Gotta love ZERO RISK in the SP500 = $$$

hahaha

I notice everyday another 3-5 DOW 30 stocks gaining between 2-5%.

JNJ up on hathaways buy, of course whatever he touches HAS TO GO UP.

 

add HPQ for tomorrow, your forgot JPM, that was up nearly 2% as well today

AXP as well.

 

I'm short that trash company couldn't mention them without shedding a tear

But HPQ earnings are a good one. Could gap up DIA tomorrow baby $$$

 

These are classic american companies.

 

The buzz today was Warren Buffet bought alot of JNJ and Eddie Lampert bought alot of Citi.

 

Yup, bear trap it was!

 

JNJ a ***junk stock***

????

lol

um, no

VERT - that's a junk stock. just pull up a 10 yr chart

JNJ is a phenomenal company and has been a component of my IRA for years

it's well run, has a nice moat, great earnings. it's a classic peter lynch type company. you can't go to a hospital or grocery store and no be surrounded by their products. they also have solid brand loyalty and a great history.

a lot of the whinging surrounding this bull market is that a lot of the small caps etc. aren't movin'

well boo frigging hoo

this aint yer daddy's bull market

 

American made strong companies strong growth from cheap dollar overseas

 

The buying of a large block of JNJ can be construed as a highly defensive move, expressing a faith that troubled economic times lie ahead...

 

It is a defensive move thats for sure, JNJ kicks butt in a downturn.