Many traders have not done their homework in understanding how the greatest stocks in history acted. How they created products that changed the world and both earnings expectations and real earnings drove these stocks up to dizzying levels. Traders that have not done the homework think these stocks are short plays and just can’t …
Apple is a strange animal. We have one of the world’s biggest market cap stocks at a value stock price with growth stock earnings. Apple itself is asymmetric, with all the naysayers continuing to believe that it is too big to grow and that it must stumble eventually we are sitting with a …
“Bear markets have no supports and bull markets have no resistance.” -William Eng Two big mistakes new traders make is to short a monster stock at all time highs believing it has to go down or going long a stock in a death spiral because it just can’t go any …
I am holding two long picks going into Monday morning $AAPL and $MLNX. While both of the stocks are in very strong bases they are very near to all time highs and have the potential to pop up and run if the market price action stays healthy. This is the …
If the markets can have a nice summer rally from here my two long picks are Apple & Google. Apple has just completed a nice “cup with handle pattern” and set up to break out at $620, if it breaks through the near term resistance we could see a quick …
With the powerful reversal off the $SPY 200 day and then the comeback after the reversal day I am ready to go long. The European Union headline risk was hanging over the market causing a lot of uncertainty and confusion but with the loan to the Spanish banks approved much of this will …
When I look for the best stocks to trend trade in the stock market I look at the Monday edition of Investor’s Business Daily. The IBD 50 published in each Monday edition of Investor’s Business Daily is a must have for every serious investor and trader. With this edition we …
I like stocks that I am considering to buy to have these ten characteristics. I find that stocks that perform the best from me are usually ten percent or less from the its all time high. I don’t like my stocks to have overhead selling resistance from past buyers that are waiting to …
Many new traders and new investors make the mistake of looking for and buying cheap stocks. Do not fall into the cheapskate trader trap, instead just pay for quality. Cheap stocks are cheap for a reason, they are junk. Quality stocks rarely if ever trade for under $15 and the …
If you want to know how to identify and buy a really fast moving stock and also how to hold it for the big wins then I would strongly urge you to buy How to Make Money in Stocks by William J. O’Neil. At the beginning of this book there are over one hundred …
