Last sunday I recommended you sell Apple, hold / don’t buy Netflix and we were unknown for ATVI Activision Blizzard.

Netflix Update – SELL NFLX
I hope you listened. Netflix was initially at $45. It climbed a little higher up to $47.50 but now it’s heading down as expected. The last price was at $42.20 saving you about 7%.    I think it will head down even more.

Apple Update – SELL / Monitor From Sideline AAPL
Apple was close to $153.00 when I recommend you sell. It climbed to $160.00.  For the time being I’m moving it to the sideline — meaning neither buy nor sell.  I still thinks its overbought but it still may climb higher.  So I won’t recommend Apple atleast until the stock price has cooled off a bit (stock price heads down to establish support).

Activision Blizzard – SELL ATVI
I was still evaluating the ATVI stock last week because it seemed sort of in a midway.  It was at $12 and now it’s down to $11.54 – down 4%.   So my current recommendation is Sell but watch closely because I think in the next few days once it’s come down a little bit more I may consider updating it to buy. For now SELL.

QQQQ – SELL / Monitor From Sideline
The QQQQ is a list of Nasdaq’s 100 largest domestic and international companies. Currently the charts show that the stock is overbought and that it might head down to cool off.  So for the time being don’t buy.

Lastly we had some minor issues with one of our pages being infected with malware so we’re in the process of cleaning it up and increasing our security.

Stay tuned!

It’s been a while since our last stock pick. So I’ve added a list of a few stocks that I think represent stocks that have good potential for growth and profit — even through the recession.

Apple – AAPL – SELL
Currently Apple has reached has very close to their 11 month high at $151.75. If you’re holding it then sell. If you’re thinking about buying then wait atleast it has had time to cool down and drop in price.

Netflix – NFLX – HOLD / SELL
Netflix is also rising up. They’re close to their 3 month high at $44.14 — it could go higher or go lower. If you’re holding it then watch is closely.  If you’re thinking about buying then I would consider waiting until the price heads lower.

Activision Blizzard – ATVI – Researching / Unknown (for now)
I remember in high school one of the most popular games was Blizzard’s Starcraft I another game also by blizzard Warcraft.  Blizzard has been creating great games but I will have to find out more about Activision.  So for time being stay tuned.