The market last week was not very good. Confident Investors should exercise extreme caution on any investment until the market stabilizes again. This slight correction will offer significantly better deals on great stocks as the market starts to expand. If the correction should continue (something that I don’t foresee) then your money is better off in the money market account than in stocks that are trying to find a bottom. I have a significant cash position right now as I wait for deals to expose themselves.
As always, my thoughts should only be used for educational purposes and any decision by the reader to use this information is subject to my disclaimer. In addition to the disclaimer, the stocks mentioned may have changed value from the time I wrote this to the time that you are reading it; therefore, the conclusions below may no longer be valid. The analysis on any investment indicator is always a short-term thought and just by being in this list the stock already is a long-term Good Company or Fair Company and made my Watch List. If you are looking for long-term analysis of the stock, you should look for the stock in the company list that appears to the far right.
My analysis in this article is based on the investment indicator tools that I describe in my book, “The Confident Investor.” If you are not subscribed to this site as a book owner, then you will not be able to see some of the analysis. You can purchase my book wherever books are sold such as Amazon, Barnes and Noble, and Books A Million. It is available in e-book formats for Nook, Kindle, and iPad. After you purchase my book, it is free to subscribe to the extra content on this site.
I will only be commenting on stocks that are ranked as an “Investigate to buy” and Possible buy” on my daily investment indicator article. The most recent daily investment indicator article is from October 11. Those stocks are:
- Apple Inc.,
- Allergan Inc.,
- Carter’s Inc.,
- Extra Space Storage Inc.,
- Monster Beverage Corp,
Investment Indicator Thoughts
S&P 500
The general S&P 500 (ticker is ^GSPC and the first line of my investment indicator articles). This index is not very optimistic. Caution is advised.
NASDAQ Composite
The NASDAQ Composite (the ticker is ^IXIC and the second line of my investment indicator articles). This index is not very optimistic. Caution is advised.
Apple Inc.
[s2If !current_user_can(access_s2member_level1)]Apple Inc. [stckqut]AAPL[/stckqut] jumped a bit last week. This was probably caused b…
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]Apple Inc. [stckqut]AAPL[/stckqut] jumped a bit last week. This was probably caused by actions of activist investor Carl Icahn as well as an upcoming announcement meeting. [/s2If]
Allergan, Inc.
[s2If !current_user_can(access_s2member_level1)]Allergan, Inc. [stckqut]AGN[/stckqut] is showing a strong buy with significant and wi…
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]Allergan, Inc. [stckqut]AGN[/stckqut] is showing a strong buy with significant and widening spreads between the fast, medium, and slow EMA.[/s2If]
Carter’s, Inc.
[s2If !current_user_can(access_s2member_level1)]Carter’s, Inc. [stckqut]CRI[/stckqut] was essentially flat last week which is good ne…
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]Carter’s, Inc. [stckqut]CRI[/stckqut] was essentially flat last week which is good news compared to most other securities. A better investment market probably has this stock moving higher.[/s2If]
Extra Space Storage, Inc.
[s2If !current_user_can(access_s2member_level1)]Extra Space Storage, Inc. [stckqut]EXR[/stckqut] had a very strong bounce last week i…
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]Extra Space Storage, Inc. [stckqut]EXR[/stckqut] had a very strong bounce last week in complete opposite of the market trend.[/s2If]
Monster Beverage Corp
[s2If !current_user_can(access_s2member_level1)]Monster Beverage Corp [stckqut]MNST[/stckqut] is basically moving sideways with small…
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]Monster Beverage Corp [stckqut]MNST[/stckqut] is basically moving sideways with small buy signals. Probably need something from an earnings announcement to get real movement.[/s2If]