Market Condition: Uptrend becomes full blown rally ↑
This Issue has a brief review of: BIIB, CELG, ALXN, JAZZ, QCOR, ABMD, VPHM, GILD, AAPL, FFIV, RAZ, SWI, NUAN, INVN, TIBX, VMW, KORS, DG, MNST, LULU, TSCO, BWLD, LKQX, HIBB, MA, V, TCBI, SBNY, RYL, MTH, LEN, MHO, TOL, FAST, OC, LVS, SHFL, BYI
Market Condition: Uptrend Continues ↑
This Issue looks at: Recent IPOs INVN, KORS
General Market Outlook: The market is in a continued uptrend. Institutional money is finding its way into the market as evidenced by the number of accumulation days this year. Last week the Nasdaq rose 2.8%, the S&P 500 rose 2.0 %, and the Dow rose 2.4%. Earnings season in underway and the market is rewarding and punishing companies based on their own merits. The “macro risk-off” trade appears to have abated, quality stocks are being rewarded.
