What a magical day Wall Street is pushing the Dow Jones almost to the 13,000 mark. So if anything, smoke em if you got em and cash out anything you can while the Street is so happy and joyous. Overreaction by the Stock 
Masters, maybe paranoia?
More like realistic and defensive investing so that you aren’t a victim to any panic selling or surprises that may pop-up next week. McDonalds (MCD) and Google (GOOG) are both having great days and they are both stocks we have written about in the past.
MCD – We told you to buy back in January after they starting selling the Mega Mac.
GOOG – That was part of our Tao of N.W.A. when we talked to you about investing like a gangsta back in December.
So does the StockMasters think they have all the answers and are they too cool for school?
Not at all, we are just useless bloggers, but still, the track record and articles speak for themselves.
We have inflation to worry about America and that is what the Federal Reserve Bank is concerned about so Interest Rate hikes could happen. Among other things, when the market is happy you should take some of those gains. If by chance next week sucks, you won’t actually have that money until you sell those stocks or mutual funds, so sell away today.
So with everything moving up what’s not? Good ol’ Stampy, Stamps.com (STMP) who we called the "worst stock ever" hits a new 52-week low today. The PROShares Short funds are having a field day with the market on fire so due stay tuned. However we will mention one stock that has caught our fancy, recent IPO Comverge, Inc. (COMV) is down almost 5% today. We’ll do some more homework on them but their software and wireless systems thatreduce electric utility consumption during peak times is a promising game plan. Here’s a decent review of them for your reading pleasure , Happy Friday Masters.
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