The funds from my retirement settled in Etrade today. The first thing I bought was American Express (AXP) for $42.68 just before market close. This is a short term buy. It looks like it's found support on its 50 day SMA. The 50 day SMA is also crossing overtop of the 200 day SMA. This is a bullish signal. This stock pays a dividend of 1.68% if you own it on Jan. 5, 2011. I'm not too worried about that though. I'll probably buy something else tomorrow also.
The scoreboard after yesterday reads:
Me 28.73%
S&P 12.51%
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