I don’t see much more upside potential even if the quarterly numbers are good, but I would expect a quick 3 – 5% drop if Costco delivers anything less than that. 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 rarely extend a trade, but in this case I feel the opportunity for a 3 - 5% bounce back over the next thirty days is worth the extra time. Read More
We don’t plan to be in this position more than three months, but then again you don’t need to be in a Ferrari very long to cover a lot of ground. Read More
The VIX is an accurate indicator of fear but does not reliably predict market direction. Read More
The VIX is an accurate indicator of fear but does not reliably predict market direction. Read More
Kohl’s seems to be making all the right moves to position itself for future growth, but right now the stock market is less interested in profitability than it is in sales volume so this trade didn’t work out for us. Read More
The stock market has been hitting record highs in anticipation of lower tax rates. Read More
I expect to see the dividend payment increased in July when the company reports its next set of quarterly numbers, in which case that should be all it takes to push the stock above our target price. Read More
Here’s the latest on Qualcomm's legal imbroglio with Apple and what it means for investors. Read More
This is a risky trade, but beneath the haze of as yet unsubstantiated allegations is a very solid bank that is grossly undervalued based on its financial performance. Read More