Not in the betting mood on the market, but I am definately adding some ValueClick to the portfolio tomorrow.
An amazing breakout to all-time highs. In reading about the business, I am amazed no one has made a play for them and emailed a smart friend just that this afternoon.
Value Click continues to benefit from a continued fragmentation of online media media consumption.
Elsewhere, the inflation expectation gap that I said would likely close – is quickly underway. My gold adds of a few weeks ago are screaming higher. At the time, I mentioned that the actual price of gold had held up relatively well despite the drop in inflation expectations and thought Gold was showing relative strength.
I think Gold is going to move much higher and am holding my new and old positions.
Finally, Whole Foods stock just blew a gasket tonight. I am not a fan of the stores, never have been. I am alone in this I guess. Bummer tonight for the shareholders but the trend is still alive for this great Company.