Thank you @AverageJoe Their was a real twist of events on Softbank buying ARM holdings, as it caused S to take a dive but AMD to pop. As I have twice the amount of shares and 4 times the amount of calls on AMD as I do S that was better than the other way around. I think the selloff/short-sells was a overkill on S and I am looking for a move back up in the near term. BAC put me nicely back in the money from the Brexit buys and I am near a sell on CX. With AMD breaking out today my biggest gains were the AMD calls. My unit cost on the Jan 20th 2017 $5.50 calls was 12 cents and now @$1.02. This is my biggest gain with 186 days to expiration. My Biggest gainers today
TTT well plaid ... nice one.... I must check more your option mention (I play some but never too much time to DD you do it ) I came here to post this info (most likely you already know) https://finance.yahoo.com/news/whats-store-advanced-micro-amd-103510463.html
Thank you @Ciao Currently we have broader market pull back that was mush expected. The only green I have is BAC, with AMD is giving back some it's gains from it's big run yesterday but off the lows. S down from the big drop yesterday but trying to push back up.
DOW and SP taking a breather this morning as Nasdaq is up slightly. WPX taking off even with oil down. F continues the run on GM earnings. S may be taking the turn back up from the Softbank scenario. A little profit taking on UVE but expect it to break $21 again. AMD down 5 cents as earnings are after the bell.
The market breather turned into a meltdown level. This is when I like to buy stocks that are showing showing strength. I suggest waiting near the market close in case the drop increases to get the best price. Also you might want to make your buys a 2 tier in case there is a down market continuation tomorrow Showing Strength S - up 2.54% UVE - down 1/2% MPEL - Up .55% CX - down 1.02%
for info .. Oil Prices Weaken on Glut Fears http://www.wsj.com/articles/oil-prices-steady-on-u-s-stock-drawdown-1469096379 yesterday WPX moved nicely ... I saw that but I was onto other IMO is preparing the ground to go to $12 ... plenty more trades left for me
btw on WPX just seen this ... in case you missed have it Jul-21-16 Upgrade Robert W. Baird Neutral → Outperform $8 → $12
Yes I saw that and thanks, Ciao. When ever oil goes back up I may up my exit price on WPX With the markets down there are a lot of bright spots. AMD made a convincing beat yesterday and is currently up about 11.5%.. T that did not beat is up just under 2%. 3 of the 4 stocks I recommend yesterday are up in this down market (CX S UVE)
Ever so often I like do a self check on how I am doing compared to the DOW. My portfolio is up 26.01% and the DOW is up 13.61% for a 5 full months since transferring my account to Merrill Lynch. OK enough patting myself on the back If your portfolio and trades are not beating the Dow then it's time to make some adjustments.
YTD my portfolio is up 112%. A couple of reasons: 1. I did not spend much time on trading until I joined stockaholics, hence my Scottrade account was basically inactive. 2. Duo to the good returns of the followings: NVDA (lucky pick a few years back when it was traded at $19.90) LNKD (thanks to MSFT) AMD (big thanks to TTT)
I have been following Tip since before he took a vacation on the old website and my accounts have had a big boost thanks to his picks. Killing it now on AMD
As the markets are getting hammered, AMD (+15%) is has a big continuance of the breakout from last Friday. On a good ER, S is up over 27% currently. Maybe something is going on in Macau as MPEL and MGM both up in a down market,
This may have been the best day I have ever had with the broader markets down thanks to AMD and S each on breakout. It was not that long ago both of these were spec plays from me. AMD is not the biggest holding in my portfolio by the dollar amount but it is my biggest share count and I hold the most call versus my other stocks. I am now on free gratis on my existing calls from the call sells I made today. In other words I am now playing on the houses money AMD http://stockaholics.net/threads/amd-advanced-micro-devices-inc.39/#post-18121 S http://stockaholics.net/threads/s-sprint-corporation.165/#post-18120 MPEL http://stockaholics.net/threads/mpel-melco-crown-entertainment-limited.140/#post-18119 Check out the percent pop on the first call
As Markets are melting down, MPEL and MGM are up on Macau gaming data. S is ;up down with some profit taking from the 27% pop yesterday. AMD continues run off it's highs with markets turning down.
AMD and S taking the day off on over due profit taking. WPX is down as oil keeps declining and I suggest if you enter do it in tier buys as there is no way know how far oil will drop. I like a 1st tier by at or near $9. MPEL is holding good since it's run with earnings on tap for August 4th. CX popped out the gate strong moving to 7% up this morning. Waiting on the FED to speak.
It appears the markets are headed for a meltdown. I am getting hammered on my F position on earnings.Compounding divi's since 09 is keeping me a float. I have a little green with WPX, CX, and S. After the big profit taking on S yesterday it may be reading to re-continue the run. AMD down 3 cents and about the same bounce point as yesterday (7.75). MGM also up 7 cents
It appears another market meltdown is on the way. Through this UVE is up over 5% on earnings with AMD slightly down and S down but pushing to go higher with a market upturn. CX and WPX down slightly but holding good.
Overall it turned out to be a good week for my portfolio. This will be an interesting week for MGM and MPEL as they were down on WYNN's ER. Even though WYNN crushed the numbers the market did not like the Macau policy on tables allotted. Tomorrow the Macau gaming numbers should come out and MGM to report 08/02 and MPEL on 8/04. As I said in the CX, thread I closed out my position for a 33% profit. Good luck traders on the upcoming week Sometime the links don't work as expected and you might have to scroll one direction or another AMD - A bullish flag is forming http://stockaholics.net/threads/amd-advanced-micro-devices-inc.39/#post-18802 S - Test the $7 level? http://stockaholics.net/threads/s-sprint-corporation.165/#post-18807 UVE - Best Quarter ever http://stockaholics.net/threads/uve-universal-insurance-holdings-inc.599/#post-18805 WPX - May raise my exit price http://stockaholics.net/threads/wpx-wpx-energy-inc.136/#post-18794 T - The start of another run? http://stockaholics.net/threads/t-at-t-inc.74/#post-18795 CX - Closed the position http://stockaholics.net/threads/cx-cemex-s-a-b-de-c-v.170/#post-18765
