My public portfolio shown on my blogsite, at the time of this writing, for all to see is up to $4600 net profit after only two weeks! This relates to over a 100% annualized rate of return. All the stocks are doing fine, even the two stocks I replaced. Our concern, however, is not on individual stocks picks but how the overall portfolio is doing - the bottom line - which is the overall profit. That is what this is all about.
I totally expect to have down days and expect t…
(The following is reprinted with permission from the 'MightyMo: Rob the Market Blind' website)
The Matriculation Process
The word 'matriculation' means to 'gain' or to 'improve, get better'. Football coach Hank Stram used the word in the Super Bowl to tell his players to 'keep gaining yards' or to 'matriculate down the field'.
On wallstreet it is used by me to have your portfolio of stocks and equities to keep gaining, to keep improving and get better. One of the mistakes made by t…
The rollout of iPhones by China Mobile, the world's largest mobile carrier by users, with more than 700 million subscribers, is expected to start in two weeks.
On another note, Carl Icahn, who sold out of NFLX too early, has announced the request of a shareholders vote to be taken on a 50 billion share buyback by AAPL.
Disclosure: Own AAPL shares, holding since 2009. Faith wins over Fear. (see previous posting for additional details)
As you might know, I am a long term holder of AAPL. As stated on this site numerous times, I have owned AAPL since 2009 without selling a single share since then. I have added to position since 2009. There was much boasting and humping the chest about my holdings when AAPL took a drop in price last summer. I remained FAITHful to the company and to the stock. AAPL is now swinging back to the upside...as I knew it would.
Telsa TSLA is a company I have strong FAITH in. I have bought and sold this …
Pity our poor Joker (aka 3J) who's bloated but pee-wee mind always thought it was he who was the market and could bring it down.
Alas, out of the ashes comes the true one who did and can bring down the market down as he did today. Good ole Icahn.
As one who has a number of 'guideline rules', one of them is 'Don't fight the FED'. Maybe now I need to add another; 'Don't fight the Icahn'.
Well, there was the ipod, then the ipad, then the iphone and now storms in the icahn.
Apple now going against it's biggest challenge. Icahn twits a single statement: Lauching a website to get Apple to unload it's horde of 150 billion in cash. Icahn has pushed many buttons and won more battles than lost.
He goes after the buffoons in the boardrooms.
Icahn smells the cash and see it just sitting there, in Apple's golden chambers.
Icahn thinks management is doing ok but t…
Icahn and yours truly pulled out of NFLX today. I sold all at 337 and Carl Icahn sold a large block at 344. In the 'game' one takes the profit and then moves onward to other opportunities. Actually Carl started selling on Oct 10 at 304.
My matra as stated on the front of my website page:
Winning is ... finding Momentum , grabbing it, profiting from it, and then releasing it.
My trades from May 15 to 10/22/2013 on NFLX netted ov…
Headline: Netflix (NFLX) remains unstoppable as it gets in bed with cable operators !
As Apple AAPL and the short sellers remain stun and dumbfounded, Netflix NFLX continues it ferocious and unrelenting pursuit of gaining on it's targeted goal of 90 million subscribers.
The latest punch by NFLX is an apparent agreement with US cable operators to carry access to netflix via their cable boxes and shown directly to TV. This will likely add a massive amount …
Just about every mainstream analyst, media, and bloggers this past weekend were predicting doom for Telsa's share price.
Shows you what supposedly highly intelligent people who predict do; they fail most of the time. Price action is the thing that really counts!
This reminds me of google's GOOG ipo. It came out day one in 2004 and closed at 100 and the media said no way it could sustain that and was way overvalued and over priced ; and then Barron's would report on a regular b…
(What follows is a reprint of an article I wrote on my personal website. I wrote it over the weekend. One change I made. TSLA was at 190. However, today with the market indexes way down, TSLA matriculated upwards another 3 plus points to 193.37)
The Defiant Stocks
Every week someone from the media and/or internet peanut gallery offers up a recommendation to short sell stocks such as Telsa (TSLA) .... and each week they end up baffled and dumbfounded as certain momentum stocks continue their up…
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