CNBC Stock Picks

The C earnings are  very confusing, but one thing has me saying not to buy this one:

“C made earnings by releasing funds they had set aside for bad loans”

Uhhh, what?  This is going right back to the non-conservative practice that got them in these mess in the first place.  However, as I say this is not a long term stock pick, it is going to be a great stock to day trade over the next few days.  If you have a JunoTrade account I am running a wide oscillator of -0.35 for Buy to +0.25 for sell.  See Chart of what I mean, you would have caught a nice 0.20 run-up:

The Stock Market continues to slowly creep higher as the pundits continue to predict doom and gloom.  I think we are certainly due for a small correction, but I will be pouncing on this correction like a cat after a mouse wrapped in cheese.  Until it comes, I am slowly buying once again.  I was cash at 7000, bought back in, was cash again during flash crash, and started buying again at 9900.  Sure, I have made some missteps along the way, but I think the market goes up from here.  I will explain in detail why in next article.