Stone Fox Capital graduated from the University of Tulsa with a double major in accounting & finance. He's been interested in the stock market since college and began managing investments for friends and family more then 10 years ago. He now has a goal of starting his own investment firm -... More
Both LIZ and MTW were left for dead earlier this year. At this point, they've had big runs and provide quick opportunities to sell and buy lower with closes right at the 200ema. Most stocks have been bouncing off the resistance at 200ema and sometimes providing pullbacks of up to 10% back to the 20ema. Some cases just trade sideways with a few that break right through. Be careful getting too cute as you might get out and not get back in for what might be a much bigger run. The market is looking to breakout so it seems odd to cash in on these 2 now, but any weakness might leading to the great opp to buy back lower.
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Both LIZ and MTW Close at 200ema 0 comments
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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