Ready For The Weekend

For the week, the S&P 500, the Dow Jones, & the Nasdaq were down roughly 3%.  The only thing that made this week a little different was commodities finally took a break.  They didn’t go down but just paused.  Meanwhile, the dollar continues to fall, the economy continues to soften, and stocks follow right along. 

I’ll continue to point out stocks I think can perform in this rough environment.  Yesterday, I suggested Apple (AAPL) was looking a little healthier.  It finished up $1.32 today in a tough environment.  I’m seeing more good things from technology on my charts compared with other industries.

Daniel Frishberg and I had a conversation about the fear or lack thereof in the stock market right now.  To listen to that conversation, click on www.bizradio.com.  You will also have the chance to get a copy of our report that discusses how we measure the fear in the marketplace to determine if it’s a good time to buy stocks.

Have a nice weekend.

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