Upside momentum is not over . Yesterday's bullish resurgence surprised many, but we clearly warned it that don't SS t
Likely to consolidate between $103.89 and $110.34. Next level of resistance is $112 - $113. $104.43 now offers support.
You would think, but the markets rarely sides with logic. I think most of the move has already been made in vast majority of these stocks. It doesn't mean you can't ride the seasonal tailwind (if there is one), but if I am someone who is looking for trade into year-end, I'd look into stocks that are flat on the year. But with another Fed meeting on tap, the market will likely find an excuse to fend off major advances. Get this (from last year): Consider the stock market’s gain from Dec. 1 through its highest close during the month. On average, the Dow Jones Industrial Average DJIA, +0.66% is 3.1% higher at that point than where it stood at the beginning of the month, according to a Hulbert Financial Digest study of the Dow since its creation in 1896. In fact, though, a 3.1% rally is below average. It turns out that eight other months — from March to July to October — have stronger rallies than December when their performance is measured the same way. The average Dow rally in all non-December months is 3.4%. So the market’s rally potential prior to Christmas is below average. http://www.marketwatch.com/story/dont-fall-for-the-santa-claus-rally-2013-11-29
Is BABA Buy above $110?. Not bad to stay sideline after price hit the target $110/109 point of interest. Now SS
This is undervalued relative to other growth companies; however the Tech indicators indicate well overbought conditions. At min test of 100.
Buyers Market. Any dips are buying opportunity. The world will not end if you wait for the price to come to you first
So far nothing to worry about. Any dips so far met dip buyers and it's buyers market. I like $100/$98 area
Bears act like the only buyers for TWTR are GOOGL, DIS, and CRM. BABA can buy this for all cash no problem at a $30 billion valuation.
Week's price action shows that pundits are taking profit and so far the trend is up, intact and strong but ..
Above $100 good for the bulls but ER reaction is the main thing here. If ER is strong and positive reaction followed I see it 120 Yend
If the markets continue their decline I would say there is a strong possibility that the gap will get filled
Wednesday noted that BDCC is not a joke. Closed at 38.2% zone and buyers may show up or it could head to $85/87
