Tuesday, January 24, 2012

Apple reported earnings after the bell today, and as is their custom, blew away analyst expectations. At last check, at about 9:30 eastern time, Apple was trading up about $30.

I posted a video on youtube about when to sell a stock, giving the example of Google, which had a poor earnings report last week. As a result, it opened down about 9%, and has traded modestly lower since. Some people will want to buy that stock now. Bad idea. Look for winners, not losers. Apple is a winner. As long as it continues to produce earnings like this, you should stay in the stock, as it continues higher.

The bottom line is if you want to make money in the stock market, you need to get on board stocks that are rising in price, not falling in price. A trend in motion tends to stay in motion, so get on board an uptrend, and you will put the odds in your favor.

www.whentobuyandsellstocks.com

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