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Posted by MartZee August 02, 2010
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Will debit cards be displaced with smart phones?


The Bloomberg article says that AT&T and Verizon are “planning a venture plan” that is to displace credit and debit cards with smartphones, and such plan is posing a new threat to Visa Inc. and MasterCard Inc. The trial would be the carriers’ biggest effort to spur mobile payments in the U.S. and supplant more than 1 billion plastic cards in American wallets. The system would allow consumers to pay at stores with a contactless wave of a smartphone. Oh, really?
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Posted by MartZee August 02, 2010
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Why is Visa a great buy opportunity?


Recently Visa (V) was pushed down several times and mostly because of boo news. Somebody is clearly manipulating the stock. Somebody is scared of Visas prospect. Why? Who knows and who cares. The best of all this is, that Visa is still a 100 dollars stock. Buying at these levels we experience today provide you with a chance to make some 40% profit within a year.

I searched on the Internet for articles to find out more about this stock and all I could ever find strengthen my own belief in this stock. Even more I am convinced to hold or buy more (but now I do not have enough funds to buy more).

Who’s Afraid Of Visa?: Get In on Today’s Market Action!

Visa had a blow out quarter and will continue to do so, –DEBIT IS KING and will remain King. Investing in Visa is like investing in money—-If you believe people will still be using money to buy things, then Visa is a winner because DEBIT IS Money–which is why Transaction volume was up 14% this past quarter–And for the rest of the year? Expect it to rise past 20%. And get this–Payment volume was up 27%in the euro region, and as Ben Thomas over at Real Money.com said that ”looks nice”. It sure does Ben. But why is the Stock down over 4% today? Well, the big reason is, as Settembrini once told me–

–” Most stock market prognostics are bound up with everything that is despicable, fultile,…..They are sprits who see only the minute, day to day facts, and who are utterly incapable of stimulating great universal ideas, of understanding the clashes and fusions of politics, or the soaring of the bright, flaming ideal and it’s effects on individuals or whole peoples, into the long term heights.”
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Posted by MartZee August 01, 2010
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Picks 07/26 – 07/30

Picks 07/26 - 07/30

This week the stock market was like a ride on a Roller coaster. Stocks were driven by sentiment and news about earnings. One day a great optimism about companies making great money switched to a pessimism that those same companies didn’t make as great deal as originally claimed. Sometimes I feel like it would be better to stay aside and keep my money in cash to avoid this volatility.

On the other hand I am trying to look at the market from a longer term perspective these days and trying to ignore these up-downs. A great example of such ignorance would me my investments in my Trading account, which is my aggressive portfolio where I buy individual stocks. Similar approach is taken in my ROTH IRA retirement account which is my dividend investing portfolio (doing great job actually). Recently I started building my other money making machine in Lending Club account, which is P2P lending investment and growing very well. Check out how I was doing this week.
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All notes in Lending Club current


As I feared on Friday last week that one of my notes may default, the borrower paid today. So all my notes are current. It however doesn’t mean anything, since the borrower may default next time, but at least the risk is lower now.
Today I also purchased a new loan note completely funded by repaid principals and interest. That means that every month I deposit 100 dollars to my Lending Club account, purchase 4 notes and add one new note from reinvested proceedings. So now I am buying 5 notes monthly instead of four notes as at the beginning.

I am very satisfied with this snowball so far. However I still am aware of the investing risk I am undertaking and try not to be too greedy (as I was at the beginning by purchasing large loans with high interest) and keep investments on the very minimum amount. I would rather buy thousands of loans than a few.




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Posted by MartZee July 22, 2010
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Better than expected earnings reports moved indexes up


Some companies which are major components of S&P 500 reported better than expected earnings. That moved the stock market to a rally attempt. Will this be a sufficient catalyst for the market to sustain the growth? We will see.

Caterpillar Inc., 3M Co., UPS Inc. and AT&T Inc. all topped earnings forecasts and raised their outlooks for future profit. Only Travelers reported a dip in earnings, but that came as bad weather led to more claims payments.

The Dow Jones industrial average rose 119.88, or 1.2 percent, to 10,241.85. The Standard & Poor’s 500 index rose 15.00, or 1.4 percent, to 1,084.59, while the Nasdaq composite index rose 35.56, or 1.6 percent, to 2,222.89.

I would still proceed with caution and postpone purchasing individual stocks or ETFs. I would be buying NTF (No Transaction Fee) mutual funds in smaller portions rather than one big purchase and take advantage of possible further decline in price if the market slips back into correction.




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Market back in correction


Trading ended with a huge loss today:

NEW YORK (Reuters) – Downbeat consumer sentiment data and weak revenues from GE and two big banks slammed stocks on Friday, driving major indexes down more than 2.5 percent.

The Dow Jones industrial average (DJI:^DJI) slid 261.41 points, or 2.52 percent, to end unofficially at 10,097.90. The Standard & Poor’s 500 Index (^SPX) dropped 31.60 points, or 2.88 percent, to finish unofficially at 1,064.88. The Nasdaq Composite Index (Nasdaq:^IXIC) fell 70.03 points, or 3.11 percent, to close unofficially at 2,179.05.

The three major U.S. stock indexes erased their weekly gains; each index closed down roughly 1 percent for the week.

(Reporting by Rodrigo Campos; Editing by Jan Paschal)

That it so big one day loss that it changes the market status into “Correction”. No new buys of stocks this time (if buying I will be buying mutual funds in small portions as the price will be dropping). Next week we may see more action as more reports will come up. As for my portfolio here is a calendar of upcoming reports:

Jul 28, 2010    Q3 2010  Visa Inc Earnings Release,  consensus estimate:  $0.928, Conference Call @ 5:00pm ET

Jul 20, 2010    Q2 2010  Johnson & Johnson Earnings Release,  consensus estimate:  $1.21




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Posted by MartZee July 16, 2010
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Market under pressure


The market opened lower today and is under pressure slipping back into correction. As I expected, the earnings wasn’t very good so far: bank revenues lag, Google disappoints, and Consumer Sentiment falls from previous 76 to 66 points and that drags the market down. As of this morning the Dow was 10,199.39  -159.92  -1.54% Nasdaq 2,208.07  -41.01  -1.82% and S&P 500 1,077.47  -19.01  -1.73%. If the market closes with these losses today, I will change the status back to correction.




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