Tuesday, February 28, 2012

Market Analysis.

Market continues to grind higher. SPX closed above 1370 today finally so the final frontier on closing above 1370 was overcomed.

I would like RUT to lead the markets but currently Nasdaq is leading it and that too on back of APPL.

Remain long is the name of the game.

Stock to watch out for : MCK, CTSH, MMM, BIDU.
I would also watch GS and AAPL. I would expect AAPL to pull back to 524 -526 levels before making it move higher..

ETFs on the dock.. GLD, SLV, EZA, RSX.