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 US stock discussion v4, Bulls-Bears HUAT AH!! Pigs get slaughter

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yok70
post Jun 29 2012, 04:07 AM

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US market was last minute pushed up. Why eh? Got progress in the Summit? hmm.gif
yok70
post Jun 30 2012, 01:13 AM

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QUOTE(danmooncake @ Jun 29 2012, 10:01 PM)
Not squeeze-lah.. just short covering rally.  The Macd and RSI are turning upwards.
Moving averages are also moving up.

Just watch for opportunity to go long during intraday if you missed yesterday buys.
I think it may fade back in the middle and late comers will start phase 2.

My AAPL calls are up 18% already.. looking for opportunity to add more later.  tongue.gif
*
so bullish! although with good speculative news on Euro, but still wondering if today's rally is just an excuse for mid year windows dressing.... hmm.gif
you are buying today? i bit scare, still watching.... unsure.gif
yok70
post Jun 30 2012, 04:12 AM

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QUOTE(danmooncake @ Jun 30 2012, 02:00 AM)
Already bought yesterday, thinking of adding more only. Waiting for a bit more pull back, then add more.
Market not giving back much.

Don't be scare. Bulls are going to take charge next week if we close above 50MA tonight.
$SPX way above that 1340 line already.
*
thanks for your comments!
super bull everywhere today! laugh.gif
yok70
post Jul 3 2012, 02:18 AM

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QUOTE(danmooncake @ Jun 30 2012, 08:17 AM)
I'm staying loooonggggg here..  I'll take profits next week.  laugh.gif
*
looks like not today.
a hesitating market today.
need few days for the market to make decision on moving direction? biggrin.gif
yok70
post Jul 4 2012, 01:52 AM

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QUOTE(danmooncake @ Jul 3 2012, 10:19 PM)
Looks I'm going take profits on my AAPL calls tonight.. very close to $600 here.  biggrin.gif


Added on July 3, 2012, 11:27 pmKa-ching!! AAPL hits my price target for some profits.. so, I'm exiting 3/4 of short term calls here. 65% gains in 3 trading days.  Thank you AAPL! biggrin.gif
*
That's the beauty of Options! Congrats! rclxms.gif
yok70
post Jul 7 2012, 01:03 AM

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volatile volatile market. biggrin.gif


Added on July 7, 2012, 1:04 am
QUOTE(danmooncake @ Jul 6 2012, 10:38 PM)
]

There's beauty and there's also ugliness. It all depends if you're on the right side or not. If at the wrong side,
it is a wealth destruction vehicle because of time issue. So, have to tread carefully.  sweat.gif

Tonight, we got nice pull back here after the ugly job numbers.
Let see if SPX can hold 1350 or not. If can stay above it.. go long with stop around 1345.

IMO, this will help to setup a nice base for the next mini trading range (1350~1370).  laugh.gif
*
thanks! tongue.gif


Added on July 7, 2012, 1:04 am
QUOTE(zamans98 @ Jul 7 2012, 12:08 AM)
all h3ll broke loose..
portfolio down by 1,000$
*
no sell no loose. laugh.gif

This post has been edited by yok70: Jul 7 2012, 01:04 AM
yok70
post Jul 12 2012, 02:41 AM

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QUOTE(zamans98 @ Jul 12 2012, 12:37 AM)
My portfolio is super red. Down by 25% due to LVS and YOKU.
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LVS is really coming closer to 40 mark....should i buy yet? wondering how low can this market go before QE announcement.... unsure.gif

This post has been edited by yok70: Jul 12 2012, 02:41 AM
yok70
post Jul 13 2012, 01:17 AM

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QUOTE(danmooncake @ Jul 12 2012, 11:13 AM)
Whoosh.. got some LVS @ 39.50 and MPEL 10.05 here.  I think we may see more weakness but I'll start accumulating here.
*
below 40! my buying target finally becomes reality. sweat.gif

The following could be the reason for recent low.

CHICAGO (MarketWatch) -- Nevada's gambling revenue fell sharply in May as declining volumes at both table games and slot machines cut into the take of the state's casino operators, the Nevada Gaming Control Board reported Thursday. Revenue statewide fell 10% to $885 million while the Las Vegas Strip, which accounts for more than half the total, slumped 18% to $475 million. The news helped drag down shares of gambling companies with MGM Resorts MGM -2.74% , Las Vegas Sands LVS -3.83% and Wynn Resorts WYNN -2.87% all down about 4%. hmm.gif



This post has been edited by yok70: Jul 13 2012, 01:26 AM
yok70
post Jul 13 2012, 04:02 AM

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QUOTE(danmooncake @ Jul 13 2012, 02:19 AM)
Well... Vegas revenue shrinking..imo, non-issue and it's no difference since the downturn in '08.

