Fast Money guy again recommended BX for his final trade Friday
BX is strong as anyone can see....It is 4 points above the 50 dma and 6 points above the 100 dma...with both averages moving up at a good pace. as tech people know it not so good to be above the moving averages.of course teh averages can move up with the stock price and keep the distance in line... but there is not a problem if the distance diminishes.. alll eyes will be on the year end numbers and extra dividends...seems like people are expecting a great number...thsi stock has sure been great for me and covered my poor other investments..I do have a couple :) well one actually....QCOR is a very small amount..my GM got hit Friday but no worry there...2013 as you can imagine was a great year for everyone who stuck it out and didnt try trading the market...always anxious to watch the market all day asI am retired....
S&P IQ upgraded with a buy on Friday with a price target of $36 -
I watch fast money also and like Guy Adami's pick - he thinks it is going to $3
Looking forward for the earning and their LA QUINTA IPO..
I wish i could watch the market all day but i record the shows for now - May be in few years...Happy for you!!!
The best wishes!
Love Bx at these levels...