Irrationally mad decision making to obtain the American Dream.

stock news

AAPL, GOOG, & PCLN continue fall from peak after subtle expected pop.

So in my two earlier posts I first analyzed and came to a long waited gut conclusion with these weekly faster and bigger moves that the top peaks of a few fat stocks looked like they were ready to sell off. Particularly Apple (AAPL), Google (GOOG), and Priceline (PCLN). I predicted a pop after the quick fall on Monday for all three stocks to having a buying opportunity especially on AAPL Tuesday. On Tuesday and Wednesday the stocks popped up. Then I planned on Thursday into Friday, if I was correct about the possible new downtrend starting to begin, to show after the initial quick trade on Tuesday. Today, all three stocks got hammered except GOOG.

However, with GOOG I find an exception because it hasn’t moved back up as quickly like AAPL and PCLN. GOOG seems like it is a turtle slowly going down a hill whereas AAPL and PCLN are like college frat kids jumping off into deep blue lagoon abysses. 

After Wednesday I initially thought GOOG out of the three would have been the best practice trade to follow in and trade on real money, but after two seeing all three continue to fall I’d say it’s safe that all three are in for a short-term stock price correction.

Now on Friday even the MSFT did well in earnings I don’t think it’s going to affect my stocks. All three stocks will likely fall another 10 points into next monday.

Currently here are the 3 practice put options I have in play:
(bought on close of the 16th – the better trade would have been the close on the 18th)

AAPL 555 MAY PUT @ $20.44 / currently at $16.55

GOOG 610 MAY PUT @ $19.40 / currently at $19.50 (still likely the weakest and best put play)

PCLN 655 MAY PUT @ $20.50 / currently at $12.17

And I’m going to add an QQQ NASDAQ index put option due to how heavily these 3 stocks can weight on the QQQ index because it is ALSO at it’s peak high which has been squatting at the price of $65-67.

Buy QQQ 66 MAY PUT @ $1.42 (close of 4/19/12). QQQ’s are slow but likely the least amount risk out of these 3 larger options as seen just by the movement of the options except for Google because it hasn’t moved much only slowly falling. However, if GOOG continues to drift downwards it could have a sudden couple of big falls.

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-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)
12-17-08fnn


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!


Reading my stock market diary exactly 1 year ago…

Flipping through my market diary I find that many of my stock picks I follow are up around $20-30 pts or 25-40% in price. Specifically AAPL, NTRI, BA, GOOG, SWN, TGT, GME, FXI, and many others. I’m hoping to use some of my diary to get some excellent plays in coming this fall. The stock market has really been rising with todays big increase in the Dow Jones I wonder when the market will flip. Last year at this time oil was hitting highs of $76/BBL and currently we are around $71 from where it dipped at $61. Most of these stocks still have a low PEG score with low P/E. I’m curious if we will have a high priced stock market in the next year or two where we will see the majority of stocks priced over $200 including stocks not supposed to be priced that high which will eventually fall the hardest again.

Currently I’m checking out another real estate deal since this 5-unit apartment building fell through because the seller would not communicate with me so I could get escrow and my mortgage lender setup correctly to buy it. Another property I put on hold was a hotel unit for sale where the hotel pays you X dollars upfront for leasing it from you for 2 years giving you guaranteed rent up to 4 years then your unit goes in a pool to rent out and you collect from that. It is on the Hilton Head Island, GA. It is suppose to be a premier spot in the south east coast so I’m going to do some research on it. It costs $249,000 with a 10% down payment and I’d get back my closing costs plus another $30,000 with in 2 years of closing if I leased it to to the hotel company. But after the 2-4 years I’d be forced to put it into the pool to rent out and unless the hotel shows full occupancy 6-9 months out of the year long-term it might not be a good deal. I would earn $50,000 back in two years which would pay for my student loan of $40,000. It would produce $700/month cash flow if rented full occupancy 12 months a year. I’m going to discuss it with the seller today and think out my options. Even if I made $300/month continually after the 2-4 years it would still be a great secure cashflow.

