AAPL, CME, FAS, GOOG, RIG, EWZ, LVS are my current holdings. I just want to get that out of the way at the beginning of this post since it has been awhile since I have posted. I’ve been keeping my portfolio pretty simple until the last couple of days. But until recently I now like RIG and EWZ. I am in and out of LVS as I think this stock will be higher in the months to come, but let me tell you, it is a bumpy ride. I keep getting shaked out, only for the stock to post a higher high. So thats why I keep getting back in. I feel like I am in a battle with this stock for a win. When things get personal with a stock, I usually don’t trade it. But for some reason this one gets an exception and I don’t know why. Well moving on…
It seems we are headed higher this morning after the INTC and JPM earnings. We are definitely going to test DOW 10,000 in the coming days unless Goldman Sach’s (GS) disappoints by not meeting very high expectations. When we get there I will most likely lighten up a bit as I feel we are headed to DOW 10,280 before any major pull back. I can tell you this especially all of you that missed the boat. When it pulls back, buy, buy, buy. As I been saying all along, by years end we will be much higher. If you pull up a SPY monthly, you will notice that the trendline is still intact and the bulls are in much control.
