Wednesday, October 17, 2012

Current Positions at beginning of Earnings Season

Intel (x) Uncertain earnings Tomorrow (currently yielding 4+% dividend) (Technicals: Upward resistance 23, 25, 26, 28 downward support 21, 20 - (at $21.73 10/15/2010)
(N/B INTC is low cost optioned near the price - and these resistance and support prices relate - INTC is a slow mover in either direction)
Intel Calls (2x) hedge against uncertain earnings

Intel Puts (2x) Hedge against uncertain earnings

RIO (Full Position) - Largest Producer of certain Commodities in World - Australian 3+% Dividends

BHP (Full position) Largest Producer of certain Commodities in World - Australian 3+% dividends

AAPL (1/5th position) - Going into Earnings with Smaller Pad announcement - could make an additional announcement with too many $Billions of Cash , UPDATE - 6PM (Mtn Time) rumors flying... apple may release 2 additional product updates in addition to the smaller Tablet  on October 23'd 2 days prior to earnings. I increased my position from 1/5th to 1/2...10min before the aftermarket closed. UPDATE - 6PM (Mtn Time) rumors flying... apple may release 2 additional product updates in addition to the smaller Tablet  on October 23'd 2 days prior to earnings. I increased my position from 1/5th to 1/2...10min before the aftermarket closed. the 2 addnl product updates:
iMac 13 inch (laptop) with new "retina display" and other updates - processor, etc as well as the desktop - MacPro w/ " retina display" as well as processor updates. (Technical upward Resistance 1st $666 2nd $687 - $700 - downward support 1st. $610 2nd $575 - (at $635.10/15/2012)

FFGCX (full position) - Fidelity global Commodity Stock Fund (largest holdings RIO and BHP)

FCNTX (1/4 position)  - Fidelity Contra Fund - 4 Largest Holdings Apple, Google, Berkshire Hathaway, coca-cola


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