Friday, December 3, 2010

Didn’t start out to great, but it held on.

First thing this morning the news about unemployment sounded like it was going to take the market down, but by the end of the day, bang we had a small gain. Up .27% today and 3.44% for the week. A very nice start to the month of December and a very good week. Like I said yesterday, we need to hold $1219.80 on the S&P and climb away from here, even if it’s just a few points at a time. All indexes are on the rise, so we stay invested and ride the trend.

Today I picked up a small dividend of $7.80, so I’m up for the month. Yea! DECK, was upgraded to $88-$92 a share by two firms and today I got a $5 pop a share. Tonight after the market closed, I put three more stocks in the stop loss black and now I have 6 out of 9 positions secured in the money.

$7.80 realized profit today. AVG = $2.60 a day. Personal goal = $50 a day.  3 of 23 trading days for December complete.

YTD $818.51
December $7.80
November $1885.49
October $1174.75

Stock

Entry

Price

Stop

Profit

% Gain

ATML

$10.71

$11.70

$10.80

$230

9

BRCM

$43.91

$45.76

$44.05

$102

4

CTSH

$64.98

$69.31

$65.78

$151

7

DECK

$73.18

$82.88

$75.00

$843

13

LULU

$51.50

$53.38

$51.23

$94

3.6

LVS

$50.55

$49.24

$44.08

$65

2.6

SBUX

$28.53

$32.72

$30.71

$251

15

SVM

$12.35

$13.59

$12.65

$248

10

TTM

$33.40

$31.65

$29.73

$131

5

TOTAL ------------ ----------- ---------- $1723.00 ----------

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