Wave Chasing

You can thank American Home Mortgage for part of today’s market tank. Closed Friday at 10.47, didn’t start trading again until today around 1:30 and closed at 1.04…

2 dividend plays opened today: HCN and ATB. Picked up some RVBD (C-MM*), and then another pick from a paid service.

Got stopped out of AAPL, but still came out ahead overall cause I sold off a good chunk of it after earnings.

Month to Date:
Main trading port: -10.82%
SPY port: -1.22%
Brokerage: -1.87%
BBE Overall: -8.92%
% of Trading Targets reached -101.51%

* Pick from Cramer’s Mad Money

Thankfully some recovery today.

2 positions opened – one div play on CRBC (which I will sell @ the open tomorrow), one from the AAP pick service. Added to another AAP pick service position as well.

Going to be doing a few more dividend plays this week – I’ve got another dentist appointment that will kind of have me out of commission, so another day where I won’t be really actively wanting to do anything. Earnings.com has a great dividend tab showing everything going ex-dividend by date. The only shortcoming is that it doesn’t have yields and doesn’t indicate if it is a special dividend or not, so I have to do a little extra data manipulation & research to make sure they’re regular dividends.

Here’s what I am looking at on that front for this week (yields are based on today’s closing numbers)
TMA – .68/share, 2.59% yield
ATB – .59/share, 2.28% yield
DFR – .42/share, 3.66% yield
NRF – .36/share, 3.41% yield

Month to Date:
Main trading port: -8.58%
SPY port: -1.03%
Brokerage: -1.15%
BBE Overall: -7.81%
% of Trading Targets reached -76.08%

will be moving to the Month in review…

I’m going to MTD numbers, it’s too easy to get lost in the weeds with weekly numbers.

In short, last week sucked.

Month to Date:
Main trading port: -9.41%
SPY port: -2.20%
Brokerage: -2.23%
BBE Overall: -9.04%
% of Trading Targets reached -112.74%

Back from the beach and frankly, if this nonsense continues, I’ll never be able to go back.

Lookin’ like two crapola weeks in a row.

Week to Date:
Main trading port: -7.63%
SPY port: -0.81%
Brokerage: -1.28%
BBE Overall: -3.35%
% of Trading Targets reached -272.82%

Quick Stats, at current returns:
Early Retirement Only: 22.7 years
Buy the Condo 23.1 years
Retirement at the beach: 28.0 years
Ahead/Behind on 10 Year Plan: $5,605.66 Ahead
Discretionary spending up/down from 2006 Down 18.15%

GOOG getting the crap kicked out of it after hours on earnings – probably get bounced out in the AM. Should be interesting to see what happens w/ CAT earnings tomorrow.

Week to Date:
Main trading port: -0.12%
SPY port: 0.12%
Brokerage: -0.11%
BBE Overall: -1.69%
% of Trading Targets reached -2.08%

Quick Stats, at current returns:
Early Retirement Only: 12.1 years
Buy the Condo 9.7 years
Retirement at the beach: 14.6 years
Ahead/Behind on 10 Year Plan: $15,286.22 Ahead
Discretionary spending up/down from 2006 Down 18.63%

But still have positions in:
CAT, GOOG, CSCO. All positions came via Jim Cramer’s Mad Money show.

Also have decided to go ahead and start unwinding the SPY port and go back to individual stocks there.  I’ve got the time to manage them, so no reason not to.

Week to Date:
Main trading port: -0.64%
SPY port: -0.02%
Brokerage: -0.37%
BBE Overall: -1.77%
% of Trading Targets reached -38.79%

Quick Stats, at current returns:
Early Retirement Only: 12.2 years
Buy the Condo 9.8 years
Retirement at the beach: 14.7 years
Ahead/Behind on 10 Year Plan: $14,752.48 Ahead
Discretionary spending up/down from 2006 Down 20.02%

Just a quickie:

Closed:
UNP, held 17 days, +.98%
COP, held 4 days, +3.82%
ACM, held 5 days, +6.35%
GRMN, held 5 days, +5.91%

Week to Date:
Main trading port: -0.52%
SPY port: 0.00%
Brokerage: -0.25%
BBE Overall: -1.68% (Prop taxes this week)
% of Trading Targets reached -27.09%

Quick Stats, at current returns:
Early Retirement Only: 12.0 years
Buy the Condo 9.7 years
Retirement at the beach: 14.6 years
Ahead/Behind on 10 Year Plan: $14,953.13 Ahead
Discretionary spending up/down from 2006 Down 20.02%

The last week of May Beach Bunny Enterprises took a big ol’ hit for dental expenses.

Looking at the first week of June going forward to today, I’m right where I was.  Which doesn’t sound spectacular, but it means I am actually making enough to cover my expenses, and that includes the mortgage & such on the damn townhouse.  Once that sucker sells, things are really going to come together.

One hell of a week. Been a while since Beach Bunny Enterprises had two up weeks in a row. Would have been even better overall except I had to get 3 new tires and new brakes for my car. Feeling good about heading out for vacation – nice to leave on a high note.
Good Stuff!
– IFX, exited nicely above target

Week to Date:
Main trading port: 3.09%
SPY port: 1.14%
Brokerage: 1.46%
BBE Overall: 1.60%
% of Trading Targets reached 227.37%

Quick Stats, at current returns:
Early Retirement Only: 11.7 years
Buy the Condo 9.2 years
Retirement at the beach: 14.1 years
Ahead/Behind on 10 Year Plan: $18,409.20 Ahead
Discretionary spending up/down from 2006 Down 23.59%