fxi

new stock chart trends updated (right – CHART TRENDS)

I’ve uploaded about 20 of the stocks I watch daily, where the trend I think it is going, and commentary on the chart for my reference to see if I was right or wrong for future new charts.

charts updated: (put curser over chart picture and it will give name of stock)
aapl, atvi, rimm, goog, bidu, fxi, dks, hans, hoku, rig, swn, inp, ttm, ma, c, and more.


new trend chart technical analysis for January 11, 2008 stocks

I’ve got the time to upload some new trend charts I’m studying to see them just click on the flickr trend picture column or click here to see my flickr page of all my trend charts.

trend charts include: AAPL, ATVI, C, DKS, FXI, HOKU, HANS, MA, INP, TTM, YHOO, GOOG, RIG, SWN, RIMM

check out INP. I’ve seen this stock go from $48 to now $112. Like FXI I think it still has much room to grow with small downs and big moves up with India’s major growth. I believe TTM will start to follow india stocks with its new plan for $2500 car.

check out AAPL. will it get support at current price levels ($172)? major trend will be breached soon if Mac Expo 08′ and earning on january 18th do not give investors reasons to keep charging the stock up. If you look at any other tech stock right now BIDU, GOOG, RIMM charts show in favor of major downtrend to form if negative opinions continue on the economy.

btw – only 70 pages left of Alan Greenspans book! great book and very insightful.


Choppy fall markets continue with late day sell offs and rollercoasters!

So I’m in San Diego, CA on my north patrol portal. This is my first of many I suppose if our boat keeps working. The stock market has been ruff as usually simular to Alaska waters. I uploaded many technical analysis on stocks charts so be sure to see them (flickr pics on right side).

So I’m thinking after looking at many charts that the markets trend is still going down.

My practice option trading would go something like this: [short term plays]

BUYING CALLS on:
Southwestern Energy Company (SWN @ $49) – hitting bottom BB’s with strong trend up with raising oil prices increasing more popularity for energy to increase.
GameStop Co. (GME @ $51) – following strong uptrend and has been sold off even though it is the number one electronics game retailer. Every kid, teenager, and dad goes to this store to buy new and used games. It’s hot, and going into christmas its sales should increasingly rise.

BUYING PUTS on:
Apple Inc. (AAPL @ $172) – Hot product, high price, but currently tech and the entire market makes this stock so vulnerable to any move and I think the next move will be down.
Sears Holding Co. (SHLD @ $107) – Super company, lowering peg, but it seems retail just isn’t the industry to be buying in at the moment. Big downtrends and probably will see lower prices before buying happens.
Macy’s (M @ $28) – Again. Mega store everyone knows, but not in the buying club at the moment. Is anything? Low peg, lots of value, but no buying into it.
Goldman Sachs (GS @ $207) – This financial stock even though has losses is one of the better value you ones that won’t be held down for too long. Low peg of .70, low PE, but the banking stocks are just in crutches. The only banking stock I think should outperform all the others besides losses is Bearsterns (BSC @ $91) because its book/price is $86. I think it will keep bouncing off this support price. Peg currently at 1.06. I think this is the best play if buying CALLS. BSC will be the first to back to its highs, at least I think.
Citigroup (C @ $31) – This stock is going to its grave in my opinion. Mega huge banking system that I feel hasn’t got credit for the billions it has lost yet. But nothing can beat Country Wide financial (CFC @ $8) – This thing is going to $1 in my opinion. Mega PUT stock. You could probably get rich playing PUTS on it if you were smart and had money left to trade.
Google (GOOG @ $666) – Note the price! Scary huh? Stock charts show GOOG flipping over and about to be sold, at least short term. Peg is 1.26 not bad for a $600 stock which really says something, its going higher!
Nutri Systems Inc (NTRI @ $25) – This stock just has big pops (big white canldes) and then tanks. Sell offs. Funny thing is that its peg is like only .36 or something right now. IF IF IF it proves still to have good growth next quarter this stock is going to jump probably 30-50% in one day. Sounds crazy, but I could see it happening being sold off like an ugly stock now, but it is also getting all these lawsuit cases which probably isn’t helping publicity to want to buy it either.
Mastercard (MA @ $181) – Hot stock, super product. They basically just make millions a day off dumb consumers spending credit cards and never paying them off. I’m really not sorry if you are one of them. You have a choice, which is why this stock is going higher, but in the mean time it looks like it is being sold off some.
Ocean Outrigger (RIG @ $129) – RIG looks ready to fall some. Major growth and long-term CALL play in my opinion with rising oil prices.
Dicks Sporting Goods (DKS @ $30) – recent +7% just went to 0%. Falling charts makes this a short-term PUT play. Lots of Tv advertising you should be noticing especially on ESPN. They want to be a number one sports retailer and they are doing the right things to get there and stay there for a while.
China International Index Fund (FXI @ $168) – This stock has been falling and will continue to with the markets/asia markets. Charts show more selling coming.


