5/28/2005 - MSFT is creeping - Drugs Stocks???

MSFT 5/29/2005

I was looking at some charts yesterday and noticed that MSFT is moving up quietly. It broke out of resistance last week and is above its 12 day EMA. The weekly chart shows that MSFT is trending up too. It would be nice to see MSFT come back to its 12 day EMA and be able to buy some shares. If it acts like INTC we won't have a chance to get in before the blast-off.

What the hell is it with these drug companies? Investing in these issues is like walking over an Iraqi minefield (I think, I have never been to Iraq but I saw some pics in National Geographic). Just as I was looking at Pfizer, a press release comes out about Viagra causing blindness. The stock sinks on worries of litigation and possible earnings collapse. My late uncle Alex, who was a great business man, would always invest in the top blue chip companies like a Pfizer, Intel or Coke. I wonder if he would still care to invest in big pharmaceutical companies in 2005. Drug companies are a tricky group these days. Are they worth the risk?

05/26/2005 - INTC and Pfizer - sneaky stocks

Hey, have you noticed INTC and PFE? These stocks are moving. I had my eye on them but they are getting away. Take a look at INTC's chart! I am waiting for this to come down a bit but she won't budge - just goes higher and higher. I would buy but I know the stock will come down after my order gets filled.

I am now looking at HPQ, Big Green and Mickey. I hope I don't fall asleep at the wheel on these stocks.

05/26/2005 - PEP out of gas?

PEP 05/26/2005

I was looking at the chart of PEP and it looks like the Bulls are losing steam. No doubt about it, PEP had a great run but the MACD Hist is not moving higher. Where's the muscle? I am not saying this is a short but I would be scared putting new money into this one now. Any thoughts?

05/25/2005 - The size of a milk carton

I was thinking about Michael Lewis's book, Money Ball the other day. I don't recall the words verbatim but I think it was around page 145 in the paperback when he wrote about pitching to Jason Giambi. To summarize, Jason has a weak spot in his strike zone where pitchers can get him. The spot is the size of a pint milk carton. However, if Jason can see this pitch coming he steps out of his stance and fowls off the pitch. He is still alive. If the pitchers miss this weak spot, watch out because Jason will crush the pitch!

So, my point is that when you are in the markets you are competing with the Jasons and MLB pitchers of investing. Be careful or you will get crushed! You have to be certain why you are putting on a trade and not just hoping.

5/21/2005 - PFE - INTC

It was a pretty good week for stocks last week. I hope you covered your AAPL short. I like PFE and INTC for entering long positions. I would not do so yet since these stocks are up well over their 12 day EMA.

DPZ continues to move. It is pretty over extended and will probably stall in the short-term.

5/17/2005 - GLW sold

I sold my GLW @ $14.70. Not too sure whats going on with this stock. Safe to cash out with a profit. The stock is trading at $14.50 (at its 12 day EMA). On the technical side there is a little value here but I am worried there may be more fallout.

INTC and PFE have not move down enough for me to buy. Still watching these stocks.

05/14/2005 - A couple ideas

Recently I have seen Intel and Pfizer start to move up. Now I have been faked out by Pfizer in the past but this time it looks like it showing a bit more strength. I am not doing anything right now but if these stock pull back to their 13 day EMA, I may purchase some. More later...

5/10/2005 - DPZ (more than pizza)

DPZ 5/10/2005

DPZ came out with earnings better than expected. I was reading the boards and you have people talking about the taste of pizza and how unhealthy it is. They don't see why the stock should go up. Management is the reason for DPZ's success. Like I said before, you have a big VC firm holding onto a bunch of stock. These guys play for keeps. Yeah, DPZ is not a new technology or drug. However, why would Bain Capital hold so much equity if they did not think more value could/would be created in the future? Yesterday's conference call sounded upbeat. Lets hope margins continue to rise - along with the stock price!

GLW - GLoW - worm

GLW 5/4/05

I owned GLW about two years ago. I saw that Dan Fuss of Loomis Sayles was buy the debt and I figured the company was not going out of business. So I bought the equity around $5 and sold around $12. Well, I am back in again. I believe in this company's management. They are good at reinventing themselves. They are doing it again with flat screen TVs, making the glass that is. They are one of four companies that make the glass, in the world. The stock recently broke out of its trading range. The 26 week EMA is moving up. People are talking about this one and starting to buy.

05/02/2005 - AAPL again

OK, the Tiger OS is out now. Apple is upgrading their machines. The stock has not done too much. The Wall Street rule is that all stocks trade based of future expectations. So my questions deals with the future of AAPL. I am not talking about the company here. We all know the company and stock price are two different animals. They are related but rather loosely. AAPL is a great company I won't argue but can the stock go up further?