Really want to get back to the Inner Circle here, yet again, and start highlighting great trades, stocks ready to move, resistance/support level stocks, option traders, etc. etc. Read the rules or chime in with your objective analysis.
You know me, I've always been about the same thing since starting here going on 15 years ago. Objectivity, due-diligence, accountability and free sharing of information that all participants can benefit from. It's work wildly well for many years now and there's not reason to change the formula now.
Here are some of my recent trades/investments that are still on or working:
SPY: I have two March PUT positions open at $142 and $140.
DDD: Avg price of $31.36. First trade at 29.25 on 5/3/12. Current price of $60.67
SSYS: Avg price of $51.20. First trade at 51.2o on 5/3/12. Current price of $85.02
ONVO: Avg price of $2.30. Current price of $2.84.
The above stocks are all part of my 3D printing movement. I started researching heavily 3D printing in early 2012 and highlighted companies I wanted to watch. The first two are the clear leaders. ONVO is an unlisted stock (pink currently) that I wouldn't recommend for anyone other than as a small % holding. I buy shares of them with % amounts made from other positive trades toward building a large share holding. DDD/SSYS - Would like to add more but they have run hard and fast and the best strategy may be to sell PUTS to further build. I'm looking for the opportunity to do just that.
CRUS - Started a position in the low $26 range as a proxy play of Apple into the steep decline. Very nice valuation stock that has fallen from a high of $45 due to Apple issues. This is a medium term holder based solely on price action. Looking for $32+
UA - I've been on UA for a long time. From about $15 split adjusted. Currently $48.43. This is a very long term holder and I consider this a 10 year portfolio stock. My 10 year portfolio is made up of those stocks that I feel have the ability to be "retirement" (stocks that you only need one or two of to retire) stocks in the next decade. UA is big enough now to resist take-out plays and are still small in float to provide for share accumulation over a decade. They just recently split and, while they are richly value ... you have to accept that for high growth, high quality stocks.
Other 10-Year stocks: In addition to the 3D printers above, I also have CREE, ISRG, TSLA, ILMN and a few others. Always looking for more. I look for low float, reasonable debt and huge vertical market opportunity.
QCOM - Long term holder. As quality a stock as you will find if you want to play the mobile millennium.
FB - I still a bit underwater on the FB but not worried about that. Have been able to avg. to reduce the price and may look to sell PUTS as well to reduce my cost further. All analysts worry about slowing growth of their 1B users. I believe they're missing the opportunity. It's not about slowing growth, it's about monetizing their current users. If they are able to do that, to only a fraction of other tech companies, they're a $300+ stock. I'm not sold on their ability to do so, but I'm not betting against them. Personally, I'm not a big FB user.
AAPL - The stock people love to hate. Those that hate it have really missed the boat. Amazing how so many high flying stocks have so many angry followers. That's because they missed the boat. Apple has been my favorite trader over the past two years and I've had wildly positive success with it, similar to Google. The secret to trading high-flying momentum stocks is to be on the side of the collective ... that is, those people that move stocks. Individual companies could care less whether you own their stock or not ... stocks don't move based on an individual's like or hate for them. But investing/trading for the short term is a "flock" game. Apple is in no way a bubble, despite what you hear. Those that think it is are ignorant in the most polite way I can put it. Apple is a huge growth play and that growth will stop ... but a bubble it isn't. What's best about Apple is that it's nearly $200 of it's highs presenting an amazing opportunity ... eventually. Momentum takes a stock up ... and down. But long term strategy, model and execution makes money for investors. The best play for Apple is to trade around a long position. I've been long Apple quite some time now but have made FAR more by trading around the position. Now I'm waiting for the bottom to drop out with a day of capitulation that takes it below $500. My cash is sitting there and waiting ...... not easy to do. But with earnings coming out, I'm content for now.
I'm also holding multiple ETS and Mutual Funds. I have swapped out 80% of my MFs to ETFs due to efficiency needs and ease of manipulation for tax purposes, etc. Some of my larger holdings are EEM, IWR, BND, JNK, VT, VTI, SCHX, SCHA, LQD, PTTDX, MAPTX.
Also holding a few of my favorite Dividend plays: BMY, CTL, ETP, INTC, VZ, NLY, MSFT, DE, DIS, ETC.
Stocks that I'm most interested in trading: AAPL, GOOG, DDD, SSYS, FSLR. But honestly, with Apple still in focus, there is no better trading vehicles, especially when most of those other names are extended. Some are saying the glory days of Apple are over. I've seen it a thousand times before, just change the symbols. Watch what happens to it. I don't know when that will be but it WILL happen. That's the beauty of trading a stock like Apple.
Current Trade Stance: For the most part, I'm sitting on my hands and waiting for opportunities to come to me. Not willing to extend myself at this time. Watching Apple closely and hoping for a capitulation day or two below $500. Sorry about that to my long Apple friends. I'm long too. But the trading opportunity is too great to not wait for it.
Let's get some discussion going!
Cheers all and Happy New Year.
Tj |
