Carlos Molina :: Swing Trading :: Trading stocks to make money in the market.

Market Strategies

March 16th, 2010

Hello everyone, thank you for visiting my blog. I created this blog with the only purpose of showcasing all the opportunities that are out there in the markets in today’s world. Using stocks, options, and some ETFs; along with some technical analysis we can be in for a good ride in the markets. Let’s make 2010 a profitable year!!!!

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\\ Open&Close Positions

March 18th, 2010

Closed positions

Today, I got closed on my QCOM positions. I have completely forgotten I had placed an order to exit at $40.25. So, the position was filled this afternoon. Not bad for a 12% gain.
Also, it was time to get ride of AA Alcoa, I sold it today @$14.80 for a 9% gain.

March 18th, 2010

Buying some VIX Calls for protection

After the huge movement in the markets, is time to buy some protection against our portfolio. Even though we might continue to see some movement to the upside, I think a small pullback is about to happen. Today, I am buying some contracts on the VIX Apr $16 Call @$4.00. Best wishes everyone,

March 1st, 2010

Buying some QCOM

Opening a position in Qualcomm this afternoon. Once the stock hit $35.85, I pulled the trigger. This is a great company with a lot of potential but lately has been taken down due to their earnings. For a trade I expect the stock to bounce to the $40 level. Take a look at the charts.

February 25th, 2010

Buying PCLN Call March $230

Priceline has been in my radar since January, after earnings the stock went up to $235+, well today it touched the $220 level, that gave me an entry point for the March $230 Calls at @$3.70.

February 25th, 2010

Buying some more RIMM March $70 Calls

Yesterday, I mentioned to you guys that if RIMM was to pullback I was going to get in the trade once again.
Well, the dip was IN this morning…. I opened some contracts on RIMM March $70 Calls @$1.94. So far the chart is showing that RIMM wants to go higher. The price target $90.00

\\ Watchlist

March 29th, 2010

RIM results focus to be on price, profit margin

(Reuters) – Research In Motion (RIMM) is expected to report this week it sold a whopping 11 million BlackBerries in its latest quarter, which may offset the impact of falling prices and narrower profit margins.

March 26th, 2010

Next week in the markets

This are some of the important events happening next week in the markets.

March 19th, 2010

More steam left in railroad stocks

On Friday, J.P. Morgan and Longbow Research joined other analysts in the past week who have raised 12-month price targets for Norfolk Southern (NSC 55.32, -0.01, -0.02%) , CSX Corp. (CSX 51.51, -.00, -0.01%) and Union Pacific (UNP 73.23, -0.01, -0.01%) .
Read more at MarketWatch

March 19th, 2010

S&P RECOMMENDATION ON SHARES OF U.S. STEEL

S&P LOWERS RECOMMENDATION ON SHARES OF U.S. STEEL TO STRONG SELL FROM SELL (Standard & Poor’s) Our opinion change is based on valuation. We continue to estimate EPS of $2.68 in ‘10 and $5.73 in ‘11 and we retain our 12 month target price of $35. On our estimate for ’10’s EPS, X’s projected P/E would be in line with the P/E we apply to its main integrated peer and at a discount to the P/E we apply to its minimill rivals. After a sizable gain in the stock price, we think that X is overvalued relative to all of its peers, now selling at nearly 22X our ‘10 EPS estimate and believe X is vulnerable to a decline on that basis.

March 19th, 2010

ETFs for a Likely Tech Boom

For starters, the sector appears to have strong fundamentals and is relatively cheap as compared to other sectors. In fact, as a whole, the sector boasts a projected five year PEG ratio of 1.1, which indicates that value on the expected growth of the sector is prevalent. In general, a lower PEG translates to higher value because an investor would pay less for each unit of earnings growth.
Read more at TheStreet.com