I'd like to start a thread of stocks and sectors which are outpacing the general markets as measured roughly by SPY, QQQ, DIA To start: Memory: SNDK, MU, et. al. LUK: Holding corp. distressed buyout turnarounds GE: Well we all know GE. Today was weak but it seems to have bottomed at 34. Any others? I like to look for strength on down days in quality companies which I believe is an indication of accumulation.
What do DELL, EBAY, AMZN, CNET, ELNK, ORCL, MU, and SNDK have in common? Some tech is on the rise. Watch these names. There are others but these are worth watching.
Today is why these were on the watch and not buy list except MU. All red except MU, and CNET. Which makes CNET more interesting. Lastly MU is stalling at twelve at least for awhile it seems.
believe it or not.....YHOO. beating the market since 07 began. I''ve got a big position in YHOO (long at 28 ) and a much smaller position in NYX (long at 85)....my only equity long positions now.
TOKYO, April 5 (Reuters) - Nikkei slips 0.4 pct but chip stocks advance. The Nikkei share average slipped 0.43 percent on Thursday as investors turned cautious following a two-day rally and sold shares of Fast Retailing Co. Ltd. (9983.T: Quote, NEWS , Research) and other recent gainers. But shares of Elpida Memory Inc. (6665.T: Quote, NEWS , Research) and other chip firms advanced after U.S. memory chip maker Micron Technology Inc. (MU.N: Quote, Profile , Research) on Wednesday said it saw strong demand for the rest of the year.