PIPC Trading Session
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AMAT
PIPC Update
The start of a new year is always a good time to take a breath and assess your portfolio. After considering ours, I have decided to move on from two of our current names and replace them with new stocks next week. There’s nothing wrong with these companies — their stories have not changed. But…
PIPC Trade Alert: AAPL
I am recommending we roll our Apple (AAPL) put out one week to generate more income. If you are not currently in an AAPL position, you can enter one now be selling the Jan. 15 put. No action is needed on our Applied Materials (AMAT) Dec Week Four (12/24) 87 Call, Chewy (CHWY) Jan Week…
PIPC Trade Alert: AAPL, AMAT, CHWY, TGT
Our Apple (AAPL) and Chewy (CHWY) puts expired worthless on Friday. I am recommending new puts to sell today. We were assigned shares of Applied Materials (AMAT) last week and our Target (TGT) call expired worthless. Therefore, we are selling calls on these stocks today. If you are not currently in an AMAT and/or TGT…
PIPC Update
Here’s where we stand with our Perpetual Income Portfolio Club positions heading into the weekend. AAPL Dec Monthly (12/18) 121 Put Apple (AAPL) jumped Tuesday after it was reported the company plans to produce up to 96 million iPhones in the first half of 2021. That would be an almost 30% increase over the first…
PIPC Trade Alert: AAPL, AMAT, TGT
Our Apple (AAPL) and Applied Materials (AMAT) puts expired worthless on Friday, so I am recommending new ones today. And we were assigned shares of Target (TGT), so I am recommending a call to sell. If you are not currently in a TGT position, you will need to buy 100 shares of the stock first…
PIPC Trade Alert: CHWY + Update
Chewy (CHWY) delivered excellent quarterly results this week, beating on both the top and bottom line. Revenue for its fiscal third quarter surged 45% year over year to $1.78 billion, while the per-share loss of $0.08 was narrower than expected. The company said it had 17.8 million active customers, up nearly 40% from a year…
PIPC Trade Alert: AAPL, AMAT, TGT
We have three new positions this week, which I introduced in today’s Perpetual Income Portfolio Club Live Trading Session, including the addition of our newest stock, Apple (AAPL). You can watch a recording of the session here. What can I say about Apple? How about that it’s the most profitable company in the world? Or…
PIPC Update
Editor’s note: Michael is hosting a Perpetual Income Portfolio Club Live Trading Session on Monday, Dec. 7, at 11 a.m. Eastern. If you have not already done so, register here. Once you have registered, you will receive email reminders from our webinar provider, Zoom, prior to the session with a link to join. Below I…