Besides money life I went to check out a new room to rent and met two cools girls. I ended up not renting the room but asking one of the women out to breakfast and got a “yes”. I didn’t think it would be so easy. So luckily this saturday morning date will be a lot of fun. I’ve never asked out a girl on a date by checking out rooms for rent, but hey nerds theres an idea.


Stocks, Stress, and Acupuncture

I just recently received my first acupuncture and coupling therapy or should I say rather relaxation time. I just got the massagers info off the internet and she was very friendly and willing to charge me a lower rate for my income. She first did massage, then coupling which is like heated suction on your back to take out acids, and then needle pins in my hands, feet, ears, and head. It is suppose to reduce or get rid of stress for a week. I’ve been pretty upbeat and I have to say more then usual. Even my roommates have told me last night I’ve done a 180, but I think it was more of just being in a good mood and joking the horror movie more than anything. I also got to jam out with my friend on our music project so that was awesome.

Stress recently has gotten the best of me because I’ve been trading so miserably, decreasing my networth day by day, and seeing the pearly gates of heaven burn burn burn infront of me.
If I plan to make a difference in the world with money I’m going to have to make it, not lose it.

I recently, or should I say finally, got my bran new custom 6’6″ classic fish surfboard. I’ll post pictures soon. It’s very wide and fat more than I expected, but very quick.

As for stocks there has been super profitable plays all that I did not trade because I am in over my head in losing dead end trades. I really don’t believe in investments. I laugh at people saying I’ll wait 10 years for a stock to move in my direction. For myself I’d be really old by then. Why would I want to wait 10 years I suppose it’s the same type of person that strictly invests in IRA’s, 401K’s, and planning on retiring after 20 years of military or civilian corporate employment. Well that isn’t me! I want to succeed in trading options now within a certain time frame so I can retire early, much earlier then my peers. I’m sick of working. Working is for droids. I want to “live” and I really mean that in the wholeness of “live” not just work my whole life for no real purpose.

Well enough on the philosophical approach.
Big gainers recently have been probably #1 AMZN and AAPL. More calm big movers for the liquid market would be the QQQQ’s. If you haven’t you really need to check out the big mega trend. Could this be a very bullish year or is the market ready to puke up some serious profits?
Many stocks turned this week after the Dow hit $13,000 level. My MAY 05 105 PUTS in FXI are going my way and all the main charts are lining up for a big fat fall on FXI’s big ass. Things can always change and I may still be wrong if I don’t sell soon for a negotiably decent profit of around 20% for the month.

Recently I’ve seen a change in momentum on WTVI.PK. Not a stock I’m too fond of but its not even a stock its just a penny stock. If it IS TRUE that they enrolled a real astonishing 50,000 new members then its a big milestone and accomplishment for the boring yet “trying” website. This could create major new buying and at $.0035 cents WTVI.PK isn’t cheap, but curiosity.
Will curiosity kill the cat again?


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.


Current stock market conditions + NTRI, JSDA, GOOG

For the first trading day of April stocks are up probably from fund managers buying them up, but on 233min, Daily, and Weekly charts I don’t see any stock trades. It almost looks as if stocks are starting to turn over to fall or have a bearish rally. The two stocks that come out that do show a continuing uptrend are NTRI @ $53 and JSDA @ $22. Jones Soda Inc (JSDA) is currently up 10% so I’d wait to buy into this “hot stock” at the moment. To read more on it check this out. It is being compared to Hansen Inc. (HANS @ $38) to be the next big beverage profit machine. Google (GOOG @ $456) looks like it is turning over on the Daily chart, but the 233min chart shows it has been sold off and possible ready for its next run. As you see in the 55 minute chart below it shows GOOG being sold off for the past 7 days and today created two white soldiers that broke the short-term trend down. Possibly tomorrow we might see a large spread.

