For PM i only look at gold and silver

Wild swing b4 the US market open last night

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Added on October 2, 2012, 8:45 pmLook at silver now, big swing again

Something is brewing

This post has been edited by Myoswee: Oct 2 2012, 08:45 PM

it takes buying power to move stock up, so smart money is expecting a republican win in november
of coz the scared money r at the sidelines waiting for things to be much clearer, by then its way too late
but definitely a good time for me to unload and transfer some risk over to those scared money
yeeha! and where r those who says vix high and lots of negative economic indicators out there
the share market is a future barometer that predicts in advance what is gonna happen but if lose, then is my money loh

http://finance.yahoo.com/news/rich-us-well...-155302525.html
Rich in US: We'll Spend Less If Obama Wins
By Robert Frank | CNBC – 1 hour 13 minutes ago@cnbc on Twitter

Call it a threat or a promise. But a new poll shows that people earning at least $250,000 a year will spend more money if Mitt Romney wins the election.

Barack Obama and Mitt RomneyThe latest Mendelsohn Affluent Barometer showed that 43 percent of the $250,000-plus earners would spend more if Romney is elected. Only 18 percent of them would spend more if President Barack Obama is re-elected.

Just 39 percent said the election will have no impact on their spending.

The election may also affect affluent Americans' savings and investing. The poll showed that 37 percent would invest or save more with a Romney win, compared to 14 percent for an Obama win. Fully 49 percent said the election would have no impact on their savings or investment.

One reason for their reduced spending plans? Taxes. Not surprisingly, 55 percent of the high earners expect their taxes to go up if Obama wins. Only 24 percent expect a tax increase with a Romney win. And 22 percent said the election will have no impact on their taxes.

What are these affluents spending their money on?

Vacations and personal travel ranks first, with 28 percent more interested in travel over the next six months. The category of "clothing, apparel and accessories" ranked second, followed by computers and electronics.

Generally speaking, the affluent are becoming slightly more optimistic about the economy. The poll found that 43 percent are optimistic about the U.S. economy, while 50 percent are optimistic about their personal prospects.

More than half said it was a good time to invest in real estate, while 40 percent said it was a good time to invest in stocks.

All of those numbers, however, might hinge on the election in November.

Obama has a lower standard definition of middle class.. Romney said middle class is someone who earns around US$250K/year. That's actually 5 times the higher than the average.
IMO, either candidate wins, money printing will continues for a while as long as Uncle Ben got his finger on the machine.

Anyway, for tonight play, I'm going to take some profits in AAPL and sell some into the rally after yesterday the buy at 650'ish (exactly at the 50ma support mark).

This post has been edited by danmooncake: Oct 3 2012, 09:20 PM

Good catch on aapl

Reporting in 2 weeks time too.

I will continue to sell AAPL into the earnings... I expect the 3rd Q result will be a disappointment. The iPhone5 sales
was less than stellar.

I can smell some aapl perma bull coming here to bash you soon

Staying at sideline till nov

Good luck

Well, market timing here is important.. like I said, AAPL iphone5 sales isn't baked into this coming Q report.
So, I don't expect the numbers to be stellar. But, upcoming holiday sales at year end could be a good boost for AAPL.

Also, when I check into my sources.. this time around, I don't see much long lines of iPhone5 buyers at the stores after two weeks of announcement. There seems to ample supply available to meet the demand so far. Demand are quite nominal - unlike the previous iPhone crazy demand.. 3-4 weeks of waiting, now it seems like only 1 week of wait only.. and now.. everything is available when you walk in - that's all. I don't see a mad rush to buy iPhones like before, maybe it is still too early into the holiday sales at this time?

This post has been edited by danmooncake: Oct 4 2012, 04:28 AM

iPhone is disappointing, hence Apple spread rumors that iPAD Mini is in the line. Seriously? its like iPhone+iPad and shrunk it.

Hey Z! Welcome back!

Watch the jobs report tonight.. mad bulls will probably want a better report to take this higher.
I'm going to try sell into the rally if it happens.

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Added on October 5, 2012, 9:10 pmUpdate: 9pm

UE good tonight: 7.8%.. all numbers are good incl. participation rate, last month revisions, etc..
Looking for good gap up and I'll take some money off the table for this weekend.

This post has been edited by danmooncake: Oct 5 2012, 09:10 PM

Thanks, but I'm no longer trading US Market. Will return next year. Now focusing on local IPO. Malaysia is the hottest market for IPO in the world.

McDonald's and Philip Morris increase their dividends!

How much is the dividend yield?

Around 3%.

DiviW: Check out T or CTL.. pretty good divi, more than 4% play.

