“I am a long-term investor. How do I handle the market volatility?” This is the question I am asked most often these days. I will illustrate with three stocks from one of The Arora Report portfolios, including where to buy them, how to buy them and where to take profits.
This portfolio has over 50 positions. Out of these positions, the top 10 are the core of the portfolio, are meant to be held for three plus years, and partial profits are taken on up spikes and additional quantities are bought on down spikes. This way we are always taking some profits when the market is high and always buying when the market is low.… Please click here or the title below to read more.
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. )
Brent oil has moved up strongly to $61.33 as of this writing on strong German data. Growth in Germany came at 0.7% vs. to 0.3% consensus. Growth in Eurozone came at 0.3% vs. 0.2% consensus.
Aggressive buying by the momo crowd in gold and silver continues.
Interest rates are range bound.
Our very, very short-term early stock market indicator is mild positive.
Gold futures are at $1228, silver futures are at $17.23, and oil futures are $53.69.
This post was just published on ZYX Buy Change Alert.
This is the largest bank in Spain. The bank is experiencing rapid growth outside Spain, especially in Latin America. It is one of the cheapest banks in the world due to its holdings of Spanish sovereign debt.
The position is long with an average price of $6.90. Currently, 40% of the full core position size is being held. Profits have been taken as high as $9.74.
The new buy one is $6.11 to $7.21. Target zone remains $16 to $18. This is a very long-term position.
European banks are inexpensive. … Please click here or the title below to read more.