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Day: April 3, 2013

Google: Upside Risk-Reward Much Improved

When in early-mid February the stock price of Google Inc (GOOG) went vertical and hit an all-time high just above the $800 mark, I raised my hand and discussed here (http://investorplace.com/2013/02/google-stock-needs-to-reload-after-hitting-800/) that the stock is overdue for some price consolidation.  Now that the stock has consolidated and broken past recent resistance, it again looks to […]

More Upside For Wal-Mart

Wal-Mart Stores Inc. (WMT) bounced more than 5.00% over the past five trading sessions and is bumping up against important intermediate term resistance.  The stock’s performance year to date is relatively in line with that of the S&P 500 but if it can hurdle past resistance may turn into an outperformer in the intermediate term. […]

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