Today, my new Automatic Investment Plan kicked in.
I got 2.1473 shares of Apple (AAPL) at $347.42 per share.
Analyst predict AAPL will go up to at least $400 in the next 18 months. Watching the charts, this statement is not too far fetched. Plus, with WWDC 2011 just around the corner, AAPL is poised to release their new Mac OSX version (Lion) and people still hope for a new iPhone 5. Even if the iPhone 5 does come out in the fall (per rumor mills), AAPL is all but guaranteed to have record sales for 2011 because of the iPad 2, new iMacs, Mac OSX Lion and the iPhone 5 (with some push for the iPods in September). Also, this weekend marked the first time AAPL beat Google (GOOG) as the world's most valuable brand. AAPL is kinda down today... most likely from profit takers or mutual funds re-balancing their positions (Like the NASDAQ index).
I got 1.3806 shares of Lululemon (LULU) at $98.51 per share.
Currently, LULU is a bit higher than when I placed my order.Roughly 2-3 points down from the Day's high. I still believe LULU has some room to run leading to the impending 2-1 stock split in June. It is also not too far fetched that LULU will be the next Chipotle or Netflix. High quality brands and room to grow in the US, Europe and Asia.
I got 2.9717 share of Xilinx Inc (XLNX) at $35.67 per share.
I bought some more XLNX ahead of it's X-Dividend date of May 16. If I had more cash, I'll buy some more.. I'm practically getting paid to buy the stock. I'll probably lock in some earning or re balance after I get the dividend reinvestment.
With this action, I'm a bit overweight in the Tech Sector. This is a no no.. but in this case, I think I can ride out the imbalance because of two impending events with my 2 Tech positions. Apple's WWDC and iPhone 5 and XLNX's X-dividend date.
I'll reconsider my positions as soon as these events pass.
Showing posts with label Target Price. Show all posts
Showing posts with label Target Price. Show all posts
Tuesday, May 10, 2011
Friday, April 8, 2011
Week Lessons
I just did a rear view mirror look of my investment moves last week.
Even though the market value of my investments are up, I'm still behind due to the fees that was charged to me to execute my trades.
Recap:
Total Money Put in fund: $200 + $50 bonus = $250.00.
Market Value of investments: $221.55 (as of 9:58 am PST)
Loss: $28.45
Fees paid $29.85.
Lessons learned:
Purchase positions that would bring more bang for my buck after fees.
ex: Buy 5 LULU at $90 each ($450) at one time with only $9.95 paid in fees instead of 5 different trades of LULU at $90 each ($450) and pay $49.75 ($9.95x5) in fees. Whatever dollar cost averaging discount I get from buying in different times would have been eaten by the fees.
Plan of action: Perhaps do a monthly trade of blocks of stocks instead of buying one-by-one. Also, do the automatic investment plan where the fees would be $4 instead of $9.95.
Even though the market value of my investments are up, I'm still behind due to the fees that was charged to me to execute my trades.
Recap:
Total Money Put in fund: $200 + $50 bonus = $250.00.
Market Value of investments: $221.55 (as of 9:58 am PST)
Loss: $28.45
Fees paid $29.85.
Lessons learned:
Purchase positions that would bring more bang for my buck after fees.
ex: Buy 5 LULU at $90 each ($450) at one time with only $9.95 paid in fees instead of 5 different trades of LULU at $90 each ($450) and pay $49.75 ($9.95x5) in fees. Whatever dollar cost averaging discount I get from buying in different times would have been eaten by the fees.
Plan of action: Perhaps do a monthly trade of blocks of stocks instead of buying one-by-one. Also, do the automatic investment plan where the fees would be $4 instead of $9.95.
Tuesday, March 29, 2011
First Trades In...
I had to adjust my limit orders from yesterday.
The limit order prices I set were too low which resulted to me to miss a great rally today.
I kept my emotions in check and tried my best not to chase the rally by doing Market orders and at least I was able to put my position in at a reasonable price.
I was able to adjust my LO for XLNX from $31 (Too Low) to $33.00. $0.16 more than the 03/28/2011 closing price for XLNX. As of this posting, XLNX's trading day range was $32.38-$33.14. Had I put in my LO for $32.50, I would have ridden the rally to $33.14. But then again, no use in crying over spilled milk. I did not lose money and that's more important.
First lesson: Be mindful of my entry price. Try to get a stock on a pullback but be realistic with your target price. I may want to buy Apple Stocks but I'll wait for a long time before I can get it at $1 (as an example).
With 1 hour left till the closing bell, XLNX is holding steady at $33.04.
I tried to adjust my LO for LULU from $83 (again, too low) to $87.90. $2.63 higher than yesterday's closing price. Unfortunately, LULU broke it's 52-week high today and has stayed their for most of the day. I have to re-evaluate my LULU strategy before setting up another LO. In as much as I want to get in to LULU, I fear I may have missed my opportunity. Well that's life. There will be other Bull Markets for me to ride in the future.
Also, this will be the first and last time, I'll adjust my LO's. The reason I put in the LO is get the stock for the price I want. The key from now on is to be very particular (and realistic) when it comes to pricing my target price.
The limit order prices I set were too low which resulted to me to miss a great rally today.
I kept my emotions in check and tried my best not to chase the rally by doing Market orders and at least I was able to put my position in at a reasonable price.
I was able to adjust my LO for XLNX from $31 (Too Low) to $33.00. $0.16 more than the 03/28/2011 closing price for XLNX. As of this posting, XLNX's trading day range was $32.38-$33.14. Had I put in my LO for $32.50, I would have ridden the rally to $33.14. But then again, no use in crying over spilled milk. I did not lose money and that's more important.
First lesson: Be mindful of my entry price. Try to get a stock on a pullback but be realistic with your target price. I may want to buy Apple Stocks but I'll wait for a long time before I can get it at $1 (as an example).
With 1 hour left till the closing bell, XLNX is holding steady at $33.04.
I tried to adjust my LO for LULU from $83 (again, too low) to $87.90. $2.63 higher than yesterday's closing price. Unfortunately, LULU broke it's 52-week high today and has stayed their for most of the day. I have to re-evaluate my LULU strategy before setting up another LO. In as much as I want to get in to LULU, I fear I may have missed my opportunity. Well that's life. There will be other Bull Markets for me to ride in the future.
Also, this will be the first and last time, I'll adjust my LO's. The reason I put in the LO is get the stock for the price I want. The key from now on is to be very particular (and realistic) when it comes to pricing my target price.
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