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@nfol-io
RAD 25% in 4 Days
If I could do this well every trading day, I'd be ahead 2288%.
10/23RADRite Aid$6.18$7.7525.08%2288.38%10/27
And you know I would if I could... This trade had help from a buyout in the works by Walgreens WAG. I was completely oblivious, and just counting on the usual fluctuation. My limit order triggered automatically -- I wonder how much I could have gotten if I'd waited closer to the acquisition?
Happy trading!
Five of Six are Winners
I'm glad I re-arranged the portfolio Friday. Five out of six of my new holdings are gainers today. AAPL and BF.B are long-term holdings purchased some months ago.
RAD-1.62% JCP0.88% BAX0.96% SRCL3.12% P5.51% DUST9.94%
AAPL1.31% BF.B16.80%
Still Losing:
LINE BGFV CEFL MMP OKS VYM
MCD out +19% DUST, BAX, SRCL, JCP in.
It was time to clean out the portfolio, in fact overdue.
I bought DUST near its 52-week low. Grabbed up RAD on a dip and P (Pandora) on a 30% dip. Hoping for a dead cat bounce. JC Penney JCP has long been on my list of oscillators. Hoping for a short term fade. Stericycle SRCL and Baxter BAX helped to balance out my holding, which were heavy in tech and petroleum.
McDonalds (MCD) finally recovered, in fact shot up over the last week. Exited with 19% profit.
DateIn Tick Name Cost Price P/L %Yr DateOut Held 12/8MCDMcDonalds$92.90$111.4319.60%22.43%10/23319
10/23BAXStericycle Waste - Cyclical$35.57 10/23SRCLBaxter International$119.36 10/23DUSTDirexion Shares Trust Daily Gld Miners Bear 3x Shrs$11.97 10/23PPandora$12.35 10/23JCPJC Penney$9.07 10/23RADRite Aid$6.18
Continued Holds
Apple and Brown Forman are the only two gainers among my continued holdings. Oil may come back some day. In the meantime, I am collecting dividends. Big Five is just embarrassing. Looking for a little rise in it to contain losses.
7/31BGFVBig Five sporting goods$20.58 6/4GASFXHennessy Gas Utility Index Fund Investor Class$29.79 11/6CEFLUBS Ag London Brh Etracs Mth 2xlv$26.10 11/21MMPMagellan Midstream Partners MLP$87.31 11/21LINELinn Energy LLC Units$23.46 12/1OKSOKS$41.73 12/1VYMVanguard High Dividend Yield Index ETF$69.71 12/1AAPLApple$114.52 12/2AAPLApple$113.50 12/3BF.BBrown Forman$92.01
DUST up
Gold prices plummeted, and gold miners suffered an $8 Billion erasure of their value today. I tuned into this after market close, and offered my shares of inverse leveraged DUST for $35.91.
DIREXION DAILY GOLD MINERS12/30/1424.36509,745.9935.9147.38%
They sold instantly, for a 47.3% profit. This was a welcome change, as I have been watching my petroleum MLPs create dividends but plummet in price.
I am holding on other positions as follows:
Winners: AAPL, BF-B, MCD
Losers: LINE, MMP, GASFX, OONEOK, BGFV, LGCY, VYM
Statistics on investment companies and their growing share of household assets
DUST-up and High FIVE
I executed my third sale of my Golden Bear (DUST) at a 16% profit for 2 days. Bear might be a frequent flyer in my portfolio, at least until Gold recovers. I could pair-trade it with the opposite ETF, NUGT, I suppose. Leveraged 3x up, 3x down...
From Yahoo! Market Movers list, I caught Five Below (FIVE), a kid-oriented retailer with merchandise $5 and lower. It dipped 14% or so, and I caught almost 2% of the bounce. Not very familiar with this stock, so I did not hold out for more upside.
Otherwise, December 5th was another day of mostly waiting on unsettled funds.
DateIn Tick Name Cost Price P/L %Yr DateOut Held 12/5FIVEFive Below$37.01$37.851.98%722.17%12/51 12/3DUSTDirexion Shares Trust Daily Gld Miners Bear 3x Shrs$22.79$26.5116.02%2923.98%12/52
Trinity Industries (TRN) looks good.
Continued Holds
Linn Energy LLC (LINE) sank for the first time since my larger purchase. I am still bullish on the long-term prospects for this high-yield MLP. One OK (OKS) and Apple (AAPL) rose again.
