Monthly Archives: October 2016

If you bought a stock for a trade (technical reasons) and it goes against you and you find yourself doing any of the things below, then you've been had.Visiting Yahoo Finance searching for news on the stock.Typing the $SYMBOL on the StockTwits or Twitter search bar.Reading the latest 10Q, 8k, etc.Checking seeking alpha.Adjusting the trendlines that were already drawn.Figuring out your cost basis if you buy additional shares.Zooming out to the weekly and monthly chart.Daydreaming about that one stock that you held after it when through your stop and made you whole a few weeks later, could it be Deja [...]

We all have a habit of putting all these "legendary investors" on a pedestal without actually knowing the details of how they do things. George Soros is one trader who people view as a God in the business, someone to look up to and try to emulate. His fund generated 30% annual returns, he is also known for making $1-billion dollars on a single trade, a trade in which they were risking $10-billion. These things sound awesome, what we don't know is the details, one which is that some of Soros trades almost bankrupted the fund, and how by October [...]

The SP500 continues to run in place, underneath the surface, we still have a decent amount of good set-ups.  Most of these set-up could use a boost from the market to get them going.LABU, WB, BIIB, VMW, GOOGL, MSFT, LC, CONN, KPTI, TRUP, HMSY, SYNC, DTLK, are the stock on my list that I have an interest in owning only and only if they go through yesterday's high plus .10-cents.My opinion and outlook are subject to change as new information comes in.Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to [...]

What exactly is a great company?When does a great company stop being a great company?Can you tell beforehand when a great company will cease to be one?Will you have the conviction to hold on to a "great company" through significant drawdowns?For some, a good company is one which its stock goes up while you own it, and a horrible company when it goes down. Great companies come and go; each cycle has its fair share of Wall Street darlings that widowed a lot of portfolios years after. In the late 90's when I started in the business, we had Dell [...]