Don't Chase ARNA
The Supreme Court's decision on health care reform was certainly the big news of the day, but the market's attention will likely stay focused on Europe, as the two-day European summit started today.
It's still a risky environment where new buys should generally be avoided. The best time to make money in stocks is when the market tide is flowing positive. It's not flowing positive now. Sellers are still out there and the performance of recent breakouts has been mixed at best. I don't have much an edge here which is another reason to stay patient and sit the volatility out....372 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.