By Marc Lichtenfeld I don’t really pay attention to my long-term investments on a day-to-day basis. These are companies I plan on holding for years, so if they move a couple of percentage points in a day, it’s not particularly noteworthy.
However, for shorter-term investments and trades, I do keep close tabs on them, waiting for a catalyst to cause a sharp move higher.
In fact, I never enter a trade unless I have an idea of what should move the stock. It could be an upcoming earnings report, an important corporate announcement or even a technical breakout on the stock chart.
Earnings reports are one …read more
