• Long GS At $160.15

    Two new positions today in the portfolio – the first one was Walt Disney (DIS), and the second one was Goldman Sachs (GS). The latter of which is shown for you below. Notice the clear breakout. I typically wouldn’t buy a stock in financials based on the their recent weakness, but today offered some

    |October 27, 2010|1 min read|

  • The Daily Long and Short Setup

    Futures are still looking at an open to the downside of about a half percent or so and will be interesting to see whether the bears can drive this market down below its 10-day moving average, which has done a good job of providing considerable support in recent past. On the short position below, be

    |October 27, 2010|1 min read|
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    Question: Long-Term Investments

    Recently a subscriber sent an email over to me asking the following: I’ve just filed my tax return for 2008 and I’ll be getting back some money from Uncle Sam. Each year I stash my tax refund into some long-term investments to save for my kids’ college tuition…Since I won’t be using this money for

    |February 12, 2009|2 min read|
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    Destined to Test January’s Lows

    February 6, 2008 The day looked as if we were going to get one of those reflex bounces and recover some of the losses from the previous two sessions. However, investors were just too nervous to commit any extra of their capital to sustain this rally, and as a result, a perfect opportunity was formed

    |February 6, 2008|2 min read|