We've all heard about the investor how bragged about his 100% or 1000% return on a stock or about the guy who made it rich by investing in small caps, undiscovered stocks that made it big. In theory, it seems to be too easy. Invest in a couple of penny stocks, then sell them when they move up. Unfortunately, it is too easy. Too easy to lose money unless you know what to look for. (more on trading penny stocks)
Long Term: Short Term:
As indicated by the Long Term Arrow, we are currently in a bear market. In the short term, we advocate taking long positions at this point. That said, we are very close to being overbought and primed for a pullback. If you are long, tighten your stops. Do not open up new long positions, nor open up any short positions as the market is in transition.
CardioNet Inc (BEAT)
Gold (GLD)
Waiting for market to break below support (SPY @ $87)
Maybe the more important question is, how can you get the stock market to work for you?
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State Street ETF's - An Overview
