iBankCoin
Joined Jul 30, 2008
2,107 Blog Posts

Market Looks Healthy

I finally got my dumb internet to work. Anyway, looks like the Dow, Nasdaq, and S&P have sustained profit-taking earlier in the day. I especially like the action in the SOX index (so far, the Nasdaq depends on these semicondutors). There was some much needed profit-taking, but the buy-the-dippers crowd immediately took the opportunity to pick up some shares. Keep averaging up this group of stocks and you’ll be good to go until September at least.

Stocks on my radar

  • NVEC– steaming away! After breaking out on Thursday, the stock continues to move higher and higher. There are way more buy orders than sell orders at the moment.
  • AEOS – the one retail stock that attracted me the most is up (ANF, CTRN, CHS are down). I was hoping to get a discount today. Shoot, it’s still rising, and I have 0 shares.
  • TIE– so far, based on what I’ve noticed, TIE seems to do very well on Fridays. I’ll have to check that out later.
  • ICLR– company has been doing all kinds of things to specifically affect the stock price. That’s kind of sketchy to me… if a company wants to raise their stock price they should do it by just being a good company.
  • MLS- has bounced like crazy!!!! 16.35 is solid support
  • The SOX stocks have rebounded today- BRCM, NETL etc.
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2 comments

  1. Ragin' Cajun

    i found your site and i love it i added it to my links

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  2. Gio

    thanks. I’m not quite satisfied with the layout. i’ll be fixing site over the weekend.

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