Thursday, August 2, 2012

Market update 8-2-12

Cramer said exactly what I said in his show yesterday.  He said that in times like these the best stocks to look at are those with high dividend yields.   So we had our first of three big market movers yesterday.  Ben Bernanke made his statements and the market fell off after he spoke.  I saw WMT take a dive to lower levels and then start to head back up so I took a position.  Hopefully there will be an early morning run and I will get out after I hit my profit target today.  I don’t want to be in this position tomorrow waiting for the jobs report.  Today’s announcements are happening right now with the ECB making statements. 

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