środa, 24 marca 2010

Risk Tolerance and CCME

With the market moving higher, more and more participants will start dipping their toes back in.
Investors and traders will inevitably become more risk tolerant. That means small caps and mediocre companies will get some play.
Right now, Chinese outfit CCME is on many traders' radars. The stock is up $1.6 on impressive earnings and guidance. There's also an analyst target price of $30 for this stock.


*Update: I have a position.

IndexClose% Change
Dow10836.08-0.48
S&P 5001167.72-0.55
Nasdaq2398.76-0.68
Nasdaq 1001951.84-0.58
Russell 2000683.66-0.96
Sox Index365.37-1.91
Bank Index52.34+0.42
Dow Transports4362.12-1.09
Dow Utilities377.45-0.92
Nikkei 22510815.03+0.38
Gold - Front Month1086.3-1.58
Silver - Front Month16.61-2.45
Crude Oil80.4-1.84
Dollar Index81.89+1.32
Euro Spot1.33-1.3
Long Bond 20-year115.81-1.62
FOTM - Yen Spot92.18-1.93

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