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Learning, Sharing, and Teaching => Investor Alley => Topic started by: soccerluvof4 on March 05, 2014, 07:41:20 AM

Title: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 05, 2014, 07:41:20 AM
[Mod Edit]  Changed the word "Forum" in the thread title to the word "Thread" - a whole forum section is not needed for this, at this time, but a single thread is fine.  For those posters who don't agree with active trading or are a fan of index funds, this is not the thread for you.  If you would like to discuss active versus passive investing, start a new thread, and let the active traders have this one for posting their ideas/thoughts/results.  Thanks![/End Mod Edit, back to the original message]

Whatever you want to call yourself s, I just thought there could be a place here at MMM  to start a forum and share ideas, trades, research, opinions or whatever for those that do trade or are very active in the markets. I do for my own purpose utilize this as a source of extra income just like anyone else would do side jobs doing remodeling.  Right now I consider myself to be an "opportunistic trader" but usually self described as value investor. I am not looking for people to be part or respond to this thread to express why or why not they think we are foolish and trying to guess the market tops and bottoms or trying to beat the index funds. I feel confident in what I do so lets keep it Friendly.

 The Market seems toppy to me with both putting in record S&P highs as well as the last time the Russell 2000 index rose by 3% (and to a new 52-week high) was March 1, 2000. Buyer beware. However as most of us know this doesn't mean the market wont continue to climb but my feelings are it will be more choppy which is why right now I am more into cash and an Opportunistic Trader. Overall this doesn't bother me as I use about 10% overall only of my portfolio for trading and when I take profits I send them to my index funds. So money in goes to my trading platform first then to my mm savings account in my index funds then to my index funds. All in all i put about 10 hours a day into trading and love it. No I am not a professional but I feel it keeps me sharp and I find companies I send to my sales force to try and do business with as well as just keep a pulse or try to on the overall business atmosphere. I have been trading for 15 years +/- and think that any information here should be looked at as nothing more than another read and not designed to be recommendations.

A few things I will share of late I have been doing /done/like.

My favorite Reit and I keep adding to is ARCP. I feel this has a strong case to be the next O

Apple Below 520 I have been buying and then selling on rips.

Sold all my shares of BP on the last rise and have been buying COP on dips.

The other day bought TBT and sold yesterday, was a good trade

For fertilizers I like SQM and am long the name. I would get AC back in to POT under 32$

I am also long but not limited to C,GM,KO,PG,SNV,FCX,MO,PWE,SDRL,SO,MUA,MAT,NE,FRD..

Hope others get involved and Happy trading.

Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 05, 2014, 07:53:43 AM
Thank you for correcting that arebelspy!
Title: Re: Active investors/Day Traders Thread
Post by: wtjbatman on March 05, 2014, 09:15:15 AM
I'm not an active trader, since I do practice buy and hold (except for a couple very specific exceptions), but as part of DGI I do research and examine stocks quite a bit, so hopefully I'm welcome to post here.

Personally, I'm glad Barron's wrote their bearish article on KMI/KMP, as this let me finally initiate a very healthy position in KMI. A position which immediately gained 1%, and I believe, will be a great long term asset in my dividend portfolio. I got it near the 52 wk low, and locked myself in to a great yield on cost. It's hard to argue with a 5% yield and a projected annual dividend growth of 8%+ over the next 5 years. That's what we call the sweet spot of dividend growth investing.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 05, 2014, 09:36:51 AM
I'm not an active trader, since I do practice buy and hold (except for a couple very specific exceptions), but as part of DGI I do research and examine stocks quite a bit, so hopefully I'm welcome to post here.

Personally, I'm glad Barron's wrote their bearish article on KMI/KMP, as this let me finally initiate a very healthy position in KMI. A position which immediately gained 1%, and I believe, will be a great long term asset in my dividend portfolio. I got it near the 52 wk low, and locked myself in to a great yield on cost. It's hard to argue with a 5% yield and a projected annual dividend growth of 8%+ over the next 5 years. That's what we call the sweet spot of dividend growth investing.

Glad to have you here . In fact a few weeks back i visited your blog. I agree with your assessment/reason as well on the KMI/KMP article. I too look for accidental High Yielders that through the ups and downs will be around and pay me in the process.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 05, 2014, 10:17:18 AM
Took my profits in GM today (almost 10%). I am watching the market to put a bid in on SDRL. With that 11% Dividend and near the 52 week low the risk/reward from what I am seeing is improving. So I am going to continue to add slowly and keep a stop below. But i think some patience here could reward so playing it closely.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 05, 2014, 10:51:41 AM

 New York banking regulators have announced that they are now targeting Nationstar (NSM) in the mortgage-servicing business.

 First Ocwen (OCN), now Nationstar.

 Three developing problems now facing the mortgage-servicing industry:

 Policy risk. The cost of servicing mortgages for nonbanks is likely to rise owing to litigation expenses. In its extreme, it could narrow or      eliminate their competitive advantage over bank servicers. Investigations/probes are contagious and expensive. This we have learned with subprime lenders (and robo-signing issues) in the last cycle, including Wells Fargo (WFC), JPMorgan Chase (JPM) and Bank of America (BAC), in which costs/fines seem to go higher and higher with every settlement. If the servicing margins are importantly influenced by burdensome and expensive government intervention, the industry's return on investment will dwindle by an unknown amount.
Other state regulators might join in. There is blood in the water, and other state enforcers might feel compelled to act.
These three emerging headwinds are value-deflating.

At some price, the run-off value of the companies will make (relative to the share prices) an investment in the sector compelling.

But we are not yet there.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 05, 2014, 11:32:25 AM
SQM my favorite way to play the ag sector caught a bid today as Barclay's raised Agrium and Potash on improving fertilizing markets. Long SQM but probably wont get my 32$ buy on POT
Title: Re: Active investors/Day Traders Thread
Post by: steveo on March 05, 2014, 12:39:25 PM
I trade foreign currencies. My approach is to look for something that I feel is at a funny level and then go against that and hold for a long time. I think the USD will appreciate over the course of the year but I get it wrong all the time.

I definitely don't actively trade - one or two positions per year is all I feel I can do and actually make money off.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 05, 2014, 01:10:44 PM
I trade foreign currencies. My approach is to look for something that I feel is at a funny level and then go against that and hold for a long time. I think the USD will appreciate over the course of the year but I get it wrong all the time.

I definitely don't actively trade - one or two positions per year is all I feel I can do and actually make money off.

I have never dabbled in currencies. I would be interested in your approach and anything else you can share.
Title: Re: Active investors/Day Traders Thread
Post by: hodedofome on March 05, 2014, 01:37:29 PM
I am a momentum/trend following trader more in the style of Jesse Livermore/Nicholas Darvas/William O'Neil. It is 100% technical and about 90% systematic. My retirement accounts are all in index funds but I switch them out based on trend and relative strength similar to strategies published by Mebane Faber or Gary Antonacci. Retirement accounts are 100% systematic. I don't do any day trading and most orders are market-on-close. Trailing stops are either limit orders or market on close. I usually win about 30-50% of the time. Losses are cut quickly. Winners are left to run as far as they will. I've been investing since 2005. Trading since 2011. PROFITABLE trading since late 2012. Before the end of 2012 I really had no idea what I was doing.

My hold times for individual stocks varies. It could be a day or over a year, depending on how long the trend persists. I've found myself almost solely in biotechs lately. FLDM, ATRC, HZNP, RVNC, CARA, EGLT. Also in IRBT and AER. Will buy INVN at the close today.

I know some believe we're in a bubble. Others are convinced biotech is a bubble. I don't mind being invested in a bubble. I have trailing stops that will take me out when it's time. In the meantime, I welcome the bubble to get as big as it wants to.

Currently my trading account is about 75% of my emergency fund. It is my goal to reinvest all profits in this account and grow it to be my FIRE money. It will eventually provide my income, although the profits are very lumpy and volatile (most volatility is upside, not downside). Some years I may not trade at all, if it is a persistent bear market. I buy stocks making all time highs, most have doubled or tripled by the time I buy them. I have very tight stops and don't risk more than 1% of account equity per trade.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 05, 2014, 01:48:09 PM
I am a momentum/trend following trader more in the style of Jesse Livermore/Nicholas Darvas/William O'Neil. It is 100% technical and about 90% systematic. My retirement accounts are all in index funds but I switch them out based on trend and relative strength similar to strategies published by Mebane Faber or Gary Antonacci. Retirement accounts are 100% systematic. I don't do any day trading and most orders are market-on-close. Trailing stops are either limit orders or market on close. I usually win about 30-50% of the time. Losses are cut quickly. Winners are left to run as far as they will. I've been investing since 2005. Trading since 2011. PROFITABLE trading since late 2012. Before the end of 2012 I really had no idea what I was doing.

My hold times for individual stocks varies. It could be a day or over a year, depending on how long the trend persists. I've found myself almost solely in biotechs lately. FLDM, ATRC, HZNP, RVNC, CARA, EGLT. Also in IRBT and AER. Will buy INVN at the close today.

I know some believe we're in a bubble. Others are convinced biotech is a bubble. I don't mind being invested in a bubble. I have trailing stops that will take me out when it's time. In the meantime, I welcome the bubble to get as big as it wants to.

Currently my trading account is about 75% of my emergency fund. It is my goal to reinvest all profits in this account and grow it to be my FIRE money. It will eventually provide my income, although the profits are very lumpy and volatile (most volatility is upside, not downside). Some years I may not trade at all, if it is a persistent bear market. I buy stocks making all time highs, most have doubled or tripled by the time I buy them. I have very tight stops and don't risk more than 1% of account equity per trade.

Alot of money to be made in Biotechs no matter what the markets doing. I have found I like to buy them in baskets (5 or 6) so if one or two of them goes out of the park I make mula!! right now I am not in any but have a investigation list I am always working on. Keep us in the loop and if i see anything you might want to research i will throw out there as well! Prosperous trading/Investing!
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 05, 2014, 02:01:51 PM
Not to much today really.

Sold my shares of GM for a nice profit.
SQM is jumping after Barclays upgrades fertilizers Agrium and POT but I like SQM the most in Ag sector and will add on pullbacks or sell if it runs away from me.
Bought shares of RBS at the close. The Bank is going nowhere IMHO and am glad to get into at this price.  Reported a loss last week and have been watching it. Feel somewhat of a floor is in the stock so will add but know it might be a rocky  ride but one i am willing to ride out.

For the most part I will be an "Opportunistic Trader" in this enviroment.

Title: Re: Active investors/Day Traders Thread
Post by: steveo on March 05, 2014, 04:23:36 PM
I have never dabbled in currencies. I would be interested in your approach and anything else you can share.

My approach is really simple. Look for what seems to be an extreme position and go against it, have an opinion on where the overall market is going and don't fight against this, ideally have the interest differential in your favor, don't over leverage and hold for as long as possible.

Currencies are the easiest thing to trade - you basically bet on the US dollar going up or down. The rest is sort of details that aren't that important. Leverage is extremely easy to get but this can blow your account up so go easy. I also don't see trading foreign currency as the path to riches - its more something that can make a little on the side but it is risky and not worth considering as part of your retirement plans.

I'm not a fan of technical trading strategies and clearly defined stop losses. I have read all of this stuff and I don't think it works if you follow it to the letter in reality. My FIL taught me how to trade foreign currencies and he trades massive positions, hangs on for as long as possible and prays he gets it right. The guy is a multi-millionaire from doing this and was a private equity trader after being a Treasurer at a big bank. He does have some big losses (which he tries to hang onto until he can get out and break even) but on the whole the wins outnumber the losses. He also thinks you need a regular income as well as any form of trading income to survive.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 06, 2014, 05:29:29 AM
I have never dabbled in currencies. I would be interested in your approach and anything else you can share.

My approach is really simple. Look for what seems to be an extreme position and go against it, have an opinion on where the overall market is going and don't fight against this, ideally have the interest differential in your favor, don't over leverage and hold for as long as possible.

Currencies are the easiest thing to trade - you basically bet on the US dollar going up or down. The rest is sort of details that aren't that important. Leverage is extremely easy to get but this can blow your account up so go easy. I also don't see trading foreign currency as the path to riches - its more something that can make a little on the side but it is risky and not worth considering as part of your retirement plans.

I'm not a fan of technical trading strategies and clearly defined stop losses. I have read all of this stuff and I don't think it works if you follow it to the letter in reality. My FIL taught me how to trade foreign currencies and he trades massive positions, hangs on for as long as possible and prays he gets it right. The guy is a multi-millionaire from doing this and was a private equity trader after being a Treasurer at a big bank. He does have some big losses (which he tries to hang onto until he can get out and break even) but on the whole the wins outnumber the losses. He also thinks you need a regular income as well as any form of trading income to survive.


Very interesting.  If you dont mind me asking can you give me an example of a trade you might like or have right now? and do you use a particular trading platform for just currency ?

I agree with your FIL but now that I am in ER and my wife is working I look at is as my part time job :-)
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 06, 2014, 05:52:53 AM
I am making the case for BWP one of this years first fallen angels. After its dividend cut it still has a 3% divy, but Boardwalk Pipeline Partners (BWP) has seen its shares absolutely blow up so far in 2014. The Master Limited Partnership's stock is down 48% this year after slashing its dividend by about 80%. An increase in production from the U.S. natural gas industry has caused prices to fall. It doesn't look like business conditions will improve anytime soon. Chief Executive Officer Stanley Horton said recently on a conference call, "Because our transportation and storage revenues are continuing to face substantial market headwinds, we do not perceive these conditions changing appreciably over the next 12 to 24 months." The dividend cut caught yield chasers by surprise and they have exited the stock in droves, driving the shares down to just 80% of book value.

There are headwinds for the company, and there's a good chance it is just the first of the pipeline-and-storage MLPs to cut its payout. But the company has an ace up its sleeve in the form of the majority ownership of Loews Corp. (L), the conglomerate managed by the Tisch family. Rather than taking on more debt or issuing new shares, Boardwalk has obtained financing directly from its parent company on favorable terms and operations will not miss a beat. The Tisches are patient and intelligent investors who see the bigger picture and are unlikely to do anything rash in response to the current weakness in the business. Some have speculated they may sell the pipeline partnership, but it will be on terms favorable to themselves.

Business conditions may not be perfect, but this company has some valuable assets. It owns 14,410 miles of natural gas and liquids pipelines and underground storage caverns with an aggregate working gas capacity of approximately 201 billion cubic feet and liquids capacity of approximately 18 million barrels. Its pipelines originate in Gulf Coast region, Oklahoma and Arkansas and extend north and east to Tennessee, Kentucky, Illinois, Indiana and Ohio. Pipelines are not easy to build these days, so existing networks become all the more valuable.

Wall Street analysts usually flee from falling angels like Boardwalk, but instead they are praising Loews for taking the most financially conservative approach to dealing with the slowdown. Analysts at Morgan Stanley were quoted in a recent Barron's article:

"With a weaker outlook, the company had two choices -- moderately cut the distribution and risk funding growth capital projects -- in part -- with dilutive equity offerings (given the likelihood of a lower unit price), or very substantially reduce the quarterly distribution rate, but be able to fund the capital plan internally. Loews, as the quintessential long-term holder, chose the latter course of action, although this obviously has had a significant near term negative impact on unit price. Over the long-term, we believe that [Loews] has made the better choice, preserving maximum value."

I agree with the analysts for a change. The company has assets that are close to irreplaceable, deep-pocketed and patient majority owners and time on its side. The demand for natural gas will inevitably increase over the next decade and business conditions will eventually improve. At 80% of book value, the stock is too cheap not to own. While I am not long the stock I am looking for an entry point as I am willing to wait this stock out in my value investment portfolio side not my "Opportunistic Trading Side"
Title: Re: Active investors/Day Traders Thread
Post by: hodedofome on March 06, 2014, 06:41:48 AM
I have never dabbled in currencies. I would be interested in your approach and anything else you can share.

My approach is really simple. Look for what seems to be an extreme position and go against it, have an opinion on where the overall market is going and don't fight against this, ideally have the interest differential in your favor, don't over leverage and hold for as long as possible.

Currencies are the easiest thing to trade - you basically bet on the US dollar going up or down. The rest is sort of details that aren't that important. Leverage is extremely easy to get but this can blow your account up so go easy. I also don't see trading foreign currency as the path to riches - its more something that can make a little on the side but it is risky and not worth considering as part of your retirement plans.

I'm not a fan of technical trading strategies and clearly defined stop losses. I have read all of this stuff and I don't think it works if you follow it to the letter in reality. My FIL taught me how to trade foreign currencies and he trades massive positions, hangs on for as long as possible and prays he gets it right. The guy is a multi-millionaire from doing this and was a private equity trader after being a Treasurer at a big bank. He does have some big losses (which he tries to hang onto until he can get out and break even) but on the whole the wins outnumber the losses. He also thinks you need a regular income as well as any form of trading income to survive.

There are many ways to make money in the market. I know personally a guy that has made over 40% CAGR for over 30 years using classic price patterns and clearly defined stop losses.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 06, 2014, 06:46:58 AM
I am making the case for BWP one of this years first fallen angels. After its dividend cut it still has a 3% divy, but Boardwalk Pipeline Partners (BWP) has seen its shares absolutely blow up so far in 2014. The Master Limited Partnership's stock is down 48% this year after slashing its dividend by about 80%. An increase in production from the U.S. natural gas industry has caused prices to fall. It doesn't look like business conditions will improve anytime soon. Chief Executive Officer Stanley Horton said recently on a conference call, "Because our transportation and storage revenues are continuing to face substantial market headwinds, we do not perceive these conditions changing appreciably over the next 12 to 24 months." The dividend cut caught yield chasers by surprise and they have exited the stock in droves, driving the shares down to just 80% of book value.

There are headwinds for the company, and there's a good chance it is just the first of the pipeline-and-storage MLPs to cut its payout. But the company has an ace up its sleeve in the form of the majority ownership of Loews Corp. (L), the conglomerate managed by the Tisch family. Rather than taking on more debt or issuing new shares, Boardwalk has obtained financing directly from its parent company on favorable terms and operations will not miss a beat. The Tisches are patient and intelligent investors who see the bigger picture and are unlikely to do anything rash in response to the current weakness in the business. Some have speculated they may sell the pipeline partnership, but it will be on terms favorable to themselves.

Business conditions may not be perfect, but this company has some valuable assets. It owns 14,410 miles of natural gas and liquids pipelines and underground storage caverns with an aggregate working gas capacity of approximately 201 billion cubic feet and liquids capacity of approximately 18 million barrels. Its pipelines originate in Gulf Coast region, Oklahoma and Arkansas and extend north and east to Tennessee, Kentucky, Illinois, Indiana and Ohio. Pipelines are not easy to build these days, so existing networks become all the more valuable.

Wall Street analysts usually flee from falling angels like Boardwalk, but instead they are praising Loews for taking the most financially conservative approach to dealing with the slowdown. Analysts at Morgan Stanley were quoted in a recent Barron's article:

"With a weaker outlook, the company had two choices -- moderately cut the distribution and risk funding growth capital projects -- in part -- with dilutive equity offerings (given the likelihood of a lower unit price), or very substantially reduce the quarterly distribution rate, but be able to fund the capital plan internally. Loews, as the quintessential long-term holder, chose the latter course of action, although this obviously has had a significant near term negative impact on unit price. Over the long-term, we believe that [Loews] has made the better choice, preserving maximum value."

I agree with the analysts for a change. The company has assets that are close to irreplaceable, deep-pocketed and patient majority owners and time on its side. The demand for natural gas will inevitably increase over the next decade and business conditions will eventually improve. At 80% of book value, the stock is too cheap not to own. While I am not long the stock I am looking for an entry point as I am willing to wait this stock out in my value investment portfolio side not my "Opportunistic Trading Side"

Agreed! in my trading the only time i really don't have a stop loss in place is if On my screens I am fixed watching! Its all about what works for you and lets you sleep at night.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 06, 2014, 07:18:31 AM
 Guess though profited I got out to early on the TBT
Yields continue to rise this morning, with the yield on the 10-year U.S. note up 2 basis points.

And the ProShares UltraShort 20+ Year Treasury (TBT) climbs as well, as it embarks on a multiyear expansion (imho)

I will be nibbling/adding to shorts this morning via QQQ's and Spy's. But emphasis on Nibble as with this melt up gotta be careful. However we have  been in this nice "opportunistic" trading range and till were not its working.
Title: Re: Active investors/Day Traders Thread
Post by: wtjbatman on March 06, 2014, 07:26:45 AM
I'm not an active trader, since I do practice buy and hold (except for a couple very specific exceptions), but as part of DGI I do research and examine stocks quite a bit, so hopefully I'm welcome to post here.

Personally, I'm glad Barron's wrote their bearish article on KMI/KMP, as this let me finally initiate a very healthy position in KMI. A position which immediately gained 1%, and I believe, will be a great long term asset in my dividend portfolio. I got it near the 52 wk low, and locked myself in to a great yield on cost. It's hard to argue with a 5% yield and a projected annual dividend growth of 8%+ over the next 5 years. That's what we call the sweet spot of dividend growth investing.

Glad to have you here . In fact a few weeks back i visited your blog. I agree with your assessment/reason as well on the KMI/KMP article. I too look for accidental High Yielders that through the ups and downs will be around and pay me in the process.

That's the key on KMI/KMP. It's not even some speculative play, it's a large cap with a huge moat that will likely be around for decades. I am not an expert on MLP's like KMP, especially with their odd tax structure, but I do feel comfortable putting money into KMI as overall fundamentals are sound. The falling stock price was essentially a result of some bearish sentiment. Just makes the entry point for me that much better.

Other stocks that I feel are fundamentally sound, despite being at or near 52 wk lows, are HSBC, KO, MAT, MCD, PEP, TGT, TRP, TUP. I would initiate positions in all of them if I had the ability (money).
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 06, 2014, 07:47:00 AM
I'm not an active trader, since I do practice buy and hold (except for a couple very specific exceptions), but as part of DGI I do research and examine stocks quite a bit, so hopefully I'm welcome to post here.

Personally, I'm glad Barron's wrote their bearish article on KMI/KMP, as this let me finally initiate a very healthy position in KMI. A position which immediately gained 1%, and I believe, will be a great long term asset in my dividend portfolio. I got it near the 52 wk low, and locked myself in to a great yield on cost. It's hard to argue with a 5% yield and a projected annual dividend growth of 8%+ over the next 5 years. That's what we call the sweet spot of dividend growth investing.

Glad to have you here . In fact a few weeks back i visited your blog. I agree with your assessment/reason as well on the KMI/KMP article. I too look for accidental High Yielders that through the ups and downs will be around and pay me in the process.

That's the key on KMI/KMP. It's not even some speculative play, it's a large cap with a huge moat that will likely be around for decades. I am not an expert on MLP's like KMP, especially with their odd tax structure, but I do feel comfortable putting money into KMI as overall fundamentals are sound. The falling stock price was essentially a result of some bearish sentiment. Just makes the entry point for me that much better.

Other stocks that I feel are fundamentally sound, despite being at or near 52 wk lows, are HSBC, KO, MAT, MCD, PEP, TGT, TRP, TUP. I would initiate positions in all of them if I had the ability (money).

I own KO and MAT as well and probably will add to KO on any dip. Had a bid on PG yesterday as well that i currently own but missed out.

I initiated 1/4 positions this morning in BWP for reasons I explained and also VALE which I will circle around back to . Vale has a safe 5.5 current yield IMHO and is doing all the right things for again what i feel a sucessful turnaroud.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 06, 2014, 10:59:26 AM
Took off a little of my SQM as its run over 10% quickly and nibbling on some more NE. Thats been about it so far today.
Title: Re: Active investors/Day Traders Thread
Post by: Numbers Man on March 06, 2014, 11:37:20 AM
I'll play. I bought Chipotle (CMG) yesterday at $569. I liked the chart pattern and the same store sales increase. I think management has it's shit together. Plus their shows called farmed and dangerous which you can see on the internet crack me up. I've walk the 2 1/2 miles to Chipotle with my wife, have lunch and then walk back home.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 06, 2014, 01:56:31 PM
I'll play. I bought Chipotle (CMG) yesterday at $569. I liked the chart pattern and the same store sales increase. I think management has it's shit together. Plus their shows called farmed and dangerous which you can see on the internet crack me up. I've walk the 2 1/2 miles to Chipotle with my wife, have lunch and then walk back home.

Awesome! I started nibbling on some KMI as well today
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 06, 2014, 02:17:10 PM
Todays Recap

Initiated positions in BWP, Vale and KMI

Sold some Shares of SQM on its quick 10% ramp up to apply to new positions. Will add on pull back or let rest run.

Added shares to NE

Till tomorrow!
Title: Re: Active investors/Day Traders Thread
Post by: steveo on March 06, 2014, 02:25:50 PM
Very interesting.  If you dont mind me asking can you give me an example of a trade you might like or have right now? and do you use a particular trading platform for just currency ?

I agree with your FIL but now that I am in ER and my wife is working I look at is as my part time job :-)

I use Oanda as a trading platform. Its got great spreads (buy/sell rate). As a trade months (I just checked and I don't know the exact date) ago I sold AUD/USD at about 93. Its now 90 however it has been going up (against me) recently.

I will continue to trade when I retire however my main point would be not to rely on the income.

As for trades I like right now - I don't see a huge amount of opportunities however I don't check the market very much. If the market runs up against me significantly I might get out or wait and take another short position (sell again). Typically I just check the markets periodically and when something looks overbought or oversold I think about taking the opposite position. I don't see anything really overbought or oversold now though.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 06, 2014, 02:41:30 PM
Very interesting.  If you dont mind me asking can you give me an example of a trade you might like or have right now? and do you use a particular trading platform for just currency ?

I agree with your FIL but now that I am in ER and my wife is working I look at is as my part time job :-)

I use Oanda as a trading platform. Its got great spreads (buy/sell rate). As a trade months (I just checked and I don't know the exact date) ago I sold AUD/USD at about 93. Its now 90 however it has been going up (against me) recently.

I will continue to trade when I retire however my main point would be not to rely on the income.

As for trades I like right now - I don't see a huge amount of opportunities however I don't check the market very much. If the market runs up against me significantly I might get out or wait and take another short position (sell again). Typically I just check the markets periodically and when something looks overbought or oversold I think about taking the opposite position. I don't see anything really overbought or oversold now though.

Gotcha, thanks for responding. Let me/us know when maybe something appears interesting just so I can learn more about it. My brain is already on overload so probably wont get into it but it definately sounds interesting. I am in ER and will trade as long as I can. I find it intriguing and heck puts some extra money in the accounts! that always make mama happy! :-)
Title: Re: Active investors/Day Traders Thread
Post by: meadow lark on March 06, 2014, 03:14:22 PM
I am considering trying some active trading in the future.  It will be at least a year, as I want to be able to fully fund my 403b, then pay off all my non-mortgage debt first.  But I am hoping by next year we will be in a position I can  do this.  So, how do you not get your profit eaten up by taxes and trading fees!  And what do you think is the minimum that would have any upside?  I am wondering if I would do this with a Roth for tax reasons, since in the beginning I would be trying with pretty small amounts <$5,500 the first year.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 06, 2014, 03:55:22 PM
There are so many components to your question. Examples of what you trade and how long you hold them are taxed differently. How it affects your tax bracket. That is really a question you need to sit down with a licensed accountant and go over your questions. I would first figure out what you want to trade and the style you want to trade. Buy and Hold, Day trade, options etc.... and then Stocks, currencies , commodities. To do that I would (since you have a year) really study up on the style you want to trade and learn the discipline behind it. There are people getting rich in every style and there are people losing there as in every style. Also learn how to research the stocks, currencies or commodities you want to trade.  I have been doing this for 15+/- years that I know what i do when it comes to my numbers and accountants but couldn't give you advice on that.  There honestly are just to many moving parts. For now what I would do is go to www.marketwatch.com and www.yahoofinance.com , Bloomberg , alpha all good sources and for every case you can find a reason to buy I.E stock there will be one to not.  Figure how you want to hedge or do you want to use stops and do for a year as well with monopoly money but you have to think of it as your own money. Subscribe to as many free sources of information you can get your hands on and read as many books as you can. 5500 or less is plenty to start with. I wouldn't worry about that right now.

My trading changes with the Market and how I feel it is valued based on what I have learned over the years be it the Market as a whole, sectors or individual stocks but my discipline doesn't.
Title: Re: Active investors/Day Traders Thread
Post by: Numbers Man on March 06, 2014, 04:05:51 PM
Meadowlark - Educate yourself before you start trading. Do lots of reading and only trade with dollars what you can comfortably afford to lose if a trade goes south. I started out with $5,000 and bought 300 shares of Chase Manhattan Bank for $16 dollars a share because I liked the dividend. Needless to say, the dividend was cut and the shares went to below $10 within a couple of days of buying the stock. I eventually sold the stock at $19 after a year or so. The stock eventually hit about $100 a couple of years after that sell.

The lesson I learned was not to buy high dividend stocks without understanding the cashflow of the business. I wish I would have read that in some book.
Title: Re: Active investors/Day Traders Thread
Post by: meadow lark on March 06, 2014, 04:40:02 PM
Oh yeah, there will be no money involved until I have done A LOT more research.  And maybe I never will, but I want to at least learn some before I make that decision.
Title: Re: Active investors/Day Traders Thread
Post by: wtjbatman on March 06, 2014, 05:41:03 PM
Meadowlark - Educate yourself before you start trading. Do lots of reading and only trade with dollars what you can comfortably afford to lose if a trade goes south. I started out with $5,000 and bought 300 shares of Chase Manhattan Bank for $16 dollars a share because I liked the dividend. Needless to say, the dividend was cut and the shares went to below $10 within a couple of days of buying the stock. I eventually sold the stock at $19 after a year or so. The stock eventually hit about $100 a couple of years after that sell.

The lesson I learned was not to buy high dividend stocks without understanding the cashflow of the business. I wish I would have read that in some book.

