Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Being an Active Investor

Details

  • Description

    Gil Morales, of VirtueofSelfishInvesting.com, on making smart investments in today’s market.

  • Duration 2:34
  • Date

Clips

Also in this playlist...

Latest Investing

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

Goes off.

-- on the markets and bringing -- -- with the virtue of selfish investing dot com I get.

Before we go to FaceBook I want to get to that in a second -- -- -- -- of this spike in the price of oil.

I'm saying there's some Saber rattling by the Iranians but more to the point there's a feeling in the market that -- gonna have to do -- to get this economy going and that's why oil is -- -- comment.

Well I think you are gonna see it a form of QE3 and I think you're seeing -- in Europe as well there there really is no choice getting your analysts this debt day issue that we have worldwide.

Others note no real solution beyond printing money as I see it's I think that's going to occur and I think.

That that will affect the price of commodities although I think today's move in oil is probably more related to some of the Sabre rattling in the Middle East right now so -- Bob Michael Moore as a -- -- yeah.

I've got gold up 21 dollars an ounce as we speak and -- over as -- as well.

Let me get to FaceBook again because I know that I thought you board FaceBook I think around 26 and -- sold -- authority to.

Facebook's now are around 31 I think are you -- and do you -- again.

I've started to be -- back on yet we got a got a nice 20% pop sexism are like 20/20 3% move and you know that would be equivalent apple going up a 110 -- so.

To have that kind of move in two weeks -- the position now we had -- kind of you know.

You don't Olympic gift horse in the mouth and so we took the profit but the way the stock is pulled back here he -- very little selling that the story on FaceBook is over as many like to thank.

Then where -- all the sellers so as we pull back here at 31 in maybe even a little lower.

And the selling volume is drying up -- -- interested in nibbling on the stock know what I will do is take a small position here.

And then look for the stock to break out through 33 dollars and 45 cents which is the recent peak.

And if it did break out through that level then I would get more aggressive is it is -- a -- try to stock is and I I don't know many people -- short term yet -- -- short term trades you know so and I think that thing an investor's needs understands that the beautiful thing about the stock market is that slick liquid you can go in and out of stops all you want unity not buying real estate.

In you're not buying art where where the markets are far less liquid and you can't get out of things I think investors should learn to use.

Number one the volatility that's inherent in today's markets as well as the ability to trade in and out of stocks.

If you're gonna find levels where you're in their supporters FaceBook had around 26 point seven make those traits in when you get a 2030% pop.

I think you have to look at taking some profits and being active in this environment idea what gotta watch for FaceBook at 3345.

Breaks above that we're in business again -- Gilmore -- -- -- -- -- down anyway thanks so much feel good stuff that's.

Load More