I have 22 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
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You know something? I kinda got scared when I saw this posting.
No not really but I have the following opinion which leads me to short C.
1. C looks like it's hitting resistance around 4.20 and 4.30 area, and there are those gaps below that needs to be filled.
2. Volume is low throughout this week's rally.
3. C reports earning this Friday, traders will likely book profit before earning.
4. I think a lot of financial loses $$$ from trading the past quarter due to market correction. However I don't know how much revenue that C makes comes from trading.
No not really but I have the following opinion which leads me to short C.
1. C looks like it's hitting resistance around 4.20 and 4.30 area, and there are those gaps below that needs to be filled.
2. Volume is low throughout this week's rally.
3. C reports earning this Friday, traders will likely book profit before earning.
4. I think a lot of financial loses $$$ from trading the past quarter due to market correction. However I don't know how much revenue that C makes comes from trading.
and of course those are just my opinion.
Yeah! Yeah! I also notice no gap between $4.20 and $4.30. Earnings Whispers (EW) says C will miss earnings by three cents. Don’t know if EW is even realizable, they have been wrong before. I think either way if C makes the call or not, it still would be a good short on that day or after But I could be wrong.
I won't be back until Friday of next week... and I most likely will not have computer access until then. As well I couldn't find anyone to take over the contest...
So, keep making your picks, and I will enter them in if I can while on the road, if not, when I get back. I've made the spreadsheet available for up to 42 entries which should get us through. As well making your posts on the forum will work.
BMS gained 8.11% last week, which I think, pending the official scorekeeper tally, may have finally broken the silver ceiling where my score is concerned.
This week I picked HRB long, and this time I used the entry form.
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