Ouch. I think I mentioned as a buy and hold DGI I only have a couple reasons where I would sell a stock, and a company cutting their dividend or freezing their dividend are basically the only two.
Title: Re: Active investors/Day Traders Thread
Post by: MrCash on March 06, 2014, 06:21:08 PM
For my retirement I use Vanguard index funds and my company 401k.  However, I also have a small taxable account at TradeKing where I engage in personal trading.  If I were to categorize the trading style I use, I would probably call it manual algorithmic trading.  I developed a set algorithm that defines my trading pattern and I have been milking this strategy for about two and a half years now.  So far I have been able to achieve an averaged return of about 60% annually. 
Title: Re: Active investors/Day Traders Thread
Post by: Wesmon on March 06, 2014, 08:32:06 PM
Are you going to share any details of your algorithm?
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 07, 2014, 04:17:52 AM
For my retirement I use Vanguard index funds and my company 401k.  However, I also have a small taxable account at TradeKing where I engage in personal trading.  If I were to categorize the trading style I use, I would probably call it manual algorithmic trading.  I developed a set algorithm that defines my trading pattern and I have been milking this strategy for about two and a half years now.  So far I have been able to achieve an averaged return of about 60% annually.

That is not to shabby! But yea it would be interesting if you could share with us your methodology. Perhaps give us a example or whatever else your comfortable sharing. The more we all share the more we can all learn from one another both what has worked and what hasnt.

thanks
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 07, 2014, 07:40:10 AM
Selling my Shares in MDR this morning. The stock plummeted last week or so and has just got back to my cost ave basically because the market keeps going up. Having said that if the market ever goes down :-) I will consider repurchasing at a lower price. With the new management I think there is a strong case they can release the value in the company. I will use the cash for now to add to other "opportunistic trades" for now if something appears.
Title: Re: Active investors/Day Traders Thread
Post by: hodedofome on March 07, 2014, 08:19:57 AM
I guess I'll be the bad guy and say that $5000 is not enough to start trading with. At least for most people. When I was with ThinkorSwim and paying $8 one way for trades on a $10k account, I finally realized that I would have made money had it not been for the commissions. And we haven't even gotten into taxes yet. I'm now with Interactive Brokers paying $.005/share, have a $30k account and trying to trade as little as possible. If you are a 'pattern day trader' you have to have at least a $25k account. So for $5k you will be forced to trade less. Or get into currencies and micro accounts.

It took me about 1.5 years before I really understood what good trading is like. And another .5-1 year to develop that understanding into trading systems that are profitable. I read over 30 trading/investing/trading psychology books during that time. I follow probably over 50 blogs dealing with different aspects of trading. There's about 100 books on my shelf that I haven't read yet, with small kids I can only do about 1 book a month.

Here's some books to check out:
Talent is Overrated - Geoff Colvin (this will show you the effort you will need to give in order to make it as a profitable trader)
Reminisces of a Stock Operator - Edwin Lefevre (this is about Jesse Livermore the greatest trader of all time)
How to Trade in Stocks - Jesse Livermore
Market Wizards - Jack D Schwager (reading all of the Market Wizards series is essential)
Trade Your Way to Financial Freedom - Van K Tharp (Van is a trading psychology guy but goes into a lot of trading system development and position sizing) Once you really 'get' what's in this book, his other books are pretty much the same stuff. But you might need to read all his books before the light comes on.
The Disciplined Trader - Mark Douglas Everything by Mark Douglas is good. He dives really, really deep into trading psychology. Without the right mindset it doesn't matter how good your system is, you will fail.
Other trading psychology guys would be Charles Faulker, Ari Kiev, Brett Steenbarger. They are all good and have their own angle at getting to the same thing.

Once you've got the basics down, then you can go into which style of trading suits you best and learn all you can about it. If you want to know which books to read for each style, let me know. Different styles might be momentum/trend following, countertrend, classical chart patterns, value investing, special situation investing, price pattern recognition, global macro, growth, various option specific strategies, spread trading/relative value, and the most profitable of all: become a congressman and engage in legal insider trading.

I'll say that you should approach trading as the most difficult endeavor of your life. It is incredibly hard to reach the point of having the trader's mindset. Once you are there, and the current market environment is conducive to your trading style, you might marvel at how 'easy' it is to make money. But so many times before that, you concluded that it's impossible to make money from trading and everyone who claims to have made money is a liar.


Title: Re: Active investors/Day Traders Thread
Post by: MrCash on March 07, 2014, 08:58:07 AM
Are you going to share any details of your algorithm?


That is not to shabby! But yea it would be interesting if you could share with us your methodology. Perhaps give us a example or whatever else your comfortable sharing. The more we all share the more we can all learn from one another both what has worked and what hasnt.

thanks

I'm sure you'll understand that I can't really share any of the details of my strategy.  However, I can tell you about the trading philosophy with which I operate. 

Risk
First of all, you must understand the different kinds of risks involved with trading:
•   Volatility risk – Any volatility in a stock or fund will erode the potential return of that asset.  The more volatile the asset, the greater this risk becomes.
•   Bankruptcy risk – If you own stock in a company that files for bankruptcy, then you can lose all of the value of that asset.
•   Margin risk – Margin is when you borrow funds from your broker in order to trade.  If the asset that you bought using margin moves against you, then you can receive a margin call.  This means that the broker (in an attempt to preserve the money it lent you) will require you to either sell some (or all) of the stock at the current price or bring in more capital to settle with them.
•   Market risk – This is simply the risk that the market might go down when you want it to go up.
•   Liquidity risk – This is the risk that your full order might not go through because there isn’t enough activity (liquidity) currently for that asset.  This risk increases if you are trying to process very large orders or trade an asset that is not traded very often.  Limit orders can eliminate this risk.

Return
Then understand ways to increase your return:
•   Reduce costs – From commissions and other fees
•   Use leverage wisely – Consider using leveraged ETFs instead of margin
•   Increase capital – The more capital you have, the greater your gains will be.
•   Use trailing stops – This type of market order is very helpful to try to minimize buying price and maximize selling price.
•   Reinvest – Always reinvest your earnings and dividends to increase compounding. 

Your Trading Strategy
You must also develop your own trading strategy.  This is the tricky part.  In order to be successful trading, you need to come up with a profitable strategy and stick with it.  Usually this involves a good bit of trial and error.  To keep the error part of this from impacting your wallet, it is a good idea to practice your strategy without risking real money.  There are several ways to do this including paper trading or using a website that gives you a fake trading account. 

Beware of books that tell you about a strategy that someone else used to get rich.  These books are a way to make money on a strategy that has already been milked and is no longer profitable.  So this is why I suggest that everyone search for their own method and not use a method that has been devised by someone else (for trading and speculation, not investing).  When I was doing research before I started trading, I came across this advice and it was very frustrating because it seemed so vague and unpractical.  But looking back now, I definitely think it helped me tremendously.  This forces you to think creatively and actively try different strategies.  So take in advice from all sources, but create your own method.

Beware of listening to other people's stock picks (especially with penny stocks).  These are often pump and dump schemes.  If you do take advice from blogs or articles, make sure they disclose their own positions.

Your Broker and Commissions
When finding a broker, you need to take into account their reliability, costs and ease of use.  For me, the cost is the most important factor.  Typical trading commissions can range from $20 per trade to $4.75 per trade (and possibly less).  It is important to remember that the round-trip cost of a trade (buying and selling) will be twice this commission, so a $10 commission will cost $20 for a round-trip trade. 

The commission price is also very important in determining how much capital you need to start trading.  For example, if you have $500 in capital and have a broker that charges $10 in commission fees, the you will have to make $20 for each trade just to break even.  That means you will have to make a profit of $20/$500*100%=4% just to break even.  Gaining 4% on a trade is definitely doable, but this makes it very difficult to make a real profit. 

Increasing your capital to $1,000 or changing brokers to one with a $5 commission will reduce this breakeven point to 2%, which is much easier to handle.  Making both of these changes will reduce your breakeven point to 1%!  I always recommend finding a low-cost broker and using at least $1,000 to increase your chances of success.

Don't Risk Your Livelihood
Don't trade using any money that you're not willing to lose completely!  The more risk you take, the more relevant this becomes.  Don't risk any money that is needed for bills, food, rent, your children's future, etc.

Buy Low and Sell High. 
This is very simple in theory, but difficult to implement in practice.  Just remember that neither loses nor gains are realized until you sell.  Sell when you've made a profit, otherwise you haven't actually made a profit.  The buy determines a successful trade, the sell just locks it in.
Rule No. 1: Never lose money.  Rule No. 2: Never forget rule No. 1. - Warren Buffett

Don’t Be ADD
Instead of trying to pick the stock of the day, try to pick one asset to focus on.  Learn how it operates and how it behaves in different market conditions.

Be Patient
I call investing the greatest business in the world because you never have to swing. You stand at the plate, the pitcher throws you General Motors at 47! U.S. Steel at 39! and nobody calls a strike on you. There's no penalty except opportunity lost. All day you wait for the pitch you like; then when the fielders are asleep, you step up and hit it. – Warren Buffett

Don’t Use Margin
Margin increases your margin risk and your market risk.  If the market drops you not only lose value, you also could be hit with a margin call.  This will require you to either sell at a loss or add more capital that you may not have.  If you need leverage, consider using leveraged ETFs instead.

Go Long/Don’t Go Short
Shorting stocks requires the use of margin which increase both your margin risk and your market risk.  There are better ways to take advantages of bear markets.  My advice is to just be patient and only go long, but if you do want to bet against the market, then look into inverse ETFs.

Don’t Use Single Stocks/Use ETFs
Single stocks expose you to bankruptcy risk and increase your market risk.  Single stocks are like climbing a rope with only one strand.  If that strand breaks, then you fall.  Consider using ETFs, which are a collection of stocks.  If one company in the ETF goes under, it’s much less painful.

Use Trailing Stops
Trailing stops are awesome!  They can be used when buying to lock in a price while also following the stock if it moves down.  They can also be used when selling to lock in a price while following the stock if it moves up.

Hopefully this helps!
Title: Re: Active investors/Day Traders Thread
Post by: Mister Fancypants on March 07, 2014, 09:43:54 AM
Our retirement accounts are strictly an ETF index based portfolio that I have automated to trade itself when it is out of balance (professional software engineer here), so I am an active passive investor. I beat the market handily by doing this by taking advantage of the intraday inefficiencies in the market and rebalance when it is most lucrative.

My wife has a stock portfolio that she has had since before we met some of it was gifts (parents/grandparents) the rest was investments from early in her career, there is hundreds of thousands of dollars in unrealized  gains, so we leave that intact as the tax burden is too high in our current tax bracket to reallocate. Most of these stocks pay over a 2% dividend yield anyway so we really don't mind having them.

I would like to trade more actively but my employment generally limits my activity so we are resolved to more buy and hold strategies.  I did make a go at have a trading entity last year trying to trade (day trade) options that crashed and burned :(

We have also made some purchases in stocks that we like as long term investments like BRKB.  Our most recent buy and hold doesn't make me to active it is coming up on converting from short term to long term gains we bought 200 shares of TSLA @ $37.50 on 3/28/2013. 

-Mister FancyPants
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 07, 2014, 10:57:45 AM
Are you going to share any details of your algorithm?


That is not to shabby! But yea it would be interesting if you could share with us your methodology. Perhaps give us a example or whatever else your comfortable sharing. The more we all share the more we can all learn from one another both what has worked and what hasnt.

thanks

I'm sure you'll understand that I can't really share any of the details of my strategy.  However, I can tell you about the trading philosophy with which I operate. 

Risk
First of all, you must understand the different kinds of risks involved with trading:
•   Volatility risk – Any volatility in a stock or fund will erode the potential return of that asset.  The more volatile the asset, the greater this risk becomes.
•   Bankruptcy risk – If you own stock in a company that files for bankruptcy, then you can lose all of the value of that asset.
•   Margin risk – Margin is when you borrow funds from your broker in order to trade.  If the asset that you bought using margin moves against you, then you can receive a margin call.  This means that the broker (in an attempt to preserve the money it lent you) will require you to either sell some (or all) of the stock at the current price or bring in more capital to settle with them.
•   Market risk – This is simply the risk that the market might go down when you want it to go up.
•   Liquidity risk – This is the risk that your full order might not go through because there isn’t enough activity (liquidity) currently for that asset.  This risk increases if you are trying to process very large orders or trade an asset that is not traded very often.  Limit orders can eliminate this risk.

Return
Then understand ways to increase your return:
•   Reduce costs – From commissions and other fees
•   Use leverage wisely – Consider using leveraged ETFs instead of margin
•   Increase capital – The more capital you have, the greater your gains will be.
•   Use trailing stops – This type of market order is very helpful to try to minimize buying price and maximize selling price.
•   Reinvest – Always reinvest your earnings and dividends to increase compounding. 

Your Trading Strategy
You must also develop your own trading strategy.  This is the tricky part.  In order to be successful trading, you need to come up with a profitable strategy and stick with it.  Usually this involves a good bit of trial and error.  To keep the error part of this from impacting your wallet, it is a good idea to practice your strategy without risking real money.  There are several ways to do this including paper trading or using a website that gives you a fake trading account. 

Beware of books that tell you about a strategy that someone else used to get rich.  These books are a way to make money on a strategy that has already been milked and is no longer profitable.  So this is why I suggest that everyone search for their own method and not use a method that has been devised by someone else (for trading and speculation, not investing).  When I was doing research before I started trading, I came across this advice and it was very frustrating because it seemed so vague and unpractical.  But looking back now, I definitely think it helped me tremendously.  This forces you to think creatively and actively try different strategies.  So take in advice from all sources, but create your own method.

Beware of listening to other people's stock picks (especially with penny stocks).  These are often pump and dump schemes.  If you do take advice from blogs or articles, make sure they disclose their own positions.

Your Broker and Commissions
When finding a broker, you need to take into account their reliability, costs and ease of use.  For me, the cost is the most important factor.  Typical trading commissions can range from $20 per trade to $4.75 per trade (and possibly less).  It is important to remember that the round-trip cost of a trade (buying and selling) will be twice this commission, so a $10 commission will cost $20 for a round-trip trade. 

The commission price is also very important in determining how much capital you need to start trading.  For example, if you have $500 in capital and have a broker that charges $10 in commission fees, the you will have to make $20 for each trade just to break even.  That means you will have to make a profit of $20/$500*100%=4% just to break even.  Gaining 4% on a trade is definitely doable, but this makes it very difficult to make a real profit. 

Increasing your capital to $1,000 or changing brokers to one with a $5 commission will reduce this breakeven point to 2%, which is much easier to handle.  Making both of these changes will reduce your breakeven point to 1%!  I always recommend finding a low-cost broker and using at least $1,000 to increase your chances of success.

Don't Risk Your Livelihood
Don't trade using any money that you're not willing to lose completely!  The more risk you take, the more relevant this becomes.  Don't risk any money that is needed for bills, food, rent, your children's future, etc.

Buy Low and Sell High. 
This is very simple in theory, but difficult to implement in practice.  Just remember that neither loses nor gains are realized until you sell.  Sell when you've made a profit, otherwise you haven't actually made a profit.  The buy determines a successful trade, the sell just locks it in.
Rule No. 1: Never lose money.  Rule No. 2: Never forget rule No. 1. - Warren Buffett

Don’t Be ADD
Instead of trying to pick the stock of the day, try to pick one asset to focus on.  Learn how it operates and how it behaves in different market conditions.

Be Patient
I call investing the greatest business in the world because you never have to swing. You stand at the plate, the pitcher throws you General Motors at 47! U.S. Steel at 39! and nobody calls a strike on you. There's no penalty except opportunity lost. All day you wait for the pitch you like; then when the fielders are asleep, you step up and hit it. – Warren Buffett

Don’t Use Margin
Margin increases your margin risk and your market risk.  If the market drops you not only lose value, you also could be hit with a margin call.  This will require you to either sell at a loss or add more capital that you may not have.  If you need leverage, consider using leveraged ETFs instead.

Go Long/Don’t Go Short
Shorting stocks requires the use of margin which increase both your margin risk and your market risk.  There are better ways to take advantages of bear markets.  My advice is to just be patient and only go long, but if you do want to bet against the market, then look into inverse ETFs.

Don’t Use Single Stocks/Use ETFs
Single stocks expose you to bankruptcy risk and increase your market risk.  Single stocks are like climbing a rope with only one strand.  If that strand breaks, then you fall.  Consider using ETFs, which are a collection of stocks.  If one company in the ETF goes under, it’s much less painful.

Use Trailing Stops
Trailing stops are awesome!  They can be used when buying to lock in a price while also following the stock if it moves down.  They can also be used when selling to lock in a price while following the stock if it moves up.

Hopefully this helps!


Well , like me it sounds like you have a discipline you follow that is working! Good Stuff!


Our retirement accounts are strictly an ETF index based portfolio that I have automated to trade itself when it is out of balance (professional software engineer here), so I am an active passive investor. I beat the market handily by doing this by taking advantage of the intraday inefficiencies in the market and rebalance when it is most lucrative.

My wife has a stock portfolio that she has had since before we met some of it was gifts (parents/grandparents) the rest was investments from early in her career, there is hundreds of thousands of dollars in unrealized  gains, so we leave that intact as the tax burden is too high in our current tax bracket to reallocate. Most of these stocks pay over a 2% dividend yield anyway so we really don't mind having them.

I would like to trade more actively but my employment generally limits my activity so we are resolved to more buy and hold strategies.  I did make a go at have a trading entity last year trying to trade (day trade) options that crashed and burned :(

We have also made some purchases in stocks that we like as long term investments like BRKB.  Our most recent buy and hold doesn't make me to active it is coming up on converting from short term to long term gains we bought 200 shares of TSLA @ $37.50 on 3/28/2013. 

-Mister FancyPants


You gotta luv your profits in TSLA nice homerun on that one! ...Alot of press lately on accounting . I have never been in the stock but I follow a few that I know are piling in on shorting it.
Title: Re: Active investors/Day Traders Thread
Post by: MrCash on March 07, 2014, 11:34:33 AM
Our retirement accounts are strictly an ETF index based portfolio that I have automated to trade itself when it is out of balance (professional software engineer here), so I am an active passive investor. I beat the market handily by doing this by taking advantage of the intraday inefficiencies in the market and rebalance when it is most lucrative.

My wife has a stock portfolio that she has had since before we met some of it was gifts (parents/grandparents) the rest was investments from early in her career, there is hundreds of thousands of dollars in unrealized  gains, so we leave that intact as the tax burden is too high in our current tax bracket to reallocate. Most of these stocks pay over a 2% dividend yield anyway so we really don't mind having them.

I would like to trade more actively but my employment generally limits my activity so we are resolved to more buy and hold strategies.  I did make a go at have a trading entity last year trying to trade (day trade) options that crashed and burned :(

We have also made some purchases in stocks that we like as long term investments like BRKB.  Our most recent buy and hold doesn't make me to active it is coming up on converting from short term to long term gains we bought 200 shares of TSLA @ $37.50 on 3/28/2013. 

-Mister FancyPants

I would love to be able to some automated trading.  I just need to improve my software knowledge significantly before I venture there.
Title: Re: Active investors/Day Traders Thread
Post by: Mister Fancypants on March 07, 2014, 11:50:44 AM
...  Our most recent buy and hold doesn't make me to active it is coming up on converting from short term to long term gains we bought 200 shares of TSLA @ $37.50 on 3/28/2013. 

-Mister FancyPants


You gotta luv your profits in TSLA nice homerun on that one! ...Alot of press lately on accounting . I have never been in the stock but I follow a few that I know are piling in on shorting it.

We do.... however our biggest winner is IBM have had it forever cost basis of $18.83 over 1000% return not even counting the dividends which is a current yield of 2.02%
Title: Re: Active investors/Day Traders Thread
Post by: Mister Fancypants on March 07, 2014, 12:03:10 PM
Our retirement accounts are strictly an ETF index based portfolio that I have automated to trade itself when it is out of balance (professional software engineer here), so I am an active passive investor. I beat the market handily by doing this by taking advantage of the intraday inefficiencies in the market and rebalance when it is most lucrative....

-Mister FancyPants

I would love to be able to some automated trading.  I just need to improve my software knowledge significantly before I venture there.

Its much harder than it sounds, I this for a living :)
Title: Re: Active investors/Day Traders Thread
Post by: MrCash on March 07, 2014, 12:29:07 PM
Our retirement accounts are strictly an ETF index based portfolio that I have automated to trade itself when it is out of balance (professional software engineer here), so I am an active passive investor. I beat the market handily by doing this by taking advantage of the intraday inefficiencies in the market and rebalance when it is most lucrative....

-Mister FancyPants

I would love to be able to some automated trading.  I just need to improve my software knowledge significantly before I venture there.

Its much harder than it sounds, I this for a living :)

I'm sure.  I've looked into it some with my account at TradeKing.  They have an API that allows you to access your account and place trades.  I have been successful at using the API for getting quotes (using Java), but I'm still struggling a bit with the XML.  And I would have to be much more confident before I tried trading using the API.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 07, 2014, 01:09:50 PM
Calling it a day/weekend. Despite some pockets of red today that I might considering adding to or starting positions in, so far the market has ignored the job numbers on what appears some uprising again in Ukraine but who knows.  Not going to go any Longer into the weekend. Plus feel like sh*t after getting the flu last Sunday I had a day of feeling good and now have a bad bad head and chest cold. I know , I know poor me....

Have a great weekend and prosperous trading!

I do plan on doing alot of research this weekend as I feel i will be a bump on a log for most of it!
Title: Re: Active investors/Day Traders Thread
Post by: wealthviahealth on March 09, 2014, 03:53:01 PM
Anyone else very bullish on Apple and Google right now?
I think that Apple really will deliver with the iphone 6 and iwatch and that explosive growth in stock price
is inevitably if either product launch is a success.

I feel that with both Apple and Google they have so many smart/talented minds at each, in addition to a ton of cash,
and think that both have very bright futures and are not even close to peaking.

Both companies seem like prime candidates to be the first to launch a  truly ground breaking product such as a smart car, that would
leave the stock soaring.
Perhaps I am in Disney Land on this though but what do you think of future of these stocks?
 
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 10, 2014, 07:09:57 AM
Anyone else very bullish on Apple and Google right now?
I think that Apple really will deliver with the iphone 6 and iwatch and that explosive growth in stock price
is inevitably if either product launch is a success.

I feel that with both Apple and Google they have so many smart/talented minds at each, in addition to a ton of cash,
and think that both have very bright futures and are not even close to peaking.

Both companies seem like prime candidates to be the first to launch a  truly ground breaking product such as a smart car, that would
leave the stock soaring.
Perhaps I am in Disney Land on this though but what do you think of future of these stocks?



Google i have not been involved in and apple I have been trading. Buying under 520$ and selling on run ups. If the stock climbs up I will raise my buy level. For me right now I wouldn't be buying it as a long term holding only because of my thesis of being an opportunistic trader.
Title: Re: Active investors/Day Traders Thread
Post by: Vjklander on March 10, 2014, 08:37:04 AM
I am considering trying some active trading in the future.  It will be at least a year, as I want to be able to fully fund my 403b, then pay off all my non-mortgage debt first.  But I am hoping by next year we will be in a position I can  do this.  So, how do you not get your profit eaten up by taxes and trading fees!  And what do you think is the minimum that would have any upside?  I am wondering if I would do this with a Roth for tax reasons, since in the beginning I would be trying with pretty small amounts <$5,500 the first year.
You are in a good position if you have a year to plan. My recommendations:
1) Read Charles McKay's "Extraordinary Popular Delusions and the Madness of Crowds"
2) Give yourself $100,000 or so and open a shadow account on Yahoo or Google (I think Google automatically gives you dividends, which Yahoo does not- but I'm not 100% sure on that)
3) Have fun trading.

A) I don't ever do 'day trading', puts, calls or any of that fancy krappe. In fact, I demand all my accounts be cash accounts, not margin accounts, so I can't do any of that stuff.
B) I use Scottrade in RL, so charge yourself $7 for every trade.
Vjk
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 10, 2014, 09:44:06 AM
Took my 14% profit on PWE today. Staying nimble. FCX popped over 4% on divy on decline so added slightly with 25% of proceeds of PWE.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 10, 2014, 09:54:47 AM
Got knocked out of my Vale position today with my stop. Took a slight loss but thats ok. Will look to put money elsewhere.
Title: Re: Active investors/Day Traders Thread
Post by: MrCash on March 10, 2014, 10:08:02 AM
Got knocked out of my Vale position today with my stop. Took a slight loss but thats ok. Will look to put money elsewhere.

Do you use trailing stops?
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 10, 2014, 10:16:06 AM
Got knocked out of my Vale position today with my stop. Took a slight loss but thats ok. Will look to put money elsewhere.

Do you use trailing stops?


Almost always. Always on my trading stocks not so much on my value/longer term names. 
Title: Re: Active investors/Day Traders Thread
Post by: Mister Fancypants on March 10, 2014, 10:45:03 AM
Anyone else very bullish on Apple and Google right now?
I think that Apple really will deliver with the iphone 6 and iwatch and that explosive growth in stock price
is inevitably if either product launch is a success.

I feel that with both Apple and Google they have so many smart/talented minds at each, in addition to a ton of cash,
and think that both have very bright futures and are not even close to peaking.

Both companies seem like prime candidates to be the first to launch a  truly ground breaking product such as a smart car, that would
leave the stock soaring.
Perhaps I am in Disney Land on this though but what do you think of future of these stocks?

Long term holder of Apple, I bought it at about $70, I was pissed I missed the run up from $45 this was back in 2006, just the iPod days. I got my wife to buy it at $123 and always made fun of her that I had a better cost basis, she got it in around the first iPhone.

We put on 10% trailing stop losses when it was on its massive climb and topped out at just over $700 and stopped out at $625. I had 500 shares, my wife has 250. Yes that was a nice pay day :)

We bought it back at $454 only 400 shares though and still have it, Apple is sitting on tons of cash and have been doing lots of buy backs and I think there is an increased dividend coming in the near future. I would not buy more shares now though. I think they are a great company, but am waiting on something really innovative to come out of them post Steve Jobs and that has yet to happen, he was really there innovative driver and as much as he lacked in business acumen he was the cult that everyone followed.

The upcoming change in CFO's should not be a major stock mover it is being done in an orderly and expected fashion.

As for Google, they are a great technology company, but they have yet to prove they can monetize anything but search, they sell ads and that is pretty much it. As a software engineer I love them as an investor not so much, they spend a ton of money on R&D and never turn a profit from it, they buy companies and patents and still only have one line of profit.

Even the Motorola purchase and its patents is not making them money, Samsung is the big Android money maker, even Amazon does better. YouTube is awesome but was a waste of money. And sorry Google can say "don't be Evil" all they want, they are the king of ulterior motives.

-Mister FancyPants
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 10, 2014, 10:53:56 AM
Anyone else very bullish on Apple and Google right now?
I think that Apple really will deliver with the iphone 6 and iwatch and that explosive growth in stock price
is inevitably if either product launch is a success.

I feel that with both Apple and Google they have so many smart/talented minds at each, in addition to a ton of cash,
and think that both have very bright futures and are not even close to peaking.

Both companies seem like prime candidates to be the first to launch a  truly ground breaking product such as a smart car, that would
leave the stock soaring.
Perhaps I am in Disney Land on this though but what do you think of future of these stocks?

Long term holder of Apple, I bought it at about $70, I was pissed I missed the run up from $45 this was back in 2006, just the iPod days. I got my wife to buy it at $123 and always made fun of her that I had a better cost basis, she got it in around the first iPhone.

We put on 10% trailing stop losses when it was on its massive climb and topped out at just over $700 and stopped out at $625. I had 500 shares, my wife has 250. Yes that was a nice pay day :)

We bought it back at $454 only 400 shares though and still have it, Apple is sitting on tons of cash and have been doing lots of buy backs and I think there is an increased dividend coming in the near future. I would not buy more shares now though. I think they are a great company, but am waiting on something really innovative to come out of them post Steve Jobs and that has yet to happen, he was really there innovative driver and as much as he lacked in business acumen he was the cult that everyone followed.

The upcoming change in CFO's should not be a major stock mover it is being done in an orderly and expected fashion.

As for Google, they are a great technology company, but they have yet to prove they can monetize anything but search, they sell ads and that is pretty much it. As a software engineer I love them as an investor not so much, they spend a ton of money on R&D and never turn a profit from it, they buy companies and patents and still only have one line of profit.

Even the Motorola purchase and its patents is not making them money, Samsung is the big Android money maker, even Amazon does better. YouTube is awesome but was a waste of money. And sorry Google can say "don't be Evil" all they want, they are the king of ulterior motives.

-Mister FancyPants


I agree with you on Apple. A dividend increase would help them alot and some serious/concrete word on there next product.  Congrats on your profits. I would be a buyer below levels I mentioned but below 490ish would be even more aggressive. For your sake hopefully it just keeps rising.

Google as I mentioned I have never got into. I made some money on Yahoo in 2013 but never have played Google though i read alot of material on them and also agree with what you had mentioned.
Title: Re: Active investors/Day Traders Thread
Post by: wealthviahealth on March 10, 2014, 11:32:43 AM
As for Google, they are a great technology company, but they have yet to prove they can monetize anything but search, they sell ads and that is pretty much it. As a software engineer I love them as an investor not so much, they spend a ton of money on R&D and never turn a profit from it, they buy companies and patents and still only have one line of profit.



-Mister FancyPants
[/quote]

Agreed with most of your points above and good work on getting int apple back then!
As far as your point on google not monetizing anything but search, have you been fellowing the google chromebooks at all? They are selling like hotcakes and have apple and Microsoft pretty frightened by them. They are extremely sleek/ functional and some start at just $200. I am actually in the process of selling my macbook retina to "downgrade" to a used chromebook since it really can do everything I need.

