Tuesday, January 29, 2008

Stocks to Watch After Close

The stocks struggled back and forth, it finally closed to the upside. Volume is higher than yesterday's close. Normally it should be a good technical upside day, but the (YHOO) reported worse than expected guidance, it was down over 10% after hour. Along with other small tech companies, (CYMI) and (HTCH), along with (BIDU) is down over $9.

FED meeting is tomorrow. (GOOG) earning is coming after close. All in all, I would still be cautious about buying anything right now. More bad news can be expected from economy front, financial earnings, and inflation. Stay with your cash for now.

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