big growth stocks

Fantasy Portfolio update / BIG OPTION PLAYS I’d trade my life on – AAPL, GOOG, PCLN

It’s too bad Yahoo! Fantasy Finance doesn’t let you short or trade options on stocks in your portfolio. I’m currently up 14%. Nothing to brag about compared to leaders supposedly with up to 150% gains in the past 30 days. I don’t know how they are doing it but I can only assume they are trading penny stocks or stocks only under $2.

See shot:

Some BIG OPTION PLAYS I’d trade my life on which I think at the moment are definite risk/reward worthy are put option trades on AAPL, GOOG, and PCLN. They have been trending down for the week 5-20% off their highs. I’ve been waiting and waiting for some big institutional sellers/investors to start taking some profits and selling. I believe this is finally happening as stock analysts re-think Apple. I think it’s run up with Google and Priceline are currently in a stock value correction. The company’s have moved up so quickly a stock correction was bound to happen. Now I’d trade my life on a definite ongoing correction probably another 10%. However, from experience, this could also be a quick buying/selling opportunity. Whenever a high talked about stock like Apple falls 20 points as it did today then next morning it can have a volatile swing upwards confusing any type of trader. So a correct entry point is crucial and very short-term trading profits are important – meaning if I was going to trade puts on any of these companies once I’m up 50-100% in a day on a contract it would be smartest to get out and just get in/out when the timing looks right on technical charts and watch how investors are reacting/how news is changing.

Even with the stocks hit hard today I can bet they will actually be positive tomorrow.
However I feel a put trade over 1 month will have definite positive results. Since I have no money in my account. I will trade as if I only have $2000 for each option. (A total of a $6000 account).

Here are my 3 BIG OPTION PRACTICE PLAYS on AAPL, GOOG, PCLN.
Bought end of close 4/16/12

AAPL 555 MAY PUT @ $20.44 (This is the closest to in-the-money I can buy – although way out of the money with only having $2k towards trade however this option is moving fast with big swings).

GOOG 610 MAY PUT @ $19.40 (Surprisingly, GOOG is higher and I can buy in-the-money puts for $2k)

PCLN 655 MAY PUT @ $20.50 (Closer to AAPL’s option pricing – out-of-the money with $2k trade)

Very short-term such as the next 1-2 days I expect the stocks to pop up, however if I’m right on trending and more importantly – FEAR of losing money for many holders – the stocks should continue a down trend and the more that sell the sharper the decline until a big guy steps in and stops it buying back changing direction – a new market correction. So check back in a week for a post update on this practice trade.


Updates on AAPL, GOOG, BIDU, SBUX + I went to go buy socks in Old Navy and ended up buying my entire summer outfits…I know, lame. I’m hooked on Old Navy retail stores and growth in it’s stock

First updates on my practice trades for AAPL, GOOG, and SBUX.
AAPL is doing what I expect today it hit a high of $231 and ended at $226.
GOOG’s big buying support wick from yesterday showed continued strength into it’s second day making the stock hit around $572. So it definitely wasn’t a false signal and GOOG will likely move up into a 3rd straight day even though from my experience most Fridays stocks kind of sag.
BIDU’s big selling wick on the 233 chart showed up again today closer near the top and BIDU when from $608 to $584 at one point a 20 point move down. Short term selling is happening.
SBUX charts show downward movement and went down again as predicted to around $24 which would have been a realistic 10-25% profit on a put option play.

Now the fun stuff, shopping. So good news today I finally got PAID! My Gi Bill money benefits are coming in and now I can pay all my debtors. Yeah! On my way to my Wachovia (WA) bank (only a few in NYC) I passed a hidden huge Old Navy (GPS) store in a building. Everything in NYC is just kind of fit into a building hidden away.
Since I couldn’t do laundry for almost 2 weeks I had no socks and was dying for a pair. I go in JUST TO GET SOCKS and then behold “the clearance” section! Well I bought some summer sports collared t-shirts (made for tennis/soccer/golf) but all look professional so I can stay cool and nerdy. Then I got two pairs of shorts and a hat. Cha-ching $149 dollars later I leave the store thanks to Visa (V).

Old Navy is owned by the Gap Inc (GPS @ $24). This store runs like a McDonalds (MCD) version of retail. Quite amazing, clean, friendly, and affordable. This is definitely a great company I really don’t hear about in the news although they own many retail establishments with over 3000 retail stores. The stock just recently double up 100% after the 52 week low of the general market. It has a low P/E of 12. It also has a PEG of 1.24 so this would be in the definition of a Warren Buffett stock to own I’d think. I’d say the store is definitely still growing too. The store concept and beginnings I believe are less than 10 years old but have gained quite the popularity among the 15-30 age group that spend money. When in the store it was packed with twenty-something trendy females crazy about the clothes. Sadly, some young child in Indonesia (as stated on clothes tags) are probably being forced and badly abused in the Gap Inc. underpaid working camps where long hours and abusement run rapid. It’s a sick sad world, but I can’t let these clothes go unloved and to waste right?

