Southwestern Energy Company (SWN @ $39.10) has broken it’s recent downtrend and I predict it to move toward $50 again. There has been many bullish reports about energy and gas in general. I think the cold weather everywhere on the east coast will positively affect it’s stock price. I’m currently positioned in APR 38 Calls @ 2.51. I’m bullish for an upward move within the next few weeks.
SWN Call & Put Options – Up 200%, Market is taking profits (entire market up around 20% from Sept-Nov 2010)
I just recently sold my SWN Calls up 200% during this weeks move at my GTC target price. The trend continued up so two days later I repurchased SWN call options but within the first 7 market hours (within 2 days) the stock wasn’t moving and my instincts told me to sell for a small loss because the stock dropped a small bit. The charts were still trending up, but starting to look like the stock was getting sleepy and tired up 20% within 2 weeks (after earnings move). I sold my options. Today the stock is down 2%. So I was smart to sell it quickly. The news was becoming more negative with the G20 meeting and China currency deal. The entire market is moving down now and I repurchased SWN put options and plan to sell out Monday if the negative news continues and just ride the short trend. I plan if the market continues to move up this profit taking will be just 2-3 days. If I’m wrong then I’ll sell out Monday anyway. I figure since SWN was getting lots of “clouded doji stars” and spintops at the top it is probably a good indication that the stock traders and institutions are starting to sell some of the profit off and changing their minds if they have a big position. The technicals basically meant (if true) that a lot of resistance was at the $39 stock price level currently. I’m not saying the stock won’t go higher, but right now it should come back below $37 before moving higher. The stock was sitting at around $33 for a while therefor at $39 is up 20% rather quickly. I think it will move under $37 Monday through Tuesday if the entire market continues to downtrend until a final world wide decision is made on U.S. and China currencies.
November 12, 2010 | Categories: friday sell off on bad news, G20 negative news for U.S. and China, sell SWN and take a profit, swn, SWN november uptrend 2010, swn options | Tags: downtrends, G20 meeting, november 2010, SWN calls, SWN Put options, US markets sell off | Leave a comment
SWN @ $36 is up 10% since earnings and moving with the Dow and strong trends of gas prices going up. It has a huge reserve keeping the company profitable. The Dow continues to rise even though fairs of inflation continue to rise with the U.S. dollar weakening. GOOG and AAPL I feel are also getting a boost. I continually see more ipads being used in the NYC subway. For around every 20 riders I see someone holding an ipad and 15 others wearing ipods and around 10 of those holding iphones. Apple Inc. is definitely still in growth saturating the market and has a mighty fan base. Current I’ve been following Gold also at 1391 ounce. I joined My Gold Rush USA, a gold home based business opportunity, where you can get 10% of gold American Eagle Coins. That is kind of a big deal when you think of a discount of 10% on $1445 an ounce for American Eagle coins that is $144.50 in gold discount. For more information on getting these coins at a discount check out My Gold Rush USA.
November 7, 2010 | Categories: Apple Inc. (AAPL) fan, apple stock, gold business opportunity, gold home based business, gold investing, gold mlm company, goog, swn, swn october earnings, swn options, trading stock options | Tags: aapl, american eagle gold coins, Apple Inc., discounted gold, dow, gold entrepreneur, gold home based business opportunity, gold mlm company, goog, how to buy gold at a discount, my gold rush usa, october earnings 2010, swn | Leave a comment
well I suppose everyone is a bit confused, but I continue to trade with the trend. they say our dollar is going to junk level. i highly doubt that anytime soon and these economists are over analyzing data.
however i actually had a scary dream the markets crashed a huge percent and i only had the next day to get out of a call position or my account would be wiped out.
today though the markets continue to go up and i’m playing and earnings trade with Southwestern Energy (SWN) the stock has done much. it’s earnings is Oct 28th. it is actually at a 52 week low period something i did not even taken into the equation when trading it with real money. damnit. well it’s a bad sign. it has moved up 10% and going into winter it earns more money, but going into earnings this could mean the stock is weaker than i expected. i guess i’ll see this thursday.
October 25, 2010 | Categories: swn, swn october earnings, swn options, trading stock options, weak dollar in oct 2010 | Tags: analyst opinion on swn, southwestern energy trade, swn, trading SWN earnings, weak dollar rally 2010 | Leave a comment
SWN yesterday hit $41 and just today pulled back as typical, but definitely on a moving force. I believe the last time I spoke last week it was over $35. What a great call option play, but I’ll have MY day and as long as I keep up with my numbers I should be more ready this fall. It might just work out for me this time with the market poised to turn harder up with all of Fed. Bernanke’s talkin-the-talk, rumors being spread, some mediocre better numbers on economic reports, and stocks finally moving back up leaving their steeply discounted prices. It bothers me a bit. I admit it, I want to trade so bad. I have to resist the powers and keep my promise to myself….man these months discipling myself not to trade have been hard. I get these voices saying, “come on this one will work, you’ve been waiting for it, it will only be one trade…” I have to resist the evil within. I’m sure it means fun and good intentions in it’s own evil mysterious universal ways but I need to stick to my big guns and keep them strapped in just a bit longer.
