US Stocks closed up today after the combination of incidents of the last days. The continued stressed caused by the Greek debt crisis has caused concern among investors. The DOW and the NASDAQ both continued trading even after the NYSE went down unexpectedly. Trading most of the day at roughly 0.7 percent under. Some stocks fluctuate wildly, and others move up and down with little points of difference in between.
STOCK INFO: Long-term vs. Short-term Investments
It is important to realize that not all stock investments are long term. A long-term investment is made with the sole intention of owning the asset for a considerable period. Long-term investments do not require constant investigation and monitoring of the markets. The asset is kept through highs and lows. A short-term asset is best for immediate buys that can be immediately sold at a profit. These assets must be monitored and only entered into with a clear plan of how to approach the level of commitment to the program. It is important to understand the difference between the two and plan any investments accordingly.
Eli Lilly and Company (NYSE: LLY) is up 0.26%. Economists believe the stock to be doing quite well, and that is great news for investors. The last year the stock has climbed back into good status. It has almost doubled its value in a very short period. Going from 47.00 to 88.78 is impressive news for the stock. The ability of the stock to bounce back after a shakeup is great proof that Eli Lilly and Co is a stock to watch. These better than expected numbers are a great first showing of the true potential of the stock. During the slow down on Wednesday, it jumped up 2.38 to 88.73, by 2.76%, on 6.9 million shares. The stock wants to go to the low-to-mid 90.00s. Look for 95.00-96.00 as its target.
Mobileye (NYSE: MBLY) is up +5.12% and has shown to be a great candidate for investment. It has been performing great since it has reached its former position in the high 30.00s. The stock has reached new highs, and with a recent closing of 56.33, it is certainly one to watch. It closed up 28 cents on Tuesday and continued strong given its newly gained momentum. It’s projected to land under 51.00, but analyst gave it a target between 59 and 60.