Profit and Lost

I had written about my investment in the last few posts. So far the journey has been filled with sometimes happiness, pains and heartaches. On paper, I'm still on loss, although the market is moving up since Trump took over as President. No one for sure how long this bull will run, but if the bear really comes, stocks prices may tumble, it will not be good.

Some of the stocks that I took interest in were AAPL, KMI, WU, WDC, SKX and UA/UAA.

The worst performer is UA/UAA, the stock price had dropped more that 30% since Jan 17, it's a company that mirrors Nike, except that it has a shorter history and smaller international market present. Due to the fact that most of their sales and focuses were in the US, so they has been paying tons of taxes to the IRS. The company was hoping that Trump would lower the tax rate for US businesses, so that they can translate the taxes to income to their advantage, but so far, it has not been happening, maybe not yet. I'm currently seeing loss for this stock.

AAPL's share price is high, more than $130/share this month, with the anticipation of the new iphone coming to the market, the price would sure go higher. So maybe a good time to take a small bite if interested. I'm not vested in this because of my capital limit.

KMI, for the oil and gas industry, the share hasn't move up much, but, some analysts were saying oil price may pick up soon, so perhaps, good to pick up some shares.

SKX is quite a stable stock, can buy some to keep. Likewise for WU, if it drops less than $20, and especially with strong moat of having presence in many countries, lots of people use it to send money, can buy.

Well, lastly WDC, a harddisk company, like STX, the two of the biggest hard disk storage companies in the world. The last I heard, they are venturing into SSD, good for them! If they are successful and able to gain a large portion of the storage market share, their stock prices are going to balloon beyond $100.