I got spanked today in Apple. I made it worse by buying at $510 and sharing the stupid ‘feeling’ idea. For those that follow me…I apologize. I am done with what I bought today. I wiped out anything I made in Google just yesterday. The numbers put forth from $AAPL are staggering, but all that …
From: January 2013
Momentum Wrap – Homebuilders and Auto Dealerships Stocks Shine Again
New Highs 34 stocks closed at all-time highs while gaining 1% or more: RKT PAG GPI MIDD LAD SRC KSU BRFS TYL FNGN 103 new 52-week highs among stocks that appreciated 1%+. Some of the notable movers include: The same market themes keep appearing. Homebuilders ($KBH $LEN $PHM…) have dominated since the second half of …
Why I Bought a Little More Apple
So I bought a little more $AAPL just now at $510. It’s not a momentum trade…$AAPL has none if you actually read or watch TV. If you draw a ton of straight lines on some long term $AAPL charts you can convince yourself of pretty much anything, so I am not buying for any technical …
Momentum Wrap – Bulls Keep Roaring
New Highs 97 New all-time highs among stocks that gained 1% or more: BOX GV ACRX DDD SRC MDVN KSU STX MPC BOFI 292 new 52-week highs among stocks that appreciated 1%+. Some of the notable movers include: Nothing new under the sun. Housing-related stocks are still on fire. Heavy construction ($MTZ, $PRIM), building materials …
Howie’s Stock Market Investing Lessons…
I am on a mission to ask everyone I meet if they invest/ trade and use Stocktwits. Everyone should. I get asked all the time from beginner’s how to start investing and I have chipped away at a long list the best I can to help people frame the business of investing. Here we go: …
Momentum Wrap – 91 All-Time Highs
There is an old market saying that surprises tend to follow the direction of the current trend. Thursday’s news flow and price action were examples of that concept. New Highs 91 all-time highs among stocks that gained 1% or more: GV ASML CYMY FUL FRGI CLW CRAY PRIM FNGN HCA PRLB LOW 261 stocks reached …
Momentum Wrap – Goldman Sachs, Refiners and Airlines Hit New 52-week Highs
New Highs 24 new all-time highs among stocks that gained 1% or more: PRLB STZ CG DK SUSS EOPN FRC ACHC VMED 63 stocks reached new 52-week highs while appreciating 1%+. Some of the notable movers include: Refiners ($DK, $VLO, $WNR), Airlines ($CPA, $LOV, $DAL) and Financials ($GS $FRC $JPM)) are still leading the market and …
You Can’t Fit a Railroad in the Cloud…and Buy and Hold Works!
The Dow Transports are at all-time hights today. It really is all ‘ball bearings‘. High fives for the railroads and Warren Buffett! Woot for the truckers! Only the government and Post Office could screw up such a layup of a trend. The post office only lost $15 billion last year. Take a look at this …
Momentum Wrap – Amazing Resilience
While the benchmarks are consolidating, dips are getting bought, breakouts are still happening as capital is rotating among different industries. IPOs and biotechs are still outperforming, which is always a sign of a “risk-on” mentality. It is getting a little jiggy out there. New Highs 31 New all-time highs among stocks that gained 1% or more: …
Momentum Monday – Apple Dip Buyers Missing the Mojo and Bank of Columbia is ‘Too Big to Blow’
All eyes are on $AAPL as it tumbles below $500 and down 30 percent from it’s all-time highs. The dip buyers are in and are missing the real meat of the market move. This is happening as Apple is about to report their best profits in history. The market is rarely about one stock. Transports …