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2011년 5월 28일 토요일

Market overview May 27th

Seems like consumer confidence is recovering - the overall market trend seems to be in a healthy atmosphere

However, It does not mean that all the stocks are in a good situation. However those growth stocks with huge volume - GOOG, APPL GE are rising trend.

My stock portfolio were generally good. However, KUTV was still in decreasing in its value. It dropped below 4 dollars, so I guess the only solution here is to wait till the result of M&A shows up ( With Pipi TV)

I decided to sell 80 of my NSM and decided to buy cheap stock with higher potential. I put limit order on that stock on monday for 3.00 dollars , 200 shares.

If the order gets executed, I will write the result and the reason for the stock pick and the reason for choosing the specific industry.

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