GOOG 55 Minute Technical Chart (click on chart to enlarge)

goog stock chart

I sold out of my NTRI JUL 50 CALLS today for a 30% profit in 1 month holding the option. It was a bad trade, I’m actually in a crap load of bad option plays, I should of waited and not bought into any position in the current market condition. So now I’m in a bind to slowly wait for stocks to swing in my favor to sell out at breaking even or profitable. For instance my BA APR 95 CALLS are definitely not going the way I thought Boeing Co. would move. It has already received around 5-7 big orders and the stock, although moved to $91, has not reflected all the positive news that will boost its earnings and increase its capital. BA sits at $89 pissing me off. I feel my option will run worthless and then in June its bullish historial run will happen so I definitely got in to early unless I am “lucky” this month to get a quick big run to sell me out of my position profitably. BA does look like it is at its low for its stock trend going up and down so it might have a run soon. Another option I bought NYX SEP 115 CALLS stock went down to $82 now back up to $97 talk about major loss. Again, if I would of waited for a better play I could of bought it way low and made a small fortune within a months time. Lessons I suppose you can only learn from losing money and trading during times you should be waiting on the sidelines of the field anxious to play. I do have a lot of time left in the CALL, but once it hits $105 I should be sold out + 100% though I could of been up around +500% if I waited to buy when there was a true reversal in momentum.

As for my two penny stocks CCNG.OB and WTVI.PK. They are doing what penny stocks do basically blow up and die. Although both companies are following through with their plans, gorwing their business, what they aren’t doing is growing investors confidence. both positions are down -50 to -75% and I’m not happy and will have to wait much longer to profit once they have respectable moves if they make any real money to surprise new investors to buy their stock. I plan to rebuy both CCNG.OB at the .0001 level. Recently a stock trader has mentioned ETIM.PK and its pretty funny that a company is selling “collectable casket/urns” nonetheless people actually do but crazy stuff for pets expecially. I liked the website and I’ll have to review more. People do die everyday and so do pets with limited lifespans so I could see how it could be a profitable business even when your “core” customers die too!


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.


Wi-fiTv.com (WTVI.PK) following a minor uptrend, BA, NTRI

Wi-FiTv.com just came out with a new press release on posting wedding video. I have to admit this is something definitely I don’t see or hear about on the web. The company is either crazy for thinking this up (being a private more intimate memory) or they are brilliant and wedding video posting might be worth $$$. I guess in the months ahead as they establish themselves on the internet (because it doesn’t just happen overnight coming from experience). WTVI.PK stock price has been volatile because it is a penny stock and because of this you shouldn’t ever be afraid. You aren’t invested your next egg or childs college tuition, you are rather investing a few thousand dollars or the price of a nice flat screen Tv. It is a speculative company.

WTVI.PK has been starting to follow a minor uptrend and lets all hope it continues with increased buying in the stock (the only way it will go up). I noticed today much of the buying probably was from the press release from over 13 million shares traded. For such a small company many shares are traded because relatively any investor can buy a couple 100,000 shares for less than a couple thousand dollars which is hard to do with any dollar stock.
Current stock price is support in the .012 to .02 range. Click on picture to enlarge below.

WTVI.PK Daily Stock Chart

wtvi.pk daily stock chart

Current Boeing has created a large candle with increased 787 orders and follows a strong uptrend. Check out chart.

BA Daily Stock Chart

BA daily stock chart

Nutri Systems Inc. has recently popped after earnings and mildly traded lower from the volatile sudden increase. 200 million share buyback is in place by company and target has been raised to $76 from increased growth. Besides this the companies correction was good so investors could get back in at $44 stock price. If the stock does not hit $49 by the end of the week I’m selling off my options most likely if the stock trade reverses itself. Currently the trade has a good story, but NTRI hasn’t been picked up on yet or Jim Cramer. Today it traded lower but 8 minute chart shows its still bullish to move higher into the next trading day.

