I have found that since I started using several TA factors before buying and selling stocks that I have improved my portfolio's performance dramatically. As well as cutting down on those gut wrenching drops in price right after I buy a stock, it also gives me a signal as to when to sell a stock or covered calls on a stock. To all who want to play, here are a few predictions on future short term ups and downs of stocks that I follow and own:
Stocks likely to go up in the next week or two, with today's closing price:
TSIG 0.40 XON 69 3/4
Likely to go down:
MRL 8 DO 25 1/16 SOC 6 7/8 VNTV 11 5/8
BTW, I have already sold covered calls on MRL, DO, SOC and VNTV
Let's see how I do and if you like what you see, send me your picks and I'll give you my best guess.
P.S. I own several other stocks, but these are my "most likely to succeed" right now. |