While we wait for the markets to show it’s hand, there are a few trade setups that I am monitoring to see if they unfold. While the best case scenario is to trade in the direction of the market, I think these trades will still offer good risk reward.
Trade Ideas:
GOOG (Public, NASDAQ:GOOG) [...]
Last week we talked about how we purchased Bank of America (Public, NYSE:BAC) shares under $5. We got in on Thursday Feb. 5th at $4.30. We exited our position yesterday when the stock got to $7. That is a 60% gain in 2 days!! Even if you got in at $5 [...]
Today Bank of America has fallen below $5. Investors believe that Bank of America will eventually have to be nationalized (Government takes over the company) to stop it from going bankrupt. Next week the Treasury will announce their plans on how they will move forward with big institutions that are “To Big to [...]