SHLD blog

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.


Google (GOOG) @ $437 profited me $15,000 in 5 days off near month call options

Last week was an excellent week. My art was together doing its thing. The day I told myself I would sell out my profit went up to + $20,000, but I was at a major disadvantage because I had no phone to call my broker nor internet to sell out. I finally did get to sell out of my Nov and Oct 07 670 call options both well over 100% ROI in less than 5 days market days. I told myself I’d sit back now before jumping into a new trade. I might take a tiny bit of my profits such as $500 to go through GOOG earnings on Oct 18, 2007. The past 2 years GOOG jumped around $30 if it reported good results so if it was another good year my options should sell out the day of earnings profitably.

My eyes are back on Apple Inc. (AAPL @ $167). I think it has finally maken up its mind to start “moving” again. It is definitely capitalizing in on the iPhone and its monopoly. I am seeing more and more iPhones in peoples hands and personally I want one too! I currently have a Nano iPod and enjoy it very much without any problems. Earnings should be stellar with Apple also taking over the computer market currently staking a 25% stake in the share of all computers sold. Apple is hot right now. I’d like to be options and see it go to $200 price target. This may happen at its next expo in January of 2008.

Lastly the only other company I’m interested in is Sears Holding Company (SHLD @ $142) the retail sales reports scared the stock some, but many factors are coming into play to force the stock up going into major retail selling season. Historically on charts it doesn’t move much after mid-November it looks so I don’t know how much a play SHLD will be, but I will watch it for a trade.

The lady I’ve been interested in is awesome, but I don’t think she is interested in me. Maybe the friend deal? Lame. I got to dance with her at Octoberfest here in Honolulu. I had a blast and wish I could do more with her. I did send her flowers and she loved them for sure. I guess only time will tell if I have a fighting chance at her heart.

As for my trailor park my new manager is doing a great job and I plan to buy some new trailers on the lots to rent out more. The second park is still waiting for appraisals and contracts to be done. I bought a residential lot near Austin, TX for $1000. Its right in a major new and upcoming community with tons of golf courses. If I do retire is that what retired people do? Play golf all the time?

After watching Michael Moore’s “Sicko” I think I’m going to also buy land in Canada, France, and Cuba since the healthcare seems to be great and Cuba buying up Peso’s could be a great investment long-term.


mobile home park repairs, new manager – non-farm payroll report

My new manager for my mobile home park #1 has been a life saver. He is on his game, at least seems honest, and will not put up with bad tenants. If we can get the park fully rented again I will at least break even in the mean time until I can buy more trailers to fill the empty lots available to rent. I am in another deal to buy an 18 lot park, with 18 park owned trailers, all fully rented, for $190k. You might ask why am I buying another park if my first park has gone to shit and I’m not profiting yet? Well I’m pretty ambitious so I don’t let one park bring me down. It will work. I believe in it, the people helping me, and fixing it up to rent fully. So far I have bought a park that is known as the worst/drug heavy spot outside of town. How’s that to know you are a park owner of scum? Hmm…I guess it could be worst. I was once a young man that would run away from this type of situation, now I’m going to go head on and fix it so I will suceed. If I want to be powerful and successful I need to learn how to fix problems. This is definitely a problem and with a $80k mortgage I definitely need to fix it. I will blog more as more trailers are rented out with more progress.

As for stocks. I steadily keep losing my money. It is simply amazing how well I can lose money. I’m not saying I’ve always lost money, but recently since August 2007 I’ve made some big loss trades. I should be making BIG gains, but for some reason I’m not making the right decisions. Granted, I don’t have time to watch the market all day, buy and sell when I want, but I had plenty of opportunities to make a profit and get out without losing the bulk of my money. Now that my down payment I was using to create more money for a deal is down I’m going to have to work and think triple hard to bring my trading money up to where it was before basically $40,000. Currently at $3000 (minus the $6000 that really doesn’t count because its my down payment, well was $10000 I should say).

I admit my ambitious move to put $10k into a trade to earn $20k probably wasn’t the smartest move, but a 50% chance is pretty good I think. Now that the $10k is $6k I’ll have to work it extra hard. I’m already -$8k down for the entire year. Not one withdrawed profit yet. My $40k profit should of been taken out immediately to put into real estate. Dumb me. Well I guess I learn repeatedly the hard way as usual. If I was married and she know would it make it any different? Would she convience my thoughts otherwise not to re-trade the big profit? Probably.

I plan on trading SHLD in the retail season. SHLD has broken its major downtrend and a lot of positive buzz has been on the stock from a billionaire buying up 5% of the stock just recently.
Currently at $151 and a high of $170s I think or should I say by the facts and charts right now seems like a great time to get in. AAPL @161 just moved up finally of course (taking forever).
AAPL might be the better stock going to $200? Whatever I trade it has to move up or I need to sell my options. The time value of Calls slow the price movement up if the stock stays flat and falls. This I have learned. The recent non-farm payroll report boosted stocks HIGH. I should of NOT bought Put options knowing that there was a “rumor” that the payroll report was going to be higher then expected which is bullish. Again, dumb me. Hard learning.

As for the ladies. I took one charming lady interested in the finance field out to lunch. Haven’t heard back from her – going to send her some small flowers. Will this get me any attention? noticeable? probably unlikely, but it is worth the try.

later -fn


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!


finally my focus is clear! – tv show

Okay, I’ve finally got it. Talking with my co-worker today I’m going to create a Tv show with cut out Ads of companies I trade making commentary and keeping stocks amusing but educational. This will at least be a start to amp up my blog and possibly get more viewers if I can make my show smart, but really stupidly amusing that you want to keep watching week after week. Once I figure out how to embed videos I’ll start posting soon some homemade stock shows. By the way although retail was knocked down today. I still think SHLD at $137 is a buy buy buy. Also RIG at $99 is a buy buy buy. Once the market finally pukes its last big point swing I’m going to be ready to buy to earn back all my profits I lost starting from Feb from the stupid penny stock buying decision I made then (duh, how dumb), but look forward to my new strange but fun finance ninja show.