 05/18 – 05/22


No new stock picks this week:

Existing & new holdings:

Symbol Qty Last Gain($) Gain(%)
C 47 3.67 -16.42 -8.69
V 27 65.75 -7.56 -0.42

Contribution this week: $0

Starting account value = $2,174.38

Account value = $2,165.77 (without margin)

Buying power = $4,396.43

[tag]Portfolio Gain/loss[/tag] this week = -0.40%

[tag]Portfolio[/tag] Gain/Loss for MAY 2009 = -1.55%

Portfolio Gain/loss since inception = -17.95%

[tag]Annual Return[/tag] (CAGR): -17.95%


Are you interested in Reverse Scale Strategy and see how it works when implemented to even a small account?

Stay updated with Hello Suckers Hello Suckers Feed

Recommended websites & blogs:


Dividends4Life
Dedicated to the process of identifying superior dividend investments…

Stock Market Analysis at DeepMarket




TastyWorks

We all want to hear your opinion on the article above:
No Comments



Posted by MartZee May 20, 2009
No Comments



 




Market monitor – Sectors & Industries


Watching [tag]markets[/tag], [tag]sectors[/tag] and [tag]industry[/tag] groups when selecting [tag]stocks[/tag] to buy is one of the most important things to do. If buying a new stock, you want to buy a stock which is within a [tag]leading industry[/tag]. Sometimes it is hard to dig such data and you have to browse through several publicly accessible web sites to put something together. Here are my search results for this month. I will try to update this review regularly or if any significant changes happen.

Last 30 days [tag]performance[/tag] (top 5):

Financials +21.32%
Basic materials +21.03%
Oil & Gas +13.13%
Industrials +11.68%
Consumer goods +8.26%
(Data retrieved from [tag]financial[/tag] websites such as [tag]MarketWatch[/tag], [tag]MSN Money[/tag], [tag]Yahoo Finance[/tag], and others)


Stay updated with Hello Suckers Hello Suckers Feed

Recommended websites & blogs:


Dividends4Life
Dedicated to the process of identifying superior dividend investments…

Stock Market Analysis at DeepMarket




TastyWorks

We all want to hear your opinion on the article above:
No Comments



Posted by MartZee May 20, 2009
No Comments



 




Synaptics Inc – another candidate to buy?

Synaptics Inc - another candidate to buy?

[tag]Synaptics Inc[/tag] ([tag]SYNA[/tag]) is another candidate for a [tag]trade[/tag], which I added to my [tag]watch list[/tag] today. Here are my reasons:

  1. The [tag]stock[/tag] is [tag]up-trending[/tag]. However, I have some comments to this item, see below the [tag]chart[/tag].
  2. Strong [tag]fundamental data[/tag] (12 mo [tag]Relative strength[/tag] 96%, [tag]EPS[/tag] 44%, [tag]EPS surprise[/tag] +30%, etc)
  3. Analysts mean recommendation is “[tag]strong buy[/tag]”
  4. [tag]Short interest indicator[/tag] shows that more than 55% of [tag]investors[/tag] out there are in [tag]short positions[/tag]. If the stock continues growing, they will need to close their positions by buying the stock back, which may push the [tag]price[/tag] even higher.
  5. All ratios such as [tag]P/E[/tag], [tag]P/S[/tag] etc are significantly above [tag]ratio[/tag]s of SYNA‘s peers and the [tag]industry[/tag]. This is what I want to see. (Note that [tag]value investors[/tag] may look at exact opposite results)

However, the stock is not for buy yet. Let’s take a look at its chart to see why I think I need to wait:

Synaptics INC

The stock started trending on around March 23th, 2009, see the green vertical line at the chart. The price rose up significantly soon after in correlation with its [tag]oscillator[/tag]. However, then the oscillator dropped down while the price was rising to new highs. This could be indication that this [tag]trend[/tag] won’t last long. Then the price created its new high point, see first green dot on the price line, while the oscillator created its low, see first red dot on the oscillator field. Soon after the stock price reversed and dropped down to its [tag]50 day MA[/tag], see the second green dot on price line. The [tag]StochRSI oscillator[/tag] did the exact same movement this time. Today the stock created new higher high point (third dot on price line) as well as the oscillator. However I do not have the new high low formed on the price line chart yet (waiting for fourth green dot on lower side, closer to the blue trend line). You may ask why I do not consider the second green dot on the price line chart as confirmation of the trend, because of this point is higher than the low created soon after the [tag]divergence[/tag] on [tag]weekly chart[/tag] (the vertical green line) which formed between March 26th – 31st. I would consider it, if there wasn’t a divergence on the [tag]daily chart[/tag] soon after, when the oscillator was down-trending while the price was growing. This is why I do not count this low into a “[tag]trend confirmation equation[/tag]”. If you were an [tag]aggressive investor[/tag], you could buy this stock at the first cross over (when the blue line crossed above the red one) on March 30, 2009, ignoring the divergence on the daily chart, but since then it would be very difficult to set your [tag]exit price[/tag]. The first dip of the price could not be a dip, but a [tag]trend reverse[/tag] and you would lose [tag]money[/tag] on this trade.

I am going to wait, what this stock will do next couple days or weeks. If the price continues higher and then dips again, but the low point will still be higher than the previous low (the second green dot on the price line), the next day after the price reverses I would buy a small position of this stock.


Stay updated with Hello Suckers Hello Suckers Feed




TastyWorks

We all want to hear your opinion on the article above:
No Comments



Posted by MartZee May 18, 2009
No Comments



 




New position opened


Another stock, which meets my criteria is Visa (V). When you take a look at the chart, the stock is making new high highs and new high lows. Volume is above average and recently the stock showed a small retreat to the trend line. Today it turned back up and the oscillator is indicating a turning point. ADX is above 34 points, so the stock is trending up in a strong trend.
So I entered a buy order tonight to buy 27 shares (based on 3% of total trade risk) of V at market price.
Tomorrow this order shall be executed and if so, I will update this post with current entry data.

In the morning next day I bought the stock:

05/19/2009    09:30:53      Bought  27  V  @  66.03

and I set my stop loss at $59.61




TastyWorks

We all want to hear your opinion on the article above:
No Comments





This site has been fine-tuned by 14 WordPress Tweaks