Return for 1st quarter of 2012

I am thankful to report that the return for my self-managed 401K for the first quarter of 2012 is 35.4%.

My other account seems to be about the same but the reporting lags a bit (roughly 33% through the end of 2/2012).

It's been an interesting year so far with the issues in Europe.  Although the situation seems to be improving somewhat - http://www.bloomberg.com/video/89345081/ .

I'm still holding long positions in AAPL by the way.  More interesting data here: http://finance.yahoo.com/q/op?s=AAPL+Options , http://finance.yahoo.com/q/ao?s=AAPL+Analyst+Opinion , http://research.investors.com/quotes/nasdaq-apple-inc-aapl.aspx?fromsearch=1 , http://research.investors.com/stockcheckup/nasdaq-apple-inc-aapl.aspx .

Good luck with your trading / investing.  Cheers.

Disclaimer: Please only use this information with a grain of salt and at your own risk / for educational purposes. I am not an investment advisor so please seek professional help if that's what you're looking for.

Update 3/20/12

Apologies for not updating this sooner.  I was stopped out of my long position in Apple the other day at $590. I might consider another long position, or positions, in AAPL.  The data (call volume, analyst price targets, sales, etc...) looks pretty good so far.

It'll be interesting to see how the market reacts to the dividend and stock buyback initiative.  There's still concerns about Europe and China also...  Best of luck with your investing / trading.  Cheers.

Update: I bought back into AAPL at roughly $595.94.  Have a good one.

Disclaimer: Please only use this information with a grain of salt and at your own risk / for educational purposes. I am not an investment advisor so please seek professional help if that's what you're looking for.

Still bullish on the fruit stand and iPad 3 is on the way.

I may sound like a broken record but I am still bullish on AAPL. An announcement regarding the iPad 3 is due on 3/7.  Call options volume still looks good and other technical data points and fundamentals look favorable as well.  There were some interesting Bloomberg podcasts recently regarding the overall market and Apple as well.  Good luck with your trading / investing.  Cheers.

Disclaimer: Please only use this information with a grain of salt and at your own risk / for educational purposes. I am not an investment advisor so please seek professional help if that's what you're looking for.

AAPL again

I bought another long position in AAPL this morning.  There's still uncertainty regarding Greece.  However, Apple should be fine in my view regardless.  Good luck with your trading / investing.  Cheers.

Disclaimer: Please only use this information with a grain of salt and at your own risk / for educational purposes. I am not an investment advisor so please seek professional help if that's what you're looking for.

Update on AAPL

I sold part of my AAPL position yesterday for an overall gain of just under 18%. It was above the price target that I was previously tracking and it seemed like a good selling point given the call options volume (yesterday).  I might reconsider another long position with Apple if it makes sense.  The mean price target is still looking good and today the call volume looks decent around 505 which isn't too bad.  Although there seems to be a undertow in the broader market right now due to Greece's indecisiveness.  Good luck with your trading / investing!  Cheers.

Disclaimer: Please only use this information with a grain of salt and at your own risk / for educational purposes. I am not an investment advisor so please seek professional help if that's what you're looking for.

90 Seconds with Art Cashin: Will the ECB Take a Haircut?

Here's an interesting, and brief, market update from the respectable Art Cashin.
 

I still have a long position in AAPL.  I plan to do a bit more stock screening soon also to likely buy another small position in a different company.

Please leave a comment with any feedback or things that you'd like to see on this blog and I'll do my best to respond.  Cheers.

Disclaimer: Please only use this information with a grain of salt and at your own risk / for educational purposes. I am not an investment advisor so please seek professional help if that's what you're looking for.

Apple had a great quarter (1/24/2012 earnings)

In case you have not heard, Apple had a great quarter.  Marketwatch has a good article on what their results were.  Last time that I checked AAPL was up to $452 in after-hours trading.  It should be interesting to see what their outlook is given that they'll start selling the iPhone in China soon; other rumors abound too of course (iPad 3, iPhone 5, sales in India).  Cheers.

Disclaimer: Please only use this information with a grain of salt and at your own risk / for educational purposes. I am not an investment advisor so please seek professional help if that's what you're looking for.