Greetings,
Currently, I have three open positions INTC, CSCO, and ORCL. ORCL closed on Friday near my cost average point of $10.58 per share. CSCO closed up strong at $20.46 per share. And INTC showed a positive gain closing at $20.58 dollars per share. A mini Tech rally occurred Friday allowing me to sell LU at $3.25 dollars per share for a 21 cent gain per share which is respectable for a $3 dollar stock. I was also able to buy and sell a position in WMT this week. I bought WMT at $52.59 per share and sold it at $53.10 per share for a 51 cent gain. Had I waited a few minutes later to sell I could have gotten quite a bit more. WMT closed on Friday at $53.45.
Earlier in the week I tried to buy HD, but was not filled, however some members were filled. HD closed up substantially higher on Friday at $37.54 for a nice gain if you were fortunate enough to get in. For those that did get in HD, a limit order good for the day on Monday to sell HD at $37.50 is my suggested exit price.
IBOC keeps rising slowly, but steadily. I continue to watch this one.
An interesting stock I have no position in is CVC. It's in the communication/cable sector. I've been watching it for a while now. I was planning on opening a position, but it just kept climbing all day Friday closing up $1.28 per share at $19.57 from it's recent down trend. I'll continue to monitor it's movement.
Good economic news powered the market into positive territory on Friday. Let's see if it carries over the weekend. I'll be looking for more opportunities to enter new positions next week.
Have a great weekend,
Anthony
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