We're now in the beginning of January 2012, and the January Effect is now set to take place: stocks that should not go up will go up, merely because those who have sold them back in December will buy them back in January. The January Effect will...
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- Tags: AIG, BAC, BP, c, CA, DANG, GRPN, LNKD, MFC, NFLX, NOK, QSFT, RIG, RIMM, YOKU
The market will open in a 15 minutes (or less), and most of the stocks I'm watching are up in the pre-market, let's see if the levels we're seeing ahead of the trading are sustainable throughout the day. I personally feel that today will be very volatile...
Looking back at last week, when the market was horrible, I have spotted many opportunities, but unfortunately I didn't have the money to buy the stocks, including:
AAPL: The stock went down to less than $240 last week. Anyone who had the money and knew...
MFC (Manulife) is officially rebounding, the stock has been going up steadily for the last week as it hit a bottom of $10.60, currently it is trading at $12.67. The stock has the potential of huge up movements every day as shorters are beginning to cover...
A rumor circulated this afternoon this morning that Manulife offered to buy Lincoln National Corporation (LNC) for $32 a share. The stock jumped from a bottom of $21.26 at 10:10 to $23.38 at 14:50 (the stock will probably go UP another buck from in the...
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...