Not Ringing the Alarm Bells
Can you really get a huge selloff based on some potential upheaval in Spain and Italy? I have always regarded the diminution of the European situation as a simmering negative, meaning that it could always grow back in size. But in the interim there has been enough good here that I am not quaking in my boots, and I'm looking for things to buy.
Here's my thinking. Look at what worked today. Netflix (NFLX) should have been dinged no matter what. I mean the darned thing has been up 100 straight points. Humana (HUM) shouldn't have been able to run like it did on a quarter that was added by one-time issues like the flu. FedEx (FDX) rallies on a upgrade? Sprint Nextel (S), Dean Foods (DF), all move up nicely after being challenged lately? Marathon Oil (MRO), a refiner that has gone up endlessly, goes up again?...102 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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