Follow Me On Twitter »

	Yesterday's AAPL and AMZN Earnings Yesterday's earnings went as expected. AAPL announced their best March quarter ever destroying the estimates. They sold 2.29 million Macs, 1.7 million iPhones and 10.6 million iPods. The iPhone number was shocking considering AT&T announced activating only 700k iPhones during the quarter. That means one million iPhones were bought, unlocked and activated on other networks. AMZN had a nice quarter as well with net sales increasing 37%. The only problem here was that AMZN's stock doubled last year and expectations were high. There is nothing they could have announced which would have sent their stock higher. Both stocks moved as planned but I am still down on the AMZN trade. I purchased AAPL 12 days ago at $154.24 and now it is trading at $167.75 (I am up 8.75%). I sold AMZN short on the same day at $73.02 and it is now trading at $78.07 (I am down $6.9). APPL is up after it's earnings and AMZN is down after it's earnings which is exactly as I anticipated. What I hadn't anticipated was Google's monster earnings last week lifting AMZN the way it did. At this point I am going to hold my AAPL and look for an exit on AMZN. I still think AMZN will trade lower and there is a chance I still might come out ahead on that one. I need to free up some cash though, because I have my eye on a couple stocks that I want to get into before their earnings. 24 Apr 2008 Disqus Comments »

	Problems With Scottrader On Leopard So I have been going back and forth with the Scottrade Customer Service people for a week now and still no solution to my problem with Scottrader. Scottrader has been acting buggy as hell, lags and bugs galore. They had me clear my cache, java cache and all the things you would think but there is still issues. It seems to stem from the fact that Leopard does not support Java 6. I guess that means it's Apples fault, but its Scottrade's problem. If they implemented a new version of Scottrader which is dependent on some part of Java 6 then they basically just screwed all of their Mac users. This is a HUGE problem, to the point where I might consider switching to another broker if not resolved soon. If anyone else is having problems with Scottrader on Leopard, or has a possible solution, comment below. 23 Apr 2008 Disqus Comments »

	Dont Let The Daily Movements Affect Your Overall Plan If you are not looking to make quick trades, there is a definate disadvantage of having your live stream up on your screen's every day. The twitchy daily movements of the market seem to have a much greater impact than they really do. Sometimes you need to remember to just sit back and analyze the overall trend.. EXAMPLE: I have been short UA for some time now. I have been in the green for the majority of the trade but I started to get a little bit worried yesterday. On Thursday of last week the stock was trading at roughly $32 and Monday it hit a high of $37.44. Now usually this would throw up some serious flags and I would be tempted to get out while I am still in the money. But luckily I am learning to relax and not let the twitchyness of the market cloud my judgment. As you can see below, this GIANT $5 MOVE was nothing but a blip on the chart of a stock spiraling out of control. 22 Apr 2008 Disqus Comments »

	The Hardest Game In The World After three days of frustration I have finally beat THE HARDEST GAME IN THE WORLD. Once I start playing games like this it is impossible for me to stop. Truthfully I wish Dylan never showed me this. But once I started playing... there was no stopping me. See how many deaths I had!!! jeeez. I am just glad this is over. Give it a shot and let me know what you think! Proof that I actually beat this shit! The Last Level I Won! 19 Apr 2008 Disqus Comments »

	When Google Owns Everything Casi and I were chatting and I brought up that Google was going to start selling tv advertising. She was like WTF! are they trying to do everything?? Yeah they are, soon everthing is going to be googalized! This lead to about a half hour of us coming up with awesome google words: Googlishious - Googtacular - Googorama - Googley - Goognormous - Googalization - Googtastic - Googness - Googantuant - Goognation I told her that beer shes drinking might some day be a Googweiser or a Goog Light. That led into another half hour of Googalized people, products, companies & places: Googneyland - gBeach - Drive a Googyota - Barack GooBama - Shop at Googstroms - Produce from Googbertsons - Gas from Argo - Snacks from sevenGleven - Sippn Goognotiq - Knots Googley Farm - Googlifornia When it was over I couldnt resist throwing together some Googalized logoz. Enjoy! 20th Century Goo 24 Hour Gooness Beyond Googtroleum Citigoog - Corporate & Investment Banking Disgover Card Wells Googo Bank GOL Gooz-its Goog Warner Cable Goorriott Hotels and Resorts Uncle Googs Rice Googbucks Coffee Googlebees Restaurant Googaroni & Cheese Gox Cable The Ritz-Googleton Googbuster Video GSPN Classics Googboy TV The Mighty Googs Goog of America Fed-Ex Ginkos Gotorola Googstrom GNN Goog In The Box Googmerican Express Washington Googtual 16 Apr 2008 Disqus Comments »

