Wow how the might have fallen. Upon the crash in crude oil prices, Alaska airlines precipitously ran from just over $10 to over $30 in just over 6 months! It had been a great long pick, but, all things must come to an end, and Alaska’s bull run is indeed over. I typically don’t like [...]
On Tuesday, November 10th, I recommended comcast as a hot stock pick on the short side. The trade was opened at $16.65, and yesterday, November 21st, my profit target of $13.17 was hit, closing the trade. $3.48 per share or 21% profit in 11 days, not too shabby! Here’s how the trade played out:
The following is a monthly chart of Monsato, a stock which has been in a long term uptrend, but is now flashing sell signals in momentum, money flow, and trend strength. Look at the incredible bearish divergence in the PPO, which headed sideways during most of MON’s metroic rise. The DMI is signaling a change [...]
In part 1 of this article, I discuss how sector rotation plays into investing in market bottoms, and linked to my article discussing when and where the S&P 500 will bottom. I put together a list of 6 stocks I believe are primed for long term growth, and am revealing 1 per day. Today’s Pick [...]
