MDY

Stocks Come In

Stocks came in again on Tuesday, after a morning bounce, still consolidating after last weeks gains. Trading volume was again light. Leading stocks continue to hold their own and now include biotechs, midcaps and small caps. I had buy signals on speculative stocks ABMD, OVAS, and DPLO – none of which I bought. Both ABMD and DPLO gave no safe […]

Quality Names Attract More Money

Stocks put in a modest rally Thursday, lead again by biotechs and high quality growth names. Trading volume was light, however, indicating a modest shift – not a mad rush. This is very evident in the intraday action – or lack thereof. This shift into quality names – however slow it may be – is becoming persistent. It isn’t providing […]