tag:blogger.com,1999:blog-85485072002295702982024-03-14T00:55:40.515-04:00Ocean Portfolio - my investment blogThis blog is about my stock market investment in stocks, bonds and ETFs. The investment strategy is to use the common technical analysis tools such as moving averages, RSI, and MACD etc to determine the trend of the markets and invest accordingly.Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.comBlogger128125tag:blogger.com,1999:blog-8548507200229570298.post-21969000842598546072015-01-04T23:43:00.000-05:002015-01-04T23:43:12.092-05:00Happy New Year - 2015The major markets had done well in 2014 except the energy sector. No one knows if the performance of the markets can repeat this year but we definitely hope so. I continue to focus on the ETFs investment for my portfolio. There are three ETFs having a good run last couple of years such as XLV, XLU, and TLT. As trend follower, these three ETFs along with SPY will be used as my sector allocation strategy this year.<br />
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SPY - 25%<br />
XLV - 25%<br />
XLU - 25%<br />
TLT - 25%<br />
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Since this blog is for entertainment purpose, I will use the Jan 2, 2015 closing price as the entry point to establish the record keeping.<br />
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As of Jan 2, 2015:<br />
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SPY $205.43 - hold<br />
XLV $68.63 - hold<br />
XLU $47.44 - hold<br />
TLT $127.32 - hold<br />
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The weekly candlestick charts with Bollinger Bands, and RSI indicators will be used to determine the buy, hold or sell decision.<br />
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<br />Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com0tag:blogger.com,1999:blog-8548507200229570298.post-30728752026336939402014-11-09T11:15:00.000-05:002014-11-10T07:53:34.348-05:00S&P 500 continues to move higher<div class="separator" style="clear: both; text-align: center;">
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As the stock markets continue to bounce back from the recent 10% pullback, so is the SPY ETF. It closed at $203.34 on 11/7/2014 and the momentum will likely to make it higher toward the end of the year. Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com0tag:blogger.com,1999:blog-8548507200229570298.post-13093704633150600122013-06-08T23:49:00.000-04:002013-06-09T00:01:47.626-04:00Is now the right time to buy goldGold had peaked in August 2011 and has been drifting down ever since. Even though there were a few times that gold had popped up but it fell even more to the down side afterward. <br />
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Look at GLD, the ETF fund, the high was $180 a share in August 2011 and now it is sitting at around $133 a share as of June 7. A decline of about 26% during this 22 month period.<br />
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One may ask if this is a good time to buy gold (GLD). My answer is "not yet, not right now". I will not buy GLD until the closing price reaches above the 50 day moving average.<br />
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<br />Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com0tag:blogger.com,1999:blog-8548507200229570298.post-70430149888501913932013-05-26T22:56:00.000-04:002013-05-26T22:56:25.849-04:00The major markets have been trending upIf one could apply the weekly moving average as a trending indicator for the S&P 500 index in the last 18 months (Nov 2011 to present) , then he/she would be able to make about 37% profit from this investment. <br />
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Below is the S&P 500 (SPY ETF) weekly chart showing the faster 10 week exponential moving average (EMA) had crossed above the slower 40 week EMA starting in Dec 2011 and continued to stay that way as of today. Normally when this happens, it is referred to as a bull market. There were two occasions (May and Nov 2012) that the 10 week EMA was touching the 40 EMA and was very close to reverse its pattern in moving below the 40 EMA which it is categorized as bear market. But the reversal did not happen and the trend continued to go up.<br />
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I used this method to position my core holding during this period and resulted with some decent profits. My position such as ABT, COP, DUK, ED, KMB, MCD, MSFT, and PM which I think it still looks good and have some more room to the up side.<br />
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<br />Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com0tag:blogger.com,1999:blog-8548507200229570298.post-63174055982828044862013-01-06T10:42:00.001-05:002013-01-06T10:42:28.025-05:00Total 2012 dividend income<h3 class="post-title entry-title" itemprop="name">
Here is my 2012 total dividend income from my IRA account:</h3>
<br />1) Jan: $2,150<br />
2) Feb: $1,068 <br />
3) Mar: $3,070<br />
4) Apr: $1,986<br />
5) May: $1,083<br />
6) Jun: $2,528<br />
7) Jul: $1,714<br />
8) Aug: $1,208<br />
9) Sep: $2,059<br />
10) Oct: $1,762<br />
11) Nov: $1,221<br />
12) Dec: $2,422<br />
<br />Total of $22,271 were received for the year of 2012. Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com0tag:blogger.com,1999:blog-8548507200229570298.post-16877409750556322472012-09-01T10:59:00.000-04:002012-09-01T11:18:43.701-04:00YTD dividend income as of Aug 31, 2012Here is my YTD dividend income as of Aug 31, 2012<br />