FXI Puts – $990 even though technical indicators showed otherwise, + SHLD Nov 130 Calls

This morning I knew the market was going to pop from Fridays sell off. AAPL was up going into earnings currently at $174. My prediction is that it will sell off after hours if it repeats itself from many other earnings and then will continue to move up. FXI has been popping out of the bollinger bands and has fallen the past 3 days. I guess Friday was the better day to play puts and I would of been out profitably. Although it will close under the down trend I sold out of my position because FXI was changing direction I lost -$990. I’ve been wrong before about FXI. Right when I think there will be a major Asian market correction from peaking so high it falls a little then just spikes up higher so I’m not going to play my odds just incase it does pop open tomorrow and follow its big uptrend. I’d rather lose $1000 then $5000. As for SHLD it has been getting good exposure and all of retail stocks today broken about a 15 day down trend with a big white candle. If retail holds ground I can see SHLD easily hitting $140. I’m currently up $350 in my Nov 130 Calls. I now have to regain back the -$990 I lost at the same time. I’m slowly gaining the discipline to sell out even if tomorrow FXI drops and I was correct about the new direction of the trend. Today looked like a very good entry point on both. My first mistake was doing two trades at the same time. I kept telling myself missed money is better then risked money, but of course I still traded.

I was going to do a Put trade on AAPL earnings because even when they are great the stock falls. But instead of possibly losing more money I thought it would be a wiser decision to buy AAPL options after earnings. If AAPL does fall 3-5% lower then buy it at that entry point if earnings are good.

I’m really trying to do as many practice trades as possible, 10-20 for every real trade. I just need to only trade the stocks I practice and it should keep me in check. I really want to pay off some items to clean up some good and bad debt. One being my car which is a $20k trade, my mobile home park loan $80k, and my student loan $40k that helped me buy the real estate.

Did I also mention I need $13k to buy these two new trailers to rent in my park and possible 3/1 home for $13k? This stuff adds up!


AAPL OCT 170 CALLS sold out up +25%, GOOG earnings

Okay so to finish from a few days ago I bought AAPL calls going up and I was sold out the falling morning for $2.60 up 25%. I wanted to trade into GOOG earnings, but with a small amount so I only traded $1000. Again I was probably being too greedy. I could only buy 1 contract and I did at $10 for GOOG NOV 690 CALLS, but I should of put my GTC order at $11.50 or $12 at the most. Early morning trading the next day the option only went up to $12.60 so if I only put it up a dollar or more I would of been sold out with a 10% profit. I put my GTC order at $15 because I thought GOOG which his $658 would of rose $5 since I was closer to in the money, but I was wrong. I also slept it! I put my alarm for 3:30 AM to get up right when the market opened so I could sell out, but I slepted in an hour and that cost me $300. I sold out at $7 with a $300 loss. I’m actually happy I loss only $300 because if I would of stayed in I’d lost a bit more. This is what is confusing: I bought my option when GOOG was at $639, but my option fell $3 dollars even when in the next morning it was up $9. You’d think my option would of went up with the stock instead of fell. How is this possible? I figured it had to do something with expiration Friday for options. My call option fell $3 even thought GOOG’s stock went up and held at $9 so like $648. I don’t know why my option fell so much but it did. I think for now on I’m not going to buy calls near expiration Friday. They must adjust the price or something. Anyway GOOG earnings should help the stock rise. The Dow drop of -$366 pts is termporary and I definitely expect Monday or Tuesday next week to have a pop and push the market higher after this big pull back.

