stocks – Page 4 – The Generation X-Files

6Dec

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Tim’s Adjusted Strategy: Month 7

November 1st was the first trading day of November. Nvidia was the top performing stock of the S&P 100 over the previous six months from May through October. Therefore, I held the four shares which I previously bought on September 1 for $225.79 each for a total of $903.14. I also held $36.24 in cash which equaled a grand total of $939.38. NVIDIA's Endeavor building in Santa Clara, California. Last Tuesday, November 30th was the last trading of that month and Nvidia (NVDA) closed at $326.76 so my four shares were valued at $1,307.04. Add the $36.24 in cash to that amount and the grand total equaled $1,343.28 through the first seven months with this strategy. I started with $1,001.66 on May 3rd. So over the last seven months, this modified strategy is up 34 per...

5Nov

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Tim’s Adjusted Strategy: Month 6

October 1st was the first trading day of October. Nvidia was the top performing stock of the S&P 100 over the previous six months from April through September. Therefore, I held the four shares which I previously bought on September 1 for $225.79 each for a total of $903.14. I also held $36.24 in cash which equaled a grand total of $939.38. This equaled the amount of the proceeds from the stock I bought and sold in August, Capital One Financial (ticker: COF) along with the cash I held in August. On October 29th, the last trading of that month, Nvidia (NVDA) closed at $255.67 so my four shares were worth $1,022.68. Add the $36.24 in cash to that amount and the grand total was $1,058.92 through the first six months of this trading strategy. I started with $1,001.66 on May 3...

1Sep

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Tim’s Adjusted Strategy: Month 4

August 2nd was the first trading day of August so I purchased 5 shares of Capital One Financial Corp., the top performing stock of the S&P 100 over the previous six months from February through July. I bought the shares for $160.03 each, for a total investment of $800.15. I also held $105.18 in cash. These two amounts totaled $905.33, the sum of the proceeds from the stock I bought and sold in July, Ford (ticker: F). With the end of August, it was time to close out the position and identify the new top stock of the S&P 100. August 31st was the last trading day of the month so I sold the 5 shares of COF for $165.64 each. In addition to that, the stock paid dividends of $6 on August 20th. The proceeds totaled $834.20 yielding a one month gain of $34.05 and a return of 3.8 p...

2Jul

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Tim’s Adjusted Strategy: Month 2

This is a follow-up to my last post, Tim's Adjusted Strategy: Month 1. June 1st was the first trading day for that month so I bought six shares of Capital One Financial Corp. (ticker: COF), the top performing stock of the S&P 100 over the previous six months from December 2020 through May 2021. I bought the shares at $166.24 each for a total investment of $997.46 and held $29.93 in cash. This totaled $1,027.39 which was the amount of the proceeds left from the sale of the stock I held in May (month 1), Wells Fargo & Company. With the end of June, it was time to close out the position and identify the new top performing S&P 100 stock. This past Wednesday, June 30th, was the last trading day of the month but I actually sold the COF shares yesterday morning on Thur...

31May

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Tim’s Adjusted Strategy: Month 1

This is a follow-up to my last post, Tweaking, Trading and Testing Tim’s Strategy. May 3rd was the first trading day for that month so I bought twenty-two shares of Wells Fargo & Company (ticker: WFC), the top performing stock of the S&P 100 over the previous six months from November 2020 through April 2021. I bought the shares at $45.53 each for a total investment of $1,001.66. With the end of the month, it was time to close out the position and determine what the new top performing S&P 100 stock is. Last Friday, May 28th, was the last trading day of the month so I sold the WFC shares for $46.70 each. The proceeds totaled $1,027.39 yielding a total profit of $25.73 and return of 2.6 percent. It's actually not a bad return for one month. WFC outperformed the benchm...

8May

By X Man1 Comment

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Tweaking, Trading and Testing Tim’s Strategy

On April 28th, Tim Fortier of True Market Insiders published Sell In May? No Way! where he proposes playing something of a "hot hand" strategy. This is a dynamic trade which is adjusted monthly. His construct includes taking a long position in the top performing stock of the Standard and Poor's 100 Index over the previous six months. The second part of the portfolio is cash. The weight (allocation) of funds going in the stock is determined by setting the overall volatility of the portfolio to equal that of the market. Currently the market's volatility is fifteen percent according to Fortier. But in order to calculate the proportion to be invested in the stock, one must know both the volatility of the market and the stock in question. These variables may be found with so...

The Money Machine: I Just Made My Easiest Seven Grand!

23Jun

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The Money Machine: I Just Made My Easiest Seven Grand!

A fistful of dollars! Photo by Andrea Piacquadio I don't trade Bitcoin. I'm not an options trader. I'm not even a day trader. I'm an investor. Last year, I started buying stocks. For quite some time, I was interested in building a portfolio. The reason is simple. I don't plan on working forever. I want to retire someday. And stocks are a major component of my retirement plan and savings. The Biggest Winner In March of 2019, I bought five stocks. The Walt Disney Company, Tesla, and Amazon are three of the companies I purchased. Everyone knows them. The other two you may not be familiar with: Mercado Libre and Shopify. Shopify's my biggest winner. And not just of this group of five. (adsbygoogle = window.adsbygoogle || []).push({}); ...

Late Tuesday, Netflix Reports a Spike in Q1 2020 Subscribers, Prompting a Brief Jump in its After Hours Stock Price

22Apr

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Late Tuesday, Netflix Reports a Spike in Q1 2020 Subscribers, Prompting a Brief Jump in its After Hours Stock Price

Not surprising, with tens of millions of Americans under Stay at Home orders in the United States, more are turning to online streaming services. Netflix has been one of the leaders in this industry for several years now. After the markets closed, Netflix reported 15.8 million new subscribers in the first quarter of 2020, exceeding the company's own projections. (adsbygoogle = window.adsbygoogle || []).push({}); During the same period last year, less than 10 million subscriptions were added. In all of 2019, Netflix added 27.8 million subscribers. Netflix now has a total of nearly 183 million subscribers worldwide. Netflix reported these numbers late in the trading day and it's stock closed at $433.83. Right after the closing bell in after hours trading, ...