NEW YORK ( TheStreet) -- It was the morning of November 27, a sleepy Tuesday in my neck of the woods. I looked at my "wish list" of stocks I might want to buy before the "Santa Claus rally" commenced.Having just visited my local Costco (COST - Get Report) the evening before, I decided to check the opening price. COST had opened the morning of the 27th at $96.30. Talking to myself as I sometimes do, I said, "if it pulls back to $95 I'm going to buy some shares". Famous last words!
3 Companies That May Pay the Next Special Dividend
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.