Sunday, June 14, 2009

June Swoon or Summer Doldrums ? plus EMG News


Sorry for the long delay between posts for anyone who actually misses my comments, it has been a busy month and not much on the news front of my stock picks til this past week. I have been watching the DOW and markets closely as it rallies higher beyond most of our expectations so this time of the year is the most important.


The number one question everyone is asking is will we correct back to 8000 on the DOW or lower, or will be range trade until the next earning season ? I am leaning to a little of both. There is enough nervousness in the markets to take profit but it may not be this week but later in the month . This is triple witching week and historically it provides a high percentage odds of 77% of being a bull market week so buckle up.



EMG (Emegeo Solutions) came out with some news on their new software platform called FusionPoint. See the company website for the full PR but I see this as the first step in many to come in this exciting tech company. Stay tuned !