Home | Community | Message Board

Cannabis Seeds Zamnesia
This site includes paid links. Please support our sponsors.


Welcome to the Shroomery Message Board! You are experiencing a small sample of what the site has to offer. Please login or register to post messages and view our exclusive members-only content. You'll gain access to additional forums, file attachments, board customizations, encrypted private messages, and much more!

Shop: Unfolding Nature Unfolding Nature: Being in the Implicate Order   PhytoExtractum Maeng Da Thai Kratom Leaf Powder   Kraken Kratom Red Vein Kratom

Jump to first unread post Pages: < First | < Back | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | 91 | 92 | 93 | 94 | 95 | 96 | 97 | 98 | 99 | 100 | 101 | 102 | Next > | Last >
Offlinescatmanrav
Brainy Smurf


Registered: 05/08/04
Posts: 11,483
Loc: Flag
Last seen: 11 years, 26 days
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Ahab McBathsalts]
    #17497336 - 01/04/13 02:37 PM (11 years, 26 days ago)

Yes indeed I hope everyone starts to get long. Everythings a bit extended right now, but there are lots of great moves to make. I'm in and out of/watching AAPL, GOOG, ALK, ANR, F, NFLX, SPWR, SVXY, C, FB, RIG, V among others.


--------------------
"life is like a drop of rain getting closer and closer to falling into a lake, and then when you hit the lake there is no more rain drop, only the lake."

Growing with bags, start to finish (including my new grain and substrate prep)
Anyone looking to start bulk tubs/mono tubs/shotgun hybrids? Good tubs to use..
How I do grain (old still good tips)
Turn your closet into a fruiting chamber
Casing layer colonization and overlay


Extras: Filter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 3 hours, 10 minutes
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
    #17546031 - 01/14/13 09:21 AM (11 years, 16 days ago)

Just a quick note that I closed out my JPM Feb $41 calls for a 94% gain this morning.  Today is the first day I opened up my screens on the market in many weeks.  Though there have been several opportunities throughout December that I missed, the time off was necessary to allow me to enjoy more of my life and forget about trends and price action and all that technical garbage that is so necessary to pay mind to whilst actively trading.  I'm not sure if I'm going to come back to trading as often as I used to, but I will start to monitor the markets a little more closely now that the holidays are behind us.  At this juncture, my only exposure to stocks is in PSEC, NLY, and AGNC.  I am mindful that the S&P is banging up against the September 2012 highs of 1475.  If we break through that level, I would expect us to test the 2007 highs around 1550.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Filter Print Post Top
InvisibleKeru

Registered: 10/25/12
Posts: 301
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
    #17546130 - 01/14/13 09:42 AM (11 years, 16 days ago)

Quote:

geokills said:
  At this juncture, my only exposure to stocks is in PSEC, NLY, and AGNC.




Would you mind commenting on these, and what kinds of positions you are holding? These all appear to be at their 52-week lows, but what indications do we have to assume they will find new momentum sometime in the near future?


Extras: Filter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 3 hours, 10 minutes
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Keru]
    #17546211 - 01/14/13 10:01 AM (11 years, 16 days ago)

I am not holding the aforementioned positions for capital price appreciation.  They are being held for their cash flow (i.e. dividend) purpose, with yields between 11 - 17% annually at the current share prices.  I've held them for years already and they have made me a good lot of money.  On the capital gain/loss side, I have been smart about buying them, so the worst position of the three (NLY) is still only 3% below my average cost basis.  AGNC is 17% above and PSEC is 3% above their respective cost basis.  So not only have I been capturing the dividend, but in aggregate I have also benefited from capital appreciation on the underlying share value.

While I initially started investing with a longer time horizon, the volatility of the markets over the past several years has morphed my trading strategy into one of more opportunistic shorter term trading.  This suits me, since I work from home and have the luxury of watching my positions in real time, most of the time.  On the other hand, it is also more wearing mentally, since it requires greater attention and activity.  This is one of the reasons, as you can presently see, I have sold out of everything except a small basket of high dividend stocks that I simply hold for cash flow purposes.

