Markets are doing what was "expected of them.....go to NEW record close"
Market internals were very strong.....Advancing volume,Advancing stocks & new 52 week highs all had big lead.......
This market is proving to the most skeptic that it is not SMART to bet against Fed.....unless you want to hurt yourself financially.......
It is NOT too late to RESET your focus and buy strong stocks with great FA & TA.....where do you find them....look @ new 52 wk HIGH list......
Do not stay in "broken stocks & laggards.....does not say much about your investing SAVVY"
New 52 week LOW list is there for a "reason".......to identify losers !!!!
I sold all NOK for a $1.06 gain.
I bought 75% more RIMM my second purchase today.....as RIMM was downgraded by two very scared analyst...one is GMP which raised RIMM target to $95....but said HOLD from buy...secondly CIBC downgraded from Focus list to outperform but increased their target for RIMM to $115.....I call this a "chicken downgrade".....my cost now is $97.06,,,,
CMED UP 46 Cent..a new all-time high close....$1.65 left to match all-time intraday HIGH...could come as early as tommorrow.....
FMCN down 63 Cents ...had higher low today.....almost ready to "turn UP'
WFR UP $1.25.....on a rebound from recent weakness......
SNDK down 2 Cent.....taking a nap today......
NMX UP $2.26.....going UP as a trend...earning must be good $$$$$
RIMM UP 11 Cent......UBS upgrade & target increase to $120 won against 2 downgrades.....bodes very well for tommorrow......ER will be the ..talk of the town !!!
GOOG all time high.....
AAPL all time high......
CTRP all time high.....
MPEL moving in right direction....
NOK all time high......
FSLR all time high.....
NVDA all time high...
VMW all time high...
Good luck for tommorrow $$$$$
BLOG does not give buy or sell.
Saleem
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