yhoo

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.


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.


The Google monster gobbles another insect company up!

Google Inc. (GOOG @ $466) as you should know put in a bid for $3.1 billion for Double Click which could help increase the companies growth and monster advertising machine. GOOG is recently priced way below its target of the $550 price range and its PEG score is trading about under 1.00 which most analyst would consider it a bargain stock. Last year GOOG’s earnings were great and the stock sky rocketed up 35 pts and within 4 days dropped almost 40 pts. What does this mean? Maybe much of the stock price was already amped up into earnings and the stock price did reflect the earnings data which made the stock hype immediately start selling off. GOOG is the #1 tech/internet stock for the past 3 years. Although I can currently see the price steadily moving up with a strong trend I also feel GOOG will be hit the hardest when the next fly-by-night tech/.com’s come again. It isn’t like GOOG isn’t worth $466 and it does have billions in cash so it isn’t going bankrupt any time soon. Google is also doing the right things as a growing company to keep market share, sustain growth, and be around a very long time. But when the market does turn (maybe this summer?) I think GOOG is going to be hit hard again down to the low $400’s to possible $350’s to shoot back up to over $500 when the real investors step in that will drive the price back up. Also recently Google.com is starting to create a more personalized look for users like Yahoo.com uses. In away I think this is a bad idea, but also it could help generate more revenue for the giant if yahoo.com users would switch entirely to google.com if google.com gave that personalized web-home experience.

Earnings this week have been good so far expecially with McDonalds (non-tech) MCD @ $48. I previous said around 5 months back that MCD was a buy @ $43. MCD has steadily moved up the charts and showing positive growth for the giant franchise real estate/fastfood company.

Earnings I’m anxious to hear about is GRMN, AAPL, GOOG, BA, NTRI, and RIMM recently we already know increased profits. Bad news for AAPL that again they are delaying their new software Leopard and iPhone. I already know of many people ready to buy the iPhone regardless of price young and old. It is going to be a success. I hope they fix ANY and ALL bugs with it before it becomes internationally distributed. I know a select amount of individuals that do have ongoing problems with their iPods crashing or freezing and for the most part Apple had worked to satisfy those customers head on. Another company to look at for is Sears Holding Co. (SHLD) for retail sales outlook. Luxury retailers have been doing well again this year too. Many economists say the market will be a volatile choppy one and so far the waves have been pretty large. Look at NYX with it trading over 100 then down to 80 then back to 100 again. I’d consider that a sweet trade if I’d only focused on it. My concentration has been rather off the past 6 months and I need to get back into just focusing on stocks I previous traded before that I know much more about.

So far this year I’ve definitely ventured off into the hard rocky dangerous path by choice. It has helped my increase my goals faster, but also has worsened my ethics and rules for proper trading to live a long traders life. I’m slowly crippling myself the way I am trading and if I don’t start really pushing healthier trading habits I will die.


Yahoo! CEO excited with results from web search advertising system.

Yahoo! CEO Terry Semel is smiling over Yahoo!’s new web search advertising system they have been working on. If the CEO is very happy and the ad revenue growth is increasing weekly then I think YHOO will be a definitely CALL option choice going into earnings. This CEO sounds really happy and you don’t hear about many very happy CEO’s these days on the stock market. The CEO quotes that this new web search advertising is simular’s to Google’s. That being said with YHOO growth being stagnet for the past couple of years this could really push its stock much higher like GOOG if YHOO could show mega growth with increased revenue from better search results with web users clicking on better results. YHOO is currently trading around $30. Could we see YHOO goto $100? $200? $500?

Recently NYX is starting to receive profitable reviews. It recently went up 3% and currently trading at $88. GOOG this week moved 15pts and is at $461. It has bounced twice off $440 support price and moved higher sideways.