Saturday, February 12, 2011

Gas pump prices highest ever for this time of year

Gas pump prices highest ever for this time of year
Although some of these financial experts say that oil and gas will not hit all time high price, for some reason I do not believe it. I think 50% of the oil and gas prices are higher because of demand, and another 50% is caused by manipulation.

I think the oil companies has already gotten their nice stock price appreciation over the past couple months. Now is the time for them to boost the gas prices too to boost their company's earning even more.

I guess one of the best investment right now is to buy some oil barrels and plant them in your backyard..lol..although that is not legal ;p.

Will we see another all time high for gas prices? I hope not...if it is, then all of our hard earned dollars become another record earning figure of those oil companies...

Friday, February 11, 2011

MGIC Leads Mortgage Insurer Rally as Geithner Aims to Curb FHA

MGIC Leads Mortgage Insurer Rally as Geithner Aims to Curb FHA

This is one news that most people could care a little less because it is harder for people to relate. However, mortgage insurers are companies pretty much insure other banks when their mortgages go bad. During the financial and real estate boom, these companies pretty much were printing out money.

However, during these years when tons of real estate business gone bad and losing money. All these mortgage insurance company had to pay up. I am interested in this sector because I was had really negative investment outlook on these so I shorted it. However it had a surge runup when either manipulation or what...so I did lose quite a bit of money last year.

Today the whole sector is running up for like 10%+, whoever bought the stock earlier must've made some nice money...I would stay away from the sector though, you will never know when you will lose money if you do buy into it.

I think it is another stock manipulation. Be careful if you like big ups and downs when you like trading...trading is not a fast ticket to getting rich.

Massive Layoffs Expected at Nokia

Massive Layoffs Expected at Nokia

This news story is posted together with the news to work with Microsoft against Google's Android and Apple Iphone. I ask...Why? The android platform is free. Why does Nokia have to do this and layoff a ton of its work force? Nokia's stock price is down a whopping 14% and I think they deserve it.

This I believe is a strategic suicide. Why does this company want to jump into a competitive atmosphere without good prospect of profit? In a couple years they will post billions of lost because of this strategic blunder then cancels the project. Nokia bye bye...I will stay away from this stock at all cost.

I think the financial competition among the phone and wireless industry is becoming to have some clear winners and losers. My fellow readers, if you plan to buy into stocks, stay away from the losers. It will save you lots of money.

Is KB Home the Perfect Stock?

Is KB Home the Perfect Stock?

Fools is pumping KB homes compared to all of its stock peers in the same industry. I did not read too much into its argument but I guess it is good to have some other people on my side haha. KB home has been having 1% down days with 4% stock up days. I think that is quite good. Although I do own some KB homes in my stock trading accounts right now...I entered a bit early and they are currently at a loss ><

I bought the stock at 15.07...I think it will be another 2 weeks before I can sell the stock at a nice profit...we will have to see!

My account value stands at around $10,900 right now. I think I have pretty safely locked my profits...I hope for another good stock advance day so I can break $11,500! For those of you who are new to my blog, I started trading stocks with this account at the beginning of the year with $10,000

Verizon iPhone Launch Day!: BOR-ing

Verizon iPhone Launch Day!: BOR-ing

lol ouch...I guess that everyone who has already bought Iphone already did...Verizon is late in the game so that they will not get much financial advantage out of it. It could make matter worse if they paid alot of money and commission to be able to carry iphone.

I think next quarter's stock earning will be hurt because of this flop...then the company's management can blame their lack of performance and earning blah blah because lack of interest for the iphone. So maybe I will stay away from buy verizon stock for now. You do not know whether or not it will bite your ass later.

Kraft says more price increases ahead

Kraft says more price increases ahead

Ouch food is going to become more and more expensive. Food making companies are not going to let price increases hurt their bottom line. The consumer will end up picking up the tab. I guess this may be bad news for the stock market. Because more people will have to put their money into food instead of investing in the stock market...

I guess this will pan out over time. For the short term being, I think these price hikes may be good for agricultural related companies because more money will be pumped in.

Which companies stocks should I buy next?

Thursday, February 10, 2011

Google CEO sees signs of Internet bubble: report

Google CEO sees signs of Internet bubble: report

Lol I totally agree with the guy in Google. Come on Facebook worth 10 billion in stock market valuation? All these people are stupid enough to buy into the stock while the owners are quietly selling their own stock shares. For granted Facebook is quite popular with lots of outreach and potential. Although I think that will change soon as privacy issues arise and more software giants jump into the market.

I believe that the stock price for Facebook will indeed skyrocket once Facebook become IPOed. Then it will become a slow death as it actually releases the amount of money that it actually earns, how much money and profit is it making actually? It all comes down to that in terms of all investments. Stock market will burn alot of people who simply base their high financial hopes on no investment grounds.

The new bubble hot in stocks will be cloud computing and social networking. Jump in while early, just remember to cash in before the crash. There will be lots of losers with only a couple winners left to see the end of the stock market day.

Jump aboard!

Wednesday, February 9, 2011

Iconic 'Guitar Hero' video game gets the ax

Iconic 'Guitar Hero' video game gets the ax

Ouch.. Blizzard takes a hit today in the aftermarket after earning release with the stock price. The company still makes a ton of money because of its online business. The stock price of Blizzard is down almost down 10% because of the financial earning news.

I think that once the stock is down 10%, by looking at yearly stock chart, it is at the level which makes it a buy. I am going to put some money in the ATVI with my retirement account which is not a part of this trading blog.

Anyways, the point of this post is to say OMG they are cutting loose the guitar hero. We all know that it was coming, you can only make so much money with the music genre. I mean look back at the old DDR series and DJ games, all the music games eventually get AXed from the parent company because they are simply not money makers aside from the one hit wonder.

I actually think that Blizzard is better off by axing the guitar hero unit. They should concentrate more of their investment with online games. Because I believe that is where the future money will be in.

Tuesday, February 8, 2011

Stocks in U.S. Gain as McDonald's Rallies on Sales, Homebuilders Advance

Stocks in U.S. Gain as McDonald's Rallies on Sales, Homebuilders Advance

I am quite happy today that my home building stock KB homes stock price went up considerably today after a couple days of stock losses. This financial article is quite bright with many positive outlooks. It may seem that the worst of economical crisis has passed.

Companies are making money once again after all the trimming down. Stocks will be strong again in the near term I think...I think stock market will hit a brand new high 1 year away from now. This is a great time to invest and put money to work.

My stock investing and trading account now stands at $11,000! 10% increase for 1 month.

Monday, February 7, 2011

US consumers rediscover credit appetite

US consumers rediscover credit appetite

It appears that the economy is recovering...America consume! I still manage to keep my own credit card bills down though...most of my expenses come from Gas and traveling expense.

Predict 2/8 Stock Market Closing Price Competition

Predict 2/8 Stock Market Closing Price Competition
Predict the stock market closing price on 2/8 and compete for a chance to win in a pot of $50!

Stock in Focus
AMD

Tips: Visit Google Finance for AMD to get a handle on the current stock prices.
http://www.google.com/finance?q=NYSE:AMD