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The Chartman

Are Companies that Offer Free Services a 'Buy'?

It was a pretty darn good week for the market, with this guy admittedly surprised by the continued strength.  I do expect a pullback after the recent breakout, but at this point, the market still has the green light.  

This week, I wanted to look at stocks where I use the product, but pay nothing. Zynga (ZNGA) and LinkedIn (LNKD) came to mine, but when I pulled up the stocks, I realized I had already charted them. So, let’s change gears a bit and see how they’ve done since they first appeared here.

With LNKD, I would have bought, but then stopped out on the post-breakout decline.  But, the recent breakout seems to have stuck.

Fingers crossed the rally continues.  And that my Nationals stay in first place.

Gary B. Smith joined FOX News Channel in 1999 and is currently a regular commentator on "Bulls & Bears," including his own segment called, "The Chartman."