Funny Stock News – Ford to build affordable, smaller, more gas efficient car for India market

Front page news “Ford Motor company to sell small cars in India to expand car sales market” on Yahoo! Finance top stories. (For full article click here).

Okay first I find this funny because why can’t Ford (F @ $7) build small affordable cars in its own motherland the great USA? I think its funny when sales are bad because the cars still sucks, suck up gas, and aren’t what Americans want or will be loyal to. Although, now, Ford Motor company is building a 1.6 liter small engine car that is actually quite cool looking and only offering it in India. WTF?

Let’s look at the Mini. It’s small and has a 1.6 liter engine and now its one of the hottest cars on the American market while also dependable and gas efficient. Seriously, what are you think Ford company? Yes, expand to growing markets but why not sell us these perfect simple cars too? This car will be in direct competition now with India’s Tata Motors.

Well since I’m back from Hawaii I did a hard search on the most affordable MPG cars that have somewhat quality with them. I ended up buying a used 2003 Jetta TDI Diesel german car. It is all black with black interior. I really love it and I love that it gets 45-60 MPG. I’ve been able to do 600 miles on my 13 gallon tank. You do the math!!! I’m quite impressed and even with only 115hp is still moves pretty quick with full options on it. I spent $8500 and feel it was well worth it. I’d love to see myself put on 100-200k miles on it by myself without any major problems except normal maintanence.

So Ford Motor company what’s up? Think about us po-fokes wanting simple, small, MPG, affordable cars why give them exclusively to India when we have money to spend?

Paul Meyer searched the internet for motivation and this is what he found and needed.

First of all my lack of motivation to do anything since my terminal long-term military vacation has began hasn’t helped much in the job search or working on my stock trading. I found this listing in craigslist.org. I think I’m qualified:

paul meyer seeing prof. killer ad on craigslist

I don’t think I’m going to be killing anyone anytime soon, but I am a qualified sharp shooter if that counts. For now I better stick to working on business ideas and practicing stocks. I went further for websites and found this site called ineedmotivation.com and I might just order some motivation mp3’s. I really need someone to push me and love me right now.

the end. any suggestions? comments?
paul meyer.

Market moving up again during July 09′ earnings.

For the majority of companies earnings have been better than expected (duh). When analyst make price targets so low and earnings low because they think consumers aren’t buying suddenly it looks like companies are doing really great. Well, in my opinion they are and they aren’t. One of my most followed stocks, Apple Inc, is doing quite well. It seems everybody has an iPhone these days and all those other look alike’s just aren’t the same as the iPhone. It’s just awesome. Do I have one? Nope. I’m too cheap, but will likely get one in Jan 10′ when I can get the upgrade cheaper and hopefully by then prices will come down again. I’ve predicted Apple’s stock from $105 to $130, then from $136-120 drop, then predicted its $135-159 price move just recently. I can’t wait to trade it once I feel my practicing is up to par. I plan to heavily practice trade in August. I do expect the stock to fall again. I did think this summer’s move was pretty large in comparison to other summers and I guess it makes sense with most prices extremely low compared to their PE/earnings. So I suppose real estate prices will follow the market as soon as everyone’s emotions get really optimistic again. I do hear a lot of positive comments on channels like CNBC which is a good sign that the main stream is saying “buy” softly. I’m a bit surprised with RIMM not following AAPL. Usually it mimics everything the stock does.

Apple (AAPL) Mac Conference June 09′ stock predictions – reviews

Well AAPL is doing what I expected it to do. Weeks before the big conference event it climbed$123 to $147. Now the day starting of the Mac Show in San Francisco, CA 2009 it fell. Also noting RIMM is falling with AAPL. They both for the most part copy each other’s stock price movement up/down.

A decrease in computer sales prices is bad news for investors unless the computers are now even cheaper to make because more are in production. So a lower price may also mean if cheaper to construct them because more people are buying Apple computers could mean more sales to come for Apple which would mean continual earnings growth and profits.

Fans want to see a new type of iPhone. I don’t know if they are going to get it. If Steve Jobs does not show up for his Mac world I could see that hurting the stock price unless a new improved iPhone was shown. Currently the rumor is just for an updated iPhone. That is not a big deal to fans, they want more of a tablet one. Regardless the stock could fall more this week. Then after if Apple’s full story on lowered computer prices is a positive one and if there is a new iPhone then I could see Apple moving much higher up into the summer and into the fall with a likely stock split.