Or best yet.. just buy SPY (SP500) itself yield about 5% and also gain 10% for the year.

Tonight.. time to play a little short due to China fears again.

Haha. 2 million preorder and 5 million weekend sales is disappointing?
Apple spread iPad mini rumour? Wow, this is news, the first time i heard ppl saying apple spreading rumours. Apple has never comment on any rumours or speculation on their upcoming product launches. In fact Tim Cook promised to double down on secrecy.

Rumour has been spreading since March, not by Apple but by websites and analyst. It is indeed in the pipeline, wait for the invites this week. It should be on Wednesday.

You can continue to make fun of iPad mini but i would just like to remind you that when the iPad came out, it was dubbed an oversize iPhone without the phone function. You just have to wait for the Q1 ER to look at the iPad mini sales. Just be patient.

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Added on October 8, 2012, 11:26 pmToday represents a great buying opportunity in AAPL. Couldn't have imagined buying AAPL at 640 before ER. I am adding several Bull Call Spread. 640/660 Feb. Will get more than 100% return come Feb. Its such an easy call.

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Added on October 8, 2012, 11:32 pmWhat source are you looking at? Any links?

iPhone 5 now shipped between 3 - 4 weeks in the US. And it is only limited to 2 per customer. Supply is limited. Please do your homework before posting.

http://store.apple.com/us/browse/home/shop.../iphone/iphone5

http://blogs.barrons.com/techtraderdaily/2...od=yahoobarrons

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Added on October 8, 2012, 11:56 pmAnother stock I am looking closely is FB. Once the share lockup expire in Nov, there should be a huge sell off. I will add starting from $15 all the way down to $12, if it gets there. This will be a great long term holding.

This post has been edited by pinkdevil88: Oct 9 2012, 12:28 AM

Tks for the recommendation.

Boring, it merely matches rival phones' specs and "showcases nothing revolutionary. Seems like u have an old car, pimp it up and call it Type R?

That's why Android is outselling the iPhone at the moment and Microsoft is pushing innovation with Windows Phone 8. "This isn't the time for Apple to just play catch up — the iPhone 5 should have leapfrogged the competition, not duplicated old innovations

But if you said you can make $ of Apple, hey I'm with you there.

When you say Android is outselling iPhone, you are not comparing apple to apple. How many Android phones are out there with so many different price points and manufacturer? Please tell me which is the best selling smartphone? iPhone no doubt.

Even in terms of profit. The total profit in all Android phones is still lesse than the profit of iphone alone due to the high profit margin apple manage to charge.

If you compare spec to spec, Android phones have better spec. But Apple is focusing on the best user experience, ecosystem and the OS.

Take the PC vs Mac example, a PC with better spec will boot slower and crash more frequent than a mac with lesser spec. Same goes with Android vs IOS.

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Added on October 9, 2012, 7:52 pmhttp://allthingsd.com/20121009/apple-store...TD_yahoo_ticker

Here's something for you to read. You may call your friends in Hong Kong to double confirm.

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Added on October 9, 2012, 10:27 pmI'm adding more AAPL spreads 630/650 feb at $629 today. Precious!

This post has been edited by pinkdevil88: Oct 9 2012, 10:27 PM

AAPL price action now has dropped 10% since the iPhone5 launch.. that's disappointing but great for bears!!
So much for the 10m sales during launch.. what a load of crocks the bulls have cooked up.

AAPL is losing its leadership in the stock market. These past week or so, we're seeing money is
flowing out from AAPL when it drops below the 50ma.

AAPL already lost its relative strength as compared to GOOG. The hedge funds owns too much AAPL and now realized it and they've dumping it and moving their money elsewhere.

Also, I think Q3 is going to be huge disappointment for AAPL bulls.

Z is correct, the iPhones5 aren't revolutionary as the last few products and they're playing 'catchup' here.
Everything that Iphone5 has, the rival Samsung S3 already got it and even better: NFC.
Seen the new ads yet? With NFC, file exchanges with just as easy touch and go.

So, what next catalyst for AAPL? iPAD mini? Well, its' been reported AAPL has ordered 10mln of these doorstops from China. Even S.Jobs was against the 7" screen.. not sure what's T.Cook is thinking here.

Let see if AAPL can hold the support $600 price or not.. if not, we'll see $575-$580 soon. I'll be there if it happens.

This post has been edited by danmooncake: Oct 9 2012, 11:24 PM

Save all the talk, short the stock here. And let us see where are we come Feb. Just to remind you I have just added Feb Spread today at $629.

First you say wait for 640-660. when it reached there, you do nothing. When it trade at 630, you say we'll see 575 - 580.

This post has been edited by pinkdevil88: Oct 10 2012, 12:11 AM