GOOG is a lower RS-rated stock among the "big stock" NASDAQ index leaders, but it is extremely persistent here as it flashed another pocket pivot buy point. GOOG bores us, quite frankly, when we are having fun with stocks like ROVI and DANG this past week, ut this may be a reason why GOOG goes higher than most people think here! Just something to note. We saw some other pockets in stocks like ATHN, ACTG, MIPS, ORCL, BORN, etc. over the past couple of days, but there have been quite a few, and so we can reach a point of overload here as the market breadth continues to expand. As always, we try to pick the best ones, and this week did well with ROVI, DANG, and NFLX. You can't kiss all the babies!
PPR - Google, Inc. (GOOG) an uneventful pocket pivot
|Published:||14 Jan 2011 21:13 ET|
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