Printer Friendly
The Free Library
19,585,452 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

BullTrade.com continues strong showing with stellar September.


SANTA CLARA, Calif.--(BUSINESS WIRE)--October 30, 1998--During a month in which the market was less than favorable, hot financial/entertainment site BullTrade.com (http://www.bulltrade.com) shined. Joseph Pugno, Co-President of BullTrade Corp., commented, "September was a tough time for many novice investors. Many traders panic when the market dips and sways. What the BullTrade newsletter provides is some security. We explain why the market is moving the way it does, and how investors can protect their assets without developing ulcers. Our trading experience has enabled us to provide the necessary tools for investors to `brave the storm'." After the surprising success of the September portfolio, the year-to-date yield of the BullTrade portfolio rose to 69.55%, outpacing the S&P 500 six times over.

Some of the more notable trades by BullTrade during September included a 30.5% gain in IDT Corp. (Nasdaq:IDTC IDTC Interdeployment Training Cycle
IDTC Indefinite Delivery-Type Contract(s) 
), a 19.5% gain in Qualcomm (Nasdaq:QCOM QCOM Qualcomm, Inc. (stock symbol) ), a 14.2% gain in Cymer (Nasdaq:CYMI), a 13.4% gain in Tellabs (Nasdaq:TLAB), a 13% gain in Real Networks (Nasdaq:RNWK RNWK Real Networks (stock symbol) ), an 11.8% gain in Gillette (NYSE NYSE

See: New York Stock Exchange
:G), a 9.6% gain in Compaq (NYSE:CPQ), an 8.8% gain in Ameritrade (Nasdaq:AMTD AMTD Arithmetic Mean Temperature Difference
AMTD Automatic Magnetic Tape Distribution
AMTD Affordability and Manufacturing Technology Demonstration
), an 8.8% gain in American Express (NYSE:AXP), a 7.3% gain in Worldcom (Nasdaq:WCOM WCOM MCI/Worldcom (stock symbol)
WCOM Windows Component Object Model
WCOM Wireless Communication
), a 6.9% gain in Citigroup (NYSE:CCI) and a 6.6% gain in Allied Signal (NYSE:ALD ALD
abbr.
adrenoleukodystrophy


ALD,
n.pr See adrenoleukodystrophy.


ALD

aldolase.
). There were five other trading gains ranging from 3-5% and four trading losses, bringing the ratio of gains to losses to 17:4. Some of the other stocks covered in the September BullTrade portfolio were Intel (Nasdaq:INTC), May Dept. Stores (NYSE:MAY), Northern Telecom (NYSE:NT), Lucent (NYSE:LU), Reltec (NYSE:RLT), General Motors (NYSE:GM), Disney (NYSE:DIS), and Lehman Bros. (NYSE:LEH).

BullTrade Corp. (www.bulltrade.com) provides investors with a daily newsletter and financial forum. Members receive a newsletter before each market session, via e-mail and on-site, that outlines a short-term and long-term portfolio, as well as views on the current market conditions and issues that are relevant to successful trading. The BullTrade newsletter is ideal for both beginner and experienced investors, and is available for a very affordable $20 per month.

For more information, visit the BullTrade web site at http://www.bulltrade.com
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1CANA
Date:Oct 30, 1998
Words:387
Previous Article:Media Arts Group Authorizes Increase in Stock Repurchase Plan to One Million Shares.
Next Article:Enlighten Software Reports Record Third Quarter Revenues and Earnings From Its UNIX And NT Business.



Related Articles
Object 50: a stellar quick-change artist.
The new age of the sun.
NASDAQ, DOW UP ON TECH; STOCKS JUMP DESPITE MIXED ECONOMIC NEWS.
KRALL GROWING WITH EACH PERFORMANCE.
Summer in stages: East or West, queer-tinged theater is the best. Our countrywide roundup of cool shows for hot weather. (arts & entertainment).
Target your search. (Since You Asked ...).
NO SLOWING OF HOME SALES SEEN ANYTIME SOON.
Fall TV listings.
Holding their own.
PROSPERITYLAND EISNER: DISNEY `ROARING BACK'.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles