FAQs Frequently Asked Questions
Market Lab Report
I am puzzled by the lagging performance in VMW, FFIV, UTHR, BIDU, NFLX and CRM while the market is up almost 200 points! Could this hint that the market is losing its upside momentum?
Q: I am puzzled by the lagging performance in leading stocks VMW, FFIV, UTHR, BIDU, NFLX and CRM (as of 11/4/10) while the market is up almost 200 points! Could this hint that the market is losing its upside momentum since the leaders are not performing as well as the market?
A: Many of these names have gapped up or well outperformed the general market so could be entitled to a brief pause here. The trend on most leading names remains up, so it is important not to let a temporarily pause derail you. Stocks wiggle, and after a big move, a little backing and filling is not a problem. Don't make too much out of the wiggles. That said, should your stocks hit their sell alerts, sell no questions asked.
First published: | 5 Nov 2010 |
Last updated: | 4 Apr 2012 |