Tuesday, November 19, 2019

Tuesday 11/19/2019

Monthly target of 2% = $2.07 - $1.03 (made) = $1.04 (needed)

      $103.61 (self imposed November trading limit)
      $  36.00 invested 2 IVZ ($0.62 payable 12/2)
      $  23.80 invested 2 ETRN ($0.90 payable 11/22)
      $ 43.81 to invest

      Tuesday and I will leave just after the market opens and will return about noon time. Please, do not thing you have to watch the market to be invested and make money.
      With "Limit Orders" you can enter the order when the market is closed and it will be activated when the market opens.

7:00am (CST)
     Enter "Limit Ext-Day)  SELL orders
     2 ETRN @ $12.15
     2 IVZ @ $18.18

     SLB still looks attractive so I will enter a "Limit Ext-Day " BUY order
     1 SLB @ $34.50

7:52am (CST)
    Filled 1 SLB @ $34.50

    Enter "Limit Ext-Day " SELL order
    1 SLB @ $35.00

     $43.81 to invest
    -$34.50 invested SLB
     $9.31 balance to invest

8:24am (CST)
   MODIFIED ORDER
   1 SLB @ $35.35







Disclaimer, I am not a professional.


   
   



Monday, November 18, 2019

Monday 11/18/2019

     Monthly target of 2% = $2.07 - $1.03 (made) = $1.04 (needed)

      $103.61 (self imposed November trading limit)
      $  36.00 invested 2 IVZ ($0.62 payable 12/2)
      $  23.80 invested 2 ETRN ($0.90 payable 11/22)
      $  41.15 unsettled funds (cash on 12/19)
      $   2.66 to invest

     About the $41.15 unsettled funds. I sold HP for $41.45 but can only use $41.15 because of my self impose monthly limit.


      I need $1.04 additional profit this month to reach my 2% goal, ETRN dividend of $0.45 (per share) x 2 = $0.90 payable (recordable) on 11/2...... $1.04 - $0.90 = $0.14 net still needed this month.

7:30am (CST)
     Since my proceeds from my HP sale will not be available (unsettled funds) until tomorrow, I will concentrate on trying to sell IVZ and ETRN.

     Enter "Limit Ext-Day" trades
     2 IVZ @ $18.18
     2 ETRN @ $12.15

     Over the weekend I always update my "wish list". I drop stocks that have gone "ex-date" already and add one week further into the future.  I generally include the present week and 2 weeks further in the future.
   
8:32am (CST)
     SLB in the low $34s is a "buy" but I have no cash today. Hope it holds these lows until tomorrow. This is what keeps me excited about the market. 

10:20am (CST)
     AMC, I love when a stock I am interested in is down the day before I have money to buy it. The more stocks I watch the better information I have for a buying decision. Wow, 52wk low, RED FLAG until it recovers

     I mention these today because not everyone is on the same buying schedule. Even if you have no money, you get an insight to my thought process.




Disclaimer, I am not a profressional.

Sunday, November 17, 2019

Handling Bad Trades in the Stock Market

     Inevitably you will have a stock trade the goes badly and you will have to decide when to sell at a loss (loss/gain only accrue when you sell a stock).  Every day price fluctuations are just "paper loss/gain".

     Since we do not put all our eggs in one basket (meaning all our money in one stock), we can wait and see if the stock price will recover. HP, that I just sold for a profit is a great example. After I purchased HP, it went down and gave me a "paper loss".  I simply waited for it to recover and sold at a profit (and captured the dividend).

     All dividend payouts (recorded when paid, not captured) and profits from the sale of stocks, makeup the total "gains". Any losses will be charged against those profits.

     You can actually sell a stock at a loss but still make money if the dividend payout is larger than the loss. Buy a stock for $40.00, capture the dividend of $0.60, and sell the stock for $39.75.

     You had a loss of $0.25 on the stock but a $0.60 dividend for net gain of $0.35. That is not always the case and "buying" stocks you are willing to keep for awhile is important.

    An example is IVZ that I purchased to capture the $0.31 (quarterly) dividend. The stock closed @ $17.45 on Friday. That is down $0.45 from my purchase price of $18.00, even with my $0.31 dividend I am still at a loss.

     If I hold the stock for another 90 days (a quarter), I will receive another dividend of $0.31. Even if the stock does not recover, I will have made $0.31 x 2 = $0.62. I could now sell at a loss and still make a profit.

     Other times it my be prudent to just sell at a loss and charge it against your profits. The proceeds from the sale might be do better if invested in another stock. However, a loss is a loss and should not be taken lightly.

     When you set realistic goals (ours is 2% a month or 24% yearly), selling at a loss (charge offs) is acceptable if we maintain our goals.

     2% a month does not mean 2% EVERY month but the accumulative average. I great percentage monthly gain might be the proper time to unload a stock you know longer believe in.

     Purging your portfolio of bad performing stocks when possible will keep your portfolio healthy.

     "Wait for Recovery", "Sell at a Loss"...… seems I am talking out of both sides of my mouth. Any one can makes money "buying low/selling high", knowing when to cut your losses is the hard part.

     At least buying dividend paying stocks (not the only stocks I buy), you get paid to wait.

   
Disclaimer, I am not a professional.

Saturday, November 16, 2019

Using the Stock Dividend Calender "Part 3"

     Please read, part 1 and part 2  before reading this post to fully understand it.

     The Facts Sheet provides valuable stock information to help with your selection.
      I increased the size but you can always "click" on photos to enlarge them even more.
     This "screen shot" of the fact sheet for XOM was taken 11/8.