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2012 dividend income:<br />
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1) Jan: $2,150<br />
2) Feb: $1,068 <br />
3) Mar: $3,070<br />
4) Apr: $1,986<br />
5) May: $1,083<br />
6) Jun: $2,528<br />
7) Jul: $1,714<br />
8) Aug: $1,208<br />
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Total of $14,807 were received from January to August 2012 and all dividends were reinvested.<br />
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Some stocks such as MCD, MSFT and PM in my portfolio which I sold "out of money" covered call options to boost extra income and lower the initial purchase cost of the underline. It has been working according to my plan.<br />
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Recently I allocated some fund in this account to write protective put options as an experiment to bring in more cash. The result of this experiment was fair at this point. It either hit or missed. But I strongly believe it will be fine with continuing practice and better stock selection. <br />
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The protective put option is to sell "naked put options" on a particular stock with proper cash secured in the account. The premium is paid from the sale of the put options and deposits in the account as cash balance. The protective put options writing is allowed for IRA account.<br />
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Put options that I was able to make profits were A, MCD, and PM. Options that I didn't have such luck were FB, NFLX. The way that I handle the losers is to continue rolling the losing options to future months for additional premium or minor loser in order to buy more time for the underline stock to rebound. This is the case for both FB and NFLX. <br />
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Here is the site that I recommend for additional information about selling naked put options: "http://www.fullyinformed.com". This site is maintained by a great woman who is doing it for the last 40 years with tremendous success. A must visit site if you are interested in selling naked put options for steady income. I have no affiliation with her site but I am a happy frequent visitor there. <br />
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<br />Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com0tag:blogger.com,1999:blog-8548507200229570298.post-6761764606013053052012-07-07T09:16:00.001-04:002012-07-07T09:16:43.100-04:00S&P weekly chart remains positive<div class="separator" style="clear: both; text-align: center;">
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The first 6 months of 2012 is over and the S&P 500 index has gained about 9%. Not bad for the economy we are currently experiencing now. From the weekly chart of SPY (ETF version of S&P 500), there was a pull back in May but the trend remains positive and continues to move upward. It is indicated by observing the 20 moving average line still stays above the slow 40 moving average line. I will continue to monitor this trend. <br />
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<br />Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com0tag:blogger.com,1999:blog-8548507200229570298.post-54129153526440055782012-07-07T08:42:00.000-04:002012-07-07T08:42:28.098-04:00First 6 months of 2012 dividend incomeHere is the first 6 months dividend income from my IRA account.<br />
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2012 dividend income:<br />
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1) Jan: $2,150<br />
2) Feb: $1,068 <br />
3) Mar: $3,070<br />
4) Apr: $1,986<br />
5) May: $1,083<br />
6) Jun: $2,528<br />
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Total of $11,885 from January to June 2012 Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com0tag:blogger.com,1999:blog-8548507200229570298.post-1730448836684199022012-03-01T17:07:00.000-05:002012-03-01T17:07:10.624-05:00Up trend is still holdingIt's been a while since my last post. The stock markets have been behaving pretty well the last 2 months. The SPY (S&P500) ETF has been moving up steadily since my Dec 2 post from $124.07 to $137.73 as of today (March 1) for a 11% gain. <br />
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From the chart showed below, I still believe the general market is still trending up based on my observation of the relationship between EMA-20 and EMA-40 moving averages. As long as the EMA-20 stays above EMA-40, in my opinion that the trend still holds.<br />
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<br />Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com0tag:blogger.com,1999:blog-8548507200229570298.post-1427964921927019212011-12-22T06:35:00.000-05:002011-12-22T06:35:05.404-05:00December dividend incomeMy December total dividend income in the IRA account is $2,968. The
month of March, June, September and December which I will receive the
most dividend payout from my stock holding and the rest of the months
will be relatively smaller. <br />
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My goal for 2012 is to position my mid 6-digit figure IRA portfolio for a
3-5% growth and at the same time to collect 4-4.5% dividend income and
