Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

Another Nice Up Day....
....But, we are still stuck in a lateral trend. Still, if the bullish sediment continues, we may actually be able to climb above the 50 day MA and hopefully stay above it. Today is the day for this to either happen or not happen so keep a close eye on the market. As far as what stocks to buy, hopefully, by now, you should have quite a few of top performers in your portfolio. The markets bounce off of the 200 day MA earlier this week should have provided plenty of time for one to have grabbed some longs. If not, do not worry. If this is the beginning of a new uptrend, there will be plenty of time to pick up some longs. For now, I will be sticking with my winners such as SILC, BKR, MHJ, SIMC, LNOP, etc.

If you need some longs, check out HMSY and MDCA


My Ambitions as a Trader and Investor is not a registered investment advisor. Please read the complete Small Cap Stocks Blog Disclaimer


Visit 1800blogger to see all of our industry leading blogs