Performance based reward systems... that's how it should be done.

Aiyo, that's the problem-lah!

All public listed companies should reward their executives based on performance, regardless of who they are.
Also, families member should not hold key executives positions otherwise where got corporate transparency?

This post has been edited by danmooncake: Dec 28 2012, 10:16 AM

Yes, it doesn't address what happen to non-US citizen investing in US. I hope no cap gain still exist for non-US citizen otherwise it will cut into my profits.
I don't care much they do with dividends 'coz I'm much not into that at all.

This post has been edited by danmooncake: Dec 28 2012, 11:38 PM

What's your option trading plan? Cover Calls? Put/Calls Spread? Naked Puts/Calls?
Different plan will need different tools - some brokerage offers you a swiss knife but could be expensive.

What kind of tools are you looking for?

Tell us more first. I think some here who is familiar with the tools/platform that you're looking for could recommend their brokerage or
post their likes or dislikes.

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Added on January 1, 2013, 4:13 amDEC 31st.. FINAL RALLY TIME of the YEAR!!

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Added on January 1, 2013, 11:58 pmDarn US Congress... got a bungee cord playing over the cliff here.

This post has been edited by danmooncake: Jan 1 2013, 11:58 PM

When I looked at their "bungee cord" fiscal deal.. it just a patch work. US increased taxes for their "higher than average" income earners only for those who earned more than $US 400K/year. Looks like Obama's 250K ceiling has been raised much higher. No way, they can extract much taxes from those because there are just so few of those income earners (less than 1%) and the higher the income, they're much smarter to find ways to pay less tax.

Again, no debt ceiling being addressed, just kicked that can down the road.
I think we'll just another chance to sell again hard in Feb/March.

Nope. I'll wait for opportunity to trade. Need for a little gap fill first.

Waah.. Horoscope Trading. If it is going to be volatile, then I like Year of Snakes!

Long AAPL calls on that last dip to 544'ish. Let see how this go.

If AAPL can close above 550, more bulls will join in.

I got stopped out during mid day sell of when AAPL dips below 545.
Fed suddenly announces they're going to stop treasury buying soon... market is topping again here.
Going to see a pull back soon. Going to play the short side.

Dec jobs numbers came inline with consensus (155K) but I think the bulls was expecting much higher number because
of the preview of ADP yesterday (215K for private payroll).

This post has been edited by danmooncake: Jan 4 2013, 10:11 PM

It's tough to play AAPL unless you willing to ride the choppy wave.

I'm in PUTs now.. looking good with -10 pts downside.
Some analyst put out bearish news that AAPL may be looking at -30% less than expected sales because of bad retail numbers.

This post has been edited by danmooncake: Jan 4 2013, 11:52 PM

Ka Ching., ring the register for AAPL puts.. I'm out 526. Good enough for this weekend.
Totally insane market.

Orderly? No way.. It is always irrational. Does not always go the way you expect it go to, not inline
with the economy.

US economy is like still crawling in this recovery mode but market doesn't reflect this.
A bit too far ahead.. all pumped up by the Fed with artificial low rates. Sooner or later, chickens will come home to roost.

I think so too.. the support at $500 holds out till end of 2012 and the whoosh below that didn't happen.
So, institutional money will start pouring back in again when they about release earnings later.
Looks like we got more opportunity to make money off this fruit.

AA got good earnings as early starter.

All eyes on banks now to see if the market can go higher or not..
let's watch WFC this Friday to get the first start to see how they do.
All financials are expected to be good after end of last quarter.

I do.. sometimes it depends on the stock. AA is a pretty boring stock.. been meadering around 8.5 to 11.50 for past 4 quarters.. not much happening since it is just the first to report as Dow component. Perhaps give a glimpse into market sentiments.

I traded on MPEL prior to earnings.. got a wind fall then, did the same for LVS prior to earnings.. got burned! Ouch!

It's difficult.. almost like a coin toss. It's all depends on whether the majority will to see if they beat
the estimates or not.

The next big one is AAPL, coming up in next two weeks. Supposedly everyone is eyei'ng the big quarter. (PD - are you watching this? ).

I'm not holding any long or short for AAPL overnight prior to earnings. Just day trade and go from here.



This post has been edited by danmooncake: Jan 10 2013, 01:50 AM

Yeah, the commons are pricey. But, options are ok. Take your pick.

But.. if you notice the price action.. whether it is $500 or $5.. the percentage move is what's count.

WFC Q4 results:
EPS: 0.91c vs 0.89c
REVS: 21.9bln vs 21.3bln estimates

Pretty much inline...

But, market looks toppy here.

Oh wait... I did saw a print of 499.96.

Pretty nice gap down (-20 pts), then it moves back up to 505-506. This is due to
a report by WSJ that AAPL cuts its Q1 iPhone5 component order due to weaker than expected demand.

Going to be volatile open but if 500 holds here. I may want to get some here for gap filled play tonight when markets opens later. Just need to watch for opportunity here.

Update:
Waah.. L2 seeing a lots of sell orders for AAPL. Going to watch big drop.

This post has been edited by danmooncake: Jan 14 2013, 10:14 PM

Allright, got some calls to play at 502.. holding tight stop now at 498.

I'll exit if we get to 509-510 area.

Just a week ago, some analysts saying that AAPL may exceed 50 mln iphones sale..

Now,..AAPL got -3% because of the rumor that WSJ reported that iPhones sales "MAY" decrease dramatically
in Q1 based on their component order.

Completely 180% turn.

It's that what's makes the market... it's completely irrational and unexpected.