Taking a Look at Energy Drillers

Written by MrStockFox. Posted in Trade Ideas

The oil drillers are up anywhere from 20%-40% since the bottom in late January.  At this point I see them stalling out here very soon and pulling back.  Most of the drillers are coming up to resistance levels.  I doubt that they will break through on the first try.  It is possible but I don't see crude oil putting in any major rally right now.  Yes I like these companies longer term but I may consider lightening up on a percentage of my overall position as we head into these resistance levels.  HP is definitely one that I could see myself selling off as early as tomorrow as it is very near resistance and the 200 ma.

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Taking a Look at IBM

Written by MrStockFox. Posted in Trade Ideas

You can read about my past comments on IBM located here.

Over the last several months IBM has pretty much played out exactly how I thought.  Currently we are sitting right below a strong resistance level at around 165.  Any breakout above 165 and IBM should first test 170 and then the top of the gap around 180. 

Although I have added to my position I still do not own a full position.  I have been concetrating on energy stocks for the time being but may consider purchasing another 10 shares here soon.  I would like to try and buy before any breakout above 165.

Should IBM break below 159 level then we could easily see a retest of 154 and even 150.

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GE - Multi-Year Breakout!

Written by MrStockFox. Posted in Trade Ideas

On Friday, General Electric surged to breakout of a multi-year consolidation on massive volume.  Technically this is very bullish but if you want to read about what caused this surge you can find that info here.  Over the last year I have used many of the multi-week declines to add to my position and unfortunately I did not get a full position before the breakout. At this point if GE can retrace back into the 27 level I would use that area to add to your position because it looks as though the stock wants to climb above 30.

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Weekly Purchases - 4/08/15

Written by MrStockFox. Posted in Weekly Update

portland

Photograph(above):

To add some variety to the website, I am providing images from some of the amazing trips I have experienced over the years.   I took the following photograph in October of last year in Portland, Maine.

Highlights:

Normally I like to update what I bought and sold on a weekly basis, but over the last several weeks I have been very busy.  

So my speculation in the Godaddy IPO was very successful.  I speculated that Godaddy IPO would go up by more than 15% on opening day. Instead I was handsomely rewarded with not a 15% gain but an incredible 31% gain.  I decided to take my chips and move on, so I sold on the first day of trading.  My plan now is to start purchasing back some of the companies that I recently sold. Instead of repurchasing the shares at Loyal3, I plan to move the funds to my accounts at Wells Fargo.  You can read about my initial thoughts on the speculation here

I Bought:

My purchases increased my annual income by $129.21 this week.

  • 5 shares of Exxon Mobil (XOM) - This will increase my annual dividends by $13.80
  • 1 share of BP Inc (BP) - This will increase my annual dividends by $2.40
  • 3 shares of T Rowe Price Group (TROW) - This will increase my annual dividends by $6.24
  • 1 share of American Express (AXP) - This will increase my annual dividends by $1.04
  • 6 shares of Emerson Electric (EMR) - This will increase my annual dividends by $11.28
  • 1 share of Disney (DIS) - This will increase my annual dividends by $1.15
  • 1 share of Starbucks Corp (SBUX) - This will increase my annual dividends by $1.28
  • 1 share of Philip Morris (PM) - This will increase my annual dividends by $4
  • 2 shares of Procter & Gamble (PG) - This will increase my annual dividends by $5.14
  • 1 share of General Electric (GE) - This will increase my annual dividends by $.92
  • 1 share of WisomTree International Dividend Ex-Financials ETF (DOO) - This will increase my annual dividends by $1.96
  • 10 shares of Royal Dutch Shell (RDS'b) - This will increase my annual dividends by $34.40
  • 3 shares of Visa Inc (V) - This will increase my annual dividends by $1.44
  • 2 shares of Caterpillar Inc (CAT) - This will increase my annual dividends by $5.60
  • 13 shares of Occidental Petroleum (OXY) - This will increase my annual dividends by $37.44
  • 7 shares of Nevson Resources (NSU) - This will increase my annual dividends by $1.12

I Sold:

If you wish to view all my completed trades, you can find them located here.

Symbol Open Date Close Date Days Held Quantity Purchase Price Sale Price Current Price Cost Basis Net Proceeds $ Gain / (Loss) % Gain / (Loss) Dividends Received Net Gain / (Loss) Net % Gain / (Loss)
DNKN 4/11/2014 3/30/2015 349 0.5122 $48.81 $47.60 $48.37 $25.00 $24.38 -$0.62 -2.48% $0.50 -$0.12 -0.48%
KRFT 9/18/2014 3/30/2015 192 1.5314 $58.18 $88.92 $88.38 $89.09 $136.17 $47.08 52.85% $1.67 $48.75 54.72%
YUM 1/29/2014 3/30/2015 421 2.2551 $71.30 $79.24 $78.30 $160.79 $178.69 $17.90 11.13% $1.93 $19.83 12.33%
GDDY 3/31/2015 4/1/2015 1 144.2605 $20.00 $26.16 $25.15 $2,885.21 $3,774.03 $888.82 30.81%   $888.82 30.81%

 

What did you buy and or sell this week?   

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