The stock market is 2 weeks into 2011 and is very slowly making headway to the upside. This is not a decisive move however we must respect the trend. The Dow is still very clearly above the 50 day moving average which itself is trending up. Until we see a break on higher volume through that moving average to the downside then we must continue investing. See the chart below courtesy of
http://www.bigcharts.com/.
Followers of my blog should still be approximately 80-90% invested in the market even though some of the leaders have labored and even failed. Enough stocks are still holding up to support the indexes. For this reason we should use some of our profits and add to positions or even take on new positions.
Here are a few more stocks performing well and looking ready to move higher if the stock market holds up. Make sure as always that earnings are not imminent for any new purchases. Remember this blog site is not a newsletter that promotes stock tips or penny stocks. Rather the idea is to teach stock selection with low risk advice. You can also catch me on Twitter for more regular updates and YouTube for some educational videos. See links at upper left.
TER – $14.69
CPHD – $24.54
FTNT - $37.37
AGU - $93.48
Glad you like the info and find it useful. This site is aimed to educate rather than provide stocks tips even though hopefully you have benefited from some of the stocks mentioned. Remember whats important is not what you buy or when you buy but how you buy...in other words money management.
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