Concur Technologies (CNQR) has been a bright spot during the market’s recent correction. It’s a member of the Computer Software-Enterprise group and has superior marks in Investor Business Daily’s Smart Select Ratings. CNQR is one of the growth stocks on my watch list that I’m really, really excited about!!!
Added to my position in OSI Pharmaceuticals for the following reasons:
After pulling back on very low trading volume the past 2 weeks, OSIP crossed a $53.56 buy point on big volume this morning (+100% above average daily volume).
I wanted to add to my position because OSIP was still close to the old buy point of [...]
Had to sell entire position in MPWR for the following reasons:
MPWR gapped down -7% this morning on huge volume.
Pushed me into a -9% loss and I had to stick to -8% sell rule.
Up until this week, CSX’s cup-with-handle base was forming quite nicely. But after this week’s heavy volume selling, the handle has now become flawed. Be cautious about buying CSX now.
Monolithic Power Systems has emerged as a strong buy candidate during the market’s recent rally.
Added to position in MPWR:
I had originally bought my first position at about +2.5% above the $27.60 buy point. Ifigured that since it dropped below that, I would bring down my average ’safely’. What you’re supposed to do is buy at that buy point and buy more if it goes above your initial purchase price. [...]
Concur Technologies (CNQR) has been a bright spot during the market’s recent correction. It’s a member of the Computer Software-Enterprise group and has superior marks in Investor Business Daily’s Smart Select Ratings. CNQR is one of the growth stocks on my watch list that I’m really, really excited about!!!
If you’ve been following the market’s behavior over the last month, you already know that July’s rally stalled and is now a correction. I wanted to give a quick update on the stocks I analyzed recently:
If you’ve ever suffered a losing streak when buying stocks, you may have felt like stocks were just out of your control. After all, it’s not your fault that oil is going through the roof and the mortgage mess is spreading like wildfire. Often times the market is out of your control. However, you are [...]
At some point all of us have heard that it takes discipline to become a successful investor. Disciplined investing usually refers to how well an investor follows the rules of his trading strategy. Most of the time, however, this discipline only comes after making big mistakes and taking big losses.
Concur Technologies (CNQR) has been a bright spot during the market’s recent correction. It’s a member of the Computer Software-Enterprise group and has superior marks in Investor Business Daily’s Smart Select Ratings. CNQR is one of the growth stocks on my watch list that I’m really, really excited about!!!
If you’ve been following the market’s behavior over the last month, you already know that July’s rally stalled and is now a correction. I wanted to give a quick update on the stocks I analyzed recently:
Sold all of my OSIP for the following reasons:
Lost -8%. I have a -8% loss rule. I had to stick to it.
Added to my position in OSI Pharmaceuticals for the following reasons:
After pulling back on very low trading volume the past 2 weeks, OSIP crossed a $53.56 buy point on big volume this morning (+100% above average daily volume).
I wanted to add to my position because OSIP was still close to the old buy point of [...]
