Market moves down – Apple Computer (AAPL) and McDonald’s (MCD) stock reviews

About a week or more ago I predicted the market to move further down with profit takings and technical data indicators.  Although I played Calls on AAPL going up because so many upgrades and hype rumors helping boost its shares, Puts would of been the more profitable and the right choice.  I suppose finally the market gave AAPL a hang over and its down to $86.  I looked at the Daily year chart and AAPL is still riding up it’s trend line from July 2006 and it hasn’t broke yet.  Also the simple moving averages are still in line with the prive movement.  It still can move down before hitting the trend line breaking it.  Now I’m not saying it won’t move to $100.  I think it is very likely with increasing sales on everything it does (music downloading, iPods, and fresh improving computer sales) I’m just right now it looks down.  I’d wait to see a reversal pop up or big white candle buying sign saying “BUY ME HERE”.  Where?  I currently am in a loosing position and I should of sold out 4 days ago, duh!  But my personality and stock selling maturity appearantly still has not improved.  I’ve been breaking too many rules lately that I’ve been taught.  My oldest sister even tells me she can’t help me or do team work if I don’t follow the rules exactly as they are written.  What am I suppose to do being so dang risky!  I shoot big guns in the market and yes they shoot back even bigger and hit me harder!  A very good bullet proof vest would be wearing the rules on my chest.  If I am going to break the rules then I’m going to buy call/put options with tons of time value so I can breath easier through volatile price changes because -$1-3 pts on a stock is a big percentage change when owning a stock option.  I think not breaking the rules would be the right choice again.  The real question is how much money from my “could be big savings bank account” am I will to give up to trade in the stock market and receive a Harvard college price education?  For me my stock market education is everything, but I’m starting to think I should be doing more “homework practice plays with no money” then trading all my real hard earned money. 

I’ve currently decided to buy McDonald’s MCD at the $43 stock price for June 2007 55 CALLS @ .10.  My order hasn’t been processed yet so it might not be sold to me but I shall wait or buy more @ $.15 later if the stock keeps its price.  McDonalds has been doing very keeping their stores clean, modernizing them, offering healthier foods, keeping an excellent $1 menu, and increasing same-store sales with positive earnings news and upgrades on the corporate company.  It also has a strong upward trend since July 2003.  I can also note MCD has been pretty flat since October 2006 and only recently popped in December 2006 on upgrades and same-stores sales increasing.

Although MCD is a fast-food giant and probably not the healthiest for burgers still customers love its food, prices, and fast service.

I will also note about myself that I am now presently underway crusing in the Pacific ocean with my USCG cutter for around 3 months.  My internet is slow, but I will still update my blog, networthiq, and current trade holdings.  I am still optimistic on making 1 solid 100% trade a month to reach my goal of $100k to $1 Million.  I just need to learn how to stop trading after I reach my monthly goal so I don’t loose any money I make in profits.  I find getting into stocks options are easy.  The hard part is selling off the greed taking some profit and getting out quicker.

I will be doing more practice trades during this time since I can not trade on the boat due to the new hours I work and slow connection.  If I can add new funds to my portfolio I will to save money out of my pay check.  I’m hoping to save $5,000 out of my pay checks by March 2007.  I think it would be best to put towards paying off my car.  Best*

I will also be looking for a new place to live.  I hope I find a perfect match in my budget to keep saving money on housing costs to put it towards my stock market education and goals.

-P