I am pleased to announce the opening of my new stock picking website!! After a few weeks of thought, and a few more weeks of work (yes, I do work!) I am finally ready to launch it! Check it out:
(i can't get the link thingy to work, so you"ll have to cut and paste!)
So.... If you or someone you know: * Is looking to make some extra money. * Is a stay at home mom who wants to suppliment the family income. * Wants to learn more about trading without the information overload. * Has an extra $2500-$5000 (or more) laying around and wants to put it to work.
Then spread the word!
The strategy is simple. The track record is great. The subscription price is cheap! What more do you want???
I will still be posting trades here, but only after the fact (which I typically do anyway) SO, if you want my picks BEFORE the market closes, please consider a subscription! (PLEASE!) I will be limiting subscriptions to 350 people (I'm not looking to move markets here) so hurry! :-)
SAY (my long for the close of Thursday) was listed on briefing.com as coming out with earnings on Monday, before the market opened, however, this did not happen. The (bad) earnings came out on Friday resulting in the drop in price. I was not really long this stock, and Im taking it out of the equation, since it didnt ACTUALLY fit the strategy since the earnings didnt come out as originally reported.
Im thinking things turned out this way since the stock is an ADR and an Indian company. But either way, it was reported on briefing,com incorrectly.
Yes, yesterday's pick went well today. However, I didn't post any longs. I overthought the longs, I guess you could say, however, here is a list of the longs I was looking at that fit, but I didn't post:
ABT ADTN SJX STX (and all were good for $0.50 today)
********BELIEVE IN THE STRATEGY...........BELIEVE IN THE STRATEGY*************
Perhaps I missed something here, but what is Israel getting in return for this gesture??????************************************
PARIS - An Israeli government official says Prime Minister Ehud Olmert has agreed to release an unspecified number of Palestinian prisoners. ADVERTISEMENT
The move is intended as an overture to Palestinian President Mahmoud Abbas as the two sides try to move ahead on peace talks.
Israeli government spokesman Mark Regev said that in a meeting between the two men in Paris on Sunday, Abbas brought up the issue of the thousands of Palestinian prisoners in Israeli jails.
Regev says Olmert "agreed in principle" to such a release as a "gesture" to Abbas.
Because so many Palestinian families have members in Israeli jails, the issue is of prime importance for the Palestinian people.
THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below.
PARIS (AP) — Israeli Prime Minister Ehud Olmert said Sunday that Israel and the Palestinians have never been closer to a peace deal than now.
Palestinian leader Mahmoud Abbas, standing with Olmert at the French presidential palace, said both sides are "serious and want to achieve peace."
Meanwhile, Olmert also said Sunday that Israel hopes to have direct contacts with Syria soon. The rival neighbors have been holding indirect talks mediated by Turkey.
Olmert and Abbas held talks Sunday with French President Nicolas Sarkozy ahead of a sweeping summit launching the Union for the Mediterranean, bringing together leaders of some 40 nations in Europe, the Middle East and Africa.
"We have never been as close to a possible (peace) agreement as today," Olmert told reporters.
Repeated rounds of Israeli-Palestinian peace talks since a peace conference in Annapolis, Md., last year have produced little movement.
But the atmosphere was friendly when Olmert and Abbas posed on the steps of the Elysee Palace with Sarkozy in the center, arms linked.
Olmert's domestic troubles, meanwhile, have clouded peace efforts. Law enforcement officials announced the widening of the corruption investigation against olmert. The ongoing investigations threaten his political survival and will make it more difficult at least in the short term to make major steps toward peace.
Palestinian negotiator Saeed Erekat said Sunday that those troubles were not affecting current discussions. He said Israeli and Palestinian officials would review the status of negotiations on the sidelines of the Paris summit, discussig Israel settlement activity, the Gaza border and Palestinian prisoner releases.
Syria's President Bashar Assad said Sunday that talks with Israel could move toward direct contact but suggested that would not happen until there is a new U.S. president in place.
I've decided to take my pregnancy blog private. Things have been stressful lately with a certain person in my life and I have the need to vent about it freely, and I've decided to do that in that forum. I don't know if this person knows of that blog or reads it, and Id like to keep it that way.
Anyway - if you read the blog and are still interested in doing so, just drop me ur email address and I will put you on the list!
Ok people - here's the thing - I havent had a pick since Monday since earnings season is slow. That coupled with last week's holiday, means VERY slow.
There has been excitement going on in the market. The Dow is inching closer to 10,000 (my prediction - but of course, Im no expert) and I do believe we are officially dealing with a bear market......is anyone really shocked?
Anyway - Im backing off from the long strategy a bit though Im still going to post the longs that fit. That doesnt necessarily mean that Im trading it. So having said that, WWW fits the long bill today, HOWEVER, its competitor, NKE did ok with earnings, but had a not so ok outlook, which is why Im staying away.
I've all but abandoned the daytrading for now to concentrate on the swing trades. Here's how it works:
I noticed that stocks that report worse than expected earnings AND have a price drop that day, seem to signal the start of a price downtrend. Therefore, at the close of the day that a stock reports worse than expected earnings AND the stock dropped, I short, and look for at least $0.50. Im also willing to wait for it a few days.