I am also in the process of allocating more of my assets into real estate, which is another reason I am not racing to jump back into the stock market.  Additionally, I maintain a portfolio on LendingClub.com for peer to peer loans which have achieved 10 - 13% annual yields over the two+ years I have been managing them.  I also maintain a portfolio of precious metals comprised of gold and silver.

Of course, even as I may not trade as actively as I once did, I will always keep an eye out for severe price dislocation, in order to take advantage of major swings in the aggregate stock market.  My dirty little (not so) secret for the day, I shorted a handful of FB since it has run very impressively over the past two weeks and today is lagging the market in a pretty big way.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Filter Print Post Top
InvisibleKeru

Registered: 10/25/12
Posts: 301
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
    #17546382 - 01/14/13 10:45 AM (11 years, 16 days ago)

Thanks for the detailed answer. 11-17% dividends is certainly a substantial amount.


Extras: Filter Print Post Top
InvisibleGilgamesh18
Herbivore Man

Registered: 03/01/12
Posts: 11,671
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Keru]
    #17546430 - 01/14/13 10:58 AM (11 years, 16 days ago)

Quote:

geokills said:
I am not holding the aforementioned positions for capital price appreciation.  They are being held for their cash flow (i.e. dividend) purpose, with yields between 11 - 17% annually at the current share prices.  I've held them for years already and they have made me a good lot of money.  On the capital gain/loss side, I have been smart about buying them, so the worst position of the three (NLY) is still only 3% below my average cost basis.  AGNC is 17% above and PSEC is 3% above their respective cost basis.  So not only have I been capturing the dividend, but in aggregate I have also benefited from capital appreciation on the underlying share value.

While I initially started investing with a longer time horizon, the volatility of the markets over the past several years has morphed my trading strategy into one of more opportunistic shorter term trading.  This suits me, since I work from home and have the luxury of watching my positions in real time, most of the time.  On the other hand, it is also more wearing mentally, since it requires greater attention and activity.  This is one of the reasons, as you can presently see, I have sold out of everything except a small basket of high dividend stocks that I simply hold for cash flow purposes.

I am also in the process of allocating more of my assets into real estate, which is another reason I am not racing to jump back into the stock market.  Additionally, I maintain a portfolio on LendingClub.com for peer to peer loans which have achieved 10 - 13% annual yields over the two  years I have been managing them.  I also maintain a portfolio of precious metals comprised of gold and silver.

Of course, even as I may not trade as actively as I once did, I will always keep an eye out for severe price dislocation, in order to take advantage of major swings in the aggregate stock market.  My dirty little (not so) secret for the day, I shorted a handful of FB since it has run very impressively over the past two weeks and today is lagging the market in a pretty big way.




Lendingclub has netted me some great returns as well I am in the process of adding more cash into my account. At the present moment I am expected to bring in 50 dollars a month from all my notes which will be reinvested back into the account. It will be exciting to see were I am at a couple years from now.


--------------------


Extras: Filter Print Post Top
Offlineqman
Stranger

Registered: 12/06/06
Posts: 34,927
Last seen: 1 day, 12 hours
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Gilgamesh18]
    #17546621 - 01/14/13 11:36 AM (11 years, 16 days ago)

Just a few thoughts on Apple stock here today, now trading down to the $500 level, what is going on where?

The stock looks cheap from many different measurements, PE at 11, PEG at around .50, a 2% dividend yield with just a 6% payout ratio (which means in theory the stock could yield 32%!!

Why so cheap then?  My guess is that the growth rate of 25% is going to be ancient history moving forward, 25% growth rates are not sustainable for a company this large, I would not be surprised to see 15% growth rates in the coming years, at least that is what the market is already pricing the stock.

We must remember, the technology sector is the most competitive and deflationary of all economic sectors. It is very difficult to remain a dominant force for very long, they are not making aircraft engines, they have to consistently create new innovation and fight off tough competition.


