In the May 28th issue of Barron’s, Tiernan Ray wrote an interesting article entitled “Summer Meltdown Unlikely for Tech”. I’ll list some of the highlights and quickly move to this picks I thought were worth a closer look. All investors know the cliche, sell in May and go away. Tech stocks don’t typically do well…
Month: May 2007
Joy Global, Inc (JOYG) pays off
The last thing I thought I’d be seeing when I checked my account during lunch was that I’d be up over $300 for the day so far. I thought the sorrows of China would carry over to us for more than a few hours. My biggest gainer of the day is Joy Global, Inc. (Ticker: JOYG). …
How much should a vacation cost?
We’re trying to plan for our next big vacation and I started to wonder how much should we spend on a vacation. For various reasons we haven’t been on a vacation in four years and we came back from that one pregnant. We missed vacations over the past few years due to being pregnant, having…
Option Trade on Monsanto (MON) – Naked Put
I hate Monsanto’s practice of creating Frankenfood, but the company is a cash flow machine with a huge future of bringing in more money for investors. I don’t recall if I read about MON in Smart Money or Barron’s and will update this sentence when I find the article. MON is growing and has some…
TTEK, Again
I wrote about Tetra Tech, Inc (NASDAQ:TTEK) almost a full month ago and considered selling puts on it. My limit never hit and it’s now time to regroup and consider a new move. I made the mistake of not continuing to follow it like I planned to when I entered my limit order, but looking…
Beginner Investor Series: How to Build a CD Ladder
I mentioned in my “About Me” page that my investment account is funded by money that I do not need in the short term. For this investing account that I blog about I have no plans to withdraw any of the principle or profits until I have stopped working full time. To give me such certainty…
CAT – Covered Call
Per my plans in my earlier post, I bought Caterpillar, Inc (CAT) in my IRA for 77.19 and waited briefly before selling a covered call at 1.85. I received $174.25 after commissions. I was planning to get in close to the market open, but once again my coworkers wanted me to work instead of trade…
Mad Money – Filtered Stock Picks
I rarely get a chance to watch Mad Money although I Tivo it and try to watch some, but I generally just read the recap on line. I list all of Cramer’s bullish picks and start my research on them from there. I also make sure none the stocks I have an interest in are…
Option Trade on Alcoa (AA) – Naked Puts
Jim Cramer is ranting about Dow stocks this week. I think he’s on to something with Alcoa Inc (NYSE: AA). While trading at 39.41, I sold 3 OTM puts on AA at the July 37.50 strike for 1.35. I received $392.75 after commissions. I considered selling ITM puts at the 40 strike for 2.40, but quickly…