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 »
May 8, 2013 Sold 400 of my 500 shares of PERI at 13.21. It’s earnings season now, and I don’t like the emotional trading going on. As I mentioned yesterday, there are big moves up when earnings are better than expected, and big moves down when they are not. PERI does not seem to be… Read more »
May 7, 2013 The stock market is driven by emotions. As the market moves higher, the emotions become more frenzied. We are seeing big moves now in stocks – big moves up when earnings are better than expected, and big moves down when they are not. Recent winners are MercadoLibre (MELI), Regeneron (REGN), and Qihoo… Read more »
May 6, 2013 Lots going on in the stock market – it keeps making new alltime highs, but the market is getting a little frothy. QIHU order was filled at $35.29. Stock was up 8% within minutes. I rarely sell stocks, but I am starting to feel like the market is getting too frothy. I… Read more »
May 3, 2013 PERI order filled at 12.79. Closed at 12.99, a good sign. Volume was strong on the breakout, while bodes well for a continued run higher. PERI reports earnings on May 13. Stock likely to run up to earnings, and then sell off unless earning are spectacular. May sell some or all of… Read more »