RIMM should follow AAPL too. Either stock is a great call option trade afterwards or a currently short-term put play.

Just finished paying off my last credit card – Now saving for emergency landlord fund

I just paid off my remaining credit card balance of -$2400.  I was getting an average complete finance charge of $40-50/month on the balance.  Ouch.  It feels good to have the cards clean again, but well worth the cost to have my place looking good and ready to be fully rented.  Since I won’t be kicking out my roommates I will instead rent out my bedroom and hope it works out or it could deplete my emergency landlord fund pretty quick -$600 month.  My goal is to get a positive cashflow of +$200-300 coming in each month to add the emergency fund.

When I get to Louisville, KY I’ll be strictly living off whatever I do for work so I better get a job quick.  Making an income from my trading will be my #1 goal doing it part-time creating a full-time income that I can actually live off of.  All I really need to earn is $1000-2000 month.  Sounds like a lot after not trading for over a year, but if I get my head back into the markets I know I can do it.

The other biggie I need to work on is getting my Sallie Mae student loan of $42k paid off as quickly as possible AND posponing its payments of -$477/month during my full-time school.

I need to get my bills down to as minimal as possible.  I’m considering even getting rid of my cell phone next year or use a prepaid cell phone to used only when I accept or make calls.  I usually pay a flat fee of $40/month and use only 100 minutes.  So going pre-paid for once might actually save me a lot on a mobile phone/voicemail.  I will definitely need internet.

If I do rent a small office space for like $300 it must include internet and electricity.  Then I would be set for my trading office.

Besides that now that I’m going into the green again this is definitely good news for once in months even though I still have the student loan hanging over my head that was poorly used I can admit.  Who knows, I might still become a mobile home landlord in the future with the knowledge I acquired from that deal and 6 month ordeal.

We are out of the worst for the financial sector? Banks still are asking for billions!!

It is funny with the closing headline today on briefing.com read “out of the worst for financial sector” then the subheadlines under it read “bank —- requests xxx billions after Q1 loss”…. Hmmmm doesn’t seem like we are out of it just yet. Banks are doing so much better although they are still requesting assistance with big $$$ loans. I think the public is becoming overly optimistic including Mr. Bernanke.

Southwestern Energy – a surprise? SWN up 10% at $38

SWN today after earnings released popped up 10% at $38. It is surprised because the earnings although a positive qtr showed a loss. Both articles I read sounded more bearish then bullish. My theory is some big institutions sold out of the stock making it rise much higher. If I’m correct it should start to simmer and fall within the next week or two after the buzz is gone from the sudden increase in price. I haven’t done much earnings research lately so its possible SWN just pops during this earnings time frame or its on its second time down likely past its low of $21.

I can’t really figure what investors think of the earnings yet so I’ll be watching Southwestern Energy Company closely.

AAPL holds at $125 as well as X @ $26. Steel hasn’t much done anything at all except sit on it’s ass. I think once the economy turns steel stocks will be big bargins and big profit growth stocks. WFC @ $20 still. This stock is moving and I think it will go past $25 next.

market had strong pull back but still generally moving up

Watching AAPL’s stock it shows that Monday was just a pullback. I’m sure Indie Mac’s bank CFO’s suicide stirred up the market some. I suppose feeling guilty for receiving so much money, undeserved, can kill you (plus with all the other hate phone calls). Rest his soul.

I only have 4 more months to go for my 1 year of not trading. I feel I might have to push it back further just so I can get an increased amount of practice trading in before I actually start trading real money again. I think I may not even have money at that point to trade….so it can’t hurt me because missed money is better than lost money.

I can’t believe I’m heading to Louisville, KY to live. Wow.

