Disappointing performance for my stocks.

The S&P, Dow, Small Cap, and Nasdaq all rocked the week, but my stocks either sank or sat around and watched the move. I did have a couple do well, as CSTR took off after earnings came in, but it also faded all day long and could not hold the big leap up this morning. SLE had a nice slow move up this week and HITK held it’s gain and added just a bit more. The rest of my positions, gave all their gains back and some even went from in the money to out. Monday there is a good chance I will clean house and start over or stand down.

I might sell these position Monday unless something happens over the weekend to change my mind. BIDU, CVI, JAZZ, LULU

Jan	Feb	Mar	Apr	May	Jun	YTD 2011
$5.41	$698.41	$163.29	$248.52	$0.00	$0.00	$618.55

Stock	Entry	Price	Stop	Profit	% Gain
ARUN	$35.72	$35.92	$32.97	$12	0
BIDU	$147.62	$148.52	$146.00	$18	0
CSTR	$48.48	$53.98	$46.50	$341	11
CVI	$22.90	$22.23	$22.03	$87	3
CVS	$36.40	$36.22	$35.30	$12	0
HITK	$24.20	$27.66	$26.21	$346	14
JAZZ	$31.95	$31.50	$33.02	$3	0
LULU	$100.00	$100.05	$94.24	$1	0
PDC	$15.28	$15.50	$14.61	$44	1
PRX	$33.83	$34.44	$32.50	$55	2
SINA	$142.00	$134.75	$136.00	$152	5
SLE	$18.42	$19.20	$18.25	$105	4
TOTAL	------------	-----------	----------	$668	---------

Added one more

Had just a little cash left so I jumped into ARUN today, so now I’m tapped out. I have a lot of stocks in the money, but I also have a lot of stocks were their stop loss orders are out of the money. I need a bit more movement to be free. SINA made a very nice recovery today after the down grade from Goldenman Sacks last week, which just makes me mad. Two days after my purchase on a nice trending stock and they try an crush it. It is still a closely watch for now to see if it can crawl back into the black.

NFLX or Netflix is a classic example why you do not buy a stock right before earnings unless you are on the inside. We little people will never be on the inside and if you buy right before, it is a gamble only. Netflix reported after the close of the market today and it is down 5.3% in the aftermarket as of 7:50pm. It will be under pressure most likely most of tomorrow. If you look at the Weekly, Daily and 30 minute chart, it could be a nice buying opportunity if it holds above $230. I would not touch it until the sellers are done with it and the buyers return.

Jan	Feb	Mar	Apr	May	Jun	YTD 2011
$5.41	$698.41	$163.29	$248.52	$0.00	$0.00	$618.55

Stock	Entry	Price	Stop	Profit	% Gain
ARUN	$35.72	$35.80	$32.97	$5	0
BIDU	$147.62	$151.96	$146.00	$66	3
CSTR	$48.48	$50.52	$46.50	$126	4
CVI	$22.90	$23.20	$22.03	$39	1
CVS	$36.40	$36.02	$35.30	$26	0
HITK	$24.20	$27.25	$26.21	$305	13
JAZZ	$31.95	$33.50	$33.02	$122	5
LULU	$100.00	$101.38	$94.24	$41	1
PDC	$15.28	$15.82	$14.61	$108	3
PRX	$33.83	$33.20	$32.50	$57	2
SINA	$142.00	$138.41	$136.00	$75	3
SLE	$18.42	$18.62	$18.25	$27	1
TOTAL	------------	-----------	----------	$681	---------

Another downgrade!!

I hate buying a stock in a groove and then bam, downgraded by some firm. Why do we need to know this? I think it is the big boys trying to control stock prices so they can get a better price. SINA downgraded so I will likely have to sell it next Monday or Tuesday if it doesn’t reverse.

Jan	Feb	Mar	Apr	May	Jun	YTD 2011
$5.41	$698.41	$163.29	$248.52	$0.00	$0.00	$618.55

Stock	Entry	Price	Stop	Profit	% Gain
BIDU	$147.62	$148.65	$146.00	$21	1
CSTR	$48.48	$49.74	$46.50	$78	3
CVI	$22.90	$23.07	$23.26	$22	1
CVS	$36.40	$36.21	$35.30	$13	0
HITK	$24.20	$27.07	$25.40	$287	12
JAZZ	$31.95	$33.63	$33.02	$133	5
LULU	$100.00	$102.17	$94.24	$65	2
PDC	$15.28	$16.17	$14.61	$178	6
PRX	$33.83	$33.62	$32.50	$19	1
SINA	$142.00	$133.06	$136.00	$187	6
SLE	$18.42	$18.78	$18.25	$48	2
TOTAL	------------	-----------	----------	$613	---------

Very nice reversal on the market

All indexes were up and up big. The S&P alone was up 1.35% and the Small Cap was up 1.77% and put the month of April back in the green. I doubled my unrealized profit today and most of my stocks moved into the black. Today I added another position in LULU.

Jan	Feb	Mar	Apr	May	Jun	YTD 2011
$5.41	$698.41	$163.29	$248.52	$0.00	$0.00	$618.55

Stock	Entry	Price	Stop	Profit	% Gain
BIDU	$147.62	$149.31	$146.00	$34	1
CSTR	$48.48	$47.89	$46.50	$36	1
CVI	$22.90	$22.26	$23.26	$47	1
CVS	$36.40	$36.25	$35.30	$10	0
HITK	$24.20	$26.69	$25.40	$249	10
JAZZ	$31.95	$34.22	$33.02	$179	7
LULU	$100.00	$99.73	$94.24	$8	0
PDC	$15.28	$15.67	$14.61	$78	2
PRX	$33.83	$33.96	$32.50	$12	0
SINA	$142.00	$142.83	$136.00	$17	0
SLE	$18.42	$18.85	$18.25	$58	2
TOTAL	------------	-----------	----------	$620	---------

Not a good day or week so far…..sigh!

