Nice to see such strong volume going into the close at highs...
Almost double the v olume with a spike at the end of day. People are thinking we should see an upgrade and don't want to miss it in the morning. Earnings are going to be awsome and the news flow will be just as important. Looking good here with people buying stocks for yield versus treasuries.
Fair warning, Ford has seen good run to earnings only to get the wind knocked out at earnings from Europe losses. Ford Europe sales down over 20% for both January and February with March yet to be released. I hold a 25% long position and like long term but not expecting the moon shot until Europe bottoms.
You are spot-on with your assessment. I have held too much prior to most earnings announcements, only to be deeply aggravated shortly after 7am news/conference calls....not this time....parking considerable amount (for me anyway) on the sideline. Now just watch...this time it will skyrocket!!