it would be equal to $20,000+ for the year.<br />
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Here are my current core holding:<br />
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ABT<br />
BND<br />
CVX<br />
ED<br />
JPM<br />
KO<br />
MCD<br />
MSFT <br />
PFF<br />
PM<br />
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I also added one mutual fund to collect 4+ % dividend. I think it should be it for the time being in preparing the year of 2012.<br />
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Wishing you all a Happy Holiday Season and a Happy New Year.<br />
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OceanOcean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com1tag:blogger.com,1999:blog-8548507200229570298.post-62355092920990836942011-12-02T12:20:00.001-05:002011-12-02T12:44:43.915-05:00Buy SPY at the market close todayI initiated the buy signal on SPY at the close of the market today. I hope it will continue to catch the up trend at least for the rest of this year.<br />
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Ocean Signal on 12/02/211 at market close: Buy SPY with the hypothetical initial investment of $10,000.<br />
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Note: Information given here are for entertainment purpose. No financial recommendation is meant to be given here and you should conduct your own analysis before investing. <br />
<br />Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com0tag:blogger.com,1999:blog-8548507200229570298.post-44676873638447341652011-12-01T21:24:00.001-05:002011-12-01T21:27:48.981-05:00Ocean Signal Calls<!--[if gte mso 9]><xml>
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Two years ago I wrote an article in this blog talking about
the beating the performance of Decision Moose using weekly simple moving
averages. Of course my result from back testing couldn’t beat his published results.
For those of you don’t know who is the person behinds Decision Moose, you can
visit William Dirlam’s web site at <a href="http://www.decisionmoose.com/">http://www.decisionmoose.com</a>. </div>
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<br /></div>
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Just for fun, I decided to make my signal calls using available
technical indicators to track these calls going forward. I will concentrate on
ETF funds only and the funds will include SPY, IWM, EFA, DIA, QQQ, EEM, TLT,
IEF, AGG etc. Similar to Decision Moose, I will choose one fund at a time and
switch to other fund when signal changes. <span style="mso-spacerun: yes;"> </span>The signal calls will be more frequent compared
to Decision Moose because I will be using charts with shorter time frames. I
will make the first signal call in the next few days and will see how the
result will be at the end of next year.</div>Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com1tag:blogger.com,1999:blog-8548507200229570298.post-34190367315761055502011-12-01T16:28:00.001-05:002011-12-01T16:29:40.102-05:00Markets rebounded at the end of NovemberThe markets ended with an incredible huge rebound at the end of November and I will take it anytime.<br />
<br />
My November total dividend income in the IRA account is $1044 and the portfolio is up 2.8% since mid Oct. <br />
<br />
Sold call options expiring on Dec 17 are:<br />
<br />
1. CVX<br />
2. KO<br />
3. JPM<br />
4. MCD<br />
5. MO<br />
6. MSFT<br />
7. PM<br />
<br />
Hope to accumulate more shares with dividend reinvested and will see how it goes.<br />Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com0tag:blogger.com,1999:blog-8548507200229570298.post-45439575509195813022011-11-21T18:16:00.001-05:002011-11-21T19:40:26.711-05:00Hanging in thereAs the markets continue to drop, my IRA account balance is approaching
to my mid October entry level. Have to say that I had a good run and I
will continue to hold. I will wait for the bounce back and dividend payout going forward.Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com0tag:blogger.com,1999:blog-8548507200229570298.post-77534816115852116402011-11-17T16:33:00.000-05:002011-11-17T16:35:01.335-05:00Rollover options to next monthMy IRA portfolio is doing ok despite the recent market volatility. I have collected about $1000 dividend payout since mid October and the dividend was reinvested back into the stocks without commission.
I have closed all the covered options expiring tomorrow and roll it over to next month to collect more premium. So far it works as planned.
New covered options expiring next month are:<br />
<br />
1. MSFT<br />
2. MCD<br />
3. CVX<br />
4. PM<br />
5. MO<br />
6. JPM<br />Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com0tag:blogger.com,1999:blog-8548507200229570298.post-23651210817734515152011-11-01T18:53:00.001-04:002011-11-01T18:53:51.089-04:00Added JPM in my portfolioThe markets dropped big the last two days and I took an opportunity to buy some JPM shares and wrote a covered call option. I just missed the dividend payout last month so I have to wait for 2 more months then.Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com0tag:blogger.com,1999:blog-8548507200229570298.post-30901126695761614722011-10-30T08:18:00.000-04:002011-10-30T08:18:51.525-04:00October is about to end and it's has been the best October for the stock markets since 4 decades ago and I am glad that I am fully invested in my IRA account at this point.
