chartSo the markets were on run-away push towards the upside today. Why? The main reason was a sharp rise in the GDP for 3rd Quarter. It indicated the markets were growing on the home-front which is great movement for the economy on broad levels. Other good news came in the drop in jobless numbers and positive numbers on earnings. But again, those were small points compared to the GDP. Now to the part that I like:

I hate losing money. I’m sure your the same. Yesterday I had my little group of stocks to watch and today pulled the trigger and got 450 shares of (GNW) and an entry price of $9.52/share and made an EXCELLENT return today. Did I have an an obscure company I was pushing? nope. Its not hard to be patient and pull the trigger and after hours I watched the stock shoot up further for yet more profits. Roughly 15% up in the day, another 10% gain after-hours and since it called its earnings, I will see further upside. Am I greedy? No. I believe this stock will move up further.

Here is the market close video for Thursday:

Its a busy day and night for me, I am up on the markets and taking tomorrow to take care of some other things. I have not truly watched any group of stocks, I feel great on (GNW) right now and going to take these profits along with the other holdings. Hope you all took in some cash today!

Happy Investing!

Aman, MBA

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