June 17, 2013 I wanted to followup on my Hewlett-Packard trade placed back in November 2012, when I bought shares at 11.52. Here is a chart through today: (Click chart to enlarge) This chart shows a classic decline and panic V bottom in November. I purchased the stock on November 20, the panic day…. Read more »
June 14, 2013 I thought I’d do an update on my purchase of PGH in March 2013. Below is a current chart. (Click chart to enlarge) So far, the stock has not made a new low. V bottoms and a high volume confirmation followup day are powerful tools to use when buying stocks. They work!… Read more »
May 22, 2013 Today was an outside reversal day. This means that the market made a new high, then reversed and went lower. This chart pattern generally denotes a top, and leads to lower prices. Today was also a great example of a bearish engulfing pattern that was profiled in the Stocks course. Lower prices… Read more »
May 10, 2013 I was stopped out of my last 100 PERI shares at 12.95. Total profit on the trade was $187, or $159 including commissions. I also decided to sell my last QIHU shares. I sold at 39.25. Profit on this trade was $396. Total profit on the QIHU trade was $1,097, or $1,069… Read more »
May 9, 2013 I decided to sell most of my QIHU position. I just don’t like this market action. I also have quite a lot of stock that I’ve held for many years. Almost all of my stocks are dividend payers. I only purchased QIHU because of its earnings potential and breakout from an established… Read more »
