Tag Archives: MA

I’m so close!

25 Jan

My recent purchase of ECA is proofing to be a good buy.  Right now, If I sell my ECA and MA… I will make my $500/mo profit mark in my QT Margin account.  I’m trying to decide whether both of them will continue to be on the upswing.  This is decision time!

My last decision of selling out CLF proved to be the wrong move.  I could have made an extra $670 more!! SIGH.. name of the game!

Long Haul

23 Jan

Looks like I’ll be sticking with Mastercard for the long haul.  I had a couple of opportunities to selling Mastercard at breakeven or even at a little profit, but I had higher hopes for them!  So I kept it.  That was a mistake.  I should have sold and bought back at an even lower price of $338.50 that they’re going for right now.  My average is at $350.  So this is a longer term hold that I had expected.

I always hold the wrong stocks and sell off the good ones.  Like Cliff Natural Resources, they went on to go into the lower $70s.  I could have made my $500 plus some more quota if I only had held on.

ECA is making a nice buck today… If I sell now, I can meet my $500 quota for the month.  Should I wait for more profits or take it while I can?  I will ponder some more… before I make my decision.

Market Playground

11 Jan

Yesterday would have been an opportune time to let go of my depreciated shares of Mastercard.  I would have broken even if I had known today would be a major downer.  As the word goes around the market, it’s a big playground full of obstacles.  There are slides, swings, teeter totter… have fun while you can, but always be careful not to fall off.

MasterCard Incorporated (Public, NYSE:MA)
340.48
-8.35 (-2.39%)
Real-time:   11:32AM EST
 

As for Cliffs Natural Resources, I’m almost to my target hit of $70.  I am still contemplating whether I should keep or rake in my profits while I can.  What will tomorrow bring for me?  Is it going to be another gain or another disappointment!

Topping up my Portfolio

9 Jan

QT TFSA:  340 @ $18.90/share – IPL.UN on TSE
For 2012, I’ve added another $5000 to my TFSA account.  Selling IPL.UN for POT was my biggest mistake in this account.  I sold IPL.UN out for 900 @ $16.13/share and bought POT 300 @ $47.00/share end of September.  At first, it seemed like a great idea as POT gained a few bucks in a matter of a few days.  However, I got greedy as always and held on, now POT is at $42.58/share vs IPL.UN at $18.90/share.  I am still holding POT at a loss, waiting for it to climb back up into the low $50s before moving on.

QT MARGIN:  100 @ $66.20/share – CLF on NYSE and 20 @ $344.81/share ($4685.09 of $6896.20 on Margin)- MA on NYSE
I was inactive during December which was a mistake as it was full of opportunities for me to scoop up some depreciated shares.  Now, I am paying for the price.  It is time for me to get back into the game and start waging on some stocks.  It’s been a while since I bought back into CLF, even though it’s not at the most attractive buy in price.  I think it might be able to hit $70/share.  As for MA, this is the only upside since I made my purchase last Wednesday.  This might be the support now, might be a good time to average down and see what will transpire in the next few days.

As of today, I am fully invested in all of my brokerage accounts.  Current Value:  $90,047.52.  Stock Count: 13.  My sights of $100k is within reach this year only if I keep a steady course of raking in $500/mo which seems impossible as I have too many different stocks pulling at different ways.

At least I get $3 in dividends!

6 Jan

Third day holding Mastercard equals to 4% loss at $286.55.  Buying Apple would have been the clear winner of this week!  This goes to show you how buying on a down trend can really eat up your own money!  What a stellar start to a new year with a disappointing loss.  I haven’t sold out yet, so it’s not a real loss yet!

January 6, 2012
$342.92
-9.49 (-2.69%)
Jan 6 – Close

Re-entered Mastercard

4 Jan

Mastercard is on decline today.  I picked up 20 shares @ $357, but it went further down from my buy in price.  Maybe I jumped a little too early this morning.  Exit price is $380.

CURRENT PRICE for MASTERCARD
$353.65
-14.72 (-4.00%)
Real-time:   12:47PM EST

Just $10.10 shy of my monthly $500 profit goal

3 Jan

Trading summary for December 2011:

I sold out at the right time, but I missed out on opportunities to RE-BUY for both stocks.  I was not active in December at all due to the depressing amounts that befell on my other stocks.  Laying low, out of harm’s way till things start to tide over.

TICKER QTY BOUGHT SOLD CHANGE PERCENTAGE
MA 20 7204.95 7614.90 409.95 5.69%
AAPL 20 7694.95 7774.90 79.95 1.03%

One Trade in November at a LOSS

1 Dec

I sold out Groupon at a loss:  $374.95

If a stock is tanking everyday from your buy in price, it means trouble.  I had to cut my losses when I had the chance.  Today, Groupon is trading at $18.79.  Their lowest point was at $14.85 just a few days ago… always look for the red days to pick up some good value stocks! 

November was a slow month for me.  Not much trading at all.  I picked up a few stocks like Mastercard; Apple; Keg.un and adding a couple hundred shares in Just Energy which never seems to go up but down.  Don’t know why I keep averaging down on that sucker, the monthly dividend is a little more than 10c per share… now I have like 600 shares but with a loss at more than $1200!  Let’s see how time will prevail. 

Today’s trade:  I sold out MA ($420-9.90) and APPL ($90-9.90) to make up for my loss in Groupon.  Just a few days ago, I was deep in the red.  Sometimes, you just have to play the game and set your profits before they go down like a rocket!

TICKER QTY BOUGHT SOLD CHANGE PERCENTAGE
GRPN 100 2,869.95 2,495.00 -374.95 -13.07%

Welcome aboard Mastercard

4 Nov

Mastercard is a sure thing.  Used by millions of users around the world, swiping is second nature to most people these days in the spending world.  Missed plenty of opportunites with Mastercard on my part.  Today, I made the first leap into 20 @ $360/share.  It’s not a significant amount, but sizable to make a difference if it goes up or down by a few bucks!

Missed Chances

28 Oct

Looking back on Tuesday and Wednesday, it was the perfect opportunity to get back into stocks that I was looking at CLF, MA for USD stocks and LLL, TCK.B for CAD stocks.  But I was being iffy and didn’t want to take the chance.  On Thursday, all stocks across the board made a significant jump due to Euro debt situation being resolved.  Pulling my hair out as I missed the launch of some great gains. 

For now, I’m sitting on the sidelines with cash on hand… it’s kind of boring, but I don’t want to make the mistake of buying at its high! 

My two biggest losers right now are XFN down $647.15 and JE down $834.00, both of them do pay a monthly dividend of about $70/mo.  BMO and MFC have made some lead way back to my buy in price.  Once they have reached into profitability, I’m selling those in a heartbeat!

October is coming to an end… I made my quota for $500/mo profit 🙂  Maybe I should set my sights on a higher profit.  Better not get ahead of myself now!