Last week,we have experienced the market breakout for its previous high in both DOWS and NASDAQ, confirmed by the new high in Utility and Transportation sector. This informed us that the low built in March 21 is set to be the low for another bullish run in the future. Active sectors
include healthcare, energy and commodity. The energy sector has been proved to be the leader sector concidence with the price hike in the crude oil, aimed by the demand for season issue.
The upgrade in INTC ,together with the Earning beating of GOOG- the best search engine corp, raised the guidance of investors toward the upbeat voice of the overall market.
However the shortterm stochastic reading has been into overbought region for the second week,possibly a pullback won't be surprise to us. The net cash inflow into the market is postive, meaning that institutions have positive bias toward the future. However a pullback of the market will provide good opportunity to buy into the market.
Several stocks recommended by us are listed below:
RS, MT,BID, MKSI
RS : the cup and handle pattern formed base is brokenout aimed the positive earning information, and volume increased to a very bullish level.
10 comments:
qian hu lets me leave some comment here, so I come, hahahaha
Play the market, play leading stocks, play active sectors. I am with you!
Moving, Thanks laoda for encouragement!
Thanks HQ dude!:)
Qianhu, we are all with you.
GO GO GO!!!!!
Hee, Support!
Followed Qian square here. I am a big fan, big fan of yours.
MID should be MIDD?
hi celeste,
thanks for pointing out the typo, it should be BID.:)
I am one of your fan in mitbbs, stop by to show my support. Good Luck!
You listed some picks, can you also give some entry and stop point.
hi, Gaohua,
I will try to do that next time.
thanks:)
Qianhu,my buddy,gogogo!!
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