Extras: Filter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 3 hours, 10 minutes
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: qman]
    #17546692 - 01/14/13 11:49 AM (11 years, 16 days ago)

AAPL came out with news that they have been cutting orders for parts on their iPhone 5 due to less than anticipated demand.  And yes, I agree that a company as it has grown so large, will obviously have an increasingly difficult time maintaining a proportional growth rate.  Adoption of smart phone systems in aggregate is definitely past the initial phase, I can't go anywhere in public here in the US without seeing people on these devices.  And while I understand that there is still plenty of room for global growth in this sector, I also understand that there are many capable competing products now available to consumers.  Lastly, a stock can only continue higher so long as there are buyers for it.  AAPL has been a major holding for almost every major (and small time) investor, so even if the company keeps performing, individual portfolio managers have likely allocated enough of their capital to the stock to consider themselves as having a "full" position.  With no additional capital available to allocate, for fear of becoming to concentrated in one specific name or story, the rocket fuel behind AAPL's tremendous assent has been dwindling.

Of course, if AAPL can negotiate a favorable licensing contract with the video media sector that produces television series and movies, and can subsequently integrate such licensing into a proprietary Apple TV product, this could be a catalyst for another major leg higher.  It is a lofty aspiration however, as Steve Jobs has historically been principally responsible for selling/bullying content providers into favorable licensing agreements with Apple, and I'm not certain that the current pool of executives is so well equipped to work such magic.

In summary, it's a tough call.  I don't think there's anything wrong with owning Apple for the long term, but as with everything else, it's future is not yet written and we won't know how the stock will react until we get to view it in hindsight.  Place your bets... For my part, I'm just waiting and watching.  Now if AAPL made its way down to $400 and yielded ~2.5%, I would definitely be adding.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Filter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 3 hours, 10 minutes
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
    #17551720 - 01/15/13 11:32 AM (11 years, 15 days ago)

I am out of my FB short, the stock still looks poised for more downside, but they are having some sort of conference today about new features and the stock is simply too volatile for my liking (and in all honesty, my position was way too big for just getting back into this after over a month hiatus).  In fact, I have a bid in for some Jan 2015 $32 calls just as a high flier, in the event the company can find a way to monetize its large member base.  The order probably won't get filled unless the stock retreats back to $29.

In other news, I purchased a tranche of Mexican 1 oz silver Libertads and American 1 oz silver Eagles today, and will be watching for further weakness to add to my gold reserves.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Filter Print Post Top
InvisibleMafeki
Umadbro

Registered: 04/24/11
Posts: 3,884
Loc: Jamaica
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
    #17552537 - 01/15/13 02:43 PM (11 years, 15 days ago)

Maybe a better guide would be a bunch of links and a description of the wiki links.

There are three major versions of the hypothesis: "weak", "semi-strong", and "strong". The weak-form EMH claims that prices on traded assets (e.g., stocks, bonds, or property) already reflect all past publicly available information
http://en.wikipedia.org/wiki/Efficient-market_hypothesis

GARP investing was popularized by legendary Fidelity manager Peter Lynch.
Read more: http://www.investopedia.com/terms/g/garp.asp#ixzz2I5Cby0Ni
and then some good examples G.A.R.P
Growth
At
Reasonable
Price

Peter Lynch basically beat the market and for many years.

I'm too tired to add more just your post seems to be missing a lot of fundamentals to investing.


--------------------


Extras: Filter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 3 hours, 10 minutes
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Mafeki]
    #17552617 - 01/15/13 03:01 PM (11 years, 15 days ago)

Perhaps, but you should understand that I created the guide as much to help myself reinforce my own understanding and personal growth, as I did to stir up some intrigue and basic understanding in others.  I am by far from an expert, and indeed I should go and revise the primary document at the beginning of this thread, since it has been quite some time since I last did, as my knowledge (and the markets) continue to evolve.  But look, this thread isn't a discourse in every trading strategy out there, it's simply a thread about my general trading strategy and a place for other Shroomery traders to talk shop.  I don't think that most people who trade need to delve deeply into into the study of efficient market hypothesis, GARP investing, or what have you (though in fact, I have focused on one of the central tenets of GARP investing, namely the PEG ratio, throughout this thread).  Traders just need to figure out what works for them, as everyone who manages their own money will ultimately develop their own personal style, based on their desired level of complexity, capital consideration, time and risk tolerance.  Nevertheless, I will make a point to include more links for those interested in expanded knowledge, if and when I do take on a subsequent revision.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Filter Print Post Top
InvisibleStonehenge
Alt Center
Male User Gallery

