All economic data is pointing to a growing economy & confident consumer.
The recent gasoline price increase was a non-issue...when you have FULL EMPLOYMENT.
Factories were humming @ better than expected pace as per ISM survey just released.
Markets can go on doing their thing without GLOOM & DOOM talk from "genius talking heads".
Shorts have no where to RUN.....they are being CRUSHED daily.
Majority of retail investors are either out or UNDERINVESTED...they are too SCARED with this UNUSUAL BULL RUN...........they are too used to BEAR RALLIES.....please WAKE UP & count the $$$$.
Strong stocks after TWO hours of trading are:
NVDA,MR,GOOG,WYNN,LVS,WFR,VLO,NCTY,MA,MU,DELL,GLW.
Weak stocks are:
TSL(secondary is killing ..down $4),SNE,AAPL(Cramer said take profit),RIMM,ELX,BRCD,DNDN.
Gold is strong & Oil is moving UP.
Metal stocks are UP.
Please look @ your portfolio for long term positioning not trading.
Please continue doing your due diligence for a well diversified portfolio.
BLOG does not give buy or sell.
Saleem
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