When it comes to investing in stocks, it would be a lot easier if you could simply rely on cliches like "Sell in May and go away." And this year some investors may be lured into following this old Wall Street saying as market leaders like software stocks ServiceNow (NOW), Atlassian (TEAM), Zscaler (ZS), Palo Alto Networks (PANW), and CyberArk Software (CYBR) have encountered selling pressure in recent days. But is consulting a calendar an effective replacement for following time-tested buy and sell rules? X For the sake of argument, let's say Atlassian, Palo Alto Networks and other software sector stocks do enter into a long correction beginning now, just a couple weeks away from the start of May. Would you follow a dubious "strategy" of selling just because Cinco de Mayo is around the corner? And would you sell immediately or wait until May 1 — regardless of how far the stocks decline between now and then? Or would you follow sound sell rules based on decades of … [Read more...] about Investing In Stocks: Should You Really Sell In May And Go Away?
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It's hard to believe this is still the same month that saw the Dow's last record high. Since Oct. 3, however, the blue-chip 30-stock index has declined 9 percent, close to that 10 percent drop that's called a correction. Both the Dow and the broad-market S&P 500 are negative for the year. After the relatively calm and steadily rising stock market rise most investors have enjoyed over the last several years, it's not hard to feel nervous about the sudden reversal and how it has affected your investments. And with all the recent volatility, it's natural to feel skeptical about investing in stocks, especially among retirees who need to live on their investments. Reports from 401(k) phone centers describe many individuals leaving their existing balances where they are in hopes that stocks will come back, but they're investing new contributions in money market and stable value funds, the safest investment options. Also unsettling is Vanguard warning of worsening … [Read more...] about Stock market ups and downs: Investing in volatile times
Many new investors wonder when is the right time to sell stocks. An old Wall Street saw has it that nobody ever went broke taking a profit. Actually, that saying isn't 100% correct. You won't go broke so long as your profits are always bigger than your losses. X For that reason, IBD has long since encouraged readers to limit their downside risk in every trade. Cut losses in each investment at 7% to 8% or less. No questions asked. Just move on to the next trade. The golden rule of selling is as simple as that. When a stock is going the right direction, your decision making is not as easy. How long should you hold? Here's a specific rule to help boost your prospects for long-term stock investing success: Once your stock has broken out, take most of your profits when they reach 20% to 25%. If market conditions are choppy and decent gains are hard to come by, then you could exit the entire position. But if the market winds are favorable and your stock appears to be still in the early … [Read more...] about How To Build Long-Term Profits In Stocks? Take Many Gains At 20%-25%
Breakouts don't always work. That doesn't mean the stock is automatically a failure. X The failures start when a stock clears a proper buy point, then falls back more than 8% below that mark. This triggers the golden sell rule: Get out no deeper than 8% below your purchase price. But then what? Keep in mind that a failed breakout doesn't necessarily signal a failed stock. Many stocks with solid fundamentals recover, retake buy points and make winning runs. In some cases, the stock was ready to rally, but the market was not. Remember, breakouts tend to work better when the general market is in a confirmed uptrend. Building A Solid Breakout W.W. Grainger (GWW), a maintenance and industrial supplies distributor, has been in an uptrend since July 2009. (1) and featured heavy selling on the left side. Poor characteristics. Grainger still managed to form a handle with a 156.95 buy point and broke out in strong trade Sept. 13 (2). The stock climbed for three days, then hit a … [Read more...] about How To Invest In Growth Stocks: Why A Failed Breakout Isn’t Always A Failure
Home HomeNewsEducationHealthTechManufacturing & LogisticsLife SciencesAg INnovationINPower INnovatorsBigWigs & New GigsVideoPurchase Gerry DickGerry's ViewSpeaking Engagement RequestSubscribeNewslettersPODCASTAppRSSOn-AirTV & Radio Listings ContactAbout IIBMeet the TeamContact UsIntern with IIBFlagship Stations NC Company Invests In eLuxury Posted: Thursday, June 14, 2018 9:44 AM EDTUpdated: Friday, June 22, 2018 2:42 PM EDTBy Andy Ober, Assistant Managing [email protected] company is a certified veteran-owned business. A North Carolina-based mattress and upholstery fabric company is becoming a majority investor in eLuxury in Evansville. Culp Inc. (NYSE: CULP) says eLuxury founder and Chief Executive Officer Paul Saunders will continue in his role and maintain a minority interest in the company.announced plans to move manufacturing operations from Tennessee to Evansville and create more than 100 jobs. At the time, Saunders said … [Read more...] about NC Company Invests In eLuxury