MARKET ANALYSIS: The Nasdaq, DJIA, and SP500 are barely trading above their 50 day moving averages and well below there 200 day moving averages.
SECTOR ANALYSIS: Sector leadership remains lacking. The "school" stocks: STRA, APOL, LOPE, ESI, COCO, and CECO tried to make a case for leadership yesterday. That remains to be seen.
STOCK ANALYSIS: The safest position is, therefore, to remain on the sidelines, in cash while you patiently build your watch list of strong stocks for the next market rally. I am watching APOL, TBV, LOPE, LZR, DL.
POSITION: CSKI (makes up less than 20% of portfolio)
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2009
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January
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- Collective2.com
- Monday January 26, 2009
- Friday January 23, 2008
- Thursday January 22, 2009
- Wednesday January 21, 2009
- Tuesday January 20, 2009
- 2008 Trading Journal Review
- Friday January 16, 2008
- Thursday January 15, 2009
- Wednesday January 14, 2009
- CSKI January 12, 2009
- 2008 Final Results
- Market Summary January 10, 2009
- January 9, 2009
- January 7, 2008
- DISCLAIMER EVERYONE MUST READ. IF YOU DO NOT AGREE...
- Account 1 Returns over 90.5% in 2008.
- Account Values
- January 3, 2009
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About Me
- Dr Stock
- MISSION STATEMENT: I am starting this blog to help investors learn from the mistakes that I have made over the past 10 plus years while trading the markets. My 2008 returns were 100.8% and my three year returns were 67.6%, respectively. I mainly read charts and use IBD/CANSLIM principles; but, I also incorporate many methodologies that I have discovered while reading virtually every trading book ever published! If you find this blog helpful please become a "follower," as it will help me gauge interest. DISCLAIMER: All communications are for educational purposes only. Nothing in this blog should be interpreted as a recommendation to buy, sell or hold a security. All visitors must do their own research before making an investment decision. Past performance is not indicative of future results. The opinions expressed within this blog are solely the opinion of the writer and NOT of any other public or private company, entity, financial instituion or any individual(s) implied or not implied. Any information published is subject to change without notice.
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