Thursday, May 7, 2009

Posted on the wrong blog, reposting over here

THIS WAS ORIGINALLY POSTED AT 9:00am

Sold ETFC at $1.85, I'd bought in at $1.54, soooo BOOYA
Now I'm just waiting for one of my many watched stocks to spike down before the open.
otherwise I think I'm in cash for the day because I'm so indecisive.
My call for the day:
ETFCIntra-day buy: $1.73Intra-day sell: $1.95This includes pre-market trading, and this is what I plan on following today. so we'll see.

Wednesday, April 29, 2009

Ooops

Hold off on buying, I'd wait for it to drop to $1.50, what am I talking about? I'm talking about ETFC. I think as soon as the open happens, we're gonna see a big drop, but then a nice float back up. so I'm changing my goal for ETFC.

Current: $1.78
Intra-day Buy Point: $1.50-$1.55
Intra-day Sell Point: $2.10

Tuesday, April 28, 2009

THIS EVENING

Just got my marketwatch email about the Etrade stock (ETFC), plummeted to $1.78 after hours,

BUY IT IN THE MORNING!!! I hope I have atleast one reader, because that person will be making a killing tomorrow along with myself. 26% drop on a $0.01 miss of the estimated loss is huge, if it was already estimated to lose that much, then it was priced in, and the drop was an over reaction.

Call:
ETFC
Current: $1.78
Intra-day Buy Point: $1.70-$1.80
Intra-day Sell Point: $2.25

It can make it there. Good luck and be sure to wake up bright and early.

Thursday, April 23, 2009

You're Laughin'

If you've purchased Bank of America in the last few days, you should be not only up, but up big. The stock has gone up $1.84 since it's low of $7 earlier in the week.

It's up 6.17% since the close yesterday as of this posting, and I would expect to see it close higher, and open higher tomorrow, and close higher tomorrow. Buy now, if you haven't already, and pick up a nice gain for the weekend.

I'm long Bank of America until it reaches $13, and then if you continue to hold you'll have a very nice investment, but I'm looking for large growth stocks in a short period of time.

So once Bank of America reaches the $13 price point, I'll sell and look for the next big growth stock.

Wednesday, April 22, 2009

Being Long on BAC

Normally, I would like to think of myself as a day trader. With this Bank of America stock, I just can't help but think that I will make a much larger gain if I just hold on to it, rather than buying and selling into other stocks. Not only am I avoiding the fees that I would incur, but I believe that within a few short weeks we could see BAC back at the $15-$17 mark, which is nearly a 70% increase over what it is today, and yesterday it had a low of $7.

So until I am rid of this stock, I'll just give you some little stock alerts, and not too much detail into the company, mainly because you know the one I'm really rooting for is Bank of America :)

My stock pick for today is:

PEPSI, sure I don't like their soda, I'm a coke man myself, but their stock is a winner.
PEP
Current Price: $49.12
Buy Price: $47
Sell Price: $56.5
Time Frame: 1 month
Details: The idea behind this stock is that I'd like to set the Buy price at where Pepsi seems to like to bounce back from, if you look at their charts, $45-$46 is usually where they stop going down in not so good times, and it doesn't look like they drop off any more than that. So whats that mean for an investor? Buying this stock at $47, you may go down a couple points, but shortly thereafter you'll come roaring back, and have a nice 20% gain within a short period of time.

Monday, April 20, 2009

I bought it.

So this morning I pulled the trigger on what I felt was the bottom for the day of Bank of America (BAC). Atleast, I was near the bottom, didn't want to buy and see it go lower, so I bought a few cents off what I believe was the bottom ($9.74), I bought it for $9.86.

Note: Since I started typing I'm up nearly 1%, if it goes like this all day, I might keep writing :)

So here is today's stock pick:

Bank of America (BAC)
Current: $9.93
Intra-day Buy Point: Anything below $10
Intra-day Sell Point: $11.50


EDIT: I'm actually long on BAC, I think it's one of the few banks that, although it got itself in some serious trouble, it can repay the U.S. government, and become a strong banking company, and in the long run is very viable. I didn't type it back in January, but I was long BAC at $5.55, sure it dropped down to half of that value (and I probably would have sold for a loss had I been in the market at the time), but since I don't always take my own advice, that was advice that I did send out in an e-mail to a good friend of mine.