There will ALWAYs be trades in the future, big moves, small moves, and no moves. Everyday the stock market goes up and down, sidways, and life goes on. Today I’m a trader, tomorrow, and for the rest of my life.
I WILL MAKE LARGE PROFITS OFF YOU SWN, AAPL, NUE, GOOG, SPWR, FSLR, GME, and housing stocks your time is near! You better be afraid market makers of this big Clint Eastword city slicker trader! Be very afraid I will come back the Green Giant!
Other news on stocks – General Motors (GM) 1:100 reverse stock split. What a joke. NOW THATS A PUT OPTION PLAY! This stock when it goes from $2 to $200 (your money cut in half) will start selling like girl scout cookies. Oh, the put option on that baby will be one fat profit play mark my words. ill do an update on it a few weeks after its split. reverse stock splits are the worse.
May 6, 2009 | Categories: aapl, aapl calls, apple aapl stock, apple computer blog, call options, how to become a better money manager, how to become a patient trader, how to retire young, hundreds turned into millions of dollars, predictions on stocks, Southwestern Energy Company, swn options | Tags: 1:100 split, aapl, call options on swn, fslr, gme, goog, how to be disciplined and patient trading stock options, how will GM reverse stock split affect my portfolio?, nue, southwestern energy stock predictions, SPWR, stock options trader, swn | Leave a comment
So AAPL looks like a shiney sweet reversal play in my opinion. On the 3 month chart on Finace.yahoo.com shows definitely upward movement breaking the major trend and the price hitting $140 says a lot about the character and personality of the stock that it will be moving much higher much quicker. I don’t know this for 100% sure, but from other stocks I’ve watched right now with all this new merger/buyout/fed news stocks are ready to make a little run. I plan to buy AAPL Jul 160-200 Calls. My SWN 55 PUTs expired to $0 even though the stock hit $56. I also didn’t get sold out at .25 when it hit my order. It must have been quick. My NTRI options are still in play but $0 right now. I really don’t know what to expect from that stock. I made some shitty decisions that turned out into worst decisions when I chose not to sell my options at a loss now a full loss. I’m telling myself to buy Apple because its been beaten down and its still a rich stock full of postive stories although I am seeing a loss of favoritism in their iPhone projects. People that were once big on getting them now can download the program to make their own phone like a Blackberry (RIMM) phone into an iPhone. I’m thinking the same. I checked it out. It’s cool and all but I can get a neat blackberry that turns into the iPhone for $100 and save $400. Sooooooo as soon as I see a decent pull back in AAPL’s stock from the weekly move that went from $120’s to $140’s. I’m going to buy my options with months and months in advance. Since the stock is expensive getting to buy them in-the-money might not happen, but I’m going to try with what I just deposited of my $3500 worth of rental income for the past 5 months. It is my personal trading mission to make my money back to continue trading with $1,000 into $100,000.
As for my india business venture called Meyer & Ryan International Corporation has won 2 major bids creating over $5000 of revenue for our first month in business. We may profit about half that I think. I’ll probably won’t see my income from it for a while. We are making good contact by using Skype and e-mail. It would be awesome to continually generate $5000-10000 a month from these major computer projects and also soon more staffing income from recruiting.
Lastly I’ve been helping out a lot with Keikisitters.com doing free SEO marketing on the site and giving the owner pointers on where to go with it. I don’t know if she will take my advice and experience or not, but I’m not making a penny. After recently doing a lot of working on figuring out how to profit on her website for her I’ve come to the conclusion that I either #1 need to become a direct competition and start my own babysitting online service or #2 ensure she includes me in a contract on the future company profits. I’ve been broke too long and I really help too many other people in their lives. I’m just waiting for one person really to motivate and help me! =D Well that’s enough of my complaining. I hope she enjoys her high traffic site with my expert marketing tactics.
chao. – fn
March 25, 2008 | Categories: aapl options, aapl reversal chart, Apple Inc., blackberries are hot, http://www.keikisitters.com, india venture business revenue, ntri options, rimm, SEO for free, swn options, website SEO for free | Tags: aapl, Apple Inc., doing busines in India as an american, free seo help, free seo optimization, keikisitters.com, Meyer and Ryan, meyer-ryan.com, mric, NTRI, options, partnerships, rimm, swn, trading | 2 Comments