The stock market has changed its status into a confirmed rally today as it surged in higher volume. The S&P 500 surged 2.3% and the Dow 2.1% as both cleared resistance at their 200-day moving averages. The NYSE composite climbed 2.5%, thanks to strength in energy and industrials. Visa (V) erased its morning loses and Continue reading →
Making 45% Annually Trading Options Against Dividend Growth Stocks
Archive for 2010
Picks 06/07 – 06/11
Trading Account: New [tag]stock picks[/tag] this week: Stocks bought or added to portfolio this week: none Stocks dropped from portfolio this week: Stocks watched this week: Visa (V) Existing & new [tag]holdings[/tag]: Symbol Qty Last Gain($) Gain(%) Stop ATR Risk tostop (%) Contribution this week: $0 Current [tag]capital exposure[/tag]: 0% New positions available to open: Continue reading →
Visa is creating a new trend
Visa (V) is creating a new trend these days, however the entire market is still weak and may not support this trend. Watch the stock very carefully. Right now the trend is creating its third high-high point and soon it may reverse to create a new high-low point. If it happens, on its reversal at Continue reading →
Market slips back into correction
Today’s last hour sell off sent the rally attempt back into correction on fears that Europe economic problems would hurt recovery. The Dow slashed 115 points a day after it dropped 323 points on Friday. S&P500 is down 14 and Nasdaq which led the rally attempt a few days ago reduced by more than 2% Continue reading →
Picks 05/31 – 06/04
Trading Account: New [tag]stock picks[/tag] this week: Stocks bought or added to portfolio this week: none Stocks dropped from portfolio this week: Stocks watched this week: none Existing & new [tag]holdings[/tag]: Symbol Qty Last Gain($) Gain(%) Stop ATR Risk tostop (%) Contribution this week: $0 Current [tag]capital exposure[/tag]: 0% New positions available to open: 0 Continue reading →
Picks 05/24 – 05/28
Trading Account: New [tag]stock picks[/tag] this week: Stocks bought or added to portfolio this week: none Stocks dropped from portfolio this week: Stocks watched this week: none Existing & new [tag]holdings[/tag]: Symbol Qty Last Gain($) Gain(%) Stop ATR Risk tostop (%) Contribution this week: $0 Current [tag]capital exposure[/tag]: 0% New positions available to open: 0 Continue reading →
Interested in Dividend investing, but don’t know how to start?
I had this dilemma when I was figuring out what I wanted to do with my ROTH IRA account. I opened this account sometime in 2006 and had no plan at all. I was just buying some ETFs with somewhat messy allocation and I truly had no clue what to expect from the portfolio. Was Continue reading →
Picks 05/17 – 05/21
Recently I was busy or out of town so I wasn’t able to update my blog as often as I would wish to. The most recent news is that I liquidated all my positions in my trading account (quite in time to avoid larger loses) and currently I am sitting in cash. Mostly I will Continue reading →
Visa under panic but creates great opportunity
When I opened the computer on Friday and saw the drop in price, my first thought was “what happened again?” and that “I might have jumped in too early” when I bought Visa (V) the previous day. But then I stopped panicking and started thinking again. What caused the major defeat of Visa along with Continue reading →
Visa sold today
I gave up on Visa and even though my original stop loss was lower then today’s sell I decided not to wait for further loses and sold. I am going to wait for the market reversal and buy Visa back when it shows some strength and will to grow. Right now it looks like the Continue reading →
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