Tuesday, January 28, 2020

Tuesday 01/28.2020

This post is a continuation of the $50 a month stock challenge I started October 14, 2019.  Click on, "No Commission Stock Trades", on the right side of the page to read from the start.

I start the month with $214.98 to invest and that will be my self-imposed trading limit for the whole month. 

     $214.98 x 2% = $4.30 profit needed.

     $214.98 self-imposed January trading limit.
    -$   8.48 invested 2 WPG @ $4.24
    -$ 61.60 invested 1 VZ @ $61.60  ($0.61 payable 02/03
    -$ 35.10 invested 2 CXW @ $17.55  ($0.44 paid 1/15)
    -$ 45.75 invested 1 HP @ $45.75 (ex-date 02/07)
    -$ 22.80 invested 2 ETRN @ $11.40 (ex-date 02/10)
    -$ 35.25 invested 5 BRY @ $7.05
     $   6.00 balance to invest

6:45am (CST)
Enter "GTC-EXT-Limit" SELL orders
     2 WPG @ $4.40
     1 VZ @ $62.15
     2 CXW @ $17.90 
     1 HP @ $46.75
     2 ETRN @ $11.90
     5 BRY @ $7.45

     I am re-thinking what to do with VZ for the time being. VZ announces their quarterly earning before the bell (stock market opening) 01/30. Earning is a two-edged sword, meaning the price  can go UP or DOWN depending on that report, but often times the price will go up just before the report in anticipation of a possible good report and a price spike.

      That price movement is what is commonly known as FOMO (Fear of Missing Out) and we all suffer from that from time to time.


Disclaimer, I am not a professional.
your comments are welcome and appreciated.


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