Recently, I’ve been playing breakouts as many companies have formed strong bases. I got in late here and actually entered after the break out but the stock had legs and I rode the momentum. As of 8:00am PST however, the market looks weak and I’d rather just take profits. As of this posting the stock has jumped to 6.24.
Heres a chart

took a 4 percent profit i may get back in tomorrow as the stock is below 9 now.

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Choosing between " onclick="javascript:urchinTracker('/outbound/www.bromoney.com/savings-account-interest-rates_br_/');">savings accounts and CDs can sometimes be a hard decision. CD rates are typically higher than savings rates, but with a CD you can’t touch the money for the term of the CD while you always have access to your savings account funds. When looking at either product make sure you check internet bank rates as they’re typically higher than regular bank rates.

This goes against traditional technical analysis as the ETF is 60 cents off of its 52 week low and has lost 80 percent of its value in the past 2 months. I’m basing my decision to enter on the chart which appears that everytime the ETF hits the 52 week low, there is 1 or 2 days of sideways action, a reversal to a higher position than the previous 2 days and then ultimately another 52 week low. I’m just waiting for the reversal and will get out immediate after.

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If you’re looking for CD rates look at both what’s available locally and at the online bank rates. Just be sure to read the terms and service the same you would with credit cards and always make sure you know what the early withdrawal penalty is on your CD.

The price movement of MA and V have been similar since Visa’s IPO. Both these companies have common upsides such as the fact that they are not exposed to the recent credit crunch as member banks provide the credit. However, I think Mastercard’s prospects are better than Visa’s. Mastercard has a lot lower PE ratio than Visa and earns more of its revenues from abroad.

Check out the chart, it is bullish as well.