It's amazing to see how quickly the money piles up. Because we're so focused on the process and not the end result. Doesn't the account statement sort of catch you by surprise when it rolls in each month?
This week, I'm going to put Chaikin Analytics to work on a completely different trading strategy: the pursuit of short tern speculative gains through a marketing moving earnings announcement. This is fast money. But, I'm taking advantage of the fact that we have one of the all time great institutional analysts advising us, Marc Chaikin! Every week, he gives subscribers his Bullish / Bearish pick of the week. I don't blog about these often, because Marc's picks are for paying subscribers. I get a lot of feedback from subcribers that gains from these types of trades are used to pay for the cost of Chaikin Analytics.
These are carefully researched stock picks poised to make a big move. His years of experience looking under the hood for large institutions and the predictive Mojo of the Power Gauge combine to give us the potential to generate deep pocket money. Anything can happen with one trade, but over time, The Bullish/Bearish Stock of the Week strategy has paid off handsomely. We'll try it here in real time with my real money. Earnings are Wednesday after bell. We'll get into the trade just before the close. Stay tuned.
This type of trading is SPECULATIVE and for me it accounts for a small fraction of the money I have at risk in the markets. We'll be very focused on what we could lose on NTAP's earnings move.