Savvy Trades and Investments

[jockinmikeg]

Re: market drop, maybe continued downward pressure will urge more value investing, like the stocks discussed here. In January, the market boomed, bloated PEs got more bloated, and many micros and nanos with solid fundamentals have not participated in the rally. Many of the board stocks I own aren’t getting crushed today (except for PCMI, what’s new), which implies some market independence. Current fresh lows printing, so Monday looks like another down day for the S&P. I’m personally looking at the 50ma on SPY to be tested. Might have a bit of a save haven with stocks like SCKT. Great day for them on positive news.