How Did They Perform !!
Posted by rantaboutit on January 19, 2007
- Tech sector might be a risky bet considering the current trend.
- Metal prices will see some positive number.
- IM and MU are value stocks and will see better numbers in the longer run.
Stocks traded lower as the market took a hit from another sell-off in Technology sector. Oil prices again took a drop at point slipping below $50 and the Feds showed no sign of reducing interest rates. Disappointing Q2 guidance from Apple and drop in sale and profits from Intel brought the Technology and Computer Hardware tumbling down. Neither did Fed Chairman Bernanke help the market after he warned of a possible fiscal crisis and potential chances of a weakened economy. On a positive note, unexpected increases in monthly housing starts and building permits provided further evidence that the housing market has bottomed out, removing the worst of recession fears.
So how did the stocks i picked yesterday perform. Real bad, it broke my heart. Against investor sentiments no logic can apply.
DIVX -1.23 (-5.64%)
FLEX -0.14 (-1.17%)
SMOD -0.92 (-7.11%)
ZQK -0.23 (-1.56%)
Net Loss of -17.79%
Evelyn said
SJ,
Thanks for stopping by my blog. I visited your blog, and wow, I’m impressed. I admit that stocks are soemthing that I’d really like to understand, but it’s all so complicated to me. I am taking it step by step and I’m learning to tweak the mix in my IRA on my own, so that’s a start, right?
sJ said
Yes, small steps at a time. No need for a giant leap. 🙂