Investor's Opinion
Portfolio Update
Published: 2010-03-11 21:11:00 EST by Unknown
EVEP had a bullish day on less than average volume. The price movement was solid and advanced slightly higher than expected but not by much. The Stochastic is still holding steady at it's overbought price and the MACD indicator is continuing to extend higher. I am still sceptical that it will advance any extraordinary amount above it's current price. A pull back is due.
SLV had a bullish day on less than average volume. The price movement was solid but only advanced slightly higher than the previous day's close. As a result both the Stochastic and MACD indicators are still pointing down and are below their signal lines. I believe further pulling back is probable although it may just oscillate below the $17.50 range for a little while.
My paper trades saw some potential profit today. ISPH went up today for the third day in a row since the release of their earnings. As a result the shares I "own" are now making profit, but the option I "sold" against it will eat into that if I have to "buy" it back in order to save my shares. I will not be "buying" it back because if it does get "exercised" it will only be closing a profitable transaction since the strike price of the option I "sold" is above the price I "bought" the stock. S had a bullish day but not strong enough to increase the value of the option I "own". My AUO and GLW options had bearish days, and are looking like potential flops. I will "sell" them if they do not turn around, or at least stop going down. MY GME option had a bullish day but the LEAP option was stagnant in it's price movement, holding on to it's current gains. The market's are holding strong, but are very overbought and due for a pull back. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
Labels: MACD, option picks, option strategies, paper trade, prognostication, Stochastic, stock picks, stock strategies, updateUpdated: 2010-03-11 21:45:31 EST
Current Related Posts
2015-08-15 17:09:00 EDT — July and August Quietness (stock picks, stock strategies, trade terminology in use, trading strategy)
2015-07-01 12:52:00 EDT — June Purchase (stock picks, stock strategies, trading terminology in use)
2015-05-24 15:08:00 EDT — My May Purchases (stock picks, stock strategies)
2015-03-11 18:24:00 EDT — Why am I still buying ETP? (dividend, dividend income strategy, income)
2015-03-01 00:19:00 EST — I added to ETP, and the price dropped; am I missing something? (dividend, dividend yield, dividends)
2015-01-31 15:22:00 EST — First Portfolio Update of 2015 (dividend, dividends)
2014-09-04 12:49:00 EDT — Portfolio Update: Added to a position
2014-07-26 11:52:00 EDT — Portfolio Update: Back in the Game (dividends)
2013-10-25 00:18:00 EDT — Portfolio Update: Change of Situation Resulting in a Change of Plans
2013-08-13 01:08:00 EDT — Portfolio Update: Added to an Existing Position (52-week high, stock picks, stock strategies, trade terminology in use)