	Stock Picking Validation Sometimes its nice to get validation that you made the right decisions. The portfolio I put together the other day is acting beautifully today. Now I know not to expect this every day, but at least I know I am going down the right path with the Rockn A Full Portfolio strategy. The three stocks at the top I am short the rest I am long. Looks nice dosn't it? 15 Apr 2008 Disqus Comments »

	Sometimes you just KNOW Once again I talk up a storm about what im going to do and then don't follow through. I guess thats the point of this blog, I can post my analysis and then get fucking pissed when I dont do what I said I would. At least I tried this time though. On September 19 2007 I posted my feelings on CROX and how I felt it was a steaming pile of shit. To quote it exactly I said "These things are a fad and this stock is going to die." I took a big short position that day @ $55 but got stopped out 5 days later at $59. In hindsight I am glad I set such a close stop because over the next month and a half CROX flew to the $75 mark. Had I not put the stop I would have probably bought back the shares at a much higher price. The day I got stopped out I posted my analysis of the situation. "I got stopped out on CROX today at $59. I think this was a combination of bad timing, and bad timing =). Maybe I am a little too early? CROX will fall, maybe I wait till after the holidays." When earnings came around I wasn't paying attention and completely missed the bout. CROX dropped from 75.21 to 33.75 in one week. Boy did that get my attention. I revisited CROX for a small day-trade on Dec. 11 and made a little $. On Jan 23 I posted about Choosing A Dog and referred again back to CROX again when I was analyzing VMW for a potential short (I wasnt able to stick with that one either, and it would have been a $ maker). Today was CROX earnings announcement and once again it is getting PWNED. The stock I first shorted at $55 is now down at $10.50 over the course of 6 months and I just watched it happen from the sidelines. A couple times a year a stock presents itself and I KNOW without a doubt which direction it is going. CROX was one of those stocks. I have had many theories on how to play the market and one of them goes like this: Wait for the opportunities that you are 100% sure of, and keep a lot of cash on hand so you are prepared when it presents itself. If I could do this I would be making a ton more money and be trading A LOT less. Patience is the key to investing. Every time a situation like CROX happens, I get a little closer to fully realizing this. Some day I might just get the courage to stick to my plan. 15 Apr 2008 Disqus Comments »

	Rock'n a full portfolio So I've been mostly cash for the last couple months because I've been dealing with other shizt. Today I decided to put my $ to work and bought up a bunch of stox. Going into today I had JMBA (which I've had forever and is killing me), SIRF (not doing too well either but GPS chips will eventually be in everything), CFSG which is just chilln and I'm still short UA which is going well. So here is what I bought/sold today: FMCN: Bought @ $32.50 This stock has been tanking for the last couple months and ya, they lowered revenue guidance today but it sounds like a bunch of BS to me. They lowered their guidance because of a new rule that says they cant text message people without their permission (they shouldn't have been doing that anyway!). They will easily make back that money when American companies start calling them up for advertising during the olympics. I think it will be a lot more than they anticipated. AMZN: Sold short @ $73.02 If we are going into a recession (looks likely) retail is toast. Today retail posted its March numbers which were the worst in 13 years. Amazon should get hurt from this and I dont think their kindle is going to do that well either. AAPL: Bought @ $154.24 I fucking love Apple. The End. LOCM: Bought @ $4.10 While there is a bunch of madness regarding Yahoo! right now that isn't why I bought into LOCM(Local.com). I got this because of the same reason I bought SIRF. GPS is going into every phone and every device we imaginable and local information is becoming increasingly valuable. Sure GOOG and YHOO already have that stuff but expect someone who dosn't want to do business with them hooking up with or buying LOCM in the near future. STP: Bought @ $47.62 I have always been hot on solar and I need some exposure to it in my portfolio (no pun intended... ya right). FSLR is obviously the best of breed but its extremely expensive and the chart is starting to look kinda scary, I had a pretty bad experience with LDK so now I am going to try STP. The sun is fucking hot man and soon it will power everything. That's why it is there, lets use it! 10 Apr 2008 Disqus Comments »

« Previous1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Next »

Get notified next time I post. Three ways to subscribe: RSS Email Twitter

© 2009 BrainBackup.net | All Rights Reserved.