Registered: 06/20/04
Posts: 14,850
Loc: S.E.
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
    #17558001 - 01/16/13 04:54 PM (11 years, 14 days ago)

Geo, you just mentioned silver and possibly gold. How do you feel about the fact germany has demanded its gold from france and started removing its gold from usa as well? Do you think this is the start of a trend and how will it affect gold and other pm's?

If either country was unable to come up with all the gold, that could start a panic or a trend. You just never know.


--------------------
“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835)

Trade list http://www.shroomery.org/forums/showflat.php/Number/18047755


Extras: Filter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 3 hours, 10 minutes
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Stonehenge]
    #17558701 - 01/16/13 06:51 PM (11 years, 14 days ago)

I don't presume to know what exactly that may mean, but I will admit that it served as a catalyst for my purchase earlier this week.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Filter Print Post Top
OfflineBambi
Friendly Forrest Animal
Male User Gallery


Folding@home Statistics
Registered: 03/22/09
Posts: 1,668
Last seen: 6 months, 29 days
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
    #17560179 - 01/16/13 11:43 PM (11 years, 14 days ago)

Started the year off strong, but bought a loser which is attempting to drag me down to a neutral YTD performance :thumbdown: Oh well

In other news. I made a portfolio performance spreadsheet if anyone is interested. However DO NOT fill this out. This is a public file where anyone with the link can see. Please download and fill out your own copy, not the template.

Edit: Link has been removed. PM if interested.

When checking out what my brokerage has to offer, the data seems to be a bit lacking, so I made my own. This sheet doesnt display all info possible, but I feel it shows the more important points. It requires that the purple cells be filled out and that the dividend data tab be filled out as well. Gotta say, it was pretty fun creating all the formulas and making sure they work :nerd:

Comments and suggestions concerning the info displayed are welcome.


--------------------


"I want to read, talk with my friends via the computer, and enjoy my life now that people know I'm not dead. " -Rom Houben


Edited by Bambi (01/21/13 09:13 PM)


Extras: Filter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 3 hours, 10 minutes
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
    #17561576 - 01/17/13 09:43 AM (11 years, 13 days ago)

Silver and Gold are starting to break through their 200 day simple moving averages today, making a pretty solid move to the upside on good volume.  I am now picking up a sizable position in the SPY, as a placeholder for aggregate market exposure since I don't feel like picking individual stocks, but acknowledge that the market is breaking out to new highs after weeks of consolidation in a tight range.  Partial stop at $147.58, second stop just below the intraday low at $147.19.  I would not be surprised, if a slew of poor earnings or macro data were to result in a quick draw back to ~$145 on the SPY (~1450 on the S&P), at which case I would have been stopped out of this position for a very small loss and would look to do some more targeted buying.  I have the range between $142.50 - $143.75 pegged as the most solid near-term support on the SPY.  A meaningful fall below that level (ie. on a closing basis for more than one day) would make me extremely cautious.  Otherwise, it looks like we are poised to continue marching higher with sights set to test the 2007 highs above $157.








--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Filter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 3 hours, 10 minutes
Covered Call Strategy on the SPY [Re: geokills]
    #17562231 - 01/17/13 12:36 PM (11 years, 13 days ago)

I have now removed my sell stops and sold covered calls against my SPY position, since it has been working in my favor and I do not expect a meaningful reversal tomorrow, but I also do not necessarily expect the SPY to continue advancing strongly in front of the long weekend.

Specifically, I sold one Jan 19 SPY $148.50 call contract for every 100 shares of SPY that I purchased this morning.

