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 →
Making 45% Annually Trading Options Against Dividend Growth Stocks
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 →
Should we chase this rally attempt?
When looking what the stocks, mainly those I was ready to buy back did this morning I said to myself “I should have hold them and I shouldn’t have stop loss applied. Today these stocks opened mostly with gaps and I could have made money.” Yeah. This is what I have tried last Friday and Continue reading →
A great rally is over
Today, it happened in the markets what I though would happen when I saw on CNBC yesterday how excited these guys were about the yesterday’s rally. First what crossed my mind was, yea, wait for tomorrow. The Wall Street is too sensitive about the news and stocks respond in zig-zag move. Not to say I Continue reading →
DeVry (DV) regains its strength
DeVry (DV) gapped up today on the positive news. It is confirming its volatile attitude and strong growth type of stock. The strong uptrend remains intact driven up by institutional money and positive outlook of educational stocks although with some caution and good stop management in place. Today all educational companies rose after improved rating Continue reading →
Visa stock on the way up to hit record high in early 2010
Today the stock market got hit hard, well at least my holdings pulled back. I recently added some more shares to my existing holdings, so this move down just the day after my additions looks scary to me. All my stocks recently pyramided in my account were climbing to new highs so I want to Continue reading →
STEC in consolidation
In my weekly Picks History post I mentioned STEC showing a reversal sign. Although I am losing my interest in this stock, because it doesn’t meet my picks criteria any more, I am just curious how the stock will develop and I may consider a small position as a swing trade based purely on technical Continue reading →
Medifast (MED) reporting earnings
Medifast (MED) is going to report earnings tomorrow morning prior the market opening. The stock has been dumped by investors recently (maybe they were unloading prior reporting earnings) so I was stopped out. Since the peak on October 21, 2009 the stock lost almost 21%. When looking at the after hours trading, it seems the Continue reading →
Visa beats expectations
Visa (V) did better than expected, which makes me laugh. Not because I might be making more money holding this stock, but because I still have on my mind all those doomsday analysts predictions, analysts and traders overreacting and freaking about earnings and company’s sustainability. A few days ago, Visa was falling for no particular Continue reading →
Earnings calendar for my holdings
Stocks are heading down for the fifth time in seven sessions today, mostly dragged down by raising dollar and falling oil. Some stocks are also dumped before the companies issue their earnings reports, I think. Visa (V) is expected to report 3Q earnings tomorrow, Tuesday, October 27th and a consensus estimate is $0.72 (+7.46%) per Continue reading →
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