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?
March 26, 2010 | Categories: aapl options, AAPL stock report, bidu, big growth stocks, big swings in the market, how to invest in old navy, what retail stocks are the best to invest in 2010 | Tags: 2010 GPS growth stock, aapl, bidu, buying socks and spending more, free GPS stock report, Gap Inc analyst for stock, goog, how to invest in Old Navy stock, old navy stock investor, SBUX stock report updates, what retail stocks are the best in 2010 | Leave a comment
Bought V May 85 Calls I-T-M. Thinking a soon sell-off…
I love Visa (V) and I bought 1 contract today at $4. This IPO has a higher PE + double the capitilization of Mastercard (MA) so it should surpass MA in price currently at $298! With Visa @ $86 seems very undervalued and at a bargain price now publicly offered in my opinion especially with a bigger better branded name on more credit cards.
I bought another SWN SEP 40 Call @ $6.10 (same price) so now I have two contracts with the price currently hovering around $7.50 a contract. My GTC is at $8.10 even though I want to raise it I’d rather put it in a faster moving stock like Visa.
I’ve got this subconcious feeling looking at some over inflated stock price charts that some big stocks are ready to sell-off by investors taking a breather and dealing with other factors such as their homes falling in price such as First Solar, Bidu, and Google. Yeah, I know major growth stocks with good stories, but my daily and weekly charts seem to indicate engulfing bearish candles and if within reason (week) or so they don’t move up much higher then they should follow the current down trend further down. I would short them, but I’ve been burned way too many times losing money. So until I see a big break in trend or big move I will not listen to my gutt and instead not trade the stocks at all to be safe then sorry.
I’m extremely confident that AAPL, SWN, and V will continue a strong uptrend with of course dips and pull backs in the markets, but will go UP without reason for big reasons that are making the stocks $$$.
My order on V MAY 85 Calls:
5/6/2008 10:45:47 AM (ET):
Description: V MAY 85 Call
Stock: V at 86.93
Action: Bought To Open
Quantity: 1 contract(s)
Reg Fees: $0.00
Net Amt: $414.95
GTC @ $8 +100% <— Goal time within 3-7 days
May 6, 2008 | Categories: trading stock options | Tags: aapl, bidu, fslr, goog, gutt feeling, ma, market analysis, option trade, p/e, sell-off stock prediction, shorting stocks, swn, v, visa | 2 Comments
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.
January 24, 2008 | Categories: 2008 stock trends, aapl, atvi, bidu, C, DKS, fxi, goog, hans, HOKU, INP, ma, predictions on stocks, rig, rimm, stock chart trends, swn, TTM | Tags: 2008 prediction on stock trends, aapl, atvi, bidu, C, DKS, fxi, goog, hans, HOKU, INP, ma, rig, rimm, stock trend charts, swn, TTM | 1 Comment