The market keeps on plugging away, doesn’t it? But, was last week’s move all that positive? It certainly had its warts (i.e. average volume and a bare-minimum breakout). On the other hand, let’s not over-analyze things: a new high is certainly a bullish, not bearish sign.
This week, more of my favorites, with these two stocks I use almost every single day. That alone always makes me love them, especially if they drop a bit!
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The first is MasterCard (NYSE:MA). Think to yourself: between trips to the market, gas station, and online transactions, don’t you pretty much use your credit card seven days a week? I know I do.
The other stock I love is Comcast (NASDAQ:CMCSA), because the older I get, the more of a homebody I become. And if you’re housebound, cable television is pretty much THE entertainment source. I hate the outrageous cable bills…but I still pay ‘me.
That’s it for this week. Let’s hope the market can continue its crawl north!