I’m psyched about Apple (AAPL @ $120) earnings in June 09′ it will likely shoot the stock up if very good news.

city slicker thieves – prof. camera stolen while i was on amtrak train

well, once again! except this time my favorite camera was stolen from behind my seat in a blind spot I didn’t see. it must have been pushed back against the wall behind my bad. it was wide open to grab, but i didn’t know it was open. so it must of been a stop between philadelphia and d.c., most likely baltimore. i’m really sad right now. this totally takes away any sex drive i would have if i had one anymore. i’m not religious, but i already said a prayer forgiving the m-f thief that they better use it well or get a good price at the pawn shop if they needed the money so.

i haven’t fully recovered. it has only been an hour or so. it was $1200!!!!!!! it took me an entire two weeks of boring work at the military to buy it. man…did it take some great shots with that fat lense. well my favorite nikon D40x slr is off to a new home, like coming from domestic abuse, and future torture.

i don’t even feel like buying another one. now that 2 $1000 cameras have been stolen within the past 3 years i don’t think i could handle a third being taken. although, i love photography so likely maybe ill be able to pick up the same one used for half the price to fill a smart part of my broken heart.

-fn
p.s. still haven’t traded real money. following stocks. would buy call options on AAPL going into june 09′, GE, WFC, and STI. stocks are starting to trend up after big downfall. showing trades on charts. lots of positive optimistic news.

p.s.s. s.o.s.
amtrak train ride from philly to va beach – good
having my favorite camera stolen – upsetting

spicy pickle stock review SPKL – an email I wrote to my family

from work
to my momma and my oldest sister

- I’m pretty sure I emailed you about this stock before. I think it was at 1.70 but has fallen to .15 and now at .20

Yes, it is a penny stock but from what I’ve followed over the year the company is very innovative.

This piece is 6 months old but it makes valid points
http://www.otcjournal.com/Spicy-Pickle-Acquires-Bread-Garden-Franchise/af/archive/20081001-1/

the store in general is beautifully designed and they just acquired another chain that looks awesome. In my opinion this could be the new Quizno’s/panera bread. My friend joey in colorada (where its based) eats there with his friends. He says it’s a favorite place to go.

The stock is currently at .15 and I think when stocks bounce back it could turn around a lot. I myself am going to buy and hold when the charts show a signal since I won’t be buying options. It may have room to fall further. I actually responded back and forth with the CEO Geman. He is really confident in his company.

From my experience in trading penny stocks when I did usually ceo’s are not open and these companies never respond to comments. He responded to both of mine promptly and I think that says a lot.

Check out the website www.spicypickle.com it shows innovativeness and confidence in their company. I strongly suggest at least going to the website. You can own 1000 shares for $200 right now in your IRA. I think you’d be crazy not to buy and hold this company long-term. I think it has a real edge to become very successful.

Here is a whole list of reviews of Spicy Pickle from an Austin, TX location: http://www.yelp.com/biz/the-spicy-pickle-austin

bear market rally rumors begin

so on tuesday 9th and thursday 11of mar the bear market rally rumors began.
jim crammer was hardcore about this as well as everyone else with there mouths wide open on CNBC.’

i think this market has thrown up so much profits technically it SHOULD be ready for some real buying.

it isn’t may yet, so as they say “sell in may and go away” so i’d assume there is time for some bull buying.

i’ve been watching my favorite stocks just move in large waves. i’m glad i’m choosing not to trade right now because although its a downtrend market trading options you might be wrong real quick. i’m curious to see the outcome since some beaten down stocks are finally starting to get “some” positive news and the “few” who preach to the masses are actually talking optimistically “briefly” for a change.

the two 6% big days for the DJIA was definitely positive but it could also just be a pre-bigger-sell off coming.

since most stocks are in the small two digit and single digits i’d suspect real buying and change in emotions will be in the near future. i can’t wait to start doing real trades again. hopefully by then my discipline and knowing my movements of my stocks will help me tremondously.

passionate comment from a visitor at my blog

related to this post here (CHECK OUT MY NEW SITE BEGINNER-INVESTOR.COM)

by: Isa

Comment:
OMG. This is the most ridiculous blog I have ever read in my life. Not because of the subject or because of the Finance Ninja. It’s because half of you sit here and just like everyone else in this world, you think that making billions can be that simple when you do a Google look up on, “How to become a Billionaire.”

If you cannot even take the time to scan through the blog to pick up a couple details of what has already been said, you can use other peoples questions to answer your own, therefore you’ll learn to ask the right questions. Not the most basic, fundamental questions possible.

I’ve read this about 3 or 4 times already. The Finance Ninja just threw this idea out to see if it would work for him while he is out at sea. While he is fighting one of the most destructive wars since WW2, you all think that you can get away with making millions at the least just by word of mouth on others peoples advice?

