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The markets started the day heading lower and bottomed early, with the DOW 30 off 159.91 on
the low of the day but turned around and spent the entire day climbing
back-up and at one point was up as much as 0.15 points but ended the
day losing just a bit over 6 points. The reason for the fall today was
because German Chancellor Angela Merkel declined to discuss Greece this
morning at a European summit in Brussels. It seems that we still have
to put up with the ups and downs in Europe in order to understand where
our markets are growing. The general trend still seems to be higher
ground ahead, although as we approach the previous 52 week highs we may
need to step back a few paces as a correction is long overdue and you
can bet it's out there. Holding the big stocks is probably is the thing
to do right now, and buying the small caps is probably another thing to
do. Continue to
avoid the metals and stay with the smaller caps for the better bet.
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"Spotlight
Featured Stocks"
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Advanced Micro Devices
(AMD)
( 52 week range 4.31- 9.58)
Follows the Market
BUY anything under $4.50
QUOTE
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Comtech Telecommunications
(CMTL)
(52 week range 23.51- 34.08)
BUY anything under $24
QUOTE
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