Jim Pearce is the Chief Investment Strategist of Personal Finance, our flagship publication, and manages two trading services, PF Pro and Mayhem Trader. He began his career as a stockbroker in 1983 and over the years has managed client investment portfolios for major banks, brokerage firms, and investment advisors. Jim earned a BA from The College of William & Mary and the CFP designation from the College of Financial Planning.
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Ten days after opening this position in CATO on February 1, I was feeling pretty smart. The stock had gained nearly 8% and appeared to be making a beeline for our $29 target price. Ten days after that it was apparent that the stock had run out of momentum, and… Read More
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CARB has only been in our portfolio a few weeks so it is too soon to start keeping score. We waited until after its most recent quarterly earnings report was released on February 9 to buy it to avoid the possibility of a surprise to the downside. That caution… Read More
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After methodically grinding out a 5% share price increase since being added to our portfolio on January 5, Best Buy gave all of that back on March 1 after releasing a mixed quarterly earnings report. However, the very next day it gained all of that back, recovering our gain in… Read More
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I don’t expect the stock market to give back all of its recent gains in the months to come, but I do believe investors will become more discriminating as the fantasy of easy growth gives way to the reality of difficult choices. Read More
We have an annualized gain in excess of 100% in DHI, and its close enough to our target price of $33 to pull the trigger now. Read More
AEIS is a key supplier to several tech companies that should do particularly well in the “Trump stock” mentality that is currently driving the market higher. Read More
AFSI closed beneath my stop price so I have to sell it, and its target holding period is up in two weeks anyway so I don’t see much upside potential between now and then. Read More
I don’t see any reason to believe USNA is about to rally anytime soon so I am selling it out of the portfolio to make room for a new addition later this week. Read More
Although Warren Buffett’s reputation as one of the all-time greatest stock market investors seems beyond reproach, in recent years there have been whispers on Wall Street that the “Oracle of Omaha” has lost his magic touch. Now 86 years old, Buffett adheres to a buy-and-hold approach to beating the stock… Read More
To beat the stock market, you have to stay in the game. Even when it looks as if you’re badly losing. This month’s winning Super Bowl performance by the New England Patriots mimicked last year’s stock market behavior. After falling far behind in the first quarter, they both came roaring… Read More