Finally caved in

Macro-markets

US Equities have been falling hard. DJI has fallen 4.56 percent over the last month. Based on the futures, it looks to continue the trend today. Asian and European markets are in the red as well. The U.S. Dollar has been rising, and the Euro has been sinking. DXY hitting a resistance spot at $81, so I can assume a soft rebound today.

ATVI

I play Diablo 3, which is one of the bigger contributors to Activision's top line this year. It's sitting at $11.00 and has a P/E of 14.11-undervalued. I've followed this stock for a long time, and it doesn't move much. Swing trading ranges from $10.50 to $12.50. It's insignificant dividend has increased by a whopping 2 cents ever since they starting distributing dividends. This is not an investment for sure.

However, It's quarterly earnings report have hit 6/7 times. It is set to have it's highest quarterly revenue in the fourth quarter. If you haven't gagged at the Call of Duty commercials, then it's probably going to make money. Operating income posts a healthier ratio to revenue than last quarter.

Conclusion: Buy at $11, sell post-COD release (November 13). This stock was valued at $14 after the release. Take advantage of the macro-economic sell-off and ATVI's "sell on the news" stock drop after earnings. Risk losing 4.5% and gaining 10%.