NASDAQ was the strongest index today ...by far !!!!
Techs,Chips were showing strong tape.......
S&P 500 & Dow took a back seat in today's rally UP around .45% only 35% of NASDAQ......
It IS important to be in right sector of the market...or else you are NOT optimizing your $$$...remember it is not how much you have invested in the stock market but where you have put it to WORK that matters.......
It is also important to be EARLY in the RIGHT sector.........
As we all MISS many RUN UPS...so it is imperative that we CATCH ...the next HOT sector.....
Tech IS the next hot sector as is evidenced by the moves in QQQQ,QLD , SMH,XLK.....I prefer the first three for out performance.....they are all ETF with heavy volume on a daily basis !!!
In my portfolio :
BRCM rating 45/30 target $24.88
ESLR rating 0/30 target $12.54... reports on Thursday 17th April AH...1 day before Option Expiry???
RIMM rating 35/30 target $128.31
SEED rating 35/80 target $6.95
TOL rating 80/85 target $27.02
In other stocks :
CROX rating 35/90 target $21.95
JRCC rating 20/30 rated for a "breakout" @ $21.63 for a target of $26.05
Strong stocks were BIDU,ISRG,GOOG,AAPL,QLD,PIR,X,LRCX,WFR,VMW,
SOHU,ICE......
BLOG does NOT give buy or sell.
Saleem
2 comments:
Saleem,
It looks like GE is going to hurt the market today? What do you think?
Hi Doug,
It is important to know where the market IS.....meaning whether it is overbought or oversold....
IF it IS oversold...as I believe then market will absorb GE news in stride.....
I will be either adding or buying new stock depending on how each stock opens.....
I am looking @ this weakness as a FINE buying opportunity.....I call it a GIFT from heaven !!!!
Saleem
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