The Trading Tipster's Picks

Welcome Inside!

Come on in, take your coat off, grab a cup or glass of your favorite drink and get ready to start making some money trading the markets!

At the present time, this site sells nothing. That may change in the future, but we plan to always offer our free pick(s) of the week. We hope you make a bundle on our picks. And don't worry you don't have to split your profits with us. :) But a quick note to let us know how you are doing would be greatly appreciated.

This page last updated: 04/14/08

Here is this week's featured picks:

1. SBAC - Go Long when it closes above $31. Put your stop at $30.50.

2. PBY - This one looks to be reversing. Go long if it closes above $10, place your stop at $9.

3. GE - After an overdone drop after earnings this one will come back. Go long when it closes above $33. Stop at $32.

 

Past picks being tracked:

03/06/08 - Short DBA at $42.12. Price as of right now is $38.96. More weakness expected. Keep your stop loss at $40.12. With the FED helping the financial markets, the dollar should strengthen short term and cause DBA to go lower.

03/24/08 - Long C. Closed at $22.51 today. We moved up our stop and it got hit today. But that is just noise. Our original stop was at $17.89. And so we will rebuy at the open tomorrow at $22.51. C is strong and financials are turning around.

03/24/08 - Long CAL. Closed at $21.89 today. Let's move the stop to $19.39.

4/07/08 CFK - Short at $9.69. Stop at $10.39. Closed today at $9.60.

04/07/08 Long PRGO - We will get in only after this pick closes above $40. So far, nothin doin.

04/07/08 Long BIOS - We will get in only after this pick closes above $7. It opened above $7 yesterday, but closed well below.

 

Closed Trades:

03/10/08 - Short USO at $85.15. After a nice move down, USO rebounded sharply. Since we had moved our stop to our entry point we suffered no damage. No gain either. Trade over.

03/17/08 - Long RBI. We bought at $12.36. Got stopped out on 03/25/08 at $11.89. Result: Loss of 4%.

03/17/08 - Long CSCO. We bought at $25.82. Stopped out at $24.89 on 03/25/08. Result: Loss of 3.6%.