A blog about trading, finances, success and life itself
Gold looks to be reversing, the confirmation is a move below $1075.00. A drop below that number could take it towards $1,020.00 and then $1,000.00.
How did I determine that? A new high, a failed high and now a challenge to the minor low (see chart for visual). It’s essentially a Dow Theory reversal setup.
Learning about Stocks (Fundamental and Technical Principles):
System Development and Market Psychology:
Great All-around Reads:
Others:
chrisperruna twitter stock selections 2009:
Visa (V) turned out to be the stock I tweeted about the most starting on March 31, 2009 (my first day of twitter) at $55.60. I mentioned that “the pivot point is $61.50…then look for $60-$100 move” on April 26 2009. Well, the stock closed the year just shy of $90 and is well on it’s way to a $60-$100 run for a near 60% gain. Disclosure: I personally owned more shares of Visa in 2009 than any other stock listed below (my position is currently 100% closed).
The top gaining stock of the year was MELI, featured on May 12, 2009 at $25.60; it closed the year at $51.87 for a 103% gain.
Here is a re-cap of all the stocks that I featured on twitter in 2009:
Total Stock Selections : 63
Total Winners : 50
Win % : 79%
Total Losers : 13
Loss % : 21%
Total Average Gain : 24%
Average Gains (winners) : 36%
Average Loss (losers) : (15%)
**Keep in mind, these stats are based on pure buy and hold (no trading rules calculated in)**
A full spreadsheet of my picks can be found below.
Born and raised in New York but now living in New Jersey with a beautiful & loving wife, fantastic son and great dog. This site is about the stock market, success and life … [Read More...]
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