ISE Back in the Black, Exchanges Continue To Prove Strong
The International Securities Exchange Holding (ISE) has rallied from an intra-day low this morning of $47.50 all the way back up above $49 to get back in the green on the day, trading above $49.40. Some of our readers may remember my call on ISE last week when I called it a huge buy at $46 (I tripled my position at $46.45). Well, the stock is still in my opinion in value buy terriritory, with the best sale price comes at the 50 day MA support which currently is at about $47.60ish.
Anyway, continue to keep an eye on ISE (just one eye is necessary), and don’t forget about the other big guns in the Financial Services Misc IBD - Investors Business Daily - Industry Group. Stocks like the N Y S E Group (NYX), Chicago Board of Trade Holdings (BOT), and others have had great runs over the last couple months.
O and one last note, ISE just hit a new intra-day high of $49.81 abot 1.3 minutes ago. Happy Hunting!
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