Archive for July, 2008
Thursday, July 31st, 2008
Just purchased into Mastercard (MA) today at $248.51 a share. Mastercard posted a loss due to the American Express (AXP) lawsuit, which sent shares tumbling today. This is just a chink in the armor and I viewed this as an 8% discount to buy into the company. This pullback is ...
Posted in Personal Portfolio Plays | No Comments »
Thursday, July 31st, 2008
With the recent steep decline in oil and natural gas prices, I've decided to add to my positions in Devon Energy (DVN) and XTO Energy (XTO). Devon and XTO, along with all energy companies, have been taking a beating in the market in the month of July due to this ...
Posted in Personal Portfolio Plays | No Comments »
Wednesday, July 30th, 2008
I sold my complete position of Burlington Northern Santa Fe (BNI) about 4 minutes before the close, near the peak of today's rally. Burlington was up nearly 10% since Monday's close and consequently I pocketed about 14%, making the sale at $105.30. I purchased Burlington in March at $92.21 and ...
Posted in Personal Portfolio Plays | No Comments »
Monday, July 28th, 2008
My uncle showed me this, but apparently there is some credit union that is offering a 7.01% APY on their checking account, but only up to $25,000. Just wanted to share because 7.01% is ridiculous....
www.mwafcu.org
-Justin Moon, Senior writer for marketchasers.com
Posted in Interesting Finds | No Comments »
Monday, July 28th, 2008
A beautiful day in the red for the two stocks I have been watching closely to buy into, Apple (AAPL) and Goldman Sachs (GS). An absolutely ugly day in financials acted as the catalyst for the widespread downward movement. My target to buy into Apple is around $130-$135 and my ...
Posted in Ramblings | No Comments »
Friday, July 25th, 2008
Picked up shares of American Express (AXP) at $36.37 this afternoon right before the closing bell. I had a limit order set at $36, but I figured this is close enough. I plan on moving this once it hits the $41-$43 range.Thanks for reading.
-Justin Moon, Senior writer for marketchasers.com
Posted in Personal Portfolio Plays | No Comments »
Thursday, July 24th, 2008
Article Notes
-Best investment bank
-One of the few financial institutions in this environment making a worthwhile profit
-Competitors are going down
Before I begin getting into the meat of this article, all I can say is that Goldman Sachs(GS) is one the best financial companies in the world. Better yet, this is hands ...
Posted in 5 Part Diversification Series, Long Term Plays | No Comments »
Monday, July 21st, 2008
I bought into Halliburton(HAL) Thursday afternoon at $47.02 a share. Halliburton is currently trading at $48.38 at the time of this post.
-Justin Moon, Senior writer for Marketchasers.com
Posted in Ramblings | No Comments »
Friday, July 18th, 2008
Schlumberger(SLB) just released earnings before the bell this morning and beat consensus earnings estimates by 4 cent. I know we don't have very many viewers yet but if you recall my article over Halliburton(HAL) last week, I estimated the company to beat earnings estimated by 3-4 cents which equates to ...
Posted in Ramblings | 1 Comment »
Thursday, July 17th, 2008
Major indexes posted another 200+ point session, making it two days in a row now. The bulk of this movement is due to some eased tension with the release of earnings reports. I said this when the site was first launched and the ONLY financial company I like right now ...
Posted in Ramblings | 2 Comments »