I am raising the stop price for Ferrari NV (RACE) to $88.50 to lock in most of the gain we have realized since it was added to the portfolio two weeks ago. Read More

There hasn’t been any news specific to Argan to explain its descent over the past month, so persistently soft oil prices is the most likely culprit. Read More

We only have a small loss in BOFI - down less than 8% from where we bought it - but the next support level is another 15% below the current price and that is a risk I cannot take. Read More

Our original two-month holding period for Ford expires today, which I am extending for one month. Read More

I still like CVS from a long-term perspective, but this is a trading service so I cannot justify hanging on to it when it may be several months before it gets going. Read More

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

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

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

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