A message from the 1045 report's founder: Happy Labor Day! Now get on out there and Grill and hopefully enjoy some sun! More picks to come on Tuesday....
Sunday, August 31, 2014
Friday, August 29, 2014
Stocks to watch
On early Tuesday we are going to see if we are going to jump into Shoe Carnival before it announces the next day on Wed. Monday of course, the US markets are closed due to the American Holiday 'Labor Day'. Usually I like to get into a stock on the three day drop at least two days before, as advance insider information starts to leak out about the results before the actual official results come out. But in this case due to the markets being closed on Mon, we are going to see if Shoe Carnival is still kind of up and hasn't sold off yet. If it is...
Wednesday, August 27, 2014
We are going to watch H+R Block, Shoe Carnival
A few things about HRB. First, technically wise, there is a divergence happening. Hold a ruler up to the RSI and then hold a ruler up to the stock price itself and you can see that they are both going separate ways. 8 times out of 10 the stockprice will straighten out and follow the RSI, and the RSI says drop.
HRB is a tricky beast, because they only time that this stock really makes money is right after tax season, as reported in June. This is the big quarter where they make all thier money, and people understand that the other 4 quarters tend...
Sold CBK today for 30% profit
Hello everyone.
I just did the 3 week pre earnings announcement climb with CBK and it popped today, so I have issued a sell order. I could have held on longer, but I figured 30% in my pocket was 30% in my pocket, so I took the money.
Next up today is FRAN. I took a look at the stock and the numbers do not look too good on the analysis's expectations page:
As you can see the last 3 out of 4 quarters there has been a slight negative suprise. And...
Saturday, August 23, 2014
How I Make My Picks
Late Thursday I picked CBK as a stock that I feel is going to rise before its earnings, and I expect the stock to go up above 10 dollars per share. When I made the pick, the stock was at 9.40 per share. Here is what was going through my mind as I was deciding on this stock.
1. First of all I needed to decide which way the market was going to be going for the next several days and for the next week. This determines if I do one of two things:
...
Thursday, August 21, 2014
I am online
Thanks for coming to my blog. I am pleased to announce that I am now operational and online, with just a few bugs I am still working on: However, the main thrust of this site is intact...and that is good quality Contrarian style stock picks.
This site took several months to complete along with programming the Sandbox, the other page that I actually put the details on of the option pick that is flashing here on the blog. So the stock name flashes here on the blog and then to get the details you go to the order section on the sandbox page underneath...
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