The US stock market moved higher this Friday. It did not pullback like I expected. It is the fifth day of advances. We have not seen this kind of strong trend for many weeks. It is definitely good news for the Bulls. Although I would like to see more volumes to the upsides than the previous weeks, but we can take the advances any day without any complaints,
Up Stocks:
(DMND) - Diamond Foods, Inc. upped its outlook yesterday after close. Today's trading volume is over 1800% over normal volumes. A very powerful move to the upside. It is the "future" big consumer name in the making. You may said, "are you nuts?!" That is right, they make money by growing NUTS. Nuts is good and HEALTHY. It is the trend for future healthy snack foods. Diamond Foods dominates the nut markets.
(RPXC) - Secondary following offering of its stocks.
Down Stocks:
(RIMM) - Earning and guidance missed. It is another mobile casualty by Google and Apple. Another Nokia companion in the dead mobile sea. It has no future until its strategy changes.
(NFLX) - Like I mentioned yesterday, high flyer can grow at the rate from its past until it can get its subscribers back as well as its contents back.
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