I cannot tell you so many times in such big emphasis like The Finance Ninja has brought up! READ!!! READ!!! READ!!! Read on companies. Read where the market was. Where it is going. What could be beneficial to our market in this stage that the world is in.

Quit acting retarded and use your head. If you WANT to be a billionaire in the stock market, you have to read hundreds of pages a day without realizing you even did it. Reading must become a second nature to you.

Consider taking political science courses in a community college or in a university. First off, I started to get involved with politics. That greatly increased my confidence in several different aspect in this world and in this global market as well. Don’t think that politics is just for government purposes though. Politics can regards anything, from sports to health and science, to history, to navigation, mathematics…..stocks….economics….anything.

It’s the art of questioning and getting back answers but questioning in a specific way. Like science and chemistry, you have to sit there and have a hypothesis, do your analysis, and come to a conclusion. That’s what politics is basically entitled for and as I said, can be used for anything your heart desires.

It is a huge confidence booster because it encourages you to think about things in a different perspective. Which is what I do now. I can talk to anybody with confidence. Because with confidence, I ask questions about EVERYTHING from my girlfriend, to the mechanic, my work, school, parents, police officers—believe it or not, you’ll eventually learn to get out of tickets just because you won’t sit there like a mute when a cop pulls you over, and officers tend to not mess with people who seem socially educated. They could loose a case in court and completely waste their time pulling you over cause you are not another stupid person he pulled over again that day.

You’ll learn to question companies that could have great potential one month when you completely think their on a rise to skies limits, when they actually end up coming down two weeks later. Based off of everything in this world, economics, wars, social problems, health, so many different other things, these all play such a huge role in stock market industry. YOU HAVE TO LEARN TO LIKE THE NEWS! YOU HAVE TO READ 100 PAGES A DAY ABOUT COMPANIES AND GLOBAL ISSUE whether their for the good or for the bad, and you MUST do it without noticing.

You must learn to question. But question logically. NOT the same dumb questions I’ve read over and over and over again on this blog.

Think about it. What ever you do, you can think to the point where you question everything. The one who questions the most, may look like an idiot, but you receive the information you need. You in this case need to learn how to be able to talk to everyone logically once again. This is exactly what you need to do that.

The big dogs make it in this world because they use their heads. Any BIG stock broker or HUGE billionaire didn’t become a billionaire just based off of their parents cash but their own personal developement in themselves. Start reading books. And read some Robert Kiyosaki books. Rich Dad/Poor Dad. You’ll learn that Rich Dad made Robert want to learn and to learn effectively before he showed him any of the ropes to learning the market and market trends.

I could go on forever. Life is like an ocean. You’ve got to drown in it to feel its intensity.

Also, those who tell others how to do things that they are afraid to do themselves, are fucking fools.

Live by those two laws, you’ll work wonders in your life. Take my advice responsibly though. I am not to be held reliable for messed up relationships in your life due to those quotes. How ever, those two quotes could have several different meanings behind them for SEVERAL different perspectives to create your own world. Take it responsibly. We have too many fools in this world.

Good luck and God bless.

me: she/he sure does make a good point even though I was a bit confused if it was sarcastic/con/pro but i guess its pro.
thanks, fn

markets continue to trade sideways and down

I really thought watching the markets transition between late January and mid-Februrary that the sideways action was going to be broken by the upward movement happening. Even on bigger charts it seemed some big named good stocks were changing direction. I was definitely wrong and in responding to the markets I would trade put options.

If “in May go away” then the Dow’s $7100 level is likely to test the $7000 levels and break through. From all the books I read traders like to break rounded numbers like $7000 so I think there is going to be much down action as the months continue.

At least in the economic cycle new homes are still down, home prices are still down, unemployment is increasing and not stablizing, and the market doesn’t like Pres. Obama’s actions currently. The market does like Fed. Bernanke, but not the Pres. Obama more likely because his stimulus plans aren’t going to improve current conditions.

I guess it doesn’t matter where the market is at when I begin to start trading my own account again, but if the market continues to fall I’ll have to keep myself aware of when it does start to change. I think it could have a full new crash this August – October before it finally turns.
It will be a great time to make some great money on some large volatile up and down moves regardless of what I’m in.

good article i read – value stocks cheaper then store items

I came across this off of Yahoo! Finance. Basically a simple well written article on value stocks and sepeculative stocks that are cheaper then retail store items. The next time you think about buying some pens or a cheap appliance consider instead to buy a couple of shares of a great value company for the same price.