This seems to be a perfect price point for these as it is not hard for most to come up with $200-300 for apple like computing experience.
Title: Re: Active investors/Day Traders Thread
Post by: KingCoin on March 10, 2014, 11:58:20 AM
Agreed with most of your points above and good work on getting int apple back then!
As far as your point on google not monetizing anything but search, have you been fellowing the google chromebooks at all? They are selling like hotcakes and have apple and Microsoft pretty frightened by them. They are extremely sleek/ functional and some start at just $200. I am actually in the process of selling my macbook retina to "downgrade" to a used chromebook since it really can do everything I need.

This seems to be a perfect price point for these as it is not hard for most to come up with $200-300 for apple like computing experience.

http://www.businessinsider.com/google-makes-no-money-on-chromebooks-2014-1

Kind of an increasingly common theme. Give the hardware/software away for free to get users on your platform and monetize in other ways.
Title: Re: Active investors/Day Traders Thread
Post by: Mister Fancypants on March 10, 2014, 11:58:52 AM
As far as your point on google not monetizing anything but search, have you been fellowing the google chromebooks at all? They are selling like hotcakes and have apple and Microsoft pretty frightened by them. They are extremely sleek/ functional and some start at just $200. I am actually in the process of selling my macbook retina to "downgrade" to a used chromebook since it really can do everything I need.

This seems to be a perfect price point for these as it is not hard for most to come up with $200-300 for apple like computing experience.

They sell plenty of products, monetizing them is about making a profit, the sell Motorala Droids but they need to recoup the purchase price.

Here is the article about Chromebooks....

http://www.businessinsider.com/google-makes-no-money-on-chromebooks-2014-1 (http://www.businessinsider.com/google-makes-no-money-on-chromebooks-2014-1)

Like I said great tech company not such a good company for an investor...
Title: Re: Active investors/Day Traders Thread
Post by: Mister Fancypants on March 10, 2014, 12:03:57 PM
Agreed with most of your points above and good work on getting int apple back then!
As far as your point on google not monetizing anything but search, have you been fellowing the google chromebooks at all? They are selling like hotcakes and have apple and Microsoft pretty frightened by them. They are extremely sleek/ functional and some start at just $200. I am actually in the process of selling my macbook retina to "downgrade" to a used chromebook since it really can do everything I need.

This seems to be a perfect price point for these as it is not hard for most to come up with $200-300 for apple like computing experience.

http://www.businessinsider.com/google-makes-no-money-on-chromebooks-2014-1

Kind of an increasingly common theme. Give the hardware/software aware for free to get users on your platform and monetize in other ways.

That is Google's rationalization everytime they make no money on every new product they have released in their history.

End of they day they have one product that generates all of there revenue, and look at any company who competes with them in any market and every other company has multiple major lines of profit.

Google just doesn't... End of story
Title: Re: Active investors/Day Traders Thread
Post by: KBecks on March 10, 2014, 12:48:26 PM
This will be an interesting thread to watch.  I am not a day-trader, but I am learning about short-term options contracts via Motley Fool Options and Pro services.  I will have a small % of portfolio for speculation but that is also meant to be held long-term, but with small cap companies / new early technologies, etc. 
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 10, 2014, 01:06:58 PM
Continue to add to KMI. Like the 5+ divy. Reinvested approximately 50% of profits took today on PWE sale.  Other than that a quiet day. See what the close brings.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 10, 2014, 01:16:06 PM
TD Ameritrades Chief Strategist  JJ Kinahan reports clients are rotating to underperforming sectors. Among those being purchased are KMP, CVX and SDRL .  The investor movement index rises to 5.74 from 5.66 in January , gaining for the fifth straight month and setting a new record for the third consecutive month (gauge is 4 years old).

long, KMI, SDRL
Title: Re: Active investors/Day Traders Thread
Post by: Mister Fancypants on March 10, 2014, 01:23:09 PM
TD Ameritrades Chief Strategist  JJ Kinahan reports clients are rotating to underperforming sectors. Among those being purchased are KMP, CVX and SDRL .  The investor movement index rises to 5.74 from 5.66 in January , gaining for the fifth straight month and setting a new record for the third consecutive month (gauge is 4 years old).

long, KMI, SDRL

I'm long CVX, been in it a year and 3 months took Citi crisis profits and put them there for the nice dividend. It has had nice growth as well.

Although C did grow faster since I sold it, technically holding Citi a little longer would have yielded a bit more profit, but long term I'm not a fan of Citi and I am of Chevron.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 10, 2014, 01:26:58 PM
TD Ameritrades Chief Strategist  JJ Kinahan reports clients are rotating to underperforming sectors. Among those being purchased are KMP, CVX and SDRL .  The investor movement index rises to 5.74 from 5.66 in January , gaining for the fifth straight month and setting a new record for the third consecutive month (gauge is 4 years old).

long, KMI, SDRL

I'm long CVX, been in it a year and 3 months took Citi crisis profits and put them there for the nice dividend. It has had nice growth as well.

Although C did grow faster since I sold it, technically holding Citi a little longer would have yielded a bit more profit, but long term I'm not a fan of Citi and I am of Chevron.

I am long COP and C. I was long BP but the stock ran so much i had to take the profits. I wouldnt hesitate to add CVX or BP back on any pullback.
Title: Re: Active investors/Day Traders Thread
Post by: KBecks on March 10, 2014, 01:40:10 PM
Soccer, are you doing this in a taxable or tax-deferred account?  Curious about your paperwork / taxes experience.   How long have you been into day trading?  How does it fit into your port overall? 

I don't have time / brains / luck to day trade, but it's always interesting to see what other people are into. 
Title: Re: Active investors/Day Traders Thread
Post by: Mister Fancypants on March 10, 2014, 01:47:01 PM
TD Ameritrades Chief Strategist  JJ Kinahan reports clients are rotating to underperforming sectors. Among those being purchased are KMP, CVX and SDRL .  The investor movement index rises to 5.74 from 5.66 in January , gaining for the fifth straight month and setting a new record for the third consecutive month (gauge is 4 years old).

long, KMI, SDRL

I'm long CVX, been in it a year and 3 months took Citi crisis profits and put them there for the nice dividend. It has had nice growth as well.

Although C did grow faster since I sold it, technically holding Citi a little longer would have yielded a bit more profit, but long term I'm not a fan of Citi and I am of Chevron.

I am long COP and C. I was long BP but the stock ran so much i had to take the profits. I wouldnt hesitate to add CVX or BP back on any pullback.

I'm actually still long C, on a different cost basis.... this one has a lot more unrealized gain built in and I'm waiting for a loss to pair it with to sell it.

We bought 1000 shares at $.97 pre reverse-split, so it’s currently worth about $4900, a nice profit on a percentage basis, but in dollars not such a big deal.

The shares we unloaded were much larger positions with less % gain but bigger dollar amounts.

We even took a loss on one tax lot the current split adjusted price would need to double for that lot to be profitable, we used that loss to offset some of the taxes on the gains of the other sales.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 10, 2014, 02:05:32 PM
TD Ameritrades Chief Strategist  JJ Kinahan reports clients are rotating to underperforming sectors. Among those being purchased are KMP, CVX and SDRL .  The investor movement index rises to 5.74 from 5.66 in January , gaining for the fifth straight month and setting a new record for the third consecutive month (gauge is 4 years old).

long, KMI, SDRL



Awesomeness!!!!

Well nothing special at the close. My day was what it was! Till tomorrow. I have a long list on my buy list but we will see if something comes into reach!
I'm long CVX, been in it a year and 3 months took Citi crisis profits and put them there for the nice dividend. It has had nice growth as well.

Although C did grow faster since I sold it, technically holding Citi a little longer would have yielded a bit more profit, but long term I'm not a fan of Citi and I am of Chevron.

I am long COP and C. I was long BP but the stock ran so much i had to take the profits. I wouldnt hesitate to add CVX or BP back on any pullback.

I'm actually still long C, on a different cost basis.... this one has a lot more unrealized gain built in and I'm waiting for a loss to pair it with to sell it.

We bought 1000 shares at $.97 pre reverse-split, so it’s currently worth about $4900, a nice profit on a percentage basis, but in dollars not such a big deal.

The shares we unloaded were much larger positions with less % gain but bigger dollar amounts.

We even took a loss on one tax lot the current split adjusted price would need to double for that lot to be profitable, we used that loss to offset some of the taxes on the gains of the other sales.
Title: Re: Active investors/Day Traders Thread
Post by: wtjbatman on March 10, 2014, 10:28:31 PM
TD Ameritrades Chief Strategist  JJ Kinahan reports clients are rotating to underperforming sectors. Among those being purchased are KMP, CVX and SDRL .  The investor movement index rises to 5.74 from 5.66 in January , gaining for the fifth straight month and setting a new record for the third consecutive month (gauge is 4 years old).

long, KMI, SDRL

Long KMI and CVX, not so sure about SDRL. Among the SA crowd, and dividend investors in general, it's a fun topic. Can SDRL sustain its dividend? Will it be able to grow the dividend? Will the dividend be cut in two years? Each new article posted seems to have a different opinion than the last.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 11, 2014, 06:53:04 AM
TD Ameritrades Chief Strategist  JJ Kinahan reports clients are rotating to underperforming sectors. Among those being purchased are KMP, CVX and SDRL .  The investor movement index rises to 5.74 from 5.66 in January , gaining for the fifth straight month and setting a new record for the third consecutive month (gauge is 4 years old).

long, KMI, SDRL

Long KMI and CVX, not so sure about SDRL. Among the SA crowd, and dividend investors in general, it's a fun topic. Can SDRL sustain its dividend? Will it be able to grow the dividend? Will the dividend be cut in two years? Each new article posted seems to have a different opinion than the last.

SDRL even if the cut the dividend by half would still be over 5.5% but as of now my research shows it to be safe HOWEVER...that is my own assesment not a recommendation.

Favorite "penny stealth stocks looking to get in" VTG and MONIF.  MONIF below 1$ or breakout of 1.35  VTG here but I will wait for little pull back.

Also looking for entry in HPT for long term portfolio as well as EPR.

HPT
Hospital Properties Trust boosted to Outperform at Wells Fargo
Analyst Jeffrey Donnelly notes five points: 1) a well-covered 7.25% dividend yield with moderate growth expected 2) nearing completion of a multi-year renovation program 3) the pace of portfolios crossing over the 1x rent coverage threshold 4) improvements in corporate governance of late 5) ability to display independence should it decide to terminate the Sonesta management contract.

Currently no position in VTG, MONIF HPT or EPR but am looking for entry points.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 11, 2014, 07:08:51 AM
Apple lovers.... Pre-market Shares are trading better perhaps on an analyst upgrade.
shares are trading better (up $3.75 a share) in premarket  on no big news.

Perhaps it's due to Pacific Crest's upgrade of the shares to Outperform with a price target of $635.

Currently out of Apple :-(
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 11, 2014, 08:50:03 AM
I am now acquiring VOD for my longer term holding. Divy is safe and to good to ignore IMNO. However not a recommendation!! Do your own homework.

Long: VOD


Also why SQM people have asked me for my favorite Ag pick.  The company has strong exposure to the Lithium market! and everyone knows what that is good for.  I also like AGU and POT but currently not holding either YET.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 11, 2014, 11:26:04 AM
Initiating a buy in GE since the are putting the Electric back into there Name GE.

Long: GE

small position and not a recommendation. Longer term holding.
Title: Re: Active investors/Day Traders Thread
Post by: Mister Fancypants on March 11, 2014, 11:33:08 AM
Initiating a buy in GE since the are putting the Electric back into there Name GE.

Long: GE

small position and not a recommendation. Longer term holding.

You like to keep buying my long term holdings...

Have had GE since the crisis... Wanted to by more when it was trading single digits but didn't pull the trigger... Lowest cost basis is $11.xx
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 11, 2014, 12:32:38 PM
Initiating a buy in GE since the are putting the Electric back into there Name GE.

Long: GE

small position and not a recommendation. Longer term holding.

You like to keep buying my long term holdings...

Have had GE since the crisis... Wanted to by more when it was trading single digits but didn't pull the trigger... Lowest cost basis is $11.xx


I remember right after the 08 crisis my son was at a camp and I was sending him into his bunkhouse where i had my laptop under the pillow. I believe i bought it at 6.80 a share? and sold it around 13 and was ecstatic. Wish i would of held on but oh well. I will have to see if i can find the numbers but it was right at the bottom.

Just re-initiated  a small position which i sold out of a few weeks ago in GM. The worry s on the re-call and overstock i believe will both be a short term overhang. So i will take advantage of today's weakness. Also added to FCX
Title: Re: Active investors/Day Traders Thread
Post by: Mister Fancypants on March 11, 2014, 12:37:13 PM
Initiating a buy in GE since the are putting the Electric back into there Name GE.

Long: GE

small position and not a recommendation. Longer term holding.

You like to keep buying my long term holdings...

Have had GE since the crisis... Wanted to by more when it was trading single digits but didn't pull the trigger... Lowest cost basis is $11.xx


I remember right after the 08 crisis my son was at a camp and I was sending him into his bunkhouse where i had my laptop under the pillow. I believe i bought it at 6.80 a share? and sold it around 13 and was ecstatic. Wish i would of held on but oh well. I will have to see if i can find the numbers but it was right at the bottom.

Just re-initiated  a small position which i sold out of a few weeks ago in GM. The worry s on the re-call and overstock i believe will both be a short term overhang. So i will take advantage of today's weakness. Also added to FCX


The lowest I was going to get GE for was $8.82 we just didn't...

Still happy with the position now
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 11, 2014, 01:04:38 PM
Initiating a buy in GE since the are putting the Electric back into there Name GE.

Long: GE

small position and not a recommendation. Longer term holding.


Maybe it was in the 8$ area i cant remember but it was cheap! Yea you gotta love your position now.

Have bids in for another nibble on both GE and GM below the current market price.

Banks getting slaughtered today!

You like to keep buying my long term holdings...

Have had GE since the crisis... Wanted to by more when it was trading single digits but didn't pull the trigger... Lowest cost basis is $11.xx


I remember right after the 08 crisis my son was at a camp and I was sending him into his bunkhouse where i had my laptop under the pillow. I believe i bought it at 6.80 a share? and sold it around 13 and was ecstatic. Wish i would of held on but oh well. I will have to see if i can find the numbers but it was right at the bottom.

Just re-initiated  a small position which i sold out of a few weeks ago in GM. The worry s on the re-call and overstock i believe will both be a short term overhang. So i will take advantage of today's weakness. Also added to FCX


The lowest I was going to get GE for was $8.82 we just didn't...

Still happy with the position now
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 11, 2014, 01:49:55 PM
Days end

Re-initiated position in GM
Starter position on GE
Starter position in VDO
Added to C
Added to FCX



Tomorrow folks!
Title: Re: Active investors/Day Traders Thread
Post by: MrCash on March 11, 2014, 02:16:09 PM
Days end

Re-initiated position in GM
Starter position on GE
Starter position in VDO
Added to C
Added to FCX



Tomorrow folks!

Do you trade for a living or is this on the side?
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 11, 2014, 02:49:39 PM
Days end

Re-initiated position in GM
Starter position on GE
Starter position in VDO
Added to C
Added to FCX



Tomorrow folks!

Do you trade for a living or is this on the side?


I am in ER...So i trade for a living in the sense that I use a percentage of my portfolio that I trade with for extra cash! I have been trading for 15+/- years.
Title: Re: Active investors/Day Traders Thread
Post by: MrCash on March 11, 2014, 03:12:46 PM
Days end

Re-initiated position in GM
Starter position on GE
Starter position in VDO
Added to C
Added to FCX



Tomorrow folks!

Do you trade for a living or is this on the side?


I am in ER...So i trade for a living in the sense that I use a percentage of my portfolio that I trade with for extra cash! I have been trading for 15+/- years.

Awesome, congrats!  What age did you retire at?  Also, what percentage do you use for trading?
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 11, 2014, 03:23:31 PM
47. It fluctuates obviously depending on the market and swings in my portfolio BUT since i do it pretty much 10 hours a day and am active on all my investments I try to keep it in the 10% range.  Like anything there are a lot of moving parts to that. One example would be if I have a stock that I want to keep building on. In addition we don't currently live off our ER $$ because we have a business we still receive $$ and autos and Health Insurance from. My wife does that 25-30 hrs a week. So we are actually still adding to our retirement. Its by her choice but I am giving her 3.5 years tops! then shes done or I will sweep business our from under her! :-)
Title: Re: Active investors/Day Traders Thread
Post by: KingCoin on March 11, 2014, 04:30:51 PM
47. It fluctuates obviously depending on the market and swings in my portfolio BUT since i do it pretty much 10 hours a day and am active on all my investments I try to keep it in the 10% range.  Like anything there are a lot of moving parts to that. One example would be if I have a stock that I want to keep building on. In addition we don't currently live off our ER $$ because we have a business we still receive $$ and autos and Health Insurance from. My wife does that 25-30 hrs a week. So we are actually still adding to our retirement. Its by her choice but I am giving her 3.5 years tops! then shes done or I will sweep business our from under her! :-)

I'm surprised you find it worth it. Even if you're adding 10% incremental return over the index, that's only 1% additional return to the whole portfolio. Slim compensation for 10 hrs a day.
Title: Re: Active investors/Day Traders Thread
Post by: wtjbatman on March 11, 2014, 06:14:37 PM
Love GE for long term dividend growth. I believe they learned their lesson from the great recession, and they are divesting themselves of part of GE Capital. Huge company, large moat, diverse, very large backlog of orders... they will likely have solid, but not spectacular, growth going forward. Should be right around the dividend growth investing sweet spot of 12%+.
Title: Re: Active investors/Day Traders Thread
Post by: wealthviahealth on March 11, 2014, 07:45:02 PM
I started most of my positions in GM when the stock was at the recent high of around 41 ish and picked up a few more in the high 30's.
I have been doing this all under a free trading for 60 day period, which has about a week left before it expires and I have to go back to
$9 trades.

I am all for the buy hold strategy but gm has been making me a bit too nervous lately and I have realized the auto industry is not a
sector I know enough about to invest intelligently in. Wondering if I should get out of these positions now over the next week before the promotion for free trades is up. Loss will not be too bad if I sell at the current price but will obviously increase if I wait till the promotion is over + the stock is starting to look even more volatile as of recently.

Main benefit to staying in for me personally would be for the new dividend but I do not yet have a large enough position that this will be all to fruitful for me. Any thoughts on what you would do under a free trade promotion/ situation like this?
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 12, 2014, 05:13:08 AM
Morning everyone. This supports a bit ,my thesis of why I am staying long GM here is BAML's research note on GM. Consistent with my take. Thinking about adding some more if we open around $35.

Unfortunate tragedy, but impact on stock likely limited
The deaths associated with the alleged faulty ignition switch on 1.6mm old GM vehicles are a human tragedy. From a financial perspective, the impact to GM is likely small, in our view. GM’s recall reserves appear more than sufficient to cover the cost of repair and potential liabilities while the sales impact will likely be negligible based on past recalls, in our view. Furthermore, although GM may choose to pay for costs associated with the alleged faulty ignition switches, the total liability may not even reside at General Motors Company, but at the former bankrupt entity though the issue may take time to resolve. Therefore, we believe the ultimate financial impact will be relatively small. Nonetheless, the headlines are depressing sentiment on the stock, and DOJ/congressional investigations are never good news, so the negative impact on the stock may linger temporarily.

Reserves are robust, repairs likely more than covered

GM reserves about $500 per vehicle wholesaled for recalls and similar costs for the lifetime of a vehicle, which in total equates to about $3bn annually. Total reserves at the end of 2013 stand at about $7.2bn. We’d estimate the cost of the repair at less than $50 per occurrence including labor, so on a base of 1.6mm vehicles the total cost of repairs would be about $80mm, well below existing reserves.

Vehicles no longer sold in US so impact on volume is limited

Historically large recalls have had a temporary impact on volumes for the vehicles impacted, which would be a risk. However, all of the vehicles being investigated in the US so far are no longer being sold including the Chevrolet Cobalt, Pontiac G5, Saturn Ion, Chevrolet HHR, Pontiac Solstice, and Saturn Sky. Furthermore, about half of the volume is from the discontinued brands of Pontiac and Saturn.

Sentiment may take time to recover

Although the basics of the recall and investigation may not have a material impact on the stock in the long run, a DOJ and congressional investigation are never good news. Until the rhetoric eases the negative pressure on the stock may persist. We believe there should be more concern about the soft start to US sales early in 2014 and elevated inventory levels, but even these risks are temporary, in our view, as sales appear poised to accelerate into the key Spring selling season.

Price objective basis & risk
General Motors Company (GM)
Our $46 price objective is based on 12x our 2014 EPS, which is at the higher end of the company's historical range but implies an EV/EBITDAP multiple of about 4.5x, which is within the company's normal range. Downside risks are: 1) A slower-than-expected global economic recovery and/or slower recovery in production volumes, 2) General consumer confidence, 3) Another wave of stress in the supply base, 4) New management team, 5) Rising raw material cost, 6) Potential overhang from continued government ownership, 7) Pricing pressure, 8) Inability to retain operating leverage as volumes recover further, 9) Inability to successfully execute future follow-on offerings or capital raises, 10) Risk of further regulation by foreign governments, 11) Higher oil and gas prices.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 12, 2014, 06:03:43 AM
I started most of my positions in GM when the stock was at the recent high of around 41 ish and picked up a few more in the high 30's.
I have been doing this all under a free trading for 60 day period, which has about a week left before it expires and I have to go back to
$9 trades.

I am all for the buy hold strategy but gm has been making me a bit too nervous lately and I have realized the auto industry is not a
sector I know enough about to invest intelligently in. Wondering if I should get out of these positions now over the next week before the promotion for free trades is up. Loss will not be too bad if I sell at the current price but will obviously increase if I wait till the promotion is over + the stock is starting to look even more volatile as of recently.

Main benefit to staying in for me personally would be for the new dividend but I do not yet have a large enough position that this will be all to fruitful for me. Any thoughts on what you would do under a free trade promotion/ situation like this?



I think the part that bothered me was when you said you invested into something your not familiar with.  Having said that we have all done that. You will find people that pretty much claim only there wins and never there loss's blah blah blah but at the end of the day you need to just right more times than your wrong. So you want to increase your odds by research and using stops etc... 

As far as your 9$ fee that is high. There are alot of trading platforms for less than that and the more money you accumulate like anything you can negotiate your fee.  I use primarily TD Ameritrade and constantly push for lower trading fees and get them.

As far as GM that is a decision obviously i can not help you make. For every bull case there is a bear case out there. I am staying long with the position and will DCA in on weakness.  Whenever i buy a stock I DCA in down and or up but also predetermine my risk based stock by stock. The other day i got knocked out of Vale and was not willing to lower my stop because Brazil stocks seem to be getting worse with all the government interference. Right now probably isnt the time However there will be a time and I will back my truck up to buy shares if they get to cheap not to own. PBR looks interesting if it gets closer to 9$ so watching that one.

Good Luck to you my friend! I hate to mention anything Cramer says because  I am not a fan but what he does say thats true is there is always a market out there!
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 12, 2014, 07:05:32 AM
Procter & Gamble is slapped with a buy sticker.
BTIG initiates Procter & Gamble (PG) with a Buy rating and a $89-per-share price target.

P&G is one of my Fav's

Long PG

Not a recommendation. Do your own research
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 12, 2014, 07:25:36 AM
JP Morgan shares same sentiment with a 52$ price Target.

So enough on GM for one day.

I will be looking to add on weakness
Title: Re: Active investors/Day Traders Thread
Post by: Mister Fancypants on March 12, 2014, 07:51:59 AM
47. It fluctuates obviously depending on the market and swings in my portfolio BUT since i do it pretty much 10 hours a day and am active on all my investments I try to keep it in the 10% range.  Like anything there are a lot of moving parts to that. One example would be if I have a stock that I want to keep building on. In addition we don't currently live off our ER $$ because we have a business we still receive $$ and autos and Health Insurance from. My wife does that 25-30 hrs a week. So we are actually still adding to our retirement. Its by her choice but I am giving her 3.5 years tops! then shes done or I will sweep business our from under her! :-)

I'm surprised you find it worth it. Even if you're adding 10% incremental return over the index, that's only 1% additional return to the whole portfolio. Slim compensation for 10 hrs a day.

I tend to agree with KingCoin you are putting in a lot of time for small percentage returns. Unless your portfolio is so massive that the dollar amount is high enough to justify the amount of time, but then why even bother with a portfolio of that size just own munis...

I would not trade 10 hours a day for 1% improved return on my portfolio.

That's just me though...
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 12, 2014, 08:08:12 AM
47. It fluctuates obviously depending on the market and swings in my portfolio BUT since i do it pretty much 10 hours a day and am active on all my investments I try to keep it in the 10% range.  Like anything there are a lot of moving parts to that. One example would be if I have a stock that I want to keep building on. In addition we don't currently live off our ER $$ because we have a business we still receive $$ and autos and Health Insurance from. My wife does that 25-30 hrs a week. So we are actually still adding to our retirement. Its by her choice but I am giving her 3.5 years tops! then shes done or I will sweep business our from under her! :-)

I'm surprised you find it worth it. Even if you're adding 10% incremental return over the index, that's only 1% additional return to the whole portfolio. Slim compensation for 10 hrs a day.

I tend to agree with KingCoin you are putting in a lot of time for small percentage returns. Unless your portfolio is so massive that the dollar amount is high enough to justify the amount of time, but then why even bother with a portfolio of that size just own munis...

I would not trade 10 hours a day for 1% improved return on my portfolio.

That's just me though...


I respect Kingcoins opinions 100% as he is a very smart/intelligent person and in other areas have take note of his advice HOWEVER, I didn't start this thread to defend myself and to your point he has no idea of A) what my portfolio is made up of and B) what percentage I make or my other motives to be trading.  As I have mentioned I have been doing this for longer than I believe half his age so I feel pretty comfortable in what I am doing. So having said that I will move on from that discussion and not address it again.

Beyond that I got knocked out of BWP for a loss this morning but several holding are showing strength thus far. PG, FCX, VOD, SO, just to name a few.

I have buy orders on several existing holdings and a few others that are getting near my initiation point.

Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 12, 2014, 11:09:12 AM
2 moves-

 Sold shares of FRD which has been trading sideways for a minuscule profit and rolling money into currently held NE
as well as bidding below the Market for some TGT.



Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 12, 2014, 12:13:12 PM
I don't eat out hardly ever but Ironically the last time it was Sbarro. I remember when i got my change thinking how restaurant prices have just kept climbing. Following more and more the MM ways I just dont see how people can justify eating out.

http://www.cnbc.com/id/101484139#_gus 
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 12, 2014, 01:49:31 PM
Todays end

Out: FRD and BWP

Initiated: TGT

Added too: PG , GM, NE

Tomorrow another day!

Concern of day! Copper and Oil falling at same time.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 13, 2014, 07:11:30 AM
Good news on 2 of my current holdings today.

First I like American Capital Realty Partners' (ARCP) decision to spin off $2.2B worth of its multi-tenant shopping centers into a separate concern, American Realty Capital Centers. The combination of the two entities should pay a combined dividend of 7.3% up from the current 7%. This move should also help American Capital Realty Partners continue to narrow the valuation discount it has to its largest competitors, Realty Income Corporation (O) and National Retail Properties (NNN).

Second on one that I just initiated General Electric (GE) makes the long awaiting IPO filing to spin off its U.S. consumer finance unit. The company continues to execute against its plan to be more of a pure play industrial concern.

Long ARCP and GE
Title: Re: Active investors/Day Traders Thread
Post by: hodedofome on March 13, 2014, 08:00:03 AM
I got stopped out of INVN all time high breakout for a small loss yesterday. It looks like it's trying again today so I may have to re-enter lol. I am also stalking FMI all time high breakout.

I generally risk .3% on general all time high breakouts. For stocks that strongly power through their all time high price on great volume I will stalk a low risk entry and risk 1% of my account on those. Note that this is my risk, it is not my position. A stock may take up 10% of my portfolio but portfolio risk is never more than 1%.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 13, 2014, 08:07:36 AM
I initiated 3 small positions this morning in

RFIL- accidentally high yielder cash rich. Stock that should let you sleep at night.

EDR nice yielder, and  GAT .


NOT RECOMMENDATIONS. DO YOUR OWN RESEARCH.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 13, 2014, 08:13:58 AM
Added to NE at my next buy level this morning. Shares now are yielding 5%. 
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 13, 2014, 08:53:08 AM
Initiated position in LFC (China Life Insurance).
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 13, 2014, 01:46:29 PM
Calling it a day. Took advantage of more weakness in the market basically on worries of China slowing and more up-rise in the Ukraine.
In either case I added 5 new positions and added to 6 current holdings.

Initiated New longs in:

EDR
INN
GPT
LFC
RFIL

(mostly high yielders good cash , sleep at night stocks)**


Added to longs in:
FCX
GE
GM
KMI
NE
SDRL


Again this represents just what I am doing and is not in anyway a suggestion or recommendation for anyone to do the same. Do your own research and be involved at your own risk! ** My opinions are simply my own based on my research.

Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 14, 2014, 07:55:57 AM
Added two positions this morning as I think for the first one 2014 divys is the play for the year so am adding

ROS w/ it 13.5% yield which is safe IMO

Secondly loading up on SLV, cyclical, secular, safety!

Again these are just my opinions, not recommendations in anyway but sharing what I am doing. Do your own research and assess your own risk.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 14, 2014, 12:50:44 PM
Rolled out of RBS today and Added a nibble of T. Thats all I am doing today so calling it a weekend. To much in the news to go any longer into the weekend. We will see what Monday brings.

CIAO!

