Q1 - some stocks are at 52 week highs . Those will be window dressing for the MF mangers . You can see the paint brush at work today.
Q2- the MF managers will need some new horses or just kick back ( sell in May type) . I do not think the sell on May stuff this year.... No place to park the funds .
My picks for next Q are ATI , XOM, VLO ( to 52- then exit)
Now , on my watch list are GE, AAPL ( sub 400) , hFC ( if it drops into the 40s)
Speculative plays continue to be Pxlw, tqnt, fn .
Midav has me in F ..... I expect it to track Europe .... Europe up, F up and Vice versa .
This is a very dangerous place to be betting long with no exit plans in my way of looking at the market. What happened in Cyprus is real .... Once we cross hard lines , you never can go back .
It has been a great Q1..... Q2 will be a tougher track in my book. Need to get our portfolios lined up .... 4X4 stocks will win ( real assets, real profits, real cash in the bank, real customers) .
Heard on CNBC today that 4K+ stocks hit 52-week highs in Q1.
I mean, look at BIIB, GILD, the other drugs (cramer effect). NOV is strong lately. NE is up, VLO. geez, WAG and CVS are at highs or close to them. The house of cards is going to drop. not sure when but they will.
I think Q2 things will drop. anyone else got ideas on using TZA as a hedge? I'm waiting for 9 to get some more.
yeah, it crossed my mind that it's end of 1Q and they're buying. now next week is the start of Q2 so selloff???
Just find the new horses .... Find stuff that is good but under performed in Q1....
ATI and XOM are my horses .
There are other good stocks out there that have been held back.
Q2 will not look like Q1.... We do know that.... High flyers will come back to earth.... Like GLD and AAPL did.
Btw... You nailed the BA call .... I could not believe they didn't sell the battery problem.... Missed the run on a favorite stock. Good call.