define reasonable profit.
Day trading chimps?
- Thread starter mandown
- Start date
...And AAPL is beginning its re-entry phase back to earth from its journey to the moon.
glad i got in and out with a profit.
Get in now. Christmas is coming. So are 4th quarter earnings from Christmas sales. Apple ain't going under. They're the only company that turned a profit.
Apple Only Vendor to Show U.S. Market Share Growth in Q3
10:35 AM ET 11/10/11 | TREFIS
According to Comscore, Apple (NASDAQ:AAPL) was the only top-five mobile phone company to have grown its U.S. mobile subscriber share in Q3 2011 to give it share of around 10%. Android was the top-ranked smartphone operating system with about 45% of subscribers using handsets running Google’s (NASDAQ:GOOG) software, a 5% increase from three months ago. Apple secured its place behind Android, growing about 1% to hold 27% of the market, and Research in Motion (NASDAQ:RIMM) ranked third with about 19% share. Microsoft (NASDAQ:MSFT) and Nokia (NYSE:NOK) Symbian rounded out the top five with 5.6% and 1.8% of the smartphone base, respectively.
Apple achieved this growth despite the delay in the launch of iPhone 4S, which it eventually did in mid-October. We believe the only worrying aspect from Apple’s point of view is the rapid rise of the Android ecosystem. However, we expect Apple to make a comeback in Q4.
A recent report suggests that the 4S was the best-selling smartphone in October in the U.S. despite only being available for half of the month. The Apple iPhone 4 was also found to be among the three top-selling smartphones.
According to another report, costly hardware failures are more common on Android devices than on iPhones. As such, the total costs of ownership to telecom operators are much higher for Android devices and totals up to as much as $2 billion.
We believe this is another positive news for Apple as operators start to realize the advantages of Apples mobile products, which could see operators promoting Apple phones more heavily in the future.
Our $500 price estimate for Apple stock is about 25% above market price. (article on Etrade)
It depends on the effort and risk. 10% profit might do it. If I could invest $5,000 and come back with $5,500 in my pocket and didn't really spend that much time on it, I would consider it. But unless it can make that $500 in a week or two, it's really not worth much.
Personally, the stock market is no different than gambling to me. I'm more inclined to allocate some funds to play the game, and accept that I might be tossing it away with the chance that I might guess correct on some penny stocks.
If I had a million dollars sitting around in the bank, it might be a different story, but with the unpredictability of the stock market right now, I wouldn't put more than a few thousand dollars in, and with that, I might see $500 after a year of having my money tied up in the market. Just not worth it.
Yup45
Yup56
sto spxu puts last week, maybe btc tomorrow, sto upro puts tomorrow. . . S&P 1220ish, who knows anything can happen over night it seems
congrats to anyone who traded tvix today
congrats to anyone who traded tvix today
no sdow, sqqq, faz or tza? Why puts on a upro? Is the spread not enormous on those now?
VXX was a great play this morning. Im a fool for looking at it and not setting up a conditional order. This pennant pattern is really shaping up!
VXX was a great play this morning. Im a fool for looking at it and not setting up a conditional order. This pennant pattern is really shaping up!
Now the debt committee issue is giving us new volatility. Under Greece volatility, I'd be buying today. However, this new situation requires another 24 hour observation period.
Yeah Europe is getting worse by the day. FWIW, I am trying to stay light going in to next week. The market is in fact open on Good Friday, I see this as a perfect opportunity to "drop" some horrible news on us like a dj drops a beat.
Also, BIGHITR metioned AAPL. It looks relatively juicy on a daily chart now, have a look at the hourly's as well. Moment of truth! A breakout here would be nice to see if you are bullish. But be open minded to this just being a retest of old support (lower diagonal line) before more selling occurs. The On Balance Volume study barely pipped higher yesterday and yet AAPL was up almost 8 points.
Daily
Hourly
I'm looking at buying a bearish calendar on aapl this morning if I can get a good fill.
Also, BIGHITR metioned AAPL. It looks relatively juicy on a daily chart now, have a look at the hourly's as well. Moment of truth! A breakout here would be nice to see if you are bullish. But be open minded to this just being a retest of old support (lower diagonal line) before more selling occurs. The On Balance Volume study barely pipped higher yesterday and yet AAPL was up almost 8 points.
Daily
Hourly
I'm looking at buying a bearish calendar on aapl this morning if I can get a good fill.
holy ****.
Wtfbbq?
I guess this is what happens when you bailout the world and release the best news in months all on the same day. No matter, it's just more fuel on the fire.
damn this lack of volatility.
Earnings season is around the corner, your volatility will be returning soon.
we are back into Dow numbers around the time of the first half of 2008.
HANS is now MNST . . . and down 3%.
appl, who 'da thunk it?
mnst (hans) seems to have topped out.
should have held some of each for longer. live and learn. of course, my cash in hand is worth two in the bush.
mnst (hans) seems to have topped out.
should have held some of each for longer. live and learn. of course, my cash in hand is worth two in the bush.
ahhhhhhhhhhhhhhh run for your lives! aapl reporting earnings tonight. ahhhhhhhhhhhhhhhhhhhh!
i knew there would be a comment. i had pretty good run on apple. i held my last buy too long and ended up selling it at basis instead of a gain.
out of curiosity, i ran a quick excel table to see how momentum trading might work out over a year vs buy and hold.
i took a theoretical $X,XXX nest-egg and dunked it into an imaginary stock that would rise and fall with the market, similar to what i've seen in recent history. i tried various amounts (as high as $50,000 for my model purposes) to see the impact of trade costs on the return ($10 each trade, so $20 in&out). i found that if i could make a 2% gain per trade, once per month, then reinvest the proceeds in a similar trade each month, the annual return would be over 26% (2% per month + compounding), or about 14% on a 1% per trade. seems simple enough. obviously taxes pull a chunk out, but it still seems better than a savng account. find a stock that has a decent stability (or a bit undervalued, with a recent upward trend), then buy on bad news and sell into the rally. in the last year, the market seems supportive of this kind of game.
out of curiosity, i ran a quick excel table to see how momentum trading might work out over a year vs buy and hold.
i took a theoretical $X,XXX nest-egg and dunked it into an imaginary stock that would rise and fall with the market, similar to what i've seen in recent history. i tried various amounts (as high as $50,000 for my model purposes) to see the impact of trade costs on the return ($10 each trade, so $20 in&out). i found that if i could make a 2% gain per trade, once per month, then reinvest the proceeds in a similar trade each month, the annual return would be over 26% (2% per month + compounding), or about 14% on a 1% per trade. seems simple enough. obviously taxes pull a chunk out, but it still seems better than a savng account. find a stock that has a decent stability (or a bit undervalued, with a recent upward trend), then buy on bad news and sell into the rally. in the last year, the market seems supportive of this kind of game.
How much in losses did you factor in?
none. just a 1-2% gain on a trade, limited to one per month. i was looking into the return upside ceiling. i wanted to know what was possible, not what was probable.
understood. i wanted to quantify "the best" in this case so i could contrast against buy-and-hold. my calc was based on curiosity and theory, to find the upper limits and get a sense of sensitivity. YMMV.