Sideway trading tonight....

AAPL forming a base..and support here (535-545..)
LVS (42.50 ~ 43.50) .. same.

Watching $SPX (SPY).. bulls going to try to work hard to take back 200MA here (1382 or higher).
If not, we're going down to 1365 for support soon.

Maybe need to sell some options to take advantage of weekly expiration.. 

Uh uh... rumor has it that Samsung has increase 20% in price for its chip to Apple.. therefore it could hurt AAPL profit margin.
Another hit at AAPL coming.. 

Not just that (competition)... but  the product cycles are getting shorter and shorter... then, the newer product will cannibalize the the older products sales eventho it is vaporware.

People just put off buying because they know newer and better ones will be here soon.

There you go.. home builder Home Depot scored again this quarter. 

HD (HomeDepot) - earnings call
Beat EPS: 74c vs 70c estimate
Beat Revenue: 18.1 bln vs 17.9 bln

Premarket: 62.22 +1.06 +1.73%

HD plans to do shares buyback (up to $700 mln) and raised outlook.

A sign that US housing has bottomed and recovering.

Also, the aftermath of Hurricane Sandy will definitely help them to boost more revenue for
next Q because of rebuilding.

Disclosure: My family owes HD but I am NOT recommending anyone buying it here at this level.

Tonight, watching $SPX (see if 1365 support can be tested), AAPL (if 535 can hold or not), LVS (same range: 42.50-43.50)

--
Price Alert for VOD -
  VODAFONE GROUP PLC - Sale price dropped to 25.5000
  Last Sale: 25.50 at 09:30:42
  Price when alert was set: 26.9102 on 11/05/12 20:54:55 EST
--
Negative:
Revenue down 7.4% to £21.78 billion (US 34.87 bln) versus £23.52 billion (US 37.34) for 1st half.
VOD got beaten down because of write down £5.9 billion (US9.4 bln) for Spain and Italy.

Positive:
VZ expected pay VOD £2.4 billion (US 3.81 bln) in dividends.
£1.5 billion (US 2.38bln) shares buyback to commence.

I'm hoping VOD will get a buyout from VZ. This will help boost VOD later.

VOD got 7.5% divi.., so I plan to get some VOD later at this level.   

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Added on November 13, 2012, 11:06 pm

Dunno lah.. Difficult to gauge FB since it only got 1 Q of earnings to study. So, I'm not touching it.
Also, the lock up period for FB is due this month, so more insider sales of shares will commence.

Greetings + G'Day,

    I think, CASH will be KING again in 1st and 2nd Qtr of year 2013.. Adviced my friends/colleagues for lock profits after 2 weeks QE3 annoucement,
to sell all non-performing USA stocks, put the CASH in FD @ monthly rate for 6-8 mths and continue to hold good blue-chips dividend counters.

My US-based MNC company business order/demand drop 30% per last qrtr and 45% per last 2 qrtr while my
friend US-based MNC company business order/demand drop more than 60%.. Many US companies HOLD their orders/investment
and to watch how fiscal cliff will take affect beginning year 2013...  Hence, the earnings/financial reporting
for next coming 2 qrtrs will be disappointed and usually, weak earnings = market slump = VIX > 30pts = CASH is KING..
Poor Earnings will leads to cost cuttings, unemployment, conservative/pessimism business, weak investor confidence and ..etc

Best MEGA SALES picks for past 5 years were 6th March and 9th March 2009. Hope it will repeat again and everyone hope to
get good MEGA Sales Discount. Optimism of X'Mas and New Year 2013 Sales will be opposite.

Have a great day.

The divi type of stocks (low volatility, beta < 1%) not really for not trading but for the longer term portfolio (keeping 1 year or more) - I look for the stocks with divi plays, must be at least 2%-3% or higher than what bank interest rates pays.

SP500 went from -5 to +5, Dow went from -60 to +60, AAPL went from low 536 to high 548..($11-$12) spread.

Typical MM trapping bears at open.. luring bulls to keep buying...

The rating agency.. has no credibility.
Look at S&P action last year, they downgraded US.. initially tanked. after that  rallied 200+. 

As long as Uncle Ben has his finger on the money machines... nothing can stop him except Obama. 

Confirmed 505 is low now.
I'm hanging on to the long side.... I think major short covering and also oversold past week.

Got myself some commons too. I'm going ride this baby up.

So, stay long for now and if it dips. just BUY it with both hands. 

Still holding up good.. most traders left for long weekend holidays. US congressman also shut down - everyone eating turkey at home.

Left machines on to do auto-trading. So, I don't expect much volatility unless big news come out from outside US that will affect market.

One more trading day left to collect holiday money for this weekend. US folks going on holiday, my call center also shutdown starting tomorrow night. 

Any one got a good volatile stock to play?

Any one got a good volatile stock to play?