EDIT 9:30EST: 1 minute, and it's down $0.25, should I have seen this coming? probably. but I'm still Long BAC.

Friday, April 17, 2009

Minutes Can Change Everything

Well watching the stock (AIG) from the open, it's done nothing but go down, I feel like right now is not the time for a big AIG push, I sold my stock at $1.68, that was a 9.09% increase over my $1.54 purchase a few days ago. Just wish I'd listened to my alarm clock and woken up an hour earlier, would have gotten a much better deal.

I'm on the hunt for another 10% gain, that's my strategy, finding stocks that I'm reasonably sure will increase in value by 10% within a very short time frame.

The Dead Can Rise

Or so I've heard.

This morning I'll be sticking with what I believe is a living stock. AIG.
So far we're sitting up 1.78% (3 cents), and I'm feeling like today is our day. Instead of going for the long shot of $2.10, I believe this is our new goal.

AIG
Current: $1.72
Intra-day Buy Point: $1.70-$1.72
Intra-day Sell Point: $2

Thursday, April 16, 2009

You Win Some

And apparently you lose some, a little bit of ground was lost, specifically around 3 - 5 cents, but thats not too bad, tomorrow is another day, and I'll return with another stock pick in about 7 hours.

Most likely, I'll continue to hold the AIG stock, I expect the good news from Citi will bring another nice sunny day on the stock market, and maybe all the stocks will be winners, heres to hoping we catch the biggest ones of them all.

Goodnight

AIG
Previous Close: $1.60
Close:$1.69
After Market hours: $1.69

edit: I'd just like to note that although the stock went down from the open, it was still up a solid 5.5% from the previous close, and that held through the night, lets not forget the little wins right?

It's GAME TIME!

I'm back in the game ladies and gents, after paying off some bills, and stuff it's time that I get back into trading.

It's 9:20am EST and here is my call for the day

AIG
Current: $1.74
Intra-day Buy Point: $1.73-$1.74
Intra-day Sell Point: $2.10

SAY YES TO THE AIG!

Friday, January 23, 2009

Update Stock Alert #2

For Tuesday:

Bank of America Symbol: BAC
Buy Alert: $5.55 (Reached)
Intra-Day Sell Point: $6.25 (Not Reached)
High After Alert: $5.55 (+0% from alert)
Close: $5.10 (-8.8% from alert)
Info:
So although on Tuesday, if you had sold to stop your losses, on Wednesday the Inta-Day Sell Point was reached, and beat by a significant amount. High for Wednesday was $6.70 (Up 20% from the buy point)

Wells Fargo Symbol: WFC
Buy Alert: $16.00 (Reached)
Intra-Day Sell Point: $17.00 (Not Reached)
High After Alert: $16.00 (+0% from alert)
Close:$14.07  (-13.7% from alert)
Info:
Like Bank of America, if you had held on to the stock through the end of tuesday to the middle of wednesday, you would have actually made a gain, although the IDSP still has yet to be reached since the Buy Alert on Tuesday and is now back down to $15.20. On Wednesday WFC's high was $16.75

Tuesday, January 20, 2009

Stock Alert #002

Bank of America (BAC)
Current: $5.67
Intra-day Buy Point: $5.55
Intra-day Sell Point: $6.25

Wells Fargo (WFC)
Current: $16.10
Intra-day Buy Point: $16.00
Intra-day Sell Point: $17.00

Friday, January 16, 2009

End of day report:

Bank of America (BAC)
Buy Alert: $7.08
Intra-day Sell Point: $8.00 (Not Reached)
High after alert: $7.49 (+5.07% from alert)
Close: $7.18 (+1.41% from alert)

Wells Fargo (WFC)
Buy Alert: $17.76
Intra-day Sell Point: $18.50 (Reached)
High after alert: $19.15 (+7.82% from alert)
Close: $18.69 (+5.23% from alert)

Stock Alert #001

Bank of America (BAC)
Current: $7.08
Intra-day Sell Point: $8.00

Wells Fargo (WFC)
Current: $17.76
Intra-day Sell Point: $18.50