Stick With Select Buying

The most notable thing about the market's recent action is how strong it is in select individual stocks like LinkedIn (LNKD), Yelp (YELP), Netflix (NFLX) and others, even though the indices are barely moving. If you try to evaluate how this market is functioning based only on the indices, you will miss the fact that there is very healthy action in quite a few stocks. Buyers are still looking for entries but they are focused on names that don't drive the indices to a great degree.

This select buying has prevented any real fear or negativity from creeping in. Sentiment is still upbeat and many market players are optimistic that the market will head higher as the tapering issue clarifies....1205 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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