-pm


stock market correction = uptrending

If you are a stock market follower you’d notice the different wording journalist are using such as “optimistic” that we hit our low just recently last Thursday Aug 16 to be exact. I was watching the market as AAPL was hitting $112’s and NYX was hitting $65’s. I was drawing my support lines because after the big red candle dropped a big white candle stood right next to it top to bottom and went right up with buyers looking for a golden opportunities. Since I’m still a student I really did not know which direction the market would go. On Friday stocks popped higher creating a doji star showing the market made up its mind. So now for the past almost 6 days the market has ran up with white candles breaking the downward trend since July 15th. I’m currently in AAPL JAN 200 CALLS up around 30% in my options +$3000 in 2 business days. I’m not going to sell at some crazy high number, but I am going to follow the major uptrend line until it is broken or bad news comes out, other wise I’m stick to my play. I’m very confident in Apple and until their next earnings call I’m going to trade it up to earnings or until I’m happy with my profit. I’d also love to be in SHLD and RIG Calls, but I’ve been taught to be in only one trade at a time even if there are other opportunities available. I need to stick to the rules and show some discipline or I’m never going to become a great trader.

Currently I’ve been looking at a trailor park to buy for $190,000. I’ve talked to many experts in this field and the price looks very good for what I’m getting which would be an 18 lot, 2.37 acre, with 18 park owned homes rented for $350-450 each, with all utilities established. It is around 20 minutes away from University of eastern Tennessee (Johnson City, TN). I’d really like to do the deal, but I want to get an outside property manager if I buy it. This is the advice I’ve gotten basically to get rid of any favoritism within the park. It would make some serious cashflow to my real estate portfolio. Between the 2 trailor parks I will eventually be receiving around a $50k net income a year more than my U.S. Coast Guard income so it would finally give me the choice of retirement at age 29. I still want to be a great trader, but it would give me choice even if I did not trade stock options.

I’m almost done with my 3 classes at HPU and will start another 5 online in the next two semesters. I want to double major by 2009 then do some pastry or music school or both when I get out. 2007 has been a very volatile year for my portfolio and my goal is to come out higher than last years or at least breaking even. Many of my penny stocks are worthless so I will have to sell them soon or I will be paying some serious taxes from gains I do not have anymore. Trends are looking good and the technicals are showing major buying right now so look out!


SouthWestern Energy Company (SWN) + Nutrisystem Inc. (NTRI) Forecast

Stock Alert: Southwestern Energy Company (SWN @ $40)

Search back the google chart from 2003 every end of Jul up to now and the only year that was not consistent was year 2007 when instead of moving up in Aug it moved up in Oct. My bets are on meeting its $50-60 price target before 2008. All profits are up, revenues are revised with previous shale mill up and running again, and its PEG for 5 year is down to 1.06 showing more value in the current price. I might also say its only receiving Buy and Buy with higher and higher target estimates with Oil moving higher and higher in price this company should still considerable profit from alternative fuels. Southwestern Energy Company convinces me through technicals, news, analyst upgrades, and low PEG with high PE and higher earnings predictions that this stock will move higher. If I’m write I should be a bit wealthier.

If you are thinking about buying Calls for Nutrisystem Inc. (NTRI @ $56) you are probably thinking right. I don’t own any options right now with NTRI, but waiting for charts to signal a buy after some movement. The PEG is at a staggering low .68!!!! Talk about value with growth and profits. I bought CALLS on NTRI when the stock was around $47 and sold after it hit around $51 because it was just jumping up and down. Now I kick myself in the balls seeing it hit over $65, but I sold and made some and “won the lottery” in the system. Now with the PEG which is my main predictor where or if they stock goes higher is in a great zone under 1.00. With summer trading I feel I should hold out until at least Sept. If I see some buybacking in it then I’ll buy Calls then. Right now the market is being weird as usually. It’s august a time I try to buy calls and lose all my money because I didn’t buy Puts.

What kills me even more are the gas drillers like NE and GFE and RIG which all PEG’s are under .40 and some .28!!! Almost book value growth to earnings. And there forecasts for earnings are higher then the PE’s shown which is a very good thing. I’m just waiting until I’m complete sure where I think the stock will go. RIG a hot stock is currently getting hit and its broken through a major trend pushing down. NTRI is a weightloss stock. I suspect nothing more then yoyo stock holders.