The market again showed some strength as previous days. It opened lower because of disappointing earning pre-announcements from (AMD) and (SAP), but it recovered to positive in the afternoon. The DOW is near record high again. Nasdaq is trading at 6 year high. The tech is back now.
There are no standing out winners today. But most of the winners are advancing at a small percentage, such as recent winners of (GOOG), (MIDD), (FFIV), and (FMCN).
The standout losers are quite a few today, these positions should be avoided:
(AMD) - Price war with Intel (INTC). I would get out this position until the situation is cleared.
(VOL) - Finally down after several strong days.
(POOL) - Bad earning outlooks & a downgrade.
(RCRC) - Bad earning outlooks.
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