Today's sell off has opened up some excellent opportunities. But what exactly are these so called "opportunities"?
Think about what happened today. The World Bank cut the 2009 forecast for the global economy and a huge sell off took place. What does this tell you? Probably many things. But one thing it does tell you is that this market is all about future earnings.
The way to play this market is to be in stocks where earnings are growing and are being unfairly pulled down with the rest of the market.
Where you don't want to be is in stocks where earnings will be falling in the future. That's about 90% of stocks out there.
Anyone who subscribes to GuerillaStockTrading.com will receive the ticker symbol of a Chinese company who just announced their earnings increased by over 40% last quarter! Being a foreign stock, this stock got pulled down today, BIG TIME, by the World Bank forecast. It is at an excellent entry point for new investors, or an accumulation point for current investors (click here to subscribe now and get the ticker symbol of this AWESOME Chinese company).
What's another good company to be in right now where earnings are growing? Take a look at Apple Inc. (AAPL) who just released their latest IPhone that has sold over a million units in the first 3 days!
If tech isn't your thing, take a look at Bob Evans Farms Inc. who recently announced that its profit in the 4th quarter rose 31 percent to $21.1. million, or 69 cents per share, due to lower costs.
Whatever your flavor, just make sure that earnings are increasing and you will be greatly rewarded on dips like today.
I hope you enjoyed this article. Leave any comments you might have below. Thank you and happy improved trading.
Lance Jepsen
President, GuerillaStockTrading.com
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(because everyone, even Tiger Woods, needs a coach)
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| NASDAQ | 2847.21 | |||||||
| S&P 500 | 1315.99 | |||||||
| ^RUT | 764.64 | |||||||
| TVIX | 8.72 | |||||||
| FCEL | 1.02 | |||||||
Stocks Above I Currently Hold In My Own Trading Account: TVIX, FCEL
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Guerilla Trader Quote
“All Warfare is about Deception. Hence, when able to attack, we must seem unable; when using our forces; we must seem inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near.... If your opponent is choleric temper, seek to IRRITATE him. Pretend to be Weak, That he may grow ARROGANT.”
by Sun Tzu
“All Warfare is about Deception. Hence, when able to attack, we must seem unable; when using our forces; we must seem inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near.... If your opponent is choleric temper, seek to IRRITATE him. Pretend to be Weak, That he may grow ARROGANT.”
by Sun Tzu
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