Read more here which talks about various industry stocks that are at all time lows under $10.

Amazon (AMZN) earnings and the markets

I’m not too surprised to see another internet technology stock do well. Amazon.com is talked about in this book I’m reading by Chris Anderson called The Long Tail (Economic studies). It’s basically about how the internet has created many unique small niches taking over major generic genres that have consumed the markets basically because consumers on had a few choices being mainstream. Now with companies such as AMZN and AAPL and many other companies that offer huge selections consumers can choose what they really want to read, listen, or watch. It is also a reason why cable just isn’t what it use to be. AMZN earnings will likely keep going up in a down market because it doesn’t have typical Wal-mart (WMT)or BestBuy consumers buying mainstream products.
It’s buyers are searching for specific unique products in which AMZN offers millions of products in which it really doesn’t just offer only a few mainstream productss, but many small categories that add up very quickly to create bigger sales at the end.

I think this boost from $50 to $59 (18%) will slow come down, but AMZN’s stock within the year will likely go back to $60, 70, 80 dollars if it keeps proving it can make solid sales during a depressed time.

For a article on AMZN check out
this blog piece done by the WSJ author.

As for the markets in general they continue to go sideways in volatile ups and downs. AMZN daily chart looks like it is has now two major points creating an uptrend. One more point and will have a full line moving it up so I’m going to keep watching it closely. Other stocks moving sideways constantly are FSLR, SWN, AAPL, GOOG, QQQQ’s.
No real breakouts have happened. There is just too much negative news on unemployment, oil, and bailout bills to let the market change. I don’t think Obama’s new stimulus package is really going to help if not just worsen our economy even more in another 4 years due to adding on more trillions in debt. What this country needs to do is start being disciplined and obey rules instead of paying to break them (meaning getting rid of washing DC lobbyist and putting bad businesses out of businesses instead of giving them money to stay in business).

-fn

Amazon (AMZN) earnings and the markets

I’m not too surprised to see another internet technology stock do well. Amazon.com is talked about in this book I’m reading by Chris Anderson called The Long Tail (Economic studies). It’s basically about how the internet has created many unique small niches taking over major generic genres that have consumed the markets basically because consumers on had a few choices being mainstream. Now with companies such as AMZN and AAPL and many other companies that offer huge selections consumers can choose what they really want to read, listen, or watch. It is also a reason why cable just isn’t what it use to be. AMZN earnings will likely keep going up in a down market because it doesn’t have typical Wal-mart (WMT)or BestBuy consumers buying mainstream products.
It’s buyers are searching for specific unique products in which AMZN offers millions of products in which it really doesn’t just offer only a few mainstream productss, but many small categories that add up very quickly to create bigger sales at the end.

I think this boost from $50 to $59 (18%) will slow come down, but AMZN’s stock within the year will likely go back to $60, 70, 80 dollars if it keeps proving it can make solid sales during a depressed time.

For a article on AMZN check out
this blog piece done by the WSJ author.

-41% on recent plays – Apple changing status to a downtrend stock? First Solar flipping to the upside now?

Wow. What a confusing market. As soon as I think the markets are stabilizing they do some crazy stuff and caught off guard. Tuesday the Fed lowered the interest rates which was assumed would happen by the market. If it didn’t happen then would the market be tanking right now? I think lower interest rates are good. Personally, if the rates went below 5% I would definitely refinance. On the main page of the Honolulu Advertiser newspaper it said “rush to refinance” I see this as a mega plan for failing mortgage companies to become cash king giants again. Remember every refinanced mortgage they do they earn fat commissions. If within the year more people are buying because of lowered interest rates which means the more you can buy with less money then I’ll definitely be flipping my Hawaii condo for a real fat profit. I’m about to put another $1800 into finishing all the drywall. I figure get it done now when I do have the money so if I can’t sell it within a few years (some major markets chaos) then at least I can rent it well because it looks new.

My bad plays were Apple (AAPL) and First Solar (FSLR). Apple predicts a halt in sales I think this is going to make this stock drop drop drop until Steve Jobs their savior says something different or they come out with something more innovative and new. As for First Solar there was tons of bad news on the company and charts showed it still falling. Then it goes up 20 pts. This week commodities have done quite well. If I would have sold out of my options Tuesday the majority of all my options going into the fed decision rallied and I would have been in the plus likely for all of them. It just shows what one day and one news story can do when trading within days using call and put options.

