MarkE

Recent Stock Buys

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
Recent comments by the federal reserve has served to significantly allay the fears of many investors that any further rate increases will occur in the near future. Further more the recent government shutdown should serve to stunt some of the upcoming economic indicators. As the Fed has stated many times they remain data dependant and if upcoming data disappoints as it is likely to because of the government shutdown then this further decreases the chance of tightening monetary policy. As has been demonstrated many times a more accommodative fed leads to higher stock prices even though the reasons for lack of fed tightening may pose substantial risk to the economy and therefore stock prices in the future. That be as it may as long as we remain mindful of the prevailing fundamental themes and their relevant drivers a movement up in prices should be capitalised on. Therefore I have listed several stocks that have good upside potential. These stock should be held as long as their fundamentals remain positive and the market remains in a risk on mood. If any of their fundamental strength changes or the market dissolves into a risk off mood, investments should be exited.

NANO MTCH
CPRI ABMD
MU INGN
AEO IDXX
HD TREXX
RHI IRMD
REGN PEGA
OFLX CHH
NVDA LULU
BURL CDNS
GWW VICR
ULTA MTCH
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