Archive for August, 2010

Yesterday, I expected the Dow to close today at 10,250, but it closed at 10,320. In my opinion, this is a mark that the market has bottomed. There was a very bad report today, and frankly I expected the market to respond much more negatively, but...

August 12, 2010 | In: Uncategorized

The Ultimate Sin Stock

I was wondering what the ultimate sin stock is for a while now, and it seems that it's Philip Morris (the makers of Marlboro, among many other cigarette brands). The cigarette company is one of the very few companies that regained its full strength after...

If only I had the money, here are the stocks that I think are excellent bargains, but don't buy until Friday: - BAC: The stock is now at the low 13s, and I wouldn't be surprised if it touches the high 12s tomorrow. - C: The stock will probably close...

August 12, 2010 | In: Uncategorized

Wow, Is The Storm Over?

As I predicted in the morning, it was a very very very bad day. I almost accurately estimated how the DOW will close (at around 10,400 - it closed at 10,378). Needless to say, many traders lost quite a bit of money today, and the bad part that it doesn't...

August 11, 2010 | In: Uncategorized

Tough Day Today!

I usually check the Nikkei in the evening, and the STOXX 50 in the morning, to have an idea of what the day is going to look like. It's not looking good. The Nikkei (closed) is down 2.7% and the STOXX 50 is down 1.82%, this is because the Feds have...

Today was a really bad day for me, I didn't do any trades, at all, mainly because all my money was invested in stocks that lost money today. I try my best no to sell on a loss. One of the worst performing stocks in my portfolio is BAC, which is on a...

I'm sure everyone heard about Michael Hurd, who was the subject of a scandal involving a contractor, Jodie Fisher, who was also an actress. Both insist that nothing happened, yet she got money off of him, he got fired (but he did get a good severance...

A couple of weeks ago, BIOS was down over 30% on high volume, and the stock reached a low of 4.12 last week. But then, something happened, and the stock started to go up on Thursday and Friday, and closed at around 4.54. So why did the stock go down, and...

I bought some AAPL shares at around $247 a couple of weeks ago when the antennagate was a hot issue and adversely affecting the AAPL stock. Then Steve Jobs held a conference, and started talking about "this scandal" (he even mentioned the Bloomberg rumor...

For the last few days I've been reading a lot about RIMM to know where this stock is going. Apparently, this stock is very uncertain. In my opinion, sell now while you either make some money or lose just a bit. The stock is a buy under $50, but only for a...

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