The NASDAQ, represented by the EFT QQQ, did not form a new high. However, if you're invested, the trend indicates a hold. If you're in cash, I think that this is not the time to buy -- yet. Or if you are invested or are looking for opportunties, remember your risk management rules, and use stops. I added to my stock positions this month, buying Spark Energy (SPKE) and HollyFrontier (HFC). SPKE is up 11.2 percent, while HFC is up 3.6 percent. I'm still 65 percent in cash and money markets.
Other interesting articles: