Sometimes big winners aren’t that big of winners but they make big gains in a short amount of time from perfect charts that I still consider them easy money. The problem with this one is when I made my first sell, I had NO CLUE it was sadly the top. So I only got a little off at the top but this is just another example of another bullish stock 2 years AFTER the bull market started. Those of you still thinking “I missed this move” after every bear market rally are annoying and history helps you learn the right way if you just take the time to learn it.
GEOI made a nice 64% return in only 14 days. Where are all these beautiful charts at now?
the buy:
the first sell (and sadly the top):
Stocks Close Higher ahead of the Fed
Anticipation of the Fed tomorrow is tremendous as traders position themselves ahead of tomorrow’s policy announcement. On the economic front today weaker than expected housing data failed to halt the rally in homebuilding stocks today. Homebuilding ETFs regained their 50 day moving average a show of strength. Buyers were out support stocks yet volume lagged [...]