Written by Sidney on October 25, 2009

Woah! It's been almost a week since my last post, but rest assured we're still around, and yes, we're still in business!  The S&P 500 was volatile this week, but ended the week down marginally by 0.74%.     Our portfolio had mixed results this week - winners include ARO (+2.96%), LINC (+2.72%), and WMS (+1.85%).  Losers include GS (-2.17%), XHB (-2.84%), and SBUX (-1.79%).  Al...

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Portfolio Weekly Update: Oct 25, 2009

Written by Sidney on October 18, 2009

The S&P 500 index continued its climb last week, moving up by 1.5%. However, some stocks in our portfolio, in particular Goldman Sachs (GS), took a beating this week, dropping 2.6%.  The stock price is currently sitting at its 20 day exponential moving average, which has been a strong support for GS since March 2009.  We'll be cautious should the stock price falls below this support level. ...

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Portfolio Weekly Update: Oct 18, 2009

Written by Sidney on October 11, 2009

The S&P 500 index rebounded sharply last week, raising 4.5% and closing right at its 52-week high reached in September 2009.   All of the stocks in our portfolio moved higher as well with the broader market, most notably WMS Industries (WMS) and HomeBuilders ETF (XHB), which rallied 11.4% and 6.2% respectively. However, we remain cautious of XHB as it hits overhead resistance from its 2...

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Portfolio Performance Update

Written by Sidney on October 7, 2009

Stocks of Goldman (GS) rose 1.87% today to close at $190.48, above key resistance at $188.16 as previously highlighted in our GS technical analysis.  GS bought today near closing at $190....

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Written by Sidney on October 4, 2009

The market was in a correction last week, with the S&P 500 index dropping 1.8%.  Most of the damage was seen in the past 4 trading days when the index dropped 3.6%. Our portfolio has proved to be resilient in this correction.  WMS and GLD rose for the week, while LINC remained almost flat.  Stocks with the most significant dips for the week include XHB, MHS, and ARO.  We shall look at t...

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Portfolio Performance Update

Written by Sidney on September 26, 2009

It was a down week for the broader market, with the S&P 500 index dipping 2.2%.  The real question is how long this correction is going to last as we wrap up the third quarter and move into earnings season next month. There were no changes to our portfolio.  Our stocks generally declined this past week together with the broader market, with a notable exception being LINC.  LINC rallied 8...

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Portfolio Performance Update

Written by Sidney on September 20, 2009

It has been a while since I last updated my trading portfolio.  Going forward, we are going to update our portfolio on a weekly basis for tracking purposes. Our portfolio as of Sunday Sep 20, 2009 is as below.  Each transaction is based on a unit quantity (i.e. one share).  Also, please note that trade results for holdings which have been sold are recorded under "Realized gain"; whereas "Ga...

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Portfolio Performance Update