Dan Fitzpatrick is the publisher of The Stock Market Mentor, an advisory newsletter and educational forum dedicated to teaching effective risk management and trading methodologies to aspiring traders and investors. He is a former hedge fund manager and a member of the Market Technicians Association, and he now trades from his home in San Diego, Calif. While Fitzpatrick holds various securities licenses, he does not give recommendations to buy or sell stocks.
Fitzpatrick graduated from the McGeorge School of Law. He was a fellow at Pacific Legal Foundation, a nonprofit public interest firm specializing in constitutional law, and he also practiced law in the private sector before pursuing trading as a full-time career. Before growing up and getting a real job, he was a professional musician, studio singer and songwriter in Los Angeles.
The group has been giddily anticipating the Bernanke Moneycopter -- and Ben didn’t disappoint.
Any decline closer to the breakout level would be a better entry point.
There’s no reason to take profits in Amazon at this juncture.
All of these names would be worth buying at current levels.
Any retreat to $235 would be a low-risk buying opportunity.
The uptrend is currently intact, and it pays a generous dividend. Just keep an eye on this level.
Buy this stock on any pullback.