Today is my first day logging every move I make regarding my investments. If you have any suggestions on how to format my blogs more efficiently or clear, let me know so I can make adjustments.This is for personal growth, so that I may learn from my mistakes, and remember why I made the moves I did.
Net Asset Value= 3272.39 (Cash and Assets)
Cash buying power= $1004.80
ARR- 243 shares, purchase price 7.21 , closed today at 6.92, down $71.51
AGNC- 21 shares, purchase price 27.36, closed 27.43, up $1.44
Trade Executions Today
Sold AGNC- 20 shares, 27.53, closed 27.43
Sold AT- 31 shares, 14.73, closed 14.69
Small profit with AT, small profit with AGNC. Waiting for a lower dip to pick them right back up.
MARKET ANALYSIS FOR TOMORROW
Dow
*Today the Dow (DJIA)rallied peaking 300 points while closing up 147 points. It closed at 11190, and according to the chart will be hitting resistance around 11480.
*Chart Indicators : W%R- Crossed (buy), MACD- Crossed (buy) , RSI – Crossing (buy)
According to the chart, it looks like the Dow may have another up day tomorrow.
Since the Dow is so close to resistance, I will be tracking it to its high point and shorting the market via EDZ. EDZ is an inverse hedge fund, meaning when market goes down, it goes up in price. So its a way to cancel out your losses on your regular investment plays. I hope for a rally in the morning so I can get a lower price. Regardless I should be getting in tomorrow for EDZ.
News
*News this afternoon is rather positive, with few people believing the rallies are truly value plays. For me I think it will be more positive for tomorrow.
GENERAL INFORMATION
ARR has strong financial fundamentals. It is undervalued under the grahams value filter, pays monthly dividends which equates to 19-20 percent of your total investment yearly. I am actually getting a dividend payment tomorrow, although I have it auto-reinvesting. Although it has short term debt, the fundamentals show long term debt being almost non-existant. I may sell half tomorrow, and wait for another market dip since the DOW is nearly peaking. ARR's chart looks like it may take a dip here. Maybe $6.70.
AGNC literally same thing as ARR, although it breaks the 19-20 percent dividend quarterly meaning 4 payments. Enter around $26 per share.
AT is an electric company with about an 8 percent annual dividend. This dividend is distributed monthly. It has great fundamentals, and is also very undervalued. Just had a merger. Will be waiting for another dip to accumulate more shares. As of right now, I forecast $13.80
hi best friend
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