My $10000 Dollars

Current YTD Performance: +$1565

Holy CRAP.  My life has been pretty damn super crazy this past few weeks.  Never ending bombs of deadlines, ever changing direction, and never ending adhoc analysis @ work haunted me for days forcing me to work 60+ hrs a week.  If that wasn’t enough, my ever exciting personal life kept me away from this keyboard for days.  I must say though, life is pretty good.

I shall see tomorrow if my life continues to get better with the investment decision I made today on Master Card (MA) and Visa (V).  I will explain more later… (more…)

Current YTD Performance: +$1006

I have been working hard both in my day career and my investing career.  I have somehow gotten immune to all of the ups and downs in the market.  Even when I win or lose $1,000, it doen’t phase me either way especially now that I’ve gone thorugh the $4000 swing in a day.

I’ve been doing super well the last few days.  Thanks to the financials market rallying + some opportunities to short-trade.  Here are some of my recent activities:

1) Sold Freddie at $9.20 per share and made my $1,000 profit.

2) Re-bought Freddie Mac when the shares went down again that same day at $8.40 per share.

3) Sold Freddie Mac (FRE) today when it went up by $1.00 per share for another $200 gain.

4) Shorted DRYS with a profit of $100 today; re-shorted the stock again when it came back up in hopes of another tanking.

5) Sit back, relax, and pray.

Time after time, I’ve learned that patience is a virtue.  I strongly recommend you learn that quickly too.

Current YTD Performance: $-2193

Dow has been declining fast and steady in the past week with the exception of today. THANK YOU for giving us despaired some hope for the future of this country. A surge of more than 270 points in Dow Avg? God we sure haven’t seen that in a lonnnng ass time.

For all of you readers out there that are in the panic mode, here’s a great article to read about the speech made by Warren Buffet, the richest man in the world and arguably the best investors to have ever lived.

http://money.cnn.com/2008/04/11/news/newsmakers/varchaver_buffett.fortune/index.htm

Here are some of the key points Warren Buffet pointed out: (more…)

Current YTD Performance: -$2104

This is the aftermath of when you decide to get a tad greedier: (more…)

Current YTD Performance: -$1088

This is going to be more of a personal post, but I definitely want to share this experience. I’ve been doing really well the last few days in the market amid the crazy week Dow went through. As I track my performance at Covestor, I realized that I have been outperforming the S&P 500 this past 30 days. Man I am the MAN at investing…then Friday 9:30AM EST came, when my portfolio lost its value by $4000 within the first second after the opening bell. I think I almost broke my jaw while getting a heart attack. (more…)

Current YTD Performance: -$1538

The Dow Jones gained over 150 points today based on additional decline in the oil price topped with stronger U.S. Dollars. On top of that, Alcoa (AA), kicking off the start of Q2 earning reports this month topped the analyst expectations after close today. AWESOME NEWS! I’m pretty confident that the stocks will rally once again tomorrow at least for a short while.

As I look at the damaged market, I have been researching some stocks that could potentially be a big time bargain buy if you aim for a long-term gain: (more…)

Current YTD Performance: -$2063

This morning when the market opened, my portfolio soared by $700 in value. I was jumping in joy as I got ready for work swearing that today will be an awesome day. Then during lunch, I took a peak into my account slightly hoping my portfolio was up even further….then the atomic bomb went off in my office. I found out that the bears came back once again and nailed me in the a**, taking the value down by a whopping $400!

Dow went down 57 points today once again proving that the bears are winning the battle. Amid this downfall, I found a cool investing website via an ad displayed on my taxi’s side door that should give us some hope in this depressing market. (more…)

Current YTD Performance: -$2163

That was a great 4th of July weekend. Lots of food, new people, new restaurants, new everything. I just love San Francisco. Anyway, here’s the part II of the bio-tech stocks featured in Gene Marcial’s 7 Commandments of Stock Investing that you should consider investing in: (more…)

Current YTD Retuen: -$1623

Biotechnology stocks are typically intimidated by investors due to its nature of vulnerability around the drugs the companies produce. With the exception of well known behemoth companies like Amgen (AMGN) and Genentech (DNA) , many biotech companies can plummet in value if one of their main drugs fail to go through. Having worked for a pharmaceutical company before (McNeil - one of Johnson and Johnson’s companies), I know how tough it can be to get a drug approved by FDA, not to mention the risk of side effects harming the company’s reputation (e.g. Merck (MRK) and its drug Vioxx back in 2004). (more…)

Current YTD Performance: -$1093

I signed up to a cool site called Covestor where you can link your brokerage account and track your performance real time. Other members have access to everyone’s profile and his/her portfolio. The site also ranks the users by performance, so you can easily see who’s doing well and who’s doing not. The best part is, you can track their portfolio real time so you can follow these successful investors and potentially make money w/ them. (more…)