I’m definitely changing status on AAPL options. Likely will be practicing shorting it with put options here on. Also after a big day yesterday the second day usually lets some gains go. So practice selling today probably wasn’t the best day. 2 days in the trade would have been the best.

see results: (click to enlarge)

short-term down expected with small charts

yesterday as i was viewing my charts for the most part with the movement going into the end of last week i expected some short-term falling in the stock market. now, with the president getting shoes thrown at him i would not think this would be a good thing for future international relations with iraq. hopefully pres. bush will get over it and we won’t get into a war over flying shoes…

i wouldn’t have been in a real trade today because i wasn’t 100% certain. my practice trades reflect right now at least 1 week of movement. on wed. i’ll have to view my charts again to see if i should sell out or stay in. i’m in mar and apr 09′ practice calls so i have time for some movement.

typically the middle of december the market falls then sometimes right after christmas there is a “santa claus rally”. i guess we’ll see what the market brings this year.

when government steps in to bailout market surges up

it seems like when ever the government bails out another company in this case being Citigroup (c) with a “rescue plan” or rumor of one the stock market surged up in the last 30 minutes of trading of the “good” news or is it? look at the automakers…. is it fair that the government only bails out selective companies? i don’t care what the government does i really don’t have much control over it’s decision but i do have control over my stock option trades. i do think if a company made really bad financial decisions then they should go down. let the strongest and smartest survive. so if the asian auto market takes over the usa because they have better management and cutting costs then say good bye to our automakers that created the industry because they don’t know how to “change” with the industry. we need a company that is going to make a big change for the environment and put their business on the line. hydrogen cars have already been made, why not in full production? just stop making normal cars and make better clean energy cars and price them same and i bet people would start buying them like hotcakes because same cost and less gas needed. the problem, oil. politicians still make mega kickbacks on oil so until we don’t bail out oil we are screwed for new innovations in the auto market.

i thought the market was finally going to move up 2 weeks ago, but it continued down some more.
SWN hit $22! bounced back up to $26 and i plan for it to hit $28-30 this would be a definite call option trade if for real. GOOG at $261. wow. hard times i guess on these once big high flying stocks…

my commentary so far….

the market is acting wack and out of control. that’s my statement currently.

Thursday’s practice trades – entry points were too early – how to deal with friends with job security problems, dump’em.

On Friday the market swinged both ways but ended down instead of a second day up. I’m not surprised the market didn’t do what it might have done normally in a typical November month, but at the same time it shows still how emotionally unstable wall street is. I looked at my charts and after todays losses my same call picks are down, but still did not close even close to the open of the big white candle on wednesday. This brings me to the conclusion that stocks are still likely going to continue up after that strong day. Also on almost every chart I look at I see reversal hammers which supposedly mean they will hammer stocks up higher/lower depending on if its right-side up or showing to hammer up/down. Right now its showing hammering up with also a cloud of long wicks under showing stocks are finding their lows and aren’t falling much more.

I added RIMM to my calls for JAN 36.63 CALL @ $8.53. It’s a weird call. Check out RIMM’s options they are strangely numbered. I suppose that is how they were setup.

As for my personal life and friends heres a note – My friend who works for a prestigious internet conceirge travelers company constantly complains about how he will be laid off soon, how he has been submitting resumes for 1 year now got a big interview and wasn’t hired, and blah blah blah. He tells me since I’m in the military I can’t feel the pain. It is really getting on my nerves. This guy has a good job right now. His company has let others go but has kept him and he doesn’t man up and just relax. At least wait until it happens, collect unemployment, and then do something you’ve always wanted to do. He has no bills. He has a home but its fully rented. I’m considering not even hanging out with him anymore because his constant negativity about work, life, ex. He currently feels like a leech sucking off my energy and care. I ask him if he has read books that will at least open his mind to not just “job security” and he just jokes back and tells me they can’t help him. Well apparently they can not with his current attitude on life and money. It’s really sad. I’ll likely have to tell him soon that until he makes a mental shift we can’t hang out anymore because I don’t want any of his bullshit to rub off on me.

stocks jump off bollinger bands – FSLR expected too

I had a hunch today might jump up some after around 2 days of losses, but on the charts everything was still moving down. The only precise clear signal I saw for a real call option trade was on FSLR with it’s big red candle dipping below the BB’s and on smaller charts showing technicals moving up in the morning.

