Today, marks the conclusion of Week 18 of 2008. Let’s take a moment to review the performance of all three AppleOption Portfolios. Let the numbers speak for themselves… we have outperformed the general market S&P 500 -9.29%, Dow Jones -7.15%, and NASDAQ -14.58%.

AppleOption Short-Term Portfolio (STP)
      Started the year with $10,000
      Current portfolio value $17,431.70 (after commission/fees)
      Year-to-Date Gain 74.3%

AppleOption Long-Term Portfolio (LTP)
      Started the year with $25,000
      Current portfolio value $27,626.62 (after commission/fees)
      Year-to-Date Gain 10.5%

Index Condor Portfolio
      Started the year with $10,000
      Current portfolio value $10,522.87 (after commission/fees)
      Year-to-Date Gain 5.2%

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!

     

S&P 500 5-day

Dow Jones 5-day

NASDAQ 5-day

Apple 5-day

     

S&P 500 3-month

Dow Jones 3-month

NASDAQ 3-month

Apple 3-month

     
AppleOption Short-Term Portfolio

Apple started the week at $170 and ended at $180! A fantastic follow-up week from the earnings report. Early in the week, the STP capitalized on a $900 gain from a previous trade. Mid-week the portfolio reallocated the capital by entering a few new positions. We would like to also remind members about the July $125/$150 Bull Call Spread which is currently profitable. We will look to close this trade for $23.00 on 2 contracts for a net profit $4,600 early next week.

AppleOption Long-Term Portfolio

As typical with the LTP, we only occasionally need to trade. This week we took advantage of a mid-week dip to further optimize the portfolio. Year-to-date our portfolio is up 10.5%, meanwhile Apple common stock is down 9.13%. Thus, we have out performed Apple by 19.63%!

Index Condor Portfolio

The Index Condor Portfolio is making slow progress this week. We made two trades (#1 & #2) this week that positioned in the oil ETF. The commodity bubble is pending a “pop” soon and we have safely navigated into nearly a “free trade” while preserving fantastic gain potential.

     
Up-Coming Earning Reports: for a full listing of companies

Monday May 5th
      Virgin Mobile USA - VM
Tuesday May 6th
      ADA-ES - ADES
      Fannie Mae - FNM
      NYSE Euronext - NYX
      Qwest - Q
      Cisco Systems - CSCO
      Ultra Petroleum - UPL
Wednesday May 7th
      Foster Wheeler - FWLT
      Transocean - RIG
Thursday May 8th
      Celgene - CELG
      Dynegy - DYN
      Tesoro - TSO
      Toyota Motor - TM
Friday May 9th
      nothing major

Apple News:
On Thursday Apple released the 10Q form to the SEC for Q2 2008.

“The increases in Mac net sales and unit sales were driven primarily by sales of the new MacBook Air, introduced in January 2008, and higher sales of the iMac and other Mac portable systems. The Mac unit growth rate of 51% and 48% in the second quarter of 2008 and the first six months of 2008, respectively, exceeded the estimated growth rate of the overall personal computer industry during those timeframes reflecting strong customer demand for the Company’s Mac products.”

In other news, a rumor is circulating that AT&T will help subsidize the cost of the new iPhone. The plan is to reduce the cost by $200 when a 2-year contract is signed.

Read this interesting article “The Mac in the Gray Flannel Suit” which talks about Apple and the slow transition in the business market.

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