Homing In On These Stocks Towards Year End Will Pay Off

  • December 24, 2003
  • Tim Truebenbach

The
major indices appear to be on very firm footing going into year-end.

image src=”https://tradingmarkets.com/media/2003/Tim/tt122403-01.gif” />

image src=”https://tradingmarkets.com/media/2003/Tim/tt122403-02.gif” />

Cyclical stocks have led
this market for the better part of December, but growth stocks have been coming
on strong into the end of the year.


Research in Motion
(
RIMM |
Quote |
Chart |
News |
PowerRating) has been the most obvious example
as it blew away earnings.

image src=”https://tradingmarkets.com/media/2003/Tim/tt122403-03.gif” />

Yahoo!

(
YHOO |
Quote |
Chart |
News |
PowerRating) and the Internets have been pushing ahead full steam as well. This
stock is attempting a breakout through resistance around 45. The Internet-tracking
stock
(
HHH |
Quote |
Chart |
News |
PowerRating) has also been hitting new highs.

image src=”https://tradingmarkets.com/media/2003/Tim/tt122403-04.gif” />

Moving into the year end,
it may very well pay off to home in on the stronger growth sectors and stocks.

Most importantly,

MERRY
CHRISTMAS!

Tim Truebenbach

timt@tradingmarkets.com