Title: Re: Active investors/Day Traders Thread
Post by: KingCoin on March 14, 2014, 01:38:00 PM
I respect Kingcoins opinions 100% as he is a very smart/intelligent person and in other areas have take note of his advice HOWEVER, I didn't start this thread to defend myself and to your point he has no idea of A) what my portfolio is made up of and B) what percentage I make or my other motives to be trading.  As I have mentioned I have been doing this for longer than I believe half his age so I feel pretty comfortable in what I am doing. So having said that I will move on from that discussion and not address it again.

My apologies. That wasn't meant to be an attack, just a back of the envelope calculation. You're right, I don't know how much excess return you're adding. Maybe it's 50% over the index so you're making 5% incremental return (you mentioned that you only actively trade 10% of your portfolio). Maybe it's just fun, in which case I say enjoy.

I'm a trader myself so I'm not knocking active investing broadly (though I don't trade liquid equities).
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 14, 2014, 05:55:58 PM
I respect Kingcoins opinions 100% as he is a very smart/intelligent person and in other areas have take note of his advice HOWEVER, I didn't start this thread to defend myself and to your point he has no idea of A) what my portfolio is made up of and B) what percentage I make or my other motives to be trading.  As I have mentioned I have been doing this for longer than I believe half his age so I feel pretty comfortable in what I am doing. So having said that I will move on from that discussion and not address it again.

My apologies. That wasn't meant to be an attack, just a back of the envelope calculation. You're right, I don't know how much excess return you're adding. Maybe it's 50% over the index so you're making 5% incremental return (you mentioned that you only actively trade 10% of your portfolio). Maybe it's just fun, in which case I say enjoy.

I'm a trader myself so I'm not knocking active investing broadly (though I don't trade liquid equities).



Totally understood! No harm no foul! Have a good weekend!
Title: Re: Active investors/Day Traders Thread
Post by: hodedofome on March 18, 2014, 09:22:35 AM
Did not mention this here but I re-entered INVN yesterday and also bought FMI. Both were breakouts to all time highs.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 18, 2014, 09:25:08 AM
Did not mention this here but I re-entered INVN yesterday and also bought FMI. Both were breakouts to all time highs.


awesome! I have been bored the last 2 days which is okay! Havent added or sold yet. I am looking at nibbling on TZA if the uptrend continues.  But for now will just ride it back up and research.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 18, 2014, 12:16:47 PM
Sold all my shares in
MAT
MO
COP
LFC
TGT
SDRL
FCX
SO
1/2 shares in NE
GPT
GE
SQM
T
GM
C
PG

Have 11 postions long and Still am waiting to add TZA to play the shortside.

I might miss some upside/maybe alot BUT risk/reward is extended so I will bet I can buy alot back on pullbacks.
Title: Re: Active investors/Day Traders Thread
Post by: hodedofome on March 18, 2014, 01:22:27 PM
Sheesh I don't know how you can keep up with all those stocks. Actively at least.

I have 10 individual stocks but all I do is move up trailing stops from time to time. The market takes me out when the stops are triggered.

You are a man among boys to be able to actively get in and out of 10-20 stocks on a whim.

I'm guessing this market is going to be choppy most of this year so buying dips and selling rips will pay. I'm more long term so I just hold or get stopped out during these times. It's frustrating to sit through however.
Title: Re: Active investors/Day Traders Thread
Post by: MrCash on March 18, 2014, 01:52:29 PM
Made 2% today!
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 18, 2014, 02:45:01 PM
Sheesh I don't know how you can keep up with all those stocks. Actively at least.

I have 10 individual stocks but all I do is move up trailing stops from time to time. The market takes me out when the stops are triggered.

You are a man among boys to be able to actively get in and out of 10-20 stocks on a whim.

I'm guessing this market is going to be choppy most of this year so buying dips and selling rips will pay. I'm more long term so I just hold or get stopped out during these times. It's frustrating to sit through however.
Made 2% today!


Anything is a guess right now with all the news and the market run up BUT there has been a trading range and one can only suspect it will be that until it isnt. Large volume in large volume out.  This last rotation wasnt as good as the last. BUT give what the market offers.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 19, 2014, 08:10:24 AM
Direxion Daily Small Cap Bear 3x Shares  (TZA) added shares this morning.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 20, 2014, 10:25:45 AM
Sold two of my larger holdings (shares) that made me some coin. SNV and MUA. I am continuing to raise cash, I bid for more shorts today. Making my list and will be adding opportunistic positions when the market gives them to me. Got out of a few names premature the otherday but thats ok. As everyone knows you cant know the top but also don't want to be greedy. There are a few nice divy place that are under pressure that I will be looking to add if it continues and also names in beaten down sectors that in my opinion are getting to cheap to own. Most likely i wont add names ahead of the weekend however unless something really presents itself.
Title: Re: Active investors/Day Traders Thread
Post by: Numbers Man on March 20, 2014, 11:42:35 AM
Still holding Chipotle since it is acting well.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 20, 2014, 11:50:19 AM
Still holding Chipotle since it is acting well.

Run with a winner!!  congrats!


I initiated a position today in AINV. With my research I feel I will be reward long term and its almost 9.5 Divy makes it attractive risk/reward.  Do your own research this is NOT a recommendation.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 21, 2014, 07:46:14 AM
Bought  RIG this morning pre-market right at 40$. This is/has been a good support level. I am at this point looking at it as a longer term holding with its 5.5% Divy.  This sector has been hit hard so been nibbling and am long NE also at lower levels.

*** This is NOT a recommendation and is my own view point! Do your own research.
Title: Re: Active investors/Day Traders Thread
Post by: MrCash on March 21, 2014, 08:43:14 AM
Bought  RIG this morning pre-market right at 40$. This is/has been a good support level. I am at this point looking at it as a longer term holding with its 5.5% Divy.  This sector has been hit hard so been nibbling and am long NE also at lower levels.

*** This is NOT a recommendation and is my own view point! Do your own research.

What kind of average returns do you get trading?  (If you don't mind me asking)
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 21, 2014, 09:06:31 AM
Bought  RIG this morning pre-market right at 40$. This is/has been a good support level. I am at this point looking at it as a longer term holding with its 5.5% Divy.  This sector has been hit hard so been nibbling and am long NE also at lower levels.

*** This is NOT a recommendation and is my own view point! Do your own research.

What kind of average returns do you get trading?  (If you don't mind me asking)


a little over 9.28% since 2004 when i started tracking after all costs etc.. BUT have gotten better year after in compared to the indexes as I obviously had alot to learn. Last year was obviously really good and I lost alot in 2008. Going through the same amount of time again all things being equal I am sure I would do better , but then again who knows. I do it because i like it. That is the number one reason obviously other than of course making money. I just like learning about business etc... and as a business owner i find companies I want to do business with and pass on to my sales people to call on because I know i will get paid. Plus it helps to say we hold stock in your company!


I just wanted to add I wouldn't recommend to anyone to do it unless they can afford to lose the money, really have the time to do the research as I do and want to learn it and become better at it and most importantly really really enjoy doing it. If , as you know your not disciplined you will sure to lose your ass.  Plus I trade a very small portion of my overall net portfolio net worth.

I am also trying to move as i am getting older into basically just trying to build my own Index fund per sae but the trader in me keeps gnawing at me!! :-)
Title: Re: Active investors/Day Traders Thread
Post by: hodedofome on March 24, 2014, 09:00:52 AM
With the recent weakness in Biotechs I'm seeing several stops and trailing stops getting taken out. Today stopped out INVN. Friday stopped out FMI. Also stopped out AER and IRBT. I'm tightening up all my stops in the rest of my stocks to at least breakeven. I'm thinking this might be the end of the biotech 'bubble.' All the momentum stocks are getting killed. Usually when those break down the short to intermediate downtrend is real.

As far as average return on my trading, I only started trading while knowing what I was doing in 2013. The 2 years before that I had no clue what I was doing and I basically broke even. However, in a good bull year I expect to double or triple my trading account, while in a downtrend lose very little or not lose anything because all my trailing stops were hit. There's really only 3-5 good bull runs in a 10 year period.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 26, 2014, 10:39:35 AM
Market looks more and more tired.

Haven't done much of late so no reason really to post. Added to a few holdings.

I am still holding on to 3/4 of my position in TZA

I initiated a position in TBF as my short bond position

I initiated a position today in PAAS. Good miner to play silver and yields nearly 4%.

As always these are of my own opionions and are in NO WAY recommendations. Do your own research! and protect yourself!
Title: Re: Active investors/Day Traders Thread
Post by: smedleyb on March 26, 2014, 10:57:24 AM
I initiated a position in TBF as my short bond position

From a technical angle, shorting the long bond (10yr, 20yr) seems dicey.  It's the 6th time TBF has tested 30.50 in the past two months. With each test of support, another layer of demand is removed. 
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 26, 2014, 12:49:33 PM
I initiated a position in TBF as my short bond position

From a technical angle, shorting the long bond (10yr, 20yr) seems dicey.  It's the 6th time TBF has tested 30.50 in the past two months. With each test of support, another layer of demand is removed.


yeah....I cant argue that but I am going with my conviction on this. I will be at the helm daily keeping an eye on it! :-)
Title: Re: Active investors/Day Traders Thread
Post by: MrCash on March 26, 2014, 01:45:07 PM
Got back in the market today.  We'll see what the rest of this week holds!
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 26, 2014, 02:01:50 PM
Got back in the market today.  We'll see what the rest of this week holds!



I am increasing my short side!
Title: Re: Active investors/Day Traders Thread
Post by: mowgil on March 27, 2014, 12:43:30 AM
I am glad i found this Thread. For the most part I index and when I rebalance, I tend to adjust my target allocations a bit in either direction depending on my outlook on the markets. (and I tend to heed Warren Buffett's advice on the whole "be fearful when people are greedy, greedy when they are fearful" thing. But I do find the active side very interesting. I don't trade daily, but I tend to look for companies i think are undervalued and then buy and hold for an indeterminate period of time. I enjoy following financials and tend to be more comfortable with those or other blue chip companies where I can at least partially wrap my head around how the business works. I am currently long KEY, WMT, and UN.
Given the recent stress tests that a couple banks failed, I may take a closer look at their financials and see if C (Citi) is a potential option.

I am still new to this and am looking to have a stronger set of quantitative criteria to support my future decisions.
Title: Re: Active investors/Day Traders Thread
Post by: lordrtype1 on March 27, 2014, 03:42:21 AM
I see a lot of good individual stock plays, And might consider some.

Presently, I only invest in penny stocks, because I don't have much Investment capital I can directly invest (yet).  However, my research has shown one path I'm going to engage in later is options trading, and some of the methods I've investigated (on paper--I don't have 15k to get the actual positions) have never lost money.

I've only been doing it about 6 months, so I can't say I've got a solid case for the annual numbers, but it ranges from 15-25% annually so far, maybe 1% off with costs for trades and options contracts.  And while there are a lot of stocks you could trade, I prefer blue-chip stocks, since they're more consistent.  The volatile stocks could make you more, but, even on paper, I'm bad about timing with them, and I couldn't beat the blue-chip numbers.  Since I personally have health issues, I've also looked into some annuities that actually let me invest and pay for my insurance, in some very creative ways.  I don't know enough about them to comment yet, but they look very promising.

There are also a few annuities that are indexed and work like a CD/ira/index fund Combination I'm checking into, but they are more for capital RE, since they allow you to have the tax benefits and garanteed rate of return of an annuity, and the index gains of stocks.

Even with my penny stocks, I do use trailing stops, but I mostly invest in dividend stocks, so I don't really need the stops, outside of knowing how much is my money, and how much is stock appreciation/dividend reinvestment. I'm bad on picking winners, so I invest in dividend-paying stocks to limit losses (I've already had them, but volitility my stocks can range from -10% to +25% in a week), but the losses are only losses when you sell.  I usually buy when they take a nosedive, because the Dividend on this stock is pretty good (ESPECIALLY when its low!).

My 401k is invested in a target date fund (2040-it predates being here), but I also invest in an index tied to S&P 500, one tied to gold, and one tied to international large cap, a 40/20/20/20 split respectively, though most is still in the 2040 target fund (I'm still contributing, and the 2040 fund is actually doing spectacularly compared to the others (20% gain in principle, vs 5-8% on everything else), so I've chosen to allow time to rebalance the funds, as I contribute more.

Once I have more capital, and can invest more, I'll probably get a IRA (I haven't decided which), and that's going to be where the big moves will be, since it's the pot that will determine when I leave work for good.  My plan is 700k (that's always been my goal, even before I found this site), But I want more like 1.5 million, just to be safe.  I can have the larger number, if I combine the saving approach I've found here, with the investment approaches I've found elsewhere, and still be FIRE on time.

I'm paranoid about this, even though I know and understand how all of this works, and have since 4th grade.  I've even worked in insurance (lic. Life and Health, working on brokerage and securities lic. someday), but I still prefer to have WAY too much, over plenty enough.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 27, 2014, 05:52:35 AM
I am glad i found this Thread. For the most part I index and when I rebalance, I tend to adjust my target allocations a bit in either direction depending on my outlook on the markets. (and I tend to heed Warren Buffett's advice on the whole "be fearful when people are greedy, greedy when they are fearful" thing. But I do find the active side very interesting. I don't trade daily, but I tend to look for companies i think are undervalued and then buy and hold for an indeterminate period of time. I enjoy following financials and tend to be more comfortable with those or other blue chip companies where I can at least partially wrap my head around how the business works. I am currently long KEY, WMT, and UN.
Given the recent stress tests that a couple banks failed, I may take a closer look at their financials and see if C (Citi) is a potential option.

I am still new to this and am looking to have a stronger set of quantitative criteria to support my future decisions.

Key has been a great stock to own as has alot of smaller and regional banks.  Personally I like the smaller banks as big banks are buying them up one at a time to increase there deposits. Citi if you read back i made some money on when it was ramping but all large banks are looking to get slammed again here.



Thats just my opinion and I am not making any recommendations do your own homework!


Good to have you aboard!



Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 27, 2014, 05:57:44 AM
I see a lot of good individual stock plays, And might consider some.

Presently, I only invest in penny stocks, because I don't have much Investment capital I can directly invest (yet).  However, my research has shown one path I'm going to engage in later is options trading, and some of the methods I've investigated (on paper--I don't have 15k to get the actual positions) have never lost money.

I've only been doing it about 6 months, so I can't say I've got a solid case for the annual numbers, but it ranges from 15-25% annually so far, maybe 1% off with costs for trades and options contracts.  And while there are a lot of stocks you could trade, I prefer blue-chip stocks, since they're more consistent.  The volatile stocks could make you more, but, even on paper, I'm bad about timing with them, and I couldn't beat the blue-chip numbers.  Since I personally have health issues, I've also looked into some annuities that actually let me invest and pay for my insurance, in some very creative ways.  I don't know enough about them to comment yet, but they look very promising.

There are also a few annuities that are indexed and work like a CD/ira/index fund Combination I'm checking into, but they are more for capital RE, since they allow you to have the tax benefits and garanteed rate of return of an annuity, and the index gains of stocks.

Even with my penny stocks, I do use trailing stops, but I mostly invest in dividend stocks, so I don't really need the stops, outside of knowing how much is my money, and how much is stock appreciation/dividend reinvestment. I'm bad on picking winners, so I invest in dividend-paying stocks to limit losses (I've already had them, but volitility my stocks can range from -10% to +25% in a week), but the losses are only losses when you sell.  I usually buy when they take a nosedive, because the Dividend on this stock is pretty good (ESPECIALLY when its low!).

My 401k is invested in a target date fund (2040-it predates being here), but I also invest in an index tied to S&P 500, one tied to gold, and one tied to international large cap, a 40/20/20/20 split respectively, though most is still in the 2040 target fund (I'm still contributing, and the 2040 fund is actually doing spectacularly compared to the others (20% gain in principle, vs 5-8% on everything else), so I've chosen to allow time to rebalance the funds, as I contribute more.

Once I have more capital, and can invest more, I'll probably get a IRA (I haven't decided which), and that's going to be where the big moves will be, since it's the pot that will determine when I leave work for good.  My plan is 700k (that's always been my goal, even before I found this site), But I want more like 1.5 million, just to be safe.  I can have the larger number, if I combine the saving approach I've found here, with the investment approaches I've found elsewhere, and still be FIRE on time.

I'm paranoid about this, even though I know and understand how all of this works, and have since 4th grade.  I've even worked in insurance (lic. Life and Health, working on brokerage and securities lic. someday), but I still prefer to have WAY too much, over plenty enough.


Good to have you aboard. I am a self taught trader and have been doing for 15+ years. In the early years I made some mistakes but I always did use trailing stops. I only started keeping exact tract since about 2004 but feel everday i gain more knowledge and get better at it. I pretty much do full time since I am in ER and have the time. I think the most important part for me was figuring out what system worked best for me and feel i am establishing that.  Its good to have some fear to respect the markets.  Good luck to you and hope to see you around!
Title: Re: Active investors/Day Traders Thread
Post by: GoldenStache on March 27, 2014, 06:30:19 AM
Anyone else dabbling in bank options?

I picked up some MS and WFC calls about 6 months ago, today might be the day I sell out of my WFC.  I hit 120% gains on MS 2 months ago but got greedy and wanted it to get to 200%, since then it has dropped back to 20% gains. 

Chipotle will always be my nemisis.  It was one of the first stocks that I was ready to short at the time of the IPO.  I had been to eat there three times at different locations and every time the food was horrible and tasted like soap.  I thought there was no way this company would make money.  I had the short filled out but wanted to see what the first 5 minutes would bring so I waited.  The stock took off and never looked back (my short was priced in the low $30s).  I have since learned that there is a genitic trait for the taste of cilantro and most people do not think it tastes like soap.  I realized that in the grand scheme of the stock world, my opinion does not matter.

If I would have bought and held I would be sitting pretty, if I would have excuted my short, I would have lost everything and a lot more.   
Live and Learn

     
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 27, 2014, 08:01:44 AM
Not I. I prefer NWBI, CHEV, CZWI,HFBC just to name a few. Buy hold, stops, Divys on some and possible takeouts!
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 27, 2014, 09:54:52 AM
Markets bi-polar today. Despite the nice gain glad i have still 50% of my TZA. I am now putting some buys in below the market.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 27, 2014, 02:52:47 PM
None of my buy orders hit however I did add ever so slightly to my long TBF.

One stealth stock I really like is MONIF but if it hits 1.15$ if you do your research on it, you might like what you find.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on March 27, 2014, 05:49:58 PM
For the people who said you need a lot of money to start trading, I have managed to trade (although not many day trades) a $1700 IRA into $44,000 in a little over 13 years.  I even did it at Etrade with their horrendous commissions.  I use OptionsHouse now (much much cheaper).

Most trades are on stocks similar to the OP although I have had to use options to leverage my money in some cases (for example I have done call spreads on Apple when it drops below $500 and have made 40% returns on $5,000 investments).
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on March 27, 2014, 05:56:02 PM
I am a buyer of FCX if it dips below $31, sold it today for $32.60 ($700 profit on 500 shares).

I am dabbling in TC, which is a small copper/gold/moly miner with a fancy big new mine and a lot of debt.  Trading at $2.12.  If they get the mine running full capacity and copper stays near $3 I expect revenue to grow 60% by mid 2015.  If it does, the stock won't be $2.12.

Wow, TC was up 7% yesterday in the horrible market and up 11% today to near $3.  Quite the rise from when it was trading at $2.12 just a few days ago.

Probably had something to do with them reporting their fancy new mine just produced 40,000 ounces of gold and 14 million pounds of copper.  I knew this would happen.  I only bought 6000 shares though below $2...have to stay diversified and all...
Title: Re: Active investors/Day Traders Thread
Post by: Vjklander on March 27, 2014, 07:00:22 PM
My accounts all have CHD as the anchor and LNCO as the risky Divvy. then I add 1 oil stock from COP, XOM, VLO.  Then add in 1 utility - mostly POM or D. Then add I phone VZ or ATT.  Most have either WFM or WM.  Most have CAT or GE.  I have a serious love-hate relationship with GE. Once they get rid of the rest of their finance arm I will be happier.  I only invest in companies that produce something or at least produce value added. No financial stocks (except GE), no techs, I refuse to invest in or buy products from any company that got bailouts or were nationalized. Period . Never will. Ever.
Vjk
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 28, 2014, 09:10:20 AM
My accounts all have CHD as the anchor and LNCO as the risky Divvy. then I add 1 oil stock from COP, XOM, VLO.  Then add in 1 utility - mostly POM or D. Then add I phone VZ or ATT.  Most have either WFM or WM.  Most have CAT or GE.  I have a serious love-hate relationship with GE. Once they get rid of the rest of their finance arm I will be happier.  I only invest in companies that produce something or at least produce value added. No financial stocks (except GE), no techs, I refuse to invest in or buy products from any company that got bailouts or were nationalized. Period . Never will. Ever.
Vjk
I am a buyer of FCX if it dips below $31, sold it today for $32.60 ($700 profit on 500 shares).

I am dabbling in TC, which is a small copper/gold/moly miner with a fancy big new mine and a lot of debt.  Trading at $2.12.  If they get the mine running full capacity and copper stays near $3 I expect revenue to grow 60% by mid 2015.  If it does, the stock won't be $2.12.


I to am a buyer of FCX around 31$

VJK I am a holder of COP , VOD  , SO for my utitlity I would add other positions in all sectors if prices come in.


I am a buyer of AUY today and have traded around the position 4 or 5 x's in the last year or so as I have with PAAS. So I will continue to add to both. Both have DIVY for support.   Here is the link to see the obvious pattern in AUY  http://finance.yahoo.com/q/bc?s=AUY+Basic+Chart&t=1y.  If you research it you might like the management as well.

I also like the split up in BAX so am bidding below the market ....alot like what abbott labs did. IMHO this will serve well for the stock.

As always my opinions are of my own research and none of these are recommendations. Do your own research!!
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 28, 2014, 09:25:00 AM
More to report on why i keep buying ARCP besides my previous posts!

 American Realty Capital Properties (ARCP +2.2%) chairman and CEO Nicholas Schorsch yesterday purchased 50K shares of company stock at a price of $13.78 each, bringing his stake up to 3.6M shares.

Long ARCP
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 28, 2014, 09:45:44 AM
While i said my favorite stealth stock that I have been watching for awhile and will start buying at 1.20 is MONI.L/MONIF

Here is a piece by the CEO    http://player.h2glenfern.com/index.php/monitise240314?pid=38 


Do your own research , this is not a recommendation and penny stocks are even more riskier!!!!!!!!
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on March 28, 2014, 09:49:53 AM
I like watching insider purchases also.  When I saw the officers at Corning (GLW) purchasing shares at $13 to $15, I also purchased.  Today just a few month later Corning is at $20+
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 28, 2014, 10:23:39 AM
I like watching insider purchases also.  When I saw the officers at Corning (GLW) purchasing shares at $13 to $15, I also purchased.  Today just a few month later Corning is at $20+


Good company, good products. I traded it as well but got out awhile ago. They have some cool stuff on there website there coming out with. If you havent already check it out.


I am now long BAX as my bid was met! nibbling!
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 28, 2014, 11:30:45 AM
More on MONI.L/MONIF....wish my 1.20 would hit.  I will not bend!

Edison and Progressive research reports out on Monitise web site. Link below.

http://www.monitise.com/upload...

http://www.monitise.com/upload...
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 28, 2014, 01:01:31 PM
I am now the proud owner of 1/4 position of MONI.L/MONIF.....make me proud now!!  I have several other bids in below the market.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 28, 2014, 02:04:07 PM
alot of whipsawing this week BUT was better than last! Having said that if your interested do some research on BONT. I see a 1$ downside and a 5$ upside! I am all in at 10.80$ if it gets there.  Also check out the stuff I posted on MONI.L/MONIF for you riskier players!

Having said that everyone have a great weekend and a prosperous one!!!


Added a few new positions this week , AUY, PAAS , TBF, MONIF, BAX to name a few!


***None of my posts are meant in anyway to be recommendations. Do your own research!



Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on March 28, 2014, 02:19:24 PM
39% of BONT float shorted...that is either a train wreck or is going to be a glorious short squeeze.

Too risky for my blood.  I would rather buy out of the money Apple calls.
Title: Re: Active investors/Day Traders Thread
Post by: hodedofome on March 28, 2014, 02:21:22 PM
Since I am a momentum trader and momentum, and specifically the biotechs which I owned several, have gotten killed this week, I've been stopped out of every position but HZNP. So, just 1 stock left for me besides my ETFs. Could be a while before a stock sets up right for me to buy it.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 28, 2014, 02:43:20 PM
Since I am a momentum trader and momentum, and specifically the biotechs which I owned several, have gotten killed this week, I've been stopped out of every position but HZNP. So, just 1 stock left for me besides my ETFs. Could be a while before a stock sets up right for me to buy it.

I dont know if you owned it or not but take a peak at TXMD!
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 28, 2014, 02:46:02 PM
39% of BONT float shorted...that is either a train wreck or is going to be a glorious short squeeze.

Too risky for my blood.  I would rather buy out of the money Apple calls.


YEP! Bears are going to get slaughtered on this one!....................I hope! haha. But I like it! I wont go in the woods with them though unless 10.80 or below!
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on March 28, 2014, 02:54:38 PM
Since I am a momentum trader and momentum, and specifically the biotechs which I owned several, have gotten killed this week, I've been stopped out of every position but HZNP. So, just 1 stock left for me besides my ETFs. Could be a while before a stock sets up right for me to buy it.

Don't mention biotech.  I had 10,000 shares of Vanda (VNDA) when it was $4 a share.  It had over $4 a share in actual cash and a drug in the pipeline.   It spent a year going nowhere and I sold, only to see it go to $18 over the next 6 months.   One of my biggest misses.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 31, 2014, 07:19:54 AM
Another product realease From MONI.L/MONIF

http://www.monitise.com/news/press_releases?id=883


Long..MONIF
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on March 31, 2014, 07:26:24 AM
I ended up buying and selling TC (Thompson Creek) four times last week, making $0.10 to $0.25 each share per trade.  I only did this with a few thousand shares so we are talking $800 total in gains.  Still, it is nice to start the week all cash and end the week all cash and be $800 higher.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 31, 2014, 07:43:37 AM
I ended up buying and selling TC (Thompson Creek) four times last week, making $0.10 to $0.25 each share per trade.  I only did this with a few thousand shares so we are talking $800 total in gains.  Still, it is nice to start the week all cash and end the week all cash and be $800 higher.


Profit is always a good thing! :-)  I shoot for 2500$ a week. On my in and out stocks!!
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on March 31, 2014, 07:56:52 AM
I ended up buying and selling TC (Thompson Creek) four times last week, making $0.10 to $0.25 each share per trade.  I only did this with a few thousand shares so we are talking $800 total in gains.  Still, it is nice to start the week all cash and end the week all cash and be $800 higher.


Profit is always a good thing! :-)  I shoot for 2500$ a week. On my in and out stocks!!

$2500 a week, $10,000 a month would be impossible for me.  You must either take some big risks, use a lot of leverage or have a much larger trading account  :-) 

My trading account is inside a Roth IRA so I have to wait for settlement and such.   This limits the day trading aspect...more like week trading.  The four trades I did on TC was about the limit of my cash when you have to wait for settlement so you don't trigger a free ride.   It is nice though to not pay taxes or have to worry about keeping track of all of these trades when tax time comes around.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 31, 2014, 12:13:26 PM
I ended up buying and selling TC (Thompson Creek) four times last week, making $0.10 to $0.25 each share per trade.  I only did this with a few thousand shares so we are talking $800 total in gains.  Still, it is nice to start the week all cash and end the week all cash and be $800 higher.


Profit is always a good thing! :-)  I shoot for 2500$ a week. On my in and out stocks!!


$2500 a week, $10,000 a month would be impossible for me.  You must either take some big risks, use a lot of leverage or have a much larger trading account  :-) 

My trading account is inside a Roth IRA so I have to wait for settlement and such.   This limits the day trading aspect...more like week trading.  The four trades I did on TC was about the limit of my cash when you have to wait for settlement so you don't trigger a free ride.   It is nice though to not pay taxes or have to worry about keeping track of all of these trades when tax time comes around.



Yes, though a small percentage of my portfolio quite larger BUT it wasn't always that way. Like you I built it up over the years but also transfer profits out of it. I keep the same working amount of capital in account.  But I do keep tight stops unless i just dont care for some reason and I play the market in both directions. If market stays up I am sure I will short the qqq's by days end and the IWM. I also obviously dont have time to post anywhere near what i do in a day on this thread but more what some might be interested in.
Title: Re: Active investors/Day Traders Thread
Post by: smedleyb on March 31, 2014, 01:40:40 PM
If market stays up I am sure I will short the qqq's by days end and the IWM.

I want to put out some tech shorts too but with bank stocks bouncing smartly (in spite of C), I'm loathe to get short with BKX 71 and SPX 1850 comfortably below us.  Even the RUT has recaptured its 50 DMA.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on March 31, 2014, 02:01:08 PM
^ I hear ya!

I am overall net short slightly, the market/holdings after today. I also added to AUY and PAAS but very small. Taking what the market gives me.

Have a great day/Night!

Make money while sleeping everyone right! lets hope so!

Final note....KO and other soda companies are getting hammered with alot of bad press these days. Today more about how diet soda attacks the heart. This one I see could get some legs so I might be done with KO but going to see how things go a bit.

Also as a person that has bought and sold BP several times I gotta say this company is losing my respect as well. It just seems they cant go a week with out spilling oil somewhere.

Those are just two opinions that I had call it what you want.  Short time frame I have no plans in doing anything with either stock. The yields are good and I am currently only long KO as I sold my position in BP.  But getting frustrated with them. If you have something to add would love to hear it. You can throw GM in there as well which I am out of awhile ago when it was running up.

Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 01, 2014, 02:12:03 PM
Added a Nibble in ESV new positions so am holding NE, SDRL and ESV in that sector.

Other than that Watching the melt up and

Pressed my shorts! no not the ones i wear!




Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 02, 2014, 08:28:46 AM
soccerluvof4, hope you don't mind me posting in your thread even though I am not really day trading.

Today I did a little Cisco spread.   In one transaction I bought 40 contracts of Oct 2014 $21 calls and sold 40 contracts of June 2014 $23 calls for a net debit of $1.58 which is $6320 + $0 commissions (have 30 free trades left)

Potential profit is $0.42 / $1.58 = 26.5% in about 3 months or annualized profit of 156%

Max loss is of course $6320, but if Cisco is trading at/below $21 in June the October $21 calls will have increased time value due to increased volatility in the stock.  My estimate is break even if Cisco trades at $21.50 in June, which is about 6% below the current price.

Sometimes I do not hold these spreads until they are called away...I may close this one early if something happened and Cisco spiked to $24 or thereabouts.  I try not to get too greedy.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 02, 2014, 09:04:21 AM
soccerluvof4, hope you don't mind me posting in your thread even though I am not really day trading.

Today I did a little Cisco spread.   In one transaction I bought 40 contracts of Oct 2014 $21 calls and sold 40 contracts of June 2014 $23 calls for a net debit of $1.58 which is $6320 + $0 commissions (have 30 free trades left)

Potential profit is $0.42 / $1.58 = 26.5% in about 3 months or annualized profit of 156%

Max loss is of course $6320, but if Cisco is trading at/below $21 in June the October $21 calls will have increased time value due to increased volatility in the stock.  My estimate is break even if Cisco trades at $21.50 in June, which is about 6% below the current price.

Sometimes I do not hold these spreads until they are called away...I may close this one early if something happened and Cisco spiked to $24 or thereabouts.  I try not to get too greedy.


Not at all! Love the fact that gives people other ideas/options to think about! The more the merrier!!  And good luck on that contact!!!

Please keep stopping by and sharing!
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 02, 2014, 09:16:51 AM
Got back into TZA  , this trade has been working well

Nibbling back into SQU. I like it as an ag play with its exposure to Lithium. Divy not much to talk about.

Buyer of POT at $33 if it gets there after its downgrade yesterday
Title: Re: Active investors/Day Traders Thread
Post by: smedleyb on April 02, 2014, 10:17:27 AM
Rolling with Socs on the short side again, QQQ puts and a little TZA (smaller than last week).  Keeping it small, stops tight, and fingers crossed.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 02, 2014, 10:37:42 AM
If you remember the other day I mentioned one of my favorite mining stocks to trade is TC.  Today it is up 7% and someone has purchased 1800 June $3 calls (the stock currently is $2.35).   Very interesting.

I only have 4000 shares at a cost basis of $1.90 but if it breaks $3 that is good money.
Title: Re: Active investors/Day Traders Thread
Post by: smedleyb on April 02, 2014, 10:40:54 AM
If you remember the other day I mentioned one of my favorite mining stocks to trade is TC.  Today it is up 7% and someone has purchased 1800 June $3 calls (the stock currently is $2.35).   Very interesting.

I only have 4000 shares at a cost basis of $1.90 but if it breaks $3 that is good money.

Given the high short interest, could be a hedge.

In any case, nice trade!
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 02, 2014, 10:52:46 AM
Bidding for more TZA below the Market

MONIF is getting Jiggy but will keep adding if 1.15

BONT I will buy at 10.80$

TBF is working as well and I see this playing out over 2014
Title: Re: Active investors/Day Traders Thread
Post by: smedleyb on April 02, 2014, 01:11:05 PM
Nice work on TBF.  Bonds pulled backed hard past couple of days.

Covering shorts, taking my ball and going home.  With SPX sitting at all  time highs and working higher, I don't want to fight this.  For now I'll just watch from the bleachers. 

Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 02, 2014, 01:58:30 PM
I bought into SDRL today, small position (500 shares) at $35.28

I haven't owned SDRL for 4 years...we will see how this goes.  I might buy some RIG if the whole sector drops.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 02, 2014, 02:04:54 PM
I bought into SDRL today, small position (500 shares) at $35.28

I haven't owned SDRL for 4 years...we will see how this goes.  I might buy some RIG if the whole sector drops.


they might be volatile but will be fine. SDRL has like over 92% of there rigs booked for this year already and 65% already for 2015.  I also am long RIG.  Just a beat down sector so I have 4 or 5 if 3 do well I do well. But imo they should be fine but perhaps as I said volatile . I will add on weakness as well
Title: Re: Active investors/Day Traders Thread
Post by: Vjklander on April 02, 2014, 06:11:38 PM
My accounts all have CHD as the anchor and LNCO as the risky Divvy. then I add 1 oil stock from COP, XOM, VLO.  Then add in 1 utility - mostly POM or D. Then add I phone VZ or ATT.  Most have either WFM or WM.  Most have CAT or GE.  I have a serious love-hate relationship with GE. Once they get rid of the rest of their finance arm I will be happier.  I only invest in companies that produce something or at least produce value added. No financial stocks (except GE), no techs, I refuse to invest in or buy products from any company that got bailouts or were nationalized. Period . Never will. Ever.
Vjk
I am a buyer of FCX if it dips below $31, sold it today for $32.60 ($700 profit on 500 shares).

I am dabbling in TC, which is a small copper/gold/moly miner with a fancy big new mine and a lot of debt.  Trading at $2.12.  If they get the mine running full capacity and copper stays near $3 I expect revenue to grow 60% by mid 2015.  If it does, the stock won't be $2.12.


I to am a buyer of FCX around 31$

VJK I am a holder of COP , VOD  , SO for my utitlity I would add other positions in all sectors if prices come in.


I am a buyer of AUY today and have traded around the position 4 or 5 x's in the last year or so as I have with PAAS. So I will continue to add to both. Both have DIVY for support.   Here is the link to see the obvious pattern in AUY  http://finance.yahoo.com/q/bc?s=AUY+Basic+Chart&t=1y.  If you research it you might like the management as well.

I also like the split up in BAX so am bidding below the market ....alot like what abbott labs did. IMHO this will serve well for the stock.

As always my opinions are of my own research and none of these are recommendations. Do your own research!!

Those are some good choices.  I only buy US stocks anymore ... I have a few minor positions in FCX, but mostly of my gold and silver is in bullion and in my possession. Hey, its all free now :)
When Gold hit 1800, I sold enough to recoup my entire original investment - so everything I have left is gravy. very expensive gravy, but gravy nonetheless.
My MNKD hit paydirt last night, but I only bought $1500 worth as a crap shoot a few months back ...
Vjk
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 03, 2014, 07:12:47 AM
Short SPY pre-market!

I am adding to my shorts as I see fit.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 03, 2014, 08:01:25 AM
How are you doing YTD?  My account just hit 12% return, which isn't bad at all.   The SDRL purchase yesterday was a small drag but offset by Cisco going up.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 03, 2014, 08:05:29 AM
How are you doing YTD?  My account just hit 12% return, which isn't bad at all.   The SDRL purchase yesterday was a small drag but offset by Cisco going up.

Mid 11's but thats more because of my shorts right now.

Bidding on shares below the Market of both UNIS and TXMD.  Unis has dropped 35% 9 of the last 10 days because of the Biotech sell-off. This is one that was nice to trade around 4+ times last year with 60% profits. +/-. So time to get back into them both.
Title: Re: Active investors/Day Traders Thread
Post by: SnackDog on April 03, 2014, 08:23:11 AM
SDRL and RIG are at risk of 1) high labor and equipment prices causing all majors to cut back activity and 2) falling oil and gas prices due to North American output increases. 
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 03, 2014, 08:29:31 AM
SDRL and RIG are at risk of 1) high labor and equipment prices causing all majors to cut back activity and 2) falling oil and gas prices due to North American output increases.

#2 doesn't concern me as much because 1) I do not believe oil and gas prices are actually going to fall and 2) If they do fall, my mining stocks will soar because fuel prices are a major factor in mine expenses
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 03, 2014, 09:07:36 AM
soccerluvof4, hope you don't mind me posting in your thread even though I am not really day trading.

Today I did a little Cisco spread.   In one transaction I bought 40 contracts of Oct 2014 $21 calls and sold 40 contracts of June 2014 $23 calls for a net debit of $1.58 which is $6320 + $0 commissions (have 30 free trades left)

Potential profit is $0.42 / $1.58 = 26.5% in about 3 months or annualized profit of 156%

Max loss is of course $6320, but if Cisco is trading at/below $21 in June the October $21 calls will have increased time value due to increased volatility in the stock.  My estimate is break even if Cisco trades at $21.50 in June, which is about 6% below the current price.

Sometimes I do not hold these spreads until they are called away...I may close this one early if something happened and Cisco spiked to $24 or thereabouts.  I try not to get too greedy.

That was some pretty good timing.  This spread is now going for $1.72 the next day (up $560 on $6320 investment).  Much higher and I am just going to cash it out early.  10% in a week is better than 25% in 2 months.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 03, 2014, 10:47:18 AM
soccerluvof4, hope you don't mind me posting in your thread even though I am not really day trading.

Today I did a little Cisco spread.   In one transaction I bought 40 contracts of Oct 2014 $21 calls and sold 40 contracts of June 2014 $23 calls for a net debit of $1.58 which is $6320 + $0 commissions (have 30 free trades left)

Potential profit is $0.42 / $1.58 = 26.5% in about 3 months or annualized profit of 156%

Max loss is of course $6320, but if Cisco is trading at/below $21 in June the October $21 calls will have increased time value due to increased volatility in the stock.  My estimate is break even if Cisco trades at $21.50 in June, which is about 6% below the current price.

Sometimes I do not hold these spreads until they are called away...I may close this one early if something happened and Cisco spiked to $24 or thereabouts.  I try not to get too greedy.

That was some pretty good timing.  This spread is now going for $1.72 the next day (up $560 on $6320 investment).  Much higher and I am just going to cash it out early.  10% in a week is better than 25% in 2 months.

Nice work!!


Unis is running on me! shit
Got into TXMD

Taking of 1/3 TZA
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 03, 2014, 12:30:47 PM
sold remainder of TZA
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 04, 2014, 08:32:29 AM
This is definitely a market for traders not investors.

Brought in pre-market nice profit on the qqq's short.

Looking at shorting some insurers.

Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 04, 2014, 08:36:30 AM
I don't have any ideas today.   Got any symbols you are interested in for a long position?   I would prefer something like GENC of last year...it was trading at $7 and had $8.50 in cash.  Now it is trading for $10.30 (I guess still an ok value but not as great as before).

I made a few dollars off that stock and would love something similar (but not a biotech please!)
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 04, 2014, 08:52:06 AM
Not into the weekend and I am heading out of town. I have a long lists of buys. You can look back in the thread and or I will post some on Monday. But right now everything is thankfully green for a change. I did add to VOD this morning and I like ABR and AYR but not in them yet.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 04, 2014, 10:36:38 AM
Ok, I managed to fill a small option play which makes me happy.

Bought 2 contracts of Apple Jan 2015 $450 call and sold 2 contracts Apple July 2014 $530 call for a net debit of $66.

Profit = $14/$66 = 21%

Break even estimated at Apple trading for $500, which is 6% below today's price of $533.

I actually think there is a chance it will drop to the $500 range near term but went ahead and locked in this trade on a down day.
Title: Re: Active investors/Day Traders Thread
Post by: smedleyb on April 04, 2014, 12:44:10 PM
Market in full melt-down mode.  This morning I tried to reload the QQQ puts I sold the other day, but I was being entirely too cute with my buy order (underbidding all morning) and missed getting filled.  Now I feel like I suck twice!



 
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 07, 2014, 02:11:25 PM
The last 3 trading days including today was a good trade in playing my shorts! I am out of all of them but my thesis as well in shorting insurers was good as well.  I am now only net long names in the market. Will add to some on further pullback. Any dead cat bounce and I will add back to my shorts.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 07, 2014, 02:19:31 PM
The last 3 trading days including today was a good trade in playing my shorts! I am out of all of them but my thesis as well in shorting insurers was good as well.  I am now only net long names in the market. Will add to some on further pullback. Any dead cat bounce and I will add back to my shorts.

Hmmm, not sure now.  I saw weakness today in places where there should not be weakness.  I think you would be wise to stay short this market all week.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 07, 2014, 02:23:21 PM
The last 3 trading days including today was a good trade in playing my shorts! I am out of all of them but my thesis as well in shorting insurers was good as well.  I am now only net long names in the market. Will add to some on further pullback. Any dead cat bounce and I will add back to my shorts.

Hmmm, not sure now.  I saw weakness today in places where there should not be weakness.  I think you would be wise to stay short this market all week.


Normally i would agree but I dont want to get greedy in this market with the amount of $ i had in shorts. Take the money and run. This market has no memory. So I would rather miss more downside than miss my profit taking which i can use to some high divys that are coming into play
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 08, 2014, 01:38:36 PM
I went into Gilead (GILD) today at $69.50 (just 300 shares).  Their Hep C drug has a trillion dollar market and they are a 100B company.  Do the math.

I think the other drugs in their pipeline/inventory make this a worthwhile play.  Downside to maybe $50, upside is $100+ (could be fast)
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 08, 2014, 04:26:40 PM
i did nothing today except research which of course is important. Oh i did add to MONIF which i believe to be a tripler over time.  Further correction and I will hit some buy points I am sure. I also did not reinstitute any shorts as I didnt feel it was right either. Just glad overall i finished in the green today.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 09, 2014, 08:39:00 AM
adding to MONIF and shorting the QQQ's
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 09, 2014, 09:20:23 AM
With the CBOE put/call ratio going from .92 to .47 i am looking to add to my shorts.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 10, 2014, 07:35:29 AM
Independence Realty Trust (IRT), one of my favorite REITs, is initiated as a "Buy" at Wunderlich this morning. Current Div/yield 8.2%

Long IRT
Title: Re: Active investors/Day Traders Thread
Post by: hodedofome on April 11, 2014, 10:39:32 AM
With the current market weakness, as well as the killing that momentum stocks have had, I only have HZNP left and the trailing stop on that is about to get hit. I did start a fantastic short in FLDM on at $45.19 Feb 3rd and covered 1/2 at the 200 day moving average a few days ago. I'll leave the other 1/2 so see how far down she goes. It's not a large position but it's been enough to get me within a few percent of my previous high water mark. If that's all I gave up at the end of this bull market, I'm very happy with that.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 11, 2014, 10:49:30 AM
Now that mining stock TC that I mentioned on March 27 when it was trading at $2.20 is trading at $3.05 just two weeks later....in a bloody red market.

One of my better calls and plays but I think it will go to $4 before summer is over.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 11, 2014, 11:50:01 AM
Out of all shorts and doing some dip buying. Not much though. MONIF and BONT are close to buy points
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 14, 2014, 01:48:45 PM
I just did my shortest trade ever.  I normally buy and hold for weeks or months, but today I rebought some August GILD options I had sold for $7.80 and a 15% profit last week.  I got them for $5.90 today and 14 minutes later sold them for $6.50.  $600 total profit, so small beans to you guys but it does get the blood pumping.  Oh great, now I am a day trader.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 15, 2014, 11:58:16 AM
This morning I sold short Gilead August $67.50 calls for $6.30 then rebought them for $5.20.  I went long August $62.50 Gilead calls for $7.50 in one ira and sold them in another ira when they popped to 8.25. 

A lot of trading, and even though I am a bit red on my Apple spread (long Jan 450 short May 530) the Gilead trading has brought me positive for the day and 21% for the YTD.  If Apple can recover to near 530 I will be sitting pretty.  I just hope it doesn't drop below 450.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 15, 2014, 12:16:13 PM
I am just continuing to do the same plays since they continue to work.

Been adding to MONIF , BONT and few others on dips. Initiated a buy on ISH today on announcement of lowered forcast , when market goes up been shorting the qqq's, buying the TZA and been paying off well. Had trouble getting on the site for awhile. I have alot of stocks on my radar but being patient for particular entry points.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 16, 2014, 06:57:17 AM
Pre- market futures look high up on Chinese GDP of 7.4 over 7.3 but no one really believes those numbers do they? having said that Buying up here this morning requires a level of faith that I just don't have after the last 2 days. No way Jose.  I will most likely be adding to shorts.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 16, 2014, 09:41:19 AM
I sold out of Gilead.  Probably a mistake but it was up another $2000 today in my account and I remembered hogs get slaughtered and all that.'

I also closed out half of my Apple spread for a little bit of a loss.  I still think Apple is a decent play but I also thought Nokia looked pretty good at $15.

Still managed to eek out another 1% today even with the Apple loss, so 22% YTD and mostly all cash (just the remaining Apple spread and a little bit of Cisco).

I would love to get another 5% flash crash in bio to get back into Gilead but that may be wishful thinking.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 16, 2014, 02:28:27 PM
I did buy back into Gilead via August calls, but only a small position about $0.50 per call cheaper than I sold them this morning (Aug $67.50 sold at market open for $6.65, bought back near close for $6.10).

Wow Google got trounced just now.  Biotech should be ok but tech might get hit tomorrow.  Might be a good time to put that cash to work.

I would have tried to short Google but it never works out for me (neither does shorting Facebook, which seems so obvious  a short right here at $59).
Title: Re: Active investors/Day Traders Thread
Post by: thesinecure on April 16, 2014, 03:10:06 PM
I would have tried to short Google but it never works out for me (neither does shorting Facebook, which seems so obvious  a short right here at $59).

shorting is so hard right now.  i made a couple percent shorting the nasdaq last week but closed it yesterday.

i wanted to short ibm and goog into their earnings, but just didn't feel like the risk/reward was in my favor.

the 200 day averages are still underneath, ibm is around $187-188 (it's $188 after hours as i look now) and goog is like $525 (it's $540-ish after hours).

were probably good candidates for a quick scalp, will be interesting to see if those declines hold to the open tomorrow and if they are deemed company specific or infect the broader market.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 17, 2014, 11:53:08 AM
Things I did wrong on Wednesday: Exiting half of my Apple spread.  It is worth $1500 more today

Things I did right on Wednesday:  Getting back into Gilead.  Up $1200 today from yesterday.

Finger hovering over the sell button...
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 17, 2014, 02:10:39 PM
Nibbled small on TZA

Initiated a new long on SNH at 22$ good Divy and great value

Added to NE on morning Dip.

Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 17, 2014, 02:17:30 PM
I ended up selling Gilead and the rest of the Apple spread and now am pure cash, up 23.7% YTD.

There is something about seeing that empty screen and the green 23.7% number...no stocks to worry about.

I may just stay cash for the rest of the year...23.7% is a good return I would be happy with any full year.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 17, 2014, 02:36:00 PM
I ended up selling Gilead and the rest of the Apple spread and now am pure cash, up 23.7% YTD.

There is something about seeing that empty screen and the green 23.7% number...no stocks to worry about.

I may just stay cash for the rest of the year...23.7% is a good return I would be happy with any full year.



I would just keep doing what is working.  I have been doing the same thing and will continue until something changes. But the market is a great trading market right now and in addition when i find some values I added to them for the long term. But this up and down action has been great.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 17, 2014, 02:40:19 PM

I would just keep doing what is working.  I have been doing the same thing and will continue until something changes. But the market is a great trading market right now and in addition when i find some values I added to them for the long term. But this up and down action has been great.

I hear you but I am starting to get irrationally nervous that something is going to blow up in my portfolio.  This will be the 15th year in a row where my trading account has had a positive return (average annual return for the past decade has been over 28%).  I am riding on a long long long string of luck...how much longer can it last?
Title: Re: Active investors/Day Traders Thread
Post by: drewfromutah on April 19, 2014, 07:47:49 PM
Just found this thread. I swing trade mechanically for a living. The last month has been pretty incredible - definitely a perfect market environment if you're OK with flipping NASDAQ stocks in a day or two. Loving the volatility.

I reserved a bunch of shares of BIOF to short after the morning spike on Monday.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 21, 2014, 07:15:55 AM
Shorted some shares premarket of AZN on news that talks with PFE +6 this morning have stalled. Finding this will most likely not happen.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 21, 2014, 07:44:06 AM
Adding to my short of AZN
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 21, 2014, 08:35:19 AM
Adding to my short of AZN

I think you might be able to get in and out scalping a few dollars on that short but it would not be a good long term short as AZN by itself was/is a strong company with a fwd PE of less than 16.  It is not going to drop to $50 or anything so drastic, even if the buyout falls through.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 21, 2014, 08:49:22 AM
Adding to my short of AZN

I think you might be able to get in and out scalping a few dollars on that short but it would not be a good long term short as AZN by itself was/is a strong company with a fwd PE of less than 16.  It is not going to drop to $50 or anything so drastic, even if the buyout falls through.





Yea this is a tricky one!





Added ESSA long. Trading well below book, has less than 2% default rate on the books. Also has 2.6 current divy and alot of insider buying/ownership. Not to mention in the 2008 meltdown the stock didnt drop hardly. This is going in my long term portfolio for now


Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 21, 2014, 12:10:43 PM
Covered for a quick profit but nothing to write home about
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 21, 2014, 02:45:55 PM
Gilead continues to march higher.  I left a lot of money on the table by grabbing quick profits.

How much money you might ask?  About $15,000  :-(
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 22, 2014, 07:03:05 AM
Gilead continues to march higher.  I left a lot of money on the table by grabbing quick profits.

How much money you might ask?  About $15,000  :-(







No about a 1/4 of that. I couldn't get a big enough chunk.


Having said that I shorted the QQQ's this morning. Moving forward with spring finally here i will be doing alot less trading unless there is a big correction. I will be looking to add to my long portfolio like i did yesterday but only when the opportunity presents itself. And pressing shorts if market rises.

So I will probably be on here less through summer.  There are several stocks on my radar so I will post things i think are good buys as we chug along.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 22, 2014, 02:02:03 PM
More news out today on my favorite speculative long which I continue to build on. MONIF

http://seekingalpha.com/article/2154033-monitise-to-benefit-from-smartphone-growth-and-strong-backing?isDirectRoadblock=true&uprof=51
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 22, 2014, 02:52:57 PM
Gilead reported earnings of $1.48 per share vs around $0.90 expectations and revenues near 5B vs 3.9B expected.

That should make for a little pop tomorrow (up 2% AH).   I did buy back in a small amount today but not nearly enough to make up for what I sold earlier.  Should have had faith.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 23, 2014, 06:45:57 AM
More good news on my favorite spec that i think will at least be a tripler and then some.

More Monitise for Omega
APR 23, 2014 | 7:19 AM EDT
The firm has raised its holding to over 12%.
Omega Advisors raises is stake in Monitise (MONI.L/MONIF) to over 12%.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 23, 2014, 07:38:27 AM
adding more shares to my long term holding AINV on another upgrade today and almost 9% divy
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 23, 2014, 03:03:01 PM
So Apple had a pretty nice beat and announced a 7:1 stock split.

I unfortunately sold off most of my Apple spread pre-earnings but in one account I did keep 20 June $500 calls and short 20 May $530 calls.   Based on the $563 AH price I imagine the May calls will get exercised and I will close out the spread for $30 (paid $19).

I wonder how the stock split will function on that.   Will I suddenly have 140 calls and be short 140 calls.   That kind of blows as Etrade charges per call (around a buck I think).   I should probably try and close this spread before the split actually takes effect in order to save $200 on commissions.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 24, 2014, 06:51:09 AM
More News on my Spec MONIF

Goldman Sachs reiterates its Buy on Monitise (MONI.L/MONIF) late last night ("LT platform vendor benefits outweigh ST business model transition").

Below is a summary:

We reiterate our CL Buy on Monitise and believe the pull-back in the shares provides an attractive entry point. In our view, the endorsements by Visa and Mastercard pave the way in establishing Monitise as one of the potential

standard platforms in enabling mobile money (banking, payments and commerce), bringing material network effects. While we reduce estimates significantly in the short term to capture the shift in business model to the cloud, leading to higher cash burn, we believe they could prove conservative, and that investors should focus on the sizeable long-term benefits, which drive our FY18/19 EPS up 20%-30%. We see an attractive risk reward.

Catalyst

We expect strong positive news flow in coming months on new customer wins (retailers in particular) and partnership announcements, as Monitise is established as one of the leading mobile money platforms, facilitating mobile banking, payments and commerce in both DMs and EMs. The launch and go-live of MCP products/services on a country basis should also provide tangible evidence of success of the m-commerce side of the story.

Valuation

On revised estimates, our 12m blended price target is 105p (from 115p). We derive our price target by assigning a 70% weighting to our core EV/salesbased valuation of 97p/share, valuing MONI on 6.5x CY16E EV/sales based on an implied valuation from our DCF analysis and discounted to CY15 at 14%. We also incorporate a 30% weighting for our M&A valuation of 123p/share, valuing MONI at 8x CY16E EV/sales, the mid-point of the global software deal range (normalized) and discounted to CY15. We have shifted our valuation to CY16 estimates as we believe CY15 reflects an exceptional year weighed by transition costs related to business model change.

Key risks

Visa relationship, competition, management changes, customer concentration, integration/execution related to M&A.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 24, 2014, 07:51:41 AM
Very disappointed on the open. If last nights earning dont raise the market by days end what will be the next leg up? and this morning strength in Apple was that perhaps the top? one must wonder. See how today plays out. So far not liking the action
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 24, 2014, 08:52:06 AM
I managed to close out the long June $500 call short May $530 call spread for $30.20 which made me happy.  There was little point in holding until mid May just to try and skimp maybe a buck more.  Considering I paid $19 for the spread just a few weeks ago, I think a annualized return of 9000% or whatever it works out to be is quite respectable.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 24, 2014, 09:09:25 AM
For peeps that have retirement accounts look into buying NWBI and getting the 1$ special dividend. Shares are at about $14.55. Note I am not in the stock and do your own research BUT if i could trade in my retirement account I would be doing it.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 24, 2014, 09:53:21 AM
For peeps that have retirement accounts look into buying NWBI and getting the 1$ special dividend. Shares are at about $14.55. Note I am not in the stock and do your own research BUT if i could trade in my retirement account I would be doing it.

I looked at it.  I don't get it.  They are not making enough money to support a $1 dividend (even their normal dividend has a high payout ratio).  Are they planning to sell the company and so are trying to get rid of some of the cash?  If so then this could make a good play depending what the sale price will be.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 24, 2014, 02:17:09 PM
Back to all cash today in both IRAs.  I did a little day trade on Gilead when Celgene caused the bio market to tank.  Bought some $72.50 calls for $2.20 and flipped them after I took a shower and shaved for $2.93.  Not a huge trade, about $700 into the lockbox.  Still, every little bit counts.  Edged up to 21% YTD return in one account and 25% YTD in the other.

Trying to make myself stay away from the market for a bit.  It is addicting though.  I only play one side so the only way I can benefit from a falling market is by going to cash and waiting for a buying opportunity.  Soccer has a benefit of playing both long and short.
Title: Re: Active investors/Day Traders Thread
Post by: thesinecure on April 24, 2014, 02:23:07 PM
Trying to make myself stay away from the market for a bit.  It is addicting though.  I only play one side so the only way I can benefit from a falling market is by going to cash and waiting for a buying opportunity.  Soccer has a benefit of playing both long and short.
can you not buy inverse etfs?

not advocating it, especially if your mind doesn't operate well in both directions (mine doesn't, but i've been trying to train a little bit at a time)

anyway, just a thought
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 24, 2014, 02:34:28 PM
can you not buy inverse etfs?

not advocating it, especially if your mind doesn't operate well in both directions (mine doesn't, but i've been trying to train a little bit at a time)

anyway, just a thought

I guess I could.  The way I trade is I think really hard about the asset I am buying and if I would be happy holding it for long term if the market moves against me.  That is why I am able to buy chunks of Gilead when it has dips.  I wouldn't mind owning it long term if I get stuck in a broad market downturn while playing the dip.  Same thing with Apple, Seadrill, Cisco, Corning.

Something like Zygna or Twitter or even Facebook I don't want to own long term because in my vision of the world those companies don't end up making it.  I don't really want to short them though because I see as through a glass darkly.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 25, 2014, 07:50:52 AM
Bidding on F below the market here. They threw the kitchen sink into there report in what looks like clearing the table for the new ceo but the profit/sales in china were better /more profitable than all of last year.  Good entry point imho.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 25, 2014, 08:20:28 AM
In F and ave into MAT as well (like the 4% + divy)
Title: Re: Active investors/Day Traders Thread
Post by: kato on April 25, 2014, 12:36:58 PM
I have been learning about options and want to join in on the fun soon.  Any tips for where to get best advice?  Right now i hear selling calls is good option..

And I have sharebuilder.. is E trade better?  Or other broker recommended?

Up to now buying dividend stocks on dips for long term hold..  Trying to weigh buying another rental property or putting cash into playing stocks..

thanks
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 25, 2014, 12:45:55 PM
I have been learning about options and want to join in on the fun soon.  Any tips for where to get best advice?  Right now i hear selling calls is good option..

And I have sharebuilder.. is E trade better?  Or other broker recommended?

Up to now buying dividend stocks on dips for long term hold..  Trying to weigh buying another rental property or putting cash into playing stocks..

thanks

For option trading I would highly recommend OptionsHouse.  They give you 100 free trades on stocks or options when you open an account (I think with $3000).  You also can get 30 free trades or $150 for referring other people but I am not trying to do that I just use them as my trading house and love the cheap fees. 

With the 100 free trades you can get a feel for playing with covered calls or selling puts or buying calls or puts, writing spreads.  You can go tiny and diversify so you don't lose all your money because your trades are free.

You might try sticking with your dividend stocks but selling calls against them for more income and some downside protection.  Best to do all of this in a IRA though so you don't generate unqualified dividends or nasty taxes.
Title: Re: Active investors/Day Traders Thread
Post by: kato on April 25, 2014, 01:09:20 PM
Thanks Roland, I have about $30K and 7 stocks in my IRA at sharebuilder, so will try to start selling calls there to start..  Was just learning about credit spreads, iron condors, naked something or other..  suggest any of those?