LVS now getting over 80% of their revenue from Macau and Singapore but the slowdown in China could
be the worrying factor.
*
I see. Thanks for the info! notworthy.gif
China seems to need to take a little while to get back on its "high growing feet". Nowadays for China, grow is not enough. People are expecting high high growth only feel satisfy! Consumers' spending power actually quite affected by news flow as many are not jobless, just about sentiment of spending. I mean those who can afford to go spend money in Macau and Singapore. biggrin.gif

This post has been edited by yok70: Jul 13 2012, 04:03 AM
yok70
post Jul 23 2012, 10:23 PM

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blood bath... laugh.gif
yok70
post Jul 24 2012, 01:43 AM

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cimb said US's 16tr debt ceiling due by end of this year. This may triggers Fed to launch QE 3 soon? Do you think this make sense? notworthy.gif
yok70
post Jul 25 2012, 03:12 AM

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QUOTE(danmooncake @ Jul 25 2012, 01:47 AM)
I'm not sure if QE3 is able to fix something that cannot be fixed with printing alone. This isn't about lack of credit or liquidity which Uncle Ben can turn on the printing machines. The US Congress must act to raise the debt ceiling otherwise everything will be death spiral (will be worst than the 2008/09 financial crisis). Right now, with the election looming, both parties just want to sit out and perhaps wait till the 11th hour.
*
QE3 is for short term boosting the economy (if it still could since it's already ver3, the past 2 versions seems not working too efficiently), so that they have more excuse to support the raising of debt ceiling (can earn back, as if optimistic)? If it happens, gotta have some buffer before the due date so that the market has enough time to response to it. I don't know, really. It's a tough issue. unsure.gif

btw, your MPEL is really volatile! Much more than LVS. sweat.gif



yok70
post Jul 27 2012, 01:13 AM

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Now good chance for LVS. But is it "good" or "bad" moving forward? 50:50 chance game? This slowdown in Asia(mainly China) will sure end in few years time, maybe 2 or 3 years. But the competition in Macao also will be increasing. biggrin.gif

As for fruit case. If iphone5 not meeting the "highest standard" of market expectation, that it could be a huge problem for Apple. Samsung already eats up large market shares by S3. And the Note2 may shoot in before iphone5 launching to further eats its market share. The competition is tough here. hmm.gif

This post has been edited by yok70: Jul 27 2012, 01:17 AM
yok70
post Aug 1 2012, 05:56 AM

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market and stock don't move together nicely....one top the other still bottom. biggrin.gif
yok70
post Aug 3 2012, 01:10 AM

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QUOTE(danmooncake @ Aug 1 2012, 10:36 PM)
I hope Uncle Ben's team going to do nothing here and market sells off.
I'm would like to see SPX 1340 to come again.. got some PUTs to ride this down.  brows.gif
*
your wish is coming up.......probably. now 135x....easily goes 134x.... tongue.gif

This post has been edited by yok70: Aug 3 2012, 01:10 AM
yok70
post Aug 6 2012, 10:55 PM

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QUOTE(danmooncake @ Aug 6 2012, 09:03 PM)
Though didn't get 134.x last week for SPY, but 135.5 was good enough.
Then, market went up because US jobs numbers. Now, let see if it can test and break 140.
If not, we'll go down again...  zig zag games.  Love this roller coaster ride.  smile.gif
*
it's trying to touch 1400 today....lets see what happens. laugh.gif
yok70
post Aug 27 2012, 04:12 AM

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QUOTE(danmooncake @ Aug 26 2012, 10:17 PM)
hmm.gif I don't think I will expect "huge" up for AAPL because the expectation is already there for AAPL to win.
AAPL got awarded half of their monetary claims (despite winning 6/7), Samsung will appeal the verdict, and if they settle (both Giants still have to work together for other stuff in the market, ironically AAPL cpu is made by Samsung), it could be less than 1 bln later. Anyway, 1 bln is probably like nothing to both of these companies.
*
1b is nothing, but the follow up loyalty tax for every android smartphone and tablet will be a good profit for apple. However, now nothing is confirm. laugh.gif
yok70
post Sep 7 2012, 12:11 AM

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super bull. biggrin.gif
yok70
post Sep 7 2012, 12:51 PM

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QUOTE(danmooncake @ Sep 7 2012, 02:02 AM)
Yeah! Crazy bulls!

Also, GOOG is going to touch $700 before AAPL!  rclxms.gif
*
SSE up 4%! Partly due to the approval of 30 infrastructure projects.
And US' QE could be coming...
Looks like worldwide super bull is coming.
Lets see how our local GE can beat that bull. laugh.gif

yok70
post Sep 8 2012, 03:29 AM

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QUOTE(danmooncake @ Sep 7 2012, 09:48 PM)
Nice! Lots of rumor going around to pump and juice this market up..

Now, tonight I'm taking some profits here.  Got a huge run up on my MPEL and CAT trades.  biggrin.gif

Got to watch for my LVS options trade here also.. if this darn thing breaks above $44, it's going to get too close
$45 for comfort.  sweat.gif
*
Congrats! Can go 5 star hotel eat this weekends. thumbup.gif
So job's data pull back the bull today? tongue.gif
Lets see what show on Monday. laugh.gif

This post has been edited by yok70: Sep 8 2012, 03:30 AM

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