The market still in the process of deciding which direction it wants to move. The SP500 is hanging around the 50 SMA that can easily break toward the downside or reverse back toward the upside. While the market is deciding, there are stocks showing strength and stocks at the crossroad where it can break down or reverse back up just like the market might do.
Here is a look at some of these stocks and ETF. In this video, SPY, GLD, GOOG, GS, HPQ, MGM and CELG will be reviewed.
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Disclosure: Long on CELG
