Monday, October 31, 2005

Monday's After Market

The market had another great run from start to finish this Monday. Tomorrow is another story, the story from FED and profit warning from Dell, it does not look good for the opening bell for Tuesday. Since Dell is a non-performer, it could be a non-story for the market. We shall see the influence of Dell on the market tomorrow. From the preliminary data, we may have an accumulation day today.

Overall today's market is very positive. I expect more good things to come in the weeks ahead. There are many great positive momentum stocks today:
GOOG - another new high, it is still going higher.
NWRE - earning is coming out soon, I got some this morning.
PRNA - earning is coming Tuesday, I am a bit hesitate on this one because it crashed down last earning report.
ORCT - great volume today.
UTHR - great volume today.

Stocks with negative momentum (stocks to avoid):
IART, NTE, QCOM

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