This morning, the market just isn't cooperating with my stock picks! :-) I'm not too worried about today's bumpy ride as a result of the ongoing shirmish over the debt ceiling. In fact, this downward direction could help me find a good (lower) entry point on these interesting stocks, all based on their recent earnings reports:
Amazon (AMZN), W R Grace and Co (GRA), ACI Worldwide (ACIW), Baidu (BIDU) and SAP AG (SAP) all had good earnings with positive guidance. They are all strong stocks. What I usually look for is their first pullback to the 50 day Moving Average:
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