Week 31 - Portfolio Review
August 2nd, 2008, 8:13 pm. Posted under Apple Rumors, AppleOption ATP, AppleOption LTP, AppleOption STP, Limited Liability Company, Market Commentary, Portfolio Review by AppleOption.
Week 31 of 2008 trading brought the introduction of a new Trade Alert system. Examine the following year-to-date performance.
Apple NASDAQ S&P 500 Dow Jones -13.26% -19.75% -13.13% -13.47%
Now, compare that performance to the AppleOption Portfolios!
AppleOption Short-Term Portfolio (STP)
Started the January 2008 with $10,000
Current portfolio value $7,665.31 (after commission/fees)
Year-to-Date Loss -23.4%
AppleOption Long-Term Portfolio (LTP)
Started the January 2008 with $25,000
Current portfolio value $19,242.50 (after commission/fees)
Year-to-Date Loss -23.0%
AppleOption Auto-Trade Portfolio (ATP)
Minimum Allocation: $1,500 per trade or max of 12.5% of account value
Minimum Account Value: $12,000 provides 8 allocations
Average Percentage Gain per Trade: 14.8%
Performance since Inception: 71.4% Winning Trades
Number of Open Trades: 0
** Members can view all current portfolio holdings by viewing the Members-Only Page then selecting the Account View: Current Portfolio.
If you are not yet a member of AppleOption, sign-up today and discover how we trade. We’ll teach you by showing all of our portfolio trades in real-time. Join AppleOption Now!
Weekly Review of Portfolio Trades
AppleOption Short-Term Portfolio
The STP has ended up with quite a few positions this month! The Q3 earnings were not favorable to this portfolio and for the second time this year find the portfolio negative. Patiences and skillful trading will help us maneuver out of this unfortunate situation.
AppleOption Long-Term Portfolio
The LTP had no action over the last week. The portfolio currently has 5 long calls which have been completely sold against. The theta decay is working in our favor while we wait for this month’s option expiration.
AppleOption Auto Trade Portfolio
The ATP closed on trade last week for a 3-day 14.0% gain. This trade maintains the average trade gain of 14.8% and a winning trade percentage of 71.4%.
There is a lot of excitement about our newest portfolio. The AppleOption Auto Trade Portfolio (ATP) is offered through ThinkorSwim. Investors interested in following the AppleOption Auto Trade Portfolio will need to open a ThinkorSwim brokerage account as well as need an active AppleOption Membership. After both of these are set-up, then investors will be ready to activate the auto-trading service through ThinkorSwim. Each trader determines his/her individual risk tolerance by selecting a specific allocation type. For more information please refer to the AppleOption Auto-Trade Portfolio (ATP) page.
Technical Apple Review
Key Reference Points:
5-EMA: $158.41
20-EMA: $164.57
50-MA: $174.04
200-MA: $164.56
1st Resistance: $161.70 - triple
2nd Resistance: $169.80 - single
1st Support: $148.80 - double
2nd Support: $142.60 - single
Up-Coming Earning Reports:
Apple will announce Quarter 4 earnings on Wednesday October 22.
View which other companies releasing earnings next week
Monday, Aug 4th
- Fannie Mae - FNM
- Toyota Motor - TM
Tuesday, Aug 5th
- ADA-ES - ADES
- Weyerhaeuser - WY
Wednesday, Aug 6th
- Freddie Mac - FRE
Thursday, Aug 7th
- Blockbuster - BBI
Friday, Aug 8th
-
Analysis Reports:
None yet for August