Sunday, February 20, 2011

Nasdaq nears 10-year high; should you be nervous?

Nasdaq nears 10-year high; should you be nervous?

I think yes we should be alarmed about the stock market, however I think there is still plenty of room for stock to grow. It will be another 2~3 years of long bull stock market before the world wide stock panic happens. People who got in stock last year has made alot of money. People who get in stocks now will still make some money.

People who get into stocks at the end will be left holding the bag losing alot of money. It is good when people are doubting about investing. You should only be really worried when everyone is tauting that stock market can make everyone rich and lots of money.

I am staying another week in Taiwan, so I probably will not do any trade during these times. My grandma passed away last Friday. Funeral will be in another week. The ceremony will be buddhist type. So lots of praying and standing~ So sad about my grandma. Maybe I should have visited after I became American citizen...I have not been to the US for the past 12 years until now ><

Friday, February 18, 2011

Nvidia Rises After Sales Forecast Exceeds Predictions

Nvidia Rises After Sales Forecast Exceeds Predictions

Nvidia released spectacular company financial earning today which caused overall technology to advance further. Although Nvidia got a nice 9% stock increase. My little AMD stock got another 5% boost. I think technology sector in the stock market will be in favor during the next couple of days. That is when I will sell my stock holdings to buy into another.

I think I will use that funding to pull back to financial stock market sector. I like Citi quite nicely. I think that there has not been a clear direction of Citi's share price in the past couple of months. But that will change soon. Something will trigger another price movement, if there is a sharp price down pull, I will buy into that. If there's gradual increase to the $5.00 dollar stock level, I will buy ino the stock.

However, if it shows signs of stock price weakness and decline, I will stay away from it. That will be my next strategy, to pull my funds into financial sector again.

I am also observing solar industry. It has seen some nice price boost in the past couple of days. I have some invested in the retirement account...If the advance cools down I may pull out the money to drop back into housing. Solar is a versatile sector, cooling down in interest will mean the stock price will drop maybe 10% or so.

My grandma is not doing so well. We asked the doctor to issue her some morphine and it pretty much knocks her out. We will have to see what happens next.

Wednesday, February 16, 2011

Nice AMD Advance today

Alright, my AMD stock holdings advanced a nice 4.5% in the stock market today. However, I am unable to log in my stock trading account because of some restriction. Yet, I think with this increase my stock investment account now stands at about $11,500! Because of my time restraint, I do not think I will be able to trade in and out of any stock positions during the next couple of days. So I may ask my girlfriend to buy or sell stocks for me.

I did see my grandma in the hospital today in Taiwan. She is in pretty bad shape half awake and half asleep all the time. She cannot carry out any conversation rather than say yes or no. Although she does still remember me which I am quite happy.

The plane ride was quite long. 15 hour of flight! I did not sleep much on the plane and I think I am dying right now at 2:00 p.m. Taiwan time.

Tuesday, February 15, 2011

Personal Business - Grandma Dying in Taiwan

There will most likely be no new posts about the stock market for the next couple of days...my Grandma is on her deathbed in Taiwan. I am flying there from the US either tonight or tomorrow afternoon. I may still follow my own stock investment holdings and update if I get to have decent internet access in Taiwan.

So sad about her..she was very nice to me when I was little until my family immigrated to the US.

Monday, February 14, 2011

Housing Crash Is Hitting Cities Once Thought to Be Stable

Housing Crash Is Hitting Cities Once Thought to Be Stable

Despite all the pessimistic view that housing prices have not hit the bottom yet, somehow I think it has. It has dropped below a point where it is attractive for the foreign investors, especially chinese investors who are trying to laundering the dirty money out of China.

What makes a better investment than buying or investing in real estate in the US? I believe that the overall housing prices will gradually rise from then on...The worst is over when the government cannot persuade more house buyers with lots of money incentives on top of the historically low rate.

Yet I think it will still take years for the prices to rebound back...I currently own a house too and I am underwater for about $30k...Yet I will be patient and just let this investment ride. I am living in it too so it does not hurt that much.

Hopefully this kind of new money and investment from foreigner can boost the stock market across the board. Then again I can only hope. KBH is down quite a bit at the time of writing, my account is back down to $10,900.

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

Friday, February 4, 2011

30-year fixed rates continue to rise

30-year fixed rates continue to rise

The mortgage rate appears to be rising again. I think it will help the stock market positively as it will bring more bystanders into buying into housing. Although I think alot of the stock or real estate buying comes from over sea money...cough cough China. We will have to see the intermediate term effect of this kind of buying.

Stock market is such a fun thing.

Cramer's Stop Trading! F5 Networks' Extremely Positive Situation (2/2/11)

Cramer's Stop Trading! F5 Networks' Extremely Positive Situation (2/2/11)

Damn. I think I sold FFIV stock too fast ;p. Although I did get $100 out of trading FFIV. If I had hold on to this stock instead of switching to KBH. I would have made more money during this trade. But then again, this is stock market. You never know. I made a bad financial call and I think now I just have to hold on to the stock for a little longer ><.

I think the stock FFIV's stock price went up simply because Cramer made an argument...again he is a well followed guy because of his show.

KB Home says may have to repay $180 mln South Edge loan

KB Home says may have to repay $180 mln South Edge loan

Ouch. Today's stock market is not nice to me. KB Home's stock prices went down quite a bit today compared to the other housing sector stocks. I guess this financial news is the reason why. This kind of lawsuit definitely hurts the company's bottom line.

Predict 2/7 Stock Market Closing Price Competition

Predict 2/7 Stock Market Closing Price Competition
Predict the stock market closing price on 2/7 and compete for a chance to win in a pot of $35!

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