rjm77me's Blog on People & Picks

HLF, NUS and FB have found a base and can be traded

All three stocks had a wild ride in their own ways
The chartssay they have found base and can be traded.
One can sell covered calls and buy some puts to have a collar
I will add my own views on the trade later.
I did add a small position in FB intra day at 31.5
please do your own home work

Speculative features of the Market = $FB finger pointing = What is true value?

Media hype and some system flop shows the speculattive nature of the total market valuation for each stock
What if the system had worked flawless on Friday - day of IPO - Does it mean the FB will be trading at $50 plus. There is so much media discussion on the failures of IPO
In my views Mr Face Book or smart money behind had a field day by taking quick profit. Lot of those folks had invested $1 for each share and getting $38 was a great deal. What ever they have left is an icing on the …

$AAPL seeing some buying = Money out of $FB?

I decided to put some money in AAPL for the first time on Friday - after watching face Book price action
My theory wrong or right was some money went on side lines by selling stocks like PCLN/ GOOG and AAPL for rolling the dice on Face Book
When face book did not work - money reserved or invested in IPO or pre IPo decided to find alternative safer know names or investment vehicles.
This implies that FB will see 32 soon

DLTR and AAP loosing altitude this morning

Both of them have been high fliers and loosing 10% after earning news
FDO had already broken up side momentum may be under pressure with DLTR
WMT is up this morning
Expect some pressures on AZO and other auto parts suppliers with AAP

HLF update = Shoot first ask later

http://www.peopleandpicks.com/blog/rjm77me/3820031/HLF--Shoot-first-ask-questions-later--buy/
This is an update on HLF - HLF dropped due to short seller asking some info during earning call by david Einhorn

Herbalife: Reasons To Side With Einhornat Barrons.com(Mon, May 14)
Nu Skin, Herbalife Continue Sliding After Barron's Storyat Barrons.com(Mon, May 14)

Every one suddenly turned bearish
At todays David Einhorn did NOT SAY A THING about HLF
All the shorts lined up to cover their…

ETF baskets info

Top 10 XLE components by weight as of 5.14.12:XOM, CVX, SLB, OXY, COP, APC, APA, NOV, EP, HALTop 10 XES components by weight as of 5.14.12:CLB, RES, HLX, BRS, DRQ, DRC, HAL, CKH, OII, EXHTop 10 XOP components by weight as of 5.14.12:SUN, CRK, CVI, XCO, GEOI, RRC, COG, REXX, XOM, CRZOTop 5 OIH components by weight as of 5.15.12: SLB, HAL, NOV, BHI, SDRL

$AAPL is still in distribution

AAPL is not catching any bid by smart money.
For small investors it makes difference in some way or the other - specifically if one bought aroubd $600
For mutual funds it is another stock which one can buy and accumulate
Mutual Funds managers aim is to beat the market with some margin - clients can loose real money
Like home builder stocks are on fire - how long they will keep going up is any one's guess
AAPL did the same for three months till it lost momentum

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