Today stocks really moved with force. I noticed on the charts and highs/lows how much of a swing there was showing major candle wick buying support/confidence. I have to admit the good thing about practice trading and figuring out which side of the trade you should be on is that you can be wrong and not lose money! Currently looking at AAPL charts on the 233 min. there is a clear picture of what happened today and likely on every chart I look at too. For the past week and half stocks have been falling and today from what I see will create a few up days or call option practice trades. Currently many of PUT trades were profitable even though they closed higher because they fell lower.

For a moment I considered staying in the Puts for tomorrow, but the right thing would be do to close them since I know stocks are about to move higher and change sides. The only ones within yesterdays practice trades that would have worked would have been ones hitting low low’s. (or +$1-2 on option)

Now, I still have my “ifs” because also on all the 55 min charts it shows each white candle getting smaller and smaller not hitting top BB’s (except AAPL). So this could also bring me to the conclusion that todays boost could be short-lived and fall again hard tomorrow. I’m going to play dcalls because the charts say a second day of upward movement, but we are still in all downtrends currently. So since I’m not playing long-term Puts I will trade what I see on a weekly basis.

See below with completed practice trades 11/12/08 and new 11/13/08 following:
SOLD

BOUGHT

new option call and put practice trade picks november 2008

Looking at my charts and current economic market conditions I came to two conclusions.

#1 The market just had a mini-rally, lost the rally, and is continuing in the major downtrend

#2 Many stocks charts show a possible “V” hitting the bottom, hitting bollinger bands on weekly big charts, which MIGHT mean a possible “W” major trend reversal may happen in the next few weeks we’ll see if that last down run will be the last at least for a while.

We’ve been in a full down down down for a full year. It’s likely possible to continue it, but stocks are at real discount prices looks at X and AKS and AAPL which its retail stores are constantly SO BUSY you’d think we were in a real bull buying consumer spending crazy type market. I also like SWN, FSLR, and QQQQ but since everything says “down more” currently I’m playing PUTS except for FSLR which is being pushed down so hard and on shorter charts shows tomorrow it will likely spike some up before moving down more. All my plays are short term likely to be out tomorrow or the following day. I find being in for just one market day increases my profit/time in play for trading options.

see trades below (currently up +700% since august on trades):

Sold call/put option practice plays – +130%

I was wrong about SWN trying to trade it against the general market while I saw everything else going down. This just shows “the trend is your friend” is the real deal. Below are my practice option trades on FSLR, GOOG, AAPL, RIMM, QQQQ, SWN, ATS.

Although on big charts shows uptrend, short-term stocks will continue to fall again

The day after the election said a lot. Basically in my opinion the markets gained so much in the past week that after election day they puked. At least in the short term on charts it looks like stocks will continue to fall some more especially RIMM, AAPL, QQQQ, FSLR, AKS, and GOOG on daily and 233 charts. The only stock I would bet against the market flow at the money is Southwestern Energy Company (SWN) with its strong momentum breaking through all major down trends currently at $37 which keeps hitting lows of $26 then popping back up to $28-31. I can see it surpassing $45 by end of November 08′ if it keeps up. Magic is happening on weekly charts right now. Real strong support hitting real lows on bottoms slowly curving up creating big U’s showing a real change in direction, but how much change and how soon?

My put option practice plays:
RIMM, AAPL, QQQQ’s, FSLR, AKS, GOOG
My call option practice play:
SWN

History is made first Black President AND stock market in full upswing gear!

Yes, you heard me right. I’m watching my stocks on charts and their is REAL movement change moving up breaking major down trends especially in Southwestern Energy (SWN) and First Solar (FSLR). It is sooooo hard to not trade this excellent call option opportunities showing upside on all charts. I have to hold back if I want to practice real discipline and wait my full year and commit this to myself. I have to tell myself there will ALWAYS be more trades I can do in the future. If I want to be very wealthy then I need to hold back for one years EVEN if there are excellent trades to be completed. I haven’t been on my practice plays and if there was a time now is very important to be completing them with these big trend reversals in this historical election to see where the stock market goes.

