Another day of smooth sailing.
breaking out -- I am using a much higher price target.
shrugging off the Google phone. Only
is being tripped up, and that will most likely reverse tomorrow.
Meanwhile, the worst charts in the book from my point of view -- the nat gas stocks -- all got a jolt from
. I figure they'll trade down tomorrow, but remember that
will be drilling more than XTO could, and that means
will see a nice boost in business.
I misjudged how important this
comment that business is strong was from Wedbush this morning. It seems to have created a rosy hue about the group, much deserved, because as I have been saying endlessly, tech is doing very well. I still think it is possible that
preannounce better-than-expected quarters.
Plus we got dividend boosts from
, rewarding the steady stocks among us.
And the real estate investment trusts -- the true bogeyman of 2010 -- keep going ever higher.
This was another day where the bears really didn't make much of a case for themselves but remain every bit as bearish as they have been.
No flexibility there!
: I hope to see you at my book signing tomorrow night at the Westbury Borders. Good holiday present!
Special note from Jim:
You can learn my time-tested ways to trade smart, even in this market. All my latest thinking is in my brand new book,
, which I'll send to you as part of a special promotion when you
for a limited time. So if you sign up now, you'll get to see how I'm playing these stocks in my portfolio today, plus, I'll teach you how you can play these stocks to help your portfolio get back to even.
Cramer's Upcoming Book Signings
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