SPX opened lower on worries over the Europe (like we haven’t heard about it previously), then technicals got in, mainly Oracle’s bad results and pushed the market (SPX) all the way down to 1230. That looked scary! At least for me since two days ago I reversed my bearish outlook into bullish and I started Continue reading →
Posts Tagged With 'trading'
Is Santa Claus Rally undergo?
As I wrote yesterday, we could break down thru the support or bounce back. The market was oversold and there were no significant negative news to push it lower, however because of Europe, there still was a risk of going lower. It seems like we are bouncing instead. The SPX surged 2% up at opening Continue reading →
Stocks up again on earnings
Last week I didn’t have time for updating my web site. There are only two facts: 1) The market was rising again, this time on earnings 2) I am no longer strongly convinced that the market will go down. That means I will stay aside a bit in regards to trading SPY. We may go Continue reading →
Market ends third quarter with heavy losses
As I wrote in my previous post, investors were just buying a pure wishful thinking, hoping for better times, improvement and trying to avoid recession (in their thoughts). Although some data from US came better than expected, they weren’t strong enough to offset bad data from Europe. So watch the European debt crisis, since it Continue reading →
Picks 08/02 – 08/06
Another weekly review of my investing effort. You can review how my portfolios were doing this last week, review my Trading account, which is my aggressive portfolio where I buy individual stocks, my ROTH IRA retirement account which is my dividend investing portfolio (to which I am focusing the most right now) and my Lending Continue reading →
Stryker Corporation (SYK)
Stryker Corporation (SYK) is once again on my buy list with a target price at $70 per share. I reviewed the trend of the stock and the only thing which I do not like so far is that the stock was growing in price on drying volume. So I decided to watch this stock for Continue reading →
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