ONEOK L.P. High-Yield Signals, Positive Guidance
Zacks: ONEOK Partners (OKS) Ups Financial Guidance for 2015 24/7 Wall St. MLP Watch: ONEOK Partners Signals Continued High-Yield Distribution Growth
Get in LINE
I sold off a REIT, iShares Mortgage Real Estate (REM), yesterday. Its returns are lackluster, and I want to explore higher quality REITs.
DateIn Tick Name Cost Price P/L %Yr DateOut Held 6/10REMiShares Mortgage Real Estate Capped$12.80$12.683.46%7.18%12/3176
Continued Holds
Linn Energy LLC (LINE) and One OK (OKS) rose again. Apple AAPL and my Golden Bear (DUST) are doing well. About 50% of my total portfolios is now in some form of Energy. I will adjust that, after waiting for an oil recovery. I am waiting on unsettled funds.
New Holdings
I bought Brown Forman (BF.B) on the dip of December 3. Very solid company, good fundamentals, and dividends record. As far as I can tell, it is "triple-dipping":
Mixed outlook
Ex-dividend passed
Russia "Tension"
It is down again December 4, and I still consider it a BUY.
DateIn Tick Name Cost Target Price 12/3BF.BBrown Forman Corp12/3$92.01 $96.00
Watching Oil Rise
I could not watch ProShares Short VIX (SVXY) closely today, so I cut the target, and missed out on some upside.
DateIn Tick Name Cost Price P/L %Yr DateOut Held 12/1SVXYProShares Short VIX Short-Term Futures ETF$72.93$74.181.44%525.12%12/21
Continued Holds
Linn Energy LLC (LINE) is gradually rising. One OK (OKS) bounced 6.21% for me. Everything in my portfolios rose slightly, except for PBR, GME, and PAA. I considered selling some of the Energy MLPs (MMP, PAA, OKS) to rebalance after the LINE purchases. I still believe that the MLPs are a good play, though I wish I had waited a week on some!
New Holdings
I re-entered Vanguard High Dividend (VYM) yesterday, and added to my Apple position today.
DateIn Tick Name Cost 12/2AAPLApple$113.50 12/1VYMVanguard High Dividend Yield Index ETF$69.71
LINE, LINE, LINE
On December 1st, I sold Berkshire B and TZA to free up capital to buy Linn Energy (LINE). Berkshire B isn't normally a short-term trade for me. However, the gain was about 50% annualized, and the sale made room for an opportunity.
Vanguard High Dividend Yield Index ETF (VYM) stopped out at about a six percent profit. I would rather have let it ride; that is the trouble with trailing stops.
DateIn Tick Name Cost Price P/L %Yr DateOut Held 11/18BRK.BBerkshire Hathaway B$146.17$148.791.77%50%12/113 6/24VYMVanguard High Dividend Yield Index ETF$66.36$69.586.05%13.80%12/1160 10/31TZADirexion Daily Small Cap Bear 3X Shares$13.76$13.790.14%2%12/131
New Holdings
I added to my position in Linn Energy LLC (LINE). I noticed that LINE reached an historical low of $15.89. By the time I started buying on the dip, it had reached $16.29. I then figured out what total position size would yield a certain monthly payment. I reasoned that the only time it had gone lower had occured in the recession of 2009-2010. Another two lots cost more, but still at a price not seen since May 7, 2010.
Apple (AAPL) traded at immense volume, on no news. I locked in a position at 4.2% lower than the prior close. This is one of those stocks that I want to buy and hold long term. I hadn't often done so, because I was waiting for the dip that seldom occurred.
I shorted VIX, using Proshares SVXY, targeting $74.18. I am targeting $49.03 for One OK (OKS).
DateIn Tick Name Cost 12/1OKSOne OK$41.73 12/1AAPLApple$114.52 12/1SVXYProShares Short VIX Short-Term Futures ETF$72.93 12/1LINELinn Energy LLC$16.29 12/1LINELinn Energy LLC$16.65 12/1LINELinn Energy LLC$17.31
Linn Energy LINE at all-time low today. Buying in.
Monthly Pay $.2416/share Low: 15.89 Bought lots at 16.29 and 16.65. May buy more.
Golden Bear on Black Friday, with Chips
Black Friday produced a number of profitable sales. My Golden Bear (DUST) paid out bigger this time at 24.9% in three days. Gold prices took a massive hit in response to the Swiss Gold Referendum.
