Markets
Markets look toppy with SPY and DIA barely moving. Not enough buying and leading stocks are not moving up and tech stocks fizzling out somewhat.
I expect RIMM to post earnings over 50 cents for the quarter, but, I have no idea of the real street expectations... RIMM may go down anyway, unless the earnings are over 55 cents. AAPL looks better situated for the holidays. But, I feel RIMM and AAPL will grow together and both will prosper, one for business market and the later for personal market.
I feel the same way about GRMN and NOK. I think GRMN will solidify and accelerate the GPS market in cell phones. But, watch GRMN for purchase based on charts.
I like Citigroup C and GS both... later being the best in making money in whatever is going on. Citigroup is just has such a powerful presence abroad and is great in credit cards.
Chinese stocks seem to be correcting and may affect our markets adversely.
Best regards...
Wednesday, October 3, 2007
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