Activision’s – ATVI - went up quite a bit last week. I don’t recommend buying anymore unless you already did that last week. Just hold for now and if it goes below $12 then we will strongly consider selling it. In the meantime though I still think it’s headed for higher ground.
IDC - Interactive Data Corp
Meanwhile there’s another stock that is looking like it’s heading up – IDC. We’re going to be watching it today and if possible even buy it. The charts are looking great. It’s down from $25 in June to $22.50 today.
QQQQ - It’s still at $39.75!
It’s difficult to gauge what direction QQQQ and the overall markets want to move. In the last 5 trading days the QQQQ stock has stayed at almost the same $39.75. This usually means both buyers and sellers are battling it out and we’ll know the winner soon – hopefully. At this point pretty much any bit of good or bad news can sway the market. Be careful. Don’t buy, if you’re holding don’t sell unless it starts to head down.