Fades in tech and food sectors produced tidy short-term gains: MXIM at 1.21% HRL at 1.73% MCHP at 2.75%. Holds for these were three to eleven days.
Whole Foods Market (WFM), which had been 40% down, came back to even money territory. I was glad to get rid of them at 1.35% - 1.65% profit. After a 207-day hold, that annualizes at a pathetic 2.6%. It would be difficult to quantify how much I would have earned/lost if I cut this loser, and traded the proceeds for 207 days. Perhaps I will invest proceeds of losing positions into SDY or SPY, or something else long-term.
DateIn Tick Name Cost Price P/L %Yr DateOut Held 5/5WFMWhole Foods Market$48.30$49.001.65%2.91%11/28207 5/5WFMWhole Foods Market$48.30$49.041.34%2.36%11/28207 11/25DUSTDirexion Shares Trust Daily Gld Miners Bear 3x Shrs$23.27$29.1424.999%1536.10%11/283 11/17MXIMMaxim Integrated Products$29.38$29.531.21%40.08%11/2811 11/25HRLHormel Foods$51.94$52.991.73%210.65%11/283 11/18MCHPMicrochip Technology Inc Com$44.11$45.102.75%100.30%11/2810
Belated Reporting for November
A number of trades executed in the second week of November, when I was on vacation. I am just now reporting them here. Amazon (AMZN) and Priceline (PCLN) bounced 2.31% and 4.84%, respecitvely. New York Mortgage Trust (NYMT) sold at even money, having earned 6.4% in dividends. Ultra VIX (TZA) stopped out at a 2.7% loss.
Additionally, Potash (POT) stopped out on the 24th, losing 6.29%. Not sure why I overlooked that one when blogging earlier. It had been lagging since I bought it, and a sudden dip triggered a trailing stop.
DateIn Tick Name Cost Price P/L %Yr DateOut Held 11/5AMZNAmazon$296.39$303.982.31%168.34%11/105 10/31TZAProShares Ultra VIX Short-Term Futures ETF$13.75$13.42-2.70%-98.65%11/1010 6/24NYMTNew York Mortgage$8.12$8.126.40%16.56%11/12141 11/5PCLNPriceline$1,093.68$1,149.614.84%294.16%11/116 7/8POTPotash$37.36$34.38-6.29%-16.53%11/24139
Bacon Maker and Golden Bear
I watched a number of fade trade prosects today: HRL, BSX, DUST. Boston Scientific showed no significant change in direction.
Bought into bacon-maker Hormel on a gap down at $51.94. It stayed flat most of the day, then sank to $51.30 at close. I am targeting $53.49.
The Golden Bear Returns
I am back in Leveraged Direxion Shares Trust Daily Gold Miners Bear 3x Shrs (DUST) at $23.27. The equity went as low as $22.84 in the remaining four minutes of the trading day. I may start watching DUST at the opening and closing bells, as it seems to move quickly. I am targeting $26.26.
DateIn Tick Name Cost Price P/L %Yr DateOut Held 11/25HRLHormel Foods$51.94 11/25DUSTDirexion Shares Trust Daily Gold Miners Bear 3x Shrs
Most other holdings trended slightly down.
Noticed that Chevron had taken third place in market cap for Energy. Second place was occupied by Royal Dutch Shell or PetroChina throughout the day. Since I began watching, Chevron had been second only to Exxon (XOM). I was tempted, but my portfolio is already energy-heavy with the Master Limited Partnerships MMP, LINE, and PAA.
Sold Golden Bear (DUST) and TNA, Bought Another MLP
The Golden Bear
Leveraged Direxion Shares Trust Daily Gold Miners Bear 3x Shrs (DUST) rose 12% in the first 3 days held, then dropped. I sold it at 5.09% profit.
TZA and TNA, a pair trading favorite, have not been moving much. I disposed of TNA at break-even. Will wait for TZA to do the same.
DateIn Tick Name Cost Price P/L %Yr DateOut Held 7/8TNADirexion Daily Small Cap Bull 3X Shares$77.13$77.180.05%0%10/24108 11/18DUSTDirexion Shares Trust Daily Gld Miners Bear 3x Shrs$24.83$26.175.09%309.63%11/246
I added to my collection of Energy MLPs, buying Plains All American Pipeline at $53.23. I set a high target of $57.66, expecting to otherwise hold and collect tax-deferred distributions.
