New Position

Today I got long the ETF $HDGE. This ETF is called a “Bear Market ETF” it is typically bought to get short the stocks that have been selected by the ETF designer, in this case that would be AdvisorShares. It is currently short $IBM $CTL $TPX $CAT $CNSL

Here is what comes with the ETF when you look it up on scottrade:                                                 The investment seeks capital appreciation through short sales of domestically traded equity securities. The Sub-Advisor seeks to achieve the fund’s investment objective by short selling a portfolio of liquid mid- and large-cap U.S. exchange-traded equity securities, ETFs registered pursuant to the 1940 Act, ETNs and other ETPs. The Sub-Advisor implements a bottom-up, fundamental, research driven security selection process that seeks to identify securities with low earnings quality or aggressive accounting that may tend to mask operational deterioration and bolster the reported earnings per share over a short time period.

    I got long this ETF because I think this year will be a bumpy and volatile one, although we will get overall gains by the markets. I like that this ETF also changes the stocks that it shorts so you are constantly  getting new shorts.

Position Update

Today I cut some of my $V today because it had very good earnings and i wanted to take profits. I did this because I remembered that this was initially just a trade and not a long term play, so I had to stick to my plan and not get to sucked into the stock.

Position Update

I took off half my position in $SBUX (starbucks) just to keep those profits and get some money off of the table, i may enter in lower, especially if it goes under $70. Right now it just wasn’t  working out, kept a little because it is still a good company and I do want to have some because it is a good long term play, i just had too much risk in it.

Weekend Reveiw and Look Ahead 12/25/2013

A look back on the trading week, a look into what the next week as in store, my portfolio.
Any questions please send to @WillHassellws or email them to WillHassellws@mail.com

Weekned Reveiw and Look Ahead 1/19/2014

A look back on the trading week, a look into what the next week as in store, my portfolio. This week I focus on some of the earnings that happened in the banking sector as well as Starbucks, Michal Kors, Google, and Tesla.
Any questions please send to @WillHassellws or email them to WillHassellws@mail.com

Weekned Reveiw and Look Ahead 1/12/2014

A look back on the trading week, a look into what the next week as in store, my portfolio.
Any questions please send to @WillHassellws or email them to WillHassellws@mail.com

Position Update!

Today I bought a tiny bit more KORS as it was down more then 2%. I did this by putting in a limit order for 5 shares at $76.50 (ended up being 25 cents higher then the lows of the day) for a total trade of $389.50 which was more then half of the total amount of cash i had on the sideline, which was about $620. I would like to remind you that i have a very small account, as of total it totals $4,200, $3,971.08 in the market and $229.66 on the side, I don’t use margin. I bought more KORS because its a great company and is still growing, despite the downgrade from citi from buy to neutral, but they still have a $93 price target which gives about 20% of upside from here. Today gave a great opportunity to get in on it because it has been beaten up for the past couple days. I bought more because I think this was a great holiday season for KORS and this was a place that i could add to my position and get ready for earnings!

This Years Performance

This year i had a overall performance of 47.16%. This performance is before taxes and i would like to also say that my performance doesn’t include any deposits into my trading account, but the way my performance is calculated, by Quicken, is that any commissions show up as if i lost money in a stock. So the performance number above does show my performance with commission. I will now breakdown my performance by quarter. 

Q1- +50.37%

Q2- +2.9%

Q3- +107.8%

Q4- +30.98%

As i explained above, these performances do include commission, that is why my Q2 is so low, because I traded a lot and got a lot of my gains eaten up by fees.