Time to be ahead of the curve!!

I hope someone acted on my recommendations and bought the stocks I listed in my earlier post. S&P was at 880 at that time and now it is at 1015 and going up as I write this blog from a beautiful Virgin Atlantic lounge in London; it does not feel like recession.

This rally still has steam but I am reluctant to go long here. Market has reached the levels where investors start thinking about growth and not recovery. I think the real test is the next quarter where I am expecting a positve GDP number but hey, isn't the stock market suppose to be 6 months forward looking. I think this rally is taking a positive GDP number into account and I don't think we are seeing S&P 1200 anytime soon.

We don't want to be greedy and I recommend taking some money off the table and feel good about it. Another option is to SHORT SPY to hedge your investments.

If the market pulls to 950 levels then I am a buyer again (1/3 of my investment). Keep the follwing stocks in your radar: MRVL, FSLR, URE, PXLW, C, UYM, MOS.

Hope someone is listening!!!!

Cheers!