I understand, my views are not outside the mainstream, but long-term investors should buy Apple shar...
2 Longs in a Whipsaw Market
10/11/2013 8:00 am EST
Ryan Mallory of SharePlanner.com identifies some long setups stocks that he’s currently trading.
It’s a difficult market for trading when you are relying on a bunch of incompetent politicians to play nice...or better yet be consistent. One poll comes out tells them they are losing ground with the public and they want to talk. Another says they are winning; they don't want to negotiate.
So I'm only doing a couple of trades both to the long side that I find rather favorable on the risk/reward front.
Here are the trade setups:
Long: American Capital (ACAS):
Long: Genworth Financial (GNW):
By Ryan Mallory, Founder, SharePlanner.com
Related Articles on STOCKS
Next week has a couple significant concerns: one of course is the FOMC meeting, generally discounted...
On Monday, after a reshuffling of $2.8 trillion of market cap across three sectors, brand-new sector...
Markets for the most part have held up. There are a couple of weak areas. The NQ has lagged both the...