That close was without gusto, ho hum style. Do you really care about Dell possibly getting bought out? They are not innovators, they provide computers to the US Govt, and bitter hold-outs like myself. That’s the thing, no one really cares, but in a gutless market like this CNBC needs something to go gaga over. The guidance dropped by LULU in the last few minutes has kicked me down the stairs in proper fashion. It’s just another sign of the market having no balls. LULU raised guidance, but it was not within the consensus of analysts. Does that make sense? No it doesn’t, frankly, but one of the many things that you can count on is that the purveyor of yoga pants guides conservatively. I will say again, that these “analysts” need to go do their groundwork, just building a model in Excel and running the numbers isn’t the “end-all be-all,” neither is the chart.
It’s okay, just gives me a chance to buy more. If you followed the huge watchlist I created after running a few hours worth of screens last night, here, they told the story of the market, flat– for the most part. Another thing I did for you chArtists’ viewing and analyzing pleasure, is create a FinViz screen with all my positions, here. I made no trades today, and the only thing I am looking to do short term is cover all of my solar shorts.
Book:
