Microsoft Shines 01 20 2012

The market was mixed, with the Dow
up strong and NASDAQ down slightly.

While the Dow was up, the internals were a little soft. The S&P 500 and NASDAQ  closed flat on the day.

We have had a good run in the last couple weeks. I took some more cards off the table today; the market is now getting pretty pricey as evidenced by the Daily Market Snapshot configuration.

I will reassess the market condition next week.

Earnings Season - Microsoft Shines

It take a lot of buying power to move a 250 Billion Dollar company this much in a single day.

We were in the right place at the right time.

We continue to hold MSFT.