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Friday, January 06, 2006

Stocks Making A Nice Move

Not a bad start for the stock market in 2006. Tech, energy, and metals all leading the charge. Homebuilders look weak, glad I am out of Lennar (LEN). I am ready to commit more capital if the Dow can breakthrough 10,970 on heavy volume.

1 Comments:

Blogger Big Ben said...

jmcnich,

I am staying away from ATVI and ERTS. Take Two (TTWO) just had a horrible qtr. The group is untouchable in my opinion.

In regards to Sony (SNE) I would not buy the stock either. I know Microsoft and Sony lose money selling the actual systems. The money comes from the software, and that won't kick in for at least another year.

Your best Xbox 360/PS3 plays would be ATI (ATYT), Marvell Technology (MRVL), Gamestop (GME), and Best Buy (BBY).

I own Marvell Tech (MRVL).

1/07/2006 3:09 PM  

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