     Starting at the top and working our way down, first on the left and then on the right, I will explain the areas I feel are important to me and why. 

      XOM       70.77      - 1.37      (1.9%)
stock symbol, current price, amount up/down, percentage loss/gain.

     The stock symbol and name of company = incase you are not familiar with the stock
     Current price = can I afford the share price (I prefer stocks $10 and above)
     Amount up/down = I prefer to buy when the stock price is down for the day 
     Percentage loss/gain = Just recovering to yesterdays close will yield the percentage of loss

     OPEN    71.61
     This is the first stock transaction as the market opens (has nothing to do with pre-market transactions)

     PREV. CLOSE    72.14
     The last trade of normal market hours yesterday (has nothing to do with after-market trading yesterday)

     LOW/HI   70.66 - 71.80
      The price range low to hi for the current day = where the current price falls within the range  

     52 WK     64.64 - 83.75
     The price range low/hi for the last 52 weeks (1 yr range) = buy at 52wk low and it will almost always go lower, buy at 52wk hi and you may have paid the highest price for a long time to come

     P/E Ratio    17.38
     Price/Earning Ratio = if this is N/A, then the company has no earning

     DIV YIELD     4.9%
     Yearly dividend yield = I prefer "quarterly payout" (4 times a year), for this stock the 4.9% / 4 =  1.22% paid 4 times a year, this gives the stock price room to move up ahead of the dividend ex-date

     STOCK TYPE     Common
     Stock type refers to how the stock is classified = Stay away from MLP's until you know the tax implications of its dividend payouts. REIT's are required to pay out large precentages of their profits by law (this can be both good and bad)
      
     SECTOR     Energy
     This explains what sector your stock is in = do not have all your stocks in 1 sector if you own multiple stocks 

     INDUSTRY     Oil & Gas Integrated 
     Show the part of the SECTOR the is in = you might like the "energy sector" but not like "oil & gas"

     NEXT EARNINGS 
     Date when company earnings will be announced 

     AVG (90day)
     Average daily volume for the past 90 days = low volume (25,000 or less) might make it hard to find a buyer when you need to sell (never take a large position in a thinly traded stock)


   Then I say, "I prefer", that does not mean a "hard set rule".  Every day and every trade is evaluated in the moment. 
     
     
Disclaimer, I am not a professional
  

Friday, November 15, 2019

Friday 11/15/2019

Monthly target of 2% =$2.07 - $0.73 (made) = $1.34 needed

     $103.61 (self-imposed November trading limit)
    -$ 41.15 invested HP ($0.71 payable 12/2)
    -$ 36.00 invested 2 IVZ ($0.62 payable 12/2)
    -$ 23.80 invested 2 ETRN ($0.90 payable 11/22)
     - $ 0.00 (unsettled funds) 
        $2.66 to invest 

7:00am (CDT)
     Enter "EXT-limit order" 1 HP @ $41.45
     Enter "EXT-limit order" 2 ETRN @ $12.15
     Enter "EXT-limit order" 2 IVZ @ $18.18

Next Friday I will receive $0.90 in dividends from ETRN.

8:32am (CST)
 Sold 1 HP @ $41.45 = $0.30 profit and dividend capture ( $0.71, Dec 2)

3:30pm (CST)
      Today is an example of "take the money and run", HP closed down nearly $1 from my sell price of $41.45. Had I not entered my order before the spike at the market open, I would have missed it. Any order can be modified.
      With a $0.30 profit and $0.71 dividend (12/2) = $1.01 on a $41.15 investment. Nice 2.45% ROI.

       The $0.30 profit and the $0.73 already made = $1.03, with $1.04 still needed ( not counting the $0.90 payable 11/22) for my 2% monthly target and $1.33 (dividends) already made for December.

Disclaimer, I am not a professional.

Thursday, November 14, 2019

Thursday 11/14/2019

Monthly target of 2% =$2.07 - $0.73 (made) = $1.34 needed

     $103.61 (self-imposed November trading limit)
    -$ 41.15 invested HP ($0.71 payable 12/2)
    -$ 36.00 invested 2 IVZ ($0.62 payable 12/2)
    -$ 23.80 invested 2 ETRN ($0.90 payable 11/22)
     - $ 0.00 (unsettled funds) 
        $2.66 to invest 

6:10am (CDT)
     Enter "EXT-limit order" 1 HP @ $41.45
     Enter "EXT-limit order" 2 ETRN @ $12.15
     Enter "EXT-limit order" 2 IVZ @ $18.18

      HP reports earning today.   
Disclaimer, I am not a professional.

Wednesday, November 13, 2019

Wednesday 11/13/2019

Monthly target of 2% =$2.07 - $0.73 (made) = $1.34 needed

     $103.61 (self-imposed November trading limit)
    -$ 41.15 invested HP ($0.71 payable 12/2)
    -$ 36.00 invested 2 IVZ ($0.62 payable 12/2)
    -$ 23.80 invested 2 ETRN ($0.90 payable 11/22)
      $ 2.66 total
    - $ 0.00 (unsettled funds) 
       $2.66 to invest 

7:30am (CDT)
     Enter "EXT-limit order" 1 HP @ $41.35
     Enter "EXT-limit order" 2 ETRN @ $12.15
     Enter "EXT-limit order" 2 IVZ @ $18.18




Disclaimer, I am not a professional.
 

Free Web Counters
South Beach Diet Food