Very interesting 2 weeks, but I think the next week might be even more so.
As you’ve read in our last post we’ve been sitting on the side lines for the past 2 weeks. The main reason being that we were unsure where the market was headed — Up or Down.
QQQQ Up 2.15 Percent – This May The Break We’re Looking For
Status: Still Waiting On The Sidelines
This Week
Stock Picks Update – Sell QQQQ & ATVI
Markets Jittery Due To FED Interest Rate Update Later Today
How To Invest In Stocks
News & ArticlesQQQQ Up 2.15 Percent – This May The Break We’re Looking For
September 6, 2009Status: Still Waiting On The Sidelines
August 31, 2009This seems like yet another week of just waiting on the sidelines because the market has yet to decide which direction to move.
As I mentioned last Sunday – “my recommendation is to stay on the sideline at least until we know which direction the market is headed”. Currently one the main indexes that I watch is the QQQQ and it’s still hovering around the same $40 range.
This Week
August 23, 2009This is a very resilient market. A week ago it looked like it was over bought and bearish signs were flashing. Now it seems like there are bullish signals showing. So what is an investor to do? Stay on the side line or invest?
Stock Picks Update – Sell QQQQ & ATVI
August 17, 2009The QQQQ opened 2.5% lower today along with the rest of indices – a 30 day low. This is not a good sign to say the least. For the time being I’m recommending you sell whatever shares you’re holding for QQQQ & ATVI.
There are a lot of reasons why but overall the [...]
Markets Jittery Due To FED Interest Rate Update Later Today
August 12, 2009Today the FED will meet to discuss whether or not they will raise the interest rates. Based on the amount of stocks going up today — it looks like the market may already know the answer. Answer being – they will decide to keep the interest rates the same.
We’ll see how this [...]
Update – Hold ATVI – Watch IDC – Close To Buying It
August 10, 2009Activision’s – ATVI – went up quite a bit last week. I don’t recommend buying anymore unless you already did that last week. Just hold for now and if it goes below $12 then we will strongly consider selling it. In the meantime though I still think it’s headed for higher ground. [...]
Almost All Stocks Showing Bearish Signals
August 5, 2009Normally if one or even two stocks are headed down then it’s not a cause for concern. But today almost all of the stocks and the overall market seems to be showing a bearish signal. This can mean one thing and that is that for the short term a lot of these stocks are [...]
Update – Sell NFLX & AAPL – Hold QQQQ – Buy ATVI
August 4, 2009We had a good run with Netflix, not so much with Apple.
Netflix – Sell
On July 30 we recommend Netflix and since then it’s gone up from $42.50 to $44.50 – about 4% in a few days. Not bad. We’ll sell it for now and then once it’s gone down significantly we’ll buy it again.
Apple – [...]
Stock Watch List Update
August 4, 2009There are about 3 to 4 stocks that are currently in play, but that doesn’t mean there aren’t more. Here is a list of stocks that I like but are not ready yet so we’ll leave them on our Watch List.
Watch List
SBUX – Starbucks
COST – Costco Wholesale Corp
ELNK – Earthlink, Inc
VDE – Vanguard Energy Vipers
If you see a growing company with good trading volume that you think should be included then send us an email and we’ll consider it.
Update – Buy – AAPL, NFLX, ATVI, QQQQ
July 30, 2009The stocks bounced back faster then expected on a wave of great news. If you were thinking about buying any of these then this might be a good time to start.
Also notice we’ve added in a stock ticker on the right side, which will allow you to track the stocks. I’ll [...]
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