February 22nd, 2012 Market Recap with Gold, Oil, & Apple Analysis

Heads up! I am heading out of town tomorrow to take a long weekend off with the StockBrokers.com 2012 Review now complete. As a result, posting will resume next Monday the 27th.

The NASDAQ today gave up .5% as volume was lower across the board and it looks like the market is finally losing steam. Oil services are coming back into favor (chart below) and Gold is on the rise once again. The real question is though does Apple stock have more upside left in it?

Read of the day – The truth behind the latest Greece bailout (ZeroHedge Part1, ZeroHedge Part2)

Stay frosty (sharp) out there. I hope this market is treating your portfolio well and have a fantastic rest of the week!

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Comments

  1. Jack Burns says

    Blain – as I mentioned to you in church on Ash Wednesday, I have an Ameritrade account and was meeting with them on Thursday. We met. I’ve requested personal instruction on their Trade Architect product – as recommend in your Stockbrokers Review for 2012. Anything I should watch for – or you need to know?
    Thanks for the review.
    Please say HI to your Dad.

    Jack Burns