Every indicator shows that the market is on the way up from this point (S&P closed above 200 MA, VIX closed below 25 etc). Come Nov 1 after my ETF bonds such as IEF, AGG and TIP Ex-dividend date, I will reallocate most of it with stocks like MCD, KO and CVX to anticipate the year-end rally into 2012. At the same time, I will write some covered calls with these stocks which I already own to earn some extra income along with average of 3% dividend.Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com1tag:blogger.com,1999:blog-8548507200229570298.post-57994163340821962562011-10-15T10:23:00.001-04:002011-10-15T10:23:33.819-04:00Sold covered call with MSFTYesterday I sold 20 covered call of MSFT with strike price at $28 expires on Nov 19 for $.52 and collected $1040 before commission. My average purchase price for MSFT was $27 so I have some room to spare. MSFT will have ex-dividend on Nov 15 and I will collect $400 quarterly dividend. If it hits above $28 on Nov 18 and my call option gets taken out, I still make some nice profits from it. If it does not hit $28, I will write another call option for December.Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com0tag:blogger.com,1999:blog-8548507200229570298.post-22548062679122867782011-10-15T09:44:00.000-04:002011-10-15T09:44:49.679-04:00Fully invested in my IRA accountThe rollover to my IRA account has completed and now I can purchase my favorite stocks for dividend income purpose. I just purchased 32 stocks as my entire portfolio and here is the core 12 stocks:
ABT, AGG, COP, CVX, ED, IEF, JNJ, KO, MCD, MO, MSFT, and NLY. The entire portfolio will generate combined returns of about 4.5% annually and all dividends will be reinvested.
Also, I will write some call options to generate extra income from stocks such as MSFT. One good thing about MSFT is that it has weekly options so I can keep writing out-of-money (OTM) calls every week if it falls in the right price range. If MSFT drops below my purchase price, I just sit there and collect my 3% dividend annually.Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com0tag:blogger.com,1999:blog-8548507200229570298.post-13337370175655403292011-09-20T07:05:00.000-04:002011-09-20T07:05:08.272-04:00Two high tech companies with steady dividendsThese two high tech stocks which you may be interested. Both Microsoft and Intel are DOW components and these two companies have been paying dividends and continue to increase their dividends over the years.<br /><br />Microsoft current yields is about 2.4% and P/E is 10. Although the stock has been trading in a tight range over the last 10 years (closed at $27.21 as of 9/20), the steady growth of dividend made the stock stand out comparing with IBM and HPQ. IBM pays 1.7% dividend and P/E is 14, and HPQ pays 2.0% with P/E of 5.38.<br /><br />Intel is one of the leader in the Semiconductor industry. The chipmaker may not have future surge consumer demand for its CPUs like it was back in the 80s and 90s. The near term demand could still be rough but it continues to lead the CPU market over AMD in PCs and laptops. Currently, Intel is paying 3.8% dividend with P/E of 10 and the new expected Microsoft Windows 8 release may spark some attention to this giant chipmaker. Intel closed at $21.53 on 9/20. Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com0tag:blogger.com,1999:blog-8548507200229570298.post-8413795090061700972011-09-16T16:36:00.000-04:002011-09-16T16:39:43.760-04:00Established Bull Put Credit SpreadsEstablished paper trade with a pair of put credit spreads:<br />
<br />
1. IWM at $71.80<br />
Sell put IWM 64 @ .18 expires on 9/23<br />
Buy put IWM 63 @ .09 expires on 9/23<br />
<br />
Credit: $.09<br />
ROI before commission: .09/1 = 9% <br />
<br />
2. SPY at $121.09<br />
Sell put SPY 110 @ .19 expires on 9/23<br />
Buy put SPY 108 @ .13 expires on 9/23<br />
<br />
Credit: $ .06<br />
ROI before commission: .06/2 = 3%Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com0tag:blogger.com,1999:blog-8548507200229570298.post-35999170924037097172011-09-16T07:53:00.002-04:002011-09-16T08:01:42.090-04:00NFLX bull put spreads options got hammered yesterdayRecently I came across with an option trading strategy named "Vertical Bull and Bear Credit Spreads". The credit spreads would look like this.: I would start with a position in buying and selling the same underline equity options with two different strike prices and same expiration date. By doing this, I created the spread positions. The positions would be either Call or Put but both would be on the same side. If the price I receive on the sell option is more than the cost that I pay for the buy option, I immediately receive credit in my account. I would profit from this credit if both options expire after the expiration date. This is one of the method I just learned in using options to generate steady income.<br />
