A Couple of Recent IPOs at New Highs

You know I like to play IPOs just as they make new highs after building a base. Here are two that are making new all-time highs: Multi-Fineline Electronix Inc (MFLX) and Syneron Medical Ltd (ELOS). Duru profiled MFLX while he was guest blogging for me last month and called it cheap based on the fundamentals. [...]

A Look at Google

Duru and I were trippin’ off of Google being around $150 (without us!). We both talked about buying it a few weeks ago but both passed. He wanted to try it just after it tested the $100 level. I considered buying it as it took out its all-time high at $113.50. I’ve mentioned here several [...]

Stocks at New Highs

I’m always interested in stocks that are making new highs, and not just 52-week highs, but all-time highs. That’s got to be one of the strongest signals that good things are happening at that company. Here are a few that caught my eye the other day. These are at or very near all-time highs: FedEx [...]

Naz Still Lagging

The market had a nice price move upwards yesterday but the volume was still on the light side. The S&P 600 made a new all-time closing high, while the S&P 500 and Dow are very close to making new 52-week highs. The NASDAQ has actually poked its head back above its 50-day moving average by [...]

Do You Buy Breakouts? Think Again (Part 2)

Larry Conners has written a follow-up to his article from last week on breakouts vs. pullbacks — Do You Buy Breakouts? Think Again (Part 2). The results are very interesting. (Again, I’ve archived the article here)