The market needed a good week and it got it. We identified the gap that needed to be filled a while ago, and thankfully, the Dow cooperated with a strong surge the past few days.
With that done, I’d now expect to see the market back to old highs. We’ll see what happens after that.
FB I’ve shown a number of times, avoiding it early on, but recommending a “buy” at lower levels.
I’ve never been a big fan of LNKD, probably because I didn’t use it much myself. Shame on me as the stock has been strong and I’m using it a lot more. I’d wait, though, before buying.
Back next week to see if the rally has any staying power!
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."