Entries tagged with “individual stocks” from Trade Stock Links

My intended content for this blog is 2-fold.

First, I will use this blog to provide my personal views on the US stock market, individual stocks and other related financial topics. I will never recommend that anyone buy or sell a specific stock or provide any other financial advice. However, I will provide my personal view on where specific stocks are headed based on my limited knowledge of the markets. I will include charts and data when applicable.

Second, this blog is an open forum. Feel free to share valuable stock market links or your personal views on current market or stock specific events. Links are filtered to include only high quality relevant information and data. Here is the current chart of the proxy for the S&P 500 index, ticker symbol SPY.

Chart Courtesy AiStockCharts.com

I believe the Dow and Nasdaq are not as relevant as a reflection of the overall US stock market as the S&P 500. Most fundamental and technical measures I follow show that the S&P 500 is way under valued right now. So I'm putting my cash reserve to work and buying stocks now. I'm a buyer of Titanium Metals, ticker symbol TIE under $32 / share. Granted it's a risky play given others in their industry have reported earnings only to have their stock price tank. The ace in the hole is the recent insider buys made by the wife of Harold Simmons, the Chairman of the Board. Earnings are due any day now (unpublished for some strange reason, but not out of the norm for that company).

Chart Courtesy AiStockCharts.com

I have traded stocks for 21 years with my share of wins and losses. I was nearly wiped out in the crash of 1987 with my holding in LEV Scientific Industries, a manufacturer of home cancer test kits. However, my biggest loss was in Excite @Home during the recent 2000 bubble burst.

Lessons learned included diversification and equity preservation among many others I plan to share in this blog. I never forget my mistakes and have done well over the years. Feel free to share you stories and lessons learned.

Happy trading everyone!