Last Thursday, many stocks that have run up show some sign of upside exhaustion. Therefore, today's pull back/consolidation on many of those stocks should not be unexpected or surprising. The market ended down modestly. Although there are stocks making extraordinary gains such as those in the fuel cell sector and the biotech sector, one should not get into an emotional chase mode after these price move. More importantly, don't be greedy if you caught one of those trades.
The stocks being reviewed in this video are: MS, GS, BAC, GM, F, MU, BBRY, JCP, AMD YHOO, HPQ, AAPL, AMZN, FB, TWTR, GFI, REE, GLD, SLV, GDX, GDXJ, PLUG.
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Disclosure: Long AAPL, MU, AMD, HPQ, GFI.