<br />
I picked up a few stocks such as AMZN, APPL, IBM and NFLX last Friday and paper traded with the Bull Put Spreads hoping the general markets would go up this week. (Bull Put Spreads: Sell a put with near closing striking price and buy a put with lower striking price and receive credits from the difference in prices from these two options).<br />
<br />
Everything was going well towards the market open yesterday. Howerver, the positions I established on 9/9 for NFLX was to Sell 10 Puts NFLX 175 at $.66 expires on 9/16, then I bought 10 Puts NFLX 170 at .45 expires on the same date. The stock was trading at $208.53 at the time and I received a credit of $0.21 which was equivalent of $210 ($0.21 x 1000 shares) before commission. I had about 16% cushion on this (208 - 175)/208 = 16% and I thought I would be fine with 1 week left that it will expire on 9/16 (today). Sure enough NFLX was down about $33 before the market open with "bad bad news" yesterday and continued trading in that range during the day and closed at $169.25. So basically I would lose the $5 delta per share in this spreads position if the closing price of NFLX remained under $170 today. It would translate to a $5000 lost ($5 x 10000) . By trying to make $210 and lose $5000 - $210 = $4790, this is a risky business. Well, fortunately this was still a paper trade and I will continue to study more in this area.Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com0tag:blogger.com,1999:blog-8548507200229570298.post-19544271911674577332011-09-14T13:01:00.000-04:002011-09-14T13:17:28.553-04:00Core holding in portfolioThe following stocks and ETFs will be part of my portfolio for dividend income and the combined average yields would be 4.0% as of today.<br />
<br />
1. ABT - 3.8% (annual dividend)<br />
2. AGG - 3.30%<br />
3. CVX - 3.30%<br />
4. ED - 4.3%<br />
5. HYG - 8.06%<br />
6. IEF - 2.77%<br />
7. JNJ - 3.6%<br />
8. KO - 2.7%<br />
9. MCD - 2.8%<br />
10. MO - 6.20%Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com0tag:blogger.com,1999:blog-8548507200229570298.post-68001042840194353252011-09-13T08:52:00.000-04:002011-09-13T08:52:18.233-04:00Stay in cash since last postThe major markets have not been doing well entering the 2nd half of July and continued performing poorly except commodities. The simulated Ocean ETF portfolio is still in cash. <br />
<br />
I am retiring as systems engineer this Thursday (September 15) after 30 years of working in this field. I am looking forward to do something else and at the same enjoy my retirement. From this point on, I will spend my time in managing my own portfolio by following the stock markets and spend more time with my family.<br />
<br />
In managing my own portfolio, I will divide it in the following areas. <br />
<br />
1. Dividend income generated from stocks and ETFs from my IRA account.<br />
2. Position, Swing and/or Intra-day trades from my regular account.<br />
3. Options play for added income purpose.<br />
<br />
I think it will keep me busy.Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com1tag:blogger.com,1999:blog-8548507200229570298.post-33257230630866749842011-06-30T17:31:00.000-04:002011-06-30T17:31:45.207-04:00Nice gains for the last 5 days in a rowThe markets regained the upward momentum the last 5 days and my portfolios were bounced back from the loss column. I decided to close all positions at today close and re-examine the strategy for the rest of this year. <br />
<br />
In order to make it easier for me to run this blog, I decided to eliminate all the other portfolios but just to keep the Ocean Portfolio for simplicity. I will apply mixed strategies for entry and exit points. These strategies still are based on technical indicators which are available on any of the financial and charting sites such as Yahoo, Stockcharts etc.<br />
<br />
The Ocean Portfolio was up about 1.8% as of today. It lagged the major indexes but it's all fine with me as an experiment. The rest of the eliminated portfolios were also doing fine and all achieved some small gains.<br />
<br />
The Ocean Portfolio is all cash now and will see how the 2nd half of the year will do.Ocean Portfoliohttp://www.blogger.com/profile/01982225979179648821noreply@blogger.com0