Momentum Monday…The Relentless Rally Continues
- Posted by Howard
- on February 27th, 2012
There is a strong underlying bid in the market. You didn’t have to be a genius to catch a few of the many great setups that the market has delivered on a plate over the past 3 months. For sure, it seems frothy in some names, but capital is not leaving the market and it is just rotating among sectors.
Enterprise software continues to be the place to be, offering multiple opportunities: $LPSN $N $TIBX $MANH $ARBA…
Priceline is trading at new all-time highs after beating the estimates despite Europe going through its biggest crisis in 20 years. $PCLN
Ivan and I take a look at the stocks each of us own for our LightSpeed Momentum Investing Challenge. $COP $WFM $INTU $FARO
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
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