Archive for August, 2007

Dow Jones Industrial Down 315 Points, Market Offically Hit 10 Percent Correction, Buying Opp For Long-Term Investors

Thursday, August 16th, 2007

by Das Brain

Dow, S&P, Nasdaq all down  10 percent correction

Currently the Dow, S&P and Nasdaq are down big. Watching Bloomberg news at my trading desk here Bloomberg has announced that it is officially a 10% correction.

This fits one of my criteria for buying quality stocks or options as outlined in my post “When to buy a stock or option – Market Timing”

Apple (AAPL) Stock Price Got Crushed Friday Morning Hit $120, Scoop And Profit

Tuesday, August 14th, 2007

by Das Brain

Last Friday August 10th, Apple’s stock (AAPL) got hit. On the intraday Apple’s stock price hit a low of $120 and then shot back up to $127.62 then closed on the day at $125. Whoaaa…..what a roller coaster ride, volatility has been a big issue over the month or so.

Apple (AAPL) Beaten Down On DRAM Cost Increase Worries…Buying Opportunty!

Thursday, August 9th, 2007

by Das Brain

Apple's stock AAPL hit by higher DRAM price

Today Apple’s (AAPL) stock price took a big hit, it was down almost 5%. It went from $133 down to a low of $125, and now currently trading at $127.25. It wasn’t just the increase in DRAM cost that hit the stock, once again the sub-prime loan issue has reared its head and took the Dow Jones Index down currently 325 points…OUCH!

Closed Off Trade On InvestTools (SWIM) CALL Options, Made Nice Profit

Thursday, August 9th, 2007

by Das Brain

I bought InvesTools (SWIM) CALL contracts with a strike price of $12.50 expiring January 2008, option symbol UKHAV back in mid July and since then all financial stocks in the U.S markets took a big blow to the head including InvesTools.  The stock price dropped from about $12 down to $9.50.  I average down my trade, as based on my research InvesTools is a solid company. 

Discount Broker Review #1 – TD WaterHouse Web Broker Trading Platform Is Outdated, Active Trader Fee Is Ridiculous Compared To Competitors

Tuesday, August 7th, 2007

by Das Brain

Dissatisfied TD WaterHouse web broker customerMy gripe with TD WaterHouse Web Broker Trading Platform (Canada) and the way they route option orders has hit an all time high.

Over the last four months that I have been actively trading with the TD WaterHouse web broker platform I have come across many many bad qualitites and features about TD web broker platform and the way they do things.

Dow, S&P and Nasdaq All Down Big, Is This A Buying Opportunity?

Wednesday, August 1st, 2007

by Das Brain 

NYSE Stock Trader Looks Down - Stock Market DeclineOver the last week, all the U.S indexes has been hit by a sell off of around 6%. Apparently, the jitters are over the sub prime loan issue problem that has hit the U.S, where low income high risk borrowers are having difficulty making their mortgage payments. A large amount of these borrowers are losing their houses and therefore getting out and selling their houses driving real estate prices down in some states.