1/18 - This stock took a huge hit, down over 11% today on news that it placed a bid for GSK Consumer Health Business. This looks like another over sold situation. I purchased this at $48.22 and placed a Sell Limit of $53.04. This is also a good dividend paying stock with over $2 in Dividends yearly, which puts its yield at over 4%. This stock owns many household staples brands and should be in a good position to overcome this dip.
1/24 - UL Hit its sell point of $53.04 this morning.
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Long Term TradesLong Term Trades are trades that are made in a Traditional IRA which are meant for long term growth. I use a different approach which gears to almost only dividend paying stocks and hold assets until they double, in which time I take half back into the cash account so the remaining balance is house money. As with short term, make sure that your IRA is in an account without fees. I recommend the Chase Account as they will also give you an opening bonus. Short Term TradesShort Term Trades are what the majority of my regular trading consists of. Short Term Trades I generally expect a 10% uptick in the stock price in the next 6 moths or less. It is important that you use a brokerage account without fees, to maximize your profits. I personally use Chase as they have no fees and it is easy to use and navigate. They also offer a bonus to sign up with them.
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