Short post tonight.
Best of the Web Thursday
Markets saw some minimal losses today. Whether profit taking or other, it was needed if this is going to be a big run. I was so busy last night I had no time to really have a action list ready for today. It worked out as most names I have an eye on provided better entry points by day's end. I will do a full workup this weekend and be ready for next week.
Not one to leave you with no content though.
Why not check out the great Tumblr that Josh Brown (The Reformed Broker) and I co-author:
Things Apple is Worth More Than
Yes, it's back!
My man Jake of EconomPic had a great post on Leading Economic Indicators and some changes that were made. Please swing by and check it out, very important:
The New (And Improved) Leading Economic Indicators Shows Expansion
ChessNwine will keep you from getting too excited, long or short with a well thought out, reasoned take in his market recap for today:
Stock Market Recap 01/26/12
Robert Sinn (The Stock Sage) explains profit taking and has a great look at what subscribers get to see in his daily updates (Full disclosure, I am very happy to be one of the early adopters, excellent tool for trading) via the SMS service:
The Bulls Ring the Register
Good luck and remember it's Friday so get your requests in for Friday night.
Have a good night.