Posts Tagged ‘GMCR’

• Video Review 2-25-10
  Joe Fahmy, February 25th, 2010 at 10:23 pm, Comments: 0

  Going forward, I plan to implement videos into my blog. My purpose is to better explain some of my market thoughts and to review the stocks on my watch list. This is my first attempt at doing this so please bear with me. I recommend watching the video in the highest setting (720p) so the charts are clearer. [...]

• Slow and Steady
  Joe Fahmy, February 23rd, 2010 at 1:32 am, Comments: 0

  The 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 [...]

• Market Resilience
  Joe Fahmy, February 22nd, 2010 at 12:10 am, Comments: 0

  When the futures were down -1% last Thursday night, I mentioned that the market would "shake off" the Fed's discount rate increase. My reasoning was based on the strong price action of leading stocks and the number of stocks looking to complete the right side of their bases over the next 2-4 weeks. In other [...]

• What to look for on Friday…
  Joe Fahmy, February 19th, 2010 at 1:25 am, Comments: 0

  I believe in the phrase "stick to what you know." I am a stock trader and not an economist, so I try not to comment much about the Fed's actions. I prefer to "turn off the noise" and focus on the price action of leading stocks. Over the past few days, I mentioned to remain [...]

• Stocks to Watch
  Joe Fahmy, February 17th, 2010 at 9:54 pm, Comments: 0

  As I continue to wait patiently for the market to prove itself, here are some observations: 1) The light positions that I took over the past week have worked out well so far: $NETL $CAGC $ISRG $GMCR $NFLX. 2) I took some profits on $NETL into strength on Tuesday and it pulled back on light volume Wednesday. It's always [...]

• Positive Signs But Be Patient
  Joe Fahmy, February 17th, 2010 at 2:07 am, Comments: 0

  I find it constructive that many stocks recently mentioned in this blog have performed well over the past few days. Examples include: $NETL $DNDN $ISRG $CAGC $GMCR $NFLX $BEXP. Assuming that you lightened up in mid-January and raised some cash, I still don't believe you should jump back into this market with both feet. After [...]

• Weekend Commentary and Watch List
  Joe Fahmy, February 13th, 2010 at 11:58 pm, Comments: 0

  As I wrote last week, this recent market pullback has the feel of an 8-12% intermediate-term correction rather than an overall top. I gave my reasoning in Thursday's blog post (click to read). While going over my weekend screens, I noticed that many stocks are putting in tight patterns on their Weekly charts and could be building [...]

• Updated Market Thoughts
  Joe Fahmy, February 11th, 2010 at 2:32 pm, Comments: 0

  This recent market pullback has the feel of an 8-12% intermediate-term correction rather than an overall top. I am basing this on a several observations: 1) For the most part, stocks are holding up well. 2) After major Bear Market declines of 50% or more, the average new Bull Market lasts for 18-24 months with [...]

• Stocks Holding Up Well
  Joe Fahmy, February 2nd, 2010 at 1:26 pm, Comments: 0

  I constantly use the phrase: "Don't get too bullish or too bearish." It doesn’t make sense to always be Bullish or Bearish because the market is not always in an uptrend or a downtrend. I prefer to look objectively at both the positive and negative signs, and invest accordingly. Although I feel there may be [...]

• Recommending Caution and Patience
  Joe Fahmy, January 20th, 2010 at 7:18 pm, Comments: 0

  My 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. [...]