Stocks I’ve been keeping a close eye on are FXI, GOOG, AAPL, NUE, SHLD, RIG
FXI is due for a correction with the asian markets. Just recently it has fell 18 pts within a week. If it breaks its major trend I might buy a crap load of Puts on it. AAPL’s earnings are OCT 24th and I might play Puts on it because historically Apple during earnings falls every time.
With NUE steel is starting a strong uptrend helped by X. SHLD is just very volatile and I’m looking for entry points since it is going sideways now. Lastly RIG had a peg of .41 does anyone know this? This stock has continually gone up its trend and if does at $112 it will start bouncing back up again to a higher price.


Reading my stock market diary exactly 1 year ago…

Flipping through my market diary I find that many of my stock picks I follow are up around $20-30 pts or 25-40% in price. Specifically AAPL, NTRI, BA, GOOG, SWN, TGT, GME, FXI, and many others. I’m hoping to use some of my diary to get some excellent plays in coming this fall. The stock market has really been rising with todays big increase in the Dow Jones I wonder when the market will flip. Last year at this time oil was hitting highs of $76/BBL and currently we are around $71 from where it dipped at $61. Most of these stocks still have a low PEG score with low P/E. I’m curious if we will have a high priced stock market in the next year or two where we will see the majority of stocks priced over $200 including stocks not supposed to be priced that high which will eventually fall the hardest again.

Currently I’m checking out another real estate deal since this 5-unit apartment building fell through because the seller would not communicate with me so I could get escrow and my mortgage lender setup correctly to buy it. Another property I put on hold was a hotel unit for sale where the hotel pays you X dollars upfront for leasing it from you for 2 years giving you guaranteed rent up to 4 years then your unit goes in a pool to rent out and you collect from that. It is on the Hilton Head Island, GA. It is suppose to be a premier spot in the south east coast so I’m going to do some research on it. It costs $249,000 with a 10% down payment and I’d get back my closing costs plus another $30,000 with in 2 years of closing if I leased it to to the hotel company. But after the 2-4 years I’d be forced to put it into the pool to rent out and unless the hotel shows full occupancy 6-9 months out of the year long-term it might not be a good deal. I would earn $50,000 back in two years which would pay for my student loan of $40,000. It would produce $700/month cash flow if rented full occupancy 12 months a year. I’m going to discuss it with the seller today and think out my options. Even if I made $300/month continually after the 2-4 years it would still be a great secure cashflow.

Besides money life I went to check out a new room to rent and met two cools girls. I ended up not renting the room but asking one of the women out to breakfast and got a “yes”. I didn’t think it would be so easy. So luckily this saturday morning date will be a lot of fun. I’ve never asked out a girl on a date by checking out rooms for rent, but hey nerds theres an idea.


Stocks, Stress, and Acupuncture

I just recently received my first acupuncture and coupling therapy or should I say rather relaxation time. I just got the massagers info off the internet and she was very friendly and willing to charge me a lower rate for my income. She first did massage, then coupling which is like heated suction on your back to take out acids, and then needle pins in my hands, feet, ears, and head. It is suppose to reduce or get rid of stress for a week. I’ve been pretty upbeat and I have to say more then usual. Even my roommates have told me last night I’ve done a 180, but I think it was more of just being in a good mood and joking the horror movie more than anything. I also got to jam out with my friend on our music project so that was awesome.

