Federal Reserve Chairman Ben Bernanke said on Wednesday that he is comfortable with the current stance of interest rate policy given the forecast that economic growth will remain moderate over coming quarters and then only pick up gradually. Read FOMC Statement FOMC Economic Projections
ITZ has posted several trade suggestions over the last several weeks ...here is a recap:
Apple (AAPL) April 24 Entered a 1/4 position @ $559 ($500 Stop) TWITTER LINK
Qualcomm (QCOM) April 24 Entered 1/4 position $61.40 ($57 Stop) LINK
Silver Wheaton (SLW) April 17 ITZ is re-entering SLW with a 1/2 position @ $30 set stop @ $27 LINK
Gold ETF (GDX) April 4th half-position @ $47.50 STOP currently $44 LINK
Halliburton (HAL) April 4th half-position @ $33 LINK
*Note ITZ was stopped out of Halliburton (HAL) @ $33 after raising stop level
Freeport McMoran (FCX) April 5th half-position @ $38 with a $35 stop LINK
ProShares Ultra Crude Oil (UCO) April 5th half-position $42 with a $39 stop. LINK
Adding to position today @ $43.50-- now @ full position average cost $42.75 LINK
click on charts to expand images
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