The market is expected to open higher today with continuation from yesterday's strong up momentum. Today is the Veteran's holiday for the US market, but it is still open today. All signs are positive right now, CSCO did not make a dent, record high trade deficit did not prove to be a problem right now, oil price is below $60 per barrel and trending downward. All sign for the market to break the old high for the year.
Many leaders have emerged lately: ISRG, mentioned several times on this blog, more upsides still expected; SRLS breaking new high soon with a lot of momentum; GOOG, no doubt the biggest name on the net; HANS, keeps on breaking new highs. There are many more to be listed.
Starting next week, I will do one blog each day after the market close. More indepth analysis than right now, more stock ideas, and reasons behind each move.
Only the subscribers will get the one or more updates during trading hours, and the stock alerts.
Today's Market Movers:
Positive Momemtum Stocks:
PLAY (withdrew secondary), PWEI (upside guidance), TOMO (continuation from yesterday)
Negative Momemtum Stocks:
BLUDE (delay filing), VNUS, CTRP, energy related stocks
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