Update: November 30, 2015

| November 30, 2015

November 30, 2015

 

Portfolio Update

Since our last update, we’ve already had Thanksgiving, Black Friday, and now Cyber Monday come and go (well mostly).  It sure seems like this year is going by quickly!  We’re already in the heart of holiday shopping season and there are just a few more weeks of work/school before the holidays.

Stocks have been fairly flat over the last week or so as investors are beginning to digest retail numbers and other economic metrics.  The S&P 500 is up 3% for the year and probably won’t be too far from that number come year end.  We’re expecting the index to fall between flat and 5% for the year.

Most eyes will be on retail data, although the variables have changed in recent years.  Online sales numbers will likely be more important this year than brick and mortar sales and how long the lines are.  The best deals these days are almost always online.

The biggest news item in December will still be what the Fed says (and does) about interest rates.  I still expect a 25 basis point increase at this point.  The jobs number at the end of this week will be important.  However, economic news continues to be okay, suggesting the rate hike is still on the table.

Let’s take a look at some portfolio highlights…

 

Portfolio Highlights

Just a quick note:  We won’t update every open position every update.  I try to focus on the positions that have some significant news or price movement.

  • Keurig Green Mountain (GMCR) January 47.5 Calls – We hit the jackpot with GMCR, which exploded past both our exit points within a day or two of making our trade. Everyone should be out of this trade for a big winner by now.  Peak gains from this position are 242%!

 

  • Bed Bath & Beyond (BBBY) January 55 Calls – Our BBBY trade from last week also got off to a nice start, although the stock has pulled back today. We didn’t yet hit an exit point, but gains last week pushed up our high mark to 67%.  Still plenty of time for this position to reach our goals.

 

  • Nuance Communications (NUAN) December 17 Calls – Another trade we crushed is NUAN. The stock rocketed higher after beating earnings in mid-November.  The share price has soared above both of our positive exit points, so everyone should be out with solid gains.  Peak gains on this position are 260%!

 

Category: AOA Updates

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