After buying my four July 40 calls on T for $0.30 I put a limit in to sell two of them at $0.70 to at least get me back to break even if it went up and came back down. That order hit near the end of the day yesterday and T kept climbing. I’m…
HAIN – Profit Taken
My trade I wrote about from Monday on HAIN in my IRA worked out for me. I bought 6 cents from the nine month low and my limit to sell hit today for a $119.93 profit in three days. I sold at 27.05 and since then HAIN went on to hit 27.41. I can’t be…
Hologic (HOLX) Naked Puts
When I’m trying to find a new stock pick to invest in one of my usual stops is Jim Cramer’s Mad Money. I got a video iPod for my birthday last week (I’m 36 now) and now have the opportunity to download Cramer’s Lightening Round podcasts and watch and listen to them on my walk from…
AT&T (T) – channeling stock redux
I wrote about AT&T (T) a week and a half ago and said it would have to pull back some before I threw my money at it. Now it has. Check out the attached chart at the bottom. T is sitting right on the bottom side of it’s trading channel. If you believe T will…
Hain (HAIN) Stock Purchase – Doubling Down
HAIN has been taking a beating lately, I think in large part due to the SEC investigation going on into their stock options practices. I don’t see this as a real threat to the long-term growth of their stock. I’ve owned HAIN for months in my IRA and have sold covered calls on it a…
Comcast (CMCSA) Stock Chart
I sold options, bought stock and took a loss on CMCSA a few months ago and heard Jim Cramer mention it again on Friday’s show during the lightening round. I’m not a buyer right now. I looked at its stock chart (attached below) and saw it’s at the top side of its fairly solid trading…
Recharging – Another Key in a Long-Term Strategy
I believe that without good breaks from the daily focus on spreadsheets, charts and news an individual investor (and possibly institutional investors) can hurt their longer term investments. As most part-time investors will attest, investing can be mentally draining endeavor. I work full time (although not very hard lately), invest part-time and try to maintain…
American Eagle Outfitters (AEO) could be ready to turn
I received the following question via email, “I was just wondering if you would give me a reading on the potential for AEO. To me, it looks to be at a bottom and may be a good candidate for some calls. What do you think?“ Personally, I haven’t had a lot of success with retail…
Month End Summary – June 2007
I ended down for the month of June, but still up for the quarter and still up over 30% annualized year to date. In the first quarter I had $6,688.43 in realized gains. In the second quarter I had $3,172.80 in realized gains. What this doesn’t show is that I’m down $2600+ on NYX, but…