Halliburton Moves Into Bull Mode
Editor's Note: Gary B. Smith's column runs exclusively on RealMoney.com; this is a special free look at his column. For a free trial subscription to RealMoney.com, click here. This article was published Feb. 1 on RealMoney.
Boy, I am glad January is over. No matter what your approach is to trading or investing, I think that had to be deemed a rough month. But I'm always interested in how rough it specifically was for readers.
Following on from
a few weeks ago, I'm going to start a monthly survey at the beginning of each month that takes a snapshot as to where we all stand. As reference, the
New York Stock Exchange
finished the month down 1.9%, the
Dow Jones Industrial Average
down 1%, and the
Nasdaq
down only 0.85%.
Vote early, vote often, but do vote!
Through January, I am...
Down more than 5%
Down 2% to 5%
Down less than 2% to up less than 1% (essentially flat!)
Up 1% to 4%
TheStreet Recommends
Up more than 4%
Today, the Nasdaq,
Palm
(PALM)
,
Accenture
(ACN) - Get Accenture plc Class A (Ireland) Report
,
Ericsson
(ERICY)
,
Ashland
(ASH) - Get Ashland Global Holdings Inc. Report
,
Network Appliance
(NTAP) - Get NetApp Inc. Report
and
Halliburton
(HAL) - Get Halliburton Company Report
.
And that is a wrap from the Mid-Atlantic Erg Sprints, where I'm embarrassed to say that even the 70-year-old rowers participating are in better shape than I am. By this time next year, though, I hope to at least be competitive with them!
Gary B. Smith is a freelance writer who trades for his own account from his Maryland home using technical analysis. At time of publication, he held no positions in any securities mentioned in this column, although holdings can change at any time. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Smith writes a daily technical analysis column for RealMoney.com
and produces a daily premium product for TheStreet.com called
The Chartman's Top Stocks. While he cannot provide investment advice or recommendations, he invites you to send your feedback to
Gary B. Smith.
