The market rocket is on the launch pad and being lighted as we speak. Nothing like month-end mark-ups! As for the ideas and themes to be watching here in the last hour:
Research in Motion
are all ripping higher.
are shooting higher as fund managers look at plays that excelled in May.
: hitting new all-time highs,
: leading search engine play, and
( SNDA): leading gaming play.
have all resumed the rally from last week.
Financials: Look no further than
JP Morgan Chase
, and earnings winner today,
, and other commodity related plays (steel, coal, fertilizers).
: Despite today's small bounce, the trend is still lower.
: This short play has worked beautifully. Be sure to move your stop lower as the price drops, to ensure you do not give up the increasing profits.
: Negative comments from hedge fund manager that spotted issues with Lehman Brothers has these shares lower.
Higher Energy Costs/Rates
: Consumers will eventually feel the pinch of this trend.
: Not exceptional whatsoever, and is still an important indicator as far as we are concerned.
With month-end action playing such a vital role, be sure to use as much discipline as possible when it comes to entering and exiting positions. Be sure to tie in and review all of this week's premium posts, as we will be watching all the recent themes I have spotted for various opportunities. Always know where your stops are in all of your positions, so as to avoid any potential big losses.
Be sure to visit our complete
recommended list of the Best Dividend Stocks
as well as a
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At the time of publication, the author had no positions in stocks mentioned, although positions may change at any time.
Tom Reese and Paul Rubillo are senior editors of Dividend.com. Visit Dividend.com for more dividend stock ratings, picks, news, and analysis for long-term and income-seeking investors.