2014 was a volatile year, but we still managed to outperform the S&P 500 again with a 19% gain. About Todd Akin: My name is Todd Akin and I have brought my portfolio public to show you first-hand how to make money in the stock market. I turned $2,000 in 2005 into $100,000 in…
2014 was a volatile year, but we still managed to outperform the S&P 500 again with a 19% gain. About Todd Akin: My name is Todd Akin and I have brought my portfolio public to show you first-hand how to make money in the stock market. I turned $2,000 in 2005 into $100,000 in…
There is an imminent market crash looming over our heads at this very moment…At least, that’s what the pundits are saying. I, on the other hand, have a different take on the market (as you might know if you follow me regularly). To be fair, let’s breakdown the bear’s argument first: Interest rates are rising…
It hasn’t been since the late 90’s that stocks have seen gains like these. We got similar returns in 2007 but those, as you know, were predicated on bubble mentality. The cycle we are experiencing now is comparable to the 1950’s-1960’s after the market emerged from the ashes of WWII, they say. What’s more, investors…
It doesn’t take a genius to be able to read a chart. This is all you need to know: the trend is up, but we are at short-term resistance. Will SPY fail this level or simply push right through it? Well, investors want in on this market but are scared to chase it. So, they…
Dear subscribers, Initiated a new position in Western Digital (WDC) last Friday to add a cheap technology name to the portfolio (it trades at only 6x earnings). I wanted to take advantage of the strong digital storage theme and feel that this rally in the S&P 500 (SPY) has legs. I also feel that chasing…
Stocks were at a pivotal point last week as we stumbled along the 50 day moving average and feared a correction. After a batch of uplifting earnings reports Tuesday, the Dow rallied 150 points. So what do we do now after the move up? Trimming shares into the strength and taking a little off the…
I haven’t had a chance to catch the news or read anything on the markets today. But, it doesn’t matter. Whether it’s about earnings, China, May, or QE, no one person can predict for certainty what will happen in the markets anyway, not even the people who think they know. So, it is important to…
I did not plan on making any updates today because there is nothing to update. If you are not a trader, then you should be sitting on your hands and doing nothing. Wait for the smoke to clear before putting cash to work. Hopefully you lightened up on some positions and took profits when I…
When formulating an investment thesis on picking stocks, the first place to look is at the S&P 500. If this index is doing well, then trading is pretty much a no brainer. You could pick just about any stock and win. As of now, the S&P 500 is not telling us anything. The trend is…