NTRI 8 minute stock chart

NTRI 8 minute stock chart

NTRI Daily stock chart

NTRI daily stock chart


Fridays always seem to be bearish. – Week summary

It seems to me Fridays are always bearish or at least a great percentage. Every call option I’ve ever bought seems to drop on Friday. I believe I was even hinted from my mentor that Fridays stocks seem to fall after a week of traded on weakness and tiredness in the market place. I expected the market to continue falling after a small rally buying session after Feb 27’s predicted sell off. Fed Bernanke keeps trying to make investors stay optimistic about the economy’s neutral position and still solid fundamentals, but investors seem pretty gloomy. I’m gloomy, but today reading some old materials on the stock market I realized something significant which is that we are in “warnings season” when profits are lowered and companies warn about lower earnings. So I should be embracing this not being gloomy. I’m trading the wrong positions currently and that is probably why my portfolio is taking a beating. I’ve been very bad is the past 15 days I planned to pay off my car I instead traded all my money again.
“All aboard I’m all in” – for some reason I think like this and its getting to risky for my financial goals and health status.

I just recently purchased my first customized 6’6″ Classic 1970’s Fish surfboard. I’m going to have an awesome graphics design on the board with ironically my golden stock rules I keep forgetting or ignorning on the front so they are looking right at me while waiting for waves, and on the back I’m going to have a rising sun picture (like Japan’s rising sun flag) with the artwork called “rising sun” which is a male with wings stretched out taking off for hope on top of the rising sun image. Next to the male (possibly with a cartoonish image of my face) will be a mean bull on the left and a scared bear on the right. Under the drawing it will say “bull vs bear”.
This will be my stock market surfboard to remind me everytime I go surfing that I need to follow these rules to control the bulls and bears to be a master of the market. This might sound kind of nerdy and not very surfing imagery like, but surfing is a great time for quietness and memorization. The more I read those rules sitting out in the ocean the more I should live by them. I will post a picture of my board when its done.

Right now the market is shakey. This big sell off should spark a upwards rally, but we could be in for an extended decline. I think Apple Inc. in May starting to sell iPhone units will be a big help in pushing tech stocks like Apple higher, including Sony’s PS3 being a hot product with blue ray, Research and Motion’s phones, and Nintendo’s Wii performing and selling so well.

Speaking of “blue ray” this is definitely something to lookout for. I’m going to start researching companying manufacturing it and selling it because it will be the new HD picture formating tool of the future. Instead of DVD players you’ll start seeing Blue Ray players to show true HD picture which is now needed if you want to watch true HD movies/shows.


Follow up on WTVI.PK (Wi-fiTv.com) and other stocks.

So far I was at least right about choosing to sell when I did. Sure I could of made a bigger profit, but that wasn’t my goal. My goal was to get in and get out. If I’m wrong will all my profits be gone and my initial investment? Highly likely. If Wi-FiTV.com Feb 19, 2007 shows a good product I plan to buy back in at a higher price because then I feel the company has some to generate money with. I actually like the idea of it being the first Hispanic video social site. This is more interesting then being the first wi-fi tv like site since there aren’t any sites offered services to hispanics out there. I’m not surprised to see WTVI traded over 75 million shares today, which many of those selling off the stock because if they were all to buy it would of been in the teens (cents). If you have already sold pat yourself on the back. If you are holding on for dear luck well then to the best to you. I hope you make a million bucks, but I’m not sorry if you don’t.

Since I’ve been on the mid-watch and stayed up just to finish this post I see WTVI did another press release (of course themselves not an outside source) on updating there site here. This is definitely going to spike the penny stock again. I notice it says “1000 new personal pages”, but what about just uploaded video in general; is there a limit? A standard in $25,000 stations? I really don’t think they get it yet. There is nothing about formatted tv shows or anything new to keep visitors on the site. Personal pages are only as good as the site is. I’m curious what the site will show in its “sneak preview”. I think a lot of investors currently buying shares aren’t even young enough to “know” what a good social internet networking site is to a young person. This is a problem. Hahaha. It’s even funny. If you are an investor do you have a myspace.com page? a youtube.com page? a friendster.com page? a hi5.com page? AIM? hahaha..well if you don’t then sign up and test it out and compare it to wi-fitv.com after Feb 19 then you will know if you have a great investment or not. Here are some charts below (click to enlarge).