But also want to buy new stocks, but that will have to be outside IRA since its maxed already.. will review tax implications before starting there..

Where is the easy button in all this to get 15% return?  I could put another down payment on 15% ROI investment property, but this takes a lot of work to landlord..trying to free up my time..
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 25, 2014, 02:27:18 PM
Thanks Roland, I have about $30K and 7 stocks in my IRA at sharebuilder, so will try to start selling calls there to start..  Was just learning about credit spreads, iron condors, naked something or other..  suggest any of those?

But also want to buy new stocks, but that will have to be outside IRA since its maxed already.. will review tax implications before starting there..

Where is the easy button in all this to get 15% return?  I could put another down payment on 15% ROI investment property, but this takes a lot of work to landlord..trying to free up my time..

Easy button?  Not sure but I made 55% on Apple in three weeks with a diagonal call spread, even cashed it out months early (gave up about 5% potential gain).  Of course you can't always count on Apple doing a 7:1 split and beating earnings :-)
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on April 30, 2014, 09:57:26 AM
Russel 2000 weak again

Long TZA

This trade keeps working so going to keep doing till it doesnt
Title: Re: Active investors/Day Traders Thread
Post by: Chuck on April 30, 2014, 02:05:07 PM
I have about 28% of my portfolio invested actively. I have positions in T and F (both bought after lousy earnings last week), MO (because sin money is yummy), CLX, KO, HD, INTC, JNJ, MCD, PG, RTN (bought during sequester- awesome move!), and WMT.

I'm one of those boring, diamond dividend buy and hold guys. Big hit at parties.
Title: Re: Active investors/Day Traders Thread
Post by: hodedofome on April 30, 2014, 02:48:56 PM
Selling puts in a dividend portfolio is not a horrible idea http://dividendmonk.com/selling-put-options/

If you want to buy a certain stock, but at a specific price below where it is now, then selling puts will give you income if the stock never gets down to your price. If it does, then you've bought the stock that you want at the price you wanted. Win-win if you know what you are doing and do it right.
Title: Re: Active investors/Day Traders Thread
Post by: tskzes on April 30, 2014, 07:48:42 PM
small fry trader here.

I have AAPL shares bought in at low 500,s my trigger finger is itching to sell but I brain tells me to hold on for more gains (and also to get the long term capital gain tax treatment). I might regret this decision because I feel that usually its best to take a profit when things are going good and buy when things are going bad but I think I will hold til at least after the split just to see what happens.

I bought into ARCP at high 13s and lower 13s. I read some good things but some bad things about this REIT (actually I first read about it in this very thread which prompted me to buy it). It's gone down to sub 13.  Do you guys think this company is company is a good investment or just bad news? Dividend is good, supposedly they have the most assets of any REIT and have just recently acquired a lot of property so I would like to believe they should become profitable and supposedly their stock will split and offshoot their shopping center assets which will further increase dividends.What do you guys think? Stick with this stock (or buy more on dips) or get out as soon as possible?
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on April 30, 2014, 08:39:35 PM
Gilead just keeps marching higher.  Today it closed above $78.

If only I had held those $65 options a couple more days, sigh.  Oh well, who needs an extra $20,000 anyway...

I do still have a Jan 2015 call spread, long $75, short $77.50 bought for $0.98.  I think they are currently worth around $1.20 but with Gilead now above the short strike and likely to blast past earnings the rest of the year I see no reason not to wait for the full $2.50 (155% return).

If they get a hit with cancer drugs like they have with HIV, and they keep making money on Hep C cure Sovaldi, I see no reason why Gilead could not become the first trillion dollar company.  At the very least they could break 500B market cap in a few years, making it a 5 bagger.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 01, 2014, 06:18:04 AM
I have about 28% of my portfolio invested actively. I have positions in T and F (both bought after lousy earnings last week), MO (because sin money is yummy), CLX, KO, HD, INTC, JNJ, MCD, PG, RTN (bought during sequester- awesome move!), and WMT.

I'm one of those boring, diamond dividend buy and hold guys. Big hit at parties.




There is nothing wrong with boring! I have a whole bunch of boring! that makes me money! passive accounts through vanguard and then my dividend portfolio full of the likes of KO, NE, SQM, ARCP, VOD, etc.....

I have my "active trading account" more to keep my hunger satisfied! and to stay in tune with whats overall going on!

Welcome to the sight! stick around!
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 01, 2014, 07:09:16 AM
The latest on MONIF....which is my spec play I beleive will be a 5 bagger and am loading up on.  But dont take or assume this in anyway a recommendation! Do your own homework!




http://www.monitisemobilefi.com/mobile-money-industry-insights-may-1-2014/ 


Long: Monif and adding!
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 01, 2014, 08:37:46 AM
MONIF is getting jiggy! up 14%.  But no...I am playing this as a 3-5 bagger and will buy on dips instead.
Title: Re: Active investors/Day Traders Thread
Post by: drewfromutah on May 01, 2014, 09:06:15 PM
Last two weeks have been super flat for a contrarian trader like myself. Hardly anything popping up on my watchlists and the ones that do pop up never get to the price I want. I shorted MACK this morning at $7 and got out at $6.80 about 30 seconds later. Other than that I'm just holding a few longs from earlier this week - hoping they pop tomorrow or Monday.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 05, 2014, 08:52:19 AM
Despite the name of the thread doing NOTHING

Have buy orders in on OCN and OAK but that is all. Nice reversal in the market
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 06, 2014, 08:35:49 AM
Monitise (LSE:MONI), a global leader in Mobile Money – banking, paying and buying with a mobile device – today announces a new partnership with First Gulf Bank to launch new mobile banking services to consumers in the Middle East.


Long favorite spec: MONIF
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on May 06, 2014, 08:46:22 AM
This week I am dabbling back with Thompson Creek Metals (TC).

They will be announcing earnings soon and have reached commercial production of a new mine in Canada at Mount Milligan.  First quarter production was 14.2 million pounds of payable copper and 39.2 thousand ounces of payable gold.  They are still in the ramp up phase during 2014 but by sometime in 2015 they should be at around 65,000 ounces of gold and 23 million pounds of copper per quarter.  The gold covers the cost of mining the copper, meaning they get most of the 90 million pounds of copper per year out of the ground for free.  $200 million in earnings for a company with a market cap of less than $500 million.   Easy math.

The stock has been up to as much as $3.25 recently but is now trading around $2.60.  I am nibbling at it but have several thousand shares locked away at $1.80 (the 2 year low).  I have been buying a few thousand shares on the dips and selling on the pops.  Long term I think it is a $7+ stock but might as well make some cash along the way.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 06, 2014, 09:24:02 AM
This week I am dabbling back with Thompson Creek Metals (TC).

They will be announcing earnings soon and have reached commercial production of a new mine in Canada at Mount Milligan.  First quarter production was 14.2 million pounds of payable copper and 39.2 thousand ounces of payable gold.  They are still in the ramp up phase during 2014 but by sometime in 2015 they should be at around 65,000 ounces of gold and 23 million pounds of copper per quarter.  The gold covers the cost of mining the copper, meaning they get most of the 90 million pounds of copper per year out of the ground for free.  $200 million in earnings for a company with a market cap of less than $500 million.   Easy math.

The stock has been up to as much as $3.25 recently but is now trading around $2.60.  I am nibbling at it but have several thousand shares locked away at $1.80 (the 2 year low).  I have been buying a few thousand shares on the dips and selling on the pops.  Long term I think it is a $7+ stock but might as well make some cash along the way.




I like TC as well. Just own to many others in the sector. Think you will do well with it.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on May 06, 2014, 09:30:53 AM
I like TC as well. Just own to many others in the sector. Think you will do well with it.

I also own 800 shares of FCX so am a bit overexposed to copper mining but at least FCX now has a oil and gas aspect.  They also pay a nice dividend.

There is little chance though that FCX will double to $70 in the next two years but a very good chance for TC to be $5.   Moly has been climbing too and is above $13 (last year it was below $10).
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 06, 2014, 09:32:54 AM
I like TC as well. Just own to many others in the sector. Think you will do well with it.

I also own 800 shares of FCX so am a bit overexposed to copper mining but at least FCX now has a oil and gas aspect.  They also pay a nice dividend.

There is little chance though that FCX will double to $70 in the next two years but a very good chance for TC to be $5.   Moly has been climbing too and is above $13 (last year it was below $10).




I am an owner of FCX in my long term holdings as well!
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 06, 2014, 09:36:30 AM
Taking my profits in TZA yet again! this market has no memory day to day so despite my feeling we will still get that correction i am playing whats been going on.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on May 06, 2014, 09:43:29 AM
Twatter is down 12%...that was an obvious short in hindsight.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 06, 2014, 10:04:55 AM
Twatter is down 12%...that was an obvious short in hindsight.



I touched on all the social media stocks in the thread about Social media being in a bubble. Twitter is in the shitter!
Title: Re: Active investors/Day Traders Thread
Post by: smedleyb on May 06, 2014, 11:38:43 AM
Twatter is down 12%...that was an obvious short in hindsight.

And it's about to be an obvious long. 
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on May 06, 2014, 11:56:42 AM
Twatter is down 12%...that was an obvious short in hindsight.

And it's about to be an obvious long.

I just went long a few shares at $32.88.  Not enough to make or lose any real money but just playing a possible bounce.
Title: Re: Active investors/Day Traders Thread
Post by: smedleyb on May 06, 2014, 12:01:09 PM
Twatter is down 12%...that was an obvious short in hindsight.

And it's about to be an obvious long.

I just went long a few shares at $32.88.  Not enough to make or lose any real money but just playing a possible bounce.

Waiting for a 2 handle before I pounce.  Maybe I get it, maybe I don't.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on May 06, 2014, 12:08:50 PM
Twatter is down 12%...that was an obvious short in hindsight.

And it's about to be an obvious long.

I just went long a few shares at $32.88.  Not enough to make or lose any real money but just playing a possible bounce.

Waiting for a 2 handle before I pounce.  Maybe I get it, maybe I don't.

I would probably add a little on a 2 handle.  I bought a ridiculously small amount of shares at 32.88 because I have 65 free trades to use up before August and am just dinking around.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 06, 2014, 12:10:56 PM
Sold TZA too early but never regret a profit!
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 06, 2014, 12:12:20 PM
Bidding for MOS below the Market. Good outlook!
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on May 06, 2014, 06:16:57 PM
I added to my TC holdings near the close at $2.57 because it is just ridiculously cheap and has been overlooked by the analysts.  The price of molybdenum oxide has climbed from under $10 a pound to over $13 a pound in the past two months.  All of the analysts have modeled TC on $10 moly, $3 copper, $1200 gold.  We now have $13+ moly, $3 copper and $1300 gold

TC will mine 28 million pounds of moly in 2014, meaning over $80,000,000 more dollars will flow to the bottom line than expected.  Couple that with a faster ramp up of the Mount Milligan gold and copper mine and you have the makings of a killer stock price spike.

I will post back after May 13 CC but I expect the stock will open 15% to 30% higher on May 14.  My guess would be $3.25 a share which is a decent move from the current $2.57.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 07, 2014, 05:07:54 AM
Shorting YAHOO on ALibabas Ipo. I dont believe the IPO will be sucessfull as 75% of Ipos have failed thus far. Here is why I thought yesterday was a good idea to short Yahoo.

Holding companies (which Yahoo! is) trade at a discount to net asset value.
You have to take into account tax liability, which few are (on stock sales and shares of Alibaba not sold).
Yahoo!'s core business is stagnating.
Yahoo! has not proven to be a good capital allocator.
Title: Re: Active investors/Day Traders Thread
Post by: smedleyb on May 07, 2014, 08:16:23 AM
Just bought first small tranche of TWTR at 30.16.  Hello falling knife. 
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 07, 2014, 08:22:26 AM
Taking profits from Yahoo and put more $ to work in INN. Hotel prices are getting nuts and this bolds well for this operator as well as it has a nice divy which i mentioned before of 4.90%. Support seems to be around 9$
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on May 07, 2014, 09:02:05 AM
Just bought first small tranche of TWTR at 30.16.  Hello falling knife.

It isn't getting the buyers I thought it might.   Maybe later today or tomorrow it will bounce.
Title: Re: Active investors/Day Traders Thread
Post by: smedleyb on May 07, 2014, 09:36:58 AM
Just bought first small tranche of TWTR at 30.16.  Hello falling knife.

It isn't getting the buyers I thought it might.   Maybe later today or tomorrow it will bounce.

I'm pairing the trade against a small SPY short position (SDS).  Way too volatile to risk large amounts, IMO.
Title: Re: Active investors/Day Traders Thread
Post by: smedleyb on May 07, 2014, 11:29:01 AM
TWTR feels like it want to break $30.  Will that (a move to $27-29)  be the final flush?
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on May 07, 2014, 01:51:50 PM
TWTR feels like it want to break $30.  Will that (a move to $27-29)  be the final flush?

I got out with a $70 loss.   It just didn't have the bouncy feel I wanted after a 20% drop.

Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 07, 2014, 02:50:57 PM
27/30 loading the truck on OCN

Any bounce in TSLA makes for a good short in my view
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on May 07, 2014, 03:26:25 PM
27/30 loading the truck on OCN

Any bounce in TSLA makes for a good short in my view

Bounce?  It is tanking after the earnings...
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 08, 2014, 04:54:30 AM
Thats why i said if it bounces.....meaning after it tanks! lol. Buoyed only by currency gains.
It was another poor-quality earnings report from Tesla (TSLA) with a $6.7 million currency gain buoying results. Much like last quarter's warranty reversal, the company would have missed earnings relative to consensus.

Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 08, 2014, 05:00:56 AM
ROG....u posted about MONIF on Bubble thread! Having said that, MONIF is my super spec play and I will add on any weakness strong support at 80 i would back truck up!  If i am right , which I think i am . This stock over the next 3 years will be a 5 bagger. I dont care about it trading 12xs right now.  I say ACCUMULATE! .  :-)   

Actually i don't recommended any stocks and when it comes to spec stocks particularly there is more risk!! Do your own homework your money just my thoughts!

Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 08, 2014, 05:17:42 AM
The news on New homes is dismal lately if you ask me and might be time to looking at shorting names like Beazer Homes (BZH) is the most leveraged of the homebuilders, so it is at the top of the list. The debt-to-equity ratio is over 6, and the company does not earn the interest due on its debt right now. Beazer serves the first-time and first-move-up buyer, and that's the weakest part of the market right now. This segment will not improve until we see more full-time, better-paying jobs created. At 2.2x book value, the stock is not cheap at this level either. or The situation is similar at KB Home (KBH). The stock is not very cheap, as it trades at 2.4x book value, and the debt-to-equity ratio is 2.4. KB Home had a solid profit last quarter, but it was the result of huge price increases in Western markets while unit sales actually declined a bit in the region.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 08, 2014, 08:10:23 AM
This product will be rolling out http://www.finextra.com/news/fullstory.aspx?NewsItemID=25958 with a huge push from Telefoncia (another one of MOIF customers).

What I think people are missing is the network effect that gets created if they can get mobile commerce going. That is transformative for the company -- not just new revenue but massively reinforces barriers to entry, increases ARPU and creates a truly unique offering.

Getting retailers on board gets more banks/telcos which improves retailer economics for offers. So the retailer wins and successful Telefonica deployment become really critical.

We go from being a cost reducing mobile banking platform to a true revenue generating platform with geometrically improving margins.

Not sure how much people are focused on this -- everyone knows mobile payments/commerce is next step but not sure people understand how much it changes revenue model.

If this is a successful roll out by Telefonica, et al., Monitise's sales and profits will be far stronger than anyone believes at the current time.

Long and adding to MONIF
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 09, 2014, 04:58:48 AM
Yesterday...Thursday I felt i didn't own any or the right stocks! :-)  There are days like that.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 09, 2014, 08:01:31 AM
Nibbling on some ISH. Already owning shares now is a good time to add in my view with yield now over 4%. The stock was oversold by my view at 26 an change and believe its finding its bottom here. ISH has so many advantages with the Jones act and all so will remain in my long term portfolio. Not to mention the stock trades if my memory serves me right around 60% to book .  But in being  becareful with my view of the overall market,  my buys are smaller than normal
Title: Re: Active investors/Day Traders Thread
Post by: hodedofome on May 09, 2014, 08:10:24 AM
Haven't been active lately, tried a short on HZNP a few days ago with too tight a stop and was stopped out yesterday. Most likely I won't try another short, as this market is not conducive to my method and I'm really just playing around on these shorts. Still have 1/2 my FLDM short on, probably won't cover till the mid to low $20s.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on May 12, 2014, 07:42:35 AM
I added to my TC holdings near the close at $2.57 because it is just ridiculously cheap and has been overlooked by the analysts.  The price of molybdenum oxide has climbed from under $10 a pound to over $13 a pound in the past two months.  All of the analysts have modeled TC on $10 moly, $3 copper, $1200 gold.  We now have $13+ moly, $3 copper and $1300 gold

TC will mine 28 million pounds of moly in 2014, meaning over $80,000,000 more dollars will flow to the bottom line than expected.  Couple that with a faster ramp up of the Mount Milligan gold and copper mine and you have the makings of a killer stock price spike.

I will post back after May 13 CC but I expect the stock will open 15% to 30% higher on May 14.  My guess would be $3.25 a share which is a decent move from the current $2.57.

TC has exploded up today 7%.  Molybdenum broke through $14 a pound which puts millions more directly into profits at TC.  Moly was trading at under $10 a pound a few months ago so this is like gold going from $1000 to $1400 in a couple of months.

I sold off a little bit today at $2.82 but am still very heavy in TC.  It has pushed my YTD market return to over 34%.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 12, 2014, 07:49:23 AM
I added to my TC holdings near the close at $2.57 because it is just ridiculously cheap and has been overlooked by the analysts.  The price of molybdenum oxide has climbed from under $10 a pound to over $13 a pound in the past two months.  All of the analysts have modeled TC on $10 moly, $3 copper, $1200 gold.  We now have $13+ moly, $3 copper and $1300 gold

TC will mine 28 million pounds of moly in 2014, meaning over $80,000,000 more dollars will flow to the bottom line than expected.  Couple that with a faster ramp up of the Mount Milligan gold and copper mine and you have the makings of a killer stock price spike.

I will post back after May 13 CC but I expect the stock will open 15% to 30% higher on May 14.  My guess would be $3.25 a share which is a decent move from the current $2.57.

TC has exploded up today 7%.  Molybdenum broke through $14 a pound which puts millions more directly into profits at TC.  Moly was trading at under $10 a pound a few months ago so this is like gold going from $1000 to $1400 in a couple of months.

I sold off a little bit today at $2.82 but am still very heavy in TC.  It has pushed my YTD market return to over 34%.



Nice!!
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 12, 2014, 09:06:32 AM
Buy a half position of TZA for the umpteenth time. Why? why not!
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 12, 2014, 09:19:42 AM
Small short on the QQQ's
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on May 12, 2014, 10:00:06 AM
Buy a half position of TZA for the umpteenth time. Why? why not!

Did you buy below $17?
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 12, 2014, 10:02:05 AM
16.83
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on May 12, 2014, 01:36:26 PM
Thompson Creek (TC) now up to $2.86 (9.5%) before the earnings release after hours today.  The important thing will be the CC tomorrow at 10am.

I just unloaded a few more thousand shares at $2.86 to lock in some gains but am holding 12000 through earnings.  Those have the lowest cost basis (under $2 a share).  Of course all of this is in my Roth IRA so who cares.

Normally I would have held all 20,000 shares but I tend to take some profits even if I don't get the top price.   A very good chance TC will be $3+ tomorrow and I will have missed out on $1,500 or so from the shares I sold early.  Dems the breaks.
Title: Re: Active investors/Day Traders Thread
Post by: diesel15 on May 12, 2014, 02:27:33 PM
Newbie to the thread and board.  Really interesting stuff guys.  Thanks for sharing.

Just a quick intro about my trading style.  I'm somewhere between a day trader and a buy and hold investor.  I'm not a frequent trader but my holds last anywhere from a few hours to years depending on the opportunity presented. 

Anyway, I noticed the mention of SDRL and VTG in the thread and was interested in hearing any thoughts on PACD.  To me PACD is the most attractive company in the sector with the age of their fleet, avg. dayrates, and lower rig operating costs.  PACD rigs are also the only rigs capable of handling dual gradient drilling so they have a significant market edge here.  I'm long both SDRL and PACD myself.  VTG has too much debt for my liking at the moment.  Curious to hear anyone else's thoughts on PACD?
Title: Re: Active investors/Day Traders Thread
Post by: smedleyb on May 12, 2014, 02:36:45 PM
Stopped out of SDS position this morning for loss vs. TWTR long which I plan to hold for now. 
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on May 12, 2014, 03:53:57 PM
Interesting Thompson Creek Metals (TC) accidentally released a fact sheet that had the earnings numbers.  A few of us found this on the website but I didn't have an account that could trade after hours.  The rest of the market found out a few minutes later and shares are up to $2.96 from a close of $2.82 on the $0.10 beat.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 13, 2014, 04:17:59 AM
Interesting Thompson Creek Metals (TC) accidentally released a fact sheet that had the earnings numbers.  A few of us found this on the website but I didn't have an account that could trade after hours.  The rest of the market found out a few minutes later and shares are up to $2.96 from a close of $2.82 on the $0.10 beat.
Newbie to the thread and board.  Really interesting stuff guys.  Thanks for sharing.

Just a quick intro about my trading style.  I'm somewhere between a day trader and a buy and hold investor.  I'm not a frequent trader but my holds last anywhere from a few hours to years depending on the opportunity presented. 

Anyway, I noticed the mention of SDRL and VTG in the thread and was interested in hearing any thoughts on PACD.  To me PACD is the most attractive company in the sector with the age of their fleet, avg. dayrates, and lower rig operating costs.  PACD rigs are also the only rigs capable of handling dual gradient drilling so they have a significant market edge here.  I'm long both SDRL and PACD myself.  VTG has too much debt for my liking at the moment.  Curious to hear anyone else's thoughts on PACD?




Making $ ROG !! Nice Job

Diesel welcome to the thread. Not familiar with PACD. My Trading style is similar to yours.
In the energy sector i have been in and out of names like SDRL and RIG but currently long and staying in names like NE, ESV, KMI, granted not all the same but I am overweight energy currently.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 14, 2014, 07:30:05 AM
Below is a summary of the recent Barclays report on Monitise:

Monitise

The route to scale, strategy evolving

As with all hyperconnected business models, the relevancy is based on the amount of connections (i.e. users). In addition, the information-using industries such as retail banks will have to change their distribution model, and mobile offers this opportunity. The strategic change Monitise announced in March should accommodate this and reduce the technical and financial adoption burden by moving to a more standardised architecture and usage-based pricing model. Its success will now simply come down to its ability to ramp users, and this has made the valuation of this stock more difficult.

In this note we show a valuation range of 74-154p and we reinstate our Price Target at 75p and our rating at Overweight.

Clear target in place...

Following the raise MONI is targeting 200m users at an average ARPU of £2.50 by 2018. In addition, it targets an 80% user generated mix and 30% EBITDA margin which suggests a pro-forma EBITDA of £200m and EPS of 7.8p....

but that is easy part...

Our market analysis supports MONI's goals and it suggests 10% global share in 2018.

However to achieve this ambitious user number Monitise will have to make changes to: i) the architecture of the product to reduce the integration burden; ii) change the pricing structure; iii) beef up the sales organisation (both direct and 3rd party), and iv) potentially make some operational management changes....

short term pain...

Given the investments to achieve this and the change in pricing model (to transaction based), we have adjusted our near-term estimates to reflect this. Our new EBITDA forecasts significantly exceed our old from 2H18 onwards....

What to focus on?

Given that user growth will not accelerate meaningfully before 2H15, we expect the market will increasingly focus on deal announcements. This will make the stock more prone to sentiment and hence more volatile, in our view. MONI in the right spot....

it's now about execution...

Similar to other information-driven industries like media, software and gaming, the banking industry will also see rapid digitalisation. Monitise's mobile strategy can accommodate this and increase revenue for clients via m-commerce. But it needs a substantial network, and accelerated user growth is essential. We believe Monitise is pursuing the right strategy to scale and drive profitability in the longer-term.

We reinstate our OW rating and GBP 0.75 PT.


Long: my spec play MONIF
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 14, 2014, 07:43:39 AM
Took my 6% quick profit in TZA. Had alot riding on it so overall nice return.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on May 14, 2014, 08:35:00 AM
I took some TC off the table today (8000 shares) at $3.  Yesterday for some reason it dipped to 2.68 during the CC and I bought 4000 shares at $2.70.  Never can catch the low or high of the day but $1200 for a day's holding works for me.  Inching my way up...36.4% return ytd.

Still holding a good chunk of TC because this dog ain't tired yet.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 15, 2014, 07:54:35 AM
More good news for Montise!

http://www.monitise.com/news/press_releases?id=907 



Long: Monif and buying any dips!
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 15, 2014, 09:27:21 AM
Early on taking it in the chin today. Looks as of now a chance of a full fledged panic today. Good time to be in cash to be opportunistic. Might be time to swing at some fat pitches soon if this keeps up.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 16, 2014, 05:56:04 AM
I liked this:

If the U.S. stock market were a song, it would be The Grateful Dead's "Brokedown Palace."

More importantly, as it relates to your own investments:

Err on the side of conservatism.
Maintain above-average cash balances.
Be diversified across company and industry lines.
Rationally consider reward vs. risk in every investment you make and holding you have.
Ignore those pundits/advisers/commentators who are self-confident in view. The only certainty is the lack of certainty (these days).
Consider being a contrarian who ignores the market's emotional responses.
Avoid the business media's hyperbole.
Don't be afraid to buy panic, and use euphoria as an opportunity to sell.
Seek investment freedom by doing your own homework.
Read every word written by Warren Buffett. It is useful to go back to his old annual letters to Berkshire Hathaway (BRK.A/BRK.B) investors.
Spend time on your investments; don't take short cuts -- particularly after a near trebling in the S&P 500 since March 2009.
There is a place for speculative investments in your portfolio -- also for conservative investments.
Invest within your means -- develop and stand by your own specific risk profile and investment/trading time frames.
And always remember that you worked hard to earn your investment capital.
"So we are pretty convinced that we don't want to play huge stadiums unless we play well."

-- Jerry Garcia.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 16, 2014, 08:33:44 AM
Finally able to scale in on BONT. Gabellie raised his stake as well.  Been waiting for awhile to get going on this name.

Long: BONT
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on May 16, 2014, 10:04:31 AM
I edged back into ECYT (Endocyte) today.  Yes a risky biotech with cancer drug pipeline but they have more cash on hand than market cap and recently fell from $21 a share to my buy price of $6.40 so the resistance to a pop is almost non existent.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 16, 2014, 01:02:51 PM
Big Beat by DDS (Dilllards) today! Why is this good...one of the many reasons to like BONT. It is rumored DDS wants to buy BONT. Dont ever buy on rumors BUT alot of good stuff if you do your homework circling BONT these days!
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 20, 2014, 07:19:20 AM
BONT is looking good and more good news one Montise. From the Street of Dreams
BTIG has initiated MONITISE with a buy rating and a price target of 92 pence (+46% upside).
Enjoy the day!

Long: BONT , MONIF
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 20, 2014, 02:36:44 PM
Yuck day! did nothing but got yard work done and few other chores.  TXMD is looking like it might be finding a bottom for you Bio-Med guys. I am maybe looking at nibbling tomorrow.

Guys here is the BTIG Monitise summary.

Monitise
Initiating Coverage at BUY with 92p Price Target; Well
Positioned to Benefit from Mobile Money Opportunity
 We believe Monitise Plc (AIM: MONI; OTC: MONIF) – a
business-to-business (B2B) mobile banking and technology
business that connects the user interface on mobile phones
and tablets to a banking or payments infrastructure – is
uniquely positioned to be the leader in helping banks to adapt
to the rise of mobile banking in both developed and emerging
markets. Unlike those companies attempting to circumvent
the existing payments infrastructure, MONI has created a
mobile pathway to it.
 We are initiating coverage of Monitise with a BUY
recommendation and a price target of 92p based on 12x FY18
EBITDA of £200mm discounted back at 8%. We believe
MON)􀇯s scalability and alignment with the growth of mobile
money should enable it to meet its goals of 200mm+ users,
£2.50 ARPU and 30%+ EBITDA margins and by June 2018. (It
had 28mm users as of December 31, up 40% year-over-year.)
 While MON)􀇯s early presence in the mobile money space
provides it with first-mover advantage, its partnerships with
Visa Inc. (V – Not Rated), Visa Europe and MasterCard (MC –
Not Rated) provide it with stability and credibility.
 MON)􀇯s new subscription- and transaction-based model aligns
the company􀇯s future growth with the rapid growth of mobile
money rather than with enterprise IT spending (as had
previously been the case), enhancing its long-term potential.
 MON)􀇯s industry-leading technology and the global network it
has built make it an attractive acquisition target, in our view.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 22, 2014, 07:56:42 AM
Despite an expected miss being more than expected.. BONT is up another 6% and 12% since I made note of buying it last week. Shaving off 1/4 of my shares now.

Stock is loved for alot of reasons!

Long: BONT
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on May 22, 2014, 11:07:12 AM
Now Forbes recognizes my favorite Spec MONIF

http://www.monitise.com/news/press_releases?id=908 




Long: MONIF and getting longer!
Title: Re: Active investors/Day Traders Thread
Post by: k-vette on June 17, 2014, 11:37:12 AM
Purchase AT yesterday around 3.25.  Up 5% today.  Will continue to hold until after dividend ex next week then decide how many to sell.   I think it has potential to keep rising, although slowly.
Title: Re: Active investors/Day Traders Thread
Post by: k-vette on June 22, 2014, 11:26:48 AM
Jumped up!  Put a trailing stop at .03 and sold at 3.70.  Very nice return for 2 days.
Title: Re: Active investors/Day Traders Thread
Post by: hodedofome on June 23, 2014, 08:00:50 AM
Forgot about this thread...haha. Got in RH on 6/16 after the big gap up on big volume. Thinking this could run for a while if the market holds up.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on June 23, 2014, 08:16:04 AM
Thread seems to have gotten quiet since Monif declined 18%.   I hope the OP didn't have too much invested in one stock.

