Greetings,
Currently, I have two open positions. They are CSCO and INTC. They both ended the week at their highest levels in a while.
During the week I sold three positions for small winners and opened one new position. The new position I opened was MOT which I opened at $16.52 and later that day I sold it at $17.05 for a 53 cent gain in just a few hours. I was also able to sell DELL at $35.74 for a 48 cent gain. I decided to close the GIS position while it was a little over my cost just in case the market took a negative turn due to the presidential election. As a result I cleared a 30 cent gain.
What a difference a day can make. Elect a new president with no lawsuits pending and throw in lower oil prices and the market rallies. Was this a short term rally? I hope not, but I do suspect some may lock in some profits, but something tells me we've entered a nice upswing. Only time will tell. Hopefully, INTC and CSCO can make up some lost ground. I sure would like to see INTC get close to $25-$26 dollars. My favorite little bank stock IBOC is now near $40 per share. This proving to be a really nice long term play so far. I'll be looking for more opportunities during the dips.
Have a great week!
Anthony
_______________________________________________
[Customer Service: InvestBilling.com]
These notices of Anthony Myers' trading ideas are intended to provide opinions about and analysis of the mentioned stock(s). They are not intended to provide personalized investment advice. DO NOT EMAIL ANTHONY MYERS SEEKING PERSONALIZED INVESTMENT ADVICE, WHICH HE CANNOT PROVIDE. Anthony Myers is the commentator for AEM Investment Company, LLP. Online Investment Services, LP. is a publisher (via InvestmentHouse.com), and neither Online Investment Services, LP, InvestmentHouse.com, nor Mr. Myers is registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission or with any state securities regulatory authority. From time to time, Mr. Myers may write about stocks in which he has a position. In such cases, appropriate disclosure is made. Mr. Myers statements represent his own opinions and is provided for informational purposes only, and no mention of a particular security constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction, investment strategy is suitable for any specific person. You further understand that Mr. Myers will not advise you personally concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. To the extent any of the information provided may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person. There is a very high degree of risk involved in trading. Losses can be significant. Past results are not indicative of future returns. You bear responsibility for your own investment research and decisions and should seek the advice of a qualified securities professional before making any investment. By accessing this data and accepting emails from us, you agree to be bound by the Terms and Conditions of service and the Disclaimer as such may be amended from time to time.
|
