Premarket futures lowered, nice!

Need another small gap down here for the dive and rise and I can grab another batch for cashing out this long weekend (Monday holiday).

See my post last week, TSLA is pretty volatile and actually feels like NFLX than GOOG.
Got lots of shorts, currently being squeezed out. For every dips, they're covering.

Good money printing machines for longs but do be careful with here at 97 level.

Scalped another 2 pts for DIA, out for the long weekend. Market still holding here.
No signs of correction yet. Bulls and bears will be out till next Tuesday.



This post has been edited by danmooncake: May 25 2013, 08:51 AM

Rally monkeys are showing again!!

Yesterday open, market gaps up into all time high, and traders sell into the rally, to take advantage of the spike and market tapers off into close.

Tonight, it gaps down, let see if buyers will come in buy into dips, making another wave again.

Watching for opportunity to trade AAPL again (435 seems attractive here).

TSLA 7% pull back tonight to 102.. nice dip, I like a little more dip to 98-99, then I buy some.

I don't that's why I look at the support and resistance level to manage risk and
set appropriate stop. If stop out, that's ok, minimal loss.

General market (both DOW and SP500) showing signs of fatigue, so 0.5-to-1% - just a small pull back here.
But, 2% - will be a concern.

I'm not touching FB here. Got trailed out 27.. 10 trading sessions ago.
Better wait till FB get back above 25, or just simply short it if it bounces back to up to 24.50 to play bear.

AAPL certainly on the bull side for now. Another attempt to test 460 is imminent soon.

June is here...

Japan sold off again, so watch that support line for SP500 1625-1630. Bulls better hold otherwise bears
reallly will want to take over.

Time to raise cash and wait for Dow to break below 15K or SP500 below 1600.
I think opportunity coming...

Perhaps the mantra 'Sell in May', for this year is going to be 'Sell in June'

I can see some fear is coming out already...when market gaps up is met with sell the rally mood into red day, to take money off the table.
Need more bears attack!

I'm seeing BELOW 148.50 is the psych level, not 150. 150 still support.
I got a little PUT earlier, now I'm letting those go here at 150.

This post has been edited by danmooncake: Jun 6 2013, 01:06 AM

June 5th overnight close

Dow 14,960.59 -216.95 -1.43%
S&P 500 1,608.90 -22.48 -1.38%

Nice!!!

If you buy here, hold that stop slightly below at the 50ma line.

This post has been edited by danmooncake: Jun 6 2013, 04:18 AM

I'm expecting a little bounce tonight.. we're close to 5% minor correction.
Sp500 support: 1600-1605, resistance: 1620-1625.

Need a little up before the next wave down.

This post has been edited by danmooncake: Jun 6 2013, 06:52 PM

Sometimes, if goes straight down 10% also means very fast bounce..

If step down 5%, up 2%, down again 5%, then, it got more momentum..

Eventually, it needs to get to -10% or more for healthy pull back.

This post has been edited by danmooncake: Jun 6 2013, 09:08 PM

Maybe not red too much, I think the US market will take off some the green and stay flat or so because
investors don't want to bet too much on either side when the big job numbers coming out tomorrow.

Tomorrow, the market will move big. I bet downside.

It's not too much, some didn't want to be left out.

But, I took some off and ready to plow into bear side tomorrow.
So, I hoping for a really good job numbers, and we'll sell off to ride this down.

Good numbers, sell.
Bad numbers, buy.

This post has been edited by danmooncake: Jun 7 2013, 07:57 AM

It depends on which one. Vanguard gots lots of funds. Different funds, different yield. For the one that you were chatting with Dreamer, VWELX (Wellington),
at its current price 37, it is yielding 2.69%. Yahoo is correct.

Others...

VBTLX = 2.57%
VTSAX = 2.00%
VFWAX = 3.21%
VTSAX = 2%

It's diversification and less risky than just one stock. This type of ETF got a fund manager that manage it and their cost is low.
They tend to match or outperform the general market.

Yes, there are stocks that got better yield .. 5%, 6% and some of them even as high as 15%.. but they tend to be volatile
and if earnings drop, all divi are cut, price goes down at same time. Unless you're a good stock picker (and know the company business inside out),
this may be a less risky way to invest.

It depends which country lah.. 2% is just right in US because it is better than Treasury (1%). US inflation also low.
But, in Malaysia, yeah 2% is consider low. Malaysia inter-bank loan rate also higher and as does inflation.

If you can find companies with good fundamentals with 4%-5% yield and can consistently deliver good earnings - that's good.
Business environment also change over time.. so don't just rely one type of company or one sector only when investing.