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US Stocks Trading Dairy

Welcome to my trading dairy! I am totally new to trading, started this blog to jot down my analysis on the US market. Hope these homeworks will accelerate my learning curves in trading and in the long run master the art of trading and trade for a living. DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings. Copyright © 2006 US Stocks Trading Dairy Blog. All rights reserved.

Saturday, December 06, 2008

Exploring ways to earn passive income. Today found one quite interesting, sharing pic to get paid.

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Thank you all!

Sunday, May 04, 2008

Pocketed Peanut Profits On Adobe



With resistance level @ around $40.60, i set a contigent order for profit level if it breaks above $40. Truly on 2nd May, it released news to launched an alliance with cellphone handset and operating system makers aimed at boosting mobile Web surfing by making it easier for video and animated content to be seen across multiple mobile platforms. With DJ going up as well, the stock price closed at $40.38, my order triggered at $40.08.



A profit of $150.09

Wednesday, April 30, 2008

China Medical Tech - The Formation of Triangle

This stock caught my eyes when screening for 4G1R signal.
  • Downwards trendline drawn by connecting the higher low level at $46
  • Support level of $36 thereabout.

Looks like a formation of descending triangle, this will be confirmed if it breaks $36. If yes, this stock will be trending to the Downside. Added this stock into watchlist to monitor for the chance to SHORT.


Trading rules reminded by my sifu yesterday :-

1) If trending based on chart formation, do not enter the trade before the confirmation appears.

2) Even when 4R1G signal appears, if MACD shown divergence, give this stock a miss.

Tuesday, April 29, 2008

Two More CALL Options Loaded

On 21st April, two more charts sent out 4R1G signals when screened using XpertTrader. Adobe and Auxillium caught my eyes and contigent order placed.

1) Auxilium Pharmaceuticals Inc (AUXL)


Sector: Medical

Industry: MED/DRUGS

Stock Scouter Rating - 7

Next Earnings 30/4/2008

4R1G signal triggered on 21st April, contigent CALL order placed if stock price greater than $30.1. On 23rd April, the price went up to $30.26 and order triggered.

.UQXIF AUXL SEP 30 Call@$5.80

Lowest cut loss level $27.45, contigent order has been placed.











2) ADOBE - ADBE

Sector: Computer and Technology

Industry: COMP/SOFTWARE

Stock Scouter Rating - 10

Next Earnings 6/12/2008

4R1G signal triggered on 21st April, contigent CALL order placed if stock price greater than $36.75. On 23rd April, the price went up to $36.82 and order triggered.


.AEQJU ADBE OCT 37.5 Call@$3.20

Lowest cut loss level $35, contigent order has been placed.


Pocketed Profits for Apple but Penalty for Chatterm


AAPL

Missed to take profits last week when Apple went up to $169. Yesterday the price went up higher to $172, though there might be chance to ride the upwards trend, but risk is there too. If it fall, it could be sharp. I reckoned it was a decent profit hence I get out of the ship first.


Total Realised Gain - $930.08








CHTT

Cut loss level was triggered yesterday after the price hit $72. The comfort of contigent order has allowed me to stay discipline and admit this was a wrong trade.

My sifu has taught me to keep losses small. When trade is correct ensure the wins are much more than when u lost a trade.

Total Realised Loss - $269.91

Consumer-goods maker Chattem Inc (CHTT.O: Quote, Profile, Research) reported a 9 percent rise in first-quarter profit as the brands it bought from Johnson & Johnson (JNJ.N: Quote, Profile, Research) continued to propel margins despite a weak retail environment, sending its shares up as much as 7 percent.

The company, which makes and sells over-the-counter drugs, toiletries, cosmetics and dietary supplements, also reaffirmed its fiscal 2008 profit outlook, citing continued growth of its key brands and the success of the new products it launched under existing labels.
Chattem has posted strong results each quarter since it shook hands with Johnson & Johnson in late 2006 to buy five of the pharmaceutical giant's brands.

Tuesday, April 22, 2008

COVIDIEN LTD - COV


Sector: Medical
Industry: MED/DENTAL-SUPP


Stock Scouter Rating - 9
Next Earnings 5/5/2008

4R1G signal triggered on 18th April. On Monday, the price went above the highest value of $46.68, hence I went ahead with a CALL option with entry point $46.5.



.COVJI OCT 45 CALL @ $4.60



Lowest cut loss level $43.83 but lookout if it breaks the 22day MA.


Friday, April 18, 2008

ATHR Losses


Cut loss level triggered on 18th April after DJ up 200+ points currently.

ATHR trading at 24.51 (up 0.97), losses of $219.


AAPL trading at $160 now, sees profit but shall hold if can ride the upward trend. Placed a cut loss contigent order if AAPL trades less than $144.

Thursday, April 17, 2008

One Call, Two Put



1) Apple Computer - AAPL












4R1G signal triggered on 16th April. Today the open price is higher than yesterday's close, an indication to buy.

.APVGK AAPL JUL 155 Call @ $14.10. Expiry on July 08.




2) Chattern - CHTT













4G1R signal triggered on 11th April. Place a contigent order to queue at $5.90 and it was triggered on 16th April.


.HQTUM CHTT SEP 65 Put@ $5.80. Expiry on Sep 08.


Target profit level at $62, cut loss if it breaks above $72.




3) Atheros Comm - ATHR














4G1R signal triggered on 8th April. Place a contigent buy if price less than 22.67. Order triggered on 9th April to buy @ 22.66.


.QRARX ATHR JUN 22.5 Put@ $2.05. Expiry on JUN 08.


Contigent order has been placed if stock goes above $24.28 as cut loss level.