Today could be a big day. Many people shorted on Wednesday hoping the manufacturing data will be bad and the market will go down. But the stock rallied for more then 250 point in a day. If the job report comes out positive, then the shorts have no choice but to buy back to minimise their loss. The market will pop up in no time and we can expect big rally today.
I am positive on the data because the manufacturing data was positive. But if the market news is negative, then buy FAZ for half and then buy back FAS before the close of market.
Below are complete list of best performing stocks for 2010.
ACAS , ADCT , AERG , AKRX , APKT , BEE , BTN , CIGX , CPE , CROX , CRUS , ENTR , GRT , HWK , IDIX , IDT , ISLN , KEI , KRA , LCAPA , LVS , MBI , NBIX , NFLX , NR , NZ , OPEN , PAR , PCYC , PKOH , PPO , PWER , PZZ , QCOR , SOMX , TPCG , TRS , UNCA , UXG , VHC , WNC , ZQK
Click here for complete listing.
I am bullish on SOMX inspite of stock falling down for 3 straight days.
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