Hindsight Report for Tuesday Februrary 7, 2006
Stocks I would have liked to own today:
MOT Motorola, Inc
MOH Molina Healthcare
ADSK Autodesk, Inc
This is the smallest group ever. While the Dow Jones was only down 0.5%, the Russell 2000 Small-Cap index was down 1.5%. And very few stocks were up. 3 of my 6 holdings were up but GOOG and TRAD were both down over 4%. The one bright spot was CWTR up 1.37% on the day.
This meager Hindsight offering could be the sign of a market bottom, probably in the next week. All momentum stocks were slammed today. Look for large caps and safe stocks to slowly come back and then mo-mo stocks will follow with a vengeance, perhaps by Friday...We'll see, but you read it here first.
The Hindsight Report STORY
Please read the Trading Almanac DISCLOSURE
MOT Motorola, Inc
MOH Molina Healthcare
ADSK Autodesk, Inc
This is the smallest group ever. While the Dow Jones was only down 0.5%, the Russell 2000 Small-Cap index was down 1.5%. And very few stocks were up. 3 of my 6 holdings were up but GOOG and TRAD were both down over 4%. The one bright spot was CWTR up 1.37% on the day.
This meager Hindsight offering could be the sign of a market bottom, probably in the next week. All momentum stocks were slammed today. Look for large caps and safe stocks to slowly come back and then mo-mo stocks will follow with a vengeance, perhaps by Friday...We'll see, but you read it here first.
The Hindsight Report STORY
Please read the Trading Almanac DISCLOSURE
posted by Trading Alamanac | 5:39 PM
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