MightyMo's Blog : Latest entries

JoeJustJoe, aka the JOKER , as known to our readers continues his disappearance act while APPLE rocks the market today.
Last week, we recommended buying APPLE at the then prices. APPLE today of course popped up 31 points. As the JOKER and his insignificant inferior troll followers like to say, they do the opposite of the recommendations of MightyMO. If so, they got a major azz kicking today.
However, I don't feel sorry for them. I feel less sorry for the holders of APPLE who sold last week. No…

 
"I skate to where the puck is going to be, not where it has been " Wayne Gretzky
Apple (AAPL) , up today, has been in a down trend for some time now. Apple is a high beta stock, it's nature is to move widely, it drops more than the S&P during down periods and climbs higher than the S&P during up periods. Every year for the last few years Apple has had a period where it justs falls and falls fast...only to recover and move even higher than before.
I have been consisted in statin…

 
Big sixth week listing the best and hottest momentum stocks. Our momentum stocks didn't know it was a down week and their price was SUPPOSED to go down!  The Hot Momentum list contains Hot stocks that have shown at least, on average, 12 or more weeks of consistent gain. Effective this weekend and going forward, this list will be published on weekends reflecting true calendar week movements.
Why buy stocks that are high? Buy High, sell even higher. The answer is very obvio…

Sitting out during capitulation moments and trying times when the markets is acting as it is can be a challenge for investors. Taking a breather of this kind can help you maintain position flexibility. When markets are acting as they have the last few days, it might be good just to sit on your hands during capitulation moments. One needs to resist the temptation to join the herd and sell into the panic. However, one exception, never ever let a winner become a loser.
Part of your homework is doi…

This is the fifth week of listing stocks  that have shown at least, on average,  12 or more weeks of  consistent gain. The last five weeks this list has been published on Thursday. Effective this weekend and going forward, this list will be published on weekends reflecting true calendar week movements.
The list does not take into consideration fundamentals, technical analysis, sentiment or human behavior factors. The listing is based on factual price data (actual price …

Ego-attitude and she's It, the cat's meow, a fab-o-dab,..and she is so coffee... getting that latte and adding all that expensive stuff , doesn't matter, daddy's credit card will pay for it or hell,  maybe her Corporate dude, there's plenty of his salary to go around. Not her, she's too hot..just like that starbucks java chip frappuccino with a dash of mocha drizzle and added strawberry puree. Chase it with 5 shots of expresso topped with soy milk powder and some vanilla beans. Then add tha…

On April 5, we initiated a listed  number of hot momentum stocks. On April 4, the DOW closed at 13074 and today it closed at 13204. How have the stocks fared? Last week quite a few new members were added along with a number of delisting. This week there are less changes. We have added 5 new members and delisted six.
We want to list the crème de la crème and want to keep the list small and manageable. The momentum listing criteria is different as how others would consider…

Sometimes even I  get tired being right when it's all said and done. Apple crushes street targets. Anyhow onward to more important information.
As said, company hitting on all cylinders, not one earnings reporting item disappointed. The apple train continues it's journey folks!
However, where it's going is what counts....
Apple has plenty of product offerings on the table. Next on the list is the destruction of amazon's ipad. Apple coming up with an 7 or 8 inch pad. it'll cost …

 
On April 5, we listed a number of hot momentum stocks, since listing them we've had six down days and four up days. On April 4, the DOW closed at 13074 and today it closed at 12964. How have the stocks fared? Last week added were three new members to the list, no stock got delisted. This week quite a few new members were added along with a number of delisting. This week we have 19 stocks on the list.
This week, we have our first delistings. They likely are still good stocks and might co…

Interestingly nothing fundamental caused Apple's latest down turn. During the last three years it has been the NORM and not the EXCEPTION to see Apple's stock, at times, fall fast and quickly ...only then regain to greater highs.
Last year, 2011, APPLE had 6 DOWN months! In 2010 APPLE had 3 DOWN months. Yet, as one has seen, Apple highs keep getting higher and their lows keep getting higher.  Anybody buying during these period has likely turned a profit!
Apple has accelerated quite f…