price action in AVGO like NXPI sucks.... Until the sector shows some momentum I am not a buyer.
AVGO a nice long term play...I would buy in a major correction...down 14% for month...just not finding buyers...
CNBC now bringing in China, PR and Greece as a reason to sell into any rally...amazingly negative commentaries by various hosts. Even to the point guests disagreeing with hosts stock views.
Some of my buys today;
LABU new bio ETF which has tanked past week. A Poor mans BIO ETF.up 10% today...$46.50
HZNP keeps moving up even yesterday.
FIT, added after pop. A recent IPO doing great....nice products.
ALDR mentioned here by lilly I think...Cramer pumped yesterday. A nice bio. up 10% today.
Still favor AMBA as shorts covering,
SWKS going nowhere as sector weak....MU did not help...
Too much negative from media even though Equity funds saw 6 billion inflows each week past 4 weeks...now if funds start investing the new money.
Confining buys to no brainers...
Look at HZNP and AMBA...both impressive after poor opening.....unlike SWKS which saw selling after bouncing back $5 from open. HZNP and AMBA maintained most gains....so far.
agree...even my AMBA down only 0.32...SWKS $4.40...now which is a better stock?
We are back to May prices in SWKS.
Even my HZNP up 0.35.
SWKS went down big at open....does someone want to buy SWKS cheap to look better second half?
Market too risky to afford buying...nice price on NXPI though.