Intel stock has been in my online portfolio since 2010. Returns have been simply terrific through a combination of Put Selling and a handful of Bollinger Bands Strategy Trades. Intel stock has brought in so much profit for my portfolio that I am no longer even using my own capital for these trades but the capital I have earned through selling options on Intel since 2010.
This morning the news out of Microchip Technology which cut its sales outlook for the quarter and warned investors that others in the microchip sector would also have “bad news” sent all the microchip makers plunging. At one point Microchip Technology stock was down 14 percent this morning. This dragged down my favorite chipmaker, Intel stock.
Intel Stock Plunge and Outlook
The Plunge this morning sent Intel stock down below $31 just briefly at the outset but it definitely kept it below $32 for much of the morning. This broke through the Lower Bollinger Band and technically set the stock up for further declines. You can see that momentum is negative and has been for some time since September. MACD has issued a sell signal on the stock.
Intel stock Plunge -Oct 10 2014
I have a lot of confidence in Intel Stock and look at these types of events as opportunities to either enter trades or set up possible trades for further selling in the stock by investors.
The rest of this Intel Stock strategy article is for members.
Intel Stock – Trade Alert and Trade Ideas for Oct 10 2014
Here are the Intel stock trades I entered today along with additional trade ideas. FullyInformed USA Members can login directly through this link or Members can sign in to the full USA members site here. Non-members can join here.
Internal Intel Stock Links
Members Only Articles On Intel Stock
Review 2013 Intel Stock Trades
Review 2012 Intel Stock Trades
Review 2011 Intel Stock Trades
Review 2010 Intel Stock Trades
All Intel Stock Posts With Excerpts