Tuesday, September 12, 2006
Sector Spotlight: Software
Has anyone else noticed ORCL?
The stock is quietly on fire, making new 52 week high's. Amazing.
So far, the market looks great today. We got a few upgrades in the semi's and a few downgrades in the oils. Despite energy stocks being up today, it appears the "rotation" into tech continues. If I wasn't so convinced of a September decline, I'd probably be buying stock-- hand over fist right now.
Anyway, today we have a broad rally, spearheaded by tech. We are getting fantastic percentage moves in the semi's and select software stocks.
I must concede, so far, the bulls are sticking it to the bears-- big time.
The following software stocks are showing some mojo:
RNOW +3.9%
CPCI +3.7%
MWY +3%
BOBJ +2.8%
NWRE +2.3%
CTXS +2.3%
CRM +2.2%
INFY +2.2%
IWOV +2.2%
WIND +1.9%
The stock is quietly on fire, making new 52 week high's. Amazing.
So far, the market looks great today. We got a few upgrades in the semi's and a few downgrades in the oils. Despite energy stocks being up today, it appears the "rotation" into tech continues. If I wasn't so convinced of a September decline, I'd probably be buying stock-- hand over fist right now.
Anyway, today we have a broad rally, spearheaded by tech. We are getting fantastic percentage moves in the semi's and select software stocks.
I must concede, so far, the bulls are sticking it to the bears-- big time.
The following software stocks are showing some mojo:
RNOW +3.9%
CPCI +3.7%
MWY +3%
BOBJ +2.8%
NWRE +2.3%
CTXS +2.3%
CRM +2.2%
INFY +2.2%
IWOV +2.2%
WIND +1.9%
Comments:
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I have been watching the resistance in CELG and the top that has been forming hard. Any thoughts on this?
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# posted by 
: 11:32 AM
: 11:32 AM 
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