Update

New year; new trades.

I know I have been on a long hiatus, but school work really took its toll last semester. I did continue to trade last semester, but didn't have the time to update the blog. I will post the past trades with their analysis later. On the bright side, we came out of 2009 with a profit, lets keep the ball moving in the right direction.

The financial world is still recovering from the 2008 debacle. There have been many gains, but unlike the pre-meltdown market, there have been significant dips. The dips are small corrections, or possible warnings that we are falsely propping ourselves up. Time will tell. I will continue to trade conservatively and keep our goals in mind--make profits and keep them. There is no point in making large trades and making significant profits then quickly losing them in the next trade. That about wraps up the backwards glance at last semester. Short. Sweet. To the point.

I have found a few stocks that are worth looking into.

Micron Technology--MU

Culp Inc--CFI

Teva Pharmacy--TEVA

All these stocks are performing very well. They all also have a few similarities between them.

1.) They are on an upswing.
2.) Above average volume.
3.) Possibly over-bought.

I will go into more detail as I continue to track these stocks. I will still screen for other potential buys, while maintaining my vigilance over these three.

No more looking back, only forwards.

WIWS