Weekly Purchases - 5/23/15

Written by MrStockFox. Posted in Weekly Update

Highlights:

Again the past couple weeks have been pretty slow. I have been concerving capitol and I continue to wait on any additional purchases within the energy sector.  I still beleive that we head lower in the coming weeks but we are getting close.  I may pull the trigger on a couple tomorrow.  

Going into next week I like OHI, WPC, O, MCD, PG, SXL, XOM, CVX, EPD, HSY.

I Bought:

These purchases increased my annual income by $8.56 over the last week.

  • 2 shares of Chevron Corp (CVX) - This will increase my annual dividends by $8.56

I Sold:

If you wish to view all my completed trades, you can find them located here.

I closed an option trade in PVG for a profit of $519.73 or 92.83% gain.

If you find this post to be valuable, consider leaving a comment and visiting a few of our sponsors who have offers that might be relevant to you.
Write comment (2 Comments)

GDX Trading System Results Page Updated

Written by MrStockFox. Posted in Trade Ideas

I have spent some time tonight updating all the images and result statistics on the GDX Semi-Automated Trading System page.  You can find more information about that system located here.  The inputs for the system have never been updated or edited since the creation in 2011.

I welcome you to take a look at the results below.

chart

stats

Write comment (0 Comments)

Weekly Purchases - 5/17/15

Written by MrStockFox. Posted in Weekly Update

Highlights:

Overall this was a pretty slow week.  I continue to wait on any additional purchases within the energy sector.  I still beleive that we head lower in the coming weeks and if we don't that is ok too because I am still overweight energy compaies within my dividend portfolio.  

I decided to sell 6 covered calls against my PVG position.  This resulted in $283.83 of income.

Going into next week I like OHI, WPC, O, MCD, PG, SXL. I might also start buying back into TGT since it is currently lower than where I sold.

I Bought:

These purchases increased my annual income by $63.52 over the last week.

  • 22 shares of Omego Healthcare Reit (OHI) - This will increase my annual dividends by $47.52
  • 5 shares of Sunoco Logistics Partners LP (SXL) - This will increase my annual dividends by $8.40
  • 5 shares of Potash Corp (POT) - This will increase my annual dividends by $7.60
  • 6 Covered Calls of Pretivm (PVG) - Income of $283.83

I Sold:

If you wish to view all my completed trades, you can find them located here.

none...

If you find this post to be valuable, consider leaving a comment and visiting a few of our sponsors who have offers that might be relevant to you.
Write comment (1 Comment)

Utilities Sector Update

Written by MrStockFox. Posted in Trade Ideas

You can view my original post here.

Since my original post the XLU has broken its flag consolidation to the downside.  The XLU may find some support in this area, but I expect the downtrend to continue.  I added a longer term trendline that wasn't on my original post where the XLU may put in a bottom.  I may decide to add some shares around 41.50-42.00 at this trendline.

If you find this post to be valuable, consider leaving a comment and visiting a few of our sponsors who have offers that might be relevant to you.
Write comment (0 Comments)

XOM - Wants to Test Lower Trend line Again

Written by MrStockFox. Posted in Trade Ideas

For several weeks now I have thought that the energy stocks would make a short term top and trade lower.  Much of this was discussed in my article "Taking a Look at the Energy Drillers".

With that in mind, I believe Exxon should see a retest of the lower longer term trendline at the bottom.   Yes I still own Exxon, but I did sell some of my shares around the 89 level.  I plan to pick up around 10 shares at this lower trendline at 85.  Also note that the daily momentum has crossed to the downside.

If you find this post to be valuable, consider leaving a comment and visiting a few of our sponsors who have offers that might be relevant to you.
Write comment (0 Comments)