Each call option that I sold brought in $40, which places upon me the obligation to deliver 100 shares of SPY common stock, for each call sold, IF the SPY is at or above $148.50.  This obligation expires at the end of trading tomorrow.

Since the cost basis on my SPY shares is $147.86, this means that if SPY is at or above $148.50 at the end of trading tomorrow, my shares will be called away from me and I will keep the $40 per call sold, in addition to the profit of ($148.50 - $147.86) * 100 = $64, for a total profit of $104 for every 100 shares of SPY I purchased.

If the SPY is below $148.50 at the close of trading tomorrow, my shares will not be called away from me, but I still get to keep the $40 for each call option that I sold today, and my obligation to deliver shares of SPY @ $148.50 will expire.  This will effectively lower the cost basis of my SPY shares from $147.86 to $147.46.

The covered call strategy is the most conservative option strategy that can be used with any stock for which options trade.  I recommend this strategy as a starting point to anyone who is unfamiliar with options and wants to try their hand at trading them.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Filter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 3 hours, 10 minutes
Stock Update for January 18, 2012 - SPY, FB, ANR, CLF, NBR [Re: geokills]
    #17568506 - 01/18/13 03:13 PM (11 years, 12 days ago)

Well it looks like I'm getting back into this thing rather quickly! :tongue2:

My covered call trade on the SPY worked well.  The $148.50 calls I sold for $40 a pop are expiring worthless, with the SPY tagging $148.49 right near the close (almost got called away), but backing off to a final close at $148.33.  Thus, I keep my aggregate exposure to the market, effectively having lowered my cost basis in the SPY position, and will look to sell additional calls next week to further lower that basis.

I have also opened up several other trades over the past few days.  Picked up those FB January 2015 $32 calls I had previously mentioned bidding on.  It's a small starter position for now, and I will just wait to see if FB continues to retreat back toward its 200 day simple moving average, which is also very near to the uptrending 50 day moving average.  Given the price action today, I'm thinking it very well might get down to that level next week, at which point I will likely add to the position, wait for it to become profitable, and then sell shorter term calls against it to form what is known as a Calendar Spread, which will serve to generate income (effectively lowering my cost basis), if I choose the appropriate out of the money calls to short with the intent that they will expire worthless, so that I can lather, rinse and repeat for the next couple of years... kind of like a dividend when done properly.  This is essentially the same strategy as the Covered Call I discussed in my last post, except that I am substituting the common stock for a long dated call option.

   


Next up, I purchased a nice chunk of ANR common stock on Thursday since the stock is in a pretty nice uptrend after an absolutely brutal selloff that transpired over the past two years, which took the price from $68 all the way down to $5 and change.  The charts should speak for themselves, with the stock in a very well defined channel.  Already up nicely with today's bounce off the 200 day exponential moving average and will be raising my stop to breakeven, although I think this has some serious room to run.  In fact, depending on what the price action looks like early next week, I may just forget about using a stop and instead sell covered calls against the position similarly to what I did with the SPY in the above post.

   


Then we got CLF, which is starting to coil up in a volatility squeeze right above its 50 day moving average.  This stock has also been brutalized over the past two years, falling from $102.48 to $28.05, presently at $37.25.  Due to the large volume spikes over the last quarter of 2012, the stock looks like it is putting in a base and will begin to move higher.  I am playing this one via Jan 2014 $30 calls, which I will use to make a calendar spread, similarly to the FB long term call option position I discussed two paragraphs up.

   


Lastly, we have NBR, which has been in a fairly wide basing pattern for a year and a half, and for which I am simply selling (naked shorting) some February $16 puts.  I took in $77 for each contract I sold, which will place upon me the obligation to purchase 100 shares of NBR at $16 IF NBR is below $16 on February 16th.  So if these shares get "put" to me, my effective cost basis will be $16 - $0.77/share = $15.23/share, right at the stock's 200 day simple moving average.  I am comfortable with that.  And if NBR is above $16 on February 16th, the options will expire worthless and I just get to keep the $77 per contract sold, end of story.

