The market is slight up around 1:45pm on Friday. The trading volume is on track to be lower than yesterday's massive advance yesterday. Many market leaders are still on pace with the market's uptrend.
(MRVL) is the star of the day. As mentioned on yesterday's post, it is indeed high percentage mover on the market. It is up about 13% as I am typing this post. It is a huge percentage move when you consider the market cap of the stock and it stock price. The reason for the move is very obvious, it beat the street estimates and guides up the following quarter. Like the other market leader, (ISRG), it is the stock to own. (MRVL) makes semi chips which are used in many electronics gadgets. It is the Intel of its domain.
Other stocks in the same industry that are exhibit the strong up momentum like (MRVL) are (MSCC) - another one mentioned yesterday; (DIOD), chart looks great on this one.
Since I have limited time to spend on my blog today, I am delaying of market leadership post until the weekend post. Market leaders will dictate how much you can make in a bull market like the recent trading days. I am expecting a Merry X'mas for the stock investors. But this time is the stock pickers market, forget the (DELL), (MSFT), and (CSCO) of the world, pick something like (MRVL). You will be rewarded very handily in the weeks to come.
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