Indices looking healthier.......

After strong jobs report, US stock market is looking much healthier.

Dow & S&P 500 are among the strongest index.

Nasdaq & SOX are ready to take out 50 DMA

Many stocks in Semiconductors are ready to jump, they include SWKS, QRVO, SWIR and many more......

FB is looking all set to run with strong technicals....

MOMO TWTR are those stocks which has based nicely and may surprise on the upside.

Indices are ready to come out of doldrums, it has been a lackluster back and forth trading for last 13 trading days.

It is a very good strategy to participate, when indices are trying to come above, major technical hurdles like 50 DMA......

Technology which has been weak for a while, may come up faster than other indices.

Financials had a nice run and may rest for a while.

It is really difficult to be in the right sector all the time, sometimes waiting it out may be the best option.

Hopefully, you have done your home work and ready to be in the right stocks.

This TAPE is going through rotation and may continue to do so until 2nd week of October.

Booking profit is a good idea and buying other stocks in the same sector may work out.

Fibre optics stocks are being talked about since Friday and Barron's on the weekend, may be a very good place to be.

Good luck with your own analysis and comfort level.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed