Got a huge bounce off of the 50 day moving average today. The Fibonacci’s held Friday and now the market is off to the races. If the fiscal cliff issues are resolved, look for 2013 to be solid during the 1st half of the year. Looking to add on any significant pullbacks. Switched out of…
(Portfolio Update) Friday the indexes were setting up for a big move. The S&P 500 was right on a key retracement level and the 50 day moving average. Something big was going to happen today on this pivotal point- and sure enough it did. We just felt the move would be to the upside instead…
S&P 500 (UPRO ETF)- Holding the 50% retracement level. If this level holds, it will be bullish for stocks. Surpassing the 38% level last week was huge. Now lets see if the market and our portfolio will turn the corner on this positive development. S&P 500- On the 50 day and 100 day moving average….
IWM- Russell 2000 Small Cap Index: A significant proxy for the strength of the overall market. If this is index is doing well, it implies that money managers are more inclined to put risk on the table with buying smaller market cap companies. This chart is bullish as it is above all moving averages and…
Left: S&P 500 Ultra Shares. Found support on the 50% retracement line again. The market is volatile but looking strong despite the fiscal cliff woes; Right: 20 Year Treasury Bonds. Just wanted to give you an idea of how both stocks and bonds are acting. S&P 500 is approaching the middle bollinger band– a welcoming…
Update 11-30-2012: So did it work?
We added to EMC today on the pullback at the 20 day moving average. We would have bought calls on SPY or UPRO but decided to spread our risk out a bit better by adding to our core tech holding EMC, which also displays a similar chart as the S&P 500 (Both are on the 20). If…
Even though some stocks are attractive, the S&P 500 has broken its support of the 200 day moving average. Remember, a rising or falling tide brings with it all ships. Visit our older updates where we revised our strike prices down. It will come in handy at this time. However, there is no need to…
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
