Sold 50 Shares of PEP

PEP has a PEG of 3.7ish.     That is starting to look really expensive when considering its growth rate.    I still like the stock long term and will be buying more at lower levels.

I sold 50 shares of PM at 90.3

Want to make sure I have some $$ available for the next market oops by EU US or the BRICs.      Phillip Morris has had a good run and I am not understanding how they will keep the run moving.   This is a quality stock that treats its stockholders right so it is hard for me to sell.   

Bought an aapl January 600 call for 53.2 SOLD at 55.7 Aug 8

7/24/12 - Let's see if the casino trade works. I believe iPad sales will be stronger than expected.


8/3/12 - Well this trade did not work out at all as expected.    I think the market is weird right now and I expect some churning with the EU to start now that the optimistic earnings season is done.   Also, I feel lucky this option climbed out of the 40% decline and now I made 4% in one week.   I am thankful and hopefully I will not regret APPL getting away from me. 

What I learned from this Trade:

1. Dont trade apple before earnings season.   There is too much typically a week down at earnings and after earnings.     Really there is less risk buying directly after earnings season.
2. Buying and sellling during around earnings announcements is really entering the casino.    The real advantage to buying stocks is there is an inherit advantage originating from their inherit value.

From here on out I am going to try to get some more appl in the mid 40s again.     I do think there earnings can not be held down forever.

Time to Buy GLD? - EU, US Fiscal Cliff, BRICs Dropping

If we are expected another recession wouldn't gold be the place to be? 

Need to check new Indian Luxury Taxes and why Indians are not buyers anymore.    Chinese are buying and that one of the few safe investments available for chinese currently.    Thoughts?

I have not acted on this thought yet. Timing is everything with this trade. I think the market needs to get worse and safe haven bonds in Germany, US, etc need to become less safe. I think that is suggesting more inflation is needed to make this trade feasible... 

So probably waiting for some inflation....

Time to Buy GLD? - EU, US Fiscal Cliff, BRICs Dropping

If we are expected another recession wouldn't gold be the place to be?   

Need to check new Indian Luxury Taxes and why Indians are not buyers anymore.    Chinese are buying and that one of the few safe investments available for chinese currently.    Thoughts?

What is a BUY with EU and China Having Issues?

Banks?   EU exposure could still bring the group down, but in most cases there is still a severe discount existing.
Gold  - The US currency has replaced the yellow metal as a safe haven.   Will that change when the Budget Cliff starts to be discounted into the market.
Materials Stocks - How Low can they go?

Sold 100 Shares of GE

Stock seems to have been hovering around its 52 week high for way too long.    Have the fundamentals for GE really changed that much or are people just relying on the dividend stability?   Let me know your thoughts?

What Bull Market Positives are Left Out There?

Positives:
1.   Earnings Season though positive will likely be positive again

Negatives:
1. Summer Duldrums stuck in low Volumes
2.  China's Degrading Market
3.  EU Political Indecision and Lack of Committment
4.  US Budget Cliff / Temp Tax Cuts / Lack of Political Consensus


I would suppose this means we are in a Bear Market for some time?    Thoughts?

Wow if last year is a blueprint for this July watch out BELOW!