DateIn Tick Name Cost 11/24PAAPlains All American Pipeline LP$53.23
Hotels, Brazilian Electricity, and MLPs
Extended Stay America (STAY) came to my attention via an ex-dividend watch list. It turned out to have a gap down on weak earnings/news, so I could take advantage of both. I bought on the dip, qualified for the dividend, and sold on a 1.85% bounce.
Cemig (CIG) provided better than 5% bounce on a three-day hold.
Proshares Ultra VIX was near historical lows when I bought. Was targeting 35.25 with an 8% trailing stop, which executed. The too-tight stop cut my gains to 3.54%.
DateIn Tick Name Cost Price P/L %Yr DateOut Held 11/17STAYExtended Stay America$18.62$18.871.85%169.16%11/214 11/18CIGCompanhia Energetica de Minas Gerais Cemig$4.90$5.175.23%635.99%11/213 11/18UVXYProShares Ultra VIX Short-Term Futures ETF$21.16$21.973.54%430.98%11/213
I developed a watchlist of Master Limited Partnership (MLP) equities, as a source of tax-deferred income. Bought two of them on on a dip, Magellan (MMP) and Linn (LINE). These may become long-term holds, or I may cycle in and out of them in divFade fashion. Gamestop is another fade candidate.
The Golden Bear?
Leveraged Direxion Shares Trust Daily Gold Miners Bear 3x Shrs (DUST) rose more than 12% during my 3-day hold. I see additional upside, so I held. It has sunk again, meanwhile.
DateIn Tick Name Cost 11/21GMEGamestop$38.05 11/21MMPMagellan Midstream Partners MLP$87.31 11/21LINELinn Energy LLC Units$23.46
The Golden Bear, Some Perfect Fades, and Some Buy and Holds
In early November, Intel (INTC), Qualcomm (QCOM), and Sprint (S) dipped. I took the opportunities to fade trade them, for 1.16%, 1.32%, and .53% profits, respectively.
Yesterday, TJ Maxx (TJX) dipped on earnings and trimmed outlook. This made for a nice 1.87% fade profit.
DateIn Tick Name Cost Price P/L %Yr DateOut Held 11/5INTCIntel$33.70$34.191.16%84.42%11/105 11/6QCOMQualcomm$68.83$69.941.32%482.74%11/61 11/6SSprint$4.70$4.740.53%194.83%11/71 11/18TJXTJ Maxx$59.92$61.191.87%681.77%11/181
I bought a number of new positions, once my settlement cash became available.
The leveraged ones reflect my views on market direction. I bought Ultra Vix (UVXY) very near its 52-week low. It has already grossed better than 5% in a single day. However, I am targeting $35.25, a 66+% gain. If I get that great; if not, I can adjust the target if I see a change in momentum.
The Golden Bear
Gold stocks rose in response to some China and Japan news. I believe gold is headed back down, so I bought the 3x leveraged Direxion Shares Trust Daily Gld Miners Bear 3x Shrs (DUST). It provides a convenient way to short gold.
Berkshire B (BRK.B) has been on my limit order list for a long time, unexecuted. I went ahead and bought the Buffet shares to hold onto. Keeping them in a taxable account, since taxable events such as dividends do not occur in BRK.B.
Maxim (MXIM), Microchip Technology (MCHP) and Extended Stay America (STAY) are divFade plays. I qualified for the dividends, and am now waiting on price targets to sell.
I bought into dips in Energy and Utilities in South America via Petrobrasil (PBR) and Cemig (CIG). Waiting on the fade.
CEFL is a monthly pay that I plan to hold onto.
DateIn Tick Name Cost 11/18BRK.BBerkshire Hathaway B$146.17 11/6PBRPetrobrasil$10.60 11/6CEFLUBS Ag London Brh Etracs Mth 2xlv$26.10 11/17STAYExtended Stay America$18.62 11/17MXIMMaxim Integrated Products$29.38 11/18UVXYProShares Ultra VIX Short-Term Futures ETF$21.16 11/18CIGCompanhia Energetica de Minas Gerais Cemig [Electric Energy in Brazil]$4.90 11/18DUSTDirexion Shares Trust Daily Gld Miners Bear 3x Shrs$24.83 11/18MCHPMicrochip Technology Inc Com$44.11