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NYSE-Trader-feb8

Hold Off on Buying Facebook

By The Chartman FOXBusiness

  • 1. Sideways market

    Sideways market

    We’ve had a sharp selloff. Then a big bounce. And now? Boredom I’m afraid, with the averages moving sideways until the market can figure out if it’s really Bear or Bull.

  • 2. Facebook a buy?

    Facebook a buy?

    Do you like Facebook (FB)? If so, I think you’ll be able to buy it much cheaper in the weeks ahead.

  • 3. Follow Buffett to Deere?

    Follow Buffett to Deere?

    In the most recent filing, it was revealed that The Oracle has taken a big position in Deere (DE). If you want to follow him, I’d do so at least a few dollars lower than where it is now.

    Back next week to start thinking about spring!

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