Sunday, April 06, 2014

More Pain?

I started to blog and audioboo a few times last week and never finished.  (Birthday stuff got in the way - hooray).  Anyway, the comments at the beginning of the week would have painted a different picture than comments towards the end of the week.

Basically, we are seeing some ugly action.  When the high flyers get sold in the midst of IPO-palooza and wild stock speculation, it usually doesn't mean good things going forward.

In addition, the market has a history of having a nasty election year correction.

Anyway, I have been rotating out of some of the losers and trying to find things near support, while still maintaining some cash.  But honestly, I have taken a hit in the more speculative names the past couple of weeks and wish I would have watched more basketball and bought less stocks!

Momentum names may see more pain


Reuters - Reuters - ‎Sunday‎, ‎April‎ ‎6‎, ‎2014

After their worst week in several years, high-flyingstocks that defied gravity throughout 2013 look ...

If you have Windows 8, open this in Finance.

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