Title: Re: Active investors/Day Traders Thread
Post by: k-vette on June 23, 2014, 12:08:00 PM
Eyeing DARA.  Havent purchased yet.  Im a small trader and need to choose wisely.  Dont like purchasing anything I wouldnt hold if needed.  And I wouldnt hold this one ling term.  Will see where it goes.
Title: Re: Active investors/Day Traders Thread
Post by: AlanStache on July 07, 2014, 08:27:03 AM
Placed my first trades based on technical analysis this am. Scared shitless.  All my back testing shows it will be real good (long term-based on past performance...).  Out of sample results match in sample results, paper traded last two weeks with good results.  But still is real money on the line now.  Stop losses in place.  Paper trading I learned what volatility really is.  Will need to balance staying informed with staying calm.  Risking nothing I cant afford to loose, but would still suck.

Question to the active traders: how much do those around you know about your investing tactics?  I have told no one yet.  I dont want some friend of a friend thinking I have a magic formula that will make him a million next week.  But also I want to give some explanation why I might be on edge some given day.  I guess the fundamental traders have it easy in this regard, 'you want to make money like I do?  Read Graham and Dodd'.
Title: Re: Active investors/Day Traders Thread
Post by: Winston on July 07, 2014, 03:03:06 PM
Scared shitless...
Will need to balance staying informed with staying calm...
I want to give some explanation why I might be on edge some given day...

Based on your commentary, I feel that you're risking more than you are really comfortable with.
Title: Re: Active investors/Day Traders Thread
Post by: JoJoP on July 07, 2014, 06:06:44 PM
Hi, I just dropped in to read this thread and wanted to introduce myself.  I am a novice investor who hopes to learn more.    I have a few bucks in IRA's and another few in a trade account.  I recently discovered that my "money manager" at RBC had our IRA's in mutual funds with back load fees (UGGHHHH!!).  So I cashed those funds in and have been investing the money.  So far it's been almost 2 years since my very first trade. 

It's mostly going well, but I made two huge boo boos-- one a big investment in precious metals right before they dropped, and the other in Fannie Mae and Freddy Mac.   I'm just holding on hoping these stocks go up eventually.  But, ouch!  I didn't realize it could be so much like gambling!  My Fannie and Freddy stock was bought the day before the big drop, oops! That was a really painful way to learn caution.   Luckily my other, more prudent choices are showing nice, steady increases and have minimized the loss of those mistakes. 

I have joined an investment club and read quite a bit, but still a beginner. 
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on July 07, 2014, 06:07:07 PM
Thread seems to have gotten quiet since Monif declined 18%.   I hope the OP didn't have too much invested in one stock.





ahhhh...No worries. In fact added to MONIF today. This isnt a trade but an investment!!!

Shorted the QQQ's  Today!

Been doing more selling of longs than buying.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on July 08, 2014, 08:20:16 AM
Starting to buy ARP for my long term portfolio. Bidding below the market today for MONIF. Stocks is trading at a much larger than usual average and flushing out the weak! :-)
Title: Re: Active investors/Day Traders Thread
Post by: hodedofome on July 08, 2014, 11:52:36 AM
Stopped out of TWOU and HZNP longs today. Only have RH and ESTE left. It would not surprise me to see an intermediate top put in on July 3rd. Momentum stocks have been hit pretty good this week, and the nasdaq and small caps are leading to the downside.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on July 08, 2014, 11:53:45 AM
ROG!

 if you like mines check out CDE its Among the larger names on my safe and cheap list of precious metals companies. Couer Mines (CDE) has been a holding since earlier this year as silver miners fell right along with metal prices. The stock is trading at just 57% of book value and the company has a current ratio of 3.37. It is walking the edge of having more assets than debt with the equity to asset ratio at 0.57, but it does narrowly make the grade. Couer recently renegotiated its royalty financing deal with Franco Nevada (FNV) that should improve bottom-line results by a substantial amount and that has helped the stock move higher in the past month. But it still very cheap. Analysts at Stern Agee just reiterated a price target of $18 a share last week. That's about double at the current stock price.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on July 08, 2014, 03:45:59 PM
Soccer,

I will check it out but I am almost fully loaded into Thompson Creek Metals (TC).  I have been buying it and selling it for the past couple of months and it is almost like an ATM (this is usually where things get dangerous LOL).

I am positioned right now at $2.62 to $2.81 for a pop to $3.10 to $3.20 this week when production figures are announced (I figure tomorrow or Thursday).  You will probably see TC in the news as a top stock this week as it should pop 15% or so.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on July 11, 2014, 08:34:50 AM
ROG

I did that for the longest time with AUY. Im in the lowest amount of names right now in years. Alot on my radar but being patient. I do like the TC trade though. Good luck!
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on July 14, 2014, 07:49:25 AM
with this mornings strength on top of the year thus far I have reduced slowly from my norm of 30-40 holdings down to 6 longs.

I am a buyer of TZA at 14.50
Title: Re: Active investors/Day Traders Thread
Post by: Magclaw on July 14, 2014, 09:47:24 AM
I screwed myself with TZA, bought 200 shares at 16.50 (i know overpriced but this was a month and a half ago) and then sold it at its low of 13.5 for a 600 loss. I know I did everything wrong but I got nervous and sold. The only bright spot was that was a small part of my portfolio and everything else was up so much that I felt the loss was justified. Actually I moved that money into ARCP and it just jumped today so the loss may have been not so bad.

I have loved trading ARCP lately, though I am heavily overweighted with it (its 50% of my portfolio). I just love the 8% monthly returns. I know this is a daytraders thread but I only mention it because I have been selling call options on it.

Mag
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on July 14, 2014, 09:53:12 AM
I screwed myself with TZA, bought 200 shares at 16.50 (i know overpriced but this was a month and a half ago) and then sold it at its low of 13.5 for a 600 loss. I know I did everything wrong but I got nervous and sold. The only bright spot was that was a small part of my portfolio and everything else was up so much that I felt the loss was justified. Actually I moved that money into ARCP and it just jumped today so the loss may have been not so bad.

I have loved trading ARCP lately, though I am heavily overweighted with it (its 50% of my portfolio). I just love the 8% monthly returns. I know this is a daytraders thread but I only mention it because I have been selling call options on it.

Mag



Investors and Day traders thread so share what you want!!! welcome!! I am long ARCP and am a big fan of the stock!
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on July 14, 2014, 09:56:02 AM
There are a plethora of new IPOs this week: CareDx, Globant, iRadimed, Medical Transcription Billing, Microlin Bio, Pfenex, Roka Biosience, SageTherapuuetics, TerraForm Power and Trupanion.

Some of the company names even sound like several of the 1999 IPOs.
Title: Re: Active investors/Day Traders Thread
Post by: Magclaw on July 14, 2014, 10:28:21 AM
I screwed myself with TZA, bought 200 shares at 16.50 (i know overpriced but this was a month and a half ago) and then sold it at its low of 13.5 for a 600 loss. I know I did everything wrong but I got nervous and sold. The only bright spot was that was a small part of my portfolio and everything else was up so much that I felt the loss was justified. Actually I moved that money into ARCP and it just jumped today so the loss may have been not so bad.

I have loved trading ARCP lately, though I am heavily overweighted with it (its 50% of my portfolio). I just love the 8% monthly returns. I know this is a daytraders thread but I only mention it because I have been selling call options on it.

Mag



Investors and Day traders thread so share what you want!!! welcome!! I am long ARCP and am a big fan of the stock!

Actually you clued me into ARCP. Since you are long do you ever sell covered calls for even more returns. I have sold some Jan 14 and 15 calls since I picked up 1000 shares at 12.5, I figure even if they go in the money I will still be up alot of money.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on July 14, 2014, 11:43:46 AM
I screwed myself with TZA, bought 200 shares at 16.50 (i know overpriced but this was a month and a half ago) and then sold it at its low of 13.5 for a 600 loss. I know I did everything wrong but I got nervous and sold. The only bright spot was that was a small part of my portfolio and everything else was up so much that I felt the loss was justified. Actually I moved that money into ARCP and it just jumped today so the loss may have been not so bad.

I have loved trading ARCP lately, though I am heavily overweighted with it (its 50% of my portfolio). I just love the 8% monthly returns. I know this is a daytraders thread but I only mention it because I have been selling call options on it.

Mag



Investors and Day traders thread so share what you want!!! welcome!! I am long ARCP and am a big fan of the stock!

Actually you clued me into ARCP. Since you are long do you ever sell covered calls for even more returns. I have sold some Jan 14 and 15 calls since I picked up 1000 shares at 12.5, I figure even if they go in the money I will still be up alot of money.



Not in regards to ARCP , its strictly a long for me. I feel its a REIT that hasnt earned its respect yet and the last one I own outside of my index funds.  I am holding and collecting until i am right or hopefully not wrong! :-)
Title: Re: Active investors/Day Traders Thread
Post by: bikecommuter on July 14, 2014, 01:33:13 PM
Relatively new investor here.  Any one with thoughts on BOFI, DNKN, and GOPRO?

I purchased about 30 shares of BOFI when it was at $82.  Now it's dipped down to $73 and wish I didn't go in on it.
I also just purchased some shares of DNKN at 35.5 which I am happy with to keep in the long run.

I'd like to dump most (if not all) of BOFI, but I don't want to lose too on selling under my purchase price.

I have been using ML for any trades.  Any opinions on ML?  Each trade is about $7.  Any suggestions on minimizing that cost?
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on July 14, 2014, 03:43:57 PM
Relatively new investor here.  Any one with thoughts on BOFI, DNKN, and GOPRO?

I purchased about 30 shares of BOFI when it was at $82.  Now it's dipped down to $73 and wish I didn't go in on it.
I also just purchased some shares of DNKN at 35.5 which I am happy with to keep in the long run.

I'd like to dump most (if not all) of BOFI, but I don't want to lose too on selling under my purchase price.

I have been using ML for any trades.  Any opinions on ML?  Each trade is about $7.  Any suggestions on minimizing that cost?




Gopro has broke support on the chart i looked at so I wouldn't be a buyer here. Kinda looks like a falling knife.

Dnkn I owned awhile back and and am out of.   Last week, the company CEO Nigel Travis spoke bullishly on the company's overseas expansion opportunities. Dunkin's strong brand recognition affords it tremendous growth opportunities in both domestic and international markets. We remain convinced that the continued rollout of its loyalty program will likely boost the company's top line. Its strong free- cash-flow generation and its lack of near-term debt maturities can support total shareholder returns through expected dividend increases and share repurchases. We are convinced that its industry-leading margins, growth prospects and healthy sales-growth-comparison trends support the stock's premium valuation.

Base on that I would not add to the stock but have a trailing stop here.

I am not familiar with BOFI ....sorry!  I use TD. Ameritrade and fees are similiar.

I am not long any of the above positions or am suggesting recommendations. Just simply what I would do if I owned the stocks mentioned for myself.
Title: Re: Active investors/Day Traders Thread
Post by: bikecommuter on July 14, 2014, 04:17:53 PM
Gopro has broke support on the chart i looked at so I wouldn't be a buyer here. Kinda looks like a falling knife.

Dnkn I owned awhile back and and am out of.   Last week, the company CEO Nigel Travis spoke bullishly on the company's overseas expansion opportunities. Dunkin's strong brand recognition affords it tremendous growth opportunities in both domestic and international markets. We remain convinced that the continued rollout of its loyalty program will likely boost the company's top line. Its strong free- cash-flow generation and its lack of near-term debt maturities can support total shareholder returns through expected dividend increases and share repurchases. We are convinced that its industry-leading margins, growth prospects and healthy sales-growth-comparison trends support the stock's premium valuation.

Base on that I would not add to the stock but have a trailing stop here.

I am not familiar with BOFI ....sorry!  I use TD. Ameritrade and fees are similiar.

I am not long any of the above positions or am suggesting recommendations. Just simply what I would do if I owned the stocks mentioned for myself.

That's what I was looking for!  Yeah GOPRO went a bit too high off the bat so I resisted buying.  Just curious on people's thoughts.

Do you normally buy at market price or a limit order?
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on July 15, 2014, 09:58:58 AM
Gopro has broke support on the chart i looked at so I wouldn't be a buyer here. Kinda looks like a falling knife.

Dnkn I owned awhile back and and am out of.   Last week, the company CEO Nigel Travis spoke bullishly on the company's overseas expansion opportunities. Dunkin's strong brand recognition affords it tremendous growth opportunities in both domestic and international markets. We remain convinced that the continued rollout of its loyalty program will likely boost the company's top line. Its strong free- cash-flow generation and its lack of near-term debt maturities can support total shareholder returns through expected dividend increases and share repurchases. We are convinced that its industry-leading margins, growth prospects and healthy sales-growth-comparison trends support the stock's premium valuation.




Gopro fighting back today! thats why I always say do as much research as possible. Charts are only part of the equation and could be for various reasons. From short covering to great review which I havent researched today.

I put limit orders in unless its at the price  I want to buy at.
Base on that I would not add to the stock but have a trailing stop here.

I am not familiar with BOFI ....sorry!  I use TD. Ameritrade and fees are similiar.

I am not long any of the above positions or am suggesting recommendations. Just simply what I would do if I owned the stocks mentioned for myself.

That's what I was looking for!  Yeah GOPRO went a bit too high off the bat so I resisted buying.  Just curious on people's thoughts.

Do you normally buy at market price or a limit order?
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on July 16, 2014, 09:28:41 AM
For the longest time that I can remember I am 100% out of Equities.  Actually feels kinda good! not sure why! See how long it lasts! but i see myself shorting before going long barring something I just think is to cheap not to own but getting harder and harder to find
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on July 16, 2014, 10:46:58 AM
For the longest time that I can remember I am 100% out of Equities.  Actually feels kinda good! not sure why! See how long it lasts! but i see myself shorting before going long barring something I just think is to cheap not to own but getting harder and harder to find

You bailed on Monif at $0.77?   Tax loss writeoff?
Title: Re: Active investors/Day Traders Thread
Post by: Magclaw on July 16, 2014, 10:48:47 AM
For the longest time that I can remember I am 100% out of Equities.  Actually feels kinda good! not sure why! See how long it lasts! but i see myself shorting before going long barring something I just think is to cheap not to own but getting harder and harder to find

Sorry for the ignorance, but are REITs not Equities? If they are, did you sell your positions?

Again, sorry if it sounds stupid, but I am not a finance expert (trying to improve).
Mag
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on July 17, 2014, 10:17:15 AM
For the longest time that I can remember I am 100% out of Equities.  Actually feels kinda good! not sure why! See how long it lasts! but i see myself shorting before going long barring something I just think is to cheap not to own but getting harder and harder to find

You bailed on Monif at $0.77?   Tax loss writeoff?


Yep! think its a year or two away but long term will be good. If it gets back down around .50 I will get back in barring some changes. Loss for now.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on July 17, 2014, 10:19:47 AM
For the longest time that I can remember I am 100% out of Equities.  Actually feels kinda good! not sure why! See how long it lasts! but i see myself shorting before going long barring something I just think is to cheap not to own but getting harder and harder to find

Sorry for the ignorance, but are REITs not Equities? If they are, did you sell your positions?

Again, sorry if it sounds stupid, but I am not a finance expert (trying to improve).
Mag



Yes, ARCP was my largest holding so I took the profits and ran.  I am for now going to do 1 or 2 momentum stocks long or short till this market corrects.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on July 17, 2014, 10:35:00 AM
For the longest time that I can remember I am 100% out of Equities.  Actually feels kinda good! not sure why! See how long it lasts! but i see myself shorting before going long barring something I just think is to cheap not to own but getting harder and harder to find

You bailed on Monif at $0.77?   Tax loss writeoff?


Yep! think its a year or two away but long term will be good. If it gets back down around .50 I will get back in barring some changes. Loss for now.

 
Good call all around.   WWIII is about to start in Europe (Russia supplying the weapon to shoot down Malaysia passenger flight will have been the trigger).

I am looking a little bit at gold stocks as they could do quite well during a major war.   Also interested in companies making radiation detectors.

Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on July 17, 2014, 03:18:43 PM
For the longest time that I can remember I am 100% out of Equities.  Actually feels kinda good! not sure why! See how long it lasts! but i see myself shorting before going long barring something I just think is to cheap not to own but getting harder and harder to find

You bailed on Monif at $0.77?   Tax loss writeoff?



The mid size miners are looking good right now both in gold and silver and I think Silver has a little more upside. Seems were on the same page but I think miners is the way to play it.

Yep! think its a year or two away but long term will be good. If it gets back down around .50 I will get back in barring some changes. Loss for now.

 
Good call all around.   WWIII is about to start in Europe (Russia supplying the weapon to shoot down Malaysia passenger flight will have been the trigger).

I am looking a little bit at gold stocks as they could do quite well during a major war.   Also interested in companies making radiation detectors.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on July 18, 2014, 07:48:00 AM
Best one day trade ever!

Yesterday during the Ukraine crisis and biotech weakness I bought 10 contracts of Gilead Jan 2016 $80 calls for $16.10 around 3:45pm EST.   This morning I sold them for $17.40, a $1300 profit in 16 hours.  A upgrade for Gilead presented the opportunity.

I normally don't come that close to day trading but I couldn't resist.    Long term I think Gilead will be above $100 but short term it could be choppy.  I hope it drops back to the lower 80s so I can reload.
Title: Re: Active investors/Day Traders Thread
Post by: TreeTired on July 18, 2014, 09:11:08 AM
Thoughts on this one.   Reynolds American (RAI) has agreed to buy Lorillard (LO) for a combination of $50.50 cash per share + .2909 shares of RAI, which is currently trading at $58.07, so .2909 shares is worth $16.89,  so the total package is worth $50.50 + $16.89 = $67.39,  and LO is currently trading at $61 per share.  That seems like a pretty big discount to me.   The risks at this point would be the merger being disallowed due to antitrust issues and/or a huge drop in the value of RAI.   I bought 100 LO  at 62 (oops) and another 100 at 60  in my IRA and I already own 200 from much lower levels (40s) as a dividend payer in my taxable account. 
Title: Re: Active investors/Day Traders Thread
Post by: Numbers Man on July 22, 2014, 11:19:28 AM
I just rang the register with Chipotle at $662 for about a 15% gain. I will try to buy back when there's a dip today.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on July 22, 2014, 11:28:40 AM
I just rang the register with Chipotle at $662 for about a 15% gain. I will try to buy back when there's a dip today.

I love eating at Chipotle and wanted to buy the stock but it was $280 at the time (which I thought was waay too expensive).

LOL
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on July 23, 2014, 07:30:02 AM
Best one day trade ever!

Yesterday during the Ukraine crisis and biotech weakness I bought 10 contracts of Gilead Jan 2016 $80 calls for $16.10 around 3:45pm EST.   This morning I sold them for $17.40, a $1300 profit in 16 hours.  A upgrade for Gilead presented the opportunity.

I normally don't come that close to day trading but I couldn't resist.    Long term I think Gilead will be above $100 but short term it could be choppy.  I hope it drops back to the lower 80s so I can reload.


ROG,

Alot  investors still see a 50% upside from here in Gillead, one i like is Brett Jensen.

http://seekingalpha.com/article/2323855-gilead-50-percent-upside-from-here

I am not long the name.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on July 23, 2014, 08:02:51 AM
ROG,

Alot  investors still see a 50% upside from here in Gillead, one i like is Brett Jensen.

http://seekingalpha.com/article/2323855-gilead-50-percent-upside-from-here

I am not long the name.

Oh yes for sure.   I think it could break $100 this week and I probably left tens of thousands on the table by doing the quick trade but you never know the biotech market.   I still have my $75/$77.50 call spread that expires in Jan 2015...currently worth about $2 per spread but I am going to hold it for the full $2.50 since Gilead is trading at $90 and it is far in the money.   Will make another $5,000 or so on that, so not too painful to see Gilead march higher.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on July 24, 2014, 07:44:54 AM
A possible double bottom in the U.S. 10-year note yield on July 17?
Does anyone else out there see a possible double bottom in the U.S. 10-year note yield on July 17 (compared with the previous bottom of May 28)?

I am bidding below the market to my short bond position after today's jobless claims report (which dropped by an unexpected 19,000 jobs).

Position: Trying to go long TBF
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on July 24, 2014, 07:50:59 AM
Buyer of TZA at 14.50 and Bidding for SQM below the market
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on July 24, 2014, 08:08:35 PM
I jumped back into Gilead today, buying 20 Jan 2016 $80 calls for $16.90.  I then realized this was $33,800 and sold 10 of them for $17.40  :D

$500 profit on that minus $30 in commissions (ouch).

Gilead blew the socks off of earnings but the stock was flat.  Investors are in a disbelief mode similar to Apple in 2012 when it was blowing away earnings and the stock was staying flat.

Probably when Gilead starts papering the hallways with C notes investors will take notice.   I am going to hold these 10 calls for awhile and try to get $10,000 profit out of them.
Title: Re: Active investors/Day Traders Thread
Post by: Numbers Man on July 24, 2014, 09:44:50 PM
Actually - I was looking at Gilead today and pondering whether or not to buy it. A lot of growth stocks get ahead of the earnings and disappoint on earnings day. But really perform between earnings date. This stock reminds me of Cisco back in the day when Cisco was hot. I'm still doing my due diligence on this stock.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on July 25, 2014, 08:25:00 AM
The difference was that Cisco was trading at 500B market cap with a PE of 60 and Gilead is trading at 140B with a fwd PE of less than 10.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on July 28, 2014, 09:04:00 AM
Sold the other 10 Gilead calls just now for $17.80, booking another $900 in profit ($886 after commissions).

I love you Gilead.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on July 30, 2014, 07:59:04 AM
Still sitting on the sidelines doing some light research and or waiting for a few names I want to buy hit there mark.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on July 30, 2014, 08:26:34 AM
Purchased QID at $46.45. I dont suggest this for the average trader!
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on July 30, 2014, 08:29:37 AM
Sold the other 10 Gilead calls just now for $17.80, booking another $900 in profit ($886 after commissions).

I love you Gilead.

Bah, Gilead up to over $94 today and those calls are now worth $20+

I hate you Gilead.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on July 31, 2014, 07:58:33 AM
QID is running today!!!

Selling half my position in TZA for another nice quick trade

MET and LNC I am going to try and short

In my opinion and its not worth much if I had stock in FB or Twitter I would be exiting my positions.

These are not recommendations just my opinons! do your own research!
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on July 31, 2014, 08:03:27 AM
Bon-Ton Stores added Daniel Motulsky to its board of directors.
I wanted to repeat this post from late yesterday in case some of you missed it:

Bon-Ton Stores (BONT) just reported that it has added Daniel Motulsky to its board of directors today.

The interesting thing here is that Motulsky has broad experience in mergers and acquisitions by virtue of his previous post as Global Had of Consumer and Retail at Lazard (LAZ).

I have mentioned BONT several times in the past and seems to be holding at 9$. I am watching this stock and while I am not long am considering to do so soon.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on July 31, 2014, 08:05:46 AM
More good news on MONIF this morning....DAMN IT!!!! if the whole market tanks and this name is dragged down with it I will look to re-establisn a long.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on July 31, 2014, 10:38:32 AM
Selling 1/2 my QID and another 25% of my TZA for nice quick gains.   BONT is fighting the tape. Going to add some money to my index funds today
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on July 31, 2014, 01:34:55 PM
Cash out of QID and TZA.....!
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on August 01, 2014, 10:00:13 AM
GPRO getting hammered today. Never liked the way this stock ran up then tanked than ran up a bit.....staying away!

GILD under 90$ i think would be a gift horse!
Title: Re: Active investors/Day Traders Thread
Post by: kato on August 01, 2014, 12:53:12 PM
GPRO getting hammered today. Never liked the way this stock ran up then tanked than ran up a bit.....staying away!
 

I bought GoPro at IPO with Loyal 3 and sold for quick 50% gain.  Wish I bought a lot more at IPO, but that was first time buying an IPO stock.. glad I got out though..

Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on August 01, 2014, 04:38:20 PM
GPRO getting hammered today. Never liked the way this stock ran up then tanked than ran up a bit.....staying away!

GILD under 90$ i think would be a gift horse!

Horse, it would be a gift entire Clydesdale team!

I am watching it like a hawk to see if it gets thrown out with the regular market bathwater.

What do you want to own?  A stock making 100% revenue beats, billions per quarter, fwd PE under 10, or Twitter?
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on August 04, 2014, 11:20:58 AM
GPRO getting hammered today. Never liked the way this stock ran up then tanked than ran up a bit.....staying away!

GILD under 90$ i think would be a gift horse!

Horse, it would be a gift entire Clydesdale team!

I am watching it like a hawk to see if it gets thrown out with the regular market bathwater.

What do you want to own?  A stock making 100% revenue beats, billions per quarter, fwd PE under 10, or Twitter?



ROG,

I'm in your camp! No desire to own any of the Social Media stocks though FB is proving me wrong. Twitter is another story and cant figure out how to make money.  I am working on my shopping list if we ever get that big dump but GILD would be one for sure as of now.
Title: Re: Active investors/Day Traders Thread
Post by: Rob on August 04, 2014, 09:38:08 PM
Anyone have any stake in KORS? I am long with a couple different positions. After crushing earnings today, yet falling 6%, it seems like a screaming buy. I've got a pretty big % in already so I am hesitant to add more, but this company executes again and again and again and crushes estimates every time. They guide low every time, and crush it, yet the sentiment today seems to be concerns with guidance and margins. Just curious if anyone else has thoughts or a bear case.

For example Q1 EPS grew from $0.61 to $0.91. Q2 LY was $0.71, yet they guided $0.85 - $0.87. People have to realize that they are going to destroy that, right? I think they'll easily top $1B in revenue and come in around $0.95 EPS, if not higher. And I really don't see this brand losing any steam through the Holiday season. Eventually the crazy growth will stop but it just doesn't seem like it's happening yet to me.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on August 05, 2014, 08:25:08 AM
Anyone have any stake in KORS? I am long with a couple different positions. After crushing earnings today, yet falling 6%, it seems like a screaming buy. I've got a pretty big % in already so I am hesitant to add more, but this company executes again and again and again and crushes estimates every time. They guide low every time, and crush it, yet the sentiment today seems to be concerns with guidance and margins. Just curious if anyone else has thoughts or a bear case.

For example Q1 EPS grew from $0.61 to $0.91. Q2 LY was $0.71, yet they guided $0.85 - $0.87. People have to realize that they are going to destroy that, right? I think they'll easily top $1B in revenue and come in around $0.95 EPS, if not higher. And I really don't see this brand losing any steam through the Holiday season. Eventually the crazy growth will stop but it just doesn't seem like it's happening yet to me.


Retail is sketchy at best right now so other than perhaps getting into BONT for different reasons I am not in any. Having said that I only know that COH did a much better job in its inventory than KORS and knowing that even when things go to shit...the rich still spend so I would be a buyer of COH.  But right now I wouldnt own either for just some of the reasons I mentioned. In fairness I havent studied the stocks for these reasons but good luck!!
Title: Re: Active investors/Day Traders Thread
Post by: AssetGrinder on August 05, 2014, 04:57:33 PM
Bought 1000 shares at apple today at 94.86. Then I bought August 14 $99 calls. Looking to get in and out fully expecting to get called.I will catch the dividend of 47 cents as well on this. If I dont get called Imma keep writing till I do out of the money. Fun way to play with 95k lol. Wish me luck!

I am normally a dividend investor guy but been mulling this idea since July 31 and today I jumped on it.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on August 05, 2014, 09:43:38 PM
Bought 1000 shares at apple today at 94.86. Then I bought August 14 $99 calls. Looking to get in and out fully expecting to get called.I will catch the dividend of 47 cents as well on this. If I dont get called Imma keep writing till I do out of the money. Fun way to play with 95k lol. Wish me luck!

I am normally a dividend investor guy but been mulling this idea since July 31 and today I jumped on it.

I am going to assume you mean you sold August $99 calls, not bought them.

You can also sell puts and not buy the stock at all.  You won't collect a dividend but the put premium may be high enough to cover this.  There are fewer transactions with selling a put, especially if it expires worthless.

As an example, I have sold 5 Jan 2015 $100 puts on Gilead.   I collected $13 premium for selling the puts ($6500) and I get to keep it without buying any stock if Gilead is above $100 when they expire.  If it goes up past $100 sooner than that, then I will buy back the puts I sold, probably for $5 each and pocket $3500 instead of $6500 but freeing up money I have set aside for this trade.
Title: Re: Active investors/Day Traders Thread
Post by: kato on August 06, 2014, 01:49:57 PM
Roland,
Been reading this thread since the beginning, wish someone could explain calls / puts for me easily.. I have option account opened on sharebuilder and want to play with $30K in ROTH IRA, but not really confident to buy/sell puts/calls.  I short buy/sell stocks often, but really want to do covered calls, sell puts, etc.  Any simple language to understand this stuff enough to start trading them?

I read what your stock market returns are and its made me think hard about my rental properties.. I think I'm doing good with 2 yr average 15% returns on my investment of down payment, but I still have to maintain property / tenants.  Debating whether to buy another rental or use the down payment I have saved up and dabble more in stocks..  looking for cashflow to live off of..  about half way there..

Cheers!
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on August 06, 2014, 05:48:11 PM
Go with what you know.  If rentals are giving you good returns, I would stick with those.