WTVI Weekly Stock Chart

WTVI weekly stock chart

WTVI Daily Stock Chart

wtvi daily stock chart

Other stocks I’ve been watching I think are about to move up are MA, CAT, and BA.
All three companies are in an accelerating growth sectors either breaking a large downtrend or
slowly pacing its way up through solid earnings growth.

MA Daily Stock Chart

MA daily stock chart

CAT Daily Stock Chart

CAT daily stock chart

BA Weekly Stock Chart

BA weekly stock chart

BA Daily Stock Chart

BA daily stock chart

To end this post I found this really interesting news article on CPTH.OB talking about cellular phone subscriber growth in India. I was actually searching if Idea cellular has a stock symbol and was traded, but from my research and knowledge it doesn’t (If I’m wrong let me know!). I’m almost 100% certain I’ve come across this Critical Path company years ago researching stocks. Looks like it has plummeted to a super low. If this article is correct and reliable then CPTH could easily having a great quarter now that Idea Cellular is its biggest customer. They should make a profit with all those subscribers and turn into a profitable company again. I’m going to email the company and see what their plans are. It currently trades at $.13 cents. If Idea Cellular was publicly traded I’d really be interested in it. Another broadband service in India currently traded that is receiving tons of growth is SIFY. See charts below. (Click to enlarge)

Telecommunication Plays in India:

CPTH Weekly Stock Chart

CPTH weekly stock chart

SIFY Weekly Stock Chart

SIFY weekly stock chart


INP ETF Fund & ERIC Technical Analysis

India has been growing as an emerging country and starting to put in place the technology that will turn it around. Broadband internet is being placed throughout India. Wi-Fi cafes are becoming a hit and if the country does anything right we should see continued movement upwards in this ETF fund INP. A specific wi-fi company in India is SIFY.

INP Weekly Chart

INP week stock chart

INP Daily Chart

INP daily stock chart
________________________________________________________________________
2/23/07 Recent INP has broken through it support level around $53 and trades a little over $51.
All charts show it going down further until the downtrend is broken.

Another stock riding the internet technology wave is Ericsson Co. a telecommunications backbone company that provides 3G wi-fi services and networks. It’s earnings is April 24, 2007 and it has a solid trend up. It also has a low PEG score of 1.38, 13 Fwd earnings, expecting a surprise with increased earnings guidance.

ERIC Daily Chart

ERIC daily stock chart

ERIC 233 Minute Chart

ERIC 233 minute stock chart

It seems technology hasn’t been fully bought expecially telecommunication stocks. I believe this tech sector will gain the most this year just because for its growning need for this type of technology, positive news, analysis are buying it, the big players are putting their funds into it, and wi-fi/wireless/cellphones are the biggest trend right now. SIFY, ERIC, and ANAD seem like great plays. I don’t see any trades on any of the ANAD charts currently. It just received an upgrade and its speculative if the stock will show a profit this earnings. A big investment firm believes in it and it is a major player in the 3G and wireless technologies. Most of these stocks or competitors with these stocks offer leap year options for 2008 and 2009. I’m definitely considering just buying 10 contracts for 1 or 2 of these companies and not trading for the rest of the year. If companies are regular purchasing into the companies the stock should continue to trade higher, get upgrades, and the way the trend is setting the place for a wi-fi life profits should follow.


Discussions on Google.finance.com have taken off about WTVI

Since I started the first discussion and talked about how I saw the stock price slowly rising for WTVI by chart technical analysis others have came out posting too. I’m glad more discussion is being done on the company since its only blog site
http://wi-fitvchannelsales.blogspot.com
does not allow investors, interested parties, or a simple reader reply back to any of the blogs posted. It says “team members only” meaning sales associates in a nutshell. I think this is pretty lame. If you are going to have a blog for your company anyone and everyone should be allowed to say what they want professionally. I suppose even Wi-fitv.com can’t stop finance.google.com or my stock market blog. They should offer universal blogging on their site.

