CHICAGO, April 12, 2012 /PRNewswire/ -- Zacks highlights commentary from People and Picks Trader "RobMarketsBlind".
For more Voice of the People, visit http://at.zacks.com/?id=5851
Latest RTMB Trades
"Rob The Markets Blind" (RTMB) made a number of trades yesterday. As always stated, our methodology works best on big market down days. We have been doing trades in our methodology for over a year now and each and every trade has been a winner.
We have announced each trade on this site, usually on the very day the trade was made. We also stated that we are no longer going to provide each and every pick on here but will offer some trades from time to time.
Yesterday was an excellent day for writing puts (our main method of trading) as premiums on strong dividend stocks were up. We also are buying momentum stocks and adding to positions as we did with Starbucks (Nasdaq: SBUX).
We also are adding to our share positions as we did with Realty Income Corp. (NYSE: O) a stock that pays monthly dividends, one where the share price has increased, one with 57 straight quarterly dividend increases, one which has paid a dividend monthly for 498 straight months. The rate is 4.7% currently; our YOC is much higher.
About the Zacks Community
In 2008, Zacks Investment Research launched PeopleAndPicks.com, a stock-picking website where members of the Zacks community can test their strategies and share ideas with other members. Each user is scored on the accuracy of his or her picks, and top users are rewarded with free products from Zacks. Registration is free. To learn more about People And Picks, visit http://at.zacks.com/?id=5957
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