Bullish but cautious. That is the current prognosis. Correction can be sector specific. It can be limited to stocks which have moved a lot. Correction can also be sideways move followed by another leg up.
The best bang for the buck currently is for those following earnings. When you see good earnings like that on ZOLL or EXLS or many others in recent days, if you dither, if you wait for pullback, in most cases the opportunity is gone. In current bullish environment good earnings is being instantly lapped up creating those 10% kind of moves in a jiffy.This has been a good learning experience of the possibilities of playing the earning anomaly for those new to the earnings game. To play earnings you need conviction.
AMSF,Amerisafe Inc
CME,Chicago Mercantile Exchange
DCP,DynCorp International Inc
EGLT,Eagle Test Systems Inc
ELK,Elkcorp
ENT,Enterra Energy Corp
EXLS,Exlservice Holdings Inc
HOTT,Hot Topic Inc
NCTY,The9 Limited
OHB,Orleans Homebuilders Inc
RIMM,Research In Motion Ltd
RMBS,Rambus Inc
ZOLL,Zoll Medical Corporation
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