So far since I bought WTVI.PK off only technical analysis I was right about the MACD, DMI, and buy momentum. Someone has quoted it being at $.05 by Friday and I think that is a good possibility. I’d rather it move up slowly, but if it turns into a bust after Feb 19th then I think many of these shares will be sold off. But if Wi-fitv.com is even a bit realisitc about updating its site format, uploaded videos for channels, and marketing the site the stock will definitely see spikes in the price which is good for me =). I would of not bought this company not even accepted if for $0 because the site didn’t even make me want to stay on it. Nothing interesting, no online members, and all the channels were so boring and ridiculously not realistic for a “tv show”. Usually when you pay $25,000 for a channel you have a tv show format and you try to make your audience keep watching, but this was definitely not the case on these channels.

Wi-fi wireless technology is booming and video on demand over the internet is increasing with major growth so wi-fitv.com is right to say they are in the right spot for explosion. Here’s a recently I read backing wi-fi wireless technologies full strength and some companies you might want to take note in. Scroll down to where it talks about wireless technology and backbone companies. Click here for Yahoo! Finance article.

To find my posts on finance.google.com WTVI discussion board click here.

Let me know your thoughts if you have any new news on the company or if you think it has a fighting chance and why.

-FN


Technical analysis for LMT, CMG, OIH, and ALGN stock charts + More

Recently I’ve been doing some technical analysis on many stock charts. I’ve found LMT, CMG, OIH, and ALGN to be with best plays for trading stock options. Also a review on GOOG, AAPL, RIMM, WTVI.PK below with some information on our real estate bubble we have going on today.

Lockheed Martin Co. (LMT) has a strong uptrend and will continue until broken. The current bearish conditions aren’t effecting it, at least yet. (Click image to enlarge)

LMT Daily Chart

LMT stock chart

Chiptole Resturants Group (CMG) is looking like a short-term pullback to around $59. If it supports at that level then it should continue up its trend. So far it has done very well for a new IPO in this market. (Click image to enlarge)

CMG Daily Chart

CMG stock chart

Oil Holders Trust ETF fund follows oil. Currently oil has started to move again, but keeps getting pushes down. I see OIH short-term moving further down and would place Puts. Now for tomorrow it looks like OIH and oil that plunges 4% will pop higher – see my 55 minute chart. It’s direction shows upward morning movement. (Click image to englarge)

OIH Daily Chart

OIH daily stock chart

OIH 55 Minute Chart

OIH 55 minute stock chart

Align Technologies (ALGN) a teeth braces company has just recently bought out a partner, had a profitable quarter, was just upgraded, and is creating a strong uptrend. (Click image to enlarge)

ALGN Daily Chart

algn daily stock chart

Some other stocks you should take notice of right now is Google Inc. (GOOG) falling to $458 which looks like it will fall further before it is bought into again. GOOG is sliding down against the Bollinger bands so I’d expect it to have small rebounds down. Apple Inc. was just murded down to around $83 everyone keeps talking about how it is overvalued right now, Citigroup just upgraded it to a buy with a $105 price target with excellent commentary, and it is just about to come out with new products late Feb 07. These are all reasons I think its going to get out of its downtrend and crater-like chart. I feel RIMM which is moving volatile sideways will soon push past the $140 mark to hit its target once AAPL moves fast in the same direction. The stocks almost mirror each other in movement and news.

Another stock to take notice is WTVI.PK – Wi-fi Tv Inc. I’ve bought up around 853,000 shares and thats about all I’ll invest (around $3800 position). From everyone I’ve posted with on blog discussions the investors are very unhappy with how the company is going about getting channels, members, and an audience. So am I. The funny thing is all these people have bought shares and I guess you can say we are 100% gambling with where the company will go. So far my investment has gone up 100% from $.004 to .01 below is a stock chart of WTVI.PK. I think the stock will really move if the format of the site has really changed to welcome young people and uploaded better content to keep visitors watching the channels.
(Click image to enlarge)

WTVI Daily Chart

WTVI daily stock chart

I just recently read an article on Richdad.com’s site about the dollar falling and putting your money into gold and silver. I can’t agree or disagree because I don’t know much about buying fine metals, but what I do agree with is the real estate market is out of proportion and ready for a big bust. If you are ready you could make a fortune after the bust if you have money ready to pour into cheap fundamentally good real estate.