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Forget about Greece, Portugal, China, and every other country that's making news these days…
The fallout from current (and likely future) debt crises will lead to turbulence in the markets, but it's the inevitable recovery that interests me right now.
We've seen this setup before. In every case where financial misadventure leads to bailouts, one thing is clear: Though the short-term movement of the stock market might lurch to the downside, it has always recovered.
And the American blue chips always lead that recovery. That's where our big opportunity is today…
The American Consumer Hands Us Our Play
So with all the attention these days across the pond, I thought it would make sense to discuss a certain blue-chip company that just keeps on moving up, in both good times and bad.
Visa Inc. (NYSE: V) is one of those companies that looks like a printing press.
Along with insurance and healthcare, this finance segment just won't quit.
Ever since 2008, unsecured credit has once again loosened up. Millions of adults all hold an average credit card debt
About the Author
Tom Gentile is one of the world's foremost authorities on stock, futures and options trading.
With more than 25 years' experience trading stocks, futures, and options, Tom's style of trading systems and strategies are designed to help individual investors propel themselves past 99 percent of the trading crowd.
Is this a recommendation to buy?
Well. took your advice on the $64.5 July Wk 5. Got in at $3.32. Hope for positive earn
Much prefer 2:1 which is what I thought we were looking for.
Hi everyone, thanks for your comments…
My goal here is to offer objective analysis across various markets/sectors/stocks to inspire you to think outside the proverbial box. The goal is also to help readers understand that with any opportunity, theres an alternative to simply buying and selling the underlying. Keep in mind though, that I am your educator, not your broker or financial advisor here.
And as your educator, yes I love 100% returns or greater. With Visa however, the earnings POP has gone from 8 points, to 6 points, to 4 points respectively. Are traders finally building in less surprise once the number hits the street? If so, I want to look at the conservative number, if a big number comes great!
Tom
Genius!
Is there an equation you can share with us to help calculate our sell point?
Best Regards;