Technology Stocks Leading Market
Technology stocks continue to lead the market higher along with oil service and the brokers. Lehman Brothers (LEH) and Bear Stearns (BSC) hit an all time high today. Merrill Lynch (MER) is at a 52 week high. I hate to say it but I say the Yahoo (YHOO) pullback coming. While watching the tape it was mostly trading in small 100 and 200 share lots while advancing. A sign to me that it has little institutional support above $41. While AMD (AMD) had many large lots (30K, 50K, 150K) while the stock continues to outperform Intel (INTC). Lots of good action in Broadcom (BRCM) (UBS upgrade) today.
Long: LEH, AMD, and BRCM.
Short: None
No Position: BSC, MER, YHOO, INTC
Long: LEH, AMD, and BRCM.
Short: None
No Position: BSC, MER, YHOO, INTC
posted by Big Ben at Wednesday, January 11, 2006
1 Comments:
This is a great blog document and much needed in ensuring that projects lead to value. It would be of great help to have some generic examples of benefit maps etc included in the guideline. Share market is affected by various outside factors such a elections, inflation, natural calamities etc. Therefore, before investing in share market an investor should analyze the performance of shares of a particular company and then make the decision.
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