I recently started a stock picks group where I share all of my stock trades in real time, communicate to members what stocks I buy and sell, and give analysis on the stock market. I also highlight key pre market and after hours news and just try to create a daily trading plan so that we can all make money. I also highlight long term stocks to buy and hold because not everyone is a short term investor. Most importantly, I share with members the right way to trade and invest so they can make more winning trades and avoid losses.
Below is analysis of my trades from August 20, 2012 - August 24, 2012. I had a 3 out of 5 success rate with one open position in Apple (AAPL) stock which is up.
Facebook (FB) - Facebook (FB) is a stock that I bought two weeks ago with an average price of $19.35. After watching the stock rally to $20 twice, I was stopped out of the position at $19.25 for a minor loss on Tuesday.
Williams-Sonoma Inc. (WSM) - I bought Williams-Sonoma Inc. (WSM) at $40.70 on Tuesday night in after hours after the company reported blow out earnings. I sold WSM stock at $42.02 on Wednesday morning.
Hewlett-Packard Company (HPQ) - I bought Hewlett-Packard Company (HPQ) at $19.36 after the company reported earnings on Wednesday night. I watched HPQ rally but then go back down during the conference call which scared me out of the stock at $19.02 for a minor loss.
Rosetta Genomics, Ltd. (ROSG) - Rosetta Genomics, Ltd. (ROSG) was a stock I bought at $5.50 in pre market on Thursday after the big upgrade came out. After watching ROSG rally and then fall several times, I decided to sell at $5.60. Small gain, big mistake, but what can you do!
Aruba Networks, Inc. (ARUN) - Aruba Networks, Inc. (ARUN) was a stock I bought in after hours on Thursday at $18.90 after better than expected earnings. I was able to sell ARUN at $19.70 on Friday for a nice gain.
Apple (AAPL) - I purchased Apple (AAPL) stock on Friday at $656 during the morning dip. I chose not to sell near $670 Friday afternoon because I will either average down or sell much higher.
This week was a quiet one with not much action. I made the best of the situation by jumping on a few earnings plays. Next week should be a lot better.
It was another exciting week! We will be back at it in the Stock Picks Group on Monday -http://www.stockstobuy.org/group/stock-picks