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S&P 500: 1,886.76
Change: +1.29%
rjm77me
P&P Score: 100.00   Points: 855.90   Accuracy: 72.60%   Average Pick Score: 1.10   Annual Return: 29.08% (153.15% since 7/16/09)  

rjm77me's Blog : Latest entries

$AAPL still lacks real buyers

Date October 17, 2014  Edited: October 17, 2014     Comments Comments (1)    Rate this post Recommend This Post (5)
 shares are trading higher by $1.83 at $98.09 in Friday's session. It has found resistance just ahead of Wednesday's high ($99.15) at $99.00 and retreated to its current level.
I had bought some aaple shares two days ago at 97.41 and sold today at 98.79. I am still buyer of AAPL on dips.
I am a buyer of $GOOG AT 505.02 LIMIT RDER IN SYSTEM

Relative P/E for $ LUV

Date October 13, 2014     Comments Comments (3)    Rate this post Recommend This Post (13)
Luv has traded at average p/e of 12 to 14
With airline sector it achieved p/e of 32 with out 2.2X earning increase.
Where will it go is any ones guess
My relative p/e for $ LUV is 18 to 20

Momentum stocks still getting hit

Date October 13, 2014     Comments Comments (3)    Rate this post Recommend This Post (10)
All high momentum stocks with lot of hot air and lack of valuations are getting hit.
Check it out
MBLY GPRO TSLA and more
Comparatively GOOGLE is trying to find some buyers at 540 level

Did Icahn loose more money on $ CHK then he made on $ AAPL

Date October 10, 2014  Edited: October 10, 2014     Comments Comments (1)    Rate this post Recommend This Post (17)
I just read some headlines on my cell phone other day.
More later
Market Watch October 9 story stated Icahn is the biggest shareholder in Chk. And lost 70 million in chk while gained 10 million in Apple.  The writer wondered when he will talk to CHK board or he just tweets to Mr Cook to gain few points
Mr Cook is a smart guy and know when to put investors money to work. Mr I can more or less own 5 public companies and all of them are near 52 week low price.  Please do your homework.…

TSLA sell on news

Date October 10, 2014     Comments Comments (1)    Rate this post Recommend This Post (12)
TSLA sold off at open
Market didn't buy all the hype.  They need serious money for production expansion.
For auto industry TSLA volume is hobby shop volume.  Auto industry car lines run on average 50 vehicles per hour.
One thing which seemed interesting were head lamps ... similar to First Dodge 300 series. I owned one 10 years ago with 8 cylinder engine.  It always deserved second look

$FXC plays = Canadian Dollar has been crushed in last 15 days

Date October 8, 2014     Comments Comments (2)    Rate this post Recommend This Post (14)
Here are some stocks worth considering
TD, BNS, BMO, CM = All solid banks
MGA = One of the world's biggest automotive supplers - supplies to almost every OEW car / truck maker in world.
Automotive stocks are a bit out of favor

Will you pay more if you can buy a stock 1 cents cheaper = Unless you have a value buy point

Date October 7, 2014  Edited: October 7, 2014     Comments Comments (10)    Rate this post Recommend This Post (16)
That is exactly when market breaks down - folks look for exits and return to same stock when air clears up
I sold ORCL at $39.19 2 days ago. I made 2.8% in less than 3 days. I am waiting to buy again around 38.12 with reasonable risk and reward
Will I get it for that price. If I buy at that price - will it hold - I do not know
It is a reasonable trade

Anything which can hurt the foot went down the tube today = meaning gold bars or steel or coal lumps

Date October 3, 2014     Comments Comments (2)    Rate this post Recommend This Post (17)
China data ws lousy and $ strong
So oil, stell, coal, gold all ended in negative side of the ledger. Few stocks made feeble up move with market

My intention is a balanced approach to market

Date October 2, 2014     Comments Comments (6)    Rate this post Recommend This Post (16)
I do avoid stocks when valuation become stretched. 
There are at least another 100 safer choices on any given day
A trader has a choice to make investment to meet their psychological approach.  You do not see Warren Buffet to buy GPRO or TSLA. I do play with riskier stuff more than Mr.Buffett. He holds for years. My hold time is counted in days or weeks. 
There is no perfect way to invest.  I bought ebay today at 54.70. I expected a pull back when it popped up 2 days ago. …

The market dip will provide good opportunity for Stock pops if they beat earning

Date October 1, 2014     Comments Comments (2)    Rate this post Recommend This Post (19)
The market pull can be an opportuunity if you are in cash for part of your portfolio.
The fun starts in 2 weeks in full swing
More later
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