Quote:
Originally Posted by beshannon
Very weak open, don't be fooled by the averages AAPL alone is adding about 150 to the DOW which is down -7
Some of these names may come back to buy points after the euphoria of earnings fades. Although earnings have been better overall, the broader market is weak and even companies with good earnings are not giving guidance.
I would not be surprised to see this market close negative today and possibly even broadly negative. News events suggest this will be a difficult weekend.
I am holding my cash for better entry points and not selling (yet) anything else although there are several names close to my limits.
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I'm also holding here as well. I did pick up a VERY small portion of GOOGL here, but otherwise want to see what happens next week.