A Minute with the Fed at 2005-12-12 18:19:39
Sold CSCO at 17.26 for a 1.25 percent gain and PQUE at 8.96 for a 1.76 percent gain. Bought YHOO again on weakness at 41.76 and it closed at 42.36. I plan to hold onto it over Thanksgiving.
Stock Notes: With the Fed intimating that their may be a slowing of the rate hikes, money a pour into Financials. Keep an eye on WFC, WB, C, JPM, USB, CBH, BAC and LEND.
Watch woman's retailers CWTR, CHS and COH.
Risky, but may want to consider shorting CMED at the first sign of weakness.
Pundit Pick:
Chartman recommends COHU due to a strong breakout over longtime resistance/downtrend line.
Chart Watch: 1, 2, 3, 4, 5
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