Showing posts with label ARMH. Show all posts
Showing posts with label ARMH. Show all posts
March 3, 2011
ARMH Sold at $29.22. EMA crossing over signaling potential downtrend.
Too much technical risk here to stay in. Should have sold on Monday on the gap up. Didn't follow my own rule of taking profits if they meet or exceed 1% per trading day.
February 28, 2011
ARMH Bought at $29.21
Bought ARMH at $29.21 on the pullback on the 22nd. This was higher than my original planned repurchase price of $27.50 but ARMH is showing a lot of strength in it's bullish trend so this trade was calculated to buy at the 21 day EMA line. This is my second ARMH trade in it's current uptrend. The first was 8% in 8 trading days some weeks ago.
ARMH then proceeded to get hammered by the HPQ earnings announcement, which dragged tech stocks down. I was watching the chart carefully, and working on managing my emotions. When a stock drops 5% the day after you bought it, it's hard to not take it personally. It I had put in a reasonable stop or trailing stop on this position the position would have closed at a loss.
However, by the end of the week, it had made a full recovery, giving me 3% gain in 4 days at Friday's close. As I write this on Monday morning, it's added another 3% to make this a 6% profit in 5 trading days.
ARMH then proceeded to get hammered by the HPQ earnings announcement, which dragged tech stocks down. I was watching the chart carefully, and working on managing my emotions. When a stock drops 5% the day after you bought it, it's hard to not take it personally. It I had put in a reasonable stop or trailing stop on this position the position would have closed at a loss.
However, by the end of the week, it had made a full recovery, giving me 3% gain in 4 days at Friday's close. As I write this on Monday morning, it's added another 3% to make this a 6% profit in 5 trading days.
February 1, 2011
ARMH Sold at $27.14 8% in 8 trading days
Taking profits. Meets my 1% profit per trading day rule for taking gains rather than hoping the stock will continue to risk and then getting whacked by fast price retrenchments. I think it will pull back before potentially resuming this climb.
January 26, 2011
ARMH Long at $25 - Emerging Technology
After my initial quick profit in ARMH turned out to be a lesson in sticking with my emerging technology bets, I decided to get back in again during the recent retrenchment. Not that I resented making nearly 10% profit in 15 days, it's just that 30% profit in 30 days would have been better.
All those iPads and phones need ARM processors, so I think this may see some volatility, but I'll try and stick with it a big longer this time.
All those iPads and phones need ARM processors, so I think this may see some volatility, but I'll try and stick with it a big longer this time.
Great recovery day
Some days you wish you had just bought all of these yesterday...
Most of these I mistimed and bought on Monday before they all dropped 4-6% on some weak big corporate earnings reports. However after todays excitement things are looking positive again and I think these stocks all have lots of upside.
FACE I should have sold all when the volume was higher and I took the 5% 1 day gain. It's so thinly traded its more like gambling.
Most of these I mistimed and bought on Monday before they all dropped 4-6% on some weak big corporate earnings reports. However after todays excitement things are looking positive again and I think these stocks all have lots of upside.
FACE I should have sold all when the volume was higher and I took the 5% 1 day gain. It's so thinly traded its more like gambling.
December 22, 2010
ARMH Sold at $20.89 9.7% in 12 trading days
The run-up in ARMH in the last two days, taking it way above the bollinger band meant I was reluctant to let this profit slip away. When a stock trades way out of its usual range like this, it might be the start of a really big run, or it might just lose all its gains straight away. After not taking enough profits in my HHWW trade two weeks ago, I thought 9.7% profit in 12 trading days is a pretty good trade, considering that my entry point wasn't technically overly compelling.
I'll look for a reentry point closer to the bottom range of the uptrend ARMH has been in for some time. The three year chart shows the strength in this technology and where this stock is going long term. I'll look for an rentry in the range between the green and pink moving averages.
I'll look for a reentry point closer to the bottom range of the uptrend ARMH has been in for some time. The three year chart shows the strength in this technology and where this stock is going long term. I'll look for an rentry in the range between the green and pink moving averages.
December 8, 2010
ARMH Long at $19 - Emerging technology portfolio
ARM Holdings PLC (ARMH) is the company that holds licences to the key chip technology used in many smart phones and tablets. ARM processors use memory and power more efficiently, enabling smartphones and tablets to turn on instantly and have a long battery life. Without these two features, the chips that power these devices make them unattractive to users.
In theory, this is like buying Intel about the time that Microsoft started selling a lot of personal computers. Smartphones are the next huge 'change wave' in the technology industry. As smartphone fever ramps up to fever pitch in the bric countries, and most first time gen-Y technology users in the new middle-classes of China and Brazil don't even buy a computer anymore (look at the demographics of China and Brazil to get a picture of the size of this market), smartphones will become the first and most important consumer device that these people own.
The entry point is not perfect, but the technology sector is so strong now that it may just go up from here.
If it doesn't I'll get out again and look for a better entry point.
In theory, this is like buying Intel about the time that Microsoft started selling a lot of personal computers. Smartphones are the next huge 'change wave' in the technology industry. As smartphone fever ramps up to fever pitch in the bric countries, and most first time gen-Y technology users in the new middle-classes of China and Brazil don't even buy a computer anymore (look at the demographics of China and Brazil to get a picture of the size of this market), smartphones will become the first and most important consumer device that these people own.
The entry point is not perfect, but the technology sector is so strong now that it may just go up from here.
If it doesn't I'll get out again and look for a better entry point.
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