I could whine a lot but what good is it going to do me. That news Monday killed me and I let most of my positions go for one day, then waited to see if they popped today. No, that was the answer and some started sinking farther so I pulled the trigger and took my losses. SNDA was my only shinning star for a winner and I got stopped out of that position trying to hang on to that 17% pop Monday. Well this morning it came down to my stop loss point, then actually ended the day up .62 cents. I hate that and that is why I hate the automated stop loss orders. But on the other hand, if you do not have the discipline to take a loss like I did today with 3 stocks, you need them. TWI, I actually sold that Monday because I had had enough of that stock too.

You would think this would slow me down but I had my stock list loaded and was ready to fire the moment that I sold one position. I replaced all three positions today with BIDU, PDC, and SINA. Tomorrow depending on market conditions, I will be searching one or two more stocks.

TWI – ($146.03)

SNDA – $291.33 SLW – ($297.05) PAY – ($224.08) REE – ($321.92)

Jan	Feb	Mar	Apr	May	Jun	YTD 2011
$5.41	$698.41	$163.29	$248.52	$0.00	$0.00	$618.55

Stock	Entry	Price	Stop	Profit	% Gain
BIDU	$147.62	$149.90	$0	$46	1
CSTR	$48.48	$46.81	$46.50	$103	3
CVI	$22.90	$22.84	$21.50	$8	0
CVS	$36.40	$35.80	$35.30	$41	2
HITK	$24.20	$26.53	$25.40	$233	10
JAZZ	$31.95	$34.50	$32.76	$201	8
PDC	$15.28	$15.34	$0	$12	0
PRX	$33.83	$33.64	$32.50	$17	0
SINA	$142	$142.20	$0	$8	0
SLE	$18.42	$18.62	$18.25	$27	1
TOTAL	------------	-----------	----------	$334	---------

Rough week

To believe in the overall trend and buy long in stocks is hard when you look at the short term and things are sinking. But that is what I did this week and I had some losers as well as one shinning star. HITK I bought two days ago and I already have a 12% gain in this position. The trick now is to not be greedy and hang-on to the majority of that gain. I will just let the market do it for me and let a stoploss order do it for me and monitor.

Jan	Feb	Mar	Apr	May	Jun	YTD 2011
$5.41	$698.41	$163.29	$946.27	$0.00	$0.00	$79.20

Stock	Entry	Price	Stop	Profit	% Gain
CSTR	$48.48	$48.65	$46.50	$10	0
CVI	$22.90	$23.54	$21.50	$83	3
CVS	$36.40	$35.87	$35.30	$36	1
HITK	$24.20	$27.07	$25.40	$287	12
JAZZ	$31.95	$34.52	$32.76	$203	8
PAY	$55.37	$53.77	$53.38	$88	3
PRX	$33.83	$33.54	$32.50	$26	1
REE	$15.60	$15.62	$15.13	$4	0
SLE	$18.42	$18.53	$18.25	$15	0
SLW	$46.45	$42.61	$42.07	$207	8
SNDA	$44.40	$43.96	$42.40	$25	1
TWI	$26.37	$25.72	$25.79	$65	2
TOTAL	------------	-----------	----------	$155	---------

Wishy washy no direction week so far.

Well with one day left in the trading week, it seems that we are going to have a 1% loss and maybe more. On the bright side, the market open down this morning and fought an clawed it’s way back up hill. Because I believe that the overall trend, based on the weekly chart, is still in an uptrend, I have still been buying long positions in stocks. I added PRX and CSTR and I’m currently down a total of $33 on those two positions combined. Then I got back into 2 positions I sold last week in PAY and REE. I’m up $33 combined on those two positions. Then today I sold TK right before it reversed back to positive, but I should have sold it 3 or 4 days ago.  I did not do well with me discipline on this trade. I paid the price to. Lastly, I added HITK today and the stock was up 9.45% today and I got 6.28% of that. I have no idea what drove this stock, but I wish I would have bought that instead of TK when I had them in my buy list last week.

Still can’t tell which way this market is going to go, so be careful is the theme.

Sold TK today for $217.67 loss.

Jan	Feb	Mar	Apr	May	Jun	YTD 2011
$5.41	$698.41	$163.29	$946.27	$0.00	$0.00	$79.20

Stock	Entry	Price	Stop	Profit	% Gain
CSTR	$48.48	$48.39	$46.50	$6	0
CVS	$36.40	$35.61	$35.30	$54	2
HITK	$24.20	$25.72	$24.33	$152	6
JAZZ	$31.95	$34.17	$32.76	$175	7
PAY	$55.37	$54.00	$53.38	$75	2
PRX	$33.83	$33.53	$32.50	$27	1
REE	$15.60	$16.14	$15.13	$108	3
SLE	$18.42	$18.37	$17.98	$7	0
SLW	$46.45	$42.88	$42.07	$193	8
SNDA	$44.40	$43.60	$42.40	$45	2
TWI	$26.37	$25.67	$25.79	$70	3
TOTAL	------------	-----------	----------	$42	---------