With the current market and prices high for most stuff. I do not feel more comfortable with anything beside Apple.
Google is nice but the $900 per share, how much higher can that go?
Spy is getting high and I hate to buy at the peak.
Netflix, MSFT, SNE, AMZN are all at high P/E.
My 2nd pick right now would have TTWO or ATVI with the new gaming systems coming out.
Dude, P/E isn't that important. Low P/E actually means low growth and flat price. There are many good stock movements today. Other than GOOG, CREE and PRLB are both breaking out on higher volumes. I bought all three this morning.
I hate to keep bugging you
but how do you, PERSONALY, monitor for breakout stocks (or movers or momentum)?
do you have a scanning program or use a website`s data?
do you scan and comb through all the charts by eye yourself to find the patterns that you, personally, feel good trading with?
how do you decide which stocks you will comb through to look for breakout patterns (or patterns that you like)?
how many stocks would this be? (do you have a personal basket, how many, that you are always monitoring?)
Both CREE and PRLB continue to move higher today even the overall market is flat. If you want to make money, please focus on the breakout stocks instead of the ones you fall in love with.
You sound like Mary Meeker in 1999. But all the internet companies with 600 P/E's. It doesn't matter, only PEG matters. Tell that to all the people that lost their shirts, homes, and everything else!!!!!!