Notable Stocks
Here are some stocks that stand out today:
- FFIV - looks ready to breakout again soon
- COF - breaking out to new highs
- ISRG - does this stock ever decline?
- GLD - has gold peaked?
- RHS - what happened to the all-electronics Christmas?
Market Comments: The market is struggling to hang on to its midday recovery. The SPX is actually only 1.2% off its recent high, but it feels worse. The CBOE put/call ratio is running above 1.0. We need some bearish sentiment to re-enter the market.
posted by J. Kahn @ 12:06 PM
2 comments
2 Comments:
If we do for some crazy reason get an end of year rally, where do you think the Dow can get to? Maybe 11,200 to 11,300 that wouldn't be much of a rally and frankly I see no chance of it happening. What is your take? Thanks in advance.
I think the market can rally into year-end. Probably nothing huge, but maybe 1-2%. That would leave the Dow right around the 11k level. I would focus on individual stocks.
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