Stock Market Analysis – 01-24-2012
January 24, 2012 at 7:33 pm · Filed Under Broader Market
Although it’s been a while since my last post, the market has been chugging along without me. I’ve been sitting on a lot of positions for an extended period, but it looks like I may need to start making some adjustments to my current holdings — yeah, I’m looking at you MCD. Earnings have generally been good so far, but I’m really interested in AMZN later on this week. I’ll go through my watchlist to quantify some of my changes in the near future, but the market is overbought now anyway, so most plays are going to be waiting on pullbacks. As bad as the global economy still looks, I wouldn’t go against the current uptrend anytime soon.
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