Posts Tagged ‘CGA’
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Slow and Steady
Joe Fahmy, February 23rd, 2010 at 1:32 am, Comments: 0The NASDAQ Composite bounced off 2100 on February 5th and ran approximately 150 points in nine trading days. After these types of gains, it is normal to expect some form of consolidation. When the indexes barely pullback on light volume, as they did on Monday, I view this action as constructive and healthy. Over the past [...]
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Recommending Caution and Patience
Joe Fahmy, January 20th, 2010 at 7:18 pm, Comments: 0My apologies for not writing in a while. As I mentioned in my last post, I have been focusing my attention on my growing money management business. We recently partnered with a well established RIA (Registered Investment Advisor). If anyone is interested in any of our managed account products, please email me directly at jfahmy@zenithasset.com. [...]
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Watch the Big Caps
Joe Fahmy, December 9th, 2009 at 5:05 pm, Comments: 0The Big Cap growth stocks continue to act well. Even if you do not trade these stocks, observing their price action can give you decent clues about the market’s overall health since this is where the large institutional growth managers traffic. As I have mentioned in the past, many large funds are significantly under-performing the [...]
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Market Flashing Warning Signs
Joe Fahmy, December 8th, 2009 at 4:39 pm, Comments: 01) The market is flashing warning signs. Specifically, I am noticing a lack of quality stocks breaking out of sound technical bases and the number of distribution (professional selling) days is adding up. 2) So what do I recommend? Keep trading positions light, raise some cash, and wait for healthier conditions. 3) I have to point out [...]
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Trading China Momentum Stocks
Joe Fahmy, December 2nd, 2009 at 9:40 pm, Comments: 0As I mentioned in my Introduction Blog (click here to read), the first thing you have to do is define yourself: Are you a trader? Or an investor? I am a trader. That being said, there have been some incredible trading opportunities in many of the "thinner" China momentum names recently. Some of these include: [...]
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Market Notes (10/25/09)
Joe Fahmy, October 25th, 2009 at 3:54 pm, Comments: 0The market is giving mixed signals right now. The Big Cap growth stocks are breaking out on strong volume, however, the NASDAQ Composite has recently experienced several days of distribution (professional selling). I still feel the market is healthy overall, but as I mentioned last week, it is worth being somewhat cautious in case we [...]
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Based in Boston, MA, Joseph Fahmy is the Chief Investment Strategist of Zenith Asset Management, LLC. Joe has over 14 years of trading experience during which he developed his investment strategy... ... More » -
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