Since the decision has been made and President Obama will be “the man” the stock market should perform better and be a bit ready to propel forwards since there is no “indecision” left. I would be surprised to start hearing some more “hopeful” and “positive” words now that Americans have faith as well as other countries that America can create history again.

I also hope Hawaii voted yes for a majority for its light rail system in the city. I’d like to see better transportation put in if I choose to live here permanently down the road.

Congrats Obama! I think you’ll do okay, but President Clinton in my opinion is still kickass.

market continues to fall – I need to be practicing my put options

Another -500pt drop today for the DJIA. A -15% drop for SWN down to $26 again! These market swings are ridiculous. I’d hate to own stock right now OR trade options. It has been very unpredictable so the phrase “missed money is better then lossed money” is sounding better and better right now while staying out of the market, watching, studying, and practicing my techniques.

Put options are the definite play here still. October 2008 is still crashing. RIMM even at $48. One stock I did read about that really struck me as a great turnaround stock once the market changes its mood is AKS – AK Steel Q3 earnings call. Low profits, but still “solid balance sheets” with a PEG of .16!!!! And still very profitable with new material price increases even with steel prices coming down at the minute. It lowered its forecasts, BUT forecasts for the stock and cashflow are still “solid” and bringing in real cash (hundreds of millions). The stock ended today at only $12 with a high this year of $90. I will be watching in closely with QQQQ’s for likely long long term call option positions after the President is elected.

wild stock market swings continue

these wild stock market swings continuing now are becoming more and more normal. last week was amazing. talk about huge losses and gains. i could only imagine how happy options traders were to get to trade those day trade swings. i’ve been having a hard time predicting exactly what the market will do next. i will keep practicing my option trades. if i can make it through a year i’m pretty confident i can trade full-time on my own. with the current DJIA below 9,000 i think it will likely fall again on monday. i’m likely going to do some call option practice trades going into the Presidential election.

How to deal with your stock portfolio losing value

Interesting subject because learning how to deal with your stock portfolio losing value can be a very important experience and tool for success. I’ve read plenty of money management books, but when it comes to losses it seems the only thing you can do is take a step back, observe, and react to the current situation. What stocks do you own? Are they in industries that are losing gobbs of money and going bankrupt (currently financials and auto). Consider using the warren buffett method or buy staple stocks such as an industry like utilities such as General Electric (GE). At least until we get better energy we will always need electric companies, gas companies, oil, natural gas, and soon hydrogen power such as Ballard Power (BLDP) or HOKU solar (HOKU).

As for emotional pain I say buy a big delicious pizza and treat yourself just because you are investing. Now don’t get fat and eat notoriously with the more negative gains you receive, but know just like a good treat bad things do finally come to an end and you will reap rewards by being patient. I suggest even punching a boxing bag because #1 all the energy you’ll be letting out will make you dizzy and forget about your financial problems #2 it helps you feel better and stay in fit and #3 it will make the meal you can still afford more delicious.

Financial strategies you can think of if you want to switch some of your money during a down market at least I would do woudl be tax liens, buying a rental properties, and shorting stocks or buying up put options on your stocks that are falling then sell off the options once the market changes its mood.

Learning how to deal with your emotions, appetite, and financial strategies should make you feel all around more confident about yourself and your future. Positive thoughts. Yeah…! At least it does for me losing tons of money on a portfolio or option position I need to immediately rethink my strategy. I’ve had to do this numerous times on business ventures I got into and even relationships.

+150% gains on call and put option practice plays in past 9 days

These practice trades stayed in the market longer then I wanted and they actually came out more positive then I imagined with this volatile up down down down market. The best performing in my opinion was my put option practice play on Sears Holding Company (SHLD). Historically the market does start coming up into November so in a way I wasn’t surprised at all to see plays start gaining support and basically up a few points of where I bought them at even with the market continuing going down. I definitely think our market is going down more for some stocks, but for others and the majority we are hitting major support bollinger band points. Usually this means the market is about to fall another big dump or retract and start moving up as I see on some charts like MVL.
I noticed SWN has 3 peaks in it’s downtrend and a big white support candle next to the last fallen peak. At $26 SWN seems like a steal, but sometimes bargain stocks are actually stocks still falling, but I think I will see SWN move back up to $30 again soon.

my practice trades in the market for the last 9 trading days: