Barf bag sales are slowing thanks to Big Ben's infusion of liquidity. Turbulence still ahead, but the flight is stabilizing. Here's a look at the A- shopping list.
BIDU, low 185, now 193. Still in the red, just barely, for the day. Pupule says: Buy.
CEO, low 108, now 110. The other day I lamented about missing a chance to buy at 109. This is practically the same. Pupule says: Buy.
CMG, low 100, now 101. Approaching its moving averages. Pupule says: Wait.
FLS, low 72, now 72. Down from an open of 76 despite crushing Q2 estimates yesterday. Trading at the top of its moving averages. Sale price won't last long. Pupule says: Buy.
GOOG, low 505, now 515. Pupule says: Buy.
NILE, low 84, now 86. Hit a high of 98 after Q2 earnings, so this price is a major discount for Blue Nile lovers. Stock is just barely touching the top of its moving averages. Tough call, probably a buy only for NILE devotees. Pupule says: Wait.
NTDOY.PK, ask 54.75, bid 55. Dipping below some of its moving averages. I like this price, definitely. Pupule says: Buy.
UA, low 63, now 66. UA hit a high of 73 yesterday despite the shaky market. Short interest is 50% and yet to fully kick in, I think. Tough call. The blowout earnings and high short interest make it tough for the stock to pull back significantly. A believer will buy, but the stock is still above its moving averages. Pupule says: Wait.
Pupule Paul is long BIDU, NTDOY.PK and UA.
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