The US stock market is poised to start trading lower this morning. Perhaps waiting for the FED meeting announcement this afternoon. Correction from a series of advance sessions is not out of the ordinary. The trend won't change until we are seeing heavier selling on the down days.
Up Stocks:
(ORCL) - Big cap with decent earnings. If you want safety in this kind of environment, it is not a bad one to own now.
(ADBE) - Missed earning but decent outlook. New version of flash coming out.
Down Stocks:
(WLT) - gauidance cut by the company. Time to get out. They are in the same industries as (ANR) and (BTU). I would avoid this sector.
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