Stock investing is risky.   I think I will end up making money for example on those $100 Gilead puts I sold, but some news could come out next week like Congress mandating Gilead give away Sovaldi for free or there could be a side effect and lawsuit.  Similar thing could happen to any stock I guess.  The next I-phone could be a total flop.

I should also mention I am doing this with money I can afford to lose.   I don't gamble with our 401K or main taxable accounts, just with these IRAs which started so small.
Title: Re: Active investors/Day Traders Thread
Post by: Astromarine on August 07, 2014, 04:51:12 AM
I'm really new at this stuff, and I had a couple questions:

Apple's under 95 right now. You guys think it's worth buying?

Second, especially for Roland: I managed to read about Gilead on some site, and bought a bit. Currently, I have 30 shares, and paid an average unit cost of 91.2. They're at 92.8 now. Obviously we're talking pennies here, that's about 3k invested in it, but do you think it's worth buying more? Should I hold out and sell at what, 100?
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on August 07, 2014, 07:11:21 AM
My Favorite Spec stock is out there winning awards again MONIF.... Also seems to have found a bottom at least for now BUT i will back the truck back up if it drops to 65 and or starts to run.

http://www.monitise.com/news/press_releases?id=946 
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on August 07, 2014, 07:31:12 AM
I'm really new at this stuff, and I had a couple questions:

Apple's under 95 right now. You guys think it's worth buying?

Second, especially for Roland: I managed to read about Gilead on some site, and bought a bit. Currently, I have 30 shares, and paid an average unit cost of 91.2. They're at 92.8 now. Obviously we're talking pennies here, that's about 3k invested in it, but do you think it's worth buying more? Should I hold out and sell at what, 100?

It looks like Gilead is trading for near $94 premarket today.   Even so, that is only $90 profit for you.  How much are your trading costs?  If you are paying $8 to $10 to trade, then that is a large percentage of any profit.   If you have free trades then you can take profits whenever you want.

I have no crystal ball on Gilead but $100 is quite reasonable and below almost all analyst's one year price targets.
Title: Re: Active investors/Day Traders Thread
Post by: Astromarine on August 07, 2014, 08:09:43 AM
I'm in Switzerland. My trading costs would make your eyes bug out and your brain explode. so there's no way I'd sell GILD below 100 anyway. I'll wait with my current stock until next year and sell then. I got stuck with some positions like that by starting with low levels of cash, costs absolutely wreck any thought of "starting small".
Title: Re: Active investors/Day Traders Thread
Post by: Magclaw on August 07, 2014, 10:36:42 AM
I currently sell covered calls on sharebuilder (i have level 2 option approval). I got curious about the GILD put that Roland mentioned and tried to sell that put on sharebuilder which informed me "The option you selected (GILD Jan 17 2015 $100 Put) can not currently be traded at ShareBuilder."
Anyone give me clarification on this?
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on August 07, 2014, 12:04:44 PM
Weird.  Five of those $100 puts were sold today at $12.05 to $12.65 according to yahoo (I have not logged in to my trading account to see the real time quotes today).

I am not familiar with sharebuilder though.  Will they even let you sell cash secured puts?

Do remember that if Gilead dropped back to the $70 area on a market pullback, those puts would be $30 in the money, meaning technically you have lost $17 or so per option.  On the flipside, if Gilead goes to $110 the profit you make is capped at the put sell price ($12 to $13 right now).
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on August 07, 2014, 02:01:05 PM
1900 held today but the trend is down until its not. Be nimble and make quick trades but I wouldn't go long here. This move has been minuscule as far as corrections are concerned. Just my two cents and probably not worth much more than that...!
Title: Re: Active investors/Day Traders Thread
Post by: Mother Fussbudget on August 08, 2014, 01:42:33 PM
ShareBuilder offers limited option contracts.  Same for mutual funds (i.e. no VTSAX).
They do offer good deals on drip-like "automatic investments" for buy-and-hold investors.  They allow you to buy fixed-dollar amounts of ANY stock/mutual fund they offer - on a regular basis (monthly, twice monthly, weekly, etc).
 
The rates are VERY good for those with CostCo accounts (I created a CostCo/ShareBuilder account, and transferred my existing account into it, reapplied for options, etc).  see http://www.sharebuilder.com/costco for details.   They don't call it out, but even their 'Advantage' program is only $10/mth (vs. $12 regularly) for CostCo users.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on August 11, 2014, 07:31:30 AM
Will definitely short the market today with the run up Friday and what looks to be a ramp up this morning.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on August 15, 2014, 06:04:19 AM
Gilead's Sovaldi won UK approval at $700 a pill.   Probably hitting $97 or $98 today.

$100 we talked about in this thread is coming up sooner than I thought.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on August 15, 2014, 08:42:18 AM
Gilead's Sovaldi won UK approval at $700 a pill.   Probably hitting $97 or $98 today.

$100 we talked about in this thread is coming up sooner than I thought.


GILD is a golden goose!!

Looking to initiate again  QID  ( again not for the amateur trader)  worked out well last time.
Title: Re: Active investors/Day Traders Thread
Post by: TreeTired on August 15, 2014, 08:51:20 AM
I got in on GILD recently... probably due to reading about it here (thanks).   This market is nuts.  Aside from all the commentary predicting an imminent crash,  you have much complaining about the unnecessary continuation of zero interest rates and the Fed planning their exit strategy... so what happens?  Rumors of another QE and Treasuries soaring,  with no comment from the Fed - you would think would say no more QE.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on August 15, 2014, 09:42:19 AM
I think I have made about $25,000 this year on GILD alone, so it is fitting that my user name has Gilead in it (when I chose the name, based on a SK character, I had never looked at GILD stock).

I could be up more than $200,000 had I kept most of the calls I bought on GILD back a few months ago when it was $68.   Ah well, win some win some is how the saying goes.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on August 15, 2014, 10:32:26 AM
is the trend now lower highs and lower lows?? not going long on anything into the weekend. Not worth it.
Title: Re: Active investors/Day Traders Thread
Post by: Astromarine on August 18, 2014, 05:57:53 AM
GILD trading pre-market at 101.5. Oh deary deary me.

Why why WHY do I only have 30 shares of it? Cry forever.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on August 18, 2014, 07:16:27 AM
Congrats GILD lovers breaking 100$
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on August 21, 2014, 09:55:47 AM
with the continued ramp up this week I am backing into QID with a tight stop
Title: Re: Active investors/Day Traders Thread
Post by: Effort_to_Stach on August 24, 2014, 08:52:33 AM
I went into full cash last week since I am going to be buying a house before too long. This is my trades for the year. I think I had some good luck and did pretty good.

I mostly bought stocks and dips and sold them not long after. There were a few purchases made going into quarterly earnings that I played too.

Does anybody have any thoughts on the best way to figure out what my return would be based off of this info?

Thanks

(http://s3.postimg.org/ioigwaozn/year2_Date.jpg)
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on August 25, 2014, 05:47:19 AM
Your return depends on how much you had in the investment account.

It looks like from your trades you had no more than about $5000 to $6000 invested at any one time.   If your account was $10,000 at the start of the year and you made $1775.81 in gains then your return would be 1775.81/10000 = 17.8%
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on August 25, 2014, 08:05:40 AM
Looks like GILD wants to go to $125
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on August 25, 2014, 08:31:48 AM
Looks like GILD wants to go to $125

Realize that a few months ago when we started talking about GILD in this thread I had over 100 call contracts for GILD $75 strike that expire Jan 2015.  :-(

I sold almost all of them WAY too early.  Oh well, what is $200,000 among friends, right?
Title: Re: Active investors/Day Traders Thread
Post by: TreeTired on August 25, 2014, 08:38:20 AM
Looks like GILD wants to go to $125

Realize that a few months ago when we started talking about GILD in this thread I had over 100 call contracts for GILD $75 strike that expire Jan 2015.  :-(

I sold almost all of them WAY too early.  Oh well, what is $200,000 among friends, right?

lol!   I would just shoot myself and end the misery!!   on to the next trade!   I still own my one and only purchase of 100 GILD.   Thanks  again for bringing it to my attention.  Sure beats working for a living.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on August 29, 2014, 11:34:50 AM
Its time to initiate a few longs today.

I am DCA in TBT and TBF

I am DCA in SQM
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on August 29, 2014, 12:05:12 PM
Due to the decay of TBT I will be only in TBF and of course SQM

LONG: TBF and SQM
Title: Re: Active investors/Day Traders Thread
Post by: YoungInvestor on August 30, 2014, 04:07:40 PM
Roland,
Been reading this thread since the beginning, wish someone could explain calls / puts for me easily.. I have option account opened on sharebuilder and want to play with $30K in ROTH IRA, but not really confident to buy/sell puts/calls.  I short buy/sell stocks often, but really want to do covered calls, sell puts, etc.  Any simple language to understand this stuff enough to start trading them?

I'd advise against entering in an option trading strategy without good knowledge of financial mathematics, but to sum it up:

Options will give their buyer the opportunity to buy(Call)/sell(Put) a certain stock at a certain price until (american style) a certain date. Some options (European style) can only be exercised on their last day, while others can only be exercised on some pre-determined days (Bermudian style). Most (or all) options you are likely to encounter are american-style.

Call : If you buy a call option, you are buying the right to buy that stock at the option's strike price until the expiration date.

If ABC's stock is at $110 and I hold a call option with a strike price of 100$, I can make a profit of 10$ immediately (Or hold the call and hope the stock's price gets higher before the expiration).

If the price was <=100$ at expiration, the call would expire worthless, as it would give you no advantage.

If you sell a call, it means that someone will have the opportunity to buy a certain stock from you at the strike price if and when they choose to exercise it.

Selling a covered call means that you hold the underlying stock or an option with a lower strike price. You would essentially be selling some upside potential of your stock for some immediate money.

As an example :

I own 100 shares of ABC, currently worth 100$. In my opinion (or investment strategy), I plan the stock to gain 5% over the next 6 months. I could sell 100 calls with a strike price of 105$ for (let's say) 1$ a piece. This would give me 100$ immediately, which I could use to buy more ABC shares or whatever else.

With a covered call strategy, you get to keep any dividends until exercise, the options premium and either the 100 shares (if the option was unexercised) or 100*Strike Price (if the option was exercised). All of this combined can make for a rather interesting income. This reduces the variance of your results, but limits your upside potential. As a result, it may be impossible for you to buy back your initial 100 shares if the stock happens to have gotten a lot higher.

Before actually getting into it, however, I definitely recommend an assessment of your math skills. Are you comfortable with differential equations? Can you master the maths of options pricing? Because if you can't, there are quants on Wall Street who can't wait to have you in the market.

Don't take it lightly. You'd still probably make money, because of the nature of the trade, but may inadvertantly limit you upside potential too much.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on August 30, 2014, 04:40:56 PM
Before actually getting into it, however, I definitely recommend an assessment of your math skills. Are you comfortable with differential equations? Can you master the maths of options pricing? Because if you can't, there are quants on Wall Street who can't wait to have you in the market.

I am not so sure you need diff eq.   I have had 6 courses in calculus in my EE degree and have not really had the need to use that in option trading.   I am up 65% this year, near 30% compounded annually for the past 13 years (yes I know that is nearly a 3000% return over that period...that is a math calculation (1.3^13 - 1) * 100%  )

Just start really small.   Get an optionshouse account because they are offering 150 free trades right now for new accounts.   This way you can buy or sell just 1 option contract for $0 commission and watch it closely.  You would have the advantage of being able to take $20 or $30 profits without worrying about commission charges.   Most of these options will fluctuate that much during a single day.   When I had my 100 free trades I had a blast.  I used all of them and probably made $2500 off of it doing small trades I normally would not have done because commissions would eat up too much.

There are some gotcha's, especially in an IRA.   It will be a cash account so you can't be short stock.  You also have to be careful near expiration, even on call options you have purchased.   The broker will usually auto exercise these options if they are in the money, which you would want done, but if your cash account does not have the money to buy the shares, the margin department will liquidate your position the next trading morning.   Since this is usually over the weekend, you can actually incur a huge loss even though your option was in the money on Friday.

An example:  You had 10 Tesla call options that expire on Friday August 29 at a $265 strike and Tesla closes at $265.50 after trading around $255 all day.   Your broker exercises the options because they are in the money (you have $500 profit based on the closing price vs your strike price) and you get 1000 Tesla shares.   If you didn't have $265,000 in your account though, the margin department will sell the shares Monday morning.   On Sunday it is discovered there is a major recall on model S and the stock gaps down Monday to $190.   Now you have a loss of $75,000.

Something similar to this did happen to a guy with Google options in his IRA but I do not know if policies have been changed such that it cannot happen.  His loss was far greater than his IRA balance or even the amount he could contribute for several years.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on September 02, 2014, 08:20:44 AM
TBF is got some giddy up this morning.  I see this position growing
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on September 02, 2014, 08:24:47 AM
This and the growing demand for Lithium should make SQM i winner for potential longer term holders imho but do your own homework. But you do get a nice divy while waiting.

From the Street of Dreams, Part Deux
SEP 2, 2014 | 8:40 AM EDT
Stock quotes in this article: TSLA
Tesla is upgraded at Stifel Nicolaus.

Stifel Nicolaus has upgraded Tesla Motors (TSLA), with a price target of $400 a share:

Stifel upgrades TSLA to Buy from Hold and sets target price at $400. TSLA appears to have carved out a defensible niche in the global market for luxury electric vehicles, and based on our recent tour of the Fremont, CA facility, a sizable head start with respect to production. Firm believes co is likely to further defend its already multi-year branding/production advantage relative to OEM peers chasing luxury EV share, and TSLA's Gigafactory will only augment its implicit battery cost advantage.
Title: Re: Active investors/Day Traders Thread
Post by: Alex239 on September 06, 2014, 05:14:40 AM
I'm really new at this stuff, and I had a couple questions:

Apple's under 95 right now. You guys think it's worth buying?

Second, especially for Roland: I managed to read about Gilead on some site, and bought a bit. Currently, I have 30 shares, and paid an average unit cost of 91.2. They're at 92.8 now. Obviously we're talking pennies here, that's about 3k invested in it, but do you think it's worth buying more? Should I hold out and sell at what, 100?

I have been getting an excellent education on options trading through tastytrade.com (not an employee or shill, just a happy viewer of their free content)

Unfortunately being in Switzerland you won't be able to take part in their dough platform or use the thinkorswim platform BUT i think their series of videos will be a great asset to get a solid undertanding of the whys and hows of Options.

They "sell premium" "define risk" "trade small" and encourage the retail investor to be as good as a pro without paying someone else to manage their investment account.  The definitions will make sense after watching their content for awhile.
Title: Re: Active investors/Day Traders Thread
Post by: smedleyb on September 08, 2014, 02:41:42 PM
Shorted the market heavily at the close.

The bears are back.

 
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on September 09, 2014, 05:19:57 AM
One sector I am dipping my toes in are the drillers. Getting very cheap and divy's is good.  But i am DCA in slowly
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on September 09, 2014, 06:02:02 AM
One sector I am dipping my toes in are the drillers. Getting very cheap and divy's is good.  But i am DCA in slowly

Specifically Seadrill?   It got downgraded to sell...
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on September 09, 2014, 07:26:25 PM
Today I messed around with Endocyte (ECYT), a biotech I have played around with a wee bit in the past.

I had purchased some shares last week for $6.61 (only 3,000) and today it popped to $7.38 so I sold half.   Evidently that wasn't a pop because I went to the bathroom, came back and it was trading at over $8.   It hit a high of $8.40 something but I held the remaining 1500 shares.   Possibly a mistake but I couldn't find much news on the increase and the volume was huge.  I sensed some people had inside info.

It is trading around $8.25 after hours.  I should probably take the rest of my profit and run but....
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on September 10, 2014, 04:24:30 AM
One sector I am dipping my toes in are the drillers. Getting very cheap and divy's is good.  But i am DCA in slowly

Specifically Seadrill?   It got downgraded to sell...



No , That is not one I bought !


Yesterday I dipped my toes into a basket of Tele's including TEF, Vod, VZ ...etc..
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on September 10, 2014, 08:42:44 AM
starting to dip my toes into FCX
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on September 10, 2014, 09:20:38 AM
starting to dip my toes into FCX

I have had my toes in 500 shares of FCX from $40, down to $29, and back up to $35.  They are starting to get waterlogged but I am holding.  At least it pays a divvy.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on September 10, 2014, 10:21:22 AM
What a ride!  I sold my other 1500 shares of Endocyte today for $8.80.   A lot better price than the $7.38 I got yesterday (which I thought at the time was a decent 3 day return from purchase at $6.61!).

Now watch it go to $20.

Must.  Not.  Check.  Future.  Price.
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on September 11, 2014, 04:55:17 AM
What a ride!  I sold my other 1500 shares of Endocyte today for $8.80.   A lot better price than the $7.38 I got yesterday (which I thought at the time was a decent 3 day return from purchase at $6.61!).

Now watch it go to $20.

Must.  Not.  Check.  Future.  Price.
starting to dip my toes into FCX

I have had my toes in 500 shares of FCX from $40, down to $29, and back up to $35.  They are starting to get waterlogged but I am holding.  At least it pays a divvy.



buying slow and gives some exposure to gold and like you said nice divy.  Solid company imho. 
Title: Re: Active investors/Day Traders Thread
Post by: smedleyb on September 11, 2014, 11:56:08 AM
What a ride!  I sold my other 1500 shares of Endocyte today for $8.80.   A lot better price than the $7.38 I got yesterday (which I thought at the time was a decent 3 day return from purchase at $6.61!).

Now watch it go to $20.

Must.  Not.  Check.  Future.  Price.

Nice trade!

 

Title: Re: Active investors/Day Traders Thread
Post by: Winston on September 19, 2014, 04:14:06 PM
For the longest time that I can remember I am 100% out of Equities.  Actually feels kinda good! not sure why! See how long it lasts! but i see myself shorting before going long barring something I just think is to cheap not to own but getting harder and harder to find

You bailed on Monif at $0.77?   Tax loss writeoff?


Yep! think its a year or two away but long term will be good. If it gets back down around .50 I will get back in barring some changes. Loss for now.

Well, MONIF is back around $0.50 since Visa announced they are looking to offload their investment in MONIF and instead compete with it directly. You looking to get back in, soccerluv?
Title: Re: Active investors/Day Traders Thread
Post by: soccerluvof4 on September 20, 2014, 05:52:40 AM
For the longest time that I can remember I am 100% out of Equities.  Actually feels kinda good! not sure why! See how long it lasts! but i see myself shorting before going long barring something I just think is to cheap not to own but getting harder and harder to find

You bailed on Monif at $0.77?   Tax loss writeoff?


Yep! think its a year or two away but long term will be good. If it gets back down around .50 I will get back in barring some changes. Loss for now.

Well, MONIF is back around $0.50 since Visa announced they are looking to offload their investment in MONIF and instead compete with it directly. You looking to get back in, soccerluv?


yes I am based if my research this weekend supports what I am hearing.  Its a total speculative to I expect it to be a wild ride however it has some good things going for it and alot of big buyers and insider buying just again on Friday.  But as of this minute I own none.



I did do some buying this week in AUY, PAAS, ESV, TEF, ABEV, CLF, FCX just to name a few
Title: Re: Active investors/Day Traders Thread
Post by: smedleyb on September 24, 2014, 07:57:14 AM
Still short.

Massive meltdown feels immanent.  Take with grain of salt, however, since I was shorting SPX around 1400 last year before throwing in the towel and choosing to run with the bulls instead.

This time feels different.  Call it a gut intuition.  Long TLT and SDS in size, and will cut and run from SDS should SPX exceed 2020. 
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on September 24, 2014, 07:41:29 PM
My gut feeling is the S&P500 is going to 2200 before any major pullback.

I am playing with a couple of bios right now (other than Gilead).  The nice thing about them is they do what they want to do even if the market is surging or crashing.   The DOW can be down 300 points and your bio might be up 65% that day.
Title: Re: Active investors/Day Traders Thread
Post by: smedleyb on September 25, 2014, 11:22:36 AM
My gut feeling is the S&P500 is going to 2200 before any major pullback.

I am playing with a couple of bios right now (other than Gilead).  The nice thing about them is they do what they want to do even if the market is surging or crashing.   The DOW can be down 300 points and your bio might be up 65% that day.

I rank GILD as one my top 5 longs for the next decade, and I owe it all to you!

(owned it, don't now, but will own it again soon enough).
Title: Re: Active investors/Day Traders Thread
Post by: smedleyb on September 25, 2014, 02:24:15 PM
Sold SDS and TLT positions at close.

Title: Re: Active investors/Day Traders Thread
Post by: thesinecure on September 25, 2014, 03:35:37 PM
Sold SDS and TLT positions at close.

you think that long term trend line holds here then?

i closed my SPXU position today as well.

i don't share Roland's enthusiasm for 2200.  i'm expecting some earning struggles for multi-nationals with a lot of overseas business for 3Q and likely some 4Q guidance reductions.  i think 1900 is the more likely scenario in the short run, but then again it's been far too long since a 10% correction.  I realize 1900 is only 5% or so, but there should be MAJOR support around that number.  I just don't know what would juice us higher right now, but I've felt that way for over a year and it's still chugging…until it doesn't.
Title: Re: Active investors/Day Traders Thread
Post by: smedleyb on September 25, 2014, 07:43:28 PM
Sold SDS and TLT positions at close.

you think that long term trend line holds here then?

i closed my SPXU position today as well.

i don't share Roland's enthusiasm for 2200.  i'm expecting some earning struggles for multi-nationals with a lot of overseas business for 3Q and likely some 4Q guidance reductions.  i think 1900 is the more likely scenario in the short run, but then again it's been far too long since a 10% correction.  I realize 1900 is only 5% or so, but there should be MAJOR support around that number.  I just don't know what would juice us higher right now, but I've felt that way for over a year and it's still chugging…until it doesn't.

Last two times Fed withdrew QE the market tumbled roughly 15-20%.  I feel history will rhyme yet again.





Title: Re: Active investors/Day Traders Thread
Post by: thesinecure on September 26, 2014, 08:28:04 AM
not sure i understand that reply, i think you're implying that because last time they withdrew the market went down so they won't ultimately withdraw

otherwise, you'd have held those positions

i tend to agree with that line of thinking, although one of these times it won't matter and the market will decline just because it does
Title: Re: Active investors/Day Traders Thread
Post by: richcatpoorcat on September 26, 2014, 08:45:46 AM
Great day to load back up on aapl and other tech sell offs
Title: Re: Active investors/Day Traders Thread
Post by: smedleyb on September 26, 2014, 12:23:26 PM
not sure i understand that reply, i think you're implying that because last time they withdrew the market went down so they won't ultimately withdraw

otherwise, you'd have held those positions

i tend to agree with that line of thinking, although one of these times it won't matter and the market will decline just because it does

QE ends in October.  I am anticipating market weakness on the heels of QE ending.

I covered my short (long SDS) and sold my TLT because I owned far too much of the former and a little too much of the latter, as well as I fully expected the market to bounce nicely over the coming sessions given yesterday's trouncing.

The game plan now is to short strength/bounces, using SPX 2020/2030 as my cut and run level on the short side.   
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on September 26, 2014, 03:09:49 PM
I took up a small position in cancer bio Endocyte again.   This Saturday is some news, which could send the stock to $5 or $15 (bought at $7).

Spin the wheel, I am ready to gamble!
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on September 27, 2014, 09:34:49 AM
I took up a small position in cancer bio Endocyte again.   This Saturday is some news, which could send the stock to $5 or $15 (bought at $7).

Spin the wheel, I am ready to gamble!

News came out today, 30% reduction in death using Endocyte's targeted drug.  I think we can rule out a drop to $5.

I need a big win.   Maybe....
Title: Re: Active investors/Day Traders Thread
Post by: Rob on September 27, 2014, 12:31:03 PM
Anyone have any stake in KORS? I am long with a couple different positions. After crushing earnings today, yet falling 6%, it seems like a screaming buy. I've got a pretty big % in already so I am hesitant to add more, but this company executes again and again and again and crushes estimates every time. They guide low every time, and crush it, yet the sentiment today seems to be concerns with guidance and margins. Just curious if anyone else has thoughts or a bear case.

For example Q1 EPS grew from $0.61 to $0.91. Q2 LY was $0.71, yet they guided $0.85 - $0.87. People have to realize that they are going to destroy that, right? I think they'll easily top $1B in revenue and come in around $0.95 EPS, if not higher. And I really don't see this brand losing any steam through the Holiday season. Eventually the crazy growth will stop but it just doesn't seem like it's happening yet to me.

I believe KORS was around $77 when I wrote this. Has continued to fall. I finally decided to buy more yesterday at $71.35. Can't wait to see earnings.
Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on September 27, 2014, 08:48:35 PM
I am getting more excited about Endocyte (ECYT) after today's presentation at ESMO.

I think this could be the next Gilead and this is 1999 (ie, 5 splits and 10000% ago)

Good results for Vinblastine but their more 100x more powerful drug completely cured breast cancer tumor tissue grafted into mice, something never done before.  It is in phase 1 trials now so a long time before it would reach market (maybe 2016/2017 if fast tracked?)

I might sell some for profit if it does spike Monday (no guarantees, it could go down for all I know about these markets and manipulations) but I am thinking of keeping a kilo of shares or so in my back pocket, just in case this IS the next Gilead.
Title: Re: Active investors/Day Traders Thread
Post by: smedleyb on September 27, 2014, 09:30:25 PM
Scanning individual charts (AAPL, JPM, FB, GILD) has me questioning my entire (short-term) bearish thesis.  These are not the charts of stocks about to "roll over".  And unless the leaders of the bull come for sale, how can this market crack?

I will humbly withdraw my "short bounces" thesis for next week, crawl meekly back to my bear hole, and let you merry bulls reap the bountiful rewards of this glorious bull.  Roland, make some motherfucking money for us Monday!





 

 

Title: Re: Active investors/Day Traders Thread
Post by: Roland of Gilead on September 27, 2014, 09:51:41 PM
I will humbly withdraw my "short bounces" thesis for next week, crawl meekly back to my bear hole, and let you merry bulls reap the bountiful rewards of this glorious bull.  Roland, make some motherfucking money for us Monday!

Heh heh, thanks smedleyb!   Will it be the lady or the tiger on Monday?
Title: Re: Active investors/Day Traders Thread
Post by: YoungInvestor on October 31, 2014, 06:45:19 PM
I just found out about this thread, and I thought I'd share:

I bought a bit of MFC at 20.62 thursday due to it's sub-10 P/E, it's up to 21.39 tonight. My current target is 23$. (Canadian Exchange, not NYSE). Nice 3.7% in two days.

I might keep it to sell covered calls if I don't find something else that's worthwhile.
Title: Re: Active investors/Day Traders Thread
Post by: Rob on November 04, 2014, 09:24:04 PM
Anyone have any stake in KORS? I am long with a couple different positions. After crushing earnings today, yet falling 6%, it seems like a screaming buy. I've got a pretty big % in already so I am hesitant to add more, but this company executes again and again and again and crushes estimates every time. They guide low every time, and crush it, yet the sentiment today seems to be concerns with guidance and margins. Just curious if anyone else has thoughts or a bear case.

For example Q1 EPS grew from $0.61 to $0.91. Q2 LY was $0.71, yet they guided $0.85 - $0.87. People have to realize that they are going to destroy that, right? I think they'll easily top $1B in revenue and come in around $0.95 EPS, if not higher. And I really don't see this brand losing any steam through the Holiday season. Eventually the crazy growth will stop but it just doesn't seem like it's happening yet to me.

I believe KORS was around $77 when I wrote this. Has continued to fall. I finally decided to buy more yesterday at $71.35. Can't wait to see earnings.

Well, KORS significantly beat even my rough projections today, announced a buy back, increased FY guidance... and got crushed down 8.5%. I really don't get it. Revenue growth at 42%, EPS slightly higher, yet the TTM P/E now lags the SP500. Frustrating.
Title: Re: Active investors/Day Traders Thread
Post by: Chuck on November 06, 2014, 11:59:46 AM
In early September I went long on AAPL, hoping for the 6 to be bigger than analysts were expecting. Bought in on a down day at 98.

I have not been disappointed, but now I'm not sure when to exit. Everyone at work is buying these things... how can I possibly cash out before the holiday quarter?
Title: Re: Active investors/Day Traders Thread
Post by: Numbers Man on November 10, 2014, 04:31:01 PM
Anyone have any stake in KORS? I am long with a couple different positions. After crushing earnings today, yet falling 6%, it seems like a screaming buy. I've got a pretty big % in already so I am hesitant to add more, but this company executes again and again and again and crushes estimates every time. They guide low every time, and crush it, yet the sentiment today seems to be concerns with guidance and margins. Just curious if anyone else has thoughts or a bear case.

For example Q1 EPS grew from $0.61 to $0.91. Q2 LY was $0.71, yet they guided $0.85 - $0.87. People have to realize that they are going to destroy that, right? I think they'll easily top $1B in revenue and come in around $0.95 EPS, if not higher. And I really don't see this brand losing any steam through the Holiday season. Eventually the crazy growth will stop but it just doesn't seem like it's happening yet to me.

I believe KORS was around $77 when I wrote this. Has continued to fall. I finally decided to buy more yesterday at $71.35. Can't wait to see earnings.

Well, KORS significantly beat even my rough projections today, announced a buy back, increased FY guidance... and got crushed down 8.5%. I really don't get it. Revenue growth at 42%, EPS slightly higher, yet the TTM P/E now lags the SP500. Frustrating.

I'll comment on KORS. I used to be a shareholder for most of 2013. Every time the stock seemed to advance the management announced a secondary offering, thus diluting the shares already out there. This happened about two or three times within a 6-9 month time period. I finally got out since management didn't seem to give a fuck about the investor based on their behavior. Now your mentioning that they are buying back their stock. Jesus, make up your mind management. I also heard a tidbit a couple of months ago that some founding fathers at KORS cashed out their stock. So I really get why investors are bailing on this stock.