AGQ...........hod....going higher following gold breaking out SODA.....hod..being accumulated by guru funds
LNKD...Cramer is so wrong..so expensive p/e but so what?? stock is not a formula..just low p/e then buy...buy RIMM then and become homeless
EW......good news on another product http://finance.yahoo.com/news/Edwards-Lifesciences-Advanced-iw-3046162496.html?x=0&.v=1
low p/e=buy is not a winning formula for sure, but when do you think enough is enough. LNKD already has a 10bil market cap. How much further can it reasonably go?
BUllverine Depends on your time frame. When it comes to momentum stocks, the move of a stock is important and it's based on the overall mrkt indexes. As people think mrkt will go down (media mostly) and it goes up then it continues to go up on covering. Since Cramer and many guys on CNBC keep saying overvalued (listenners shorted) and mrkt keeps moving up then shorts have no choice but to cover. 90% of trades are by computers so you MUST know TA very well. It just b/o again so short term if mrkt is strong LNKD will go higher because no more resistance except all time high. Longer term , wait for pull back. Good luck.
Do you mean 90% of trades are conducted by computers or through computers? I thought HFT was around 70%?
Cgtrader, The trading firms like GS and hedge funds with big money they hire thr brain gurus and automate trades. The move the mrkt, not us. They automate trades and the computers generate trades based on secrete formulas...