Today's
Market
by Dr
Invest
Today's market started in the negative as the market comptemplated Italy and its political woes. Before the end of the day, a promise of resignation by the Italian Prime Minister brought a rebound in the market. Friday, I invested into FDO, DLTR, and CATM. I am taking a risk that the EuroTribe will workout their debt relief plan and that we will see a seasonal rally during the last two months of this year. Here are the results at the end of the trading session on Tuesday.
YESTERDAY TODAY
FDO (Family Dollar) lost .08% gained .08%
DLTR (Dollar Tree) lost .56% gained 1.43%
CATM (Cardtronics ATMs) gained 1.08% gained 8.22%
.44% gain 9.73% gain 10.17% total gain
As of today, I have gained a total of 10.17% in the overall stock porfolio.
I have chosen a 6% stop-sell. If the stocks continue to grow, I will move my stop-sell behind the closing price.
I have said that it is not the opinons of analysts or politicians that determine the trend of the market. The market is the sole determinate of its price.
What is key to seeing gains in your portfolio is "active portfolio management". Active portfolio management is not "timing the market" nor "day trading". Active portfolio management is OBSERVING, IDENTIFYING TRENDING STOCKS or BONDS, then BUYING or SELLING both bonds and stocks when there is a clear trend change. The purchase of STOCKS or BONDS is based upon strict rules. When the rules are followed, the opportunities for success is enhanced.
Please note, that at a 6% stop-sell, CATM would presently return 3% profit if the market turned down. That means that at this time CATM is profitable. I would like to see CATM continue an upward trend with the a return of 15 to 20% .
There seems to be some return in FDO and DLTR and I would settle for a mere 6% over the next two months. So here's the truth, in such a volatile market, you can't really predict where the price will be two days from now. You can hope that it will continue to climb until the end of the week an set your stop-sell price. To just break even, your stock's price will need to rise about 7%. The exception would be if you simply wanted to sell the stock once it had climbed 4% above the purchase price. In that case, your 6% stop-sell is the safety net, but if a market downtrend is looming, you sell the stock for the best price you can get.
Better yet, make good judgments in the first place and hope for gains that can let you move your trailing stop (stop-sell) to a place of profitablity.
(note: The above article is soley for entertainment purposes and not to be used as financial advice under any circumstances.)
by Dr
InvestToday's market started in the negative as the market comptemplated Italy and its political woes. Before the end of the day, a promise of resignation by the Italian Prime Minister brought a rebound in the market. Friday, I invested into FDO, DLTR, and CATM. I am taking a risk that the EuroTribe will workout their debt relief plan and that we will see a seasonal rally during the last two months of this year. Here are the results at the end of the trading session on Tuesday.
YESTERDAY TODAY
FDO (Family Dollar) lost .08% gained .08%
DLTR (Dollar Tree) lost .56% gained 1.43%
CATM (Cardtronics ATMs) gained 1.08% gained 8.22%
.44% gain 9.73% gain 10.17% total gain
As of today, I have gained a total of 10.17% in the overall stock porfolio.
I have chosen a 6% stop-sell. If the stocks continue to grow, I will move my stop-sell behind the closing price.
I have said that it is not the opinons of analysts or politicians that determine the trend of the market. The market is the sole determinate of its price.
What is key to seeing gains in your portfolio is "active portfolio management". Active portfolio management is not "timing the market" nor "day trading". Active portfolio management is OBSERVING, IDENTIFYING TRENDING STOCKS or BONDS, then BUYING or SELLING both bonds and stocks when there is a clear trend change. The purchase of STOCKS or BONDS is based upon strict rules. When the rules are followed, the opportunities for success is enhanced.
Please note, that at a 6% stop-sell, CATM would presently return 3% profit if the market turned down. That means that at this time CATM is profitable. I would like to see CATM continue an upward trend with the a return of 15 to 20% .
There seems to be some return in FDO and DLTR and I would settle for a mere 6% over the next two months. So here's the truth, in such a volatile market, you can't really predict where the price will be two days from now. You can hope that it will continue to climb until the end of the week an set your stop-sell price. To just break even, your stock's price will need to rise about 7%. The exception would be if you simply wanted to sell the stock once it had climbed 4% above the purchase price. In that case, your 6% stop-sell is the safety net, but if a market downtrend is looming, you sell the stock for the best price you can get.
Better yet, make good judgments in the first place and hope for gains that can let you move your trailing stop (stop-sell) to a place of profitablity.
(note: The above article is soley for entertainment purposes and not to be used as financial advice under any circumstances.)
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