   


Primary account portfolio summary:
  • Long common stock: SPY, ANR, PSEC, NLY, AGNC
  • Long call options: CLF Jan 2014 $18, FB Jan 2015 $32
  • Short call options: SPY $148.50 (expiring worthless today for a 100% gain)
  • Short put options: NBR Feb 2013 $16
  • Trading account is 21% in cash (though 7.4% of that is committed as a maintenance expense for the short puts on NBR)


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Filter Print Post Top
InvisibleAhab McBathsalts
OTD Windmill Administrator
Other User Gallery Ultimate Champion: Blackjack


Folding@home Statistics
Registered: 11/25/02
Posts: 35,107
Loc: Wind Turbine, AB Flag
Re: Stock Update for January 18, 2012 - SPY, FB, ANR, CLF, NBR [Re: geokills]
    #17592255 - 01/22/13 06:42 PM (11 years, 8 days ago)

MO, T, LMT, EXC, & VZ


A cool little article I read today about dividend stocks and long term rates of return.

Dividend stocks are pretty boring, and you might not get the same results as more aggressive trading strategies, but it reaffirms my love for Philip Morris. Annualized, of course.



--------------------
"Nobody exists on purpose. Nobody belongs anywhere. Everybody's going to die."


Extras: Filter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 3 hours, 10 minutes
Re: Stock Update for January 18, 2012 - SPY, FB, ANR, CLF, NBR [Re: geokills]
    #17592953 - 01/22/13 08:34 PM (11 years, 8 days ago)

Agreed that there should be a place for income related (ie. dividend paying) stocks in any portfolio.  Hence why I continue to hold PSEC, NLY and AGNC.

Sold weekly calls (again) against my SPY position, using the $149 strike.  Given the strong close today, I could have captured more premium (took in $50/contract vs the close of closer to $80/contract)... but even if my shares get called away this Friday, this will have been a fantastic ten day trade.

All of the other positions discussed above (FB, ANR, CLF and NBR) are also working really well. 
Today was my best day in months, granted I wasn't trading in December. :wink:


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Filter Print Post Top
InvisibleGilgamesh18
Herbivore Man

Registered: 03/01/12
Posts: 11,671
Re: Stock Update for January 18, 2012 - SPY, FB, ANR, CLF, NBR [Re: geokills]
    #17593393 - 01/22/13 09:28 PM (11 years, 8 days ago)

So what kind of returns do the dividend paying stocks give you? Can the dividends be automatically reinvested sorry just curious.


--------------------


Extras: Filter Print Post Top
Jump to top Pages: < First | < Back | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | 91 | 92 | 93 | 94 | 95 | 96 | 97 | 98 | 99 | 100 | 101 | 102 | Next > | Last >

Shop: Unfolding Nature Unfolding Nature: Being in the Implicate Order   PhytoExtractum Maeng Da Thai Kratom Leaf Powder   Kraken Kratom Red Vein Kratom


Similar ThreadsPosterViewsRepliesLast post
* Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects
( 1 2 3 4 ... 500 501 )
geokillsA 250,330 10,002 01/27/24 05:04 PM
by geokills
* Does this look legit? The24HourMC 1,559 1 03/01/10 02:43 PM
by geokills
* Helium Network [US]: Low Cost Mobile Service with ROI for Providing Distributed Connectivity geokillsA 205 0 01/21/24 10:48 AM
by geokills
* Pretty good interest on my savings, but best strat? skOsH 190 4 01/21/24 03:40 PM
by Bungmurphy

Extra information
You cannot start new topics / You cannot reply to topics
HTML is disabled / BBCode is enabled
Moderator: geokills, automan
296,585 topic views. 0 members, 2 guests and 2 web crawlers are browsing this forum.
[ Show Images Only | Sort by Score | Print Topic ]
Search this thread:

Copyright 1997-2024 Mind Media. Some rights reserved.

Generated in 0.037 seconds spending 0.008 seconds on 15 queries.