Todd Akin’s trading plans for the day.
Featured Picks (FREE) · Market Updates
Thinking about pulling the trigger on BPT (BP Prudhoe Bay). It had a large drop at the end of August but for reasons I still cannot figure out. Surely it is something to do with its dividend distribution model. This thing yields 10% and is usually a good flip for us in the 90’s. It…
When the market caught fire 3 weeks ago, stocks in the portfolio had huge runs; some in excess of 50%. So, to be prudent, we trimmed positions back and took some profits. Sounds great. But, because I was so scared about putting money to work the first time, I never had the chance to truly…
This simple bounce off of the 20 day (orange line) could be the indication for stocks going another leg higher. Valuations are cheap, there is a healthy amount of risk, and Ben Bernacke will back us if we fall. Here is a litle something extra from the WSJ.The people programming and running computers for high-frequency…
Most stocks in the portfolio have pulled back completely to support, after rallying nearly 50 % in some cases before the run-up 3 weeks ago. We want to buy stocks at support today, but are still feeling a little nervous at these extended levels in the S&P 500. Despite the S&P 500 being at support,…
China, A Tightened EconomyJim Trippon: With many in the financial media in the west raising their voice about China (NYSEARCA:FXI) as an economy in imminent danger of plunging off a cliff, it’s obvious that the Chinese government doesn’t share that view. The Chinese policymakers have been attempting to address and manage certain economic problems, which…
Markets fell for a 6th straight day as investors continued to take profits from prior week’s gains. Numbers have been mixed so far this week and therefore the consolidation and profit taking come as no surprise. The dollar did indeed bounce off of support today, which accelerated stock declines towards the close. The dollar has…
Markets had a huge run two weeks ago. They consolidated last week and ended up drifting to the 20 day moving average. In a bull market, this is what you want. With the dollar update posted earlier, along with the vix being low, one could make a case that we are going lower. However, stocks…
The dollar has suffered ever since the Fed’s QE3 announcement last week. Since printing all of that money leads to an over-supply of dollars, inflation rises and purchasing power diminishes. With this debasement of our currency, stocks should benefit. Companies will reap the profits overseas from favorable exchange rates. Despite this being said, the dollar…
As we took profits last week and rebalanced the portfolio, we began salivating at the mouth waiting for our stocks to pullback. As I am trepid about the market being this extended, I also feel that we must be prudent in buying uptrending stocks. We got the pullback to the 20 on some, so here…
We haven’t sent out any updates because there has been nothing to do in the market since the qe3 announcement. Trimmed AEM today for a 10% gain, and bought 1 call on PHM at the closing bell, just in case this run continues. I hope you guys have made money out there on our recommendations….
Portfolio Reaches $400,000 Despite Worst Bear Market in DecadesAugust 1, 2022Portfolio Reaches $300,000 Mark On Change Of Investment ApproachAugust 31, 2021
Portfolio Surpasses $200,000 From Post-Covid InvestmentsMarch 1, 2021
Liking Facebook’s Stock ($FB)July 12, 2014
Buying Copper & Gold Giant ($FCX)July 6, 2014
Target Nails Bullseye ($TGT)June 26, 2014
Buying Cheniere Energy ($LNG)June 4, 2014
Apple Wants Beats Audio ($AAPL)May 28, 2014
Buying Calls On 3-D Systems ($DDD)May 27, 2014Really Liking Facebook Shares ($FB)May 25, 2014
