We have only been in this position for two weeks, but after hitting our price target of $63 this morning (and with an annualized gain of more than 200% on the books) we are closing out this position. Read More
Jim Pearce is the Chief Investment Strategist of Personal Finance, our flagship publication, and manages two trading services, PF Pro and Mayhem Trader. He began his career as a stockbroker in 1983 and over the years has managed client investment portfolios for major banks, brokerage firms, and investment advisors. Jim earned a BA from The College of William & Mary and the CFP designation from the College of Financial Planning.
Analyst Articles
I am raising the stop price to $60 to ensure that we keep most of this very fast gain. Read More
Here are three things you can do to make sure you end up keeping most of your gains when the next stock market correction comes around. Read More
Given the very low expectation set by virtually every retailer that gave forward guidance for holiday sales, anything better than a washout should push the entire retail sector higher over the next month. Read More
I believe TGT will bump higher after reporting better than expected holiday sales results beginning with next week’s “Black Friday” event. Read More
With an annualized gain well in excess of 200% already baked into this trade, I’m closing it out before next week’s “Black Friday” shopping extravaganza. Read More
Here are three retail stocks that are worth buying now while they are beaten down on the false notion that one day Amazon will put them out of business. Read More
Fear that a provision of the Trump tax plan would cut into Athene’s profitability has already been fully priced into the stock, and can quickly reverse if no tax bill is passed at all or is passed but with the specific provision affecting Athene removed from the final version of the bill. Read More
If it hits is fourth-quarter guidance then it should bounce back up to the $32 – 34 range, which represents at 10 – 15% increase over its current share price. Read More
This sort of pricing disparity is not unusual when the global economy is passing through an inflection point that has not yet been recognized by the market. As an investor, you can make a lot of money in a short period of time if you know how to take advantage of these rare opportunities. Read More