Biotech Benefits From Healthcare Rise (XBI)
If you listen or read any media source today you hear about the new healthcare bill proposed to help all Americans get quality care. Interesting how their could be so many contradictions in one sentence. Regardless, the proposed bill (which no one understands or has read for that matter) is providing an upside stimulus to [...]
Are Brokers Oversold (IAI)
The frustration of the financial sector revolves around the big banks. The perception issue is a bigger problem for some than their balance sheets. The media and Washington have done a great job of selling the public on the banks being the bad guys in the housing collapse. We all know [...]
Amazon (AMZN) How High Can it Go?
There are times when stocks move to levels where common sense says there is no way it can justify the price. Amazon, the online retailer may be hitting those levels. The company has executed extremely well over the last 12 months when other retailers have struggled. I happen to like what they do and the [...]
S&P 400 Midcap Index (IJH) = Chart of the Day
The small and midcap sectors have lagged the other indexes since the October high. They are both making moves back towards those highs and are in position to move higher. The midcap index has joined the others at the threshold of breaking higher. The primary question at this point is what will be the catalyst [...]
Gold (GLD) Testing Support
Closed at $110.84 dropping 7% over the last five trading days. Looking at the chart below the uptrend is still intact and the emotions towards the metal are still high. The test of support near the $109.50 mark is holding and the question of the day is, will it hold and gold rise again to [...]
Telecom Stocks (IYZ) Connecting with Investors
As much as we all want the telecom sector to be a technology play it is still basically a utility play. The difference is growth sector versus defensive sector. The predictable revenue streams these companies generate make them more defensive than growth oriented. There are times when they roll out new products and services where [...]