Stress recently has gotten the best of me because I’ve been trading so miserably, decreasing my networth day by day, and seeing the pearly gates of heaven burn burn burn infront of me.
If I plan to make a difference in the world with money I’m going to have to make it, not lose it.

I recently, or should I say finally, got my bran new custom 6’6″ classic fish surfboard. I’ll post pictures soon. It’s very wide and fat more than I expected, but very quick.

As for stocks there has been super profitable plays all that I did not trade because I am in over my head in losing dead end trades. I really don’t believe in investments. I laugh at people saying I’ll wait 10 years for a stock to move in my direction. For myself I’d be really old by then. Why would I want to wait 10 years I suppose it’s the same type of person that strictly invests in IRA’s, 401K’s, and planning on retiring after 20 years of military or civilian corporate employment. Well that isn’t me! I want to succeed in trading options now within a certain time frame so I can retire early, much earlier then my peers. I’m sick of working. Working is for droids. I want to “live” and I really mean that in the wholeness of “live” not just work my whole life for no real purpose.

Well enough on the philosophical approach.
Big gainers recently have been probably #1 AMZN and AAPL. More calm big movers for the liquid market would be the QQQQ’s. If you haven’t you really need to check out the big mega trend. Could this be a very bullish year or is the market ready to puke up some serious profits?
Many stocks turned this week after the Dow hit $13,000 level. My MAY 05 105 PUTS in FXI are going my way and all the main charts are lining up for a big fat fall on FXI’s big ass. Things can always change and I may still be wrong if I don’t sell soon for a negotiably decent profit of around 20% for the month.

Recently I’ve seen a change in momentum on WTVI.PK. Not a stock I’m too fond of but its not even a stock its just a penny stock. If it IS TRUE that they enrolled a real astonishing 50,000 new members then its a big milestone and accomplishment for the boring yet “trying” website. This could create major new buying and at $.0035 cents WTVI.PK isn’t cheap, but curiosity.
Will curiosity kill the cat again?


Is the market tired and ready for a nose bleed?

Today most stocks started to show some big red candles engulfing the previous days gains. Most international stocks and indexes, expecially Asia, fell over night. I predict the stocks might rise higher tomorrow, but continue to fall for a few days and then continue their rally since they have been bullishly buying buying buying for the past weeks. One index expecially which has had a second big move is China Index fund (FXI @ $109) currently has had a run from low $80’s to recently $110’s. With the large lower opening price today I think there will be some selling off of some profits during this earning season. I recently bought MAY 105 PUTS. If I’m right I should be sold out by Tuesday April 25. If I’m wrong I’m finished trading stocks for the year. The trade looked very clear and I’m determined that all the indicators and general market is in my favor even with Google.com’s (GOOG @ $471 – after earnings $481) surging profit beating analyst expectations. The overal market has had a good run up and even though I’d like all my stocks to fly high I know its about time for some hard selling. So far economic retail sales and non changing interest rates have made market condition good for bulls and earnings haven’t been so bad either. I think Yahoo.com’s earnings (YHOO @ $27.80) even though were lower the stock will rise because of its real solid value.

Recently my portfolio has been a smelly dump of losers sucking ever profit from me dry. My goal is now to repeatedly play stocks that are profiting me in the correct direction and increase my portfolio to a new high. My account is currently worth around $16,000 down from around $38,000 just since mid Feburary. What I did wrong was get into position and trade after a big win. This I already knew not to do. It’s a general big rule to follow, but I guess the increased account got the best of me. I’m still up for the year maybe + $5000, but I suppose feeling a bit miserable and disfunctional at the moment.

I have not bought Bigstring.com (BSGC.OB @ $.38) because on QCharts it shows buying movement, but it looks like the stock is going to settle a little lower before it moves again so I’m going to wait to buy a large amount of shares. If it does move higher then the public has gained interest and then that will be enough cue for me to know its the right time to invest in it. It maybe be struggling currently, but it is a very new type of email service that I think the trendy crowd will really jump into which will mean big money for the company advertising big names on email accounts.