After 3 hours of trading...wall street is @ the lowest point.
Bernanke comment is giving everybody a moment of concern.
The concern is about interest rate.....is Bernanke going to RAISE or leave it ALONE ???
I am in the second camp.....with ongoing RHETORIC by Feds to control market moves.
Today's PAUSE is not bad @ all.....reasons notwithstanding.
I am still expecting markets to show some improvement by close.....because of its mini overbought conditions.
Strong stocks are:
GOOG(new all time intraday HIGH),AAPL(target being raised to $140),CTRP,SIRF,NVDA,RVBD,LVS,TSL,NTRI,CROX.
Weak stocks are:
SNE,WFR,VLO,ICE,RIMM,JSDA,NYX,LRCX,EBAY,MA.
Today..... is another day.... to reposition...... your portfolio or to be positioned for tommorrow's GAIN.
Good luck on your due diligence in a DIVERSIFIED mode.
BLOG does not give buy or sell.
Saleem
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