By Don Fanstone, Member, Kitchener/Waterloo User Group
VectorVest advises buying undervalued High VST stocks in a rising market.
VectorVest will help you make money if you follow VectorVest timing advice.
USA: Col. Grd Neutral, MTI .91 Up/Dn, C/Dn, VV: Buy with caution.
CAN: Col. Grd Neutral: MTI .80 Up/Dn, C/Dn VV: Buy with caution.
With the resolution of the Greek bailout, the MTI has moved up in both markets and is ahead of the 8 DMA. The primary wave in now up. All positive.
In reviewing the VectorVest portfolios, I bow to the success shown in Jake’s Patent Winners. This portfolio, started on November 1st, 2013, has experienced one very minor loss, and sports a gain of 117% to date, not counting dividends received. One does not need to reinvent the wheel, but go with a winner when picking good safe stocks and cutting losses by exiting when VST < 1.2. Whether you are seeking dividends with Capital Gains, or leveraging Capital by buying Call Options, this search is a proven winner.
Follow the search created by subscriber Jake Pattinson and you too can be a winner.
Sells for the Week of July 6th:
Can. Nat RR. (CNR): Earnings report on July 20, took the profit in hand.
Depomed (DEPO): Takeover offer, took the profit, did not wait for a higher offer.
Avigilon (AVO): At expiry, a loss
Brkfield Asst (BAM.A): At expiry, a loss.
Buys for the Week of July 6th:
Thompson Reuters (TRI) 10 Jan. 44 Calls @ $6.30
Starbucks (SBUX) 8 Jan. 50’s @ $7.00
Stocks to Follow/Buy (Jakes Patent Winners) Not all are optionable
USA: GILD, BRLI, CNC, NTES, ALK, SWKS, EW, SBUX, CVS, HELE
CA. BOS, VRX, ATD.B, DOL, MRU, CCL.B, PBH, GIL, RBA, CTC.A, EMP.A, GWO, L, GIB.A, TIH, TRI, LNR, ATU, EMA
With the market moving up, Bull Credit Spreads are timely.
DISCLAIMER: Options trading involves risk and is not suitable for everyone. The information contained in this Blog is for education and information purposes only. Example trades should not be considered as recommendations. Options training is strongly recommended before placing any trades. VectorVest offers a basic options course online and occasional intermediate options workshops in Canada each year.